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Great fresh news. I like my news to be sometime within the last decade and this just made it. Super helpful.
Thanks
What does that mean?
That's 10 seconds of my life I will never get back: searching the acronym BBT. Big Bang Theory for those who don't know.
That's the first thing that came to my mind when i saw "stigma."
My take on generally where we're at:
Almost all of us here are very spoiled by all the great news and relationships Sigma Labs has delivered recently. And with the immediacy of the news cycle and the off the chart pace of things in this internet age, it is easy to become impatient.
Bottom line for me: Sigma is in tight with numerous market leaders, with deep pockets (that can easily and have a high desire to fund the R&D necessary), and who are pushing the cutting edge of 3D printing.
The only things missing at this point are commercialization, and hopefully becoming a standard in the industry, other than that (and this is where the patience comes in) we are in a great position.
Yeah, penny stocks scare a lot of people. Has Steve Heller taken a close look at Sigma Labs (from what I can tell, he has not, or at least not written about it)? He could have answered that question in essentially two ways. The way he did, or an answer with some meaning such as I have/have not looked at them and I think they are good/bad for the following reasons. I'm assuming he doesn't know much about Sigma, so he took the easy way out, saying penny stocks are scary.
Thanks, yeah the back is a little better. News of commercialization would heal it immediately.
Thanks for the info. That will be good exposure for us.
No dice. It will only let me do that if I have a subscription. I get this message when I try: "The feature you attempted to use requires a Message Board Subscription."
Regarding the search function, what I want to be able to do is search for a term "Honeywell," for example in all the posts within the SGLB board. Not sure if that is possible, or I am missing something.
I'll check it out, thanks
Yeah, I don't want to post redundant articles, that's why I want to see if I can search the board, beforehand. Thanks regarding my back. I went to the chiropractor last week, and the exercise he gave me to do are only making it worse. So the weekend has been lounging, icing the back and incessantly posting on Ihub.
If you do a Google search for: 3d printing metal quality assurance, Sigma Labs is listed on 9 of the 10 sites. The last site was Oakshire Financial (not sure how reputable they are, but they definitely need to spell check the title of their articles): "Going Long with Stigma Labs." Luckily, Sigma it is not misspelled within the body of the article.
http://oakshirefinancial.com/2014/03/19/going-long-stigma-labs/
Not sure if this article has been posted here already. Speaking of that does anyone know how to perform a search within a specific board? I'm not a paying member of Ihub, and it won't let me use "advanced search" under the more tools pull down.
This is my last post of the day. I think I'm coming across as bored and needy.
My back is all jacked up, so I've been lounging around all day and doing some research on SGLB.
This excerpt is from the following:
http://www.nationaldefensemagazine.org/archive/2014/March/pages/3DPrintingPromisestoRevolutionizeDefense,AerospaceIndustries.aspx
I like this: Besides fuel nozzles, General Electric is also looking at printing about a dozen components and using 3D printed parts in its other engines.
General Electric has been funneling millions of dollars into 3D printing technology for years, said Steve Rengers, the lead of General Electric Aviation’s research and development group.
In 2012, the company acquired Morris Technologies and its sister company Rapid Quality Manufacturing in Cincinnati, Ohio. Both companies specialized in additive manufacturing.
Since then, General Electric has been working to incorporate 3D printing into its products, Rengers told National Defense. It turned the Cincinnati facilities into its Additive Development Center, where engineers test out applications for the technology, he said.
“We are the research arm of GE as far as additive goes,” said Rengers.
Additive manufacturing will be a component of General Electric’s forthcoming LEAP engine. The engine — which is being built by CFM International, a joint venture between General Electric and Snecma, a French aerospace company — will include 19 3D-printed fuel nozzles each, Rengers said.
To make the fuel nozzle without additive manufacturing, multiple parts would have to be separately created and fused together, he said.
“In our case … 20 pieces would have to be made and then joined … to get this complex assembly,” said Rengers. With additive manufacturing, “we are able to do that in one shot on a machine, so it makes things a lot easier. There is a lot less risk involved with that assembly.”
