Sphere 3D Corp. (ANY): And just think, if PineTree hung on to a...

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commoncentsinvestor

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commoncentsinvestor

Re: macnqueso post# 19449

Friday, 03/06/2015 6:59:07 PM

Friday, March 06, 2015 6:59:07 PM

And just think, if PineTree hung on to at least 2,500,000 shares during this upswing, they would be up about $9M from Spheres' low. And if they sold 750,000 at an average of around $4, that's another $3M they raised. So between the two, that would be about $13M of the $20M they needed by June.

Also the share price of PineTree has gone from a low of .05 to .18 today. Looks like they are going to get thru this without having to decimate their ANY holdings. That's a good thing.

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