Not true one bit. Most R/S are 6 to 1 or 7 to 1. What's he going to do reverse split and take the O/S to 80M at 6 to 1 or 70M at 7 to 1. Absolutely not. No credibility
What's more likely is a retirement of shares and really at under 500M he won't need to do that for quite some time. Keep trying though, those posts bring a necessary comic relief to the board