Sigma Labs Inc (SASI)

[guyver12]

The only fact you found that I over looked was that the program is supposedly for a year from install and the price was/is predetermined at signing(still doesnt state a price range and I'm not buying the whole every situation is different excuse).the other information you provided proves my point of them not really giving direct answers.I view those other statements as more or less them hoping for the best and not them necessarily confirming anything.even on the calls they don't sound very confident about their answers.it comes off as if they are just trying to keep the investors happy instead of being straight with us.

No where did I state that they hadn't sold to anyone, but given that one of their products has been available for a year and was developed with a company they like to remind us they are in lockstep with I expect more at this point and by more nothing extreme.one to two million in sales would be fine if you also included the manufacturing part of the business that they claimed was getting inquiries.

Again they seem to be making progress,but as myself and others have said they need to be more forthcoming with answers.In my opinion part of the current reason for the price drop is because people were expecting a major buy from GE once production started and unfortunately it was indirectly feed by Marks lockstep comments.if he was more direct about the current situation with GE people would have had a more realistic time frame for higher volume product sells.outside looking in they seem to have a better relationship with Honeywell.This is what happens when people are lift to guess the direction of the business instead of them being as open as they could be.also the fact that they seemingly created a trial program out of nowhere makes me feel as though people may not be as interested at this point and time as we were made to believe.

For the record I currently have no plans of cutting my loses yet.Sigma still has potential and I believe the industry as a whole will reshape manufacturing in the coming years.as I said for the third or fourth time now I just want more upfront communication.at this point clear communication is more important than sales at this early stage in the companies development.