Be back in a quarter ... iHub gets emotions involved in investing lol
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A lot of movement on L2 today ... will be interesting to see how we are looking on 3/18 4:00pm Est.
Good find, thanks for sharing!
Agreed! I think SGLB is in for a hot summer!
Well in penny land you come across all sorts of share structures(s/s), most obviously toxic towards shareholders. Sigma already had a conservative s/s IMO with no debt outstanding (two of the reasons I found the company attractive).
For Sigma to do a split on the s/s to the ends of reducing shares to the extent of 1:75, dropping total authorized shares from 750MM to 10MM reflects to me (IMO) a focus on increasing shareholder value in attempts at up-listing or commanding highest dollar amount for merger/acquisition. The market currently puts the Sigma market value around $37MM ... at 10MM shares we are looking at a NYSE pps assuming market valuation stays the same. From a sale/merger perspective the reduction in shares makes the company much more attractive for the same reasons as well as this gives SGLB a ton of room to grow without being dilutive to shareholders.
Also, IMO, this move is directed towards the Hong Kong investors who have a bulk of the current shares (I referenced them in my first posts when I returned to the board this year). They wants SGLB to uplist this year and back in 2013 when this private placements was given had 100% faith they would do it.
Sorry for the long message, I usually like to keep things short and sweet without revealing too much. Again, this is all my opinion and it is a bit bias. Either way I wish the best of luck to everyone!
Looks like preparation for an acquisition or merger IMO
Crazier things have happened!
Personally I think this will be a great conference call for SGLB and shareholders but I don't think the true TNT everyone is hoping for will come along until later this summer.
It is clear that SGLB has their feet on the ground and is making themselves well known in the industry and focusing hard on their niche. I definitely think that people are starting to notice this "little mom and pop".
Best of luck!
Co-worker turned me on to this one; Loving everything I find!
Please explain again how things are falling apart from technical standpoint ... what chart are you looking at???? Not going to just bust through the bollinger bands, but setting up for a test of .05 base again and back up to 200ma.
Again, CC is going to be what all long expect, consistent progress forward as SGLB has been continuing to show. Revenues will be up again this quarter and will continue to increase throughout the year.
Time to support the bid and keep it moving up ... could possibly see .07 tomorrow if support is there.
Ask slaps finally rolling in ... .064 on the ask
Thanks for your analysis.
Doubt we will see .03s anytime this quarter or next ... with no debt and growing revenues quarter over quarter I don't really think SGLB needs to pull any magic tricks on the conference call; longs know what to expect. I am biased though, with option contracts this year on a majority of stocks in the 3D sector. Been directly investing in SGLB over 2 years and don't plan to quit on them now lol
Best of luck to you!
Looking thin this AM ... wonder at what price point the wall will pop up.
Lol. I was referencing the bid; I know everyone hates it but smart money picks up shares for as cheap as possible before slapping the ask.
Open hands sitting around the .05 mark getting everything they can
Oh wow! Totally missed the news on the AJRD contract ... Sigma still going strong, just gotta wait for pps to catch up!
Volume looking good this morning!
Strong end of week close! $SGLB
No other sources I use are showing this millisecond drop to .001 ... what's the deal!?
Are you buying on the bid? Technically they are all buys lol it's a trade
Hoping SGLB hops on board for the 3D sector ride this year, fingers crossed! Can't put an option on this one like some of the other big hitters in the sector that are down over 60% from previous highs.
Volume across the whole sector has been down so I am happy to see anything above the average trading volume. I expect to start seeing a slow uptick in average volume throughout March/April IMO. Considering the share structure, this is still one of my fav pennies.
If that's the case why has volume been up above a million last few days with no news? A million shares traded for the day is above average. News would definitely help, but seems to be more at work here as we scrub the 52-week lows.
3D market? No where to go but up for the 3D sector, down from 2013 highs ready to take over again.
$SGLB!! If we can keep volume up PPS will follow suit!
Volume has been up lately, hoping to string some 1Mil+ volume days together.
Shenanigans afoot. Strong $3 buy LOL
Yea, L's on this one. They do not even occupy the office space in Marietta anymore.
Hard to say what will exactly happen. Either the HK investors have faith and extend their timeline with SGLB or they will try to sell off at a profit. I believe they initial bulk of shares was bought around .08/share. Given SGLB has no debt and still over a million in cash I don't see much reason to worry about a negative outcome.
