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There should be a good joke in there somewhere TedJ. Can't you just imagine the poor AS or ISO quality auditor trying to jump back and forth across NDE and DE specs while looking at a part-run histogram for PR3D. Lets see now, PR3D was passive for thirty minutes, so that's under the NDE specs. Then, uh oh, PR3D loop feedback went active here, so that's under the DE specs. Lol.
Anyway, I wasn't implying that PR3D was incapacitated by falling under DE for closed loop. Not at all. I was just surprised from a science standpoint that the classification would change at all.
I am interested in it from the science point of view.
All the best,
Silversmith
I find it very interesting that NASA tentatively categorizes closed-loop IPQA as residing outside of the NDE realm. I never even thought about the implications of closed-loop interference. It's a head scratcher for me. Why would a feedback loop move the process from NDE to DE? Any thoughts TedJ, any other engineers?
All the best,
Silversmith
Very nice.
This thing feels more and more like it is good to go. The tea leaves show it. If you make a statement about your company and products when the reality of it is very murky, depressing, not working out, mostly unsure, largely unlikely, you don't use words of strength. You use words like 'we believe', 'we expect', 'we hope'. But Rice is now saying he 'strongly believes' PR3D will be an important enabler of IPQA for the AM industry. They just keep marching forward. Sales are not far off people.
If you have a meaningful position in SGLB, just sit back and watch what could be sublime wealth enter your lives over time.
All the best,
Silversmith
neweng,
I have no insight into the questions you asked. I am not a trader. I am an investor. I have no idea what the correct way to trade will be for the questions you had.
All the best,
Silversmith
neweng,
I let my private messaging subscription expire here. Why don't you private message me your email address and we can start there by email.
All the best,
Silversmith
I was revisiting some earlier information about the metal AM industry when it became clear that network theory and game theory would have long ago predicted the slow nature of the evolution of the industry, including SGLB's business in it.
Jackle's early-on dot-plot graph of SGLB's business relationships is something straight out of network theory. Networks follow some fairly defined patterns and behaviors- almost rules- in how they grow and evolve. One of the things studied closely is the method of the rate at which new ideas, technology, beliefs, innovations and even contagion diseases travel through networks(humanity). Everything from outright crushing resistance, to something 'going viral', follows identifiable paths.
In the case of the metal AM industry, the corporations and the leading people involved in metal AM are the 'nodes', and the interconnect relations between the companies and the people involved are the 'edges'. Obviously nodes and edges are terms from network theory. But the thing about the metal AM network(industry) is that all of the nodes are mostly not connected by edges. There has been so much caution(fear?) and secrecy(warranted?) of the behind the scenes efforts of both end-users, manufacturers and process/equipment suppliers/innovators that very little connections exist between the nodes of the industry network. The theory clearly and unambiguosly knows that to have the spread of something new throughout a network the nodes must be connected. And some nodes are far more important than others. Nodes that are 'hubs' are vital. So are the hubs that are 'gatekeepers'.
SGLB's dot-plot graph was pretty impressive before. It is even more impressive now. In fact, SGLB's node is capable of becoming a hub and a gatekeeper. And this would be a big achievement and probably great for investors. But still, the lack of connectedness in the metal AM network is probably the largest factor holding back the metal AM industry.
So when I hear things like Rice and Toupes saying that they intend to grow, and they are looking for acquisitions, and they are wanting to know all the options for new capital raises, it all really fits in the step by step movement toward becoming a hub. Yes they have no appreciable current sales cash flows, but they see the continued march of the industry and SGLB's likely place in it, enough to make the statements of growth in employees, growth in scope, and expected timeframes for commercialization of the product line. That is not nothing. That is pretty darn promising as long as they execute. In light of all this, I would put forward another possibility for the discussions about dilution and offerings that are so readily run up the flag pole by our illustrious SGLB investors. I would not be surprised if the announcement was given that SGLB is acquiring one or more upstream and/or downstream companies that fit with a overall AM quality function, through a shares and cash deal, that kicks in some cash flow through the acquisition business revenues.
And if this happens, which we know Rice would love to accomplish, SGLB would move into a more important node in the industry.
