Corey Ribotsky's N.I.R. Group AJW Funds Downward Spiral Convertible Notes

[Increasecometh]

I see Stockdiesel has posted a nice summary of AJW related companies. I own a couple of them including CYSG (Cape systems and CSHD (formerly FHAL that was involved in the financing through AJW). CYSG traded 453 mil. shares on 6/28 which is probably at least half the float. Sounds fishy huh. Since then 10 mil has been the most of any 1 day.
What I'd like to know is if the grandfather clause that has been removed will cause naked shorts to cover affecting the pps of these companies in the near future. I believe 45 days from the Oct.15th rule change is the cutoff for mandatory buybacks of uncovered naked short positions and FTDs. Correct me if I'm wrong..I am no expert.