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I read an article lately where they did mention that there was a fee to sell power back to the grid. I believe it was something like $5.00 per per month.
Might have been in Arizona - I forget.
This only makes sense. The grid needs to be there as a back up and it has to be paid for and maintained by someone.
Fish,
I believe this is the same model that Solar City is using. Elon Musk has shown that this can work.
Looks like it works best in states that offer incentives and allow power to be sold back to the power company.
Unfortunately Indiana is not one of those states and why Solar City is not selling here.
Go to the post number and read forward. Lots of info on this company there. CEO and the other guys are all kids in their 20's with very limited business experience.
Kinda reminds me of the picture of Bill Gates and all his buddies who started Micorsoft.
I hope MDDD does as well as Bill did at Microsoft.
Makism 3D Corp. will Change its Ticker to MDDD from ADDU
Strong opening!
Looks like a million shares traded in the first 5 minutes
Two million traded in the first 10 minutes.
Let's see how long we can keep this average of 1 million very 5 minute's going.
Go SGLB!
Wow! I hope so. That would then make me a millionaire!
Always wanted to make a million dollars on a single stock.
Gary - At what price did you buy back in at?
As I recall, you sold what you had from the first day at around $39.
I still have about half of my first day buys that I got in at $19.50.
I am changing my strategy on 3D stocks from in and out to - Buy and Hold until retirement.
My best day ever with SLTD. I am excited and looking forward to the future.
JerseyFish - Sure glad a loaded up at a hair under .02. Looks like I have made about 93% at this time. Can't wait to see where this goes.
0.20 Close - What a great day! Volume was almost 10M.
WOW!
Not sure what is going on, but I like it! 4.5 cents!
Sakamake - I am familiar with them.
They are the PR firm for another stock that I own. I meet two of their employees at an investor's conference.
I can vouch that they are real and a "going concern".
Interesting to note that the other firm is Echo Automotive (ECAU). If you research them you will see that there was a pump and dump on ECAU in early 2013.
It could just be a coincidence that they were involved in ECAU and it was a pump and dump.
I will say that ECAU has survived after the Pump and Dump and that they are looking line they are going to market with a legit product.
The jury is still out on MDDD. While I hope that the are legit, time will tell.
Echo Automotive Announces Third Quarter Results and Provides Business Update
Continues Progress on EchoDrive(TM) Pilot Program and Reaffirms Expectations of Commercial Rollout in Mid-2014 With Volumes to Increase Into 2015
SCOTTSDALE, AZ--(Marketwired - Nov 15, 2013) - Echo Automotive, Inc. (OTCQB: ECAU) ("Echo Automotive", "Echo" or the "Company") a developer of technologies enabling the cost-effective aftermarket addition of fuel-efficient plug-in hybrid capability to new and existing vehicles, today announced financial and operating results for the three and nine months ended September 2013 and distributed a letter to its shareholders, a copy of which is posted on the Company's website.
"We continue to make strides toward the commercial rollout of our EchoDrive™ aftermarket plug-in hybrid system in mid-2014. We have established a national installation and service infrastructure of more than 1,800 locations to ensure fleet operators will have easy access to certified-support for their EchoDrive-enabled vehicles, which is an important milestone critical to our planned commercial launch. Our marketing efforts are well received and industry and market awareness is growing. Beta program sign-ups and pre-sales efforts are underway and interest in both is high," said Jason Plotke, President and Chairman. "Fleet operators are looking for ways to reduce operating costs, extend vehicle life and reduce their carbon impact, and EchoDrive offers a unique and cost-effective bolt-on solution that makes it easy to improve fuel efficiency and support green initiatives without requiring a new vehicle purchase or the installation of costly infrastructure."
Key Q3 Highlights:
•EchoDrive featured at GE Vehicle Innovation Center, provided training workshops to GE representatives to demonstrate its full range of capabilities and showcase to GE fleet customers;
•Continued education and marketing efforts in anticipation of EchoDrive commercial rollout through participation at the Greater Indiana Clean Cities Coalition's Fourth Annual Greening Your Fleet conference.
Most recently, Echo Automotive participated in the Ride and Drive event at the HTUF Annual Meeting in Chicago, which provided attendees an opportunity to test-drive the EchoDrive demonstration vehicle. The Company also exhibited at the 6th Annual Green Fleet Conference & Expo in Phoenix, the largest gathering of fleet professionals interested in greening and improving fleet efficiency.
"Through venues such as the GE Vehicle Innovation Center and the HTUF Ride and Drive, we have had the opportunity to put people behind the wheel of our demonstration vehicle and showcase our EchoDrive solution and the value it brings to the market. The response we have received at these interactive events and in conversations at key industry events such as Green Fleet and Clean Cities has been tremendous," added Amy Dobrikova, Vice President of Sales and Business Development.
