islandboyz, you're so wrong is almost funny. Sad funny.
Frank has 100% of the voting rights. He doesn't need a majority of the shares. (Do you understand what non-voting shares are? Because you own them.)
As for 'he's not in it for the money,' I get insulted when a CEO says that to me. Fine. Give up your shares that you keep awarding yourself. Give them to charity. Or stop awarding yourself more. C'mon...
Look: he (hopefully) acquired some good, valuable assets with the shares he issued to pay for them. They're worth more than the shares now, which is good for the future share price. (It should help it go back up.) But he awarded himself a TON of shares without informing his shareholders, TENS OF BILLIONS of shares.
That was wrong.