Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I have a reason. ANY hasn't filed for bankruptcy protection.
Yet.
Perfectly legit? Please explain to the board by what you mean, and how it might apply to Sphere 3D from 2013 onwards. Thanks
Yes, we can't forget the newsletter. It always amazed me how it was always ahead of the curve, and able to see new market opportunities that no one else in the tech industry identified or understood. You might think he created these opportunities out of thin air, or at least pulled them out of his xxx. Perhaps he and his "creative" partner came up with the ideas over a glass of ouzo.
I guess it's lucky for Overland that Eric Kelly is one of the tech industry's most talented and capable execs. And ably supported by high growth expert Peter Tassiopoulos.
I can only imagine how bad the company performance would be with less capable executives in charge.
Or in rinse and repeat, pump and dump scheme led by grossly incompetent management and stock promotion shysters.
He's never wrong
Back in Feb 2014, Sphere 3D Founder and CEO Peter Tassiopoulos gave investors some valuable advice, but I believe that many failed to pay attention. At the Cantech Investor Conference in Toronto, Peter said "we are tired of development, now is the time to sell, sell, sell".
I always assumed he meant sell the Glassware product. But after 3 1/2 years without meaningful Glassware sales, perhaps I was wrong. After all, at the time of his statement at Cantech, ANY was trading at approximately $7. And now about a dime.
How much would you have made if you sold then, or even shorted the stock? We should ask Hugo. Wonder how many shares insiders sold during that period?
I wonder if Shelly has figured it out yet.
Some Companies Aren't Money
Its all too funny,.....except for those poor naive people that lost millions so Sphere execs could pay themselves millions and millions in salary, bonus, performance spiffs and freebie stock options.
Does anyone have the SEC telephone number?
Does ANY hit a dime today?
I wonder if Peter Tassiopoulos or Eric Kelly will host any private investor calls like they did last year to reassure investors that Glassware is real and that the company has many large POCs in process, and that revenue is just around the corner?
PS Microfocus, a company that really does migrate mainframe apps and data to the cloud had revenue of US$1.25 Billion in 2016.
Wonder if Sphere management can explain the difference in company sales performance?
Well, the good news is that investors can cost average and their shares look great.:)
Well, the good news is that senior execs leave the cash burn should get lower.
But hey, why would you leave a company with the hottest tech in the industry?
Well, the good news is that senior execs leave the cash burn should get lower.
But hey, why would you leave a company with the hottest tech in the industry?
Why would any sane person take investment advice from a Monkey Man? Why would any investor take advice from a stock promoter with a track record of 100% abysmal failure?
The SEC offers a full description and warning on their web site for this type of charlatan. It is there for a reason.
So is Stoney Hall. Wonder why all these company leaders are leaving the hottest tech company in the industry/
Another 10 million shares for driving the company into the ground???? WTF? They just keep writing cheques to themselves cashed on the account of retail investors.
I can see it now. The next start up that these guys promote, it will say this in their biography: "Grew the share price of ANY 15x in less than 3 months"
I agree with you. Sphere, Overland and Glassware are irrelevant. Hence 18 cents
I simply don't. I have no idea what their motivations are or what they have in the way of free warrants, or if they have tried to unload or could not. Could be a host of reasons.
All I know is what I know and that has been consistent since day one: Glassware is a work of fiction and hype, there are no clients, the management team either cannot execute or has misled investors, and Overland is a failing storage business that has lost money every quarter since Eric Kelly took over the helm.
These are facts, not conjecture. And they are the facts that explain the slide from $11 to under 20 cents.
Perhaps you can answer a question for me? What makes you think that ANY has hope for a recovery, other than just that: HOPE.
May I suggest something; look at the history of Overland, because quite simply that is all that this company is today,.
Glassware was a product of 100% pure hype. Want proof? Ask the execs how all those POCs are proceeding. Remember the "chaos of success" they openly bragged about. Remember all the BIG partner action? Ok, its mod 2017. Where is the revenue from ALL of this activity? Can the company name a single client the uses Glassware today?
So, what remains is removable disk and low end storage and tape. Guess what, there is little company called Amazon that is killing legacy storage companies like EMC and NetApp. These two firms do more business in a day than Sphere does in a year. They have advanced solutions Sphere could only dream of being able to sell.