Echo Automotive's initial target market application for EchoDrive is the Ford E-Series fleet, which holds an approximate 80% market share in the full-size van category and since 1980 it has been the best-selling full-size van in America. With approximately 80,000 of these vehicles in the commercial fleet market registered in 2012 alone, and close to 600,000 since 2007, this represents a multi-billion dollar target market opportunity. Additional derivatives of EchoDrive will support other makes and models of fleet vehicles, thus increasing the broader market opportunity.
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information, visit our website at: www.echoautomotive.com.
About Echo Automotive, Inc. (OTCQB: ECAU)
Echo Automotive™ is a technology company that specializes in delivering cost-effective electrification products and solutions that are purpose-built to maximize fleet transportation efficiency and provide optimal return on investment. The key to Echo's strategy is the bolt-on nature of its solutions, which reduce operating costs and increase efficiency without affecting original vehicle operations. Additionally, Echo offers technology licensing, and consulting in design, energy storage, propulsion, conversions, and vehicle engineering. For more information, please visit www.echoautomotive.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, commercial rollout of EchoDrive™ system in mid-2014, target market, development of technologies and products, and business strategy. These forward-looking statements are made as of the date of this news release and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
CONTACT:
David Waldman/Natalya Rudman
Crescendo Communications, LLC
Tel: 212-671-1020 x304
Email: ECAU@crescendo-ir.com
www.EchoAutomotive.com
10-Q is out
Form 10-Q for SIGMA LABS, INC.
14-Nov-2013
Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
Forward-looking statements
This Quarterly Report, including any documents which may be incorporated by reference into this Report, contains "Forward-Looking Statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are "Forward-Looking Statements" for purposes of these provisions, including any projections of revenues or other financial items, any statements of the plans and objectives of management for future operations, any statements concerning proposed new products or services, any statements regarding future economic conditions or performance, and any statements of assumptions underlying any of the foregoing. All Forward-Looking Statements included in this document are made as of the date hereof and are based on information available to us as of such date. We assume no obligation to update any Forward-Looking Statement. In some cases, Forward-Looking Statements can be identified by the use of terminology such as "may," "will," "expects," "plans," "anticipates," "intends," "believes," "estimates," "potential," or "continue," or the negative thereof or other comparable terminology. Although we believe that the expectations reflected in the Forward-Looking Statements contained herein are reasonable, there can be no assurance that such expectations or any of the Forward-Looking Statements will prove to be correct, and actual results could differ materially from those projected or assumed in the Forward-Looking Statements. Future financial condition and results of operations, as well as any Forward-Looking Statements are subject to inherent risks and uncertainties, including any other factors referred to in our press releases and reports filed with the Securities and Exchange Commission. All subsequent Forward-Looking Statements attributable to the company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Additional factors that may have a direct bearing on our operating results are described under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2012 and elsewhere in this report.
Introductory Comment
Our predecessor, Framewaves, Inc., a Nevada corporation, was incorporated in December 1985 as "Messidor Limited." In December 2000, Messidor Limited's shareholders approved a name change to "Framewaves, Inc." Framewaves, Inc. was a shell company (as that term is defined in Rule 12b-2 under the Securities Exchange Act of 1934) immediately prior to the September 2010 Reorganization (the "Reorganization") with no ongoing operations, and was focused on seeking a business opportunity. See further discussion of the Reorganization under the caption "The Reorganization" included under Item 1 ("Business"), Part I of our Annual Report on Form 10-K for the year ended December 31, 2012.
B6 Sigma, Inc., a Delaware corporation ("B6 Sigma"), was incorporated in February 2010. One member of our current management team worked at Technology Management Company, Inc., a New Mexico corporation ("TMC"), before leaving to form B6 Sigma. On September 13, 2010, Framewaves entered into a share exchange agreement with B6 Sigma and the shareholders of B6 Sigma pursuant to which Framewaves acquired all of the issued and outstanding shares of B6 Sigma. Following the closing of the transactions contemplated by the share exchange agreement, B6 Sigma became our wholly owned subsidiary.
On December 31, 2011, the Company completed its acquisition of Sumner & Lawrence Limited (dba Sumner Associates) ("Sumner"), and La Mancha Company, New Mexico corporations incorporated in 1985 and 1982, respectively, under an Exchange Agreement and Plan of Reorganization dated as of December 10, 2011. La Mancha Company has since ceased all operations and has been dissolved.s
Throughout this Quarterly Report on Form 10-Q, unless otherwise indicated or the context otherwise requires, the term "B6 Sigma" refers to B6 Sigma, Inc., a Delaware corporation and the operating company acquired in connection with the Reorganization; the term "Sumner" refers to Sumner & Lawrence Limited (dba Sumner Associates), a New Mexico corporation; and the terms the "Company," "Sigma," "we," "us" and "our" refers to Sigma Labs, Inc., together with B6 Sigma, Inc. and Sumner & Lawrence Limited, our wholly owned subsidiaries.
