Sigma Labs Inc (SASI)

[Phin]

I agree a 10:1 Reverse Split would be a great idea!
And why not do it tomorrow and have the share price at $1.57? Why should SGLB be any different than a company like Inovio Pharmaceuticals Inc (Ticker INO) which is on the NYSE. I discovered it back in the summer on stocktwits.com and it was going for a 1.50. Now it's over 3. And INO doesn't even have a product to market. It's a bio-pharm company that is getting closer in the Phase stage testing of their drugs, but back in summer they were even further away in their testing. Sigma is much closer to commercialization then INO was back then and maybe even now!
Is there some rule that the stock has to be at some PPS to get on the NYSE or NASDAQ?
But I really think SGLB would perform much better once up listed. 1) Greater Exposure, 2) A lot of investors don't want to get involved in penny stocks no matter how much promise the company holds.
And btw INO's Institutional holdings are only 17 mil, not that much more than SGLB's. To me SGLB has a more promising future than INO, and if INO is on the NYSE, no reason that with a reverse split that SGLB shouldn't be.
(Don't mean to knock INO, it also holds a lot of promise, I just think SGLB holds a lot more.)