Sigma Labs Inc (SASI)

[alanthill]

RR1: I agree that there continues to be some tax loss selling, I also think that a few shareholders are weary of seeing the continuous decline in the share price and are getting out permanently while they can still salvage a few dollars.

I sold the vast majority of my shares three years ago and made a nice profit. I've continued to monitor the company because I had great hopes that there would be a re-entry point when I sensed that they were turning the corner. They are one of the few New Mexican technology companys that are publically traded and I very much wanted them to be successful. Early on I became disillusioned with Mark and disappointed in the Board composition. Today, with Mark back in a technical role, his wife ousted from the payroll, and a high quality Board and CEO in place they seem to have the people problems straightened out. What is obviously lacking is a product that cannot seem to gain any traction in the marketplace. The argument that the industry lacks maturity and therefore is not ready for a sophisticated quality assurance product simply does not wash any longer. The fact that the revenue picture has been so bleak in my opinion can be directly attributed to product issues. I don't pretend to know what those issues might be but the fact that no one is buying is sufficient evidence for me. I'm not in the camp that the situation is hopeless, but if I were to handicap their likely success in the marketplace I'd put the odds at 20% or so. If that makes it "remote" so be it, but that's the way I see it.