Sphere 3D Corp. (ANY)

[oiledgearz]

We'll see if the Nasdaq finds their math acceptable... if they even give it more than a cursory glance. Basically, creating a permanent waiver is tantamount to eliminating the debt... if there's no payback required, the attached liability seemingly disappears ... thus if you reduce liabilities enough, voila!, you now have increased equity without increasing the asset side of the equation, even if much of that is represented as goodwill, intangible assets and possibly inventory overstated in value...

Some accounting firms may consider the above unacceptable in practice... others perhaps not.

One thing remains for sure... the present need for actual, hard cash to pay expenses.

All IMO of course!