Sigma Labs Inc (SASI)

[KlausVT]

TedJ -
not speculating here, merely stating a fact that someone with a large chunk of shares to sell is doing it in an "automated" way by issuing a market sell order every one minute, that translates into 6000 shares per hour and that for >3hrs now, so substantial, and nabbing away at the bid at any given time. Could also just be tactics to minimize share price impact by not dumping it all at once but giving the bid time to solidify and therefore maximizing the money received for the shares sold in this time frame. Who knows, why this is done, there's any number of reasons but it will keep the sp down unless buying volume is picking up significantly and consistently and with the same tactics (placing 100 share buy orders every one minute.
It certainly is not the company using their money to buy shares as these are clearly market sell orders.