Overview of Business
B6 Sigma is a company that specializes in the development and commercialization of innovative manufacturing and materials technologies. Pursuant to an asset purchase agreement, B6 Sigma acquired certain assets from a division of TMC in exchange for the surrender of certain securities of TMC previously issued to the founders of B6 Sigma. The assets acquired include equipment, contracts, licenses and intellectual property relating to our "In Process Quality Assurance?" or IPQA? technology. See further discussion of our IPQA? technology under the caption "Products and Services" included under Item 1 ("Business"), Part I of our Annual Report on Form 10-K for the year ended December 31, 2012.
We believe that our primary manufacturing quality control solutions technology, which we refer to as "IPQA?," will redefine conventional manufacturing quality control practices primarily by embedding quality assurance protocols in real-time, in advanced manufacturing processes, thereby reducing the need for and cost of post-manufacturing quality control processes. The most promising application of IPQA? to new and emerging markets is for the monitoring and control of additive manufacturing, also known as 3D printing. This is particularly true for the 3D printing of metal components for parts in aerospace, automotive, defense, biomedical, and general industrial applications. Sigma Labs, Inc. has and continues to develop a suite of applications known as PrintRite3D? to address this rapidly growing and emerging market. As we previously announced, in April 2013, we entered into a Joint Technology Development Agreement with GE Aviation, an operating component of General Electric Company, to advance and implement in-process inspection technologies for additive manufactured metal jet engine components. In addition to PrintRite3D?, we have other related technologies under development to address other emergent needs of the 3D Printing metals market. PrintRite3D? is described in more detail below.
Although 3D printing is a rapidly expanding and emerging market, there are significant barriers which are holding back its rapid growth of 3D printing for metals in particular. First, the quality of 3D printed metals still varies significantly from day-to-day, from machine-to-machine, and from part-to-part. Therefore, a way of assuring the quality of 3D printed metal parts is needed. Second, the geometry of 3D printed metal parts can deviate from the desired shape due to thermal distortion caused by the high temperatures required to melt and fuse metal powders in order to form a part. Thus, a way of measuring and assuring the geometry of 3D printed metal parts is needed. Third, the current speed of 3D metal printing is too slow and therefore 3D metal printing for industries like automotive may not be cost effective until a higher speed or higher productivity metal printing solution is developed. PrintRite3D? addresses the quality and geometry of 3D printed metal parts by offering an in-process, real-time non-destructive inspection (NDI) of verifying part quality in real-time and part geometry in the near future. This helps to minimize the need for costly post-process inspections. We are exploring opportunities with potential strategic partners to develop technologies to address the third barrier described above relating to the current speed of 3D metal printing.
We expect to generate revenues primarily by direct sales or licensing our technology solutions to businesses that seek to improve their manufacturing production processes and/or manipulate and improve the most functional characteristics of the materials and other input components used in their business operations. Our management anticipates that the Company's technology solutions will allow our clientele to combine advanced manufacturing quality control with innovative materials solutions to achieve breakthrough product potential in many industries including the following industries: aerospace, defense, oil and gas, biomedical prosthetic implants, sporting goods, and power generation. We are currently investigating and pursuing application of our PrintRite3D? and other technologies in some of these markets, and we anticipate growth in both the breadth and depth of these offerings in the future.
Regarding our dental technology, we entered into an exclusive marketing agreement, effective May 24, 2013, with Manhattan Scientifics, Inc. Under the agreement, we have granted Manhattan Scientifics, Inc., a company that operates as a technology incubator that seeks to acquire, develop and commercialize life-enhancing technologies in various fields, with emphasis in the areas of nanotechnologies and nanomedicine, the exclusive right to seek to identify prospective licensees and strategic partners for the purpose of commercializing our dental technology.
With respect to our munitions technology, as described under Item 1 ("Business"), Part I of our Annual Report on Form 10-K for the year ended December 31, 2012, effective April 11, 2013, we entered into an exclusive license agreement with Allotrope Sciences Corporation ("Allotrope"), pursuant to which we granted Allotrope rights to market and sell Sigma Labs' ARMS? and BAM? technologies to U.S. and Foreign Government customers. Allotrope is obligated to pay specified license fees and royalties on sales relating to the licensed patents.
We anticipate that our primary business focus will continue to be in the (i) deployment and implementation of our PrintRite3D? technologies to all appropriate manufacturing businesses, and (ii) development and commercialization of related IPQA? breakthrough technologies and innovations in manufacturing and materials sciences. We will continue to expand our operations in this regard, including investigating additional opportunities for applications of our technology as well as undertaking further development efforts towards the commercialization of various technologies we have identified.
Our board of directors and management comprise scientists and business professionals with experience in the advanced manufacturing, advanced materials technology, and energy-related markets. These individuals have worked with some of the largest defense contractors in the world in varied projects such as advanced reactive munitions and nuclear weapons stewardship programs. These individuals collectively possess decades of experience working in the advanced manufacturing and materials technology space. As such, we believe we possess the resident expertise to provide consulting services to other companies regarding their advanced manufacturing needs, or to companies seeking to improve the design of their products by using alternative next-generation materials & processes or improving certain characteristics of the original input material, on a fee for services basis. Accordingly, in addition to our primary business focus, we intend to generate revenues by providing such consulting services to businesses seeking the same. Such consulting services may not necessarily involve deployment of our own technologies and may be limited to consulting with respect to the development, exploitation or improvement of the client's own technology.
