Sigma Labs Inc (SASI)

[Pisd]

I recommend people stay away from SGLB for many reasons. As pointed out very little liquidity, especially the warrants, and heading lower as anticipates zero profit. Of huge concern is that only a few months from restructuring, following a r/s and Nasdaq uplist, they indicate there are almost no remaining outstanding shares available. Of even greater concern than that, they cite wanting to increase a/s many fold for the purpose of joining in a collaboration with other companies, through further shareholder dilution.

As strange as this sounds coming from a Nasdaq listed company with no details, has already put out a convertible loan to one of these companies, which in my experience, means Sigma will become some kind of % owner of this company. Supposedly they will buy a printer with this, and somehow Sigma will make money from the collaboration.

Lots of wishy washy here at Sigma, scant details on their various deals, and doesn't show up on their balance sheet, or very well explained in any filing, regardless.

If they acquire other companies and run them into the ground like they are this one, as they are telling you they want to do, with future share issuance, then this will be a very bad strategy. Especially combining two sets of staffs, one in NM, the other in CA. Plus two other companies after that.

I suppose Mark and Amanda will need a private jet to go back and forth.

Terrible waste of opportunity here at Sigma, reveals they have nothing in the bag and treading water at best.