Sphere 3D Corp. (ANY): My analysis of the NASDAQ requirements t...

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Re: None

Monday, 12/19/2016 12:06:09 PM

Monday, December 19, 2016 12:06:09 PM

My analysis of the NASDAQ requirements the need to meet in January is that even if they announce a reverse split to get an extension to July, it will be denied if they don't have a $15M+ market cap.

At 50.8M shares that is 29.5 cents.

We just punched below that at 29 cents.

Ugghh....

How many companies that get kicked to the OTC ever make it back?

IMHO....

________________________________________________________

Caller: But why did you back away from your prior guidance?

Eric Kelly: I am sorry? Hello?

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