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Siemens ? Baker Hughes ?
I’m curious about the “employee retention target” incentive in Ruport’s contract.
How many employees have left the company since January 1, 2021 ? What were their roles?
There are 2000 companies in the Russell Microcap Index. It is ridiculous for you to contend that a few companies can skew the index and thereby influence the price of Sigma and all the other 1990 or so companies.
I don’t understand your attempt at defining index prices. What is a “company’s entire market capitalization” if not share price times the outstanding shares?
And furthermore, Sigma is not being added to the Russell 2000. It is being added to the Russell Microcap Index.
Ok. How is the price of the index determined ?
You’ve got it backwards. Individual stocks determine the price of the index. Not the other way around.
Does the DJII determine the price of the individual stocks ? Or is it vice versa ?
Thank you, Silver. Your input is appreciated and valued.
Page 8 of the 10-k, issued on April 6, states that as of April 1, 2021, the company had a total of 4 employees including the CEO, the COO and the interim CTO. Only 1 of the 4 employees was full time.
So, this company has one full time employee. With $15,000 in revenue for 1Q of 2020 and no revenue for 1Q of 2021, maybe they don’t need any more employees
I saw the 8-k filing on April 6 and posted a comment that day about Antony’s departure, but I never saw an explanation for his “resignation.”
I knew he was gone several weeks ago.
That kind of suggests that the bridge project, Herelab, and the purported deals with the Japanese biotech and Big Three automotive manufacturer may not actually amount to much
It appears Antony is unemployed. Would he have left OXYS If he thought the future was promising?
I’m just trying to reconcile your previous declaration that you actively trade 5-10 stocks every month but spend a lot of time almost every day commenting about only Sigma
It sure is a small team. Isn’t it now four part-time employees after the recent resignation of the part/time CTO.
The CTO, Tony Coufal, must not have much confidence in the company’s future or its ability to pay him. Bailed after 3 years of virtually no revenue.
That’s not a very profound answer as to why the company increased it’s headcount by 50% in 3 months.
The 10-K states that Sigma had twenty (20) full-time employees as of December 31, 2020.
On the conference call on March 24, I thought I heard Ruport state that the company now had thirty (30) employees.
That’s a fifty percent (50%) increase in personnel in a short period of time. Would seemingly indicate that the company anticipates a big increase in business activity in the short term.
You really believe that ?
Texas, too !
The investor summit is the day after the earnings report and conference call. Interesting timing.
Step out from behind your shield and identify yourself instead of posting anonymous insults.
There is a difference. He was disparaging the company’s CEO - not some anonymous poster.
I don’t like any of the name calling on this board but there is a difference when someone is specifically identifying Mark Ruport or other known individuals.
Why do you have to name-call and be so disparaging? It reflects poorly on you and anything you have to say.
The 1-10% estimate we’re talking about had nothing to do with the price of the stock. It was the estimate you presented as to the number of parts that would require PR3D.
How do you arrive at your estimation of 1 to 10% ?
The high end of your estimate is 900% higher than your low. That is quite a range and not normally found in well documented estimates.
How many shares did you have to trade to move the market?
You did not read the S-1 properly and are way off in your assumption as to the number of shares Carl Schwartz owns.
Carl has 328,156 shares (plus warrants to obtain more shares) or just under 5% ownership.
That is post-split.
You clearly didn’t read the S-1 or understand it. He did not exit or sell shares. His percentage of ownership simply changed due to the recent increase in number of shares outstanding and that required the filing.
How do you think that explains it?
You call lowering the conversion price to $0.01 good news ?
You should know that the buyer, not the seller, usually is the one demanding the NDA.
I believe reporting requirements are that 10-K be issued within 90 days following the end of the FY, which would be March 31.
Last year the 10-K was issued on March 24.
But rarely, if ever, 1000% out of the money.
You (or whoever thinks this is a smart hedge) would sure lose a lot of money covering at $40 after shorting at $4 or $5.
Frankly, your scenario seems absurd. Makes no sense.
If not retail investors or traders, who do you think is paying .50 or .60 a share for the equivalent of a Feb 22 $40 call ?
Thanks for sharing your story. I too initially became interested in ITOX a few years ago because of their collaboration with SGLB. But, as you point out, management of both companies changed and there is no longer any association.
I invested in ITOX last summer but quickly disposed of all my shares after finding out they were consistently late in their SEC filings, had not been able to pay employees, defaulted on loans, had not paid their rent, had minimal presence in Cambridge, the fact that the CEO and other officers were only part-time, the fact that the CEO’s business address is listed as Dennis, Mass (on Cape Cod) and that they had virtually no revenue.
I still follow ITOX and post occasionally because I think it is an interesting story in a very negative sense. I feel sorry for all those who may be influenced by the yet unfounded hype generated from time to time on this board. It’s just my opinion, but I think ITOX is a calamity. It’s like waiting for the train wreck to happen.
What kind of leverage do you think buying the warrants would provide?
Thank you, GR1D.
Given the recent increase in volume and spike in price for the warrants, there are a lot of buyers who either:
(a) misunderstand the conversion and exercise price of the warrants, or
(b) expect the share price of the common to exceed $40 within the next 12 months.
I hope it’s (b) !!!
Price action on warrants seems unexplainable.
It would seem the conversion price has to be:
(a) 10 warrants convertible to 1 share of common at exercise price of $4.00 per warrant, or
(b) 1 warrant convertible to 1 share of common at exercise price of $40.00 per warrant.
Email for Gersten, the Director of IR, is:
Investors@sigmalabsinc.com