Moreover, some members of our management team and Board of Directors have worked at or with United States Department of Energy ("DOE") national laboratories (including the Los Alamos National Laboratory ("LANL") and Sandia National Laboratory ("SNL")) over the last 30 years. Due to their work with the DOE, members of our management team and Board of Directors have developed extensive relationships with the DOE and its network of national laboratories. Accordingly, we expect to leverage these relationships in connection with licensing and developing technologies created at such national laboratories for commercialization in the private sector.
Sumner, based in Santa Fe, New Mexico, provides consulting services to the public sector, especially with regard to emerging technologies and alternative applications of established technologies. Sumner holds ongoing contracts with government agencies and the appropriate levels of security clearance for those contracts. Sumner's current clients include, but are not limited to, the State Department, the Department of Defense, the Department of Energy, various military services and affiliated agencies, the National Laboratories, and contractors to these organizations.
Critical Accounting Policies
The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported assets, liabilities, sales and expenses in the accompanying financial statements. Critical accounting policies are those that require the most subjective and complex judgments, often employing the use of estimates about the effect of matters that are inherently uncertain. Such critical accounting policies, including the assumptions and judgments underlying them, are disclosed in Note 1 to the Consolidated Financial Statements included in this Quarterly Report. However, we do not believe that there are any alternative methods of accounting for our operations that would have a material effect on our financial statements.
Results of Operations
We expect to generate revenues primarily by direct sales or licensing our technology solutions to businesses that seek to improve their manufacturing production processes and/or manipulate and improve the most functional characteristics of the materials and other input components used in their business operations. However, we presently make no sales of these technologies and generate no revenues therefrom, except for license fees payable to the Company under the exclusive license agreement with Allotrope, and sales of two of our PrintRite3D? systems to a leading aerospace company for use for test and evaluation purposes with respect to 3D metal printing. During the three months and nine months ended September 30, 2013, we recognized revenues of $280,831 and $753,080, respectively, as compared to $456,369 and $650,094, respectively, in revenues that we generated during the same periods in 2012. The revenues we generated during the three months and nine months ended September 30, 2013 and 2012 were primarily generated from consulting services we provided to third parties during these periods. Our costs of service revenue for the three months and nine months ended September 30, 2013 were $159,367 and $395,846, respectively, as compared to $265,946 and $440,507, respectively, for the same periods in 2012.
Our general and administrative expenses for the three and nine months ended September 30, 2013 were $181,562 and $463,911, respectively, as compared to $142,921 and $470,509, respectively, for the same periods in 2012. Our payroll expenses for the three and nine months ended September 30, 2013 were $29,137 and $184,963, respectively, as compared to $62,712 and $264,212, respectively, for the same periods in 2012. Our expenses relating to non-cash stock compensation for the three and nine months ended September 30, 2013 were $96,500 and $213,200, respectively, as compared to $0 and $125,000, respectively for the same periods in 2012.
General and administrative expenses principally include operating expenses and outside services fees, the largest component of which consists of services in connection with our obligations as an SEC reporting company, in addition to other legal and accounting fees. The net decrease in payroll expenses for the three and nine months ended September 30, 2013 as compared to the same periods in 2012 is principally the result of the reduction in hours worked by employees of Sigma Labs.
We expect our general and administrative expenses to increase for the remainder of 2013 and in 2014 as we continue to actively pursue our business plans and increase our operations and marketing. Similarly, we expect our payroll and non-cash compensation expenses to increase as we grow our business.
Our net loss for the three and nine months ended September 30, 2013 decreased overall and totaled $185,427 and $504,521, respectively, as compared to $15,107 and $649,755, respectively, for the same periods in 2012.
Liquidity and Capital Resources
As of September 30, 2013, we had $1,217,298 in cash and had a working capital surplus of $1,290,720, as compared with $150,071 in cash and a working capital surplus of $315,574 as of December 31, 2012. On July 18, 2013, we closed a private placement of our common stock, pursuant to which we received $1,200,000 from the sale of 120,000,000 shares of restricted stock.
We plan to generate revenues primarily by marketing and selling our advanced manufacturing quality control and materials technologies. However, for the period from our inception through September 30, 2013, we generated revenues and financed our operations primarily from consulting services we provided during this period and through private sales of Sigma Labs common stock.
We expect that our continued development of our "In Process Quality Assurance?" or IPQA? technology will enable us to commercialize this technology during fiscal 2014. However, until commercialization of our technologies, we plan to continue funding our development activities and operating expenses by providing consulting services concerning our areas of expertise, i.e., manufacturing quality control and materials technologies, and through the use of proceeds from sales of our securities.
