Sphere 3D Corp (ANY): Its a complete MISCONCEPTION that Spher...

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Re: ACanJadaS post# 10433

Sunday, 08/24/2014 8:08:10 AM

Sunday, August 24, 2014 8:08:10 AM

Its a complete MISCONCEPTION that Sphere can not release any news before the merger is completed. It was in fact created somewhere on this board- either due to lack of Corporate Finance knowledge or by a short. Then, as the human mind works so conveniently the past weeks' silence seemed to confirm that truely silly theory.

Sphere could not release material news as the product development sphere ;) was working actively on new products and the business development sphere of ANY company in the world can not publish news before it is sure that such release won't derail negotiations. Those are/were the ONLY valid reasons (anybody willing to disagree is invited to look in any corporate finance book/source). I mean, one would think that latest with this press release on Friday the silly 'no news until merger is completed' theory would be invalidated, yet it is not even questioned here...

Hello, anybody home????

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