Sigma Labs Inc (SASI)

[alanthill]

It would have been wonderful if they had qualified to uplist when they did the reverse split, but they were a long ways from meeting several of the criteria. The fact that qualifying to uplist is very much an unknown puts price pressure on the stock price going forward. The rationale for having a $5.00 stock price rather than .05 is that most institutional investors will not buy anything that trades under a minimum dollar value (often $5.00). However, for reasons I pointed out in my earlier post I don't believe they will touch this until/unless major orders materialize.