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I totally agree with this. They will definitely use traditional QC methods in conjunction with print right 3d for an extended period of time. I think Mark Cola alluded to this on the call when he was talking about the hesitation - specifically in reference to GE. If you read the Honeywell blog you'll see that it needs to get an electronic print of the part, or an electronic signature of the part. This has to be done over multiple prints. Mark reference this when he spoke about GE being very hesitant to have some sort of mistake happen which would be a huge setback to GE and the entire AM world. So I think they will be cautious and use both for a considerable period of time until our method is more widely adopted by both the AM world and regulatory agencies...
I'm hoping it's Arcam...or Eos. Either one would make me happy...
This is very interesting...
Arcam CEO Expects Aerospace Boom For 3-D Printing http://seekingalpha.com/article/3582206?source=ansh $AMAVF
LOL...and back in May, the opposite happened. The "Golden Cross" was charted, (a bullish signal) and the stock promptly went down. (WHOOPS!) You can take a snippet of any chart and make it say what you want it to say. It's like reading your coffee grounds, or your palm, or the bones, or tea leaves...but it ain't investing.
Loved this conf call! What's not to like? We have DEFORM launching (hopefully) Oct. 1, anticipating many contracts with GE and Honeywell for PR3D, Additive launching later this year, significant new IP filings, ramping up the new JV with Arete, anticipating enough revenue that pps will allow uplisting in the near future, and no debt. My .02 on the IP filings is probably related to ANALYTICS or THERMAL, maybe materials. Could be wrong there, but more excited than ever.
You couldn't be more wrong.
I love pages 15 thru 30...
Amen...like Mduffy said, Honeywell would also have a big problem with that. While there are no guarantees we're not going to get crooked (remember Enron?) I see no indication that will be the case. To the contrary, they are putting their eggs in several baskets which I think hedges the likelihood of being railroaded by either GE or Honeywell (2 huge companies that would have a problem with the other taking advantage their respective JTDAs.) Both companies will want the complete system - Inspect and Deform. GL!
That's interesting. I mentioned when the JV for SGLB and Arete was announced, that this might have implications for SLIM - small lot intelligent manufacturing. Like your thinking.
That's not quite how patent law works...and if millions are paid for a patent, then it would go to the company. If not, that would be criminal - they're not that stupid.
Agreed. That's why GE, Honeywell et al. all want to get away from post inspection. In process inspection and in situ correction are still the "holy grail"...
It looks to me like their QC consists of a scanning electron microscope and an optical emission spectroscopy analyzer...
This is EXCELLENT news! Again, we don't have announced revs YET. But, good god, if you can't connect the dots here, pull out yer coloring books. JTDA GE, JTDA Honeywell, Morris Tech bought by GE, Herman section chief at GE, Herman executive at Morris, now SGLB and Arete JV. What implications does this have for SLIM? We are positioning ourselves very nicely here.
Amen Brother...some critiques are very short sighted IMO... IF the mod allows me to critique some comments as "short sighted"... lol I AM addressing SGLB, and comments, for example, about no revenues are missing the big picture about how this company is forming strategic relationships that will pay off big time in the future. There...better?
Great news this morning! I have said all along patience is warranted with this one. For those nitpicking no announced revenues, contracts etc....I get it, and your right on that count. So far... but if you can't see the big picture here and how this is just one more indication of how close we are to GE and other big players, go back to day trading. This is investing on a longer timeframe. Those willing to stay the course on this company will be well rewarded. GLTA
DEFORM today, DEFORM tomorrow, DEFORM forever! Oh, wait, that's not what he said...lol
Haha... that's not how patent law works. You might ask T-mobile how that lawsuit against them by OTIV is going... seriously though, Honeywell might have a big problem with them trying to "absorb" the 2nd component... not to mention all the other players SGLB is in bed with. That is why I think SGLB is swinging for the fences - the fact that they have laid many eggs in many different baskets...
This discussion on which part, piece, nozzle, tip, housing, etc is kinda missing the forest for the trees. What DOES matter - the nozzle - which can only be and IS being 3d printed - results in massive fuel savings and is promised as part of the LEAP engine. GE MUST deliver on that. Also, who doesn't realize that this is only the beginning, and that many, many more parts will soon be 3d printed and will need QC. Big picture - SGLB is very well positioned and patience will be rewarded. I would like to wave my magic wand and Voila! DEFORM is ready and we have multimillion $ contracts in hand. The enormous task SGLB is attempting to do beggars the mind. Can't happen overnight folks, but it's on the verge of getting serious traction IMO. GL to all.
