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Sphere 3D Corp. Message Board

  • happytradersometimes happytradersometimes Jul 31, 2014 1:55 PM Flag

    Market value is more than 140 times it's revenue.

    Nothing here unless the company can start getting some sales. The talk is about superior software but the proof will be in their revenue numbers and right now that isn't good.

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    • There are many companies with higher valuations without a dime in sales. We've heard this line many times. There are multiple ways of valuing a company.
      70% quarter over quarter isn't good? People like you are the ones who stand in front of Steve Jobs and Wozniak as they bring their product out their garages, beginning to monetize and complain that sales aren't good. It's early to the game. Chill out and come back in a few quarters.

      • 1 Reply to strut1702
      • Q1, the first quarter the product was on the market, they sold $900,000+ worth and Q2 they sold $1.7M. No sales? This is practically a parabolic start, and with a tiny team of around 6 sales guys.

        Add the fifty plus in sales force with OVRL and see where this leads….and that doesn't include the dozens and dozens of resellers.

        Dig a bit deeper, happy, there's a neat story here. Check out iHub as well. This is revolutionary stuff, and every tech guy I know who has gotten near this has become an investor. If that doesn't tell you something, I don't know what does.

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