Sigma Labs Inc (SASI): We don't know what resale restrictions w...

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Re: Profit post# 36103

Tuesday, 07/21/2015 10:09:27 AM

Tuesday, July 21, 2015 10:09:27 AM

We don't know what resale restrictions were placed on the shares because SGLB did not disclose the restrictions. By law they must be restricted for at least a year but SGLB may well have specified a two year restriction which would exactly line up with the current selling pressure. If I were the buyer, looking at the current performance of the stock, I would be in a hurry to at least recover my investment before the share price sinks further. If there is positive news soon, I imagine the selling pressure will ease, otherwise it could get very nasty.

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Recent SASI News

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