There was just over 1B traded at the end. So yes definitely possible, or how about this: the naked shorts traded were greater than the float?. It would not be the first time that has happened.
Good lawyers and Auditors are mighty expensive, I wonder if a angel investor is bankrolling the legal and audit costs. Same entity who is going to invest up to 3M when we go Pink?. Seems to be no problem. Would there be a legal requirement to declare where the money came from (in the financials) if that was the case?.