Sorry Homersbud you are incorrect on shorting at these levels.
The MM's would have to put up 400% in collateral for every short said under a penny as there is so much risk.
What the MM's do do is when they see notes being exercised, stock offering to be sold they front run the orders, sell in front , a short but just for a very temporary period as they within minutes cover when the sellers drop their price.
This company is a slag heap, there is no chance it will be successful using these methods; its just a cash grab for the insiders, note holders.
In my opinion.