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Friday, 12/29/2017 9:40:50 PM

Friday, December 29, 2017 9:40:50 PM

Post# of 81999
Opinions about the fairness of the pricing of the Registration aside, who understands how this will operate?

I haven't had an opportunity to read through this and analyze thoroughly... But basically, if these options are exercised does that mean that the employee option holders' exercise of the options would result in the proceeds going to Sigma?

I'd like to give some thought to the sale of of 7K+ shares last Friday, by Mark and/or Amanda Cola, in relation to this registration statement. In other words, the implications for this small sale of last Friday look somewhat different, in my opinion, if co executives now have an opportunity to purchase more shares and at less cost by exercise of options.

Opinions of fairness aside, simply from an economic standpoint and a connotation of confidence in the co's prospects standpoint, if sale of shares at a higher price can raise cash for option exercise at a lower price...then the appearance is that the motivation behind the 7-8k share sale may be simply to purchase a greater interest in the company, (unless following option exercise there were to be share sales...Does anyone know if there are any restrictions on sale of shares acquired via option exercise under the Employee Incentive Plan?).

All I'm saying is that strictly from the standpoint of reading into the insiders' confidence about Sigma's prospects -- and w/o entering an opinion about fairness -- -- if insiders are trying to acquire more shares and willing to pay cash for them -- albeit at a lesser price than the current market price -- this could reflect confidence in prospects...(though I would wonder if there would be any time restriction on sale of the exercised option shares).

Anyway, who has a handle on the fundamental operation of this registration? For starters, would option exercise mean cash from employees and result in proceeds to the company?

http://ih.advfn.com/p.php?pid=nmona&article=76383169

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