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...lmao...I hope they didn't use any of their IPQA for that piece.
Hey jeffx,
Can you shine a little light on this for me? I don't know much at all regarding IP/patents.
Is it possible that previous approved patents will render these applications redundant? Like this was intentionally done as a bum deal for the lenders and Sigma intends to default? I'm sure the technical side of the technology will go over most people's heads unless they're in the field.
Even if that's not a possibility. Any light you can shine on the realm of IP/patents would be greatly appreciated.
Thanks.
Thoughts?
From the Q3 2015 CC:
I'm in the camp that people who connected with the technology, directly or tangentially, know that Sigma Labs does have the current solution but it isn't quite there yet. It's issues may be integration, difficulty of use, clunky interface, etc.
- Anyone in tech/engineering field able to confirm these types of challenges? I'm talking out of my ass here.
Over the course of the last few years, SGLB has described their product in a fairly consistent fashion, yet have pivoted in their processes to deliver it's service to its customers (like, the use of Big Data...and now IIoT).
That does make sense since Cola et al were working at Los Alamos at the time.
You're the man.
Hey GR1D,
I think pisd is referring to GE's acquisition of SLM & Aracm.
http://www.marketwatch.com/story/ges-3-d-printing-buys-set-to-fail-after-activist-elliott-intervenes-2016-10-21-81032344
Can't see GE and Honeywell arming each other like that.
Hmmm, most races' starting gate is also the finish line. What lap are we on?
No need for derision.
Ahhh, you're right. Thank you.
With the convertible note, the money is given upfront and then upon some triggering event, the warrants are converted to shares. If the conversion doesn't happen, Sigma Labs will owe them the loan + interest like an ordinary loan.
Hmmm, not seeing the filing.
Does anyone have any well catalogued DD w/ links all in one place? I'd like to include it in the intro. Some for confirmed factual links & some for speculative associations so we can source the associations alongside that wonderful diagram Jackie made for us.
Kinda letting cat out of the bag here though. No longer do we have the support from "any day now" speculation. Pps will dwindle to the company's book value which is basically a single 3D printer & IP that is seemingly impossible to give a valuation.
Also, now we're certain they won't be able to finance operations from licensing (the bread and butter) sales so they will have to issue shares. We are gonna be screwed if an uplist doesn't happen...they'll have to do a private placement rather than issue shares through the S-1 to investment bankers.
Even if 2018 is the year...I'd still be screwed if I had a loss of 90%+ even if they recover 1000% of its lost share value.
I also believe this is the case.
I can't tell if either they sold the story too soon, I bought the story too soon, or both.
I still believe the company will be successful, but the shareholder's success will be dependent upon the proper timing, or average cost per share.
I think being an independent 3rd party QA is SGLB's biggest defense. Buying the company would negate a huge part of its service.
Anyone know the rate it takes to make a fuel nozzle with 3D printing?
I'm surprised it hasn't happened already. It's not like they can wait until they are at $0 before executing such a deal. But you are absolutely right...we should know any day, hour, second now.
Interesting use of quotes.
That's almost exactly what it is. DGI Wire is owned by Dian Griesel International that's a "strategic visibility public relations agency that guarantees greater daily engagement with the specific audiences desired by our clients".
Kinda odd this release http://www.disruptivemagazine.com/news/sigma-labs-launches-printrite3d-inspect-v132 came before Witty's email.
Let's just round it up to the nearest million.
Additive Industries posted this on their LinkedIn less than a month ago. I had to use a free Dutch to English translation service, so some of the wording is off but it is understandable.
Additive Industries: Industrialising 3D printing for functional parts
The 3D-printing company Additive Industries has its first machine for the three-dimensional printing of metal sold to a German car manufacturer. The Eindhoven company had already four - in price reduced - test versions sold to Airbus and the automotive branch of the English GKN. The car manufacturer will get the first 'in december and immediately the most comprehensive' full metal printer. This notified the drivers Daan Kersten and Jonas Wintermans of Additive Industries on the FD during a study and working visit to Stanford University and Silicon Valley. By metal parts in 3D printing, for example, there are less vulnerable gore seams and can be produced more accurately. The car manufacturer would not yet in the publicity. The amount of the transaction involved, make Kersten and Winter Mans also is not known, but the order is running in the millions of dollars. Kersten and Winter Mans consider to open two branches in the USA. On the east coast or in the Midwest United States with representatives of the company for delivery to the American car builders and manufacturers of molds and medical implants. On the west coast expect customers to find the drivers in the space industry.They think the second full machine correctly to sell in this sector, possible in the USA. Friday brought the two include a visit to SpaceX, the space business of Elon Musk (known of the producer of electric cars Tesla) in the area of Los Angeles. ' This is on the west coast for us not so much for sales reps, but to phd students also research and development can be done in close consultation with the customers', says Kersten.'Dear that close cooperation with the customer as a company you walk less financial risk in such research.'
I think a carefully crafted email through http://stratosmith.net/about/contact-us/ might get you in contact with him.
Yeah, timing is the crux here and hindsight is a bitch.
I'm annoyed that I missed the call - however, the 10q doesn't prompt me to dump...unless I'm trying to follow the philosophy of buy low, sell... lower?
I'd like to see what happens with potential uplisting, the warrants (and the IB's ability to sell the shares), the finalization of Phase III of DARPA project with Honeywell, and America Makes project with Aerojet Rocketdyne & GE Aviation before I make a decision.
There's too many legitimate developments still in-process (hell, even their IPQA software). I want to see a few of those to completion before I sell at a loss.
What a swing trade this would've been today. Did anyone take advantage of today's action?
I missed the whole damn thing..
Yes, because believing that sandbagging an order to prop up financials = delusional optimism. I'm not a fan if that's the case...
It may be an intentional sandbagged order to appear in the financials before the offering takes place.
Amazing write up, more than anticipated. Thank you.
I imagine you have thoroughly catalogued DD for everything Sigma Labs related...
Hey GR1D,
Do you have any insights regarding the anticipated Phase III of the DARPA project with Honeywell or the Phase III of these kinds of projects in general?
Thanks.
From p.33 of the S-1
https://listingcenter.nasdaq.com/assets/initialguide.pdf
Page 9 for capital market
For specifics look under section 5505:
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp_1_1_4_3_7_2&manual=%2Fnasdaq%2Fmain%2Fnasdaq-equityrules%2F