Replies to post #1297 on Sphere 3D Corp (ANY)

[JB3729]

I would if I were the Company. Cash on the balance sheet is a good thing.

This leads to the question - Why did Sphere sell shares at $3.35 when they had enough money for the next 3-4 qtrs. excluding any revenue (per CEO in van's interview).

My guess is they spotted something they wanted to buy and couldn't wait for a higher share price to do the offering.

I suspect we will hear where the money is being spent shortly.