The Short positions being carried by those firms that have accomodated buyers in the past months will more than likely begin to "take in" their positions before Friday aka ELVA day. Reasoning: Electrovaya needed to have four registered and active Market Makers, unless it satisfied the requirements of the Nasdaq Global Market Income Standard or Equity Standard in which case it only needed to have three registered and active market makers. Either way it's cover or be run over...