The Overland business has not made a profit in something like nine years now. If you think that is a good value proposition then I suggest you mortgage the house and go all in.
Yes, I was joking. I have said since early 2014 that Glassware is a dog that won't hunt.
My advice to ANY investors: put a mortgage on your house, cash out all your other investments and put it all on ANY.
After all, this is a sure fire winner that will soon be at $16/60/600! Disruptive game changing technology that ALL the big boys will want. Great management team too
How can it miss?
Thats true about Glassware. It will really disrupt your financial health and retirement plans
Assets? Glassware alone could be worth billions.
Damn, I crack myself up at times.
How many more days like this till it hits $16/60/600 ???
Stealth mode.....damn, I forgot that line. What a beauty!
I think that phrase was originally used in the film The Great Train Robbery.
Yep, the Datrium alliance will generate huge revenue.....just the way other partners such as Dell, Corel, Google, Microsoft, Atos, Ericsson, VMware and of course, the wonder of the healthcare market Novarad.
The revenue is going to come roaring in any time soon.
Bruce! You're alive!! Welcome back. So, I guess there is still hope for $16....$60....$600
Yep, if investors hang in there long enough I'm sure the pieces will come together and this dog will start barking.
A Plundering Primate perhaps? A Slippery Greek perhaps? Maybe the Ben Carson of IT?
Who am I to say? Certainly not an expert like our friend Throttlebug
Sorry, but I must disagree.
It's 18 cents and headed nowhere. But down
Thank you for the morning chuckle. This is hilarious. You are now going to prove that Glassware exists. Ok, good for you. Yes, Glassware exists. So does Bigfoot. We have all seen the picture of Bigfoot in the woods. Thus, it must real.
Re your point on Glassware. Yes it exists. I have never said it didn't. I have simply identified the BS and provided specifics and questioned the technical claims. I been consistent since Day 1 why I believe it has zero or near zero market value. What was the share price and revenue when this discussion started, and what is it today?
If you think you can prove it is real and has value, good for you. The market has said other wise. I'm sure by now all those massive POC's have come to fruition. The company claimed to have sold almost $9 million in 2014. Where are those customers? Where are the references? $16....$60....$600 anyone?
Lets consider a few key points.
1/ Sphere claimed the software was a/ "built from the ground up" and b/ "was proprietary" and "c/ patented technology" and d/"delivered tensor thousands of users per server" and e/ "used a proprietary network protocol" and then later "that the protocol was a modified version of Microsoft RDP f/ could virtualize all Windows apps, Apple iOS and OSX, mainframe, AIX, Linux and Android and g/ eliminated a layer of code that hypervisor based systems required h/ was more secure than any other system i/ provided an Agnostic Development Platform and j/ claimed Glassware and DCO were embedded in VMware Horizon
2/ None of the aforementioned was or is true (happy to go into deep detail on each of these points)
3/ Glassware is an application that requires Microsoft Windows Server to operate. An application. Sphere hid this key piece of information in all of its marketing materials and presentations through 2013-14. It only announced this technical information when it signed an OEM agreement to resell Microsoft Windows Server. Even then, Sphere promoters pitched the idea that Microsoft was reselling Glassware. This lead to a big bump in the share price.
So, yes, Glassware exists. As does Bigfoot.
A little birdie told me the company made him whole. Something about keeping the little birdie from singing too loudly.
Is that your personal way of saying "you were right, and I was wrong".
If it is I accept your apology.
PS Any person with half an ounce of common sense could have seen this for what it is three years ago.
I'm sorry, but it was always the same. It didn't "turn out to be a piece of xxxx".
Absolutely nothing has changed since day one but the share price.
Has anyone asked Sphere about the endless potential and prospects of Glassware? How about the share price forecasts of both Cormark and Jacobs?
And whatever happened to the 16/60/600 forecast?
Who was it that called this a pump and dump scheme?
I found this post that says all you need to know about Sphere's future
Don't forget that PT gets a 5-6% commission on all funding raises.
Last we heard of Jason, he was visiting New Casey to see Glassware in action. I think it was just after that he bailed out on the stock.
I wonder why...........
Agreed. The point I was making is that Sphere execs expect investors to believe that Microsoft can provide the number of "Impressions" a marketing campaign generated on Azure, but not system usage or revenue.
Just absurd.