Tonner One World Holdings Inc (TONR)

[Voices of Reason]

Need someone to check my math, but I think I have this correct:

From the most recent Form 3's filed showing beneficial ownership:
Dennis = 1.2 million
Robert = 1.2 million
Wilma = 1.5 million
Stacey = 4.1 million
Trent = 4.1 million
Corinda = 9.7 million
Total = 21.8 million (not including other outside consultants, convertible debt holders such as Asher, if any) - this is as of May 15, 2014

From the 10K, as of 12/31/13, the same beneficial owners (except for Dennis) held 22.2 million shares. This would indicate that the beneficial owners shares are relatively unchanged.

However, from the most recent 10Q issued on May 15, a subsequent event notes that they issued "16,200,000 shares to our founder, officers and directors" .

Question - does this mean that the Form 3's do not adequately show their beneficial ownership (i.e. 21.8 million plus the the 16.2 million not shown) or has these beneficial owners effectively sold off +/-16.2 million shares?