2nd most..................;) (My favorite is still SGLB). You must have balls of steel sitting on your current loss- I just put in some test $$ so am only down a few hundred on STTK atm. Good luck to us- I plan to add more when I see an upturn. Unfortunately I have to be a little wary w/ my cash as I'm a teacher and don't get paid in summer- don't want to invest more than I can afford to lose, and don't want to sell other holdings.

I wonder if they'll squeeze them in there...still, sounds like a good place to rub elbows at any rate.

Thanks- I don't have FB @ work. (About to go home now.)

I don't see them?

WOW- Massive EOD buys! What is that, 1.5, 2 million? Crazy trading... guess what they say is true,the best time to buy is when everyone else is panicking. (Except for the sinking ships!) ;)

Keep yelling... higher than avg volume, and, at the moment, we're green ;)

Interestingly, it's the same slope from back in mid/late May... connect the points then to now... It's a perfect line, making the last run an outlier. I suspect our base level will follow that trajectory, with commercialization / significant revenues creating additional sharp spikes like we saw last November. I like to draw two lines- one (already mentioned) as my base, the other, with sharper slope from July-Nov as an upper limit. Barring any unforeseen catastrophes, we should swing back and forth between the two this year. If we get the right news (major contracts, etc) I could see this running to .5, or .6 in the fall, before settling back into .25-.30. As I said before, that seems to be the pattern- massive run, 50% correction to higher base. But this is still penny land so your guess is as good as mine! Near term, I'd be happy with plain ol' .20's - my summer needs funding ;)

What are your thoughts on 3DSIM? (see jpi post 16481) At first glance, it sounds competitive bordering on patent infringement, but since the article was not exactly technical and seemed pretty vague- I don't know what to make of it.

Nice shout-out, but that sounds a little too close for comfort… I thought we had a patent on this?

When is next Q due out?

I agree, in terms of base level- based on the chart. If you draw a line from June to the current pps it's a slow, steady rise. That said, we did have that end of year spike last year (likely getting ahead of ourselves) so I do think we'll see higher than .30 this year for a time- perhaps as high as .50- .60, but briefly. That seems to be the pattern with this stock, massive rise, 50% correction to higher base, massive rise, 50% correction to higher base, rinse and repeat. I've yet to master the swings but hope to get the hang of it next time around.

I amended it after looking at the PrintRite pictures again. Well, to 99.999 % ;) The monitor+chunky box setup is pretty distinctive. I wish I could have gotten a copy of the presentation to show you all so you could analyze for yourselves, but unfortunately all I have is this photographic memory to rely on. (I am an artist, when not working.) Take it as you will.

Do we have an update this week? (If so, I missed it…) Thanks! Also, anyone have guesses as to when the next Q report will come out?

That commercial was in Greg Morris' talk about additive manufacturing I went to see up in Florence. I, too, did an inward "Woohoo!" (especially when, on his slide show under "Inspection" he showed an actual image of PrintRite!) See my posts from a few weeks back. :)

If I had $10,000 in this initially, that's 250,000 shares at .04…x $5=1.25 million, vs 25,000 shares at .40…x$5=125,000.

I will take 1.25 million over $125,000 any day. That's like the difference between one starter house, and 10 starter houses, lol- at least where I come from.

Oh come on, no need to rip on him like that. He's probably embarrassed enough as it is. :/

I agree, #5 most interesting to me.

I don't think many that did their DD expected significant revenue or commercialization until mid/later this year, which is what SGLB has been saying all along. I certainly didn't. I bought in last May due to the GE announcement, and the fact that they had no debt with an incredibly qualified and connected team. With such a built-in network of prior work contacts through Los Alamos, and $0 long term debt, it seemed like a no brainer. They have surpassed my expectations- the continued involvement with Honeywell, as well as America Makes, has been icing on the cake... I don't see why you take such a negative view of their progress unless you were among those who bought in without looking at the company's clearly stated projected timelines. To my knowledge, except for some statements very early on, it has been commercialization before the end of 2014 for awhile now.

:) Sounds like a plan!

I know this sounds nuts but they just might be...If my student's dad can run his business assembling and installing components to major manufacturers w/ just two people, they might be attempting it, esp. if they got their new-hires. I mean, let's say GE put PrintRite on all 50 of their planned machines @ the Lafayette plant... 50 between 15 people can't be THAT bad, if they're all uniform. Will be interesting to see, at any rate!

I think they already have those partners... I think it's listed on the data sheet.... the component sources? Or are you talking about something else? http://www.b6sigma.com/uploads/DataSheets/PrintRite3D%20Spec%20Sheet_REV1.pdf

Great catch, Rounder- I read it before, but seeing it with fresh eyes now... I think this may lay some people's GE early buyout fears to rest, since apparently they can't sell all or part of the company's assets w/o Rockville agreeing to it.

