Agreed, it would be different if Lebby hadn't had the foresight to raise enough money to get the company to first revenues. That alone should force many shorts to cover.
Plus they are like the IRS they will look into everything not just short manipulation. I never dispute what the IRS says I owe. Did it once cost me $20,000 more then they initially asked for. They asked for everything but a stool sample. Leave well enough alone.