Replies to post #31684 on Sphere 3D Corp. (ANY)

[donkschmonk]

I am actually glad about the committee as the committee's members will be meeting not only when the Board does but also on other days and to try to prepare suggestions for the Board meetings. That's why Board committees are established after all...it means more attention to it on a Board level, which surely was also triggered by letter of the Clinton Group.

Anyway, we are now at an unbelievably low RSI of 18.5! Wow, we re-defined oversold yesterday. Usually retail investors buy or hold during overbought conditions and are selling right into oversold conditions. Both to only regret it later on...

[petemantx]

We agree on the call in general.

My main problem is that the company seems to be over the top with disruptive IP, revenue streams, partners, irons in the fire, etc, etc yet they do a very poor job of highlighting their strengths and playing down their weaknesses in their presentations, just the opposite of what a good selling organization should be able to present to the public.

Instead of reading like robots, why not have someone give the presentation that has a little passion for the business? Maybe someone like Stoney, a salesman who knows how to present a package in the best possible light.

Example: They could have packaged the report on the discontinuance of revenue guidance differently so that the average listener/stockholder could understand the need for action without feeling that it was a knock on future revenue expectations. This should not have been the punch in the gut that quite a few listeners took away from the presentation.

Same thing with the RDX acquisition announced today. Lead with all the hype of what it is going to do for Sphere, why mgt felt it was just too good a deal to pass up, how we now have the ONLY RDX product on the market, etc. instead of making people believe we were focusing on tape product at the expense of Glassware expansion which some have mentioned in previous posts.

The CFO presentation is like pounding a nail into your head. Why don't they just publish the data on a website prior to the call and answer any questions someone asks regarding it? Again, had all the passion of reading a phone book.

Makes me wonder with the comments some made earlier how EK has a lot of baggage with Wall St types due to past performance at other companies, OVRL included, and the lack of ability to be a passionate, positive face for the company (at least from what I've seen in presentations) if he is the man to be the CEO. I have never met him and thus make this comment with no reason to believe one way or another, just a view from an outsider looking at the mgt team.

[sons4]

The more I think about this committee the more I like it! One problem I have with this company is management is scattered all over the place, one in Canada, one in California, one in Utah, who knows where MK tweets from everyday and will Sam being working from home? At least the committee will be together :)

[comatose]

Do you think this committee formation is the result of the stupid ass Clinton group letter? I think the purpose of this committee is to reduce managements liability concerning shareholders value.