Please don't… someone did that on another stock I'm in and hypes the heck out of it. Good info, mostly, but I personally think it scares people away. It's not necessary when the company page itself is so professional.

Anyone know when the next earnings come out?

Summary of Greg Morris' talk-Florence, KY

After telling a bit about his personal story (history of Morris Tech, what Additive is, how they helped pioneer its use...), he then talked about how GE has been using Additive in their business. My notes are kind of circular (I only had one sheet so wrote in any empty space I could find) so I apologize if some points are out of order.)

Key points:
1. GE is integrating Additive Manufacturing throughout ALL branches of GE

2. Currently, AM has been used on high pressure turbine blades, fuel swirlers, and the nozzles. He noted that they don't want to use additive in parts designed for traditional methods- rather, they redesign parts specifically for additive to make them better, more accurate, and cheaper.

3. On their Land-Based Gas Turbines, Additive has enabled GE to actually realize (past tense-done deal) production of 90 parts in 3 months instead of 12. You should note that Sigma had an agreement with "a Fortune 100" company for exactly this purpose: (http://sigmalabsinc.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=80&cntnt01origid=77&cntnt01returnid=59)

4. On the slide with their timeline, In Process Monitoring and Control was listed under 2014 (!!!) They also had a picture of the PrintRite 3D module under the heading "Inspection." ( FYI-I looked at the image again of Printrite yesterday, and am upping my certainty to 99.99 %… If you look on Sigma's data-sheet, it's pretty distinct, so unless some other company is using the exact same shape monitoring system, the odds are good.)

5. There is a major opportunity for new alloy creation, Ti64, CoCr, and TiAl were listed as main superalloys, along with 12 others that weren't highlighted. Mark Cola has talked about the same thing- someone more motivated than me can find the PR.

6. Rolls Royce and Pratt Whitney are definitely implementing Additive Manufacturing. Morris thinks GE has a slight head start, but probably not by much. [Please note that Vivek Dave worked for Pratt Whitney so that's a nice foot in the door.]

7. Potential Market Morris said that the total global manufacturing output is 10.5 Trillion dollars. Currently, additive manufacturing is only 2.2 Billion of that… which is a fraction of a percent. He said, let's say in the next couple years Additive reaches just 1% of Global output (which is extremely conservative)- that would be 100 Billion! He also said that's why some of the "early adopters" (DDD, SSYS, EXONE, ARCAM) trade at ridiculous multiples- it's partly hype, but mostly based on potential that in this case is very achievable.

8. Ge's current 3D printers being used are as follows:
7 SLA
8 Arcam
1 Polyjet
1 FDM
15 EOS
1 C-L
2 SLM
and… one more company that I missed.

In addition, they will be adding 50 more machines to the plant in Lafayette, IN.

9. One thing I will note- he described the fuel nozzle as a "multi-hundred dollar part" (so click-charge wouldn't be that high…) however, he also said that because they are saving so much money (5x increase in durability, 25% weight reduction) each pound saved equates to hundreds of thousands if not millions of savings over an engine's lifetime. He said they are working on saving 500-1000 lbs on an 8000 lb engine… next in line to be additively manufactured are all the little parts within the engine (underneath that smooth cylinder with the turbine is apparently a big mess). He described the push for optimization as "trying to eliminate a lot of the spaghetti" while showing a cross section of the engine with tubes and hoses all over the place. There are TONS of little pieces and parts that can be printed using AM.

10. He also mentioned that normally with traditional processes there is 90% waste (watch a video of CNC, you'll see what I mean.) However, he emphasized that rather than eliminating CNC, Additive would increase the importance of it, because while all these parts are 'near net shape' they still need finishing. Mark Cola said basically the same thing in one of his talks- how parts would need only minimal machining with the assistance of PrintRite3D.


So, all in all I would say that Sigma Labs is in a pretty good spot. Hearing about the size of the market was certainly encouraging, as well as actually seeing the image of PrintRite on the slide show. I was glad we went. My husband has been invited up Wed. to meet with the bosses at one of the manufacturers' we met and tour the plant, so hopefully our primary objective will be met too :) Thanks for the heads up!!!

It may have just been because of time constraints… though I do have a very readable face. He stayed on the same topic even though he'd clicked ahead so it was kind of funny. The talk was interesting. Not too much new information, though he did discuss that GE is integrating AM across all their divisions, not just aerospace. The gas turbines were mentioned several times, too. I will post more when I get my notes out of the car.

And no, to video it would have been decidedly creepy. It was an incredibly small event, only around 35 people came…not all of which even went to the talk. Its primary purpose was to promote apprenticeship programs in CNC and various other trades, and connect people with manufacturers in the area. We were just trying to get my husband a hands-on internship as he has all the theoretical background (Materials Engineering, Physics, Math) but not much in the way of experience on the floor and this is his last year. Industrial hands on work on the floor is important to people in the Industry. Said one old hellcat "I get so frustrated when Engineers can't solve a simple milling problem without partial differential equations!"

