Sphere 3D Corp. (ANY)

[My401K]

This sort of answers your question from yesterday re: "who in their right mind". I (brag, brag) offered the possibility that CCP very well could (again), and they did, (again) through their phony off-shore, vest-pocket bank.

This begs the question of whether Madoff was in his right mind?
(That shouldn't be misconstrued to imply that CCP was in their right mind.)

So anyway, they were in it to the tune of $25M at the beginning of the week, now they are in it to the tune of somewhere near $45M, but instead of it being a $25M in default, it is now magically a $45M loan that isn't in default. Plus, they have Glassware and a metric shipload of worthless shares. Ahhh, the wonders of bookkeeping.

Now CCP is EK's $45M investor. Per Shakespeare, all's well that ends well (LOL).

P.S. I'd really love to know how much Colbeck paid for the paper they bought from Opus, and how much (CCP affiliate) "FBC Holdings" bought it for. I don't think anyone's obliged to tell, but I'll bet Colbeck bought it at a good discount and sold it at face value.