Sigma Labs Inc (SASI)

[alanthill]

I am remaining on the sidelines here. My plan several months ago was to reenter when I thought that the stock price had reached fair value (in my estimation that was .08 more or less). Even though we are now at that level I am hesitant to buy because of my disappointment in the Board for not seeking out independent directors. This is, of course, a requirement for upgrading and I believe a pre-requisite for gaining wide accepance in the marketplace. It was fine for a group of former employees to get together and get the company off the ground but now that they have some maturity under their belt and are getting ready to generate contractual revenue I simply don't feel comfortable with insiders running the show. I had hoped that they were going to address this issue at the last board meeting, but from all appearances they did not. I believe that there should be a strong push-back from current shareholders for the Board to rectify this situation before they get too much further down the pike both for increased confidence in the Board's actions and as a pre-requisite for eventual listing on a major exchange.