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Anyhow all machine OEM's are supplying more and more machines without Sigma Labs inside including AI our strategic partner...
No any machine is supplied with Sigma Labs inside...
All those OEMS's using there own systems...
>>>I did read it. Please reread. The collection of infrared via the diodes crosses the Sigma patent. >>>
I think now we need Endra1 the master and layer for clarification...
Sorry I forgot to mention our former partner Materialise...
The problem is with the todays PR of EOS / MTU Sigma Labs is not any more a leader just may be a follower...
Sorry others like Renishaw, SLM, Trumpf and also CL now GE Additive are also do something?
>>>EOS EOSTATE crosses the Sigma Patents. Sigma is even listed as a reference in the EOS white paper doc listed below.
https://cdn.eos.info/839090ec135565bc/b6a6ac17dca9/EOS_Whitepaper_Monitoring.pdf >>>
...no at all, please read the white paper what I posted some time ago carefully...
>>>Aerospace: Optical Tomography Enables Considerable Savings in Quality Assurance
https://www.eos.info/press/case_studies/optical-tomography-enables-considerable-savings-in-quality-assurance
https://www.mtu.de/fileadmin/EN/7_News_Media/2_Media/Brochures/Company/001_Imagebroschuere_EN_2018.pdf
“EOSTATE ExposureOT reliably tells us when a part might have flaws. This allowed us to completely remove X-ray and CT inspections in the series production of borescope bosses. Economically speaking, the benefit is huge."
Dr. Karl-Heinz Dusel, Head of Additive Manufacturing Technology, MTU Aero Engines >>>
...interesting that some posters getting nervous...
>>>'They' don't have ANY IPQA patent. SGLB does. But their tech crosses the SGLB patent position. So they will have to license.
All the best,
Silversmith >>>
this is only your wishful thinking and no any evidence just look at the web sites of world leader EOS and also on MTU site...
>>>This information simply says that SGLB's PR3D is an effective IPQA solution for metal AM. EOS's stuff crosses SGLB's patents. They will be forced to license from SGLB if they want to actually use it. SGLB's patents are crazily undervalued from investor lack of understanding.
All the best,
Silversmith >>>
It is not a EOS patent it is a MTU patent and do not crosses Sigma Labs patents, so what...
>>>Again the Q: did we see any customer confirming that IPQA is useful and already in real production? >>>
you did not answer my question or was your attack attempt your answer?
Explore our monitoring software EOSTATE ExposureOT & learn how you can benefit as MTU Aero Engines has, optimizing components for the #aerospace industry. Click: https://t.co/5fdv40Q5CR #aviation #DFAM #3Dprinting #AdditiveManufacturing #ShapingFuture pic.twitter.com/XF9KQvojGH
— EOS 3D Printing (@EOS3DPrinting) March 20, 2019
wickw50,
>>>endra1, Sorry, I’m expecting $1.21.<<<
...the nice powerful double top and the actual situation with Sigma Labs achievements so far after Formnext last Nov in Frankfurt generated lower lows targets than just the normal target of $1.21 unfortunately...
Again the Q: did we see any customer confirming that IPQA is useful and already in real production?
Aerospace: Optical Tomography Enables Considerable Savings in Quality Assurance
https://www.eos.info/press/case_studies/optical-tomography-enables-considerable-savings-in-quality-assurance
https://www.mtu.de/fileadmin/EN/7_News_Media/2_Media/Brochures/Company/001_Imagebroschuere_EN_2018.pdf
“EOSTATE ExposureOT reliably tells us when a part might have flaws. This allowed us to completely remove X-ray and CT inspections in the series production of borescope bosses. Economically speaking, the benefit is huge."
Dr. Karl-Heinz Dusel, Head of Additive Manufacturing Technology, MTU Aero Engines
Volumn is back to normal what means the PPS will decline accordingly...
>>>I have to say there are a few notable pumpers and dumpers on this board and it is very entertaining to read both sides. Keep it up and you know who you are. >>>
ok so enjoy...
