This would be in legal action if he did an RS. Count on it.
He said there would not be a reverse split. Take that for what it is (AS raised I know) but he needs to address it given some fearmonger is trying to scare people on social media about it. And I don't mean one of the longs here. Suddenly 9 people on social media have asked about it. That's what happens when some jackass takes advantage of an unanswered question.