So true thats why that alias appearing now, just before. Is actually quite funny.

No, didnt say that at all. Read again. eom

Anyway, here the link to the "official" short position ANY...if so confident, then why down by 120k shares??

And that now after the last reduction too, and especially by a non-insubtantial amount, never happened twice in a row...in all of this year...

Short covering commencing in "stealth mode"

http://www.nasdaq.com/symbol/any/short-interest

No, it doesn't they are not mutually exclusive, and nobody ever said it is one single entity that is short, quite to the contrary. Your argument though presumes that entire short position is owned by one single party which you presume to arrive at your conclusion..

But still your answer is interesting, so talking big one game and playing another?

Interesting, though hardly surprised...

While its true that Overland cost us dearly so far, it is as their sales channels with 17'000 resellers really couldnt add much apart from a cash drain as long as GW was not readily available, nor were G-Series, Exosphere etc, now that they are, the synergies of Overland's sales channel can finally be realised.

On its own, Overland also with the introduction of Snapcloud is most likely also making great progress by now, which is also complimentary.

I could see that as a scenario.

Of course logically speaking, not just IMHO

The shorts will continue to post until they cover their last share. Or at least cover that much that the remaining short position doesnt justify paying full time employees to post on Boards. One can do the math.

Of course, generally speaking as there really isnt a short position in ANY at all.

Just public service providers.

They had to do it as the broker had signed up "investors" who management seems to have discovered were actively and aggressively shorting into the offering, as also strongly indicated by the rapidly falling share price since the time the broker was signed on...

Yes, they had to then act very, very quickly in a matter of days (in that the alleged shorts also succeeded) and find investors in a rush to try to replace the "investors" the broker had identified. And yes, that cost them much worse terms then if they could have otherwise waited, but given what was allegedly and evidently happening to the share price on a daily basis as a result of the aforementioned, they had little alternative than to very quickly act.

IMHO

Please dont do our "public serving" Hugo that favour. LOL

Your posts are highly appreciated!

YET! Remember we are not even officially launched yet... And for a change I agree with you and thats the whole point: Creating buzz! Once we have buzz, the market will recognise the value, as it does with Docker (and that even despite its small revenue) and the growth in revenue will just become a cherry on top.

Yes, prior to launch we failed to create buzz. Guilty as charged!

The billion dollar question is now simply, if over the next weeks, months, quarters we will or we will not manage to create some buzz. Absolutely correct!

"One huge actual purchase order for Exosphere and I will go away forever. Deal?"

Let's see if you are a man of your word.

FACT: The short shares have to be bought on open market. Any issuance of shares is not, and, in fact, they proved unwilling to allow the large shorts in to cover through direct placements.

But then I doubt that you dont know that simple difference.

Pretending to play dumb is sometimes a very convenient strategy to make ones point, generally speaking of course.

Even investors you bring yourself in to replace whoever a broker had identified, once you sign a broker you have to go through them. You can cut investors out but not the broker once appointed.

Is common also generally speaking, as otherwise no broker will ever really lift a finger, thinking you might replace even him at the last minute...

Hi Pete, the closing was filed also. While we may see a PR confirming the close again, barring any change no additional filing is necessary strictly speaking, still we may see one again...

Now, the filing doesnt show who the participants were, but I am sure after what Ladenburg (allegedly) did or try to do, S3D chose the participants it did let in very carefully and upon due consideration. Once they register shares, we may see who exactly got to participate at the end, but main thing is the big placement that the shorts wanted to cover all their shares (apparently), seems to have been successfully avoided.

Well, Microsoft and its 22 datacentres around the globe and with thousands of enterprise sales guys in its wings, is now there to prove you wrong...

Even if you think that only a tiny fraction of that force is going to sell GW...then you will be proven VERY wrong.

IMHO

"They already have Azure. The only one that is bigger is AWS."

And what better way for Azure to take market share away from AWS then for MS to partner with a company that can allow for app migration to their Azure cloud MUCH cheaper than ANY competitor?

Maybe that is why the MS events? Maybe thats why the MS appearance at Nasdaq event? Maybe thats why we are the smallest nanocap partner invited to the MS Enterprise Could Alliance?

All FACTS. Undeniable FACTS.

Makes sense?

Sure. And we believe... Shorts have no position and are posting rigurously on a Saturday evening even...

Sure...whatever you say Hugo...

