Sigma Labs Inc (SASI)

[Long-vestor]

>.053 PAYROLL ETC??, " compensation " Oh I donno, it's only written 3 TIMES!! written 3 times, Written 3 TIMES! !!

Warrants coming due are also written multiple times too, but I ain't doing all the home work fer ya.

.. GO FOR IT.

In March 2015, the Company issued 1,000,000 shares of stock to a director. The Company also issued 500,000 shares of stock to an officer, and an aggregate of 2,103,774 shares of stock to two consultants, subject to vesting restrictions. The shares were issued pursuant to the 2013 Plan. The shares were valued at $0.053 or $191,000. 1,650,944 of such shares vested during the three months ended March 31, 2015 and the remaining 1,952,830 remain unvested as of March 31, 2015, reflecting an increase to deferred compensation of $103,500.




As of March 31, 2015, the balance of unvested compensation cost expected to be recognized is $812,450 and is recorded as a reduction of stockholders’ equity. The unvested compensation is expected to be recognized over the weighted average period of approximately 2 years (through July, 2017).