Sigma Labs Inc (SASI)

[TedJ]

Jeff, you are not going to see the blanks filled in if you go to the SEC office. If you go, you will only get a hard copy of the "incomplete" document that is electronically posted on EDGAR. The prosectus is being submitted to the SEC for review, the detailed pricing of the offering will come later. This submittal is just the start of the process.

SEC staff review of registration statements

The SEC staff examines registration statements for compliance with disclosure requirements, but does not evaluate the merits of the securities offering or determine whether the securities offered are “good” investments or appropriate for a particular type of investor.

If a filing or confidential submission appears incomplete or if the staff has questions regarding the registration statement or the offering, they usually inform the company with an initial “comment letter,” typically within 30 days after filing or confidential submission. The company may file correcting or clarifying amendments to respond to the comments. The initial comment letter may be followed by additional comment letters. The review process is not subject to time limits.

Once the company has satisfied the disclosure requirements, the staff declares the registration statement “effective.” The company may then complete sales of its securities.

More information on the process for SEC review of registration statements is available on the SEC website at http://www.sec.gov/divisions/corpfin/cffilingreview.htm.

The language on page 66 of the S-1 is just boiler plate reminding people that if they don't have a computer to access the filing electronically they can get a hard copy from the SEC either in person or by mail.

Sigma can't register and sell the securities until this prospectus becomes effective, so they have to wait before they price the shares.