Sigma Labs Inc (SASI)

[johnny canuck]

I hope you are not advocating a reverse split now (18 to 1). It would be most definitely the kiss of death for SGLB. There is NO way MC or VD could justify that large of a RS.
I sit in the 6 figure bracket of shares held..... but what of the smaller retail investor?
Say someone with 10k, 20k, 30k shares. They might just as well pack up their tent and go home. In any company there are a LOT of investors that can only afford a small amount of shares, 5 to 10K. A lot of other retail investors would bail as well.
If a RS is in the card MC, would be better off to wait for the price to get up near the tipping point for getting on a larger board and go for a 2-3/1 split.
Get it up to $2 and do a 2 to 1 brings us to $4 and 1/2 the outstanding shares. That way if there is a slight dip in the price it won't effect SGLB staying on the better board.
Who knows? Maybe with enough contracts NO RS would be needed. Yes, I want to get off this board as well but am willing wait for contracts and finances to be announced to see just where the SP is going to land.

What you are seeing today(MY opinion) is SHORTS using the up tick rule where by the SP has to go up before shorting. Thats why you almost always see (and I've been watching) a spike at the start of trading followed by a dump at a much lower price. Day trader/short games.
Someone stated MM's and brokerage houses don't hang onto shares. Where do you think ALL the BORROWED shares come from for shorting?

Again just my opinion. GLTA