Replies to post #46253 on Sphere 3D Corp (ANY)

[oiledgearz]

Absent some bold stroke or fantastical new initiative, hard to see how they wriggle out of this one... but, where there's a will, there's a way... will be veddy interesting to see what this crew comes up with... or is it "stick a fork in it, it's done" time finally?

IMO :-)

[My401K]

I don't think they get a six month grace period, or at least aren't entitled to one. They've already used that one up. I believe that their appeal can be rejected at any time. Given how deeply their shareholder equity has gone in the red (per this week's posting of their financials), it seems to me that NASDAQ's credibility would fall into the "even more laughable" category if they gave them another shot at compliance.

Their 600K+ private placement (if it went through, which I presume it did, but we don't know the "subject to conditions") should get them through the end of June, given the burn rate.

Even that notwithstanding, I suspect that PT Barnum is checking the rigging on his parachute as we speak . . .