I will put it that way. If the Shares issued to whomever can Show evidence that they paid for in the year xxxxx and converted those small loans into Shares and then later on assigned them to other parties MYEC will have a Problem.
If those 2 big shareholders really would Held Shares above 5 % (reporting Obligation) then they really must be stupid. They could have stripped those certificates and sold, step by step. Why Holding them and knowing that something is wrong?
Remember when Ed Starr sold (filed) 1 Billion Shares to MYEC for $ 10.000.-- when at that time the value actually would have been $ 2 Mio, then you turn the table and you can say, oh somebody at a certain Point gave 15.000 and got Shares and another gave 3.000 and got Shares and so on.
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