Janice, ok, I erred, I was reading the last line of the benficial owner section of the 10K where it states 49.5% is owned by the officers of the company. The actual majority between the two is 86.6% BUT...
You are still missing the point. It doesn't matter if they own 99% of the issued and outstanding between them, any forced acceptance of the illegal shares is unfair to the real shareholders, unfair the company and unfair to Megas. Why should he have to bear the cost of "fixing" a problem he did not create? Answer that, Janice.