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The stock is too cheap to sell right now. If the volatility is too much for you then sell the next time it's in the 7's.
Well, Glassware is being sold on purpose-built appliances -
Erik Kelly:
•In healthcare, through our partnership with Novarad, we are delivering Glassware 2.0 on purpose-built appliances for virtualization of medical imaging software, and providing our V3 hyper-converged platform for virtual desktop deployments. This approach allows customers to deploy a 100% virtual workspace versus having to manage both virtual and physical desktops — a relatively common occurrence due to limitations in virtualizing certain types of applications through conventional technologies. Both Glassware and V3 platforms come with simple user interfaces which reduce time spent on managing infrastructure, freeing up more time for delivering critical IT functions to users.
I would argue that December was OVRL's weakest sales month of the year with minimal sales from the Monday before Christmas through the end of the year.
I'd figure $6mm in revenue for OVRL in December and $3.5mm in revenue for ANY for the 4th qtr.
Well, the good news is that Sphere didn't lower their expectations for qtr 4, 2015 revenue!
As long as that is in tact we are in good shape!
Just keeping my long term focus.
Cheer up everybody!
No, Sphere paid OVRL share holders 8mm shares to buy their company.
v139, from 2/17, "we have set our goal for an annualized run rate of over US$160 million in Q4 2015".
The whole business update is below. It shares a lot of great info and is worth a reread by all of us -
Sphere 3D Provides Business Update in Open Letter to Shareholders
By Sphere3D
February 17, 2015
Press Release
SAN JOSE, CA–(Marketwired – Feb 17, 2015) – Sphere 3D Corporation (NASDAQ: ANY), a virtualization and data management solutions provider, today provided a corporate update through an open letter to shareholders.
To our Shareholders, Partners and Customers,
Last year was a transformational year for us and we closed it out with a bang! We took a giant step forward as a company through bold moves designed to provide a solid foundation from which we can launch our many fantastic new products. We closed out 2014 with strong financial results as compared to our prior results, and have started building momentum for 2015.
For fiscal Q4 2014, we expect to exceed revenue projections with a record US$9.0 million (C$10.44 million) for the quarter. As a result of our commitment to operational efficiency, we worked with Overland management, prior to the completion of our acquisition, to ensure that their targeted US$20 million in annualized operating expense reductions were not only met, but were 15% (US$3 million) ahead of expectations. Our annualized revenue run rate has grown from less than US$4 million in Q1 2014 to over US$36 million in Q4 2014, and we have set our goal for an annualized run rate of over US$160 million in Q4 2015.
The founders of the company anticipated that the evolution of technology would see people connecting to their data through an ever increasing variety of devices operating on a wide array of platforms. Today billions of cloud connected devices utilize many diverse operating systems and multiple versions of those operating systems.
The proliferation of billions of proprietary devices has led to a growing set of problems surrounding software compatibility, security, and support, as well as hardware reliance for functionality. Virtualization technology, whether local or in the cloud, was initially envisioned as the solution, however increasing complexity, lack of compatibility with today’s hardware, unmet performance expectations and cost concerns are creating multiple barriers to adoption for businesses of all sizes.
In addition, with all these new “data creators” now online, we are seeing an incredible data explosion. With data production expected to grow 44 fold between 2009 and 2020, there is enormous pressure on enterprises that are responsible for the storage, protection and management of this unstructured data. Consequently there is a significant market opportunity for us to assist organizations to address these problems and we find ourselves well positioned to do so.
We believe the investments we have made in our proprietary containerization approach to virtualization, distributed hyper-convergence, and scale out data management architectures, are disruptive forces that can challenge the status-quo in IT. Going forward, the tenets of our growth strategy encompass leveraging our 30 years of innovation to deliver leading edge technologies, accelerating adoption of those technologies through our world class distribution and partner ecosystem, and expanding our strategic partnerships to deliver new business models and services.
Evidence of this strategy can be found in some of our recent successes in helping organizations deal with real world problems. I would like to highlight just a few of these since completing the Overland acquisition on December 1, 2014:
•Earlier this month, we announced that our flagship container platform that virtualizes applications, Glassware 2.0®, was able to solve platform compatibility issues for New Caney ISD, an independent school district in Texas. New Caney is one of the largest deployments of Chromebooks in education, with over 10,000 devices used by students. They were looking for a way to deliver certain Windows-based applications, including graphically intense applications used in their labs, to student Chromebooks – quickly and affordably. Through our unique approach, we were able to deliver where others could not, and future-proofed their device investment at the same time.
•In healthcare, through our partnership with Novarad, we are delivering Glassware 2.0 on purpose-built appliances for virtualization of medical imaging software, and providing our V3 hyper-converged platform for virtual desktop deployments. This approach allows customers to deploy a 100% virtual workspace versus having to manage both virtual and physical desktops — a relatively common occurrence due to limitations in virtualizing certain types of applications through conventional technologies. Both Glassware and V3 platforms come with simple user interfaces which reduce time spent on managing infrastructure, freeing up more time for delivering critical IT functions to users.
•In the Managed Service Provider (MSP) segment we are working with Ericsson and are at various stages of proof of concept (POC) and pilot programs with some of North America’s leading telecommunication companies. In conjunction with our partners, we are offering a unique distributed hyper-converged infrastructure and associated management software that enable flexible virtual desktop deployments with unparalleled performance.