Form 8-k: Filed 1/14/2014
On January 10, 2014, Sigma Labs, Inc., a Nevada corporation (the “Company”), closed the private placement contemplated by the
Subscription Agreement (the “Subscription Agreement”), entered into as of January 8, 2014, between the Company and Rockville Asset
Management Ltd., a Hong Kong company (the “Investor”).
Pursuant to the Subscription Agreement, among other things:
The preceding summary of the Subscription Agreement, the Warrant and the transactions contemplated thereby does not purport to be
complete and is subject to the full text of the Subscription Agreement and the Warrant that will be filed with the Company's annual report on
Form 10-K for the year ended December 31, 2013.
The disclosures set forth in Item 1.01 of this Current Report on Form 8-K are hereby incorporated by reference into this Item 3.02.
As stated in Item 1.01 above, the Company sold to the Investor 43,750,000 shares of common stock for total gross proceeds of
$3,500,000.
In connection with the purchase and sale of such shares, the Company issued to the Investor a nine-month Warrant to purchase up
to 14,259,259 shares of the Company's common stock at an exercise price of $0.15 per share.
The Company also agreed to pay a finder's fee to
a third party in cash equal to $175,000 (i.e., 5% of the amount invested by the Investor) and to issue to the third party a two-year warrant to
purchase up to 2,187,500 shares of common stock (i.e., 5% of the shares of common stock issued by the Company to the Investor), at an
exercise price of $0.08 per share, which warrant may be exercised in a cashless exercise.
This issuance of the foregoing securities to the Investor was made in reliance on the exemption from registration under the Securities
Act of 1933, as amended (the "Securities Act"), pursuant to Regulation S. No directed selling efforts were made in the United States, the
Investor is not a U.S. person, and as a condition to closing, the Investor represented that it understands the securities will not be registered
under the Securities Act and the related restrictions on transfer, and the securities will be legended. The issuance of the warrant to the finder
was made in reliance upon the securities registration exemption contained in Section 4(2) of the Securities Act as a transaction by an issuer not
involving a public offering.
ITEM 1.01 Entry Into a Material Definitive Agreement.
· The Company issued 43,750,000 restricted shares of the Company’s common stock to the Investor for a total purchase price
of $3,500,000 in cash;
· In connection with the purchase and sale of the shares, the Company agreed to issue to the Investor a warrant (the "Warrant")
to purchase up to 14,259,259 shares of the Company's common stock, at an exercise price of $0.15 per share. The Warrant
has a term of nine-months from the date of issuance (i.e., January 10, 2014);
· The Company agreed to use its best efforts to list the Company's common stock on the New York Stock Exchange,
NASDAQ or any other securities exchange acceptable to the Investor within 24-months from the closing of the private
placement, to the extent the common stock is qualified to be listed on such securities exchanges; and
· The Company agreed to not, during the twelve-month period following the closing, approve any amendment to the
Company's Articles of Incorporation, declare or pay any cash dividends on the common stock or sell all or substantially all of
the property and assets of the Company without the approval of the Investor, subject to certain exceptions.
All that being stated; $3.5MM is a sizable foreign investment for "just a penny stock".
GE going through some significant layoffs on the production side which could easily point to a new found efficiency which could be PrintRite. Also, I believe Honeywell placed their first order?
Also, big year for SGLB .... I believe the Chinese investors that had picked up the $3mil or so of shares a few years ago had the end of 2016 marked in their timeline for a number of goals to be completed by SGLB management. Fingers crossed we start to hit those goals.
Just got back in the country a few weeks ago and taking the L on these shares.
They still have the office space with their name on it but no one seems to be home during regular business hours. Given the share structure and complete collapse of any momentum they will either need to pump massive money into the stock or R/S.
Someone trying to load @ .0025
$VOIS chart looks great! Holding for the golden cross ... $VOIS pps is still holding 250%+ gains from 2 months ago, textbook consolidation!
Just doubled down before my flight .... News coming IMO
Really looks like 0035 is becoming the new bottom ... don't think we will be closing below it anytime soon!! $VOIS
Big things coming for $VOIS!!
So many games being played with $VOIS!!
A bunch of tiny buys ... move the ask down, larger buy, ask moves back up ... then come the tiny buys again. Pretty clear they do not want this running as fast as it did the past couple of weeks.
I am starting to think we will see news soon as well ... MM's trying to make it look like volume is drying up, but I do not think that is the case! Pushing a fraction of the 10 day average volume
$VOIS looking good on the low volume today! Appears 0035 will be our new base assuming it holds for the rest of day ... I am expecting to close 004+ today!
$VOIS looking thin for the afternoon run!!