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This is great to hear, thank you.
I see your point, but I could also view it on the flip - that instead of GE using SGLB, that SGLB used GE to review/test and improve our products to what they are today. It's all subjective. Not all is lost.
Incorrect! The price of a share is never indicative of whether the product works! But what people are prepared to pay for it (that preparedness is often uneducated).
Once revenues start piling in (when the industry is ready to adopt and that means everything else on the production line is ready) then this will be a big driver for the increase in PPS.
Not worth the risk to you? Cool, see ya around.
Are you serious? You think the product suite is developed overnight right before launch? SGLB saw this gap coming a long time ago AND they have taken more recent advice on board such as readying for IIOT.
I got excited reading your post, as you put it, it's hard not to be confident when you see all that is happening.
Agreed, I'd expect companies like GE to have their own patents as soon as possible in a disruptive field like AM. And i welcome their business on our terms, but am not bummed at losing them if they did want to control the terms. Not saying they did though!
If they do use our tech combined, or just use our tech, my view is that I see GE so focused on GE first that they can bully SGLB. Where as other companies (Honeywell for example) support their partners and have a slightly more transparent approach to doing business. This is all just my opinion of course. Many ways to conduct business - There's smart for your bottom line, and there's smart for collaboration and growth in partnership - leveraging partners rather then developing in house. Just a lens.
I didn't like our hopes pinned on GE early on. I'm very happy with all our customers now though. The minute GE starts putting pricing pressure when buying SGLB products, other customers start to feel alienated.
See ya GE! I knew we had lost them a while ago when MC dismissed in the CC, but was happy about it. A company like GE is no gentlemen (imo) when it comes to good business and good partner practices. The ten pound gorilla would have thrown their weight around and we would have come off second best. They may still
Use our tech combined with their developing tech, but as long as SGLB is not bent over to play ball then I'm ok with it. We are in business with plenty of top notch partners that respect and support partners.
The price of a share and market cap in my mind are not indicative of whether the tech works. But people still anchor on that. The market is investing purely for movement and what they think the base price for that movement is. Most get in early. Some are just getting in. The price may languish. People will play. The market has noise. None of this is based on SGLB's product confirmations in the industry and with NDA's as it's unknown just yet. Once revenues hit it will be validation. Revenues are inevitable in my mind. Make your play.
You are right, I don't think they have. Maybe I've read that they had a 'plan' to do one previously too which didn't eventuate. Or it was another site or something. Do you know why the most recent drilling is suppose to provide more accurate results then previous drilling? Why would 'picking' drill samples to conduct the PEA be good? If they had extensive drill samples from all over the site which I believe they had... Seems a lil suss to me. They have waited 3 years to plan to do a PEA.
Just being silly but kind of serious, I'd like to see the minutes/action items of the company from the last 3 years over this report at this point.
Lol I was sadly around to read the 2014 report. This is just a fluff piece to report something... anything. They have the site reports. Reporting more is just turning gears. Nothing to see. Check back in when graphite stocks are low - that is when china burns through their stock piles.
"the software doesn't work"
It's comments like these that discredit any bear sentiment. It's been proven that the software works. We have contracts kicking off. We have customers actively saying our software works. Review previous posts and you will see the facts of these successes.
The more I read your input (add RFB's) the more I feel you're posting to bring down the SP and focusing on the very very short term. Please backup your comments with facts, we would be extremely appreciative if you could post facts that could enlighten us with the belief this is a disaster. And clearly label your views as views - no need to add the short term nature as we can see the shortsightedness.
Many thanks
I guess mainly because my past has been of shorter term investment (not a trade though) so averaging down a losing stock would increase my risk of losses. Also, most of the time my money has been tied up in diversified stocks, which I guess is bad as I can't take advantage of bad days. I've just never averaged down as I never was comfortable if there was a turnaround. That was due to being relatively new and NOT fully understanding the companies fundamentals to determine it a good strategy.
In SGLB's case, I do have a longer term view which never started out that way. Over the years I've been comfortable/excited holding on. Then the last 18 months has seen me averaging down quite a bit, especially after the R/S and in most cases I sold other stocks to do so. I'm now at a point where I think I will sell more stock to redirect into SGLB. I'm just a bit nervous and don't know if I'm making a bad decision as I've never averaged down before SGLB. That nervousness is just the volatility/uncertain new direction of SGLBs partnering. That aside, I'm still excited about the core offering and remain long. I can't help but think I may be a very rich man by 2020.
You caught a good run up when it flew a few years ago. But patience is everything with the market. If you're only after momo stocks, find winners nobody else has seen. In my opinion, much riskier.
Yeah I feel good with the tech. Not happy with the SP, but I feel this is buying opportunity to bring down my average further from $6. Which I never bring down my average on a losing stock. Just waiting to see where it sits. Despite the troubled SP, I'm a believer. Will SGLB go back to OTC land, I don't think so. Will they at least double from here, in 12 months, yes I believe that too.
Agreed and thanks.
Re business mind, I guess I have higher demands as an investor. But I've learnt to deal with it considering what SGLB is really doing for the industry - that is all that matters. It can't be easy. But I do feel with the original 100:1 R/S that he should have had more ducks in a row, and over that period he should have executed better. In addition, the disregard for investors may be related to NDA's but at least show some empathy for the investors backing your firm - communicate what you can. More or the same then you do to local news papers. Also, little things like buying printers to 'contract' out, but not really selling it. I also think as CEO he should be doing more as the face of SGLB.
But I guess looking at it objectively, how would I really know? The fickle market with all the bashing and price gouging is as much to blame for the SP.
It's a speculative play, but if there was a spec play to believe in more then anything else - it's SGLB's offering to the manufacturing overhaul currently being globally raced.