Nicely said eom

Are you actually aware that with every post of shorts we get reminded Just how many shorts are in this stock? Every day, even on weekends. Here and on Twitter, and the Yahoo Board...

All that attention because the short position is so small?? Really??

Denying it is like the guy in the movie shooting "Nobody home!" when the door bell rings and wants people to believe nobody is home.

Is old, but funny though.

Fully agree, and that was the purpose of the financing, even though very expensive, to have time to prove inroads with Glassware and traction, which leaves shorts with but one alternative...

What the shorts will post (or are intructed to post) and what they they think are two very different things...

The financing was already announced and filed. Not sure what else people are expecting? eom

So far, yes. To their surprise we seem to be standing and now on Azure (offical announcement coming hopefully with MS), from there the tables could actually turn.

Cyrus is the lender and there is a $5 mil. credit line by them available PLUS the new "toxic" credit line of $5 mil., but it was made available, also for just in case, like an insurance.

Last was added to the $5.6 mil. raise to not have to go to the market for financing if they dont want to (without any revenue increases even) until October of next year.

We have seen the PERFECT storm in a VERY short time frame:

- Disappointing financials
- Removal of guidance
- Delay of launch of main product on global platform
- Heavy shorting into a financing
- Margin selling by retail
- Expensive financing
- Retail and possibly institutional selling
- No news enforcement seemingly until today due to financing

--> Deep depression in SP and sentiment

If there ever was a worst case scenario, we are right now in it!

Looking for relief as we leave this PERFECT storm in our past...

Hi GetSmart, please check your private inbox on ihub. Thanks! eom

When so, that would turn us rather violently. Maybe, not even first day, but that would make it VERY hard on the shorts...especially at these rediculous levels...even if were at $5 a statement from MS would be VERY powerful, but at $1.60??

Boy oh boy...

Hugo, why are you backtrekking now??

What you wrote was very different, and much closer to what very likely happened.

Regretting saying it??

Very interesting!!



YOU said: "How do you know? If I were the funder I would have shorted into the round, covered in the financing at a risk-free profit, and ride a 5 year warrant for no cost."

Very well said. eom

Guess Hugo has a good idea what likely happened as he stated in that post. That means he also has a good idea that the raise wasn't nearly anywhere as large as some shorts might have expected. How would they cover now??

Hmmmmm.....


Hugo:"""none of the new shares will hit the mrkt till $3.00 or $3.50"""

How do you know? If I were the funder I would have shorted into the round, covered in the financing at a risk-free profit, and ride a 5 year warrant for no cost.

You think clients of bucket shop (IMHO) Ladenburg Thalmann are sticky long-term money?

Sure...."

Nice! Now, that was back in March a glimpse, when the product was still many moons away. Now, official launch in a few sunrises.

Once the product is launched officially with news releases etc, exposure should go viral

Very well said. Thanks. eom

Exactly! Its called PATTERN: Whoever doesnt recognise the same pattern by now after the financing, of shorts:

1) trying to hit SP whenever in the day they see at some point that there are few bids
2) hit the share price down with a nice big block, hope to frighten Mr Jones watching the ticker and get him to sell
3) buy his shares and more in small increments to cover for the next day...same play again.

Meanwhile having some posters to ensure that their above strategy works.

I dont know how that could clearer....

GetSmart certainly is smart. eom

You will see Oh, but do expect the shorts to post more the more they are forced to dare I say...COVER. Every share short is a share that will have to be covered, sooner or later, or sooner?

It is nice to have you here eom

Correct, only IF they choose to use it. So its available IF need be and only then would the conversion of the donvertible note be repriced, and come into effect IF and when converted, which would btw be good thing as then the convertible debt would disappear from the balance sheet.

FACTS not IMHO

Good point. LOL

Yes, and done at premium to market price with $2 a share.

Yes, done with warrant coverage, but guess what? The warrants will be worth at expiration if the share price doesnt rise and Sphere goes nowhere as the shorts like to "ponder"? Zero. Nilch. Nothing they would be worth. Guess you cant have it both ways.

AND Cyrus making available $5 mil. of credit, I thought they wanted to see us bankcrupt and pick up the pieces for themselves?? Wasn't that the story line??

Hmmmm....

Pre-market up already! eom

And now we even have plenty of money available to see us through next quarters of revenue ramp up!

And a brokered deal? And Cyrus making available credit?

Ups!

Are you trying to distance yourself from the other shorts now?

Why??