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Re: SeanBoy post# 4525

Saturday, 08/03/2013 11:31:01 AM

Saturday, August 03, 2013 11:31:01 AM

Post# of 81999
Placement price discount to closing average last trading, etc, etc

You are right SeanBoy. It is usual and customary.

There may still be millions of shares SGLB 'payed for services rendered' out there in the sub .02 range.

And consider Udo and the Patagonia fellow. They are both entered into agreements receiving sub .03 shares for ongoing obligations providing SGLB services.

As an investor/s, going to stake $1.2 million in SGLB, would you see a premium accepting shares for your 'hard cash' investment priced 2 or 3 times the value of SGLB shares going to Udo or Patagonia? When the use of your cash means reason to keep their agreements in effect.

Maybe the May 2013 JTDA with GE 'looked very real' as the investors were approached, but same source recurring revenues are not on the books yet.

The whip-saw price action following that publicity goose to +.10 is exactly why the $1.2 million investor/s locked their premium in the way they did. jmo


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