All the best,
Silversmith
Meanwhile, while you were working on getting some business, working on developing the product, and getting around to filing for one patent, the entire rest of the competition has beat you to the punch, and now they own eighteen patents. Now you are unprotected. Now you are crossing their patents and liable for legal charges and whopper damages amounting to millions of dollars.
And what you call crazy, is indeed how it really works. That is why there is so much risk to not owning the rights to a technology that is driving an industry segment. If anyone spent multiple millions of human hours and dollars doing research, developing a prototype, refining it, testing it, selling it, installing it, maintaining it, and then had to pay large royalties and penalties to the IP owner, as mandated by federal courts, because you were illegally using someone else's technology without their approval, your investors and board of directors would be pretty unhappy and you may not survive. And to make further good of all your hard work, you have to pay the IP owner for licensing to continue with your product sales.
It is the law of the land.
All the best,
Silversmith
You have obviously never been involved in patent litigation.
There is great risk and consequence in business in not being protected by patents. That is why patent ownership is so valuable. That is why corporations spend billions of dollars in obtaining the IP of other entities. And on and on. To say you don't believe the force behind patents is real, is ludicrous.
All the best,
Silversmith
The four patents are across a widening span of the application of IPQA in AM printing. The yet to come eighteen, and growing, patents are the nails in the coffin for all other IPQA systems out there. The key word 'formidable' is true. All others, GE included, cannot play in this sandbox without going through SGLB. The metal AM industry in definitively going with IPQA means large value for SGLB's IP ownership. That is what Rice is referring to with his comment. Just the four patents already, along with the industry deciding to go with IPQA, means that SGLB is worth a lot more than it is currently priced at. This is going to turn out to be huge.
All the best,
Silversmith
Let the patent wars begin.
GE is going to have to license from SGLB, unless they are using some really novel new means of monitoring. I don't think there is a new means of monitoring. So this should end up being a win for SGLB. And the indicators that the industry is going with IPQA are becoming very solid markers indeed.
Very nice.
All the best,
Silversmith
A lot of people here need to take a chill pill. SGLB is doing fine. But there are a huge amount of moving parts here. Most here have no idea of the momentous and enormous difficulties that needed to be overcome for production metal AM. The vision of what is just barely out of our grasp, the anticipated possibility of AM, was only just clear enough for the innovators to see a mere five or six years ago.
Big data is a bigger consideration than you are aware of. Edge computing is a bigger consideration than you are aware of. The question of the global 5G platform rollout being capable of helping is a bigger consideration than you are aware of. The design of the metal AM industry is being driven by the huge OEMs of the globe. And they aren't just interested in printing a complex part without defects. They have nothing short of the inauguration of a full digital industrial manufacturing revolution as their goal. Yes, there were and are issues of final part production print quality. In some instances, not long ago, engineers would set up a print run, and come back to find parts had been made that resembled nothing like what they expected. In some cases the produced parts came out like grotesque monsters; completely unidentifiable. They had to figure out why.
Now, things have come far enough that industry is looking at IPQA for process control, as well as inspection. The data stream must be dealt with or it is meaningless. It is not as simple as saying that because PR3D does what it says it does, I'll take four hundred of them please. The whole system of production must be able to handle it all. There are very big, very disruptive changes coming to humanity in digital function and ability that will impact manufacturing in enormous ways. The impacts will be across a broad spectrum of other aspects of humanity too. But the innovation of the single concept of SGLB's IPQA is a marvel. It's too bad the scale of the application across the global population won't be as ubiquitous as the cell phone. There would have been the potential for hundreds of billions of dollars of returns for investors had that been the case.
But I am cheered by the likes of SGLB in the effort for innovation in such a bold stroke. Instead of continuously harping, you might try becoming more knowledgeable about the industry's work and vision. It takes work, I know. Laziness is so easy to do. It reminds me of a famous quote by one of America's singular characters.
"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood......if he fails, at least fails while daring greatly, so that his place shall never be with those cold timid souls who neither know victory nor defeat."
Just keep on marching SGLB. Progress is good. The industry is coming to you.
All the best,
Silversmith
Not likely running out of steam outlook. Everyone keeps crying that we need news or we will drop in price. But you fail to realize that that is not what this whole thing is about at the moment. The news has been out there. It has been piling up. This message board is not what is driving this re-pricing. This board doesn't have the chops to drive anything anymore. This re-pricing is coming from members of the whole spectrum of people and entities that invest in the AM industry.
