The PR clearly stated who owes for the illegal shares. The toxic lenders and former firmer management.
"after investigation findings concluded that millions of shares were issued by past management, and its agents in concert with various Convertible Debenture Note Lenders without the necessary legal approval of the majority of the Class “A” Preferred Shareholders. Special Counsel is currently in ongoing discussions with the Class ”A” Preferred Shareholders regarding what appears to be a massive amount of wrongfully issued shares that resulted from numerous conversions by various convertible lenders whom are believed to have been acting in concert for many years"
Regardless of the 700m+ share cancelation, $ERFB has much more going for it than most comprehend. Thats just an added bonus from new management, simply righting a wrong. A $12.00+ to micro pennies drop without reason is not something investors take lightly, nor does New CEO Dr. John Barnett and Advisors AEI.