Replies to post #44050 on Sphere 3D Corp. (ANY)

[Hugodrax]

Cyrus has to tread carefully. Opus is driving the bus. Cyrus looking at a possible total wipeout on even their debt.

[Justfactsmam]

...yes Derek...and the company's "explanation" of Cyrus exiting from the BOD is laughable:

"The Company views the letter to be indicative of Cyrus’s belief that the business has yet to reach its full potential, and there is an opportunity to maximize shareholder value. As stated in their filing today, any proposal from Cyrus would aim to allow “Sphere to reach its full potential substantially increasing and maximizing shareholder and stakeholder value”.

...the only thing they left out was the "qualifying" language...they likely intend to "maximize shareholder and stakeholder value" (they being stakeholders also)...but NOT the current shareholders...

IMO...it will be the new shareholders after reorganization...