I think the turning point for that poster was post 35105 on the board ....looks like he was in the stock until May 15, 2020, then sold his shares, seeing dilution. I don't know if he made money or whatever, but since, for nearly 2 years, has been posting on and off here...
This could certainly do an RS and dilute more, I don't know? But you're not going to get ruined buying at .0001 if you just buy a few million IMO, so long as you're good at investing elsewhere, like 401K, etc.
The stock was at around .0024 then in 2020 - have no idea how high it got, don't really know the history, etc. Just tread carefully.