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I think it was Harvard College, not Harvard University. I think he says he has a liberal arts degree.
It’s not about the science being faulty, (though it could be). It’s about management either taking advantage of hopeful people (=scam) or being on a situation where they’ll do anything to keep the lights on. Correct me if I’m wrong, but seems to be little restriction about big investors selling their shares quickly, amounting to a short term loan, not any investment. I’m sorry it’s going like this. I’m out, I lost a lot of $$$, but still v. interested and except for one or two rude people, we are all just going on limited knowledge and doing our best to figure it out.
Blocks being sold by Swartz and Dawson James.
The Carl and Shirley Schwartz Trust dated March 14, 2019 600,000 (2) 5.49 % 600,000 -0- -0-
Dawson James Securities, Inc. 250,212 (3) 2.29 % 20,000 230,212 2.10 %
* Less than 1%
(1) Assumes the selling stockholders sell all of the shares of common stock included in this prospectus.
(2) Comprised of (i) 400,000 shares of our currently outstanding shares of common stock held by this selling stockholder as a result of its purchase of such shares in our May 7, 2019 private placement, and (ii) 200,000 shares of our common stock currently issuable upon the exercise of the Warrants held by this selling stockholder. The terms of the Warrant contain a beneficial ownership limitation, pursuant to which the holder does not have the right to exercise the Warrant to the extent that after giving effect to such exercise, the holder (together with its affiliates and any other persons acting as a group together with the holder or any of the holder’s affiliates) would beneficially own in excess of 4.99% (the “Maximum Percentage”) of the shares of our common stock outstanding immediately after giving effect to such exercise. By written notice to us, however, the holder may from time to time increase or decrease the Maximum Percentage to any other percentage not in excess of 9.99%. Carl Irving Schwartz and Shirley Elaine Schwartz share voting and investment control over the shares of common stock shown. The selling stockholder disclaims beneficial ownership of any other shares of our common stock in which Carl Irving Schwartz or Shirley Elaine Schwartz has a direct or indirect beneficial ownership interest.
(3) Comprised of shares of our common stock currently issuable upon the exercise of warrants to purchase 160,000 shares of common stock (140,000 shares at an exercise price of $1.47 per share and 20,000 shares at an exercise price of $1.75 per share) held by this selling stockholder, and a Unit Purchase Option to acquire up to 90,212 Units, at an exercise price of $1.75 per Unit, consisting of 69,394 shares of common stock and warrants to purchase up to 20,818 shares of common stock at an exercise price of $1.61, which Unit Purchase Option expires on March 15, 2024. Robert D. Keyser, Jr. and Thomas W. Hands share voting and investment control over the shares of common stock shown.
I come here now only to read your posts.
Swimmingly,
Mrs. Beasley
I wish you guys who are hanging in there, success.
Except at the beginning they weren’t exclusively a r&d company, they had many consultants from the lab that generated cash (I don’t know the terms). Then we bought the machine, and we were at least going to do light manufacturing to keep cash flow, at the same time as refining the software.
If it’s so easy, so unimportant to cure the NASDAQ issue, why isn’t it being done? What advantage can it give the company to remain in this state? People who have run this company created a -19,000,000 accumulated deficit. True or false? They lost almost a million more dollars in 18 than 17. These “crisis” turnaround guys, do you think they come cheap?
When this company was founded, they had many advantages, ViperSteve. They had three directions they could have followed, they were doing a lot of consulting. It paid the bills those first years, and the patents for the munitions and the dental were/are good assets, if they are owned by Sigma. (Post not specifically asking you this Q., Steve)
Folks have faith or not, trust or not, that’s all it comes down to in the end.
I guess it’s public knowledge as of 5:00 today. Yesterday, not so much.
Guess that Carl comment yesterday was no mere coincidence, was it?
Is the 560,000 influx announced a few minutes ago in the 8k enough to get them off the list? Because they have been there for 30 days, right?
What did they tell you they plan to do to cure the non-compliance? Are you assuming that because you are a major shareholder the market on which it trades is inconsequential?
