That's what I am thinking, as a seller of shells, he should be all over it and gaining big fees, but his site looks more like a discount "off the rack" type of trade. He would only be required to file the 8K to notify shareholders of the significant event of management changes, if any. He could actually hold the office of CEO and still sell all of his shares if the by-laws say he can, and by default, he does, until the new owner holds an election to elect the new directors and choose a CEO.