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Email for Gersten, the Director of IR, is:
Investors@sigmalabsinc.com
Wow! You sure must have to have bought a ton of shares to average down from .20 to present breakeven at .01 or .02.
Question: If the company can’t disclose anything other than what has been announced publicly, how do you know what potential contracts (if any) they are working on?
I had that happen once. When I received no response, I then emailed Chris Tyson at: SGLB@MZgroup.us
I quickly got a response from Mark Ruport and Steve Gersten (the Director of IR)
Did you get an answer to the question you asked IR about conversion price for the warrants after the 1/10 split?
How can you contend it has been trending upward for months? You better re-examine the charts and price history. Prior to the vague PR issued earlier this week, the price had been consistently below .01.
And if you do your dd, you’ll find that ITOX had zero revenue last quarter, that it’s CEO and few other employees are only part-time, and that the authorized shares have been increased from 190,000,000 to 1,000,000,000.
We’ll see what results from the NDA the CEO released yesterday. It may well be just smoke.
What SEC filings are you suggesting support the price action ?
Thanks, but I wouldn’t touch it until and unless there is more transparency as to what is going on - no revenue, part-time employees, no real presence, increase in authorized shares etc.
NDA means no news, no info, no disclosure. It may or may not eventually lead to anything.
And, as far as your contention that no one is selling any shares, it seems to me that for every share bought there is a share sold.
Reverse splits are rarely, if ever, advertised in advance.
And, for the record, I do not hold any shares in ITOX. I had a long position last summer until I realized the company was almost defunct.
Or dilution.
When the company has no revenue, the sale of stock is one way to pay officers’ salaries.
Or perhaps a 1 for 100 reverse split to elevate the pps.
I believe the authorized shares were recently increased to 1,000,000,000.
I suggest you check the recent SEC filings.
I don’t believe there is any ongoing relationship between Sigma and ITOX. ITOX underwent a change in management (I believe it was in 2018) and had zero revenue last quarter. ITOX has been in default on loans and rent and employees salaries. ITOX’s CEO and it’s other few employees are part-time.
In summary, I don’t think there is any longer any reason to associate Sigma and ITOX. And, as T&L stated, caveat emptor for anyone who may be interested in ITOX.
And who do you think is manipulating ?
Your comment about the recent sale of shares representing income and affecting the P&L makes no sense. You are exposing yourself as someone who does not understand basic accounting.
I don’t disagree.
Right. Let’s see now if future increase in pps will get the loss from $516 down to 90%.
Your math is off. Recompute $3.50 divided by $516.
Train, check the charts and price history. SGLB was => $10 (split adjusted) just before the pandemic took affect. That was less than a year ago.
Are you saying that you think SGLB could eventually be worth $360 per share?
That would mean a market cap of around $3B
Wow! That’s pretty fast. Hope you prove correct.
What is your time frame for reaching that pps?
That still does not equate. You have one breakeven point at $7.00 ($3.00 + $4.00). The other at $40.30 ($0.30 + $40.00).
Maybe you should defer.
This was in the .005-.006 range until someone decided to throw in $4,000 five minutes before the close in an attempt to get others to follow.
C’mon guys. Let’s have a truce.
Can’t you post whatever opinions you may have on Sigma - whether factual or speculative - without the need for personal attack on one another.
Or, if you can’t refrain, take your feud private and spare the rest of us.
Thank you. And Merry Christmas.
I agree. Their feud is dominating and detracting from this board. And in some instances is entirely too crude. Enough!
Thank you. Merry Christmas! May the New Year bring you and Sigma good tidings.
And just how long do you think Emmons is going to leave those new authorized shares untapped?
How else can they can they meet payroll or monthly bills with no revenue coming in?
With the increase in authorized shares to 1,000,000,000 it looks like you will now no longer be able to credibly claim ITOX is a “low float gem.”
With virtually no revenue being generated by the “business,” Emmons will apparently have to rely on selling shares at a fraction of a penny in order to pay salaries for himself and the other part-time employees.
We too have a standard poodle. She thinks she is very smart. And she is. Maybe the two of them should take over for Emmons and Coufal.
Or perhaps their efforts are concentrated on their privately held interests and not ITOX.
What would you be buying? It appears there is no evenue, no contracts, no full time employees, no presence.
I suspect the stock is asleep because with no revenue ($0.00) it is not attractive to new investors and with the price per share down so dramatically (99 % since Emmons took over) there is not much to salvage if present shareholders choose to bail.
200 shares traded in last 3.5 hours.
Someone invested $1.60. Must have really been enthused about the
10-Q.
There is hardly any market for ITOX.
560,000 shares traded as of 3:00 EST represents about $4,500.
The analyst who issued this report is David Lavigne. He is the managing partner of Trickle and asked Mark Ruport a lot of pertinent questions in the recent 3Q conference call. The Q and A in available in the posted transcript of the call
Float doesn’t matter much when latest filings state that this company has no (as in zero) full time employees and quarterly revenues of $26K.
I agree. It was a very good call.
I know many understandably lose patience and get tired of waiting for significant revenues, but Sigma is clearly getting much closer to realizing its great potential.
I am at doctor’s office for my wife’s checkup. Had hoped to get back in time to participate in conference call, but that now looks doubtful.
If the following items are not covered in the presentation, I hope one of you will inquire as to:
Present headcount. Are the recent postings for sales manager and 2 engineers, add ons or replacements for others who may have left ?
Clarification as to whether Airbus is using PR3D in production as mentioned in recent webinar. There had been PR about Baker Hughes, but not Airbus.
What is the status with Siemens? Are they using PR3D. Used to be mentioned as partner but no recent mention.
Thanks to any who may seek answers, or know answers, to the above.
Ok. Thanks, Ted.
Just seems that if results were positive, the company would want to take advantage of today’s market and then build upon the news in the subsequent conference call.
I guess it can be read either way. It’s all speculation until the news is released