Sigma Labs Inc (SASI)

[Long-vestor]

Did I say that? NOPE!

But I am telling why I predicted, actually calculated the fundamental reason of why I warned .04 months ago!
That wasn't magic it's fundamental fact.

Long-vestor Thursday, 02/19/15 02:47:29 PM
Re: RFB post# 30558
Post # of 30572


All of the share figures adjust. the warrants have discount clauses based on conversion date and market prices. the offering also has clauses for warrants, convertible warrant at that.. Then there's the route to convertible preferred as 'investment' vehicle.. Both warrants and preferred can be issued without increasing the authorized, until later.


To date the main income has been through Toxic lending tactics and pump to dump stories to help them dump it.. That's a guarantee that all the lending contracts are TOXIC! all funding to date is TOXIC and will have clauses which are bad for commons. Duhh! that is why the price continues to decline TOXIC DUMPING !
and the low was .04, not .049.. convertible warrants and preferred also have time periods to back date the adjusted converted prices.

Regardless of the filed price of net tangible share value, it's shaved another 25% off of that. ..

Then there's market adjustments. when a company issues stock to lenders or investors market momentum adjusts down to that price.. You'e looking at below .04 currently and as time moves forward, that crap they're calling income?? ain't!!.. It only gets worse as they out the stock in preferred and warrant.

Because of their illustrious history of obtaining toxic cash, no proper investor is going to accept conditions other than the status quo. Toxic convertibles.