Member Info for JohnLewis79

Morning rugs...Good point on the ISA thingy...mine were not protected.

Morning ABLE...I read the article on line (Alexandra Frane?)but tbh I learnt nothing new. Most of the articles supposition has been discussed ad infinitum on this BB for a long time...US listing & or partnership etc...an outright sale would be preferable given our cash balances but with a new switched on management and our world wide spread the price would have to be half decent. Best to wait and see what transpires.

I'm still wedded to Sphere for better or worse though owing to my secretary having a day off I didn't purchase any more shares (I can't navigate the hundreds of instructions). Good to hear that Sphere will have a section for 'matched' deals to be settled but be careful I can see problems ahead in agreeing a price in a vacuum....somebody might know something not generally available to all holders...you get my point! Surprised lse is still open for posts now we are private company. Maybe the delisting becomes official /effective today. So could be close or midnight tonight?

It's been nice knowing all the longterm holders on this board who to a man have borne this disaster with good grace and sometimes cheerfulness. We deserved more, a lot more. However a new Dawn breaks a second chance given to those who still believe. I pray that our fortitude will be rewarded in time. Good luck in your battles with the market and may they be profitable. As for me that's it. I have had a long innings from my first Bank share in the '60's ending in this failure. I'd have liked to pull stumps on a winner, alas not to be. Good luck guys recovery may be just a share away.

There's a deathly hush in Sphere tonight the last man's in and more to make a bumpy pitch and a blinding light as Sphere heads to the nowhere site. Oh how we rung our hands in hope our Captain hands sodden red he smote....play up, play up and play the game he wrote! The sand of the desert is Proxima red the stock is jammed and the captains dead...yet investors cry "play up and play the game" And none that hear dare forget that England's far and Proxima is but just a name.... a name. This is the word that year by year every son must hear and none that hear dare forget Proxima is the game...a game. Over the seas and yonder Proxima divides and conquer the voices of investors cry......"Play up, play up and play the game!".... As the final curtain falls an uncertain future ahead those a bed pray Proxima like a torch in flame shouts play up! play up! and play the game! (Aplogies to my mate Henry) (Apologies to my mate Henry).

Wanna leave an impression zoctopuz?....try the "Hollywood walk of fame' while your at it have a word with SVB ther'e just round the corner.

Sure you have all seen, read the latest rns....kinda what I have been expect'in for yonks. Can't say we're much further along as these strategic reviews take forever and time slips by as the world moves on. That's the bloody problem why have they not appointed a new CEO/CFO? Oh yes...this is SPO...FFS! Still a hold .....just

Endangered species caged in fright shot in cold blood nowhere to flight the stage is set now pay the price you pull the hammer without a care. No contest nowhere to run no more left only one.....this is it.....be a man!

Well I sure didn't invest in the CPS/Warrant option. As you say geared for the iis who W will 'look after' An excellent method of side lining pis. I doubt W is best pleased to see the nos of pis on his register! Pretty sure he thought he'd shafted us good'n proper! Any ideas what % of stock we own? My guess could be 20%....

Yup agree the 8% on the CPS is payable from year one in shares. So c 177k at 8% over 3y would give you c 25% more shares. Warrants pro rata to your CPS holding at same (2.822) price exercisable up to Oct'18. Problem is what would the warrants be worth and whose making the price/market in them?...Matched?

Morning cellis...all. Has been... ever so since whoever invented the stuff thousands of years ago. Don't know about $5Bn stolen from cash machines....whenever I try I get flashed up 'insufficient funds!'

A couple of points on the WPCT. I don't think it was Sphere's decision to delist. They were forced into it by W for good or bad and we will find out in years to come if W made the right call. Logically if they never made it in the listed arena there is little to expect them to succeed in the private. The device is proven the market is not. As someone once said "beware those come bearing gifts".....be it W or Nigerian Princes! We should also factor in that selling the Co or a relist may never happen leaving the Ords stranded due to the two tier share structure which means any dividends will go to the CPS first. I'm betting that any income from divs will be too small to matter due to the huge increase in shares outstanding. Of course if suddenly in '18/19 the whole world wants P I'd be cursing not having some CPS....then again if rev is right we'll be off to the races with 50p shares in our pockets & stuff the div...heh heh heh! (That might happen to you but not a cat in hells chance to me). Today is the last chance for believers to add. I had a moderately good wk/ends betting which allows me to add c 50k shares to my pot of worthless certificates.....good after bad most likely but after so many deals in this stock one final throw of the dice won't make much diff I guess!

Reporter to be Woy..." congratulations Roy on your new appointment, did you tweet any body on the news?".."Yes I did i tweeted the Missus to a dinner"heh heh heh!

Afternoon all...yea can catch up on advfn but I doubt there will be much to talk about...tbh it's pretty much a 'gonner' as far as I'm concerned. I have written off my investment in Sphere to zero as imo that's the sensible strategy as how are we to make any sense of how the Co performs from now on? To be honest cellis I'm kinda tapped out on anything of interest to say now...all the waffle, hopes and dreams have led us to an uninvestible stock teetering on the edge of an abyss. Thank goodness we have only two more days of 'roll the dice' trading which might see us at 0.20 or less....WGAF? I sure don't!

cellis get serious! A penny by Christmas....tops!

It's a Friday and the " I wouldn't want to be holding these, over the wk/end" merchants will close out. Goodness knows if anyone is making money at this very late stage in Spherelife? I wouldn't bother as it's purely a spin of the wheel and a nos game. Total waste of time imo though that does not apply to those who intend a lth backing W to succeed where others before him have abjectly failed. A grand buys you c 200k so if we ever got to 5...a prospective profit in the making. It's a long shot but there's risk in any investment and I reckon it's worth a punt on two counts. a) W finds a buyer & b) we return to the markets in a few years. Factor in c) W fails.

Yea the bloody Lone Ranger!! That's one jockey I missed... as for all forms of betting I will have to drastically reduce now I cannot fall back on Sphere if I have a bad month. Sphere's near demise is impacting me in ways I never considered! Yup the Ortho deal was a bummer no doubt about it and given the vast size of the US I'm leaning more and more for a private sale to a hedge fund or another med device Co to take Sphere onwards from 2020. I don't think W needs the hassle in trying to crack America for as we have been so unsuccessful in the UK (so far) how tough is it going to be in the US? Nah he won't want any of that I'm sure! Get us to P5 and move on......(if he does not fancy returning to the UK public market). We will have to sit on the side lines, watch and wait. Lazarus was brought back to life after 4 days can W perform a similar miracle here?

Coming to the end of the road methinks...before the next 5m sells occur...heh heh heh!! Not even half a mill traded........ what's going on? Has everyone abandoned the sunken wreck of the ss sphere? Short termers should realise that 0.4- 0.6 is the range of the sp for the next three days.... do not expect a white knight to come galloping over the hills to rescue you....ain't gonna happen, well outside of Buck Rogers or Tonto & Trigger?.. I was a Tom Mix man myself and he's def passed away! Oh for the simple old days of cowboys & Indians!

Of course W might want to package Sphere 'ready & able' for the US market and hopefully sell us on to a developer. In that case further funding might not be required?

Morning cellis I'm only going by daily vols but yes your right on the 51m...however to get us into US hospitals and set up distribution etc..will, I'm sure require more cash and that's surely nearer 2020. Whatever the 2-5 year time scale (from now) most likely covers most eventualities.