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I thought you only held a "single share" ?
Question: What was it that Mark mentioned about some sort of naval research award? Office of Naval Research, maybe? Some big project they were applying for? Anyone know details or how much? I remember him mentioning it when asked why they didn't apply for one thing (it was time consuming and not much money) but then he talked about applying for another- much bigger/more lucrative project.
My money's on Monday... ;) eom
I actually think it's easier now, personally.
Also didn't they just bring on that young guy specifically to handle contract printing orders? Due to demand or something? [Someone had that linkedin post a week or two ago...]
Millions of shares have changed hands at 4.50 these last two days.... Hope it becomes our new floor, lol.
Maybe? What is ARCA known for? HUGE 1500 order ATDF (whoever they are) too... Perhaps could be something to do with the fact that Sigma is at that one industry event this week...? Thinking tomorrow will either be REALLY GOOD or terrible lol can't tell which way it's going... but I think someone said we present tomorrow also?
Interesting times, certainly.
Whoa, what is this volume? Something afoot?
Nice catch!
NIIICEE!!
I typed it in but nothing came up? Is there a link or some other code word? Thanks...
AWESOME FIND!!! This is huge! :D
For instance-- our machines at Trumpf and 3d material tech confirmed per 10-K..... ;) Surprised they never PR'd it (would've probably helped in the winter lull...) but good to hear all the same.
Thanks Alan! But it's actually INSPECT that deals with the metallurgy.... http://sigmalabsinc.com/uploads/DataSheets/Sigma-ProductSheets-INSPECT.pdf
Contour is the geometry/CAD model comparison.... http://sigmalabsinc.com/uploads/DataSheets/Sigma-ProductSheets-CONTOUR.pdf [I guess in order to accelerate adoption and compete with existing camera-based modeling?]
I thought it was the other way around too for the longest time, but per their data sheets, that's how it is...
That's really good news since Inspect is the seemingly more verified/ proven one...
I think THERMAL will be a big deal, too.... That'd be a biggie in a lot of safety-critical industries.
Whether they're effective or not remains to be seen, but given the connections they continue to make I'm inclined to think a lot of companies are willing to at least give them a shot. Honeywell certainly seems pleased so far. I wouldn't underestimate people who have been doing advanced metallurgy at Los Alamos etc for decades-- this is just a building on/ culmination of all their life's work.... if anyone could do it, they could. [At least they have a lot better shot at it than GE doing something in house as they turn over their crop every five years... lol. Kills me that they just fired those 1500 development engineers near Cincy, only to start advertising on TV for new talent.... but I digress...;)]
As much as we'd like to hurry things along-- this will be a very long-term process of adoption. All 3-INSPECT, CONTOUR, THERMAL-- I believe will be needed in order to get the FULL profile, but I'm sure some will only need one or two, and being able to eliminate even one or a couple testing procedures in the near term would be a boon as companies start accelerating their production. The less destructive testing/sampling required, the faster the parts can be verified. The good news is that compared to camera based models, etc--Sigma's use of physics/metallurgy is a major major advance.... They are starting to get a stake in the market now, and once they get all 3 complete-- it's off to the races, IMO.
The raw materials would be the components they get from their suppliers. PrintRite3D is a software program. It uses Sigma's "SensorPak" which is the hardware that sits on the actual 3D printers to gather data/relay it back to their proprietary software. This "SensorPak" is a combination of various 'off-the-shelf' components-- they used to list their suppliers on the data sheet on Sigma's website, though it looks like they've since updated it. They order the components from suppliers (hence 'raw materials') and assemble them at their facility, tailored to whatever machine configuration the customer (Honeywell, Aerojet, whoever) needs. The SensorPak is the hardware, but the main product Sigma provides is the software-- that is what sets them apart from everyone else. Because it is based on decades of physics/metallurgy--it provides a far more advanced, real-time verification of quality assurance. I asked my husband (also a metallurgist, in Quality) about that 3DSim slideshow someone posted the other day, and he pointed out where it notes that just because a part might match the CAD file (in terms of its geometry) that does not mean that its internal structure is up to spec-- that is to say, you can have two identical parts with very different strengths/properties based on minute differences in how they cool etc.-- and so what Sigma does is provide the metallurgical profile of each part as it's produced, so that companies don't have to spend time doing sampling, tensile tests, etc, and potentially scrapping whole runs when a part fails to meet their quality standards. It's very LEAN, if you will. The partnership between Sigma and 3DSim is really cool to me-- because 3DSim provides the metallurgical profile of what it SHOULD be-- and Sigma verifies what it IS--- all in real time, even going so far as to predict failures before they happen. [Ex: if the 3D printer starts getting out of whack and needs to be recalibrated-- you can catch it right away, not after 10, 100, 1000 parts go through-- based on the real time metallurgy results.] Pretty neat.
