Come on now. You must know all of this was paid for. If you want to make money, you can't believe everything you read.
It's okay to sell and take some profit before it goes down further.
- Frost and Sullivan was hired by Sphere to produce that report
- Cormark did the last financing and received a commission and broker warrants
- here's the disclaimer in the Jacob report
1
The cited issuer currently is, or in the past 12 months was, a client of Jacob Securities. During this period, Jacob Securities provided some or all of the following services:
A) Investment banking services
B) Non-investment banking services
C) Non-securities related services
2
In the past 12 months, Jacob Securities has received compensation for Corporate Finance/Investment Banking services from the cited issuer.
3
In the past 12 months, Jacob Securities has been a lead manager, co-lead manager, or co-manager of a public offering of securities of the cited issuer or any publicly disclosed offer of securities of the cited issuer or in any related derivatives.
4
In the past 12 months, Jacob Securities, its partners, officers or directors, or any authoring analyst involved in the preparation of this research has provided services to the cited issuer for remuneration, other than normal course investment advisory or trade execution services.
5
The research analyst(s) and/or associate(s) have visited material operations of this issuer, and/or have performed specific examinations of the issuer’s products, patents or other proprietary processes significant in an evaluation of the company and its prospects.
6
As of the month end immediately preceding the date of publication of this research, or the prior month end if the publication is within 10 days following a month end, Jacob Securities, in the aggregate, beneficially owned 1% or more of any class of the total issued share capital or other common equity securities of the cited issuer or held any other financial interests