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Yes, good to see that.
It was also encouraging to see that Sheldon bought 30,000 shares for his own account in late November.
Nice find Doug -
This is a great summary of Spiffy's technology -
Technological Advances
The conventional method to perceive technology is to have the best-of-breed technology; however, the focus is to deliver best-of-breed customer value by focusing on a complete end-to-end solution as opposed to only part of the solution. For instance, Overland Storage, along with Sphere3D, brings breakthrough containerized software technology that is delivered via purpose-built, drop-in-ready hyper-converged appliances for desktops and apps supplied on private, public and hybrid clouds. Moreover, incorporated with a scalable, software-defined storage infrastructure, customers could build an end-to-end solution from apps and desktops that are securely delivered to any place and on any device to data storage solutions, which are inherently protected and scalable to meet the most stringent of IT requirements. Accordingly, our capability to deliver this apps and virtualization technology makes our solution cloud-ready, mobile-ready, highly-scalable and deployable anywhere, anytime and on any device.
Apparently you have preconceived notions that will not allow you to learn about Sphere 3D and that's fine. Regardless, I will post one last piece of information.
Quote from Peter Tassiopolous (former Sphere 3D CEO and now President)-
Not all software is “Cloud Ready” and not all legacy data can move to a server. This has created a tremendous opportunity for us as organizations struggle to migrate to current technology. We are not the only solution, you could always manually re-enter the data, write new software from scratch or redesign the architecture to support multi tenancy, etc. but these alternatives can be very time consuming and expensive propositions. As for market size, let’s consider the extreme legacy opportunities for a moment, like mainframes. A small operation on a mainframe would house about 2.5 terabytes of data, but some large facilities are approaching 1000 terabytes or 1 million gigabytes! When we consider that we recently saw pricing that ranged from $200 -$2000 per MB to move data from mainframes to servers the value of this market could be staggering.
As for margins, we could offer an alternatively priced service at a fraction of that and still maintain margins that would make you blush.
A mainframe with 2.5 terabytes of data would mean an organization would have to pay $500M (using the lower price of $200/MB) to migrate this to the Cloud. We don’t see companies paying that. However, we could see some companies paying a percentage of that amount, and with extremely high margins, that could be an enormous opportunity for Sphere for many years to come.
blueblizzy,
Best to call your broker regarding your shares.
My understanding is this -
ANY Canadian shares + ANY NASDAQ shares = O/S of Sphere.
Your shares will not be sold until you decide to sell them.
You will have currency gains and losses though. If the $Canadian continues to weaken against the $U.S. you will gain.
When you sell, your broker will simply route your order through the NASDAQ.
You may want to ask your broker what happens to the naked short shares of ANY after delist.
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.
Hi Pete,
I'm thankful for that most recent "From the CEO's Desk" update. It is chock full of goodies and prompted aggressive buying on my part.
http://cellceutix.com/#sthash.CEWXWOCh.dpbs
I don’t believe that I can overstate the significance of this new class of drugs and the potential impact defensin mimetics can have for a litany of indications. Defensin mimetics are modeled after host defense proteins, the front line of defense in the innate human immune system, which means that they destroy pathogens just like the body would naturally by penetrating the pathogen’s cell wall, rather than via a biochemical approach like most classes of drugs do today. Evidence suggests that they also have a prophylactic and healing capacities. Importantly, the unique mechanism of action of defensin mimetics to kill pathogens swiftly and thoroughly virtually eliminates the likelihood of drug resistance developing.
I don't know about the short term, but feel 6.00 is a steal if looking out 3-6 months.
stockchick99,
This is an excellent merger summation written by Scott Shaffer and copied by me with his permission. See post 5627 -
Spiffy/Overland acquisition summary Part 1:
This is just our quick summary of the Spiffy/Overland acquisition. There are a lot of pieces to the puzzle and there is a much Bigger picture with this acquisition. We will be providing a much more in depth piece over the weekend.
