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He changed it... "Challenging IP environment." lol.
I think he added some slides.
This is exactly the talk he gave when I saw him... keep your eyes peeled for that photo.
Lovin this run but so sad I ever sold any- still 25k shares off my target # which I had months ago but moved around a bit cause it's summer and I got bored. Even after paring down other holdings the past few days and putting here, just not the same. :/ Most of what I do have goes long term Fri though- that's something.
I really doubt they'll mention them by name, but possibly IPQA. We'll see soon enough.
SGLB just keeps on runnin'3 white soldiers, and just look at the 5 day chart! NO NEWS or Pump! Solid company, no debt- getting back to the value they ought to be. Right in between 52 week range (.038-.0276) ~.14 atm. Holding patents to the holy grail of 3D printing (In-Process Quality Assurance) deals with GE, Honeywell, Boeing, Materialise, DOD, Adurant, Burke E Porter, Los Alamos, America Makes, to name a few. Watch for any correction- this is my only "long term" penny hold; in since .028 :)
I really think someone let something slip at Farnborough. (sp?) The timing lines up pretty well, and as far as I know that was the only thing really going on the last several days. (No other pumps/news.)
Can you post the link to register? Having trouble finding it. Thanks!
This is probably similar to the talk he gave when I went to Florence. If there's slides with it, Keep an eye out for an image of PrintRite 3D- I swear I saw the module on there.
That is stated in their updated patent application, I can,t post link cause I,m on an iPad and it.s beyond me but it.s on this I hub page in the intro just before the board posts.
Mark Cola. And anyway- the first one, I could see maybe... but Lenco too? $6 to .01?
I'm not saying we're not going to make money (haven't sold yet!) I just think it's good for dry and others to remind people of their history, so they can form their own judgements.
It makes me wary, though I'm still letting it play out, only because q over q seems to show progress, esp. in retiring the debt- which is a positive sign. More positive to me than any promises of what's to come, personally.
And, please don't say I'm working for someone because I can tell you right now I'm a middle school teacher. One of my core subjects is history- which I admit probably gives me a slightly different perspective when it comes to looking at the past.
On the bright side... check out the chart of lenco mobile...they hit serious heights before they crashed and burned... sttk will rise again, mark it, lol. Some entertaining reading, here...
(begins after discussing the rabbit hole of ftc offenders and assets purchased by lenco, including superfly)
Ok, I have to admit, this sounds bad...
http://www.ftc.gov/system/files/documents/cases/2013-11_commerceplanet-gugliuzza_9cir_ftcbrief.pdf
good to know, dry. This is such a speculative play for me I haven't paid much mind to daily postings...I'd be happy with just another run like last spring...holding 300k shares avg .oo4. 200k limits at the spring levels...last hundred will ride for kicks. Figure even if they're crooks they'll run it again for the money, and if not and 1234 is right, all the better. However if a particular investment i'm holding (cough sglb) carries on like the past two days, all bets are off lol.I took some play money out in the summer lull, some of which landed here, most of which i hope to put back eventually.
On the flipside, i did think the q report showed nice progress.... especially glad to see debt being paid down. Do wish exec comp were lower, but I dont usually invest in this sector so don't know the norm.
Holy crap, 100k? That's insane. Please tell me you're a millionaire.
Long STTK- hope to see some good gains before EOY but goodness, man- that's crazy!
SGLB killing it 2days in a row!
10% yesterday, ~8% at this moment, beautiful white candles,
UP ON NO NEWS!
(Possible theory- a GE rep leaked their continued joint involvement at Farnborough air show. Unconfirmed ;))
This is the only true "investment" penny stock I have- in since .028- I've held over a year and it appears to be coming off lows, having consolidated ~.11 for over a month if you're considering an entry.
No debt, established relationships with GE, Honeywell, Boeing, DoD, America Makes, Materialise, Burke E. Porter, Adurant.
Management from m Los Alamos, MIT- have agreement with Los Alamos regarding patentable tetchnology; much more in the pipeline.
Already hold 6 patents, coming out of beta testing with GE/Honeywell, commercialization of 1st installment of PrintRite3D In-Process Quality Assurance (IPQA) for 3-D printing NLT q3 , 2nd installment (Deform) Q1 2015; expecting takeoff Nov/Dec.
JMO. :)
I he did change the logo... or at least the name of the blog. It's now jj's Sigma Labs blog, with a clear disclaimer, if I remember right.
Ah, let 'em have their fun... It's not like anyone really takes it seriously. I mean, if we all had a nickel for every time we heard 'I think we'll hit ___ today,' we wouldn't be investing on the OTC. lol. Personally I consider all OTC investments speculation, and distribute accordingly- but Sigma is a lot less speculative/more predictable than the rest. After almost a year of no losses (for me) I consider it an actual investment... the little price fluctuations aren't a big deal, and posters' predictions are just for kicks. Yes, I was much happier at .27 with over 4x my investment... but a double's still not bad.
On the other end of the spectrum you've got guys investing 50k in scam companies, shouting 'to the moon!' and others shouting 'to the trips!' so I think this board is doing pretty well- relatively speaking.