When it started looking, and then became clearer, about six months ago that metal AM was turning its eyes toward IPQA, those that knew what they were seeing meant change was in the air. All the piled up SGLB news meant that the company was badly mispriced. It is being corrected now.
You either have your position, or you don't and likely won't. I don't particularly care for Jim Cramer, but a couple of weeks ago he was telling people you can't wait for the 'all clear' to make a move. If you do you will be missing out on the real money. I do agree with him on that though. So many here are frozen in fear from too many years of chasing crappy stocks on the OTC. This isn't the game for SGLB anymore. They are front and center with an enabling product in an amazingly disrupting industry among the giants of the industrial globe, and the giants seem interested. I used to be concerned about some of the posters who routinely talked crap about SGLB. Then when I learned that for them a big exposure position was 300 to 500 shares, I realized they were a non-entity. There is no one driving SGLB on this board. The market has the helm now.
All the best,
Silversmith
An organization that develops industrial manufacturing standards, and that SGLB is a member of....Edison Welding Institute.
All the best,
Silversmith
SGLB January 2019 short interest is down almost 1.5%, with about 350k shares still held short. The short interest has fallen consistently for some time now. The technical chartists are starting to give shout-outs all over the place. Spin it up tight. We should be due shortly for another crazy trading day of not enough shares to go around. This thing is so thin that an announcement of something along the lines of a Seimens putting PR3D into production will cause a massive move. It will be sublime.
All the best,
Silversmith
And....we closed up today. On top of yesterday. LOL. Its real money, but sometimes its like kids playing around here.
All the best,
Silversmith
You forgot to include the possibility for 'both'. It's not an either-or. I am expecting both.
I would be surprised if SGLB's investment bank isn't fielding several calls for investment inquiries. This is a good time for additional, early, large investment by outside entities through preferred shares. Rice would be foolish to turn any away as long as the covenants requested were not abnormal.
And the cash infusion, along side contract revenue, would be a further safeguard against a global economy that might slow significantly in the coming times.
With what is clearly a continuing movement into the stock by deeper pockets, it is the continuing evolution of SGLB's story toward success that has enabled it. The industry is and has turned more toward IPQA techniques. SGLB has and is acquiring a commanding patent footprint in IPQA. So the see-saw is tipping away from SGLB being of no value. The consensus is moving toward SGLB being valuable. If this continues, this, right now, is the point where the shares of the company are taken from the small investors. The stock is so wound up right now. Very little liquidity is present right now, either to the sell or the buy side. And it is possible that with a single move, the stock could be priced at a level that the small investor can no longer afford a meaningful enough position in SGLB to make a difference. Their hard earned premium, early, significant knowledge of the company will be forever neutralized.
For all the people expecting the stock to fall back to misery levels, just because it always has in the past, what current story comparison to SGLB's past makes you think it won't keep climbing right on up out of your reach now? Every single share I have purchased since well before July of last year is in the money right now. The narrative for SGLB changed mid last year. I am amazed at the number of people who continue to believe the past is the future.
All the best,
Silversmith
There's a little rumor out there that Pratt/UT is sniffing around GE Aviation in these troubled times for GE. That would be interesting.
And some of the year end numbers are out for the market in general. Of the three thousand companies that make up the total US market in the Russell 3000 index, 30% of them have only ever had losses to report. And in all of 2018 83% of US corporations that came to the major exchanges in their IPO had only losses to report. And greater than 40% of all US corporation earnings per share gains have come from share buybacks and merger/acquisitions.
Little old SGLB will leap over a sizable chunk of the whole US corporation complex when it becomes profitable in 2019.
With valuations at nosebleed levels in the rest of the market, SGLB will be a good place to be if sales start coming in as anticipated. Wall Street will see that as well. While the rest of the global markets crack open, I think SGLB will be a fairly safe place to wait against the large potential for outsized gains with this company.
All the best,
Silversmith
DARPA and Moog Corp. Both are linked to the US Navy 3D printing efforts, and both have current ongoing work contracts for SGLB's IPQA evolutions.
All the best,
Silversmith
I should hope not wick. AS9100 and ISO9001 certs are plant wide, from the front door to the back door, over-arching operations, production and quality blueprints. They have not a thing to do with IPQA for a 3D printer.
