Sigma Labs Inc (SASI)

[maxinkuckee]

Alan, it appears you value accuracy and forthrightness, so I think it appropriate that we point out that you have misstated the facts in your recent posts when you contend that Mark has doubled his wife's "salary" without any change in her responsibilities.

The proxy states that Amanda Cola was appointed to her present position on September 11, 2015.

The proxy also states that Mrs. Cola received a salary of $89,250 in 2015 and $90,000 in 2016 - an increase of $750 for serving in her new position for an entire year.

Mrs. Cola also revived a bonus of $10,000 in 2016, so her total cash compensation for 2016 was $100,000 - an increase if $10,750 over what she had received the previous year (8+ months of which were spent in a presumably lesser role).

The balance of Mrs. Cola's compensation package for 2016 consists of a grant on July 22, 2016 of an option to purchase 15,000 shares of stock at an exercise price of $5.92. The option is subject to certain vesting requirements.

The fair value of the options was considered to be $71,394 on the date of the grant. But obviously, given the present price of the stock, no gain or benefit has yet accrued to Mrs. Cola.

Any disdain anyone may have for Sigma and Mr. and Mrs. Cola should not result in conveying inaccurate or misleading facts.

Mrs. Cola's "salary" was NOT doubled without any change in her responsibilities.