>>>>>>>Quote:
Time to play the curve again boys and girls
Of what curve do you speak? >>>>
"...I teached my small one a curve can be a right curve or a left curve...
like CW and CCW...
BTW my small one like to play on that level still..."
Please don't tell your small one you "teached" them something >>>
are you a teacher?
>>>Quote:
Time to play the curve again boys and girls
Of what curve do you speak? >>>
...I teached my small one a curve can be a right curve or a left curve...
like CW and CCW...
BTW my small one like to play on that level still...
Sorry for that...
>>>I'll make a prediction. This week's big news: earnings report date >>>
4.1 first and delayed earnings report date later...
Buy on bad news?
America Makes Milestone, Scott Gold
Quality Assurance Requirements to Aviation Suppliers 22-_10.2013 of Premium AEROTEC (QARAS)
Airbus
https://www.premium-aerotec.com/fileadmin/user_upload/data/Lieferanten/Qualitaetssicherungsforderungen_an_Luftfahrtlieferanten_von_Premium_AEROTEC_01.pdf
This is just an example how does General Quality Assurance in Aviation works...
In Process Quality Assurance software is not yet used and most probably it will take some additional time (may be we are talking about years) until may be it will be somehow accepted and used by the End users...
Nobody like surprises in aviation industries caused by non proven software...
>>>YES! YOU TOO can retire on SGLB!! Get ready!!! <<<
May be you mean easy living on the road without money...
no money, no problem...
What I never understood was the fact that AI our strategic partner never sold any machine with IPQA inside (e.g. APWorks Airbus, GKN, etc) up do date...
I believe Kersten and MC were real friends and partners some time ago...
After MC was removed as CEO and finally leaves the company all that friendships are obviously destroyed (e.g. Morph3D, Materialise, Spartaus3D, Honeywell, Morris, GE etc etc)...
Additive Industries
may be the only remaining real partner of Sigma Labs
https://additiveworld.com/Conferences/Additive-world-conference-2019
...there is still the foto of MC from last years conference and nothing more from Sigma Labs this year...
EOS is not a partner of Sigma Labs regarding to IPQA they only sell one machine to Sigma Labs some years ago...
They did develop there own software together with MTU Aero Engines (EOSState…).
https://www.tctmagazine.com/3d-printing-news/30-years-eos-pioneering-journey-digital-factory-future/
“We have seen that our customers are now on the way to build up digital factories. If they are based on additive, it turned out that the biggest hurdle for the customer to get to production is to collect all the skills and know-how that is necessary to integrate the complete production process. This is why we started to set up EOS Additive Minds and the EOS Ecosystem and constantly expand it,” Langer explained.
“What we want to offer to the customer is a highly productive, self-learning AM cell where we increase the overall equipment efficiency, have clear interfaces upstream and downstream, where we can then interlink with post-processing technologies, whether it is milling, grinding, heat treatment. This will allow an optimised flow of data and parts end to end along the production process,” Dr. Adrian Keppler, CEO of EOS, offered.
>>>and all this happened since 2017 without Sigma Labs...
In the meantime flippers will swing it and inpatient investors and or shorties will push the PPS down...
>>>Still only 9.1M shares outstanding, with a tiny float of around 6-7M. Any news on contracts either with the end users or OEMs and I would expect the PPS to pop significantly.
I only own a few shares at the moment, but will add it it dips low enough for impatient investors. >>>
You will have enough opportunities during nice summer time...
>>>OK, as you stated, this is the big day! well, let’s see what happens.
Charlie >>>
...may be a big drop...
Quality is relatively absolute
https://fit.technology/quality_en.php
IPQA is not mentioned and also not used yet.
No leading AM service company like Sintavia, FIT AG, Honeywell or GE Additive is using it for real production.
Conlusion is, that Sigma Labs IPQA is not useful and not proven for use yet.
Did we entered the quiet period already?
>>>Excellent post. Thanks Ted. <<<
it was good but not helpful to explain the dilution...
J Rice as the CEO failed to deliver some remarkable contracts since he toke responsibility for the company.
How long can the controlling board of this company will tolerate such mismanagement?