I also learned that a two year degree pays more starting out than the engineers right now… supply and demand. If anyone has kids, may be something to pass along. A particular steel company pays their tech maintenance and milling guys 65k starting out, and their engineers 55k, with 5-7 years before the pay grades cross.

I went to see Morris' talk in Florence, KY yesterday… wrote down the specific # and types of printers from his presentation (unfortunately, in my husband's car) which I will post soon… Nice preview though: He had a slide of their Additive process, and under the heading "Inspection" I am 95% there was a picture of PrintRite3D. It looked exactly like the module on Sigma's site! :) Interesting to note- he saw me looking at it hard and clicked ahead really quickly (I guess it's still hush hush… we were in the third row, with no one in front of us). Unfortunately Morris literally had to run out the door so we just gave him a resume, said a few words. My husband did get some good leads from the other manufacturers that were there, so I'm hopeful. Fingers crossed!

My first thought too...

My husband and I are going, actually. It's just over an hour away and he works for KCTCS part time, while finishing his Materials Engineering degree @ a diff. University. Good excuse to go hear Morris/ for him to meet some manufacturers regarding internships while all the tours are going on.

This is EXACTLY what Mark Cola has been saying:

[you said]

"While the Leap project represents only one of the thousands of parts in a jet engine, Cloran points out that additive manufacturing for metal parts has only been in existence for 10 years, and applications for the technology are expected to increase exponentially, particularly beyond 2018 when the process is expected to be able to use multiple metals to create designer alloys. New predictive analysis tools that identify failure points with computer-aided design (CAD) models, and offers solutions in advance of production will also help. Certification of the new parts is currently a hurdle, says Cloran, but the issues are solvable. "

Compare to our latest filing…

"software “Apps” for reducing design and development cycle times, saving the end customer time and money. These Apps could utilize the Cloud as the future of AM is moving towards data files and part data being stored in and downloaded from Cloud-based resources. We therefore envision extending our competitive advantage in the future by further developing and offering a PrintRite3D® CAD suite of Apps which would be specifically developed to improve part designs and significantly reduce traditional trial and error design approaches for features such as distortion control."


Including our PrintRite3D® technology as part of GE Aviation’s quality control model should provide the necessary "objective evidence of compliance" required by their customer (the F.A.A.) to ensure production quality and process reliability.

and, from the Mich. Tech agreement:

"Along with strategic partners, we intend to develop, test, and launch a customized, low-cost 3D printing solution for metals like titanium, steel, aluminum, and nickel-based alloys."

I do agree, it seems they may be overburdening themselves- that was my first thought, too... but I can only hope they've been holding something up their sleeve- between meetings w/ potential investors, the fb comments, and attending this forum... Personally I don't want to sell @ a loss (I avg. .021) so I'm holding on another couple weeks... surely to goodness SOMEthing has to come of all this. If we're getting into May and still floundering I may have to pull the plug and come back later. Here's hoping!

Alan,

One of my students' fathers has a two-man engineering company similar to SGLB in that they create specialized solutions to speed up production lines, creating software and robotics to customize assembly lines to meet companies' needs. They have worked w/ some of the biggest auto manufacturers, drug, and power companies- traveling all over the Central/Southern US to install and train people in said products. Both are millionaires. (The father has an elevator in his home... it's crazy). If they can do all that with two, I think SGLB will be just fine considering they have 4 full time employees, several consultants (if you call their # you get a 15 person menu), and are currently hiring. Just my two cents.

Shannon

If you don't believe me, here they are: http://gapautomationllc.com/home

Under services you'll find everything from Toyota to Alcoa.

Walter Nicholas letter from attorney

I saw this on another board; letter from an attorney that met with him personally evaluating adequate current information w/ regards to their reporting status. Idk what you make of it, but since that janice shell was going on about his identity (and whether he was real) here you go…

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=118087

Make of it what you will.

I only invested $250 as a trial run so am indifferent on the matter. We'll see where it ends up.
This is only my 2nd MJ play… mostly stick to R&D, 3D printing, tech type stocks. Favorite stock since forever is SGLB (~.16, NO DEBT, + relationships w/ GE, Boeing, Honeywell, DOD). However, a buddy of mine made the 1st wave on MJ, I figure since there's been a dip lately might be time to speculate along w/ him. Buy low, sell high right?

:)

Well, that was a crazy takedown… I walked away for an hour and came back to .026, bout died, then two seconds later it's back up to .04. Weird!

Any thoughts on the footnote about how they have nothing in place to prevent a takeover? I can't pull up both windows at once right now, but just something that stood out to me, considering GE wants to own their pipeline. Thanks!

Thanks! Missed that.

Where is Vivek Dave? (I didn't see him in the report).

You're welcome ;) Sold a smidge for a quick gain elsewhere. Still holding my core.

Isn't our report due to come out today?