yes, the shares are registered. I'm not sure it's strictly legal, but they're in Greece and untouchable by the SEC or FINRA (other than the company, which could be fined but that would mostly hurt the shareholders).
But this is a scam, have no doubts. GE manufactures shares, has Kalani sell them at whatever price he can, then he sells the newly minted shares to Kalani at a steep discount.