With a 2 to 1 RS the split is really a non-issue in my opinion. Many reverse mergers are more than a 20-1 RS. Given the number of shares that exist the only reason the RS was not more severe here was due to the fact that the company has such great value. The two top people make about $3,000,000 total.
Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.