Sphere 3D Corp. (ANY)

[sons4]

Today the market cap is approx $180 million, the 4th qtr run rate is over $36 million and Overland is 15% ahead of schedule for operational efficiency, 2015 run rate $160 most likely LOW side. If ANYone can read this letter and believe we will be sitting even close to $180 million market cap in August is going to miss the boat, hope everyone held their shares, this ride is about to speed up!

http://finance.yahoo.com/news/sphere-3d-provides-business-open-133200276.html


Last year was a transformational year for us and we closed it out with a bang! We took a giant step forward as a company through bold moves designed to provide a solid foundation from which we can launch our many fantastic new products. We closed out 2014 with strong financial results as compared to our prior results, and have started building momentum for 2015.

For fiscal Q4 2014, we expect to exceed revenue projections with a record US$9.0 million (C$10.44 million) for the quarter. As a result of our commitment to operational efficiency, we worked with Overland management, prior to the completion of our acquisition, to ensure that their targeted US$20 million in annualized operating expense reductions were not only met, but were 15% (US$3 million) ahead of expectations. Our annualized revenue run rate has grown from less than US$4 million in Q1 2014 to over US$36 million in Q4 2014, and we have set our goal for an annualized run rate of over US$160 million in Q4 2015.