Sigma Labs Inc (SASI)

[silversmith]

Risk,
There isn't much that my position on the vote will change concerning SGLB. It didn't take a rocket scientist to see that the two previous reverse splits were going to put SGLB in this very position, at the expense of the then current shareholders. In my opinion the structure of the second split was the second of two unintelligent acts that Cola undertook, highlighting his lack of CEO ability. He is responsible for SGLB being in this position. Now they want more dry powder to play at becoming a profitable company, and they want the shareholders to enable it. But my feeling is that if I am going to give it to them, then I want something for it. I want to see a forward 1 for 2 split. I know, I know, they have to remain above a buck to stay listed on the NASDAQ. So my take on it that I want a forward split, even if it drops the share price in half. Get their butts out there and sell PR3D. Acquire a couple of existing companies with profits and good growth potential, at a fair price, with the new authorized shares in a an all share offering transaction, and allow the new acquisitions to help justify the market cap of the company to re-clear the hurdle for being above a buck to remain listed on the NASDAQ.
It has been a very long time since SGLB has done anything positive for shareholders. It has been entirely the case that SGLB has consumed value and provided no incentive for shareholders. I just do not feel that they should be asking for investor compliance without offering anything at all for it.

All the best,
Silversmith