Hiring personnel in Europe, with 15 more people in the hiring pipeline is not an action that indicates a hail-Mary pass. The very last thing a company does when things are looking grim is hire more people. Hiring people is the single most costly thing a startup company does. Hiring has all kinds of consequences. It is among the hardest decisions to make. I take it to be a tell that contract wins are very near.
This stock is behaving very differently from how it used to. Things have firmed up here. There aren't many sky-is-falling fringe freaks left with shares continuously dribbling into the sell side. This thing is almost acting like a normal stock now. A report of a signed production contract with a publicly known name is going to move this very, very hard in a matter of minutes.
It is going to be fun to watch.
By the way, early on, everyone was pissed that the idea of closed loop was in actuality just a dream for the industry and SGLB. Now SGLB is actively working on it. SGLB's TED technology is the enabling breakthrough for closed loop. Yet nobody here even is paying attention to it. There is not another tech in the whole wide world that is a candidate for closed loop. Yet no one here is even recognizing the significance of what TED can do. No one seems to have picked up on the change in outlook from SGLB. Yesterday and today, printers print parts, the product come out of the build chamber, and inspection sees extensive variability among like printed parts. But now, SGLB'S TED is going to make it such that the parts get printed, but it is the printer's variability that is monitored, and changed, to yield consistent parts in a build production run. That is a big mindset change.
I don't think people here are getting it at all. I think we are good to go, and that this is all going to be much, much bigger than we think its going to be.
All the best,
Silversmith