We have been talking to funds as well as potential customers of Spiffy and they ALL were happy about this transaction, actually relieved. With Spiffy owning OVRL, they will now have their OWN sales force, tech support, engineering staff, 16,000 clients…and most important, GSA approval. (General Services Administration)
John Morelli can go back to doing what he’s best at, tinkering and building new products (not selling). He will also have engineering team by his side. Stoney Hall will now have a massive army to service all of the new clients he is landing. Customers will have a full tech support staff to hold their hand.
It is one thing to have a disruptive technology, but it is another to have a way to sell it. To get this type of global reach and partners (massive distribution) would take Spiffy a very long time. This shortcuts Spiffy’s go to market strategy AND saves them a fortune by having to hire all of these people.
How comfortable do you think a Fortune 500 Company would be trusting their entire IT department to 22 people? See why they are now relieved? Funds are relieved because they see a clear path (and bankroll) for Spiffy’s go to market strategy.
The two largest IT spenders are the U.S. Govt. and healthcare providers.
The Novarad deal gets them started with PACS (revenue has already started). We feel confident that Glassware has the ability to be THE standard for PACS. The revenue potential from licensing on devices to image retrieval (recurring) could be staggering. We also know that Spiffy’s sales whiz kid Stoney Hall was in great demand at yesterday’s radiology conference.
But what about the U.S. Government?..the LARGEST spender.
This comes under the category of “haven’t we seen this before?” (dealing with a government agency approval)
What the masses are not seeing and why we think this is a pretty Big deal.
Today if the Dept. Of Education, the largest financial institution in the world, wanted to embed Glassware, Spiffy couldn’t sell it to them because they are not GSA approved..EVEN if Overland was the sales rep. The typical time frame for GSA approval is 18-24 months.We all know how frustrating waiting for a government agency approval can be. If/when Spiffy acquires OVRL, they get GSA overnight through OVRL. Several Overland executives have security credentials that give them ability to walk into ANY government facility. Overland has next generation technology for their government customers but they can’t sell it because Spiffy isn’t GSA.
We have been told that the U.S Government, which sees EVERY possible technology in the world, said they have never seen technology like Glassware. See where this is going?
From our Latest Update in January:
The Overland partnership was VERY strategic. Back in the 80’s, Overland was a big player in the mainframe and magnetic tape industry and did a lot of U. S. Government installations. This WAS used most often for backup and archival functions for the Federal Government. With that being said, one very Big problem exists today. Up until now the only way that data can be moved to the Cloud is by manual entry.
As one can certainly see, virtualizing mainframes is a HUGE opportunity. As stated, the ONLY solution now is to manually enter data to the Cloud (time consuming and costly $200/MB to move). Consider this for a moment; there is one potential customer, (probably government) that has over 60TB of data. To manually move that data to the Cloud would run about $12B.
The “size” of the hardware to house that data (mainframes) is about the size of a house, whereas Sphere 3D’s solution is the size of a toaster. Keep in mind here, this is just ONE division of the government and one example of a legacy revenue opportunity. We envision that Overland might have a way to go back to those old Federal Government accounts with a current Cloud solution that would appear cheap compared to $12B!
Don’t think of this as Spiffy buying a hardware company, think of it as them buying a huge client list, a distribution channel, sales staff and tech support OVERNIGHT. Think of this as their entrance into the BIGGEST spender for cloud computing products. They get all of this for less than 1Xs sales and less than 10M share. Rather than getting the typical 10-20% margins, they will be getting the 50-60% margins.
There are other pieces to this puzzle like Cyrus Capital, and margins which we will elaborate on over the weekend. It is our opinion that this acquisition makes Sphere 3D the one stop shop that offers an industry first solution for cloud computing, a very POWERFUL COMBINATION. This combination eliminates the need for customers to go to both Citrix and VMWare for cloud computing solutions They can get this “industry first solution” at one place. Yes, they become a major contender overnight. Acquiring a back office, sales staff, engineering department, large Tier 1 client list, and government penetration also makes them a much more likely buyout candidate.
stockchick99,
Sphere bought OVRL and Erik Kelly has become the new CEO of Sphere.
