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SGLB market cap is 87.8 Million, not 8.8. Also, you said in one of your other posts SGLB had been working Morris for 6 months… It's not 2013 anymore, dude. Closer to a year and a half now. Morris was bought by GE shortly after their agreement, hence, SGLB has been working with GE all that time, official PR was in June of last year. If you want to hear updates on how they're coming w/ the Morris agreement, why not view Greg Morris' presentations (there are several already posted on this board) that clearly reference SGLB as a valuable part of what GE is trying to accomplish. Morris= strategy/business manager GE aviation.
Isn't Group 8 a subsidiary? I know someone said over a month ago that one or some of our execs were part of them. Don't really understand how your subsidiary could loan you money though... http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=216247385
Purty please fill my last 13000.... lol. I hate not-round #s and partial fills... :)
I am going to assume this new patent is for the PrintRite Thermal package...?
Something to keep an eye on (text version). Not sure how much this would actually affect us, but bears watching, at any rate. Thankfully, we are a 'diversified' mining company ;)
Flame retardant industry could substitute antimony if prices rise to $11,000
March 04, 2014 - 15:35 GMT Location: London
KEYWORDS: antimony trioxide , antimony , flame retardants
If antimony prices climb close to $11,000 per tonne the flame retardant industry could substitute antimony trioxide, cutting demand for antimony metal by as much as 50%, according to Dirk Rimaux, commercial manager at Belgian producer Campine.
The flame retardant industry, which consumes almost 70% of the world's primary antimony production, started substituting antimony trioxide in 2011 after antimony prices soared to record highs above $17,000 per tonne, cutting demand for antimony by 35,000 tonnes per year. As prices fell during 2012 and 2013 the push to reformulate eased, but the flame retardant industry could look into starting this again if antimony prices remain volatile, Rimaux told Metal Bulletin. "If people are not careful and speculate the price up they will risk a new wave of reformulation, and then we might end up with just half the market there...
Hmmm…. Something to keep an eye on w/ Antimony #s:
http://www.metalbulletin.com/Article/3315605/Flame-retardant-industry-could-substitute-antimony-if-prices-rise-to-11000.html
I agree… this article seems uninformed…:) http://www.forbes.com/sites/stevebanker/2014/02/26/3d-printings-ability-to-transform-supply-chains-is-years-away/
From his lips to God's ears indeed. The husband and I are eyeing a duplex-I'd be happy as can be with a good run through the end of the month. Exciting stuff in the works :)
I'm not sure how you figure they only have a few months of cash… they just got an investor to fork out millions… plus nearly 2 million in expected revenue from recent grants/the Honeywell DARPA contract. Surely to goodness with as frugal as they have been in the past they're not going to burn through 4-5 million in a few months, when the CEO himself only makes, what, 70, 90k in a year? That 1.2 million from the first private placement wasn't even exhausted by the end of this year. Getting close, maybe- we'll see in the next quarterly report- but not gone.
Me too- we had a snow day :)
Really? That's crazy- late… I guess we'll see, hmm.
Is December's quarterly report supposed to come out in February?
ddm (or anybody) I thought on their latest financials they had less than 30k cash… I guess I don't understand how they are currently operating at all… and also how they can open up a fully functioning mill?
I have a speculative investment here (150k shares… was going to keep it just 50 but it seemed at least in a relatively stable channel so added more). I'm not going to cry too hard if it goes south, and normally wouldn't touch a stock like this one except ddm (who has never led me astray) and all you other intelligent TA people are so gung ho about it it seemed worth a gamble.
It seems like with the sheer value of the properties alone, this company would be worth way more than their current market cap… is it just because all their debt is subtracted?
[Please don't be too harsh at my ignorance… I am 25 and have only been investing 2 years, bought myself a car on the last speculative play; I have a high risk tolerance as I'm young but this is something that's been confusing me for some time.]
It doesn't seem like a scam… I have seen those before, and everything I've seen or read about the company is extremely professional, it's just the financials vs their short term goals that make me scratch my head. Thank you!
