Common sense says if Offor controls the company then he owns 50%+ of the shares. Every company on the planet works like this.
Link please to anyone with a low cost basis looking to sell at every opportunity. Total nonsense. I have 400 million shares at a cost basis of $.0004 and I'm holding these shares until the conclusion of the Erhc story. I'm certainly not selling for a fraction of a penny valuing the company at a mere $1.2 million. Common sense says that valuation is ridiculous.
Per the bylaws, the company is not required to have costly annual shareholder meetings.