Keep your shares. Who cares? I'm not trying to get you to sell. What I am saying, and what is regularly said, defended, and often ignored because you question ulterior motives is this: HOLD MANAGEMENT ACCOUNTABLE FOR THE WAY THEY SPEND YOUR MONEY. That's all. That's all. Ask them what they plan to do next, financially and legally, regarding the NASDAQ situation. Ask them to write you a formal letter every quarter to explain where they are, in lieu of a conference call (Shoot, they don't know what Skype is?" GoToMeeting?) What are you paying them for if not to run a profitable company, at the very, very least to write a damn letter 4x per year?
And by the way, I sure hope the next annual meeting they mentioned changing is truly being moved UP to this summer (midsummer = July, no? and we're in May already) and not skip September and push back to next summer. (Does that effect listing requirements too?)
"Finally, in order to improve the relevance and timeliness of our annual meetings, the Company will move its Annual Shareholder meeting up to midsummer from recent years’ September/October scheduling."
Good Luck, Sol Mastermind, all you old timers, especially Herringaid
And since y'all don't care if they have those conference calls, and get your news straight from the horse's mouth, what is the plan if/after they soon halt NASDAQ trading, assuming of course that Warren Buffett doesn't scoop this gem up and they continue along the path of non-compliance they are currently walking?
Y'all like the wild west OTC? Or maybe not even that. Maybe just go private, no more pesky oversight. Or that's just not important anymore, just like having independent board members never seemed a priority either.
If the science is sound, but the management is self-serving, the shareholder won't benefit. They are the wrench in the machine. Every time they get a gain, they dilute or otherwise restructure. Preferred next, someone suggested? And who holds those?
So it's true I have missed a beat on the company development here and there. There were days I considered every word out of the mouth of Mark, or General Electric, Materialize, etc. to be valuable and supportive of the concept. (Although I was quite taken aback when the America Makes trial was inconclusive. We all remember that PR, don't we?)
So tell me why the current CEO is making you prosper? Why do you trust him?Because he has a PROVEN track record of helped young companies get established? What?
Aren't they close to or in NASDAQ non compliance, delisting? No? Yes?
yes.
https://listingcenter.nasdaq.com/noncompliantcompanylist.aspx
Is this good management if you cannot leverage good science? Or are they just skimming off too much, whether cash or warrants or shares?
I meant good luck. To you, shareholders, not necessarily to all those with their hands out.
There have been several times that I thought the company wasn’t on the up and up with us, the partner that sold out and hooked up with the Ukrainian shell company, Tom O’Mara’s bunch, the p.r. Firm out of the strip mall, the men who are running the company now, hiring Mark’s wife at such a steep cost, others. others. Others. Today’s choice to end the ccs was just the last straw, no heavier than any other. I think Mark had, maybe has a good idea. I think the vultures around him suck it dry every time it shows life.
Sold today. Very nice to make the acquaintance of all the old timers on this board. Good luck and I wish you success.
Hi. Still long. Hope we succeed.
I wrote them a note about the steady dilution, offered my opinion not to do it again. But I agree with you, they probably will.
We have seen better days, that’s for sure. i guess short sale restrictions are in effect after this.
standing with you, too
Now what happened? For goodness sakes. Where are you Herringaid? down 14.21%
Still sinking with you, Murray.
Anyone can answer, just addressed it to Jeff because he usually has a good knowledge of things.
So Jeff, are we in NASDAQ compliance now with a full board? Were new additions to the board voted on? When?
Solid.
yes. Strong.
Jeff, is there a merger in progress? I missed a lot of the news lately, but noticed a post.
closed green in ta
Missed some things recently. Saw mention of "the upcoming merger." Is this an announced deal? With what company? Also, has anyone gotten feedback about replacing the missing board member?
The GE applications were filed with the Patent Office one day after Sigma Labs’ application.
SP looking much better. I was pleased to see the increases in institutional holdings.
Thank you
Do you think the drop is related to this? http://www.cnn.com/2017/07/03/health/proton-pump-inhibitors-early-death-risk-study/index.html
rattle my nerves. I'm worried, can't help it.
cool. glad to read it
Why do you think the sp is struggling? Do Israeli companies need to make same disclosures as us when substantial investors divest?
This is what happens when you are sitting on a delisting notice.
Thank you for this
thanks from me also
Anyone care to comment on the ah sp slide here?
yahoo!