Something small but very critical everyone is overlooking.
They hired 3 employees, this is something that nobody is putting enough emphasis on.
I have been part of startups that failed or succeeded, and one of the most important assets are the people especially talented people.
It's easy for you to dump $5k, $10k or $25K in to this stock. But are you willing to quit your job and go join Sigma Labs? I know I'm not. I get a six figure salary, there is no way on God's green earth I would quit my job, no matter how much I want to believe in Sigma Labs and work there to take a "chance", and if you say you are willing, then you are probably lying or don't have a job to start with.
99% of you will not leave your job, to take a job at a company who's 10Q just said we believe we have enough capital to sustain till 2015, but no guarantees of success in business.
This part...convincing a few employees to believe in you and come work for you is the most difficult portion. But once a few come, others get braver and will come, and once the employees see some sort of progress with the business, flood gates open and all want employment.
Some of you were concerned with paying these employees shares, I'm not at all. This is how it works...you take the risk to work there, you reap the rewards if succeeds. Most startups I been part of, we had to significantly overpay market, in order to convince people to come work for us.
In my opinion, this 10Q was one of the strongest yet with a significant milestone crossed, one I laid out above.
Good luck to all.
