Sigma Labs Inc (SASI)

[alanthill]

Silver, I understand your frustration with Rice's letter and the intent to increase the authorized share count. A "NO" vote would certainly send a message but I'm afraid it would also cause them to turn out the lights. It seems clear that there was minimal if any revenue generation in Q-4, otherwise we certainly would have heard about it. In my opinion the outlook for revenue generation in Q-1 is uncertain enough that Rice is not willing to take the risk of continuing operations without a share increase. The two viable options seem to be to vote for the share increase and hope that this time around it is going to result in some revenue generation or get out now while the share price is still somewhat elevated from recent weeks. It's clear to me that if the share increase is granted that this will be SGLB's last rodeo in terms of raising additional funds. Even the most fervent supporters would likely not go along with yet another share dilution after this one. I believe the share price this morning is demonstrating that some number of shareholders have decided to throw in the towel. They are going to take a beating on their investment, but it will be decidedly worse if this last ditch effort by management is not successful.