I called their IR lady back when he was first doing it, because he was using their logo, just to let them know. I also suggested they consider him for hire (mostly to ensure he was being accurate... would be bad if it looked official but was way off the mark.) She said she'd let Mark and Vivek know, so either he got a job, or a cease and desist, one or the other.
Nice! Sigma is one of those 26 companies who are not actually paying members of America Makes, meaning they get money without paying dues. What I also found Interesting was the part about ip.... members can access the ip of other members (which sigma isn't) but even if they were there is no cap on licensing fees so companies have to pay 'whatever fee the company who worked on the ip wishes to set.' Pretty sure that only apples to ip that emerges from the program, though. Lol, wonder if ge was the anonymous complaint ??
Did someone name-drop at Farnborough and we just don't know it yet? o.O Or is this just a long overdue jump? [We've had little jumps before... gotta love that about this stock- consistently in-range, yet always full of surprises! lol]
Just read the original JTDA announcement, seems to be a bit of a disconnect.
http://www.geaviation.com/press/other/other_20130524.html
First, it says the purpose is to "advance and implement" (meaning, the tech exists, just needs to be tweaked and applied?)
However, then, GE says:
How JTDA's Work
Good article listing possible arrangements. Ultimately, we can't really know without seeing the terms of their agreement. I HOPE it is this:
LOL-they have no PR person. They run a VERY lean operation. Their IR person is a consultant who doesn't work for them exclusively, or all the time.
He probably wanted to run up another of his speculative "finds." Remember, he decreased his holdings of SGLB temporarily though remains long overall. Promoting at a forum is easy money. I like Gary personally because he's been kind to me, but it was a bit disappointing he didn't follow through. Who knows, maybe he wants to wait and accumulate more of them before the big run-up. (I estimate late fall... seems to be historically a good time for them.) :) I can't really blame the guy, but generally speaking it's good to do what you say you'll do.
Great post!
Sigma's Patents (yes, they hold them!)
IPQA and IPQM were filed as trademarks, which is different. Filing for trademark means they can start using the tm and making sure no one else can use "In Process Quality Assurance" that isn't using Sigma.
However! YES They currently have several patents on the technology behind PrintRite that are already approved.
This is essentially the Inspect Patent:
https://www.google.com/patents/US6857553?dq=ininventor:%22Vivek+R.+Dave%22&hl=en&sa=X&ei=QxE7U_zrL-mW0AGxn4FI&ved=0CHYQ6AEwCQ
They refiled one of their existing patents- regarding the control of a weld pool to broaden the claims, I believe it was last year- making it more specific. What's crazy, is that this (in both original and revised form) literally patents closed-loop control of the welding process- and the revision is more specific to AM (which is using a laser to create a melt pool) so that no one can mistake it. (I personally think even the 1st would hold up in court if it came to that, but I think they want to be sure.) That is why I bought in in the first place- because no matter how badly they would like it to be otherwise, GE needs them for this intellectual property.
Here is what they have already obtained:
https://www.google.com/patents/US8354608?dq=ininventor:%22Vivek+R+Dave%22&hl=en&sa=X&ei=zA87U_DOEMPf0gGWn4CADw&ved=0CFgQ6AEwBQ
Here is the revision:
https://www.google.com/patents/US20130126483?dq=ininventor:%22Vivek+R+Dave%22&hl=en&sa=X&ei=zA87U_DOEMPf0gGWn4CADw&ved=0CEMQ6AEwAg
I believe they also filed to patent the tech behind Deform this year; however this also builds on their existing patented research.
Basically the idea behind obtaining initial patents and refiling is one- to extend the life of said patents, two, to further refine those patents so as to shut out competition, and three- because when you build on an existing Patent (as is stated in the revision) your claims go back to the 1st filing date.
They also hold patents on the dental implants, ARMS/BAM munitions, and something about thermal brazing, which are linked in the intro of this message board.
Please don't wish that! I don't have enough shares for an R/S. lol.
I think SGLB is unwilling to be bought. Mark said a year ago that the idea had been discussed but GE "doesn't know how to value [them] yet." These guys are highly successful engineers- this is pretty much the culmination of their life's work, and now that they've just struck out on their own, I think they want to maintain control of what they worked so hard to build, 1st at Los Alamos, now here. Everyone has a price, sure, but Mark doesn't seem to be anywhere near ready to retire, and I don't think he wants to be like Morris and forced to play by GE's rules. My husband is an engineer, and dreams of one day owning his own company- I guarantee he would not be bought so easily either. Mark and Vivek have spent decades building an intricate network of relationships- their quarterlies and website always talk about leveraging their relationships they've forged; in aerospace, with the DOD, Los Alamos, etc- and that is almost as important to success as the tech itself. I don't think they're settling for pennies. The fact that they've maintained wanting an Intel Inside model shows just how ambitious these guys really are, IMO.
# and maker of GE 3D printers
Kinda bummed the EOS announcement wasn't true,(or isn't true yet?) but just a reminder, here are the #'s and types of 3D printers GE currently has, according to Morris. May give some insight into their preferences.
