I know you guys were referring to UMS. They just don't want to accept the fact that you guys were right. The point I was trying to make was they are basically all one in the same now. TALK bought UMS and last year right before the announcement of the merger, UMS reincorporated it's name from UMS, LLC to UMS Corp.
Here is a question for the board.
Since UMS Corp is no longer referred to as UMS,LLC, how were they able to file for BK protection under the UMS,LLC name?
"UMS was initially organized on May 11, 2010 as a limited liability company under the laws of the state of Georgia under the name United Mobile Solutions, LLC. On September 16, 2015, UMS reincorporated as a corporation under the laws of the state of Delaware under the name United Mobile Solutions Corp. UMS has two wholly owned subsidiaries, namely (a) United Prepaid, LLC, a Georgia limited liability company, which was originally formed as Global Tristar Distribution, LLC on April 12, 2006 for the purpose of enabling prepaid cell phone customers to conduct wireless prepaid replenishment and marketing of prepaid cell phone air time and (b) International Touchpoint, LLC a limited liability company formed on March 12, 2014 in Texas for the purpose of refurbishing cell phones for resale." https://www.sec.gov/Archives/edgar/data/1373444/000149315216007096/form8-k.htm
"The Company entered into a Purchase and Sale Agreement (the “Purchase Agreement”) on September 24, 2015 with Kil W. Lee (“Mr. Lee”) and United Mobile Solutions Corp., a Delaware corporation (formerly known as United Mobile Solutions, LLC)"
On September 16th they switched their name and 1 week later they join forces with TALK. Coincidence? I think not. IMO, Lee and Levy knew perfectly well what was in the works.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.