Sigma Labs Inc (SASI)

[crook717]

I mean, if companies like marijuana stocks and various other companys that no one has heard of can trade at prices of .18 a share I find it very strange that this company with so much "legitamacy" and credibility is still trading at .09 a share.

I continue to be amazed how many posters try to compare share prices as a valid approach to valuing a company.
Please for the love of gods, use market cap as a comparison, not share price. Share price means absolutely nothing. In addition, when you look at market cap, please see what "assets" the company has that makes up that market cap.

But to be fair (you must have been using MJNA) MJNA has a market cap of $154 million, while SGLB has a cap of $60 million. MJNA is also easier for people to conceptualize and MJNA does have revenue (posted $4.8M in revenue, 20% growth from prior years quarter), net income, and a whoopping $50M in cash which is 1/3rd of their market cap. If I was to compare the two, I would say MJNA is in a much healthier position than SGLB.

this company with so much "legitamacy" and credibility

Read the above paragraph...has 46 employees, has solid quarterly revenue of at least $4M+, has A LOT of cash, pot is not a new concept, and just like alcohol, it will be legalized nation wide. You can argue the legitimacy and credibility on both sides, but I would give this round to MJNA over SGLB. Future potential? Probably SGLB, but right now, if I was going to invest in a "safer" concept, MJNA hands down.

By the way RtuneInvest0tunoinve...I have a TRIVIA question for you...which company is more expensive? Apple at $106 a share? or Chipotle at $641 a share?

Disclaimer (I do NOT own MJNA, but do own SGLB...still)