CEOs always deny RS is in the works
They always say that there is no plans for an RS, until the day they file to do it.
With the current AS and OS, Ozop can't honor the conversion terms of the Preferred D stock, so it will either have perform a reverse split or increase the AS.
Either way, the real owners of the company (Class D shareholders like Catherine Chis and CEO Conway) won't suffer any ill effects, because their preferred D shares are convertible to 3X the number of common shares.