Sigma Labs Inc (SASI)

[alanthill]

Duffy: I think you are partially correct about Mark's thinking. The very definite impression I got was that Mark visualized a set of criteria that was necessary to uplist to a major exchange. He saw getting the share price above $4.00 as the first step, an independent Board as a second step and he honestly believed that the necessary sales, share holder equity, etc. would follow before too long. I got the impression that he was totally surprised by the drop in share price and I think believed that the share price would hold up in the same relative range as it was prior to the reverse split until the necessary sales/equity requirements were achieved. In a sense I can forgive him for being naive about this but O'Mara, of all people, should have immediately realized what would happen to the share price and put a stop to it. Business decisions like this are why I think Mark would be happier, and the company far better off were he in a position that was exclusively focused on enhancing the technology.