I think revenues by the end of the quarter means they would be announced with their next quarterly report… The phrasing would indicate they want the revenues just before the end of the quarter so they don't have to wait til next quarter before reporting them. We may not hear anything til Feb. (Or March… or whenever they post their 10Q.) I'd love an update before that, but won't freak out if I don't hear anything. Just my two cents.
I just meant the chart shape for today looked similar. Not % wise. People would be having a fit if GE fluctuated like a penny stock!
GE is way down today too... wonder if there's a connection?
Not the "lead," but SGLB is necessary due to their patent: See the line-
"through the maturation of an IPQA technology solution that leverages a development approach, incorporating multiple AM machines and multiple super alloys."
Maturation, meaning, the technology (Sigma's) already exists. Sounds like the groups are trying to synch Print Rite across multiple machines and metals so you can have an entire multi-piece, multi-material part made in a very short amount of time.
I thought that he said it was in addition to the 2 already being evaluated at GE? (According to said poster…)
Either way, it was good news and I agree- with all the news we should have kept our pattern- way undervalued IMO. I had been expecting .3 ish after what I mistakenly assumed was just an ordinary, short term correction. (Oh how I've kicked myself these past 6 weeks…) sigh. Hopefully it'll get up there again before long. Seems to be on its way so far…
GLTA!
The date on the video in the beginning shot says it is from 2010. Weird they'd just repost it now… Very misleading.
DDM- FLPC looking good today... The more I hear about this company the better it seems (whoever posted the sheer size of the mines, nicely done...) The one thing that concerns me is when going through their financials, it sounds like they are/were severely in the hole... I assume they'll have lots of new revenue coming in this quarter, but what are your thoughts on their cash/ debt?
Ddm- saw this on your page awhile back and took a bite- :) Thanks (again)
What do you think about that other stock we're in- big news today, price still being stupid, I can't make heads or tails of it. I can get private messages, just not send them. Thanks!
He also said: "We expect additional PrintRite3D® business from this customer as well as with a variety of major aerospace companies over the near term. We look forward to helping all our customers achieve their critical quality control goals for 3D metal printed parts."
Near term would mean within a quarter, I'd think. He's used "medium-term" to describe 6 months before.
Also, someone on here posted a supposed email response from him saying these 2 PrintRites are in addition to the two already placed at GE from last 10Q. If that is true, we're looking at a pretty exciting next few months.
No kidding!
I wish I had the fortitude to just not look at it for 6 months but can't seem to help myself lol.
Anyone know when their annual report comes out?
Touche....
lol.
I'm not too worried about going broke. Anything over .06 is profit for me.
I just think if we can get past this stupid wall in the next month, the trajectory will resume.
I could be wrong, and it could implode or stay sideways longer, but if/when we go back up to .28, .5 won't seem so far away.
Personally I've just been kicking myself because I had sold quite a bit at .27, but bought back in the weird thanksgiving dip thinking that was the end of it... had to average down since.
If I'd just kept the cash and got in at .14, I'd have almost doubled my position. :(
Short term gains are taxed as regular income. The highest income bracket I believe is 39.5%, but for you it may be 25%... it depends how much money you made that year. A million dollars would be the highest bracket for sure.
Imagine you were one of the investors who had 10,000,000 shares. That's 1.9 million @ .19. Do you sell in January, with a short-term gain taxed at income rates of 39.5% (Paying 750,000 to the government...) Or, do you wait til later, say, July/August, when the shares will likely be, conservatively, .50 + (if we hit our previous highs here in the next month or so). Getting a $5,000,000 payout taxed at only 15-20%?
I would gladly take 4.25 million over 1.1 million any day.
Ha ha! Nice! :)
Thank you!
And, you deserve it. I can think of at least a couple times in the past year where you've called it down to three decimals. I will look into what you mentioned.
Thanks again!
DDM- glad to see you still around. Meant to consult you last week as you always seem to nail the TA. Would love to hear your thoughts. I'm getting better at spotting tops/bottoms; though haven't executed as well as I would have liked. Sold some of my 'trading' shares at .267; but bought back way too high with that weird dip around Thanksgiving where it dipped and rose again... then held all last week like a dummy, finally compounding a little bit Fri/Today. Did you see that coming too? Is there a name for that kind of dip/rise or was it just holidays? How can you spot it? Are there certain indicators you use? Thanks in advance!!