Regarding OVRL's bottom line -
Overland Storage Reports First Quarter Fiscal 2015 Results
Marketwired Overland Storage 8 minutes ago
SAN DIEGO, CA--(Marketwired - Nov 13, 2014) - Overland Storage®, Inc. (NASDAQ: OVRL), a trusted global provider of unified data management and data protection solutions across the data lifecycle, today reported financial results for its fiscal 2015 first quarter ended September 30, 2014.
Eric Kelly, President and CEO of Overland Storage, said, "As we announced this week, the Securities and Exchange Commission has declared the Registration Statement on Form F-4/A filed by Sphere 3D Corporation regarding the proposed merger between Overland and Sphere 3D to be effective. We are asking shareholders to approve the merger, and to date, shareholders holding approximately 65% of our outstanding stock have agreed to vote their shares in favor of the merger, which is expected to close during the first week of December. Through our long-term partnership with Sphere 3D, we have been laying the groundwork to build a solid foundation for the combined company. We are excited to offer our customers a highly optimized and a comprehensive set of app and desktop virtualization solutions coupled with scalable, enterprise-class storage offerings to address these growing markets in the software-defined IT era."
Mr. Kelly further noted, "We are pleased to report that we exceeded internal revenue projections in the past quarter, and we have completed the third phase of our integration plan with Tandberg Data. The significant operational changes at Overland will result in cost-savings of 10% to 15% (or $2 million to $3 million) greater than our previously-announced target of $20 million. The final phase of the integration plan, which includes recent organizational reductions and changes to our manufacturing and supply chain operations, is expected to positively impact gross margins going forward. The Tandberg integration plan will be completed prior to the closing of the merger agreement with Sphere 3D and is expected to allow for a profitable run-rate exiting calendar year 2014, excluding one-time charges and stock compensation expense."
News On Overland Storage Inc. (OVRL) Now Under ANY
DOW JONES & COMPANY, INC. 4:08 PM ET 12/3/2014
(END) Dow Jones Newswires
12-03-141708ET
Copyright (c) 2014 Dow Jones & Company, Inc.
Orion Nebula,
The escrow shares are something I looked into awhile back. I wasn't able to find out who receives them, however, I suspect that they go to the founders of Sphere 3D.
From the Sedar filings -
Common shares issued and outstanding
Balance, December 31, 2012 and June 30, 2013 16,114,339
(I used this time period as an example because there weren't any secondary offerings or share payments for consulting, etc.)
Escrow shares released 6-27-2013 878,687
We can see from the above that the release of escrow shares on 6-27-2013 didn't raise the number of issued and outstanding shares on 6-30-2013. The escrow shares are already counted as issued and outstanding.
A portion of the escrow shares are released every June 27th and December 27th. The last of them will be released on 12-27-15.
Yes silverline, at the AGM in May, Peter T. was baffled by the short term thinking of some investors clinging to the results of the near term numbers while the mission is to disrupt a $T industry.
What we see from Sphere 3D for the 3rd quarter is not that important. What we hear for the future is very important, IMO.
There has been a lot of discussion on the board regarding Shelly and the shorts. Meanwhile, the GIANT in the room, Cyrus, has been ignored while they have been snapping up all the shares they can get their hands on (without Sphere having to issue them warrants!). IMO only, ~$4Billion Cyrus would love to buy all of Shelly's shares. However, with Shelly still buying, Cyrus probably won't have the opportunity.
Cyrus enabled the Tandberg/Ovrl merger while having their eye on the bigger prize; our Sphere 3D. Unfortunately for them, early investors had access to great DD on ANY and the share price justifiably ascended to a price point where Tandberg/OVRL had to agree to being bought out themselves at a price of less than 1 times sales in order to participate in Sphere's future.
