The damage has already been done.
What's the big deal if he R/Ss. Unless you've got hundreds & hundreds of millions of shares, your balance is already toast at .0001 per - and going lower with a split, then following sell off isn't going to hurt any worse really. It's already done. Ten cents to .0001, gimme a break.
He got me twice but thankfully not everybody's as stupid as I am. Very few that are holding now are going to buy any more. Very few.
The main thing is that hopefully he won't be allowed to pull off the R/S and do the same thing to a bunch of new peeps who will see a fresh crop of pizzamakers with their most awesomest DD & preach how great the potential is.