Yes, it's a flat rate no matter what kind of stock you're buying. Also, the minimum is $500 or $600... don't remember which. It also gets cheaper for people who do lots of trades, or options.... The details are on the site.
Same here... I wish I'd sold my trading shares at .27 though. I DID sell them, but then that weird dip+rise at Thanksgiving threw me off so I bought more :( Dumb mistake. Still sitting on a triple though, so can't complain.
On the bright side, my TA is getting better. Thanks a lot to some of the things mentioned on this board :)
58% short volume... Also, article...
http://otcshortreport.com/index.php?index=SGLB#.UrKR-DnhCuU
Thanks for the article- note that SGLB is part of the supply chain... that's what they presented on @ the Additive/Aerospace summit.
http://sigmalabsinc.com/uploads/Events/AdditiveAerospace_bro_proofV4.pdf
Good news is that if they ever do create their own printer in the future, GE needs plenty of them and is looking to invest in others. :)
Nice to see some actual #'s... good find!
Thoughts on DEFORM/the joint venture....
PrintRite's aim is to Inspect parts/control the deposition. If you look at the data sheet, you notice that on pg 2 are a bunch of companies who manufacture different parts of their components.
The new joint venture is likely due to the fact that they need a different sensor to get that specific data for Deform; however, the overall machine is the same shell/ basic framework as Inspect. (And QS, for that matter.)
This would mean that in the future data sheet we'll see a Metronics logo on the data sheet along with whatever other equipment has gone into their machine.
http://b6sigma.com/uploads/DataSheets/PrintRite3D%20Spec%20Sheet_REV1.pdf
Remember that Sigma has no in-house manufacturing... They're part of a business incubator in NM... There's no large scale production line, so they special order the hardware and make the machine to suit clients' needs. Very similar to what one of my student's fathers does, except he deals with robotics and the software that controls the machinery- special parts, sensors, controls, tailored to major manufacturers, each with a different setup. He makes bank.
If it's simply a matter of getting new sensor and adapting their program, I can't imagine it would take that long to get it to beta phase. I expect commercialization in Spring.
Just a theory.
Agreed. I thought the revenue seemed low for two sales, but probably has to do with the fact they're under a JTDA. Still, nice to know they're using it. Also, remember that Sigma envisions an Intel Inside model, and possibly a "click charge" (small fee for every part printed using their software.) Having the machines there and in operation is a major step in the right direction, particularly since GE plans on 3D printing their largest order ever.
Technically, they did sell 2 PrintRite machines...
From the 10q:
"We expect to generate revenues primarily by direct sales or licensing our technology solutions to businesses that seek to improve their manufacturing production processes and/or manipulate and improve the most functional characteristics of the materials and other input components used in their business operations. However, we presently make no sales of these technologies and generate no revenues therefrom, except for license fees payable to the Company under the exclusive license agreement with Allotrope, and sales of two of our PrintRite3D® systems to a leading aerospace company for use for test and evaluation purposes with respect to 3D metal printing.
I assume that company was GE, so it is currently being used.
On their latest SEC filing, it said they sold 2 PrintRite systems if I remember right. I assume to GE.
A lot of people buy Sigma because they DON'T pump...
Makes them different from all other penny stocks- the growth is organic.
Having over-zealous fan pages makes it look like a scam.
Patience.
Slow n' steady wins the race.
I think if the company wanted PR, they would issue PR. Why not wait until PrintRite is announced, THEN diss everyone else? They are keeping quiet for a reason and it's really not a good idea to keep pumping like this. What if something goes wrong and all these people bet the farm on your blog? Delays, etc? That'd be on you. Did you ever call them?
Careful JJ- publish too many details and those companies might take the research and try to circumvent the patents. SGLB is under the radar right now. More eyes= more volatility= more slam articles from stupid Seeking Alpha= a lot of other problems down the line. Please don't say anything too contentious. Gary has a nice way of being positive but not over the top...