Sigma Labs Inc (SASI)

[alanthill]

The choice is dependent upon your longer term outlook for the stock price. Just to make things simple assume that the stock is still trading at $3.00 when the offering comes to market. The units will be priced somewhat higher because of the attached warrant (let's say $3.20). If you buy the units you will have the right after six months to purchase an additional share of SGLB for $3.84 (a 20% premium to the offering). I didn't notice, but there is likely an expiration date on the warrants, after which they are no longer valid. Your decision then is it worth it to pay an extra .20 to buy SGLB at $3.84 in the future. Keep in mind that if for some reason the price of SGLB does not exceed $3.84 in six months you would be better off simply buying additional shares on the open market. The longer the warrant is valid the more valuable it becomes. If there is a major contract announced, or you believe a new contract is inevitable in the near future, than the units are clearly worth the small premium. My numbers are just an example, you can plug in your own numbers and make your decison.