RE: Just telephoned Berlin...Equityplayer, NAKED shorts don't cover... they're "shares" that don't exist. i.e. unregistered phantom shares. I hope that this is not the case. The management should be alerted if it has happened.
If you want to know more about this practice, read this and watch the video of Senator Bennett:
https://www.thesanitycheck.com/
The way NAKED shorting or Failing to deliver (FTD) is done is shown in this slide show:
https://www.thesanitycheck.com/DrByrneSlideshows/tabid/107/Default.aspx