Sphere 3D Corp. (ANY): This has been in special loans at Opus f...

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Re: desarcmo post# 45236

Sunday, 09/24/2017 9:38:23 AM

Sunday, September 24, 2017 9:38:23 AM

This has been in special loans at Opus for a long time. I don't think even Opus would get paid back in a liquidation, let alone Cyrus.

My read of the various docs as well is Opus screwed up royally by not getting security over the foreign subs so they are getting that corrected.

In the meantime they've demanded a sale process and continued equity injections.

I think the equity is a zero once this plays out.

They can't even afford the cash to fire Eric K.

IMHO only.

________________________________________________________

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

Eric Kelly: I am sorry? Hello?

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