Sphere 3D Corp. (ANY)

[My401K]

Yep, fraud like this occurs so often that it is hard to get anyone interested. If I had lost money on the deal and had revenge in my heart, I'd probably go to the FDIC OIG. Given the repeated misrepresentation of "increased revenues" (artificially generated through acquisitions, but promoted through press releases as if they were actual), the security for the credit facility wasn't what it seemed and an FDIC-insured bank took a hit. (The revenue of the combined entities always decreased, but S3D's literature boasted otherwise). Opus bank probably doesn't want to admit they were fooled, but I believe the individual fools have by now left the building.

With respect to the end of the month coming up, in similar situations my past experience has been that the firm either filed for bankruptcy or the board and officers simultaneously resigned. The accounts receivable went to payroll and anything left over went to attorneys. The only alternative I see would be for CCP and/or their Spanish bank to once again come to the rescue, with or without EK.