To short a stock, you need to find a counterparty. This is doubtful with a company (i) in danger of being delisted and moving to the pink sheets and (ii) a qualified opinion from their auditor, which is basically a death sentence for a business trying to look for financing. Not to mention that Berth and his affiliated companies are on the hook for a E4MM loan from Commerzbank.

In a liquidation, equity holders are last in line behind secured creditors, bond holders, and unsecured creditors. But by all means, dump all your money into this pig. Or you could put half into Defiance Pictures. I hear they are really doing well now.