As of November 14, 2013, B6 Sigma has 3 active consulting contract with respect to which we expect to perform and generate up to $238,238 in revenues during the remainder of 2013, and Sumner has 2 active consulting contracts, which Sumner expects to perform and generate up to $50,000 in revenues during the remainder of 2013.
Some of these consulting contracts are fixed price contracts, for which we will receive a specified fee regardless of our cost to perform under such contract. In connection with entering into these fixed-contract consulting arrangements, we are required to estimate our costs of performance. To actually earn a profit on these contracts, we must accurately estimate costs involved and assess the probability of meeting the specified objectives, realizing the expected units of work or completing individual transactions, within the contracted time period. Accordingly, if we under-estimate the cost to complete a contract, we remain obligated to complete the work based on our initial cost estimate, which would reduce the amount of profit actually earned under the contract.
We have no credit lines or facilities as of November 14, 2013, nor have we ever had a credit facility since our inception. We will continue to evaluate potential future sources of capital, as we do not currently have commitments from any third parties to provide us with additional capital.
Based on the funds we have as of November 14, 2013 and the revenues we expect to receive under our consulting agreements, we believe that we will have sufficient funds to pay our administrative and other operating expenses through 2014. Until we are able to generate significant revenues and royalties from sales or licensing of our technologies, our ability to continue to fund our liquidity and working capital needs will be dependent upon revenues from existing and future consulting contracts and proceeds received from sales of our securities.
Our general and administrative expenses are expected to increase as we seek to commercialize our IPQA?-related technologies, and we may have to incur additional marketing expenses to further bring exposure to our business plan. Despite our sale of $1,200,000 of restricted common stock during July, 2013, we anticipate having to obtain additional capital from the sale of additional securities or by borrowing funds from private lenders to fulfill our business plans. There is no assurance that we will be successful in obtaining additional funding.
If we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock. If additional financing is not available or is not available on acceptable terms, we will have to curtail or cease our operations. No assurance can be given that we will be able to obtain sufficient capital to meet our requirements.
Inflation and changing prices have had no effect on our continuing operations over our two most recent fiscal years.
We have no off-balance sheet arrangements as defined in Item 303 of Regulation S-K.
Great opening!
MM Codes
I just pulled this off another board and found it interesting. I cannot verify that it is accurate.
It does make me wonder is this was the case last week when at the end of the day 200 shares of SGLB were traded as the last sale of the day.
"Just in case anyone doesnt know the "codes" market makers use here they are.
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal"
Universal Robots to Ring the NASDAQ Closing Bell for Launch of ROBO-STOX™ Global Robotics and Automation Index ETF
The UR5 robot arm from Universal Robots will ring the NASDAQ Closing Bell on Tuesday, November 12 to mark the launch of the ROBO-STOX™ Global Robotics and Automation Index ETF (Ticker Symbol: ROBO). The robotic bell ringing marks the first time a non-human performs this prestigious task.
http://finance.yahoo.com/news/universal-robots-ring-nasdaq-closing-172400404.html;_ylt=A2KJ3CU_CIJSDUIA4JDQtDMD
JF,
Nice post.
Who owns the 80M or so shares that are locked up and not in the float?
Looks like we are up 42% today so far.
If anyone has any news on what is driving this, please let us know.
While I am happy to see my small investment increase, I would feel better knowing that this company is legit and not a scam.
Gary - This is why I value your opinion.
Well put!
I hope we all are successful. I have a bid in at .02 for about 135K shares to bring me up to a cool 1M in shares. I then plan to sit tight and let Jim and his crew work their magic.
What has impressed me about the company is that Jim is able to get interviews on Fox Business News. This tells me that he is the real deal.
I am sure that is what you, I and Jim Nelson are hoping for.
UK,
i am not convinced that it is a scam. If it is, i will lose a few bucks and learn a lesson. if it is not, i will have a few shares at a very good entry point.
Given the very hot 3D market, I am willing to take the risk with my money.
Interesting close today.
Price was at 0.177 at 3:59 and then someone sold 200 shares and the price dropped to 0.173.
Based upon this single transaction of 200 shares we went from being up about 1% to being down about 1% for the day.
Why would someone sell 200 shares at 3:59?
Looks odd to me.
So the question is:
Will the shorts be buying in the next few minutes or stay short over the weekend?
I think at this point I will give them the benefit of the doubt until there is "real evidence" that this is a scam.
BTW - I am also buying a little to prove that I am giving them this benefit of the doubt.
Please correct me if I am wrong, but isn't Dr Son a contractor and the only two employees are Mr Nelson and the CFO?
It will be interesting to see if this outage can be attributed to Twitter in any way.
The website is up and running also. Some sections are a work in progress.
They are taking pre-order for one of their printers.
Looking less and less like a scam.