A few points on the various discussions:
First - nice blog JJ!
Second - it is my understanding that the nozzle MUST be 3d printed. It is of a design that cannot be conventionally manufactured.
Third - INSPECT was jointly developed with GE, so they have had all the the time from the JTDA til now (post release) of INSPECT to test and refine.
Fourth - DEFORM is not needed to manufacture the nozzles. INSPECT will suffice to ensure a quality part is printed - the defective will be removed from the printer and destroyed. When DEFORM is released, that will ensure every part is to standard.
Fifth - parts for INSPECT are "off the shelf" and isn't Betatron able to ramp us up (ISO 9001:2008 and UL508 Certified) to meet GE's massive upcoming push?
Thanks for the good posts guys.
Right you are, but not only that, healthcare, 401k if matched, dental and many other benefits that are normally paid out. Less liability as well. IC agreements are "at will." Meaning if business slows, cutting time is easy (and no unemployment - I think)...lol For smaller firms it can be a way of getting expertise without the commitment and expense you have to make to a full time employee. I expect that will change rapidly once contracts and significant revenues are on the horizon. Doesn't worry me now though, in fact, I think it is smart on their behalf.
I don't really think that matters. Sometimes that's just a cost effective way of conducting business. I work for a real estate sales/marketing firm. Most of our "employees" are independent contractors. Still didn't stop us from selling over 9 billion in real estate over the past 20yrs...
Which "scam" are you referring to? All of the baseless negative attacks? Be careful what you wish for - you just might get it! Lol
Just my thought on a buyout. I think that is the worst case scenario for us. (Other than remote possibilities such as bankruptcy, not able to deliver DEFORM, better mousetrap from another company, etc-all of which I assign a slim possibility to.) Those are risks inherent in investing, and more so with penny stocks. However, I think SGLB was very smart in the way they have both developed their suite of products, and are currently marketing them. The fact that they developed INSPECT and DEFORM with two separate heavyweights decreases the likelihood that one or the other can muscle away their products, and makes a buyout more difficult. Neither party will want the other to get the suite of products for pennies on the dollar. The fact that they also are taking steps with Additive, Adurant, Aerojet Rocketdyne, Materialise, and others shows me one thing - they don't seem to be itching for a buyout, and looks to me like they are swinging for the fences. That to me is the best-case - that they become a behemoth in their own right. I would be disappointed if they were bought out, but we still come out ahead in that case. Only time will tell, and I'm in for the long haul. GLTA
I like your unique perspective Goldie! You bring a smile to more than a few faces around here... I gotta say I kinda missed reading some of your posts lately. Hope you stick around for a few more months. Just curious - how many shares do you buy on the dips?
50d MA about to cross the 200... with the right announcement, I wouldn't be surprised to see us test 52 week highs...
Yup me too... been in SGLB since July 13...
And we're off! One more hurdle to go - the release of DEFORMtm... but the signs point to that being very soon. The fact that Honeywell contracted with them prior to it being released is a testament to SGLB$ potential.
Well, I know we were all hoping that Sigma continued it's run today and beyond. It will get there, I just hope it holds above it's 200d MA...
Nice post r0und3r! That's good info - lays to rest the argument that GE is just going to "steal" ipqa from SGLB... that never held water with me, but good to have that reply given nonetheless...
Nice post Jackle... I don't post much here, but I do follow regularly. I think you just summed up most of my feelings here. I get the general sense that some are just getting way too impatient - as though as soon as they announced ipqa commercialization, revenues would come flooding in...lol This shit takes time. This is a relatively new field (am), and some of the players are even newer. The regulatory issues with quality 3d printed parts abound. There are known standards to traditional manufacturing, not so much here. With all the challenges AM faces right now, it's absurd to think we wake up tomorrow with 50mm revs right off the bat. Companies will be (and are right now) evaluating PR3D and some will probably wait until DEFORM is set to go. Patience is warranted, and my bet is it will pay off.
Keep in mind, Motley Fool does not write about penny stocks. I tried to get them interested in SGLB, and they won't cover any stock trading under $5 normally.
Added some more this morning at .088...brought my avg down to .124. Not going to be able to do this much longer. Good luck to all.
I've been watching this board for over a year now (and have owned SGLB for over a year.) I have really enjoyed most of the commentary. I picked up another 30k shares today at .099... I really do think we are on the cusp of a move upward very soon. All it will take is ONE announcement about contracts or revenue to send this one shooting upward.