If Peterson does a reverse split and uses the excuse of doing it to Uplist - he is a sociopath without feelings for others.
It would be the worse abuse to shareholders I have seen.
Getting the price to required level for Nasdaq is just one problem - TRTC has never been profitable.
A reverse split doesn't harm insiders the Preferred Shares have a non-dilutive clause - then they can just gift themselves more shares as bonuses or some kind of deferred compensation - or use a S-8 - this is a registration statement used for employees - it is a way of circumventing Rule 144 so the stock is immediately free trading.