Makism 3D Corp. Completes Share Exchange and Enters 3D Printer Manufacturing Sector -- Company Commences Trading as MDDD
CAMBRIDGE, UNITED KINGDOM--(Marketwired - Nov 7, 2013) - Makism 3D Corp. (OTCBB: MDDD) ("Makism 3D" or the "Company"), a manufacturer of consumer and professional grade 3D printers, is pleased to announce that effective October 29, 2013, it entered into and consummated a voluntary share exchange transaction with Umicron Ltd., a private limited company organized under the laws of England and Wales ("Umicron"). The Company further advises that its common stock is quoted on the OTCBB under the symbol MDDD.
In accordance with the terms of Exchange Agreement, on the Closing Date, the Registrant issued certain shares of its common stock in exchange for 100% of the issued and outstanding capital stock of Umicron.
As a result of the Exchange Transaction, Umicron became our wholly-owned subsidiary, and the Registrant acquired its business and operations.
In related news, the Company confirms the appointment of Mr. Luke Ruffell as its President, CEO and Board Chair. With a background in the arts and business marketing, he is currently responsible for all aspects of product development at Makism3D. He was previously a director of Geoh Networks Ltd., a company specializing in fiber network solutions, and was a director of Taper UK Ltd., a private company in the tobacco sector. Mr. Ruffell studied Product Design while attending Ravensbourne University and Architecture at De Montfort University.
Additional information regarding the Company and its products can be found at: www.makism3d.com.
Details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer with the Securities and Exchange Commission ("SEC") available at www.sec.gov.
About Makism 3D Corp. (OTCBB: MDDD)
Makism 3D Corp. is a 3D printer manufacturer based in Cambridge, United Kingdom. Its mission is to design and build efficient, reliable and attractive consumer and professional grade 3D printers. The Company believes there is enormous scope for innovation within the design, usability, and engineering of 3D printers, and has identified a valuable new market segment located between the low cost professional market and the high-end consumer market. Find out more at www.makism3d.com.
Cautionary Language Concerning Forward-Looking Statements:
Information set forth in this press release contains forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in Makism 3D Corp.'s filings with the Securities and Exchange Commission available at: www.sec.gov. Makism 3D Corp. disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
Contact:
MDDD Investor Relations
Tel: +011 44 01954 715030 (UK)
Email Contact
Website: www.makism3d.com
From Yahoo SGLB Board -
Pink Link who does the pink sheet quotes has a technical problem and expects to be operating in the next 30 minutes.
Received this today - SLTD Made A Breakout Move And Is Now In PLAY!
Good Morning Trader!
I hope you caught my mid-day alert yesterday that Solar3D Inc. (SLTD) was catching fire -- and that you had some fun with 45% rally it had so far!
Now that SLTD has smashed the old $0.02 resistance level, this once-obscure solar cell maker has momentum on its side!
Check out how today’s 45% surge pushed the SLTD chart around and take special note of the big technical lines:
As most traders know, the RSI indicates momentum . Technicians hunt any move above 50, so SLTD is now flashing on screens everywhere right now.
And you’d have to go back a few months to find the MACD rising so fast or reflecting such a steep upward trend.
Back then, SLTD was in the early stages of a month-long MONSTER 125% run -- So yesterday may have only been the warm-up act!
Because once the technicians get the alert to check out SLTD, they’re going to figure out the game-changing NEWS that drove today’s action.
Those of us who already had SLTD on our radar got the overnight scoop from outlets like the WSJ: this little company completed some big M&A!
Thanks to that deal, SLTD is in a position to own an honest-to-God profitable California solar panel installation company. (Read more)
Profitable, I said!
Traders who’ve been burned by years of ambitious “green” projects may want to roll that word around a little.
SLTD just bought about $1 million in pre-tax PROFIT and $7.5 million in revenue for approximately $7.5 million -- one year’s run rate!
And while the valuation itself probably looks pretty compelling to you P/E guys, I’m most impressed with what it does to SLTD’s long-term credibility.
Until last night, SLTD was “just” another egghead company with more advanced solar technology than the next guy. You traded it on those terms.
Evidently, the market thought the technology was worth a penny and a half per share, total market cap maybe $2 million. I get that.
But now SLTD looks set to graduate to revenue-positive and even EBITDA-positive status, it’s a whole new ball game!
That profit will go a long way toward meeting SLTD’s current cash flow requirements. Who doesn’t want to see a slower burn rate ?
And of course, having a “friendly” installation partner means SLTD can finally steer solar customers to its cutting-edge modules.
I’ve appreciated the 3-D solar technology that SLTD has for awhile now, but I will be the first person to acknowledge that sales have been slow.
The company promised a year ago that it will have its cells on the market “by the end of 2013,” so the clock is ticking. (Read more)
Once solar boosters see the SLTD advantage in terms of more sunlight converted to more juice, their choice will be clear. (Read more)
And now that SLTD has the feet on the ground and the salesmen on the street, these cells have a chance to get in front of potential buyers!
I think that’s the real game changer that drove the massive SLTD higher yesterday. But the NEWS is still circulating, so not everyone knows it yet!
