Sigma Labs Inc (SASI)

[DriftinWayOfLife]

I realize that the details are quite sparse and that the devil is, as always, in the details. In a couple of weeks we will have the opportunity to ask Mark for more details regarding these notes and warrants. For now, it will be speculation.

That said....my impression is that this structure will allow SGLB to continue to keep the doors open. This structure appears to minimize the dilution effects that would have occurred had there been a private placement of shares rather than a loan. I would certainly like to know which "assets" were used to secure the loan .... The printer? A patent? All patents? What are the terms of the note? Time period? Details of the "convertible" aspect of the note... Etc etc. will the infusion of $900k be sufficient along with revenues in the near future to allow for enough time to achieve the transition and uplisting?

My initial reaction is that this is a good route - reserving the right to alter my opinion depending on the details. I am curious as to the impressions of some of the posters who have been more skeptical and negative about management.


patience and GLTA