Sigma Labs Inc (SASI)

[Pisd]

I would think there would be any kind of parody. If peeps think SGLB is going to $20, $100, whatever, than you'd think they'd bid the stock up to 50 or 100M market cap, not just the warrants. Lot can happen negative in 5 years as well, r/s etc.

If the security dives, the warrant holder is only out a 1.40 per warrant all the way out to 5 years...if they produce nothing during that time(will leave all the speculation out here) then they are only out the 1.40 a warrant versus the current 3.60 and even if you sell at what would likely be a depressed price, you would only get back about a 1.40 on the sale of the stock, warrant would likely be under a buck....essentially what the warrant does is give the buyer protection on the downside, versus still unlimited potential on the upside, where as a stock owner faces risk/reward in either direction. I would argue at current prices, you are being priced about even positive/negative...

If common dives, the warrants decimate imo. Also say you get close to five years, then the warrants will price $4 away from the stock, so I still prefer to hold the stock and still think the warrants are overpriced by a lot, and more volatile. The value of the warrants is based on the value of the stock.

Nice to have them so people can have another way to play Sigma

Still wish I flipped the warrants, oh well.