Sphere 3D Corp. (ANY): Terms were undisclosed. EK has 850K $0...

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Sphere 3D Corp. (ANY)

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Re: cabel post# 29126

Tuesday, 07/07/2015 6:58:45 PM

Tuesday, July 07, 2015 6:58:45 PM

Terms were undisclosed. EK has 850K $0.65 strike options so I thought that might be an exercise but the filing doesn't reflect that. Also if EK is buying from other insiders - who sold the other 500k? More questions than answers. Someone should ask the company for clarification.

CFO dumped a few shares as well but that is minor.

Also a potential coincidence is these transactions occurred right as a lockup was expiring. And why wasn't pricing disclosed which is usually required.

Hmmm.

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