Tell me honestly: even though SLTD may have made you money in the past, did YOU know about this little merger and why it matters ?
It’s not likely that you’re the last person on the street to hear about this. After all, you get my alerts and I keep you in the loop.
So as today’s blockbuster action lights up screens around the market and traders who had never heard of SLTD catch on, this party may run awhile!
Love or hate the “green investor,” the SLTD chart speaks for itself. This one might just become a real gift in an overbought market -- if you play it right.
Now get out there and trade!
- Terry Slanton
PennyStocksFinder
Jason Bond is CRUSHING this market week after week!! Take 1 minute to see for yourself what everyone on the Street is buzzing about. (View JasonBondPicks.com )
________________________________________
Disclaimer
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. PennyStocksFinder is wholly owned by Sherwood Ventures, LLC. Sherwood Ventures, LLC and its affiliates has been previously compensated seventy seventy thousand five hundred dollars directly from the company for SLTD advertising and promotional services that have expired. Sherwood Ventures, LLC and its affiliates has been compensated ten thousand dollars for coverage of SLTD directly from the company for SLTD advertising and promotional services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment
Russ,
Are you expecting any revenue?
My guess is little revenue and lots of R & D expenses.
Face Transplant’ 3D Printing Firm Explores IPO
By Giles Turner and Anna Irrera
A Belgium 3D printing firm, Materialise, which recently helped doctors conduct a full face transplant is considering an initial public offering, and could join a number of rivals that have successfully tapped the public market.
A spokeswoman for Materialise said: “Materialise constantly explores, with an open mind, various opportunities that may fuel its growth. A public transaction involving equity is one possibility, but there are many other alternative means to finance our growth. Today none of these many options has been ruled out.”
People familiar with the firm said it is leaning towards an IPO, either on NYSE Euronext or Nasdaq, and said it could raise between $70 million and $100 million.
—Reuters
If it does decide to list, Materialise will join a growing number of 3D printers on the public markets. Earlier this month, Germany-based Voxeljet listed on the New York Stock Exchange for $13 dollars per share, raising $100 million. The stock bounced nearly 90% in the first hour-and-a-half of trading.
Voxeljet follows the IPO of The ExOne Co, which listed in February on Nasdaq. The stock floated at $18 a share raising $110 million, and bounced to a high of $79 in August, before falling back down to $55.
Reflecting booming interest in the sector, in July Stoxx a Zurich-based provider of indices, introduced the Stoxx Global 3D Printing Pure Play Index, which tracks pure-play companies that are highly involved in the 3D printing sect sector’s growth . The index has risen 16% over the past month.
Despite a long history – nearly all hip joints are made via 3D printing techniques – 3D printers are growing in popularity in the public imagination, in part due to the pick-up from the consumer sector.
Read here for the full story from Financial News.
http://www.efinancialnews.com/story/2013-11-05/materialise-3d-printing-firm-public-market-ipo?ea9c8a2de0ee111045601ab04d673622
I got this in an email a few minutes ago.
Today’s Alert is SLTD
Hello Trader!
I like to get my alerts to you out before the market opens, but I didn’t see this one until just a few minutes ago. It is moving now, so I wanted you to see it before it gets too far away from us.
I have been following Solar 3D (SLTD) for a long time now. I like the company and the technology they are building.
Solar stocks like RSOL, HSOL, FSLR and YGE have been on fire lately. Smaller players like SLTD could be the next ones to follow as more investors find out about them.
If you look at the stock chart, you’ll see that SLTD has been building a base just under $.02 for a couple months now.
SLTD has been slowly climbing and today it finally broke through the $.02 resistance level and there are big bids behind it now.
I don’t know if SLTD has really turned the corner yet, but it is certainly worth watching especially at this cheap level.
Sometimes these low priced stocks start building momentum and can take off before you know it. That’s why I think it is better for us to watch SLTD right now and look for the best level to strike at rather than chasing it at much higher prices.
The markets are looking really overbought to me right now. I am looking for good opportunities like SLTD to fill in the gap during my trading day while I wait for the overall market to pull back and give us lower entry levels on stocks.
SLTD could turn into a gift today if you play it right. We’ll see how it goes.
Good luck in all your trades, I’ll be back soon with more details.
- Terry Slanton
PennyStocksFinder
Jason Bond is CRUSHING this market week after week!! Take 1 minute to see for yourself what everyone on the Street is buzzing about. (View JasonBondPicks.com )
________________________________________
Disclaimer
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. PennyStocksFinder is wholly owned by Sherwood Ventures, LLC. Sherwood Ventures, LLC and its affiliates has been previously compensated seventy seventy thousand five hundred dollars directly from the company for SLTD advertising and promotional services that have expired. Sherwood Ventures, LLC and its affiliates is expecting to receive an additional ten thousand dollars for coverage of SLTD directly from the company for SLTD advertising and promotional services. We have not been compensated for RSOL, HSOL, FSLR and YGE. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment
Thanks retiredAT20, pkdaddy64 & dadx4 for the info on how pre-market works.