•In the financial services segment, we are helping customers redefine their end-to-end data management infrastructure and provide them multi-tier protection for their distributed enterprise environment. With the combination of our scale-up and scale-out storage portfolio, and with our RDX QuikStor removable storage solutions, customers are enjoying online and off-line data protection coupled with enhanced data mobility that is uniquely possible with Sphere 3D’s versatile data protection offerings.
With over 1.3 billion people around the world utilizing Windows operating systems, we are seeing increased interest in our Glassware containerization technology for Windows applications, and are being asked to assist organizations with everything from converting legacy 16, 32 and 64 bit applications to providing virtual applications for customers that don’t require a complete virtual desktop for their users. We recently announced that we have become a Microsoft® OEM Embedded partner which allows us to better serve our customers and provide them with a simplified Windows licensing schema.
In addition to our customer successes, we are pleased to see a renewed vigor from the Overland partner ecosystem as we begin to introduce new disruptive technologies. We recently announced an expanded relationship with Promark, an Ingram Micro company and one of the world’s largest distributors of IT. Our worldwide network of field representatives are training and supporting additional partners as we ramp up availability of our new technologies. Through this renewed commitment from our channel partners, we have been adding additional listings of Sphere 3D technologies to GSA (US General Services Administration) contracts and will continue to do so throughout the year. At the same time, we are continuing to see stronger commitment and focus from our worldwide OEM partners who continue to thrive and see their businesses grow considerably through the differentiated value proposition of our offerings in their respective markets.
It is truly exciting to see enterprise experience and start-up innovation come together under the same umbrella to usher in a new era of opportunity — opportunity for our 400+ employees, our thousands of partners in over 90 countries, our growing installed base of over 1 million units, and for our shareholders.
We have come a long way since our inception just a few short years ago and have had a very transformative 2014. We have made the transition from research and development to commercial operations, we have bolstered our execution capabilities, and we have expanded our intellectual property portfolio, both organically and through acquisition.
Finally, let me say that it is gratifying to see how our products generate excitement and create new possibilities. Our organization is driven to succeed and although there is still hard work that lies ahead, we are confident 2015 will unlock additional opportunities that will serve to benefit our shareholders, partners and customers.
Thank you for your continued support.
Sincerely,
Eric L. Kelly
CEO and Chairman
Sphere 3D Corporation
What about the naked short number left over from when ANY was duel listed in Canada?
donk, thanks for the compilation of questions. While it might seem like a good idea, come on, Sphere's not going to answer the questions you listed.
For example -
1) How do we get paid by a server providers such as DELL who incorporates GW? Recurring revenue or a one-time fee?
2) How do we get paid by a solution providers such as Novarad or Pearson that applies Glassware for its customers in its solutions? Recurring revenue or a one-time fee?
3) Regarding MSFT, how do we get paid for use of GW in Azure? Initial fee, by user, or a combination? Who is selling GW to Azure users, ANY or MSFT? What will drive revenues from GW use on Azure?
4) The goal of Sphere 3D as we understand is an annual run rate of $160M by year end. What part of this increased revenue is expected to be attributable to GW? Roughly speaking, what are your GW related sales goals in terms of percentage of total revenue in Q4?
5) How would you see the relative importance of the diverse revenue stream (Overland, GW, V3) develop over time? Which aspect of the business do you foresee to become the most important one for Sphere 3D in the future?
I'll stop with 1-5, enough already! There is zero chance these questions get answered.
My alternative view. fwiw -
Requesting an update on Glassware on a chip is a reasonable question because ANY PR'd that it was in progress.
Asking for an update on the V3 and Glassware sales training for OVRL's resellers and newly acquired partners would be a question that may get a response.
Asking for an update on the education vertical will give the Company a chance to divulge what they feel comfortable with.
A question asking for an update on Dell Drive and Erickson may lead to a response.
What's happening within the Company to drive Sphere's management to target a very bullish minimum of a $160mm run rate at the end of 2015 would be a general question worthy of a response, IMO.
I'm not criticizing, I'm just offering an alternative.
The specific questions that I've seen listed today, if asked during the CC, would blow the CC up. Sphere won't answer these questions. Nothing worse than a CC where management has to repeatedly say we can't comment on that. I've listened to CCs that have imploded.
DD - Updated Collection Of Recent Articles With The Most Recent Articles First:
http://t.co/CXZ0UrHett
Must Read - Most in-depth DD on Sphere3D
http://channel9.msdn.com/Blogs/AzurePartner/Sphere-3D-Microsoft-Bring-Windows-App-Containers-to-Azure
Sphere 3D, Microsoft Bring Windows App Containers to Azure
Sphere 3D Corporation, whose Glassware 2.0 Windows container technology for application delivery simplifies IT infrastructure, has collaborated with Microsoft to support Glassware 2.0 on Microsoft Azure. The move means organizations now have the tools to make cloud migration of Windows-based, end-user computing applications from physical infrastructure to Azure even easier and faster.
"We are committed to providing our customers with new and innovative ways to implement their cloud strategy," said Vibhor Kapoor, Director of Microsoft Azure Product Marketing. "By working closely with Sphere 3D, we are able to continue to deliver on that commitment and provide a new level of flexibility for organizations looking for scalable application delivery from the cloud."