Can ANY go another 6 months before the acquisition bidding war breaks out? I dunno!
biodoc,
The below may not be what you are looking for, but does show the significance of p21 -
Kevetrin was shown to increase levels of p21, a key protein responsible for cell cycle arrest, in the lymphocytes of mice. Cellceutix will be incorporating the p21 assay into its Investigational New Drug application scheduled to be filed with the Food and Drug Administration in approximately six weeks (May 2011). If the data are duplicated in human studies, p21 as a biomarker will be another major step forward in cancer research for Kevetrin™, which has already been shown to be a non-genotoxic drug that reactivates p53; a major development of its own.
Dr. Krishna Menon, Chief Scientific Officer for Cellceutix, commented, "There has been a big movement in oncology research to establish new biomarkers as they are an earlier measure of activity in the body's cells. p21 has been proven to play a critical role in cell cycle arrest leading to cell death. No one has been able to validate it as a biomarker, to the best of our knowledge, so this will be a major event not only for Cellceutix, but for the cancer clinical trials." Dr. Menon continued, "Increased levels of p21 are not only a predictor of cell death, but a benchmark in judging effectiveness of Kevetrin™. Our pre-clinical research on p21 has met its endpoints and we are optimistic that the upcoming human trials will yield similar results."
This is CTIX's first PR including either p53 or p21 -
http://cellceutix.com/cellceutix-makes-breakthrough-in-cancer-research-by-activating-p53-the-guardian-angel-of-the-human-genome-2/
Quote:
--------------------------------------------------------------------------------
Dr. Ashok Kumar, a consultant to Cellceutix, discovered this function while researching Kevetrin’s Method of Action (MOA). Dr. Kumar is a highly regarded Molecular Biologist who received his Ph.D. from Jawaharlal Nehru University, one of the most prestigious schools in India. He has been awarded a Japan Society of Promotion of Sciences fellowship from the Government of Japan and has been published extensively in top scientific journals in the area of Immunology and Molecular Biology. From 2001-2010 he was a faculty member in the Dept. of Immunology, Mayo Clinic, Rochester, MN. Dr. Kumar commented, “The research began with trying to understand why Kevetrin™ was so effective against certain resistant cancers that other drugs can’t treat. After a period of extensive testing, the results showed that Kevetrin activates p53 which induces the expression of p21 and acts as inhibitor of cell cycle progression. Activated p53 induces expression of PUMA and initiates apoptosis. In addition to activation of p53, Kevetrin also induces G2 / M phase of the cell cycle arrest by decreasing CDK1 and cdc25 and increasing Wee1 regulatory proteins in the cell.” Dr. Kumar continued, “Kevetrin can become the ideal drug against many cancers.”
--------------------------------------------------------
» Mechanism of action studies showed that Kevetrin strongly induced apoptosis by activation of Caspase 3 and cleavage of PARP. Kevetrin induced phosphorylation of p53 at Ser15 leading to a reduced interaction between p53 and MDM2, an ubiquitin ligase for p53 that plays a central role in p53 stability. Phosphorylation of p53 induced apoptosis by inducing the expression of PUMA. In addition, Kevetrin increased expression of p53 target genes such as p21 (Waf1), an inhibitor of cell cycle progression.
» Kevetrin also induced transcription-independent p53 mediated apoptosis. Kevetrin enhanced the phosphorylation of MDM2. Phosphorylation of MDM2 alters the E3 ligase processivity. Stable monoubiquitinated form of p53, induced by Kevetrin, accumulates in the cytoplasm and mitochondria and interacts with BAK or BAX proteins in mitochondria to induce apoptosis.
» Since Kevetrin activates both transcription-dependent and transcription-independent pathways to promote apoptosis through p53 activation, Kevetrin can function as a major inducer of apoptosis in many types of tumors independent of p53 mutation status.
--------------------------------------------
Sheldon Inwentash has huge, huge, huge skin in the game. He buys for himself as well as for Pinetree Capital Ltd.
CallMeCrazy,
This has been a popular misconception on this board for years -
Thank You, good to see no sellers.
In case anyone else is interested in contacting the SEC -
http://www.sec.gov/complaint.shtml
This note explains the transaction -
Explanation of Responses:
( 1) This transaction represents shares withheld by the issuer to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units under an award granted to the reporting person on May 13, 2014.
