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JB3729

09/11/13 4:28 PM

#1334 RE: timorr #1332

Great post here from a person that visited Sphere 3D -

The way it was explained to me when I visited the company was something like this....conservatively;

"If we can get just 8 million users for any given application or combination thereof (ie Corel) willing to pay just $1/month to subscribe to the service, that's basically $100 million. At 80% margins we are looking at an eps of $4-$5/share. Multiply that by avg p/e's in this sector of around 20...."

You can do the math from there. This is just general public subscribers. It was then demonstrated to me using various applications like MLS for real estate, movie downloads that were incredibly fast (like under 30 seconds for a new release movie), and a few other basic ones. Imagine what revenue will be like if a bank or a cell phone company or two start using it with basically millions of transactions daily?

We do need some updates though from the company as to any progress they are making with any deals. Perhaps at the AGM on the 16th? I don't know. They have been very quiet to ensure that everyone who wants in gets in, and to make sure everything is fully functional before spending too much time on PR's. Then watch the deals start flowing in.

There will inevitably be regular pullbacks. I would be using them to buy.


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