Read Sphere 3D Corporation's press release to learn more about how Glassware 2.0 on Azure is part of a well-rounded migration strategy.
Recent twitter exchange -
Zig Jones ?@zigzagjones1
@lauradidio Hey Laura, just wondering if you ever got to do a deep dive review of Sphere3d tech? Thanks
Laura DiDio ?@lauradidio
@zigzagjones1 Yes, I did & it does everything it claims to do. Sphere3D Glassware 2.0 & V3 Appliances are all excellent.
http://itic-corp.com/analysts/
Laura DiDio, Principal, is a highly visible information technology industry analyst, consultant, a professional writer and a former reporter. DiDio has 20 years experience in the high technology industry. She has consulted with all of the major industry vendors including: Apple, Accenture, Avaya, Citrix, Dell, HP, IBM, Microsoft, Novell, Oracle, SAP and VMware.
http://m.seekingalpha.com/article/2966296-cloud-computing-wars-2015-google-microsoft-docker-sphere-3d-and-vmware?source=twitter_salphatech
http://seekingalpha.com/article/2930376-sphere-3d-has-a-large-upside?page=2&auth_param=uckhf:1aeebr6:709a9965faa16abd2c5a72ed534ca53b&dr=1
http://www.arnnet.com.au/article/565477/tape-storage-industry-bounces-back-strongly-tsc/
Very good news for Sphere 3D's recently acquired OVRL/Tandberg storage -
Demand for tape is being fuelled by unrelenting data growth, significant technological advancements, tape's highly favorable economics, the growing requirements to maintain access to data 'forever' emanating from regulatory, compliance or governance requirements, and the big data demand for large amounts of data to be analyzed and monetized in the future. The Digital Universe study suggests that the world's information is doubling every two years and much of this data is most cost-effectively stored on tape.
Press Release -
http://finance.yahoo.com/news/sphere-3d-glassware-delivers-solutions-130200572.html
Presentation mentioned in press release -
https://docs.google.com/presentation/d/13q1vG-OOKTVHH0Xj-VWgPVXkq8vNNTVnHHzzigvj72s/mobilepresent?pli=1&slide=id.g4f09ef1d6_00
https://twitter.com/Sphere3D
Recent collection of tweets. Pay particular attention to the pictures showing Sphere 3D's Glassware 2.0 having been newly added to Dell's servers!
http://dortchonit.quora.com/Sphere-3D-Virtualization-+-Cloud-Apps-Anywhere
This isn't just theory or "demoware," either. Earlier this year, for example, Google announced that Virginia's Chesterfield County Public Schools (CCPS), one of the largest school systems in the US, was buying 32,000 Dell Chromebooks, one for each of its middle and high school students. And the school system has decided to implement Sphere 3D technologies to deliver Windows applications to those Chromebook users. (My learned industry colleague Simon Bramfitt has written a great summary and analysis of how CCPS made its decisions and how Sphere 3D differs from other desktop virtualization approaches: "Chesterfield County Schools Turn to Sphere 3D for Windows on Chromebooks.")
http://www.virtualizationpractice.com/sphere-3d-launches-glassware-2-0-appliance-windows-apps-28468/
Sphere 3D Launches Glassware 2.0 — An Appliance for Windows Apps
Simon Bramfitt August 28, 2014
Aside from its being a hardware appliance, it is its inherent simplicity that is Glassware’s first key differentiator. Provided you know how to plug in a network cable and assign an IP address, you can install a Glassware appliance. If you know how to install a Windows app, then installing and publishing an application on Glassware shouldn’t present any problems. In short, with Glassware, anyone can manage their own enterprise-class application hosting environment.
http://seekingalpha.com/article/2387975-panic-selling-turns-into-panic-buying-in-sphere-3d?uprof=45&dr=1
•Glassware is able to virtualize more applications (many critical applications are very hard to virtualize), it works where other systems provide no solution (for instance, old legacy software running on mainframes)
•The simplicity of the virtualization of applications, any Windows app can be virtualized with six clicks
•It's considerably more resource efficient, opening up the market for small and medium enterprise
http://www.gztandberg.cn/en/
The China manufacturing plant Sphere 3D acquires in the Overland merger.
http://en.community.dell.com/dell-blogs/direct2dell/b/direct2dell/archive/2014/08/04/drive-lets-customers-test-emr-without-disrupting-clinical-environment.aspx
The center also houses the support team for the DRIVE solution. DRIVE stands for Dell, Red Hat, Intel, VMware and Epic, the alliance of tech companies that began the collaboration to bring an open-source, Linux-based version of Epic to market that was affordable for smaller hospitals and clinics. Dell strengthened the alliance with the addition of Sphere3D, Agfa, Symantec and Hyland OnBase, creating the DRIVE Plus solution.
http://seekingalpha.com/article/2326065-citrix-killer-sphere-3ds-debut-on-nasdaq-merger-with-overland-purchase-of-v3-systems
The reason why I think Sphere 3D is a serious contender is as a result of several acquisitions the company has made in the last year, combining Sphere's Glassware 2.0 virtualization platform - by all accounts, a revolutionary approach to virtualization - with V3 Systems' Virtual Desktop products and Overland Storage's global data management and storage business.