If the end of day nonsense (they pick a price that suits them for the close) continues, I'll keep bugging the SEC. Maybe they'll get tired of being bugged.
I filed a complaint with the SEC regarding the close on 11/14 - 11/17 - 11/20. They have a specific category titled - Suspicious end of day Trading
I'm sure the SEC has seen this activity before. I have the complaint reference number and will call them if it continues.
Their brokers make sure they have enough collateral in their account to cover their position. If ANY's share price goes higher and the shorts can't keep their position liquid, then the broker will buy to cover enough shares to make the account liquid.
Once the forced covering starts, the short squeeze has begun.
As posted on SH by Bedilgent. The shorts continue to short in an effort to hold the price down. They cannot cover or do nothing. They have to short more or get wiped out near term, IMO!!!
These short numbers are for ANY.V on the TSX.V -
User avatar Bedilgent
Post# 23146935
short position for Nov/15/2014
The shorts have increased their short position again over the last 2 weeks by 148k to 2,279,431 shares . Very dangerous in my opinion on a risk/reward basis. They showed their hand yesterday and it was easy to see. The recent move was based on buying not short covering and some digestion is only normal. Going to be interesting as the OVRL closing is the end of the month. If they are short OVRL as well then it compounds the situation even more. I really wonder what the meetings are like when this short group meet and discuss their exposure and risk in being short such a large amount along with borrowing costs and margin requirements. If ANY releases more positive news then this is going get interesting. IMO
Short Positions for ANY
Symbol
Report Date
Volume
Change
Shares Issued
% Float
V : ANY 2014-11-15 2,279,431 147,600 25,021,085 9.11
V : ANY 2014-10-31 2,131,831 44,000 24,878,805 8.57
V : ANY 2014-10-15 2,087,831 -28,336 24,878,805 8.39
Babykahn,
Jacob Securities Report from early August gave revenue estimates.
Of course, the Glassware/Dell Servers connection wasn't public at that time.
Jacob Securities 8-8-14 report had a 1 year price target of $16.
The report included these sales multiples -
Recommendation:
Share price weakness an accumulation opportunity. Sphere 3D shares have traded down recently. With recent positive data points (Q2 and FQ4 pre-announcements for Sphere 3D and Overland, respectively) and short-term catalysts ahead (Q3 q/q revenue growth expected, along with closing of the Overland merger), we advise investors accumulate shares at these levels.
In line target valuation with upside potential. Our target represents 3.1x 2015E EV/Sales, in line with data management peer average. We believe that, should Sphere 3D execute on our 2014-15 estimates, the shares would gain a premium valuation over peers in the range of 4.5x to 8.0x EV/Sales, providing runway for the shares to trade above $24.
Sales estimates -
Q4, 2014E - $25,305,000
Q1, 2015E - $27,515,000
Q2, 2015E - $29,646,000
Q3, 2015E - $32,122,000
Q4, 2015E - $34,424,000
What makes you think that google is using Glassware?
The Sphere 3D Glassware 2.0 advantage; simple, most reliable, fastest. Glassware doesn't use the outdated hypervisor technology for virtualization!
What is needed is a simple Windows application delivery method which can be dropped in allowing for existing staff and IT partners to deliver their applications with these new devices. It cannot require new training which might be assumed for an enterprise grade IT department. It cannot require a complete forklift of their existing infrastructure to deliver these services. It must simply deliver the Windows applications to the new devices such as Chromebooks in a simple way which does not require certifications or education which might hinder a deployment or create new risks associated with it.
Solution: Sphere 3D’s Glassware 2.0Sphere 3D’s Glassware 2.0 technology allows for a simplified solution to enabling any mobile device strategy to be deployed for any educational market while allowing for Windows applications to be a part of the curriculum or entire strategy. With Glassware’s management technology, an application can be easily containerized in as little as six clicks. Because it is this simple, those that administer the new devices such as Chromebooks can benefit from dropping in appliances in key locations to handle the desired applications and total solution. Glassware’s clustering technology allows for appliances of any size designed for any application workload to be utilized and managed as one complete fabric. Being able to put appliances in assigned locations while clustering overcomes network barriers and delivers the most reliable, and fast experience possible without the need for complex architectures or components.
