Sigma Labs Inc (SASI)

[kanya]

silversmith,

>>>Untold new technologies go through what we, SGLB and PR3D are going through right now with the whole story of whether PR3D will be used widespread in industry. In fact, almost all new tech faces the same thing. I am reminded of the whole story of Westinghouse backing Nicola Tesla and AC voltage vs JP Morgan backing Thomas Edison and DC voltage in the cliff hanger over whether the world would go with AC or DC lighting bulbs. The Niagara Falls power plant selection of Westinghouse/Tesla was the tipping point, and AC current won the day. This is the same thing today for SGLB with the likes of Airbus et al. Some things never change.

But I like our chances here. And I am not too overly worried about the recent financing. If PR3D goes into production the financing dilution won't be much of an impact. Short term it sucks. The price drop we experienced since the preferred sale was telegraphed in the offering statements. It is a long proven method of hedging and risk reduction on the part of investment capital firms to short a good chunk of the shares, and that is exactly what our financiers did. No doubt in my mind about it. They short the stock now, and cover later with the shares they get when they convert the preferred. It lets them all sleep better at night. I moved a bunch of shares out of the way before it happened, and I will be adding them back when it all settles down, and the wash rule expires.

Things are still good to go here, but it all sits on the head of a pin.

All the best,
Silversmith <<<

you change your principles...