Sigma Labs Inc (SASI)

[Jackle]

From the talk John Rice gave to investors at the MicroCap Conference two weeks ago

The niche is the machine OEM's, people who make OEM machines. In the past 6 months we have done deals with Additive Manufacturers [Industries] and Trumpf to be able to sell our equipment as part of their offferings, so people will be able to, by the end of the year, to order a machine with Sigma in it

The royalty i think Vivek mentioned a figure of around 20% back in the day

- the model we envision for end users that may have an existing machine basically is software as a service .And so it's a licensing model where they acquire the associated hardware and the software license and as part of the software as a service agreement, they get ongoing support, bug fixes, upgrades, technical support, phone support and so on. So it’s a monthly -- annual license with the monthly support or annual support service contract. - from an old call explaining the model