Sigma Labs Inc (SASI)

[alanthill]

Yes, fancy that. It would seem that someone's' got the advance word on the news that the authorized share count was going to quadruple.

Amanda Cola's compensation package also got doubled to $171,394 a year. Her job title (not responsibilities) but "job title" got changed to VP of Finance and Business Operations. This despite the fact that Murray Williams works part time (25 hours a month) and fulfills the functions of Chief Financial Officer, Treasurer, Principle Accounting Officer, and principle financial officer. Williams is paid $200 an hour, receives a grant of 15,500 shares of restricted stock and an option to purchase an additional 31,500 shares of stock. This in a tiny company with about a dozen total employees. If Murray Williams really performs the functions he is charged with what in the world does Amanda Cola do to justify a doubling of an already exorbitant salary other than be Mark's wife. This truly stinks. I'm sure all the dot connectors will find ample justification for this fiasco. I'm looking forward to how they manage to spin it.