Here are some red flags I see:
--They are breeding "hybrid" Morkies-->cross breeding = not good
--They are placing their puppies at waaay too young an age (8 weeks!)
--They are advertising their dogs as t-cups
--They are breeding 3 pounds girls for Pete's sake!

--They seem to be having quite a few litters within a very short amount of time (3 w/in a 2 month span?!)
--The health guarantee only covers 'life threatening' genetic disorders, which leaves it WIDE open for non life threatening ones (like LP)...oh wait, they outright say they don't cover LP
--They sell on limited registration, but will give you breeding rights for an extra $500.
Sorry, but these people are everything you DON'T want in a breeder. I would run as fast as I could!