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joey67

07/21/15 1:23 AM

#36108 RE: alanthill #36107

Good catch. That's the point of the rules. ALL 5 rules must be met. If only 4 out of the 5 are met then it doesn't apply.

Form 144 was created not only to announce when an affiliate filed but by not seeing a form 144 filed, it means an affiliate is not part of the private placement, which can help whittle down who actually is involved.

If you are an affiliate, you must file a notice with the SEC with form 144.

If we don't find a form 144 filed with the SEC concerning this PP from 2013 it means an affiliate is not involved.

I'm not worried about the large volume, affiliates, or PPs.

Things have to go down before they go up. Sglb is no different.

Again I wouldn't be surprised if we saw a dramatic gap DOWN within the next couple of weeks to months which to me IMO indicates most of the sellers are gone and it's buy time.

90% of investors think higher is better and more is better. But before that can occur, many things have to occur behind the scenes. PPS goes down, sellers get whittled out, weak investors get whittled out (many time purposefully). And then all that's remaining are the strong longs who reap the benefits of the months and years of patiently waiting.

It's possible sigma labs is in the process of reorganizing their structure as well in preparations for expansion. What we've seen could be a part of that.

All IMO. I'm not afraid to be wrong. GLTA