Sphere 3D Corp. (ANY): Sheldon alone can carry the S/P of Spher...

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Thursday, 04/17/2014 1:04:15 PM

Thursday, April 17, 2014 1:04:15 PM

Sheldon alone can carry the S/P of Sphere to stratosphere if he wanted. Last year he paid himself $35MM. So he doesn't need any financing to buy this stock. Pinetree capital has about $800MM of AUM.

He has history of investing in tech start ups for 20 years. So it is very good to have him on board. He has deep enough pockets to support the S/P if needed. The reason why we didn't collapse completely after the SA hit piece is him buying over 25% of shares sold that day.

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