The target is the $100 billion Virtualization/Storage space, and early indications suggest that Sphere 3D's Glassware 2.0 is already displacing the incumbents in enterprise-scale applications.
http://www.midasletter.com/midas-letter-financial-radio-podcast/sphere-3d-corp-vs-vmware-citrix-systems-microsoft/
Damian Wojcichowsky: I don’t think we’re talking about the same market per se at first. VMware and Sphere 3D right now are actually partners. So where VMware has a customer that requires the kind of functionality that Glassware 2.0 brings via Sphere 3D, they can partner there, so they can embed Glassware into the sale, and kick back a royalty or a license fee to Sphere 3D. I don’t see them competing for the same kind of customers. I think what you see is a lot smaller size of enterprise that you get Overland-Sphere approaching, versus the big enterprise deal that you see EMC-VMware do. So at first its not going to be that difficult. I think five years down the road you’re looking at more of a head-to head competition situation happening.
Shorter term though, you’re going to have a bunch of catalysts coming.
http://www.techzone360.com/topics/techzone/articles/2014/07/02/382802-want-slice-sphere3d-look-the-nasdaq-global-market.htm
Sphere3D has two key product offerings behind it: GLASSWARE 2.0 and the V3 Desktop Cloud Computing System. With GLASSWARE 2.0, users get access to the complete lineup of digital content found on most any desktop from most any Web-enabled device. This may not sound like much until the fullest implications of the idea are considered, as GLASSWARE 2.0 allows access to not only the full range of productivity software systems, but also to things like computer aided design (CAD) systems, proprietary systems, and even social media sites. Plus, at last report, all of the sites will both look and function the same way on mobile devices that said sites would on the desktop thanks to GLASSWARE 2.0.
http://www.virtualizationpractice.com/chesterfield-county-schools-turn-sphere-3d-windows-chromebooks-27278/
Chesterfield County Schools Turn to Sphere 3D for Windows on Chromebooks.
Taking on the complexity of managing a large Citrix XenApp environment was not something that CCPS wanted to have to address. At the same time, it wanted to ensure that any hosted Windows applications could be easily integrated into its own application portal. To overcome the challenges, CCPS has partnered with Mississauga, Ontario–based Sphere 3D, developers of Glassware 2.0, to provide Windows application hosting services. Sphere 3D provides Glassware 2.0 as an appliance-based hosting platform for installation either within a customer’s data center or as a cloud hosting solution offered by service providers. Sphere 3D company V3 Systems was one of the pioneers of high-performance VDI appliances, so it is to be expected that it knows how to make this approach work.
http://www.midasletter.com/2014/06/sphere-3d-overland-storage-merger-sets-emc-corporation-vmware-repetition/
There is little doubt that much of the velocity in Sphere 3D’s share price is driven by technology speculators who perceive the opportunity inherent in the timing of companies, managment and products converging within the Sphere 3D universe. My bet is that the combination of these elements under Sphere 3D’s managment will result in an exponential compounding of shareholder value quarter-on-quarter once the intergrations are complete and Overland Storage’s sales force is unleashed on its client base with the new offerings.
http://www.midasletter.com/midas-letter-financial-radio-podcast/sphere-3d-corp-tsx-vany-peter-tassiopoulos-podcast/
Peter Tassiopoulos: Absolutely. The transaction quickly transitions Sphere into a global enterprise. We will actually have operations in the U.S., Norway, Germany, Singapore, and Asia. In addition, we’ll have direct access to 17,000 resellers in 60 countries, and infrastructure that’s been built over thirty years to support them. As for the synergies, there’s quite a few.. it’s actually too numerous to go through all of them. But just a couple of highlights; you know Overland has providing storage for over thirty years as I mentioned, and because of this they’ve got a really large installed base. Actually over a million units have been deployed. Many of these are customers that run complex enterprise apps, and that’s specifically what Glassware is designed for. Now one of the largest purchasers of IT as well is the U.S. government, and Overland has a number of GSA’s [Government Service Agencies –ed] in place with them so that’s direct access into the government which we otherwise wouldn’t have.
http://www.brianmadden.com/blogs/bglive/archive/2014/06/10/brianmadden-com-podcast-with-sphere3d-at-9-30pst-today-what-do-they-do-join-us-live.aspx
BrianMadden.com Podcast #57 (Special Edition): Sphere3D talks about their microvisor-like app virtualization solution.
"We have more demand than we can handle" …."We're winning these deals"…"chaos of success"…"we are having demand on all sides for all products"….quotes from Peter Bookman
http://www.forbes.com/sites/cherylsnappconner/2014/05/16/cloud-and-virtualization-a-magic-combination-for-entrepreneurs/?utm_source=followingimmediate&utm_medium=email&utm_campaign=20140516
“The future of cloud is in taking the concept of virtualization beyond the backing up of data or the incorporation of additional systems,” says Peter Bookman, founder of virtualization company V3, recently acquired by Sphere3D. (Disclosure: Peter Bookman is a friend and was a client in 2010 and 2011; however we have no current business relationship.) “In our product lines we bring virtual desktops, virtual applications, and data together in a single solution to let companies of any size use virtual resources to manage their physical desktops, rich applications, and business information.”
http://www.auntminnie.com/index.aspx?sec=sup_n&sub=pac&pag=dis&ItemID=107377
Utilizing virtual application and desktop technology from Sphere 3D, NovaGlass delivers Novarad's Marz vendor-neutral archive software on a variety of computing devices, including PCs, Macs, iPads, laptop computers, Android tablets, and Google Chromebooks.
