Sigma Labs Inc (SASI)

[alanthill]

Smooth: While Kanya and I often disagreed on the outlook for SGLB, I can assure you she is no pumper and dumper. She has been one of the most consistent purchasers of SGLB stock and if she purchased shares on the schedule she has announced she is likely among the largest shareholders outside of the company itself. The conclusion she has come to, and I know for her very reluctantly, is that SGLB has no real interest in their shareholders. I think Wick hit it on the head when he said that they are scientists more interested in getting recognition for their science than in making money. The Board as well has proven to be ineffectual in managing the company for the benefit of it's shareholders and needs to be replaced. Additionally Mark's responsinbilities need to be restricted to R&D and a new COO brought in who will focus on making a return for shareholders. Unfortunately Chef and I could not raise enough interest among the posters here to mount a campaign to replace the current Board at the last meeting. I'm hoping that this mistake will not be repeated at the next Board meeting. It is not too early to start hunting up a slate of Board candidates that will be shareholder friendly and get them elected at the next meeting. Failure to do so is simply going to result in more of the same and there is too much money and opportunity on the table to allow that to happen.