The engines are slated to enter production in 2016 and are being marketed toward the commercial aviation industry.
The pieces are created using a type of 3D printing known as direct metal laser sintering, which uses super metal alloys to manufacture objects layer by layer.
“Because you’re doing something one layer at a time, you can essentially build in elaborate passages into your product,” said Rengers. “It opens up design freedoms. ... You’re able to produce designs and components that you could never do with traditional manufacturing.”
Besides fuel nozzles, General Electric is also looking at printing about a dozen components and using 3D printed parts in its other engines, Rengers said. He would not disclose which parts the company is considering.
Three-D printing is revolutionizing the aerospace industry, Rengers said. “We believe it is a … game changer, and it will allow engines to run more efficiently in the future. … We envision performance benefits, cost savings and fuel savings.”
Today, the 3D printing market is worth $3 billion, Evans said. He predicted it would increase tenfold to $30 billion over the next decade.
Inside 3D Printing South Korea | Conference and Expo for Additive Manufacturing Professionals
June 12-13, 2014
Seoul, South Korea
Two presentations by Materialise at this conference. Hope SGLB gets mentioned.
This one is the more relevant of the two.
Wim Michiels
CEO, Materialise Malaysia Sdn Bhd and Vice President Asia Pacific, Materialise NV
June 13 11:00 am - 12:30 pm
The Building Blocks of a Successful 3D Printing Ecosystem
Benefits of 3D Printing include custom design, complex added-value geometry, user input, manufacturing on demand, and many others. It also offers opportunities to reduce carbon footprint as well as costs. However, making it work requires a complex ecosystem in which all elements – from data creation to final quality product – converge to enable good results.
This is a dated (sometime in 2013) article from PricewaterhouseCoopers which mentions numerous players (GE, Pratt & Whitney) that Sigma is involved with.
I thought the 3D printing—adoption map on page 4 was interesting, even though I don't think GE would agree to the 3 to 5 year estimate for aircraft parts. The Pratt & Whitney COO is certainly high on 3D printing.
“Additive manufacturing has
the potential to change the
world ... the capability of the
technology is very good.”
– Paul Adams, COO,
Pratt & Whitney
http://www.pwc.com/en_US/us/industrial-products/publications/assets/pwc-gaining-altitude-issue-7-3d-printing.pdf
Oh yeah, I remember seeing that on the 3d printing stocks board. Even though he lightened his position a bit he is still sees long term potential. So hopefully he mentions SGLB at the conference in Australia. Here's that post:
"To be honest, I wasn't impressed by SGLB's Q1 earnings and lightened up on the stock when they reported.
I still own it & still like it long term,(I've been a shareholder for over a year now), but want to see more revenue before buying more.
Q1 was a (big) negative surprise for me and I want to see the increases in revenue that they should be reporting in coming quarters- I'm personally not in a rush to buy more here...although that could change if they have a solid pr announcing more definitive revenue and not the vague "this contract could generate up to XYZ amount of dollars" that they've put out this year.
Just my opinion."
July 10 12:30 pm - 1:00 pm
Alternative 3D Printing Stocks You Should Meet
While most investors have been focusing on the well-known "pure play" 3D printing stocks, there are several lesser-known public companies that are expanding revenue and income by adding 3D printing to their existing operations. Find out who these diverse players are, how their fundamentals stack up, and if they belong in your portfolio.
garyanderson
Gary Anderson
Publisher,
3DPrintingStocks.com
Sure hope Gary plugs SGLB at this conference. I think I recall him saying he was going to (bad sentence, too tired to fix it).
