Sigma Labs Inc (SASI)

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Maxin,


Thanks. The only other thing that occurs as a possibility, and I think this is unlikely...is that they want to get their money out quickly because they know the buyout of the other firms that is planned and seems not unlikely to occur, will take up a lot of cash and they don't want to let their principal ride until October.

But, you would think they would figure Sigma to issue more shares to pay for the buyouts and thus remain in a position to pay off the loan in October, if they were to have preferred not to exercise the conversion to share option.

And they may consider the likely buyouts to improve the prospects for Sigma, so maybe they do want to retain the shares and let them ride.


It's complicated and not possible to know what they are thinking for sure...but again not having to pay back the note...the tearing up of the loan seems to leave us at least in a neutral position.