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Re: None

Monday, 07/28/2014 12:56:45 AM

Monday, July 28, 2014 12:56:45 AM

Post# of 48153
Don't know if anyone actually reads the comments following a Seeking Alpha article, but one of the commentators called bobonspec kept writing negative comments claiming Sphere3d has never had any sales or revenues. This was his last one:

bobonspec

again you completely baffle me. There is no revenue. Therefore no one wants the product. Get it yet? No sales. No revenue. No profits. No value to a sound investor.

Here was my response just in case anyone might have otherwise been fooled:

"This is about the 6th message you have posted claiming Sphere3D has NO sales & NO revenues.

THAT IS AN OUTRIGHT LIE!

Evidently you must have missed my previous response, so I will repeat it:

"Somehow you must have missed all this:

Recognized over $1 million in revenue in Q1 from Glassware 2.0 licenses, V3 Appliances, Professional Services and Desktop Cloud Orchestrator, including the company's first Desktop as a Service ("DaaS") agreement, with an international services company;

Derived revenue from customers in Canada, the United States, Europe and elsewhere; verticals sold to in Q1 2014 include Government, Construction and Financial Services;

Finalized partnership with Dell to integrate the Glassware 2.0 platform and DCO software, with Dell DRIVE;

Signed a collaboration agreement with Novarad Corporation. The Collaboration agreement will allow Sphere 3D and Novarad to offer an on premise appliance for the delivery of Novarad software to healthcare providers without the requirement to refresh workstation hardware. By delivering an Infrastructure as a Service ("IaaS") offering, customers can take advantage of a pre-built solution based on a verified architecture that reduces deployment risk and accelerates time to availability.

Expanded relationship in Q1 2014 with Corel beyond previously announced VAR and Distribution agreements. Provided Glassware 2.0 as a platform for WordPerfect X7 companion iPad offering. Corel is estimated to have over 100 million active retail users in 75 countries;"

Those are in addition to the previously mentioned Chesterfield County School district deal for Chromebooks which hasn't even been announced by Sphere. It is quite likely that there could be many other unmentioned deals as the company seems to have gone into a quiet period until the Overland merger is complete. And of course Overland by itself will most likely be bringing in $80M or more in revenues for 2014.

So please, do not repeat your no sales no revenues LIE again. Thanks."
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