Sigma Labs Inc (SASI)

[Dreamogul]

I lost $26,000 on Sigma thus far, started investing in them 2 years ago. I agree with RFB. It is going to take some time before this moves upward, many factors coming into play. I am waiting for another significant drop before buying back in.

I think the reverse split was movement in the right direction. But I also think it will drop into the 3's at some point before it starts to climb back again.

The one major fear, is that once it climbs back there is no stopping the powers that be from issuing additional shares. Currently, they are unable to because the company has to have a market cap at $75 million I think. (from what I remember). The board's answer to the question abotu issuing more shares was a bit dishearting as well. Simply stating, that they aren't allowed to at this time because of the market cap and thus discussing the topic at that time wasn't valid.

This to me says #1 that they looked into it. #2 that they basically were avoiding the question. #3 that if the company were valued above $75 million that they might further dilute the shares for their benefit not the current shareholders.