Sphere 3D Corp. (ANY)

[Hugodrax]

Another day, another round of massive dilution.

Today ANY disclosed they gave 5,161,030 RSUs to the 3 employees coming over from UCX.

Since Friday, they've issued 16.9 million shares, 33.8 million warrants, and 5.2 million RSUs.

That's 55.9 million shares worth of dilution in only two days. Not too shabby when the share count on Thurs before this was 50.8M. And what did they get in return? A few months of cash and a small little VAR?

Look for a reverse-split notice in the next 24 hours.

All IMHO.