Replies to post #203 on Ultimate Lifestyle Corporation (UMLS)

[NHPIPIXiPY$26]

Ha, I am not sure that he....

I am not 100% sure how the whole process works, but I think he buys those shares to take control of the shell, and either deregisters them or hands control over to the people who purchase the shell during the merger process. I think he makes his money on the sale of the shell itself, could be wrong though. Maybe he does keep some portion of those 50 million shares post merger as well, not sure.