Sigma Labs Inc (SASI)

[TedJ]

Issued & outstanding shares:

6,267,577 from last 10-Q 09/30/16
+40,000 issued to Bell & Garofalo in Jan.
6,307,577
/2=
3,153,789 post 1:2 split in Feb.
+1,410,000 issued in public offering as either Class A or Class B units
4,563,789
+211,500 issued as the over allotment
4,775,289
+5,231 issued to John Rice 2/15/17
4,780,520

Does not include the common shares underlying the warrants issue as part of the public offering.