The two could be related. I mean if they really wanted to raise capital-- maybe it's so they can do it At the Market if/when the time comes? Idk about the DOUBLING, but it seems the current AS isn't really enough. Perhaps the will need a particular amount of cash in order to get onto NASDAQ? Additionally, purchasing x # of printers at 750k or whatever it was could be in the cards too.... both of which would be assets. Just a thought. I'm inclined to think it's more just an increase for investment purposes and to assure certain parties involved in our (supposedly pending) contracts... but even the above case would make sense from a business perspective.
I agree.
Your math is same as mine, though like silver, I'm more ok with it....
Because it's reduced proportionally-- would be 7.5 million additional authorized, I think. Basically double what's presently authorized, right? [Authorized, but not issued/outstanding]. Old AS=750,000,000, proposed AS=1,500,000,000 divided by 100 (R/S)= 15,000,000 total proposed AS....15 million isn't so terrible psychologically, but could still impact value near term. I doubt they'd actually that much though.... have been pretty frugal thus far.
Based on what my husband (metallurgist) has told me in random dinner conversations, it sounds like this will be very useful. Sort of like Comsol for AM... plus Sigma's real-time comparison/verification that the part is in spec with the model.... A nice marriage of simulation/design+QA verification in a single app... rapid qualification of parts.
Also found this from 3DSim: https://fabricationmecanique.files.wordpress.com/2014/11/3dsim-information.pdf
Helps explain a bit of what they, too are doing with GE/Honeywell/DARPA.... glad we are working together. 3DSim and Sigma are very complementary.
I like that they're trying to compile all the materials properties based on the physics and metallurgy of it all.... I can't believe there's not some database. [There's lots of data, tables, etc for individual materials and types, sure- but in terms of having one big, cohesive source for additive-- it's just crazy to me that they're not farther along... like, how do we make anything that functions? lol.] My husband did both engineering AND physics so is always interested in the science behind the practical application...
I'm going to ask him when he gets home about this slide show to explain it to me. :)
Yup... looks like they're playing the little intraday swings on the daily chart. But overall been a nice EOW. Much better than yesterday, anyway!
Compared to what the volume was (proportionally) pre-split, we're trading like crazy. (Going on what would have been 2 mill now). [That's not like CRAZY-crazy, but I seem to remember a few barely over 200 K days during that long, narrowly trading amongst ourselves slog.... will take this over that any day!] Let's hope we can sustain it in the coming weeks.
That is, if NITE would get out of the way....;) (someone must still be accumulating). Liking this volume though....
Awful lot of grandparents on here to be generalizing everyone as young. lol. Most of the 'regulars' are uh..... 'over the hill...' , mid/late career or retired, with money to burn. This is probably the most dispassionate, well-researched board on iHub, minus the traders who pop in with phony backstories of 'been here for years' to (far more emotionally) insult the board and yell the sky is falling...lol. Our friend Alan is the exception--and is about the only well-reasoned pessimist on here.
I vote this gets stickied! :D Hear, hear, Silver! The Trumpf, the 22% recurring revenue after sales component, still-financially-set-for the year on backlog alone, bullish pipeline talk, and completion of Materialise proof of concept/compatibility jumped out at me also.... and the rest-- really great reminders for everyone. Also.... like your projections! Thanks for posting!
Well that's an interesting turn of events..... I should deep clean the house more often. haha. [Just came back and saw this]. Wonder if something's happening Monday?
