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Re: My401K post# 45685

Monday, 06/04/2018 2:10:01 PM

Monday, June 04, 2018 2:10:01 PM

Post# of 48153
To be more specific, the original Sphere team had no IT industry experience. As a matter of fact, the "story" pitched for Sphere was lifted verbatim from another "stock promotion" that PT took to market. And that which failed too. EK had led Overland to 8 years of consecutive quarterly losses.

Enough said.

Glassware was a figment of someone's imagination. It was never a real product, even before PT got involved. There is evidence the end user component was IP taken from another vendor. The backend required Microsoft Server to function. There is ZERO chance that that technology would be successful in the market. I said that in 2014.

And was 100% correct.

If investors had taken five minutes to read the SEC warnings about Pump and Dump schemes they could have saved themselves millions of losses.

"We are tired of development, now is the time to sell, sell, sell" - Sphere CEO Peter Tassiopoulos, Feb 2014

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