Sigma Labs Inc (SASI)

[alanthill]

Silver. As I read the S-1 it seems clear that it is SGLB's assumption that the upgrade will occur prior to the share offering. I did not see anything in the S-1 that "required" that to be the case and that is why I asked the question. SGLB can make all the assertions in the world about future orders (that is getting pretty old at this point). If those orders are not announced and firm prior to the offering (whether or not they have successfully upgraded) the offering will fall flatter than a pancake. You can only promise orders so long. At some point you need to deliver, and that time is now.