Share reduction by either purchase or R/S needs to be done. Now that the stock/holding company is current, they can probably do a Reverse Split, or change the name, if they wish to.
The shares aren't being administered by Paul Stickland, they were sold or transferred to him. That's what the documents seem to say.
However, the escrow thing is a good point. So, what is the escrow account? The escrow account looks like it is with a company called Brinen and associates. So, that's who I think is administering the shares in escrow: Joshua Brinen. The shares were to remain in Escrow until 8 conditions were met. Some of the conditions are the release of supplemental disclosures describing the transfer. I think those are the documents were are discussing.
This does answer the question as to who paid the money to get SPRV current. Condition 7 says that Selkirk will pay the cost for SPRV to get current. That means that if the claim is that these shares are not owned by Selkirk, and Strickland is no longer involved with the company, then that means he paid to have Sprv current, that he was not paid by the company, and owns no shares. So, he paid to get SPRV current out of the goodness of his heart. This doesn't appear to be the case, though. Am I misunderstanding the document?
So, it seems according to the disclosure, that the shares were transferred to Selkirk, though held in escrow and if the conditions of the escrow are met, then the shares go to Selkirk. It looks like those conditions were met, but only recently, If I read a different disclosure, which said that Paul Strickland wasn't paid, and these shares are a separate transaction between Todd Violette, Barclay LYons LLC and Paul Stickland and Selkirk, then paul Strickland is still owed money or shares as compensation. Would that be true. The document says he wasn't paid, but it doesn't say he will be paid. Maybe if there is indeed a merger, or acquisition that he will be paid when the stock as a company producing revenue.
There's a lot going on here, but this is my understanding at the moment.