"SEC Form 10-12G Registration Statement only registers shares; it does not create free trading shares."
All invalid shares are not free trading shares.
Explained more:
From 10 did not register those invalid shares as free trading shares... all it did was provide a par value or monetary value to those invalid shares and as such creating a deficit to the company and shareholders recognized by the courts.
The Courts can provide remedy by canceling those invalid shares as there is no law prohibiting a Judge form not doing that. This should be easy since NO PARTY with invalid shares has contented the custodianship as stipulated in the most recent Status Check.
Wait for the 8Ks and wait for the next Status Check
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