All the best,
Silversmith
Even Amazon took something like six years, and lost 90% of its value twice in the early days. It very nearly didn't make it though the dot-com crash days too.
But still, SGLB today vs five years ago, is no comparison. I would have to say the chances are significantly better for success today. They are playing in a most difficult and technical arena, with titans of industry as potential customers. That is a lot different than selling bread and widgets to the masses.
But I know what you mean. It has been a remarkably frustrating ride. There is much disdain and anger and even hatred within the ranks of SGLB's historical investors. The stock became a battleground for emotion, never a good thing for investors. It remains so today. But that is about to change. SGLB will more than likely get production sales wins. And Wall Street will move in, squeezing out the small retail people who bled, laughed and cried through the battle. Retail's emotions will have blinded them to the one and only advantage they will ever have against Wall Street. And they will find themselves on the outside looking in.
All the best,
Silversmith
I see we finally have some year end selling. No buyers, some sellers, down it goes on light volume. Which means it is just noise. But it's working for me at the moment. I hope it stays low, or even lower, into the new year. I have an account primed and ready to go to inaugurate 2019 with what will likely be my last big purchases of SGLB. Looking forward to SGLB securing increasing amounts of business, and a probable company buyout in 2019.
All the best,
Silversmith
Who knows where it will go after sales start getting booked. One thing for sure though, before long SGBL will jump over more than half of the companies on the NASDAQ.
It is probable that sales will be booked in Q1 2019. And therefore probable that SGLB will become profitable in Q2-Q3 2019, providing that all goes reasonably well. The NASDAQ lists a little over 3300 companies. As of mid 2018 a little more than something like 52% of them were not profitable. Don't hold me to the 52% though. It has been a number of months since I last saw the number. But it was a preposterous number of companies not showing profits of any kind from operations. In the first three quarters of 2018 83% of all IPOs for USA companies were not producing profits from operations. Profits are hard to come by. And there is nothing that Wall Street loves more than a profitable company. SGLB becoming profitable will immediately move the company to the upper ends of the list that Wall Street pays attention to. So who knows what the share price will become. But I am pretty sure that more than a few SGLB millionaires will be made.
All the best,
Silversmith
Apparently there are no shares to be had at $1.62. What happened to year end tax loss selling? How about a drag down from a cracking open stock market? Somebody to sell? Anybody. I'll take em.
All the best,
Silversmith
Looking good. The opportunity pipeline is filling. Companies are now asking for price quotes and proposals. Anyone who has ever worked sales knows this is how it gets going. Good news. Wins are coming sooner rather than later.
All the best,
Silversmith
Beautiful, powerful, key words in the announcement are 'clear demand for independent process monitoring in the industry'.
The old question of whether the industry would employ real-time in-process QA monitoring is being answered in the affirmative. And with the printer manufacturer monitoring solutions being advertised, such as the EOS white paper discussed, demand for independent IPQA and the SGLB patents will win the game for SGLB.
I do indeed believe we have chosen the correct horse for the metal AM quality assurance race. I will not be surprised to see SGLB purchased in 2019 at around a $30 per share price.
All the best,
Silversmith
A real good read T&L.
As we all can see in this update, metal AM for critical part production is very, very difficult to do well. It seems clear to me that only the elite manufacturing corporations will do this stuff in any volume. I guess in the long run we will see the lion's share of big volume manufacturing taking place for less critical applications. If PR3D exerts control over the types of print run failures shown, then it is indeed be very valuable. If PR3D even can simply alert at the onset of these types of defects, then it will be really useful. This update is a peek into why things have not moved rapidly in metal AM production. I am amazed at how difficult this all is to do. I sure would like to know exactly how much of all this PR3D can control and give insight into. If it is most of it, then SGLB will become a very valuable company.
All the best,
Silversmith
The mid November Short Position report shows the short position dropped 1.49% at 5.68% of the float.
It seems like all the sensational news has about stopped coming for the relevant players of the industry. Now it is down to the grit and sweat of putting manufacturing floors and systems together. We are likely at the stage where news of SGLB's being incorporated into production at large sites will just fall out of the sky with no warning. Closed loop after that. Things should be good to go here. It is still a waiting game, but it seems like things should unfold for SGLB in a nice way.
