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strut1702

07/31/14 5:40 PM

#9109 RE: JamesK101 #9108

As you know, XXII took precautionary measures to prevent a potential hostile takeover after uplisting. Sphere is heavily controlled by insiders but I don't see what would prevent a hostile bid for the company. Correct me if I'm wrong, but a bid appears to be a---possibility as this drags on. If that is the case, I wouldn't want to be short over 2 million shares for long at these price levels.

We are now sitting on a roughly 150mil valuation. We know more about Sphere than we did 6 months ago. We have seen biotechs trade well above 150 while not bringing in a dime of sales. Again, this might be appealing to a large entity.

petemantx

07/31/14 5:48 PM

#9110 RE: JamesK101 #9108

A major factor working for ANY is that there already is a heavy ownership percentage controlled by mgt and Pinetree/Jacobs/etc. There are only about 25MM shares in total. Subtract out the shares owned by ultra-longs to include the above groups and the many on this board that have significant shares and how many actual free shares are available? I would say 5MM or less. If price gets down to $4 or less that is not that great a sum for a major fund or some such entity to swoop in and pay a slight premium to take all available shares off the table. They would know there is a major, major short position that will cause an explosive upside move when the brokerages start demanding the shorts to cover the short sales.

That's why I don't see a major, major collapse below $5.

JUST 10-11-12

08/01/14 1:31 AM

#9137 RE: JamesK101 #9108

with all due respect, I do not think you can compare XXII with ANY. For instance, I do not own any XXII, but I own all ANY! And as soon as I read a reverse split on DSNY, I got out. I hate reverse splits, although, sometimes, they work.

If ANY is what I read and hear, we will be OK! Also, it has a 16 dollar rating, which I hope is legitimate and forthcoming!

any constructive feedback is welcome.

Keith