Megola Inc (MGON)

[ITYS]

Look at last financials posted and see what the last officers/directors owned....issue is there isn't a majority control anymore as they dumped another 200,000,000 common...so preferred holders have more votes then common and need majority votes in control classes to do anything....so you could do yet another reverse split of common to wipe them out again and then need to do something with A,B,C preferred holders and get majority votes in each class...biggest issue is everyone has left this to rot....toxic lenders are doing whatever just to dump what they can....megola has issued more shares then authorized so unless they increase authorize FIRST to cover ALL the preferred issued this goes nowhere....whos going to pay to get financials all updated and then pay for proxy's etc etc....they cant pay the $1500 to Nevada to be in good business standing...all nonsense..but comical nonetheless.