What you fail to understand is they are talking about voting rights of the outstanding shares. They are not talking about actual shares. Wei does not have any common shares at all.
What you just posted of the 8k proves the fact that Im right. Wei holds the control block of Preferred shares not common shares. His 93% voting rights were based off of the 75 million outstanding not the current 8.27 billion outstanding.
You can call the transfer agent and they will explain there are 8.27 billion outstanding and 8.27 billion held at DTC. Held at DTC is the float no restricted shares here at all.
News 
Market Data 
Discover 
