Replies to post #24279 on Sphere 3D Corp (ANY)

[Hugodrax]

"""Or better yet, check the float, does this look like a company that's diluting?"""

Can someone translate this for me?


""How about you do some DD, they have cash on hand."""

Right, cash on hand because they had to max out on another $5M loan from Cyrus and factoring receivables with Silicon Valley Bank. The company had negative working capital of $5M as of Dec. Do you think hardware companies can run on negative working capital?