For those not familiar with Rockville Asset Management's relationship with SGLB:
SIGMA LABS, INC. ANNOUNCES PRIVATE PLACEMENT OF COMMON STOCK AND WARRANTS
Financing Now Positions Sigma Labs, Inc. for Accelerated Expansion in 2014 and Beyond
SANTA FE, N.M., January 13, 2014 -- Sigma Labs, Inc. (OTCBB: SGLB), a developer of advanced, real-time, non-destructive quality inspection systems for 3D metal printing and other advanced manufacturing technologies, today announced the completion of a $3,500,000 private placement of 43,750,000 shares of common stock, and a nine-month warrant to purchase up to 14,259,259 shares of common stock at an exercise price of $0.15 per share to Rockville Asset Management Ltd., a Hong Kong company. The shares of common stock are restricted under Rule 144 of the Securities Act of 1933, as amended, and do not carry registration rights.
Mark Cola, President and Chief Executive Officer of Sigma Labs, stated that, "We appreciate Rockville Asset Management Ltd.'s, confidence in Sigma Labs. In addition, Sigma Labs’ debt-free structure combined with our recent development agreement with Metronic Systems, LLC for a 3D laser scanning technology, development of a low-cost 3D metal printing device and the largest order received, to date, for Sigma's PrintRite3D® systems, from a major international company, has now set the stage for Sigma Labs to enter a period of accelerated growth. This funding enables us to add key scientific and engineering personnel, and provides the ability to service our customers on a large scale and execute our overall plans for increased expansion in 2014 and beyond."
The net proceeds to Sigma Labs are expected to be approximately $3,325,000, assuming no exercise of the warrant and after deducting fees and expenses to be paid to third parties. The company will obtain an additional $2,138,888 assuming the exercise in full of the warrant. Sigma Labs intends to use the net proceeds of the placement primarily in connection with its PrintRite3D® technology, 3D scanner technology, and high-productivity service bureau based production, and for working capital and general corporate purposes.
Mr. Greg Xie, managing director of Rockville Asset Management, stated that "Sigma Labs has demonstrated, by the acceptance of their proprietary technologies by large international companies, that their 3D metal printing line of products, along with their expertise, bodes well for Sigma Labs place in the future of 3D metal printing. The Sigma Labs PrintRite3D® system, having the potential ability to be incorporated into large numbers of 3D devices, is very important. We are very pleased to work with Sigma Labs and look forward to a long term relationship and see a very bright future for the company. With our well established connections in China, we have confidence that we can bring value to Sigma Labs regarding prospective operations and markets."
Thanks for the response. It smelled like BS.
Is there a way to confirm this regarding the hedge funds, or is this BS?
"PharmaAnalyst @PharmaAnalyst $LQMT Hedge funds confirmed. Adding large position here. News next week could rise this price past $1. .21 200K"
In that case we should post extra on Mon, Wed & Fri, and less on the other days of the week, so we periodically make the Breakout Board each week. Actually that won't work. I just checked the criteria:
*Rate is the change in posting activity in the past 24 hours vs. the average from the prior 7 days
For what it is worth, and I doubt it is worth much:
LQMT Board on Ihub
Most Posted #45
Most Read #21
How did we make #20 on the Ihub Breakout Board? I went to see if Liquidmetal was there as there was a lot of activity today and was shocked to see SGLB
I hear you, we would all like more information on Sigma Labs and exactly where they are in the process.
Just this month they had a presentation: http://www.prnewswire.com/news-releases/sigma-labs-inc-presentation-now-available-for-on-demand-viewing-at-retailinvestorconferencescom-258270661.html
And they came out with the 10-Q on May 15th: http://ih.advfn.com/p.php?pid=nmona&article=62223919
And finally, Mark's hobbies do not include golf:
Executive profile: Mark J. Cola
President and CEO, Sigma Labs
Randy Siner | Albuquerque Business First
Mark J. Cola
[color=red][/color]Mark Cola is the president and CEO of Sigma Labs, a materials and process technology lab in Santa Fe. His interest in technology was sparked in childhood by his father’s job and hobbies. He’s also passionate about igniting interest in science and technology within the next generation of students in New Mexico and positioning the state to be competitive in the technology industry.
Mark J. Cola
President and CEO
Sigma Labs Inc.
