Are you serious? If you bot this for a 100,000 share dividend that would not be subject to the R/S, think about this.
If 3,500,000,000 shares got the dividend, that is 700 preferred shares, 70,000,000 common shares to be converted. A freaking 10 times the post split common of 6,500,000-7,500,000 shares. Do you have a clue what that would do to the share price. If I bot after the split, missed that dividend and got whacked for a 10X dilution for your 2% dividend, I would be really POd and would have an open and shut court case. The market would see this and we would be dead before we got a chance to run.
If management did not R/S the divi too, no one would buy into that guaranteed dilution next February. Most important the dividend dilution is of NO cash benefit to the growth of MELY. Yes there will be some more dilution BY MELY to grow the company, no one should have a problem with that. If what you wish was legal, I don't know if it is or not, every stinky pinky would do it. A little common scents here. Just hope we get the PRs to back up this split, we will be fine, IMO.
