If he does perform a R/S then there should be a legal consequence! The proof is in his posts on this very board! It can somehow fall back on the SEC ruling of CEO's using a public message board to widely spread or equally/fairly distribute info concerning the stock. By saying that there will be no split encourages some to put aside fear and buy more stock in the company. This to me is lying or misleading the shareholder and must be illegal in some way, shape or form. (all based of course on an actual split). Class action law suit may apply here if promises are not kept or shareholders feel they have been misled.