Sigma Labs Inc (SASI)

[alanthill]

Silver. Your faith in the future of SGLB is quite obviously sincere and admirable. However, when blind beliefs start to affect rationale judgement it's time to take a step back for a second look. SGLB is running at a quarterly expense rate of $800,000 with only $550,000 cash on hand at the close of Q-2. While hopefully their revenues picked up some this quarter they are clearly operating on fumes at the moment. What are the odds (after all this time) that a significant contract/revenue announcement is going to occur in the next week to ten days? That is the time frame that is necessary to spare them from an absolutely disastrous share offering, and kill any chances for a NASDAQ upgrade. If they are forced to issue shares without a contract announcement, which becomes more likely by the day, the stock will be trading sub $2,00 in a heartbeat. The share price will take a hit from which it may never recover. I don't like those odds, and as a rationale investor neither should you.