The new platform will give users access to several new features and ways of deploying images that were previously unavailable, Novarad said.
http://www.virtualizationpractice.com/happy-birthday-citrix-now-get-back-work-26248/
One possible opportunity here lies with Toronto-based Sphere 3D and Glassware. I had the opportunity for a brief look at Glassware last week, and I hope to be able to return for a more detailed assessment in the near future. In many respects, Glassware is to XenApp as VDI in a Box is to XenDesktop: a fresh approach to virtual applications, built from the ground up with an emphasis on the hypervisor as a means of achieving virtualization, rather than as a platform on which to run multiple operating system instances.
Glassware’s promise is not just that it is a legacy-free interpretation of conventional terminal services technology, but that it can take this approach to deliver more than just Windows applications. Demonstrating seamless delivery of Windows x86 applications alongside Android and Fortran apps on iPad is going to take more than one brief introduction to come to grips with. Nevertheless, if execution is as effective as the promise, this could be a technology to keep a close eye on.
http://seekingalpha.com/article/2142003-sphere-3d-a-disruptive-cloud-technology-player
Sphere 3D Corporation (TSX: ANY.V) (OTCQX: OTCQX:SPIHF) is a unique virtualization technology solution provider that has described itself as a company that "solves the problems that previously were considered unsolvable". What problems are there in virtualization? Plenty! Sphere 3D allows most devices, independent of their size, resources or operating system, to access the full functionality of software programs and applications off from servers either in the cloud or on premise, absolutely independent of their operating system! A short video on Youtube presents Sphere 3d's solutions in a graphical way.
In fact, its Glassware 2.0(TM) technology makes it possible for today's devices to access yesterday's software; for today's software to run on tomorrow's devices all over the cloud, without sacrificing performance or security. The company has built their proprietary Glassware 2.0 platform from the ground up and specifically designed it to achieve application virtualization in the most demanding of circumstances. It can be deployed alone for application virtualization or utilized in conjunction with third party hypervisor-based virtualization deployments, for true end-to-end virtualization of physical infrastructure. For additional information visit sphere3d.com and have a look to the presentation made by Peter Tassiopoulos during the CANTECH Investment Conference held in Toronto last January.
I found the hit piece comforting as well. I expected even more BS.
In the comments, the author states that Novarad is not a customer. How much more blatant can the BS get?
My comment to the article -
This article is loooong on history and short on vision.
It was good to see that MSFT Azure has vision -
Microsoft Azure Partner Blog
Sphere 3D, Microsoft Bring Windows App Containers to Azure
Posted: 2 days ago
By: joshuawb
Sphere 3D Corporation, whose Glassware 2.0 Windows container technology for application delivery simplifies IT infrastructure, has collaborated with Microsoft to support Glassware 2.0 on Microsoft Azure. The move means organizations now have the tools to make cloud migration of Windows-based, end-user computing applications from physical infrastructure to Azure even easier and faster.
"We are committed to providing our customers with new and innovative ways to implement their cloud strategy," said Vibhor Kapoor, Director of Microsoft Azure Product Marketing. "By working closely with Sphere 3D, we are able to continue to deliver on that commitment and provide a new level of flexibility for organizations looking for scalable application delivery from the cloud."
Read Sphere 3D Corporation's press release? to learn more about how Glassware 2.0 on Azure is part of a well-rounded migration strategy.
Hmmmm -
"simplifies IT infrastructure"
"organizations NOW have the tools"
"easier and faster"
"by working closely with Sphere 3D"
"new level of flexibility"
"scalable application delivery"
Enjoy the poison Kool-Aid shorty!!!
This was posted on the Microsoft Azure Partner Blog two days ago -
Sphere 3D, Microsoft Bring Windows App Containers to Azure
Sphere 3D Corporation, whose Glassware 2.0 Windows container technology for application delivery simplifies IT infrastructure, has collaborated with Microsoft to support Glassware 2.0 on Microsoft Azure. The move means organizations now have the tools to make cloud migration of Windows-based, end-user computing applications from physical infrastructure to Azure even easier and faster.
"We are committed to providing our customers with new and innovative ways to implement their cloud strategy," said Vibhor Kapoor, Director of Microsoft Azure Product Marketing. "By working closely with Sphere 3D, we are able to continue to deliver on that commitment and provide a new level of flexibility for organizations looking for scalable application delivery from the cloud."
Read Sphere 3D Corporation's press release? to learn more about how Glassware 2.0 on Azure is part of a well-rounded migration strategy.
channel9.msdn.com/Blogs/AzurePartner/Sphere-3D-Microsoft-Bring-Windows-App-Containers-to-Azure
Sphere 3D's press release -
Sphere 3D and Microsoft to Deliver Glassware 2.0 Windows Application Containers on Microsoft Azure
http://sphere3d.com/sphere-3d-and-microsoft-to-deliver-glassware-2-0-windows-application-containers-on-microsoft-azure/
Huge news yesterday from Microsoft -
Sphere 3D, Microsoft Bring Windows App Containers to Azure
Sphere 3D Corporation, whose Glassware 2.0 Windows container technology for application delivery simplifies IT infrastructure, has collaborated with Microsoft to support Glassware 2.0 on Microsoft Azure. The move means organizations now have the tools to make cloud migration of Windows-based, end-user computing applications from physical infrastructure to Azure even easier and faster.
