Here's the short stats, There are a ton of shares that were shorted a month ago and after that have to be returned over the next couple of weeks, my guess is they are a bit desperate at this pps if they haven't covered, also very hard to cover with little trading volume in the stock, keep in mind it could be as much as a 60% loss at these prices if shorted @ .04-.05 avg which many were:
I was not aware that a note holder was restricted from trading. However, it would piss me off to have them manipulate their conversion price. The company should be pissed also.