Sigma Labs Inc (SASI)

[maxinkuckee]

I agree, JR has shown no regard for shareholders.

I have been long for many years and hold a sizable number of shares.

I believe in the product, but I am utterly dismayed at the lack of communication and transparency by John Rice.

Yesterday’s action was egregious. Shareholders were deceived and sacrificed for “insiders” who obviously knew of the forthcoming offering and resulting dilution and were thus able to capitalize on the run-up after the Airbus PR.

The deception could have been avoided if Rice had announced the offering first and then followed with the Airbus RTE. There was no need to run the price up to $1.70 except to benefit those with knowledge of what was coming and to plunder those who did not.

Abhorrent action by management.