Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hopefully they will answer at least 3 of those on their own tomorrow, if not I will ask
CHICAGO, Dec. 2, 2014 /PRNewswire/ -- Materialise NV (NASDAQ: MTLS), a pioneer in 3D Printing, is proud to announce at RSNA the introduction of the Materialise Hospital Solution, incorporating the Mimics® Innovation Suite software, 3D Printing services, training and consultation. Materialise's Hospital Solution will assist with making 3D Printing in hospitals safe and accessible.
**********Their 3D Printing services for anatomical models offers hospitals access to the latest technologies for 3D Printing backed by a comprehensive quality control system to ensure accuracy. **********
To hospitals interested in printing educational models in-house, Materialise can provide everything needed from cleared software for medical image processing to consultation on the available technologies and training for each step of the process.
Are they referring to IPQA?? Sigma mentioned being involved with prosthetic medical equipment and we already know their relationship with MTLS..
Source:
http://investors.materialise.com/mobile.view?c=253045&v=203&d=1&id=1994157
I told my friend to look into the company and it is these same reasons that prevented him from buying in. I agree with everything you said however I still believe the company has fantastic potential assuming the hiccups down this last stretch aren't of any major concerns.
I sold everything I owned in this company this past week. They got me completely and I even refunded my preorder. Terribly ran company where they can't sell a product. I believe the product could be good but not at the hands of Gino and how he has already managed to run this company into the ground and still manage to spend stockholders money to pay pumpers. Apple pay is the way and Gino missed the boat and he knows it, it'll take a massive turn around to ever see profit from this company and even still is be able to pick it up for a cheap price. Sell now and IF you get you're preorder and still want to be involved with them you can always buy back in
Added to my position at .085 this morning. No news I didn't expect and with the average pps typically trading over .10 cents/share any other week this is a steal right now for anyone stupid enough to dump their shares due to 3Q lack of revenue.
Completely agree lol
I'm looking for results from the IHub promo code resulting in 50 free wockets ending aug 31st... Along with first place prize of movie tickets
When are the contest results going to be announced? This ended in August and still no. Word, nor have I received a wocket and now I'm taking a 33% hit... Not happy with the performance so far with this company.
Yes!!!!!!!!!!!!!!!! I was getting a bit worried, but glad I added when I did!
When did you order?
Congrats!!
Good find, just waiting for Sigma to get the PR mention though...
My order number is pretty close to 1310...
My order number is in the 1300s and purchased recently (within the past 2 days)...you sure about this?
What does code give us? I entered code, was accepted but doesn't specify significance of the code.
Why the significant drop in PPS this am?
Not immediately, but am I wrong to assume that since they have a contract to integrate PR3D, that this is a steady stream of revenue once commercialized? Once the revenue is reported to Sigma, SGLB will rise. I dont believe SGLB will raise because of the IPO but because of the revenue from the MTLS contract to integrate.
Thank you for your response. I agree with all of your points completely. I was merely trying to dumb-down what this company is actually doing for the newer investors as it may be difficult to understand. Your reasoning for the PPS where it may be is much more accurate than my generalized statement, however I was more focused on explaining the purpose of the software as it is a bit difficult to understand for some.
No, thank you I thought only official news gets stickied here.
Thank you all for the compliments on the post, we are all in this one together!
First off most people don't even understand what Sigma Labs is doing. In simple terms, we are "3D-Printing", however instead of plastics, we want to use METALS to make sure we have a much stronger product that can actually be used. (You cant 3D-print an airplane made of plastic, because it'll just fall apart and noone would trust to fly in it)
This is called "Additive Manufacturing" and the easiest way to put it is that we are 3d printing metals with the intent to "print" major components of planes, automobiles, buildings, etc..(anything that is made of metal).
Currently, SGLB does not focus on the actual printing of the metal (that is GE's and Honeywell's job), however SGLB has developed a unique software that will INSPECT the final metal product as it is being printed IN REAL TIME, to ensure that the metal is the appropriate composition of whatever metals are being used. For instance... Lets say we have an Aluminum alloy that is 70% aluminum and 30% Iron or something. When GE "prints" a metal part, how can they tell that the product is accurately 70/30 propotion?
