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Love the casino atmosphere here :) this may be a dumb question but is Chris Witty allowed to tell us O/S or the numbers, or does this have to wait until the 10K?
Thanks
Thanks MB.
Is this competition?
http://3dprint.com/46631/miadditive-manufacturing-software
Thanks for any replies.
GLTA
From the article I just linked to: really like the last two paragraphs about contract printing and in quality processes, both fit into sigmas wheelhouse.
While there have been false dawns before for 3-D printing as a whole, companies cannot afford to be complacent. That will be especially true if the expected benefits to innovation are not only magnified by cost reductions but also bring into scope whole new industries and product categories. CEOs and COOs above all need to examine the readiness of their companies for a future in which a range of integrated digital technologies (of which 3-D could be one of the most significant) will dominate manufacturing and competitors will probably be building additive manufacturing into their value chains. That means focusing on better organizational cohesion and considering partnerships with external organizations (such as local contract-printing bureaus) that have the necessary technical expertise.
Beyond the C-suite, companies should build a group of executive champions within the engineering, quality, operations, and procurement units. Some aerospace and medical-device companies, for example, already have teams scanning their entire design portfolios for parts that could benefit from this technology. Furthermore, the introduction of 3-D printing into complex manufacturing environments would require big changes in quality-assurance and control processes: companies would have to replace old protocols relying on extensive up-front testing and validation of traditional production tools, such as molds. Since additive manufacturing reduces or even eliminates the need for these tools, organizations must understand the steps needed to satisfy their quality requirements in the future.
Very interesting research into how companies feel about industrial 3d printing. This demonstrates to me the value of sigma having there own EOS printer to show these companies through demos and prototyping.
http://www.mckinsey.com/insights/manufacturing/are_you_ready_for_3-d_printing
Sorry, thanks LGik for that, best for last?
Additive World Conference Sigma Presentation.
I know this information has been posted that Mark is speaking but I just saw the conference website with abstracts for all of the talks and it was very informative. I like how Mark is speaking just before ARCAM hope we can get them in our camp as well.
http://additiveworld.com/Conference-series/Additive-world-conference-2015
GLTA
I am a little more optimistic and drinking more of the kool-aid, but that was a very fair assessment. As MB says maybe we will just end up being a good machine shop. Either way I think it is worth sticking around to see. JMHO.
Good luck with that, I am sure Honeywell and America Makes who issued the contracts to sglb will be happy to hear that they are under investigation.
For those who may be interested and are more technologically savvy than me, big report on 3d printing:
http://www.prnewswire.com/news-releases/3d-printing-2015-2025-technologies-markets-players-300038717.html
How did your meeting with DOD IG go yesterday? If the board could get an update on this that would be great. I see that you also launched one of these in 2011 against another company, how did that goes as well.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67755749
Thanks for all of your efforts.
Happy Friday and GLTA.
Hi LV, appreciate all analysis and sides of the story, I am still learning this game. So with your opinions on this stock is there a level you think it is a good investment where you would get in?
Just researching UTC aerospace because they are a part of Additive Manufacturing Consortium (AMC) who may be coming in the fall to Sigma for the meeting and saw Dr. Dave worked there (my apologies if this is common knowledge here).
"While at Pratt & Whitney / United Technologies (UTC), he developed proven on-the-floor troubleshooting experience working closely with mfg. customers and union employees to resolve production welding, brazing, and heat treat quality issues. He was on the team that successfully developed and deployed adaptive process control for welding of parts for the F-22 Raptor’s engines. He was also selected for the UTC Advanced Studies Training Program, the United Technologies Corp. flagship program for training technical leaders."
http://sigmalabsinc.com/index.php?page=vivek-dave
I know people have had there issues with him, including myself, but it may come in handy to have a former employee of UTC who they seemed to think highly of working with Sigma. (In whatever role Sigma is calling him this month.)
Thanks MB. Appreciate the expertise. This is also just the aerospace industry. I am definitely in for at least 2 more years to see this play out.
Here is just another example of GE going big into 3d printing. There recent investment in retooling for additive manufacturing is impressive, just hope they remember sglb in the process.
http://www.gereports.com/post/110927997125/ges-new-flexible-factory-in-india-is-changing
Hi Rounder and MB,
Thank you both for all of your great links, DD and information. As an investor I am pretty confident (nothing is for sure) that sglb will get contracts with GE and Honeywell and others would then follow. But my concern is that I know very little about the pricing of PrintRite3D. I know this has been discussed in the past about clicks and licensing and per part, etc. My worry is that sglb could be successful in getting all of these contracts with the big guys but not end up justifying all of the shares we have outstanding. I appreciate all the time people spend on this board to link to DD and if anyone has any layman way of explaining what they think sglb could charge that would be great.
GLTA
It was stated that this investigation could go to the top of the pentagon and the hill, for all of our sakes I truly hope the brass at the pentagon have better things to worry about
Good call Rock, the DARPA contract is with HON, so is this also an investigation of HON, which the government spends 100 of millions of dollars with on defense contracts.
Aerojet Rocketdyne youtube
This is largely why I am still invested in sglb,
http://www.seattlepi.com/default/article/Is-General-Electric-1-Step-Closer-to-Its-6071278.php
If sglb can get its foot in the door with GE and just have a small fraction of action in the orders for the leap engine it could be big, then again it could not be. This is my first pink sheet investment and I am learning that this is the wild west.
Thanks Chef for your great work. Have to admit that street view was a little jarring. I have also found that Chris Witty uses this address
Darrow Associates, Inc.
Chris Witty
101 West 117th Street, Suite 5C
New York, NY 10026
(646) 438-9385
cwitty@darrowir.com
Street view looks like a business building, home, po box, I don't know but a little less like the bad part of town.
Maybe this is a good business move for SGLB, less expensive IR relations. Chris seems to be doing the job.
I have been looking at Darrow Associates today and the companies they represent and they seem legitimate. I cannot find negative stories etc. about them. This does not mean there is not some. I would appreciate if others looked into this further who have more investing and pink sheet experience than me.
Thanks again to everyone for all the DD and information.