Phone: (505) 438-2576
Address: 100 Cienega St., Suite C, Santa Fe 87501
Website: sigmalabsinc.com
Education: B.S. in metallurgical engineering, M.S. in welding engineering from Ohio State University
Family: wife, Amanda; daughters Ava, Grace and Kadin
Hobbies: classic car owner and enthusiast, bicycling, camping and hiking, reading biographies autobiographies of famous people
Hometown: Cleveland
Were you always interested in technology as a child or was it a passion you developed later in life?
Growing up in a steel town like Cleveland in the 1960’s, it was not uncommon for at least one parent to work in the steel industry. That was my dad. He was a metallurgist and specialized in forging and heat-treating. So, most evenings around the dinner table we’d hear about nickel or titanium-based alloys, open versus closed die forging, phase transformations, etc., before retiring to the garage to work on a car, bicycle, piece of electronics, or a mechanical system of some sort. I was never far behind him and always interested in helping and learning.
What did you see yourself doing at this point in your life when you were a child?
I’m not sure I ever thought I’d be running a company or a business, yet I always enjoyed building things that were engineering related. For a while earlier in my career, I tried my hand at consulting and found it gratifying to assist others with solving complex problems.
How do you measure success?
I believe a measure of one’s success can be best determined by the number of others you help inspire to do more than they thought possible. That goes not only for my children yet for those I have had the privilege of working with throughout the years. For the business, nothing would satisfy me more than to see the company grow into a sustainable enterprise capable of assisting U.S.-based manufacturers re-achieve their prominence as leaders in advanced manufacturing technology.
If you could pick one piece of technology that you wouldn’t want to live without, what would it be?
Duct tape! But seriously, I can’t seem to get along without my automobiles. My wife always jokes that we have four cars and three are mine. For me, I choose purpose-built vehicles: trucks, sedans, or performance cars. Specifically though, it’s the ubiquitous nature of sensor technology that’s allowed the automobile industry to provide the mass-consumer market with a reliable product capable of delivering us to our desired destination no matter how close or far.
What would you like to see more of in the New Mexico economy?
More advanced-technology manufacturing. New Mexico and particularly Santa Fe are heavily reliant on tourism. Yet for most U.S. cities it’s the hi-tech manufacturing base that drives its economy by providing higher paying jobs and improved ways of life for its residents. Also, I believe that Albuquerque and Santa Fe are uniquely positioned to provide a fertile base necessary for an advanced training center for next-generation, science-based manufacturing technologists given their proximity to hi-tech neighbors like Los Alamos and Sandia National Laboratories. Having worked with the NMSBA and NNMConnect, I can say that they’re both a good start.
What do you do to unwind from a stressful week?
Generally, I find that spending time outdoors with my family brings me the much needed respite and inspiration required to recharge my batteries and ready myself for the upcoming week. As a family, we try to take in as much of the natural beauty available here in New Mexico as possible by frequently visiting our state parks and national forests.
I would much rather have the company busting a$$ to commercialize the product, which is imminent, than spending time tooting their own horn.
Yeah, I think most of us are guilty of that. I have visions of a lake house in the Sierras.
A little piece here, a little piece there, the pieces are falling into place.
What is up with this board today. There were posts roughly every minute up to 11:38, then over an hour with no posts, with the next post being 12:42. Maybe it can't handle all the activity today?
Yeah, these are the guys behind Mediabistro, Inc. I know they are getting involved in putting on 3d printing conferences, among other things.
3D Printing and Technology Fund Launched; First Mutual Fund Devoted to 3D Printing and Additive Manufacturing Investing Sector
January 29, 2014 08:00 AM Eastern Standard Time
NEW YORK--(BUSINESS WIRE)--Outlook Funds Trust today announced the launch of the 3D Printing and Technology Fund, the Trust’s inaugural fund and the first-ever mutual fund covering 3D Printing and Additive Manufacturing. The Fund is managed by 3D Printing Fund Advisers, LLC, with Alan M. Meckler serving as Senior Portfolio Manager and John M. Meckler as Co-Manager and Chief Compliance Officer.