"We are committed to providing our customers with new and innovative ways to implement their cloud strategy," said Vibhor Kapoor, Director of Microsoft Azure Product Marketing. "By working closely with Sphere 3D, we are able to continue to deliver on that commitment and provide a new level of flexibility for organizations looking for scalable application delivery from the cloud."
Read Sphere 3D Corporation's press release? to learn more about how Glassware 2.0 on Azure is part of a well-rounded migration strategy.
http://channel9.msdn.com/Blogs/AzurePartner/Sphere-3D-Microsoft-Bring-Windows-App-Containers-to-Azure
Sphere 3D's press release -
Sphere 3D and Microsoft to Deliver Glassware 2.0 Windows Application Containers on Microsoft Azure
http://sphere3d.com/sphere-3d-and-microsoft-to-deliver-glassware-2-0-windows-application-containers-on-microsoft-azure/
My position is that I can wait for the OVRL, Promark, Atos, Dell, Novarad, MSFT Azure, and other future resellers to ramp up Sphere's revenues without too much pain.
On the other hand, it must be very painful for the shorts to pay ~30% interest on the value of their shorted shares while they wait. There's also the ever present danger that Sphere will receive a buy out offer.
Canadian exchanges that traded Sphere 3D -
JB3729 Member Level Tuesday, 12/09/14 12:32:38 PM
Re: westeffer post# 14260
Post # of 20863
Yes, and we're not leaving just the TSXV. In Canada, ANY trades on -
CDN Consolidated 70.19 k 12/09/2014 11:59 AM
TSXV 56.19 k 12/09/2014 11:59 AM
Alpha 1,300 12/09/2014 11:51 AM
TMX Select 1,900 12/09/2014 11:17 AM
Chi-X 2,800 12/09/2014 11:51 AM
Omega 0.00 12/05/2014 10:58 AM
Pure 0.00 12/08/2014 11:30 AM
TriAct 5,900 12/09/2014 11:17 AM
CX2 2,100 12/09/2014 11:17 AM
All times are in ET.
Most of the volume is on the CDN Consolidated
Looks like a regulators nightmare to me!
web.tmxmoney.com/quote.php?qm_symbol=any
Sphere changed it's name and cusip number in order to force covering of any naked shorts and be in a position to know the total number of legal short shares. The NASDAQ has not been able to provide an accurate number of shorted shares.
Cleaning up the TSX.V mess is very important to Sphere and to us share holders.
Also, in reply to earlier posts, the short situation is a very important and relevant topic for discussion on this board.
Qtr 1, 2015 will be reported around the middle of May, not August.
On March 30th, Sphere may give preliminary revenue numbers for qtr 1 and a forecast for qtr 2 revenue. These numbers, if given, will be very important.
In addition, the 2014 annual report and the March 30th conference call should give us a better understanding of Sphere's business plans.
Yes, a lot of praise -
Regarding telcos and others, Sphere now has the storage component to go along with the "tool".
struftpete1, speaking of MSFT, here's a blast from the past. Talk about vision on Peter's part.
(I mistakenly wrote Steve when I meant Peter)
JB3729 Member Level Friday, 10/04/13 10:35:33 AM
Re: timorr post# 271
Post # of 20828
Speaking of Microsoft -
I asked Steve, Sphere's CEO, if a partnership with Microsoft was possible in the future. He said - possible?, yes, they have Windows Azure: Microsoft's Cloud Platform | Cloud Hosting. Azure would benefit from Glassware.
I also asked Steve for any info he could provide regarding the cell phone operators. Seems that the telcos have divisions that sell solutions to business segments, such as healthcare. There is a tremendous amount of data that moves through the telcos networks and they want to host that data. Do something similar to Amazon.
How sweet would it be if Glassware becomes the "tool" for customers accessing the telcos cloud operations?
Yes, this from MSFT made my day. Bring on the revenue!!!
Sphere 3D Corporation, whose Glassware 2.0 Windows container technology for application delivery simplifies IT infrastructure, has collaborated with Microsoft to support Glassware 2.0 on Microsoft Azure. The move means organizations now have the tools to make cloud migration of Windows-based, end-user computing applications from physical infrastructure to Azure even easier and faster.
Maybe, maybe not -
Subtle differences in wording from Sphere 3D and MSFT -
From ANY in black - From MSFT in red -
Sphere 3D and Microsoft to Deliver Glassware 2.0 Windows Application Containers on Microsoft Azure
Sphere 3D, Microsoft Bring Windows App Containers to Azure
Initially Targeted to Education Customers, the Collaboration Aims to Enable Desktop Application Workloads to Move to the Cloud, and Provides Expanded Options for Organizations Looking to Move Their Local Workloads to the Data Center
Sphere 3D Corporation, whose Glassware 2.0 Windows container technology for application delivery simplifies IT infrastructure, has collaborated with Microsoft to support Glassware 2.0 on Microsoft Azure. The move means organizations now have the tools to make cloud migration of Windows-based, end-user computing applications from physical infrastructure to Azure even easier and faster.
