Opportunity, The only thing correct about your post is that in two weeks, something is going to happen. IMO, it certainly wont be any short covering. The short interest report is arould 66K and that is nothing in a penny stock. I totally discount there being any large number of unreported short interst.
Smithline gave the company 2 weeks to see if any new investors will give him some money. I think that may be the end of the line for Smithline extensions.
Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Apr 15, 2009 66,500 46.80 63,216 1.05 No No