“Start-ups and large corporations are behind the ongoing paradigm shift in manufacturing for both industry and personal use, and this change has produced a perfect climate to launch a fund that provides a convenient method for investors to participate in the growth of 3D Printing.”
The 3D Printing and Technology Fund’s initial portfolio will be comprised of pure-play 3D printing companies from around the world that develop, distribute or utilize 3D printing equipment and materials in such categories as automotive, aerospace, military/defense, dental, medical, bioprinting, fashion, footwear, jewelry, eyewear, education, geographic information systems and food products.
The initial offering is available currently in one class –- Institutional (TDPIX) -- and the minimum investment is $2,500.
“3D Printing has evolved into a major industry,” stated Alan M. Meckler. “Start-ups and large corporations are behind the ongoing paradigm shift in manufacturing for both industry and personal use, and this change has produced a perfect climate to launch a fund that provides a convenient method for investors to participate in the growth of 3D Printing.”
About 3D Printing Fund Advisors, LLC
Alan M. Meckler, Lead Portfolio Manager, has 40 years of experience in the media industry and was the lead executive for two initial public offerings and three secondary offerings. He is responsible for the day-to-day management of the Fund's portfolio. Mr. Meckler is currently Chairman of the Board and Chief Executive Officer of Mediabistro Inc. since its inception. Previously, Mr. Meckler had been Chairman and Chief Executive Officer of Mecklermedia Corporation from December 1993 until it was acquired by Penton Media in November 1998. He has a BA from Columbia College and MA and Ph.D. from Columbia University. He is founder of the Inside 3D Printing trade shows that take place in the United States and in several countries around the world.
John M. Meckler, Co-Portfolio Manager, since 2010 has been employed by Mediabistro Inc. as a business development executive with emphasis on the 3D printing industry. Previously he was a creative executive at The Film Department. He has a BS in finance from the McDonough School of Business, Georgetown University.
Up almost 12%, nice
Oh yeah, you're right I read that wrong. The 129K is the value of the million shares.
And Barometer Capital Management added 129K shares sometime after March 31, 2014 and currently holds a million shares.
http://www.nasdaq.com/quotes/institutional-portfolio/barometer-capital-management-inc-927362/new?page=4
Yeah, looks like they (Apriem Advisors) got in some time after March 31, 2014.
http://www.nasdaq.com/quotes/institutional-portfolio/apriem-advisors-770374/new?page=2
For what it is worth:
http://gizmodo.com/5614154/giz-explains-what-is-liquidmetal
Best post in a long time.
While doing some SGLB research I came across the info below. Many here probably already know this, but I, and maybe other new investors, don't know about the potential to get in with Boeing, via Metronic Systems:
"Metronic Systems has the contract with Boeing, and Sigma Labs has contacts at GE Aviation and Honeywell Aerospace. Sigma Labs is partnering with Metronic Systems. Metronic Systems has the contract with Boeing, and Sigma Labs has contacts at GE Aviation and Honeywell Aerospace. It's a win win for both, Nice!
Metronic Systems, LLC was originally created in 1997 to address Boeing's need for fast, accurate non-contacting measurement of precision aircraft parts. The result of Boeing's initiative is Metronic's patented optical laser scanning technology, which provides ultra-fast, highly accurate 3D measurement of complex parts."
I'm back in! What no one cares? Dammit
Yeah, I love that show. The American Dream with a touch of greed thrown in for good measure.
So I posted numerous comments on the Arcam article on Seeking Alpha. It all started when a well respected contributor stated: "All 3DP stocks are still deep in bubble fantasy territory." He didn't know much about SGLB and was also the one who made the comments regarding the acquisition potential. So I plugged Sigma a little and provided your acquisition rebuttal.
Count me as one that doesn't know much about acquisitions, but your statement makes perfect sense. Permission to steal it and post it on Seeking Alpha, albeit a slightly toned down version.