Sysorex Global Holdings Corp. (SYRX) is a technology company with roots stretching back into the 1970's. The former iteration of the company was actually acquired by Vanstar for $53m cash & stock in 1997.
Today, Sysorex is the byproduct of several acquisitions completed over the last few years. In 2012, Sysorex's revenue was $4m and almost all derived from government contract work. Since then, SYRX has acquired 3 different companies that have grown revenue to over $60m, but at the same time drained capital reserves.
The Company's current capital resources as of September 30, 2014 and the equity financing and contract awards in 2014 are expected to be sufficient to fund planned operations during the succeeding twelve months. (p....
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