(I was there at Morris' talk and copied everything from his own slides)
As you can see, EOS is clearly their favorite... Arcam is up there, too.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100818352
The same jumped out at me- I agree with your interpretation. I also remember, it was probably last fall- at the AM conference in I want to say Pennsylvania, when morris presented on quality assurance and closed loop control, and several articles declared "Greg Morris is a genius!," followed by sigma getting a major bump (they were there too). They obviously have SOMEthing- I suspect SGLB is involved. I just spent two days in Nashville so just now catching up... freaking out cause my computer is on the fritz with all my teacher powerpoints. Won't know til weekend how much data they got off it :( Hoping Sigma will provide a welcome distraction!
See my previous post on this... It's totally standard language for this kind of company. Nothing to worry about, and no ulterior motives. Seen it hundreds of times--it means what it says, that if they don't achieve profitablity via revenue, or obtain more financing, eventually they would cease as a going concern. (As would all start ups.)
That is standard legal language. They are required to disclose risk factors, even the remote ones. It's on all my OTC Quarterly reports, even the company that has 4m cash on hand, no debt, and a ridiculously low burn rate. (Though, I will say, til last Q THAT CEO only paid himself 90k.) I haven't seen any of em go bankrupt yet, just something they have to include when in developmental/not profitable stages.
Great Interview regarding future of AM:
http://www.advancedmanufacturinginsight.com/archived-interviews/item/q-a-rapid-prototyping-center-at-university-of-louisville-discusses-advances-new-materials-and-methodologies-for-additive-manufacturing
No idea when it was published, but still sounds promising.
Hypothetically speaking, best case scenario:
250kx100 EOS machines @ GE, all other patents/tech notwithstanding…
=25,000,000 contract.
I don't really think we'll end up that high starting out, though GE is investing 3.5 billion into its aerospace supply chain:
http://www.businessweek.com/articles/2013-11-27/general-electric-turns-to-3d-printers-for-plane-parts
Said Morris:
With today’s technology, it would take too many machines,” as many as 60 to 70, to efficiently make the nozzles...We can start ramping up with the current generation of technology, but within two to three years we’re going to have to be onto the next generation to meet our cost targets,” he says. So GE is waiting for development of new printers with three to four times the capacity."
I was very hopeful about the Sigma/EOS, and EOS/GE announcements because I was reminded of this quote.
These projections are highly optimistic, and I suspect whoever floated the idea that perhaps SGLB would consolidate the # of Printrites via the cloud may be onto something, but at the very least I believe regardless of what the final bottom line is, SGLB will be involved in the supply chain, and will be valued at levels beyond what we're seeing here.
Personally, I'd be content if we got to our previous highs ~.27...satisfied with .50 a year from now… really happy with $1, anything above and beyond that is icing on the cake. [Note: This is a selfish hope-only because I'll be house-hunting around then and though I have a modest downpayment between the brokerage and the bank, I would love more of a cushion so I don't have to sell my favorite assets when the time comes. ;)]
I know they spoke of making efforts to uplist. I'm guessing time remaining on that is ~1.5 years, and, while optimistic is not beyond the realm of possibility.
Do I bank on it happening? No. Do I think like silver was saying, we'll hit $2 rapidly? No. But so far, in the year I've been in them, SGLB has delivered on most if not all their promises… their MOU's, except one we pretty much concluded was out, have all lead to greater integration in the industry… the fact that Honeywell has returned to them 3x now says something, and I know what I saw when I listened to Greg Morris' presentation in Florence...
I'm not sure I get the impression he's greedy- most of the time dilution/toxic financing is based on necessity when it's a legit start-up (which I hope this is!). If it's not legit, that's another story, but so far it's at least been in a range, if volatile. Seems they're consolidating/paying down their debt, at any rate. I've only been in a few months though, consider it speculation. I saw the last run after the fact (was working, couldn't do anything about it.) Definitely looking forward to the 10q. I'd be happy with even half the last run- going back up to .04's/.05's would be even more amazing…and of course the outlandish buyout estimates would be best of all, would buy a house with some land, though I don't count on that. I'm content to just wait and see- #'s are coming in a matter of days. I plan to hold til EOY and will either sell some to bank profits or write off the loss- only lost a couple hundred thus far; would average down but short on dry powder. :/ Time will tell I suppose!
"Rich material and process information." ;)
Trust no one… lol.
So are we expecting quarterly Mon or Tues?
He has experience in RF (Radio Frequency) "I have also built wide area high speed data networks using Ubiquiti data radios which can act as stand alone networks or be interfaced to the Internet for world wide data communication from remote field locations. To complement the RF communication network design, I am also proficient in computer network design and implementation."
RFID is what one component of Sigma relies on, if my memory serves me right. Just googled and silversmith's post popped up…
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99734684
Also has worked heavily with Lasers and laser sensing.
Finally:
"I hold two US patents in electromagnetic design for remote sensing and data telemetry."
All of which sounds like a major win for us!