It appears to me that Sphere was referencing the future ahead of MSFT's announcement that the future is NOW!!!
http://sphere3d.com/sphere-3d-and-microsoft-to-deliver-glassware-2-0-windows-application-containers-on-microsoft-azure/
http://channel9.msdn.com/Blogs/AzurePartner/Sphere-3D-Microsoft-Bring-Windows-App-Containers-to-Azure
No, what SE and I are thinking is that more legit shares will be shorted while the naked shares are covered. That is if there are naked short shares out there.
I think this weeks price action hinges on how many shares are naked short and how many new legal short shares can be borrowed while covering the naked ones.
Some of the recent buyers may be institutions and they may be willing to loan shares in order to keep the price down while they accumulate.
It looks like the new number is #CA84841L1004.
Sphere 3D (ANY) came out with the news below at today's close. ANY was duel listed on the TSX.V and NASDAQ until recently. NASDAQ only now, but, there could be a large number of naked short shares out there from the TSX.V days that will have to be covered.
Sphere 3D Will Begin Trading on New CUSIP Number Tuesday, March 24, 2015
MARKET WIRE 3:00 PM ET 3/23/2015
Symbol Last Price Change
ANY 4.92up +0.36 (+7.89%)
QUOTES AS OF 04:00:00 PM ET 03/23/2015
SAN JOSE, CA -- (Marketwired) -- 03/23/15 -- Sphere 3D Corporation(ANY) , a virtualization and data management solutions provider, today announced that its common stock will begin trading on a new CUSIP number on the NASDAQ Global Market tomorrow, March 24, 2015. In addition, the Company will change its name from Sphere 3D Corporation(ANY) to Sphere 3D Corp.(ANY) upon completion of a short-form amalgamation with a wholly owned subsidiary.
Sphere 3D (ANY) came out with this news at today's close. ANY was duel listed on the TSX.V and NASDAQ until recently. NASDAQ only now, but, there could be a large number of naked short shares out there from the TSX.V days that will have to be covered.
Sphere 3D Will Begin Trading on New CUSIP Number Tuesday, March 24, 2015
MARKET WIRE 3:00 PM ET 3/23/2015
Symbol Last Price Change
ANY 4.92up +0.36 (+7.89%)
QUOTES AS OF 04:00:00 PM ET 03/23/2015
SAN JOSE, CA -- (Marketwired) -- 03/23/15 -- Sphere 3D Corporation(ANY) , a virtualization and data management solutions provider, today announced that its common stock will begin trading on a new CUSIP number on the NASDAQ Global Market tomorrow, March 24, 2015. In addition, the Company will change its name from Sphere 3D Corporation(ANY) to Sphere 3D Corp.(ANY) upon completion of a short-form amalgamation with a wholly owned subsidiary.
There was a lot of speculation about the naked short numbers, but they were never revealed.
I'm happy that I bought more on Friday and today.
This may not be a very good example of what a company name change can do for a manipulated stock, but it's the only one I have been involved with -
AMBS closed at .0189 on 12/3/12
Then the announcement below.
AMBS topped out at .1950 on 1/2/13
Company News
Amarantus Completes Name Change and CUSIP Change
SUNNYVALE, Calif., Dec. 3, 2012 /PRNewswire/ -- Amarantus Bioscience, Inc. (OTCQB: AMBS), a biotechnology company developing new treatments and diagnostics for Parkinson's disease and Traumatic Brain Injury centered on its proprietary anti-apoptosis therapeutic protein MANF, today announced that it has completed a name change from Amarantus Biosciences, Inc. to Amarantus Bioscience, Inc. In conjunction with this announcement, the Company has received a new Committee on Uniform Securities Identification Procedures (CUSIP) number of 02300T109. The Company's International Securities Identification Number has also changed to US02300T1097. These changes are part of an ongoing effort to improve the regularity of trading in the Company's common stock. These changes will have no impact on the marketability of the Company's securities, or the ability to trade the common stock through brokerage firms.
The Company believes that its fundamentals remain strong and is looking forward to continuing to update the marketplace regarding developments on an ongoing basis. The Company has not entered into any financing transactions that would cause shareholder dilution since the Company's 10Q was reported on November 19th, 2012. The Company has not sold any shares into the marketplace. None of the officers or directors of the Company have sold any shares into the marketplace. The officers and directors of the corporation continue to believe in the Company and its fundamentals.
Sphere 3D Will Begin Trading on New CUSIP Number Tuesday, March 24, 2015
MARKET WIRE 3:00 PM ET 3/23/2015
Symbol Last Price Change
ANY 4.92up +0.36 (+7.89%)
QUOTES AS OF 04:00:00 PM ET 03/23/2015
SAN JOSE, CA -- (Marketwired) -- 03/23/15 -- Sphere 3D Corporation(ANY) , a virtualization and data management solutions provider, today announced that its common stock will begin trading on a new CUSIP number on the NASDAQ Global Market tomorrow, March 24, 2015. In addition, the Company will change its name from Sphere 3D Corporation(ANY) to Sphere 3D Corp.(ANY) upon completion of a short-form amalgamation with a wholly owned subsidiary.
Glassware 2.0 on a Dell server -
desarcmo. you stated this -
The broker was probably referring to Sheldon I. Before he was booted from Pinetree he was considered an insider.
