AKsquared.
If Mike was short since he started posting his warning, he should be dancing all the way to the bank right now....And he got enough time to cover at major profit before any "squeez".
So far the only people who are getting squeezed, are the longs who didn't understand the type of financing this company and management signed for.
Management don't have any skin in the game, they hold less shares than most of the people here (my guess) and keep using the financing to pay their bloated salaries.
The financiers can just short as many shares as the want (until they reach 500MM) and cover with fresh new shares the company just issued them.
They have the 0.05 limit, so they can force the company to do the RS and start the game again (or foreclosure on the cash).
The only way the company can get out of it, is to sign a new finance deal that will pay current Note holders and provides the cash for operation.
If they can't find a new one, it tells you what their technology is worth.
News 
Market Data 
Discover 
AI