All the best,
Silversmith
Hey Alan, I'll tell you something else you and Albuquerque, NM has besides SGLB. Chevel Shepherd. Good Lord can that little woman sing. Nashville has got to be licking their chops for her. She blew me away with her version of Little White Church.
All the best,
Silversmith
But I'll tell you what outlook, I was at a symposium this week where a lot of really smart dudes were saying that GE might not survive the mess they are in. They don't believe that GE can sell assets fast enough, and raise enough money fast enough, to survive the debt that is crushing them. The credit markets are capable of bringing GE to its knees. Fascinating stuff. And AT&T is probably next. They are the most indebted company in the world.
All the best,
Silversmith
That $2 dollar closing threshold I was talking about the other day for NASDAQ stock following and analysis seems to have been triggered this week. SGLB trend and chart discussion is all over the internet now. It will be interesting to see what transpires.
All the best,
Silversmith
For all the pre-Formnext 2018, GE Aviation hype about exciting new software platforms to be presented, it looks like it is all about front end modeling and simulation software. I have found not even a mention about any kind of IPQA platform. Specifically, they are not even talking about IPQA so far.
All the best,
Silversmith
I can only guess outlook2020. The market makers and book entry electronic trading platforms are tasked with pairing up buys and sells. If the shares are available at the price agreed to, then the trade happens. If the market makers have to provide shares, then they generally do it at a price where they can at least cover cost. I can only guess that once again shares are not readily available. How else can it be explained for a NASDAQ traded stock. But I am only guessing. Maybe someone sitting on their couch, in their bath robe, all day long, was having their idea of fun.
All the best,
Silversmith
Looks like progress to me. Keep it going SGLB. I also noticed there isn't much left of the convertible preferred shares issued. I would guess that Schultz is holding tight since he jumped in with both feet. But the other position may be selling some of the converted common on the run ups, taking profit. Either way SGLB isn't having to carry the interest and principle on the preferred like before. Looks good to me.
The quarterly looks decent compared to SGLB's past history. I don't believe the conference call will suck. I think SGLB can smell things turning their way, the industry turning in their direction, sales getting close.
All the best,
Silversmith
I can't believe no one seems to have noticed that we traded over three hundred thousand shares to the up side in the final minutes of the trading day, fought through steady selling all day, and closed over 2 bucks for the first time in a while. That was a power move for SGLB.... pretty bullish. I am wondering if something is looking good to the crowd at Formnext. Or maybe it was delayed demand from the oil and gas PR. Either way, if the conference call doesn't suck, and we know there are the usual posters here who will claim it sucks no matter what, this thing will continue moving higher.
All the best,
Silversmith
More GE info. I was at a neighborhood party last night. One of those at the party works in GE's Aviation division. The word is that serious talent is leaving the company. Mostly only the long time workers, connected with their prior format pension, are sticking it out. New hires actually wanting to work for GE are becoming hard to find. It really didn't sound very good. There is a lot of heartache, stress and anguish happening with the company's employees right now.
All the best,
Silversmith
Never is an impossibly long time, Hawks. None the less, it will never happen. Not at the current share structure. Rice can't sell the company on his own. He has to have permission, by lots of people. Shareholders will never agree to $4 bucks at this time in the game. And as soon as word about a buyout was made public, hedge funds and private equity would buy in in anticipation of gains. They would put huge amounts of pressure on the whole deal if the value was too low. Some serious hardball would ensue.
All the best,
Silversmith
Once again I give thanks to the fact that SGLB didn't get attached at the hip with GE. GE is getting absolutely crushed.
Another patent allowance for SGLB. The one thing, throughout any human's life, that most completely gives deep satisfaction about all things, is stated in a single word...progress. SGLB is making progress, and as a result will be a winner.
All the best,
Silversmith
Nice move today. This thing is getting wound pretty tight. If we get the right kind of news next week this thing will move up very hard.
All the best,
Silversmith
Okay outlook. But like I said. There are two very different levels of play going on. A single penny move in SGLB moves the needle nicely for me.
All the best,
Silversmith
They're picking up nickels, playing small ball, subject to the wash rule. There are two very different levels of play going on here.
All the best,
Silversmith