Replies to post #29183 on Sphere 3D Corp (ANY)

[Hugodrax]

"""That buyer made a quick 50% and kept the warrants for free. So another private transaction.

And again EK had to come up with nearly $5 million ($5/share x 1 million shares) """

Well that would make him a fool, no? Hmmmm.... pay $3.2M for 950K shares plus get 950K warrants at $4, or pay $5M a few weeks later for only 950K shares.

Doesn't add up.


I don't think it's a coincidence that the share increase was on the exact date of the S-8 filing registering 10.79M shares under the "Performance Incentive Plan" or the "Employee Stock Purchase Plan".

But the Biasini sale is in the mix there somehow.