It's rare for Silver and I to agree on much of anything but I am in wholehearted agreement that the next 6-8 weeks are going to be chaotic for SGLB. On the plus side is the announced intention to upgrade and the new director selections. The share offering is only positive if the price is right (and Silver and I differ on whether an announcement of major contract / orders is necessary for that to happen). If you are a substantial shareholder it's not too early to map out your strategy now. Is it a good thing, as Silver suggests to help prop up the share price so that SGLB is assured of having a closing price no less than $3.00 so that it qualifies for the NASDAQ Capital Market, or should you start shedding shares now in anticipation of the share offering where you can buy the units? If you are a believer in the longer term future of SGLB the units would seem to be the better buy than the naked shares and if there is only a modest premium to purchase them you would want to have the maximum amount of funds available. In the worst of all scenarios whereby SGLB does not maintain the $3.00 closing price, there is no major contract announcement but the share offering goes forward (they need the funds, so I don't see much option here) the offering might come off at prices lower than todays. In that event you would have funds to purchase the units if you continued to believe in the future prospects, or you could choose to sit on the sidelines, being at least some money ahead from your earlier sale. Regardless of how you predict how all these events might gell in the next few months, now is the time to think about your options and not after one or more events have taken place and any options have evaporated.
