Sigma Labs Inc (SASI)

[maxinkuckee]

You assume the authorized but unissued shares will be used for some nefarious purpose.

I tend to think it is prudent planning for the future so that Sigma is in position to capitalize on opportunities that arise that would be in the best interests of the company and its shareholders.

This could take the form of acquisitions or mergers or the selling of a sizable stake in the company to an institutional investor or major player in the industry.

Sigma can't act in a timely manner on such opportunities if they don't have the shares to proffer. I think they have made a prudent decision to prepare for future eventualities.

We may not all agree on past decisions and there have certainly been disappointments but I don't for a minute think the company, its officers and directors are sitting back scheming on ways to screw the shareholders.

Most of them have a larger position in the number of common shares than the rest of us and much more to gain (or lose) depending on the pps. It just stands to reason they want the company to succeed and for the share price to rise dramatically.