When mgt decides to unleash all the pent up news regarding recent partnerships, contracts, revenues, etc. which IMO will be right after the merger, the resulting news should cause many institutional investors to jump into ANY which would cause the stock price to drastically escalate and force the brokerage houses handling the naked shorts to immediately call all shorts (just like in a margin call) and thus eliminate the vast majority of same.
Once ANY starts projecting rapidly increasing qtr to qtr revenues and profits, the stock price should continue to rise, thus eliminating most from even trying naked shorting as the expected future is for increasing stock price increases, not decreases.
Then it is up to mgt whether to stay on the Toronto Exchange or not, but their decision would be for broader reasons than just wiping out the existing naked shorts.