I appreciate it.
Solar3D to Acquire Profitable Solar Business and Expand Into Hottest Segment of the Solar Industry
Developer of Breakthrough 3-Dimensional Solar Cell Signs Definitive Purchase Agreement to Acquire 100% of California-Based Solar Systems Provider
SANTA BARBARA, CA--(Marketwired - Nov 6, 2013) - Solar3D, Inc. (OTCQB: SLTD), the developer of a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity, today announced that it has signed a definitive purchase agreement to acquire 100% of Solar United Networks, Inc., (SUNworks), a rapidly growing provider of solar systems, based in Roseville, California.
SUNworks, focused on the design, installation and management of solar systems for commercial customers, is one of the fastest growing solar systems providers in California. SUNworks has delivered hundreds of 2.5 kilowatt to 1-megawatt commercial systems and has the capability to deliver systems as big as 25 megawatts. Its revenue for 2013 is estimated to be in excess of $7,500,000, with estimated pre-tax profits of almost $1,000,000. After the acquisition, SUNworks will continue operations as a wholly owned subsidiary of Solar3D.
According to the recent U.S. Solar Market Insight report by GTM Research and SEIA, the United States is now one of the fastest growing solar markets in the world, with a solar system installed every 4 minutes. The U.S. solar market is poised to grow 30% annually, with a forecast of over 1 million solar installations by 2016. According to SEIA, the solar installations industry was valued at $11.5 billion in 2012, up from $6 billion in 2010. The fastest growing regional market for solar installation is Solar3D's home state of California, accounting for nearly half of all U.S. solar installations.
"Acquiring SUNworks is a key part of our strategy going forward and gets us face to face with solar end-users every day," said Jim Nelson, CEO of Solar3D. "We plan to keep our technology team focused on the commercialization of our breakthrough Solar3D Cell. However, the opportunity represented by SUNworks allows us to immediately participate in the fastest growing segment of the solar industry, while building a growing base of customers for our proprietary Solar3D Cell. The SUNworks team is seasoned and proven, and will be the cornerstone of a powerful supplier of solar systems. Building this line of business will be a key mission of the new Solar3D. Through organic growth and additional acquisitions, we plan to turn the solar systems part of our company into one of the fastest growing players in the industry."
Emil Beitpolous, President of SUNworks, said, "Joining Solar3D will allow SUNworks to expand even more aggressively. We share the strategy of connecting with the customer at the end-user level to provide high quality, affordable solar solutions. Solar3D provides the vision and partnership commitment that will help us become an even greater force in our industry."
Nelson concluded, "One of the few things on which Wall Street and the federal government agree is that solar will be the fastest growing business in the world for years to come. Solar3D has management strength and access to capital resources that will enable us to build a substantial solar solutions business, while we continue to focus on the big prize -- a proprietary Solar3D Cell. In this regard, we are following the First Solar model where proprietary technology and system installations are synergistically linked to maximize shareholder value."
The closing of the acquisition, as described in the definitive purchase agreement, is subject to Solar3D's satisfactory review of the operations and financial and corporate records of SUNworks.
About Solar3D, Inc.
Solar3D, Inc. is developing a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. Up to 30% of incident sunlight is currently reflected off the surface of conventional solar cells, and more is lost inside the solar cell materials. Inspired by light management techniques used in fiber optic devices, our innovative solar cell technology utilizes a 3-dimensional design to trap sunlight inside micro-photovoltaic structures where photons bounce around until they are converted into electrons. An innovative wide-angle light collection feature on the cell surface allows for the collection of sunlight over a range of angles during the day. This next generation solar cell is designed to be dramatically more efficient, resulting in a lower cost per watt that will make solar power affordable for the world. To learn more about Solar3D, please visit our website at http://www.Solar3D.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These risks include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products, and prospects for sales, failure to commercialize our technology, failure of technology to perform as expected, failure to earn profit or revenue, higher costs than expected, persistent operating losses, ownership dilution, inability to repay debt, failure of acquired businesses to perform as expected, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Contact:
Press Contact:
Jim Nelson
Email Contact
805/690-9000
PM Trading SGLB?
Is there really pre market trading for SGLB?
VJET just hit $40 in the premarket.
Interesting to see that a company with zero revenue on their last 10-K is able to buy a 3D printing company for stock.
Also noticed that there was a 5 for 1 split back in Feb 13.
This looks like the perfect set up for a stock promotion.
Of course I had to buy some shares.
Be very interesting to see where this goes.
Gary - Thanks for the info on MDDD
I took up a small position immediately after your email.
I put in a limit order to buy 10K shares at 1.80. I was only able to get 700 shares at $1.70 before the price went to over $2.00. Looks like it is about $3.00 now.
I am happy to have 700 shares while learning more about them.
Thanks again for providing the info on MDDD.