Sigma Labs Inc (SASI)

[TedJ]

"Thanks! If that is the case, another way of looking at it is that for full comparison, with regard to what it would take to buy one share, the warrants are worth 1/10 of the stated price. Actually, at .30+ cents per share, it is really the equivalent of a .03cent "option" to buy at $4, which is actually a fairly reasonable price right now. That really helps me understand what I have!"

I'm not following your logic and don't see how you get to a "3 cent "option" to buy at $4".

Each warrant currently costs 30 cents, which can be exercised for $4 per warrant and gets you 1/10 of a share of common stock.

Therefore, "what it would take to buy one share" is you have to buy 10 warrants at 30 cents each or $3 to have the "option" to buy one share.

To exercise the 10 warrants for one share will cost you another $40 ($4 per warrant times 10 warrants).

So you do not have "the equivalent of a 3 cent "option" to buy at $4".

You have a 30 cent "option" to buy 1/10 of a share at $4, or

you have a $3 "option" to buy one full share at $40.

Note: You can currently but 1 share of stock for $3.60 and the share does not expire in 13 months.