Sigma Labs Inc (SASI)

[TedJ]

Terms don't look too bad.

1.5 million shares at $3. Looks like average share price over last 30 days.

No warrants offered with the shares.

Underwriter not getting usual 8% fee in cash, but 8% in warrants and 1% in cash. Warrants priced at 125% x $3 or $3.75.

Up to $88K for expenses is typical.

30 day option for underwriter to purchase additional 15% more shares.

Need some more details, but think this is why price holding fairly well.