I think so too. I don't understand why when we are so close to raking in the big bucks, people start freaking out. I mean, MC isn't a business man - but he's done pretty freaking well to get this far, skill lacking in consideration.
I'll give SGLB until mid 2018 to start showing some real money flow before I start questioning my investment.
So much fear mongering. Nothing has changed in my mind - 2018 was when MC expects revs. Let's discuss this 50k a month figure with MC on the next call. Maybe when the recent contract revs hits the books we will be laughing. If not, we ask, what contracts bring zero or little money for the company and why.
Yeah we are not in a good place. But the in Q1 YoY variance was attributed to an outlier payment not considered part of their, what may be considered, day to day business activities.
America makes and DARPA paid Q1 2016.
Stay, leave at $40.
I honestly don't think sigma needs GE. In fact I'd rather not see GE put price pressure on Sigma and bully by weight. We saw it with Invensense right, Apple and Samsung. GE could potentially do that, not that I think they will.
With the cool cats we are in business with, GE can watch from the sidelines and SGLB will wave hello.
Sorry that was for wick.
Yeah... streamics! DYOR and you will be educated on the differences.
Streamics and inspector has not only been posted before but discussed to the point where it was clearly understood that streamics is more operational management and inspector was Sh!thouse compared to IPQA. So to repost makes me believe you either didn't read those posts or have new information on them. As I have not read anything new I'm assuming the former?
The only way I see lomiko mining is by either borrowing money, or if some large investor buys in. Any money they have trickling in must be to keep the company's head above water. And won't last long. JMHO though. I feel a sense of desperation from both Lomiko and Graphene 3d labs. Fingers crossed these turn around, for everyone including the employees.
I'm glad my Australian stocks are doing better.
Yeah I have only a couple thousand thrown into Lomiko and graphene 3D labs. Just to follow. But wish I didn't play that game.
These two companies had a supply relationship where Lomiko was the sole supplier of graphite to graphene labs. I liked the sound of that. Then I believe Lomiko invested and partnered with graphene 3D but I am not surprised if they sold some of those shares just to stay in business. The spider charger kickstarter was embarrassing. Lomiko's only hope is in somebody buying them out for their properties or if their energy storage venture actually delivers a product that gets some market share. Not betting on it.
Graphene 3D are just as much a wasted potential to me. Very bright people, that have failed on the business side.
SGLB on the other hand, well that company I do have a bit of money in. And am very excited. Hopefully we are right about this one we will share in their success together! I do listen to what The SGLB bears have to say though as caution and execution are important when emerging in a new industry.
I live in Australia. And don't have the money to fly as we are building a new house. But if I were in the US, I'd love to meet him and invite myself to dinner at his house. I'm down 50% so will be eating/drinking the variance until I call it even.
I'm dying! Behahaha
Lomiko is BS. All I see is that they issues shares to pay their own wages. I don't think they get the concept of investing and just assume shareholders are happy to give them money to blow.
Saul from Breaking Bad, type of character. See the 2 disclosures in that link.
I don't know how much, if at all, this effects us - but it doesn't look like they are the professional geniuses I had hoped where helping us. Let's hope their involvenent with us is done - they did do their job.
Yeah, there's no recovery from this. No large investor would be interested in propping her up while she recovers (going concern).
I'm just not sure if the hull has a repairable breech, or if the ship has already sank and is just resting on a shallow reef.
What I'm hearing is when they start reporting solid revenue streams (this year), this will see a solid uptrend. Sounds like a solid time to take advantage of the buying opportunity. (still hoping this isn't a dead stock walking, if it is, I'm a dead man walking).
I'm in the 'I don't care what they do with the cash' boat. Reinvest, keep it on the books, buy GE. As long as I see revenue coming in, that's what I really am looking forward to.
Correct. A primary key would be given to each part, and data lineage is written accordingly. Regardless if each laser focuses on one part, or multiple, data is tracked and stored per part.
Thanks Jeff and Dad. I guess the fault lies with me if you are having success. I note I used the IR email on the SGLB website so that may be why.
Anyone else reading this should note Scott's email to use - assuming transfer of contact emails etc are still being established.
Cheers
Not only am I not getting the IR emails, they are also not replying to my emails. Stick to this board for updates and some of the best commentary you will ever see.
Lack of revenues? I will stick to my notion until otherwise. :)
I hope you're not just posting here, and are actively emailing IR and mark.c with these thoughts.
I hope everyone is!
Noted, and thankyou for letting me know. Much appreciated.
If an investor (I'm willing to) was to approach Sigma and ask:
1. What their roles and responsibilities are, and
2. Considering the financial situation the last few years, what has been the major contributions of key team members, and hence justification for tyese pay rises...
Do you think this would get answered?
I think MC is justified, but not Amanda. What you have raised is something that I have also been worried about. That is, for lack of a better term, the Cola clam taking the piss. Why does she get such a huge pay rise? Surely it is justified (for all) only after the cold hard cash hits the books. As somebody who has started buying dips again, I'm hugely worried about this kind of activity. I've seen this before, a huge opportunity thrown out the window by greedy hands.
A true local story - Newsat limited was huge opportunity for an Australian company who owned key satelite spots in space, to put satelites up and reap governemt spending on communications across key locations (Africa, middle east etc). The contract payments alone were expected to be big. The exec board went on tour to drum up additional investor money, only to blow it all on lavish trips and parties instead of paying Lockheed Martin and Arianespace.
I'm not saying Sigma are partying the money away, but the money should be staying with the company during uncertain times. Once things are running, then go nuts on any surplus. Company first! That's what gives you the lifestyle.