True the second paragraph is a bit confusing, but that's what I meant.
What I'm saying is that if there were shorts and they depressed the share rpice they didn't hurt TEVE as the commpany never raised funds or sold shares to the public. All their money came from Mr. L. Those moneys owed to him were converted to shares at the price set by Mr. L and were largely unaffected by the shares price. Hence the shorts (if any) didn't hurt the company.