I think twinspires post speaks volumes for why Dell felt compelled to include Glassware in their servers and for why Glassware will be adopted quickly.
twinspires, would you please write that post again so that it can be made a sticky. Time has expired on the original.
Thanks
Ah, but, twinspires wrote it!
Read about VMware here -
I realize that. It's in the DD collection. Although, a nice reminder of the hardware savings realized though Glassware adoption.
Hey buddy, how about taking one for the team and going to school for 48 hours. Peter T could probably make arrangements to fit you into the learning sessions. Now this would be extreme DD!
STD TRAINING GLASSWARE ADMIN 6DAY 48HR 2 ONSITE VISITS
Overland Storage - Model S3D-GW-INST-ST
https://www.expercom.com/search.php?q=glassware
Thanks ahagelthrope and ariadndndough -
This is a terrific endorsement of Sphere 3D!
http://dortchonit.quora.com/Sphere-3D-Virtualization-+-Cloud-Apps-Anywhere?share=1
falcon74 -
Jacob Securities 8-8-14 report had a 1 year price target of $16.
The report included these sales multiples -
Recommendation:
Share price weakness an accumulation opportunity. Sphere 3D shares have traded down recently. With recent positive data points (Q2 and FQ4 pre-announcements for Sphere 3D and Overland, respectively) and short-term catalysts ahead (Q3 q/q revenue growth expected, along with closing of the Overland merger), we advise investors accumulate shares at these levels.
In line target valuation with upside potential. Our target represents 3.1x 2015E EV/Sales, in line with data management peer average. We believe that, should Sphere 3D execute on our 2014-15 estimates, the shares would gain a premium valuation over peers in the range of 4.5x to 8.0x EV/Sales, providing runway for the shares to trade above $24.
Sales estimates -
Q4, 2014E - $25,305,000
Q1, 2015E - $27,515,000
Q2, 2015E - $29,646,000
Q3, 2015E - $32,122,000
Q4, 2015E - $34,424,000
EK expects the merger to close during the first week of Dec. -
11-13-14
Eric Kelly, President and CEO of Overland Storage, said, "As we announced this week, the Securities and Exchange Commission has declared the Registration Statement on Form F-4/A filed by Sphere 3D Corporation regarding the proposed merger between Overland and Sphere 3D to be effective. We are asking shareholders to approve the merger, and to date, shareholders holding approximately 65% of our outstanding stock have agreed to vote their shares in favor of the merger, which is expected to close during the first week of December. Through our long-term partnership with Sphere 3D, we have been laying the groundwork to build a solid foundation for the combined company. We are excited to offer our customers a highly optimized and a comprehensive set of app and desktop virtualization solutions coupled with scalable, enterprise-class storage offerings to address these growing markets in the software-defined IT era."
http://phx.corporate-ir.net/phoenix.zhtml?c=108165&p=irol-newsArticleframe&ID=1989749
Great sleuthing, thank you for posting!
Well, the bid was 9.33 for the last 2 1/2 minutes up until 15:59:59, then it dropped to 9.13 at 16:00:00 and the 100 share trade went through at 9.15.
Sure looks fishy!
Yes, 6,000 shares traded at $9.50 in the last minute and then 100 shares traded at $9.15 at 16:00:00.
Saves the shorts interest $ for Friday, Saturday and Sunday.
Good stats! Volume is way up on this rally -
Another point of interest is that there was hardly any cross border trading today. It used to be that most of the ANY trades were filled in Canada and counted also for ANY.V's total.
Today there were 13 trades of ANY.V of 2,000 shares or more.
Today there were 12 trades of ANY of 2,000 shares or more.
Only one of these trades was counted on both exchanges. It was a trade for 2,000 shares at 15:48:31.
