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You have continually stated there the technology doesn’t work and that there is no market for the product, so why do you think the patents have value?
Sorry, my message should have read Capital Global Opportunities as the lien holder.
That is good news. I hope Sigma will issue a PR once they have paid off the loan to Capital Investments and officially acquired ownership of the patent free of the lien.
I know Sigma still has many other patents pending. Do you know the application or publication number for the patent that apparently was filed one day prior to the similar (?) one by GE?
Thank you for all the info you provide on the status of Sigma’s patents. It is informative and helpful.
Why do you think some attack Sigma with such hatred and vengeance? It appears to go well beyond simple disappointment with performance and share price. Are they jilted suitors or former associates of Mark and Amanda Cola? Some have seemed to display a real personal vendetta.
Today is April 13. The 2Q started April 1. Not hardly “halfway.”
What “borrower” are you talking about? I am not aware of any current borrowers or holders of Sigma debt.
Please enlighten if you can.
What is the “new debt” ? Please explain.
Preferred stock, convertible preferred and warrants are NOT “debt.”
You may think so but how, as you stated, can you be “sure” ?
It appears there are at least 4 potential events that could have a profound effect on Sigma’s valuation:
1. Significant sales of PrintRite3d
2. Announcement of industry standards which include Sigma’s quality assurance products
3. Award of Sigma’s patents
4. Merger and acquisition activity
Hopefully one or more of these scenarios will occur soon.
What timetable do you and other posters think is likely for the 4 events?
Why do you think the announcement of the agreement with NIST is a joke? It appears to be a rather significant development
Which PR are you referring to as a joke? The one yesterday announcing the agreement with NIST ?
Why do you think relatively high volume but minimal increase on pps on day with positive news about SGLB and NIST ?
Why do you say there is no cost control ? Have you seen their budget ?
How do you arrive at your prediction of $0.85 share value in the short term? Is it based on some kind of technical analysis? Or is it just a guess?
I thought there might be a run up today in anticipation of tomorrow’s meeting. It would provide the naysayers with another opportunity to short.
Thank you for the clarification.
Well, you will know through SEC filings if Mark sells and at what price. Maybe the prudent thing to do is to reserve comment until we see what happens.
I don’t believe Mark has ever sold any of his Sigma shares. The 7,000 shares Amanda sold recently is an entirely different issue as others explained at the time.
A SEC filing states that Mark Cola, President and CTO, invested almost $100,000 on February 20 to exercise an option and purchase 61,750 shares at $1.49 per share.
And you claim the stock is “a ruse.”
One of you is wrong, and it’s unlikely that it’s the one that just spent almost $100,000 to support his conviction
Why do you think he is not capable of developing the software ? When you make such an assertion you should provide some reasoning.
If you have a 10% stake in the company and that is reduced to a 5% stake as a result of a doubling the number of ISSUED shares, you have incurred 50% dilution (half of your stake) - not 100%.
If you lose 100% of an investment you have 0 (zero). By the same token if you suffer 100% dilution, you are left with 0 (zero).
Maybe you should refrain from using mathematical terms and comments you don’t really understand.
“100% dilution” ? That would result in 0 (zero) shares.
What makes you think OpenEye is a “crappy job”? Do you know what her job is there? The credentials of some of the staff at OpenEye seem impressive and they apparently have an international presence.
I too approved the increase. I think shareholders either (a) have to give John Rice and the company a chance to implement their plan which seemingly may include a merger or acquisition designed to increase the company’s value and ultimately the PPS, or (b) conclude that they do not want to support Sigma’s management and therefore best liquidate their holdings and move on.
Is that simply because of alphabetical listing on the site?
Read the terms. No possible conversion to the 10% equity position in either Jaguar or Morf3D occurs until the loans mature in March and May.
The answer is apparent in the info you posted:
The loans do not become due until March 27 and May 1,
They bear interest at 7%
And they are secured by a 10% interest in Jaguar and Morf3d.
What more do you want? They appear to me to be responsible business deals by Sigma.
I agree with what you and Jackie have expressed. Like many, I am disappointed in Sigma’s lack of progress to date, but if we want the company to succeed and realize the potential we think it has, we have to support management’s plans.
Shareholders do not make sales or establish the necessary business relationships or consummate mergers and acquisitions. Management does.
If shareholders do not choose to support management, they have the option of selling their shares and moving on.
I obviously want Sigma to succeed and I have to rely on and support management if progress is to be made. Accordingly, I will vote for the increase in the authorized shares.
I don’t disagree with your rationale. I think we just differ as to what we would like the post split price to be.
A second forward split down the road a bit wouldn’t be bad either.
The immediate issue is for SGLB to finalize some revenue producing sales so as to move the share price up to where a split (whether it be 2/1 or 6/1 or something in between) can be effected.
I don’t think it helps for SGLB to be viewed as a “penny stock” again as it would be with 4/1, 5/1, or 6/1 split with the pre-split price less than $10 or so.
Low price stocks in some cases restrict investment by mutual funds and other institutional investors.
Post-split prices above $3.00 would also make the stock marginable which would enhance trading activity.
I would favor a forward split if the adjusted price after the split was $5.00 or more. In other words a 2/1 split after current pps reaches $10 or more.
I guess we’ll just have to wait and see what January brings. Day traders are always in and out irrespective of the calendar. Investors who are bullish on Sigma’s potential may continue to let the stock run in hopes of additional appreciation. I am inclined to favor the latter.
You are mistaken. Any capital gains realized in 2018 - whether in January 2018 or December 2018 - are not payable until the 2018 return is filed in 2019.
There is no tax incentive to realize gains in January 2018 from a December 2017 runup.
Why do you think there will be tax selling in January? The last day to sell and take losses for 2017 would be the day after tomorrow - December 29.
Do you really “hope it sticks”? That runs counter to your usual take. And why only one post today when many days there are several?
You allege they are siphoning off funds. How do you suggest they are doing this?
What did GE pay for GeonX ?
How much did ANSYS pay to acquire 3DSIM ?
.08% is .0008
.0008 of 1 billion = $800,000
There is an Additive Manufacturing Consortium taking place in Albuquerque today and tomorrow. Perhaps that may account for present increase in pps and volume
Are you now inferring that Mark has engaged in fraudulent activity or deceptive practices by giving away the company’s patents and now denying such action?
If so, I suggest you have proof or a good attorney.
If not, I suggest you withdraw your allegations.