Sphere 3D Corp. (ANY)

[blueblizzy]

It depends on the volatility of the the CAD/USD exchange rate and the price at which you decide to convert CAD to USD.

Here's an example:

If you buy 1000 shares of ANY priced at $3.50 USD with a forex conversion rate at $1.259USD per $1 CAD. You would have to convert $4406.5 CAD to USD to purchase these shares.

Lets say later down the road you want to sell your shares of ANY. You sell at the same price ($3.50 USD per share). However, the forex conversion rate is now $1.40USD per $1CAD. The CAD dollar is worth less than the USD dollar. When you sell and convert immediately to CAD currency, you will now have $4900 in your account based on forex alone. You made $500 from forex but not from ANY share price volatility.