Replies to post #45831 on Sphere 3D Corp (ANY)

[oiledgearz]

I believe that sums it up quite nicely, kudos and bragging rights to you, which I happily offer at face value, no discount!

As to the future, the same problem remains, i.e., they're running out of cash and constantly at a loss, so putting aside the trading of many tens of millions of past debt, for how much more time can they possibly be funded? A month? A year? Longer?

Again I have to wonder, when do the paper (bag) holders cry "Basta! Enough's enough already!" Is it 5 million more, 10, 20, 100? Whaaa!!?? This is real money continuing to be tossed down a rat hole...

All IMO, of course! :-)

[oiledgearz]

Per today

"On August 16, 2018, FBC purchased from Colbeck all of Colbeck’s rights and obligations as Lender under the Credit Agreement Pursuant to the Credit Agreement Purchase, FBC acquired all principal, accrued interest and payable fees and expenses due to Colbeck for $17.5 million."