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Re: RiskReward1 post# 56336

Tuesday, 01/09/2018 5:44:11 PM

Tuesday, January 09, 2018 5:44:11 PM

Post# of 81999
Let's see if we can clear up the convolution on what the listing meant. It's not as scary as it looks.

Here's the first paragraph of the listing:

January 08, 2018 - Sabby Management, LLC has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 235,461 shares of Sigma Labs, Inc. (NASDAQ:SGLB). This represents 4.99 percent ownership of the company. In their previous filing dated February 15, 2017, Sabby Management, LLC had reported owning 250,000 shares, indicating a decrease of -5.82 percent.



They actual summarize it quite nicely. The purpose of the filing was "indicating a decrease". You could calculate that by following along with the arithmetic:
- Previous holding: 250,000
- Current holding: 235,461
If you look at those numbers, the current holding is less than the previous holdings, so it's a decrease. To get more fancy you could actually perform the calculation yourself on a calculator - just enter the Previous Holding number first (250,000), then the "-" sign, then the Current Holdings number (235,461). And that will give you how many shares they decreased their holdings. If I had more time I would explain how to calculate the percentage - maybe look that up on Google.

Good luck with that.

Hawks, can you post what you are seeing re Sabby's warrant holdings? In answer to your question, it appears to me -- though I cannot promise, as the filings can be a little convoluted -- that they have increased their position