Replies to post #30677 on Sphere 3D Corp. (ANY)

[Hugodrax]

That's a reasonable post macnqueso, although I don't really see how there *can't* be another financing, given they have negative working capital - the only way they wouldn't have to is if they were suddenly profitable which nobody expects.

The amount they raise will be instructive. If they raise more than a quarter or two's worth of cash, to me that means they have no confidence in the "$160M run rate". If they did, they would wait and only do another "bridge". However, a small amount doesn't necessarily demonstrate confidence, as it could simply mean more $ wasn't available.

I continue to expect a financing prior to Q2 results, which I expect to be downright awful.

IMHO