Just imagine 2 years ago some very wealthy doubters shorted Sphere under a dollar thinking this reverse merger company could never create ANY product that could make money. It's pretty common for these kind of companies to come out and dilute stock time and time again. Ut oh, Sphere doesn't dilute and another visionary (SS) finds this hidden gem and his followers buy in to the vision. Right out of the gate the shorts are in trouble!!
As of today we have 4 companies combined with 35 million outstanding shares ALL amazingly done with minimal dilution, almost unheard of imo!
Now this group is down over 200% on their short position which is well over a million shares, possible 3-4 million. How much money is that? Do they cover or try to fight and create doubt for as long as they can??
I can assure you that they never dreamed that our little reverse merger company from Canada would now have 4 companies combined, lead by visionaries PB and MK :))) Heading into roadshows with MICROSOFT!!
Bottom line the shorts are cooked it's just a matter of time!
Let it go and focus on the business, what PT has accomplished in two years is completely unreal, the companies combine heading into a market comparable to the internet back in the late 90's! New products, great new hires, and now great partnerships!!!
Here are some of the shorts arguments as of today, which of course has changed as Sphere continues to shoot their theories down! They have no money, they have no products, PT last job he did a bad job, Microsoft is a mirage this isn't news......COME ON LOL, This is insane!!!
The early shorts are cooked, yes they will be new one just like every other stock on the market. Business results are like a can of RAID for bugs, they will kill off the shorts and when that day comes enjoy your profits!!
Eliminate Glassware just for a second and take Overland Storage, V3 and Tandberg, give those products to visionaries for the New Cloud and you could easily turn this company into and viable business that could easily hold the market cap of where we are today $150 million.
Throw in Glassware at $150 million market cap there is zero risk here IMO!!! This company is not worth less then this with $160 million run rate!
PS colmar welcome to the board, great first post and backs my therory on the hardware side with the market cap!
"the affiliation with Ingram's Promark is important " Revenues from hardware could easily give this company a higher market cap then $150 million!
GLTA
