HI Matt,
Thank you for showing interest in our plugin.
As advised in a previous post the “password reset dialogue” is not part of the public site and neither part of WordPress, i.e. it is created by the plugin itself. Hence there is no need to include an option to hide such text, hence why we marked such ticket as closed. Having said that, yes in the near future we will include such option though lately we were very busy developing some other more useful features.
While I trust the above answers your queries, do not hesitate to get in touch again should you have any further queries.