Exactly correct.
I talked about this a month or so ago when many were expecting revenues very soon. Fact of the matter is that GE or any other big company is not going to hand over a multi million dollar contract to equip 100+ printers with only Cola, Vivek and a few teddy bears supporting them.
You need customer service, IT support, expert technical support and an entire infrastructure in place if you want to maximize your revenue potential. You'll never see a company with sub 5 employees making 50 Million in revenue is my point.
So tapping into the S-3 filing to raise capital before a major contract is announced...well not going to happen. I can bet money on that.
Here are the series of events that will most likely occur.
1.) Sigma Labs will receive a big contract sometime soon, but to start at a future date and probably with contingencies. Annouced sometime soon, but won't be payable until GE finishes their 3D manufacturing facilities,
2.) Stock price will spike immediately, but how much is dependent on how the contract is structured, the size of it, etc., (uplisiting at this time wouldn't hurt, and probably will happen)
3.) Now that Sigma Labs knows that they have secured a contract that will start paying say 6 months from now, it gives them time to start ramping up and building their infrastructure to support GE or any other company. They will not do or rather shouldn't do this (if they were smart) without securing a guaranteed contract first. This is where they will tap into their S-3 filing, after a spike in stock price, and raise additional capital for expansion (which is Cust. Service, IT support, technical support, HR, accounting, finance etc.)
I'm limited to 1 post a day. See you tomorrow. ;)