PINETREE CAPITAL LTD. filed this Form SC 13G/A on 02/13/2015
As of the date of the Statement on Schedule 13G filed on December 8, 2014 by PIP, PCIC, Emerald, Pinetree and Sheldon Inwentash (“Inwentash”) (the “Schedule 13G”), Inwentash was deemed to beneficially own an aggregate of 4,503,035 Common Shares of the Issuer. This amount included, by virtue of Inwentash’s position as Chief Executive Officer of Pinetree, the Common Shares of the Issuer then held by PIP and 1,351,371 Common Shares of the Issuer that Inwentash owned directly (the “Inwentash Shares”). The Inwentash Shares consisted of 1,275,121 Common Shares and 76,250 Common Shares issuable upon the exercise of warrants held by Inwentash. Effective January 27, 2015, Inwentash resigned from his position as Chief Executive Officer of Pinetree and ceased to have trading authority with regard to the PIP Shares. By virtue of these actions, Inwentash no longer may be deemed to have shared power to vote, or to dispose or direct the disposition of, the PIP Shares. As of the date of this filing, Inwentash continues to hold independently and has sole power to direct the vote, and to dispose or direct the disposition of, the Inwentash Shares. As such, Inwentash is filing a separate amendment to the Schedule 13G in respect of his own beneficial ownership of Common Shares of the Issuer.
INWENTASH SHELDON filed this Form SC 13G/A on 03/02/2015
As of the date of this filing, Inwentash is deemed to beneficially own an aggregate of 1,051,873 Common Shares of the Issuer. This amount includes 1,051,873 Common Shares of the Issuer that Inwentash owns directly (the “Inwentash Shares”). The Inwentash Shares consist of 975,623 Common Shares and 76,250 Common Shares issuable upon the exercise of warrants held by Inwentash. Inwentash has sole power to direct the vote and to direct the disposition of the Inwentash Shares.
Between 12-8-14 and 3-2-15 Sheldon sold 299,498 shares of ANY that he owned directly. This is old news and has been reported in filings. Sheldon leveraged the Pinetree fund to the hilt. That's how he lost control of it. It wouldn't surprise me if he leveraged his own holdings as well. Sheldon may have been forced to liquidate the shares of ANY that he sold.
Thanks again,
March 30th could be big for us longs. How quickly revenue ramps is the big unknown. However, my belief, based on ANY's revenue target for 4th qtr 2015, is that ANY's share price will at least triple by April, 2016.
Thank You for that. I may raise my bids if we stabilize around this level.
Agree,
It's also possible that PIP has been selling and that SI has leveraged his personal holdings to the same degree as PIP and has margin calls. Who knows?
All we know is that this selling will end at some point.
I am out of cash, but put in margin buy orders in the 4.50s. I will have to sell something else if I get filled and the price continues to drop.
I would like to see Sphere give the preliminary qtr 1, 2015 revenue number during the conference call on March 30th.
This number, if given, may lite a fire!!!
Yes, very revealing, especially when coupled with the headline of the March 9th PR -
Sphere 3D and Microsoft to Deliver Glassware 2.0 Windows Application Containers on Microsoft Azure
I don't recall PT saying that -
As of 9-30-14, before the merger, Sphere had 23,643,480 O/S.
Latest figures -
34,335,102 shares outstanding as of 2-6-15. Includes escrow shares, warrants, shares to be issued for convertible debt.
3,345,000 stock options as of 9-30-2014.
Yes, it's also noteworthy that the escrow shares have always been included in the O/S shares. The last of the escrow shares will be issued in December.
It's noteworthy that the filings include warrants and shares issuable upon conversion in the total shares already held by Inwentash, Pinetree Cap (PIP), and Cyrus.
If I'm reading this right, it means that we won't see an increase in the outstanding shares when warrants are exercised and when debt is converted into shares.
As of the date of this filing, Inwentash is deemed to beneficially own an aggregate of 1,051,873 Common Shares of the Issuer. This amount includes 1,051,873 Common Shares of the Issuer that Inwentash owns directly (the “Inwentash Shares”). The Inwentash Shares consist of 975,623 Common Shares and 76,250 Common Shares issuable upon the exercise of warrants held by Inwentash. Inwentash has sole power to direct the vote and to direct the disposition of the Inwentash Shares.
http://investors.sphere3d.com/phoenix.zhtml?c=108165&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwMTEzMjk0JkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3
As of the date of this filing, PIP beneficially owns an aggregate of 2,835,868 Common Shares of the Issuer (the “PIP Shares”), including 2,533,368 Common Shares and 302,500 Common Shares issuable upon the exercise of warrants held by PIP.
http://investors.sphere3d.com/phoenix.zhtml?c=108165&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwMDY2MTcxJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3
Cyrus Capital Partners, L.P.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,502,762 (1)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 22.6% (1)
(1) Includes (i) 1,333,333 Common Shares issuable upon conversion of US$10,000,000 in principal amount of the New Debenture (as defined herein) at a Conversion Price (as defined herein) of US$7.50 per share, (ii) 135,975 Common Shares issuable upon exercise of the Warrants (as defined herein), and (iii) 1,117,647 Common Shares issuable upon conversion of US$9,500,000 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share.
http://investors.sphere3d.com/phoenix.zhtml?c=108165&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTk5NDc3NDMmRFNFUT0wJlNFUT0wJlNRREVTQz1TRUNUSU9OX0VOVElSRSZzdWJzaWQ9NTc%3d