Right now, they can't. However this is exactly what SGLB's software will allow them to do! SGLB's PrintRight3D package consists of INSPECT (being released sometime between July-October 2014) and DEFORM (being released sometime Q1 of 2015) Both of these products allow GE/Honeywell/Boeing/Any company that would want to use Additive Manufacturing for their products. Why would these companies want to use AM? For one- it turns 8 steps into 1 single step (EX = GE's LEAP fuel nozzle), but it also decreases the dependency on employees. Instead of 8 people doing 8 different parts of an assembly line, we have 1 machine doing it all in one step (printing). SGLB's software ensures that the product is exactly what it needs to be.
Lets fastfoward 2-3 years. Assuming Additive Manufacturing takes off, which the general consensus is that it will, how will it be regulated? How will governments and agencies ensure that GE's product is adequate to be incorporated into an Airplane that transports their citizens? After all, we are all about the safety of individuals and we are not going to allow a company to build components out of faulty materials. PrintRight3D is the only known company currently solving this issue. Furthermore it is working alongside GE and Honeywell to beta-test/finalize their software at some of the most advanced facilities in the Country. They are ensuring that their product is something GE and Honeywell will actually use.
Keep in mind, SGLB does not have any contracts with GE or Honeywell, they are only testing their software at GE/Honeywells laboratories. That being said, SGLB does have a CONTRACT to integrate their PrintRight3D software into Materialise (MTLS) 3D printers. Since their product has yet to be released, SGLB has not posted any significant revenues, which is shying most investors away, however that will change within the next 6 months, due to the contract through MTLS. MTLS on the other hand is one of the key leaders in 3D-printing in Belgium/Europe, and they are currently expanding to the USA. In fact, next week (approx. June 23d) MTLS will be listed on the NASDAQ with an IPO of $12-$14 per share generating about 104M in revenue. A portion of this will go to SGLB due to their contract and SGLB will have a decent amount of revenue off this contract alone!
Once PrintRight3D is complete, expect to see more companies licensing SGLB’s software, as it will be a necessary step in the production of any AM product that needs final product assurance.
So all this great news…why has it fallen in stock price? Because there are very few people actually selling this stock. They have a very low trade volume compared to outstanding shares. That means everyone is holding onto their shares, and mostly institutional investors selling off their shares are dictating the share price. They do this to lower the PPS and scare off smaller investors to sell their shares so that they may ultimately rebuy or add to their position at a discount! I have been using this opportunity to add to my shares, as I am long SGLB and do not plan on selling until 2-5 years.
Thanks, Feel free to post any questions and I will answer to the best of my ability. Also keep in mind these are my views about SGLB, I am only a shareholder in SGLB, and have no other affiliations. It is up to you to do your own research and add/sell where you see appropriate!
(I originally wrote/posted this here: http://www.reddit.com/r/SGLB/comments/28h482/the_future_of_sglb_buy_or_sell/
however i removed Monkeybuilt's analysis to make it easier to read and b/c we have all already read it here on IHUB)
GLTA! I am currently averaged in at .135 but have no fear of the current slum like most of us on iHUB!
I hope you dont mind, but I copied/pasted your post to the SGLB subReddit, along with some general information about the company!
http://www.reddit.com/r/SGLB/comments/28h482/the_future_of_sglb_buy_or_sell/
Thanks, been long SGLB but this dip has me checking the forums every day now
Sigma Labs has a lot of gag orders in place. I asked Materialise about their IPO and their involvement with PrintRight3D and they could not comment at all about Sigma Labs or the software. They could only direct me to the press release listed below and stated that they could not comment on any matters that are or arnt mentioned in that statement. Just give them some time and allow the revenue to start going and SGLB will take off.
http://sigmalabsinc.com/index.php?mact=News%2Ccntnt01%2Cdetail%2C0&cntnt01articleid=97&cntnt01origid=15&cntnt01returnid=59