I honestly doubt it is. I think it’s one of those cases where the company can split up to ‘X’ amount. But George probably read it as exactly 20,000 and he’s creating wide panic.
Many figured that out after hundreds of emails were sent with no reply over several months. He didn't even have the class or decency to respond to anyone. That's why I sold around 8'9s! I hate to see shareholders treated like that.