Sphere 3D Corp. (ANY)

[My401K]

Yeah, you're right, and it's no fun for all-in speculators, but it's still fun for spectators.

I wonder what PT's got up his sleeve? Without the revenue from Overland/Tandberg, there's no way that he can comply with the continuing listing standards, even enough to get a six month extension. Also, he'd need to get a bump in the stock price from the reverse split, and usually it goes the other way.

So, I'm guessing the actual purchase agreement won't be officially recognized until after the NASDAQ delisting deadline, so the revenue is there, at least on the books for the day or two that it matters. But before that, he'll push out some product releases, and some great forward-looking statements about how his company is (or will be, more accurately) free from debt and has valuable assets in order to pump up the stock price, and correspondingly, the market cap. In other words, he'll try to span the deadline with two alternate realities.

Don't be surprised if it works, at least for the next six months. There is, after all, a sucker born every minute.