I looked into the financials since the post you referenced. I now have a better understanding of the Company and the sell off.
The guy in the video is Michael White
http://www.smallcappower.com/investing-123/videos/expert-interview-michael-white-7-11-2014
I hope POET lands a customer soon.
GL
SI has been buying ANY. Besides what's shown in the link, there has been heavy insider buying of ANY the last 3 days. Probably SI -
https://www.canadianinsider.com/node/7
Does anybody expect big things to happen by the end of the year as was projected in the video.
DD - Updated Collection Of Recent Articles With The Most Recent Articles First:
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 [/I]
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.[/I]
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://cloudcomputingguru.tumblr.com/post/90664714312/apple-and-microsofts-cloud-puzzles-are-missing-an
Here's the part of the article pertaining to Sphere 3D -
In other words, whatever acquisition strategies that apply to Microsoft probably apply to Apple as well because they both desperately need to catch up with their major rivals in cloud computing. So, what are good acquisition targets in cloud computing for Apple to consider? Here are two choices that come to the top of my mind:
The Small: Sphere 3D (OTC Symbol: SPIHF, Toronto Stock Exchange Symbol: ANY)
If Apple does not feel comfortable spending such a huge sum in its first attempt at cloud computing acquisition, a small company called Sphere 3D might be a good target on the other side of the scale. For the past year or so, this fast-rising new star has arguably been the hottest hit in cloud computing. The company invented and owns a unique technology called “Microvisor” that was dubbed by some analysts as the most disruptive innovation in cloud computing ever! According to the company’s own website and its executives’ words in interviews by MidasLetter and Brian Madden, the company’s centerpiece product, Glassware, makes legacy desktop-based applications such as AutoCAD, Photoshop, Corel Office, medical applications, etc. cloud-ready and accessible from client devices running on any operating systems and hardware.
More amazingly, its cloud solution is said to be much more “lightweight” than its major competitors, allowing its enterprise clients to deploy legacy applications to the cloud in an almost drag-and-drop, plug-n-play way without lengthy and cumbersome setups and configurations. With such powerful technology, the company has acquired endorsements from three highly-reputed analysts groups and signed cooperation agreements and/or commercial contracts with technology powerhouses and big organizations, including Apple, Corel, VMWare, UniPrint, Dell,Novarad, Ericsson, and CCPS (for a large quantity of Google Chrome Book cloud services).
The benefits for Apple, if it were to acquire Sphere 3D, are that the nature of its Microvisor technology (any application, any platform) should make the integration of its cloud solutions with Apple’s products easy and that it is already “Apple-friendly” with its Corel Office and Surf to Go for iPad. In addition, although it is small, Sphere 3D still offers a complete product line of cloud solutions – Glassware for enterprise cloud, Surf to Go for individual consumers, a V3 solutions suite for desktop virtualization, and Overland product lines for cloud storage and data protection (assuming that its acquisition of Overland is completed as announced).
Now, how much does Apple have to offer to get a nod from Sphere 3D’s board of directors? Well, it is really hard to estimate because it is such a young company; no one even knows if its founders are willing to sell the company anytime soon. Assuming that they are, my “wild guess” for the price tag is $1-$2 billion. Would the company be worth that much for Apple? I think it probably would. Assuming that Apple can push the sales of Sphere 3D’s products to just $2 billion through its distribution channels and huge customer base and expand the annual sales of Apple’s existing products by just 3%, or about $5 billion, by adding cloud functions/capabilities to its products, Apple will reap $7 billion in incremental annual revenue from an investment of $2 billion or less!
As for Sphere 3D, even more competitors could decide to swallow Sphere 3D in a swift acquisition as its publicity and visibility are expected to increase drastically after it completes up-listing to NASDAQ
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.
It would be great if POETF can do a secondary offering. A death spiral financing would probably mean the technology is not valid.
I am only somewhat familiar with the Company and posted the video in case others have not seen it. I bought Friday morning after viewing the video and seeing how oversold the stock is.
Not good that SI has been unloading, but the guy in the video is very bullish.