If the value of the company is the same, they should both still be doable... because it's all been done proportionally. Personally I think that if Sigma really is for real- that is, that their tech becomes the de facto standard and all the other stuff that gets talked about on here daily-- if the GE/Honeywell/European/Chinese/DoD connections play out as hoped/ expected--- a share price that allows institutional investors to hop on board puts us at a much greater, or at least more timely, chance for appreciation than we had in the few pennies range. It sucks in some ways and probably will be a rocky few months up and down-- but I'm still very interested to see how the rest of this year plays out. Mark was very bullish regarding projections. The thing that stuck out in my mind, was that he mentioned even if they got no further contracts this year--- which they do not expect to happen-- even if nothing else happened, they "would still end 2016 on a positive note"..... they also JUST made a new-hire this week regarding contract printing, so I'm thinking there's quite a backlog/ multiple cards up their sleeves.... Here's hoping at any rate, haha. I, too, think China may have had something to do with it.... but I also think-- and believe Mark mentioned-- that a higher price (and pending uplist) is important for obtaining certain contracts from these big fortune 500 companies... whose boards and corporate decision makers would likely cringe at dealing with a company whose shares are only a nickel. lol.
To those crying foul and scam.... I find it very hard to believe that a Los Alamos scientist/ metallurgist/ engineer--who has worked for decades to build a reputation among government agencies, and is now being recognized by much larger players in the corporate world-- would deliberately be seeking to defraud investors or harm the little guy who's been supporting him all this time. He seems very aware that these are actual people-- much more profuse in his thanks than your run of the mill CEO-- and has deliberately run a very tight ship. I think the fact that the company still has ZERO debt is evidence that he really cares about its fortunes. While debt would have been a way to raise a lot of capital quickly-- in terms of long term stability he seems to be pretty invested in making the company something special. If he was in it just for retirement money and not for the long run, they'd have been bought by now.... instead he turned down GE years ago, in a much more tenuous position, because they "didn't know how to value them" yet, and, as a scientist/engineer he had only just begun this culmination of his years of research. That to me speaks volumes.
Ohh-- thanks Driftin!
I'm pretty sure they're aiming for NASDAQ since they mention it in their filings.
E-Trade took their $20 person-still-holding-during-reorganization fee (Which seems crooked to me) just a few min ago, but still no new shares have appeared. I need a new brokerage. This is ridiculous.
Stupid E-Trade. GRRR.
Did anyone get SGLBD shares? I still don't have mine, and it's showing the value under SGLB as 0.00. E-Trade says the company still hasn't transferred them. :( WTH
Brokerage says SGLB still hasn't transferred over the new R/S'd shares so it's showing up as nothing.... Does anyone have theirs? Someone has to-- who is doing the trading?
He definitely acted like it was really important on timing..... like there was some specific reason for it. Whether that reason was Rockville twisting their arm (not good) or some sort of big contract news/ uplist in the works (very good) remains to be seen... lol.
I emailed Witty that it seems odd to do R/S without something in the works since OTC is notorious for taking value to nothing after R/S and asked if he could comment any further about timeline to uplist. He said:
"We cannot talk to timing just yet… We are working towards this goal.
Best,
-Chris"
Which tells us exactly nothing.... lol.
Mark also mentioned its importance in terms of getting company contracts.... which made me think maybe there was something coming. Did you notice on the appendices in their filing that part of a couple employee's pay is performance bonuses--- and there is a table, I forget what figure, where it lists different companies (GE Aviation, Honeywell etc) with categories and milestones: First 18 months-- 30 PrintRite3D Installations= x amount of bonus.... 30 PrintRite License agreements=x amt of bonus..... I can't post to it, but it's in the exhibits section for anyone who cares to look.
I want to say those were in Fisher's section.... but since I can't pull it up right now maybe someone can double check me?
I also don't know when the person was hired, but the date is in there too. (I read it really late last night).
Anyone know how long it usually takes brokerages to finish this process? I'm gonna be very unhappy if E-Trade is still unusable tomorrow.
Well, so far not terrible considering not everyone can even access trading at the moment. Wonder what tomorrow/Monday will bring.... also.... the volume yesterday..... was that all the daytraders fleeing? Seemed freakishly high relative to what it's been. This low liquidity is going to be weird though. Guess we'll see what happens when more ppl's accounts are available.
Anyone know when ETrade shares convert to SGLBD? Still showing my old # of shares with zero value.... Wouldn't have thought it'd take this long. Other brokerage people-- are you able to see/trade the new ticker in your accounts?
Umm-- now even SGLBD isn't showing anything. Still .0521 and 0 volume.... can anyone see whats going on?!
They said I'm going to have to call in any SGLB trades today because something about paying out shares and the ticker transition. Lame. :/ [Haven't placed any...but it's good to know.] My account for the ticker keeps showing 0.00.... freaked me out lol, but I can get the regular quote via search by adding the "D"
Anyone having trouble with new ticker/Etrade?