No, until the investment of 1000 Steem is made on the blockchain. ... Unless there is some kind of allowance for the @riosparada donation of his @steemstock account... which amounts to roughly 77 Steem, give or take a little or a lot. I am leaving that open, however it was a unilateral decision to permit Steemstock to be a contribution for him.

The Audit tried to cover this discrepancy and leave it open to debate whether this donated account fulfills part of the 1000 Steem Phase 1 investment.

There is no requirement for a certain number of officers to my knowledge.