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Hugodrax

05/25/16 8:24 AM

#40633 RE: macnqueso #40630

You don't need to ignore RDX. The reason you back it out is because it allows you to calculate the organic growth. Merging two bagel shops doesn't mean the bagel shop is growing at a 100% clip, especially when it has to be paid for.

It also allows you to compare EK's $160M run rate that we were supposed to have 6 months ago to what they did apples-to-apples.

Speaking of which, I clearly recall baggies telling each other that everything was just 6 months delayed in the run rate because of Azure. Well, here we are 6 months later and the company isn't even half way there...

Now it's VMWare hype. Next AMZN? Then GOOG?

You can't keep burning $1.5M in cash per month.

;-) :-)
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strut1702

05/25/16 12:33 PM

#40636 RE: macnqueso #40630

Looks like you have accepted holding Overland storage (with a little VDI) as your replacement investment to Sphere's Glassware to me.

Unfortunately that won't get the company to cash flow positive anytime soon.

The writing is on the wall. Management was tremendously evasive in recent CC and dropped Mr Wheeler from CC after he asked a legitimate question regarding the 160 run rate. Not to mention all further questions. LOL. What a joke Sphere is. A real joke dropping further questions when the heat comes at them.

The only thing EK or PT have memorized is their pay, PT's take for financing dilutive financing deals and stock compensation for themselves. You're just an afterthought long they will dry out for themselves as the pot of gold is always he next quarter or half year out.