Replies to post #42571 on Sphere 3D Corp. (ANY)

[Hugodrax]

If they don't get the price over $1 it gets delisted. If their auditors make them write off the Overland goodwill it will fail the asset test as well.

The company is about $45M in debt, and burns $5-8.5M per quarter. It only had $4.3M in June and the CFO waffled when asked if they could survive 6 more weeks.


I truly appreciate your optimism, but you can't meet payroll with puffball ihub comments....

IMHO...

[derek32smith]

"They are now finally starting. That is FACT that is KEY."

Ahh, now I understand. All the other launches, product releases and BIG partner deals were just ....... what, practice runs?

That's three years of practice runs. I guess that is why they don't yet have a single independent theirs parry test or review of Glassware.

I'm sure you are right though. Off to $600 and beyond!!