clarity, in his deposition for the suit you brought against him for attorney's fees and expungement, Megas stated he was ordered to sue by the DTC. He also stated he tried to convince the DTC to find a solution that did not require litigation but the DTC insisted he sue in order to find out who held counterfeit shares and where they came from.
Since the suit against the shareholders proved virtually all of them were naked shorted shares rather than counterfiet, perhaps the brokers had to settle with Megas after all and that is why they are now legit. Or perhaps the brokers have agreed to buy back all the air shares on the open market, leaving only legit shares moving forward in to the R/S.
Personally, I don't expect a R/S until the air shares are resolved. Its just a gut feeling but I could be wrong. Megas could have very well agreed to do a R/S first to make it easier for the brokers to cover the air shares since many people will be wiped out by a R/S and wont need to be covered. There would still be sufficient air shares on the market to force a short squeeze but it would lessen the damage to the brokers.
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