Absolutely! They have to eventually disclose the date and the ratio at which the split will be at and also the type of split it will be. At an 8:1 R/S ratio at this point would reduce o/s to 560,750,000 as an exact number. So my assumption (pure speculation here) is that 4,486,000,000 is not a mistake and fortells of an 8:1 r/s at some point in time. R/S aren't bad if the company is profitable, it actually makes a company more attractive to larger even institutional investors.
I don't like dillution. If at the end of the day this is a success, then this was just another necessary adjustment that had to be made to get the ball rolling. IMO.