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RFB

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Alias Born 07/07/2011

RFB

Re: None

Friday, 12/19/2014 10:01:34 AM

Friday, December 19, 2014 10:01:34 AM

Post# of 81999
SGLB has some serious confirmed dilution underway/planned....the recent deline from the .10 price point is likely due to the previous filing and given this filing includes the 100M language along with the 25M and some cut and paste verbage from every other penny security documents, that are issuing shares. Given this, I truly am uninclined to invest or even trade this company until something is proven in the way of ongoing revenues. Sorry all, but they are looking more and more like a protypical penny issuing security. If they were on the cusp of generating revenues, why not generate from forthcoming capital, and if they had some POs ready to close, they could have easily got a line of credit from a reputable company for the POs. Lots of questions here and very uncomfertable with the financial position they are in-walking themselves into....Best of luck. If the management goes mum, that is when you truly need to run! For now, they are staying transparent and current, both very good things, but buyer be cautios.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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