Replies to post #45578 on Sphere 3D Corp. (ANY)

[mensplus]

No tag days for SS,these hounds absconded with millions.It was a well thought out plan,"merger" with OVRL,Cusip change,TSX delisting ,the promo, newsletters,Bay street analysts(naïve or crooked),the whole nine yards;In the end,nobody was investigated,indicted,nor will anyone ever go to jail..The only remaining question being why is someone still paying for their salaries and bonuses?

[derek32smith]

Justfactsmam, as I recall, while you were getting told "cant sell yet", PT and EK were telling people "chaos of success' and "Glassware is booming on Microsoft Azure".

I would also remind everyone of what PT said on Feb 4, 20154 : "we are tired of development, now is the time to sell, sell, sell". Wonder how PT planned to do that when he knew they had no saleable product?

I would love to see some Product Roadmap docs from anyone on the inside at the time. I would wager that PT knew there was no possible sales yet told investors the exact opposite.

I also wonder how they managed to book and report quarterly results with almost $1 million in revenue prior to the merger with Overland? Of course, the fact that they has those sales on the books as Accounts Receivable beyond 180 days (so much for following FASB rules for Revenue Recognition) and ultimately took them off the books when the merger took place. Does anyone believe that those were legitimate sales and not some backdoor agreement between Kelly (Overland CEO and Sphere Chairman ) and PT, at the time CEO of Sphere. For a laugh, check what happened to the share price during those periods for an idea what was really going on with those sales.