I'm saying that pino/carter/thompson WERE the company when they issued shares/certs. In particular, Carter supposedly had an agreement to purchase BCIT and the deal went bad... in the meantime at least 300 million shares were issued.... and according to Megas they were issued invalidly.
Megas NEVER said the Carter shares were counterfeits.
But Megas DID claim the later Pino shares were counterfeit. But when it got to court, that changed to "invalidly issued", just like the Carter shares. Another 244 million of them.
And again... invalidly issued means it is the company that is responsible for the shares.
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