>>>Marc Cola and Vivek were all old school welding metallurgists who didn't grasp the nuances of metal AM.
Look at the developments after MC left. All kit on axis, higher resolution and data acquisition speeds.
Have a look at who the chief scientist is at the moment. Dr Pilch is a super experienced guy with laser and spectroscopy. <<<
BTW: how old is Dr Pilch?
>>>>>>Marc Cola and Vivek were all old school welding metallurgists who didn't grasp the nuances of metal AM.
Look at the developments after MC left. All kit on axis, higher resolution and data acquisition speeds.
Have a look at who the chief scientist is at the moment. Dr Pilch is a super experienced guy with laser and spectroscopy. <<<
Interesting can you post some more details about your observations? <<<
how would you compare the IPQA software of Sigma Labs, EOS and Trumpf actually?
>>>Marc Cola and Vivek were all old school welding metallurgists who didn't grasp the nuances of metal AM.
Look at the developments after MC left. All kit on axis, higher resolution and data acquisition speeds.
Have a look at who the chief scientist is at the moment. Dr Pilch is a super experienced guy with laser and spectroscopy. <<<
Interesting can you post some more details about your observations?
>>>Bla, Bla, Bla. I have rarely seen such utter ridiculousness. Free warrants, huge dilution, delisting, lining the pockets of everyone in the world except yourself..... that takes amazingly superior intelligence to be able to see in the figures.
But the truth is that it took 10 units to make a whole number of shares available with the warrants. You can't buy a partial share. So you had to buy 10 units to have the opportunity to net 13 shares. And that would have cost you $18.83, yielding an average share cost of $1.45. Doesn't seem free to me. But then again maybe I'm maybe not capable of looking deeply enough to see free.
All the best,
Silversmith <<<
...I think the company told us the trues about the actual situation with recent official PR's: shareholders have to wait at least one to two years more for real sales, is this not a clear massage?
thanks for the nice summary...
>>>Last June there were about 6,200,000 outstanding shares.
In June 2018 Sigma sold 2,390,000 shares with 717,000 warrants for $2,390,000 ($1.00 per Unit). Those shares and warrants (3,107,000) represented a potential increase of 50% in the outstanding shares. Share price was about $1.00.
Share price dipped in July as low as $0.73, a good buying opportunity for Schwartz and others, even “common shareholders”.
Share price climbed back up over $2.00 in January with some news, but due to lack of large revenues in the news, share price started to decline and more cash was needed.
In March 2019, there were about 9,100,000 outstanding shares.
Sigma sold 1,400,800 shares with 420,240 warrants for about $1,960,000 ($1.40 per Unit). Those shares and warrants (1,821,040) represented a potential increase of 20% in the outstanding shares. Share price is about $1.40.
So the recent investors paid 40% more per unit ($1.40 vs $1.00) than last year and the company was able to raise about 80% of the cash of the previous offering but at a much lower “cost” to shareholders in dilution (50% vs 20%).
Having to raise cash is not ideal but being able to do so at a lower cost to existing shareholders indicates that the recent investors put a higher valuation on the company this year than the investors did 9 months ago.
Simplified calculation of valuation:
In June 2018 the investors got 33% of the company (3.1M / 6.2M + 3.1M) by paying $2,390,000, which would be a total valuation of about $7,240,000 (2,390,000/0.33).
In March 2019 the investors got 16.5% of the company (1.8M / 9.1M + 1.8M) by paying $1,960,000, which would be a total valuation of about $11,870,000, or 60% higher than last year.
ENDRA, I would not consider the 20% increase in shares to be “microscopic”, but definitely not the disaster that some think it is. <<<
...why do you think It is not a disaster?
Is it not a disaster for shareholders to watch increasing devaluation of PPS and decreasing revenue over a long period of time and especially when J Rice takes the lead?
>>>we will see PPS around 1$ or even lower within the next trading<<<
after the dust settles or in other words the coming sell off is finalized after recent dilution without any news or even better without any revenue related contracts may be the PPS will recover temporary as in the past years or not...