Sigma Labs Inc (SASI)

[alanthill]

It would appear that our "independent" board of directors are on an extended leave-of-absence. They have a fiduciary duty to look out for shareholder's best interests. Perhaps a class action lawsuit would be just the thing to make them sit up and take notice of what is occurring. They are long overdue in taking corrective action:

24 consecutive quarters without a penny of profit
A major stock dilution and another one just around the corner.
A management team that focuses on partnerships, evaluation schemes, and industry presentations rather than sales.
A dismal sales forecasting record
A questionable product offering that has been exposed and tested by all but never purchased in volume.
A sales team that has had no measurable success to date.
Questionable big-ticket purchases (million dollar computer)
No noticeable effort at cost containment in tough times (layoffs, salary reductions)

Gee........... Wake up Board of Directors....do your duty!!