Sigma Labs Inc (SASI)

[alanthill]

Kanya: Of course I was not happy with the results of the meeting. That's why I immediately disposed of the shares I owned. I attended the meeting because it became apparent that no one else was going to be able to attend and I am local. I believe Mark and the entire Board, no matter how skilled in engineering, to be incompetent business managers. I believe that they are more focused on having others admire their engineering skills than they are in making money for their shareholders. The whole operation in my opinion is operated more as a "hobby technology club" than as a business. When asked what Ron Fischer's accomplishments were since being employed last summer Mark proudly pointed to the list of new demonstration agreements (all non-revenue). It's very clear that like a portrait painter or a skilled musician he gets his reward from others admiring his work rather than the income it produces. As a shareholder I'm simply not interested in a company that is operated in this manner.