Sigma Labs Inc (SASI)

[silversmith]

Those revenues are already inked Ted. It is stated in numerous places that the company has funds for the remainder of the year.
The S1 states that the offering will fund them for capex purchases and operations through 2019.
I don't agree with you about them using the S3 for funding. It is surely possible, but shares have already been issued for compensation to some of the players involved with the up-list and offering. The S1 is the pointy end of the spear at the moment.
And you have convinced me that the offering and the up-list are intimately linked. Some major document changes would have to be submitted and approved before they could do an offering in a different way.

All the best,
Silversmith