For some insane reason, Sterling refuses to turn these shares back to Urban for distribution by a valid charitable organization. His story that it would be an insult to Urban is rubbish. In my opinion, Sterling either already received the shares or they are in transit.
My guess is that UC and the corp would prefer to wash their hands of this. Sterling is right about one thing - it is not a legal issue for the company. As for Sterling and crew, that is another story.
By the way, why the heck does anybody care about this anymore? Let Sterling clean up his own mess and let CMKX get on with business.