Sphere 3D Corp. (ANY)

[strut1702]

As you know, XXII took precautionary measures to prevent a potential hostile takeover after uplisting. Sphere is heavily controlled by insiders but I don't see what would prevent a hostile bid for the company. Correct me if I'm wrong, but a bid appears to be a---possibility as this drags on. If that is the case, I wouldn't want to be short over 2 million shares for long at these price levels.

We are now sitting on a roughly 150mil valuation. We know more about Sphere than we did 6 months ago. We have seen biotechs trade well above 150 while not bringing in a dime of sales. Again, this might be appealing to a large entity.