Replies to post #38087 on Sigma Labs Inc (SASI)

[DoDeeDee]

I understand the S3 in hand is what's valuable, and using it wouldn't be. What I don't understand is why somebody like KMey is an admin. Who's next - RFB? Monkeys in charge of the zoo.

[criticalnugz]

Also consider the need to ramp up production significantly in a short period of time. A large contract has large amount of work attached, which they'll need to get a larger facility, hire more employees, and more equipment (all of which is very complicated/specialized...thus, more expensive). A 5 million dollar contract would be a drop in the bucket if they intend to ramp production.

What I'd imagine them doing is utilizing the S-3 shortly after a large contract(s), get an independent board of directors, reverse split, then uplist (with a higher and more accurate market cap than not utilizing the S-3).

[MDuffy]

If I were them, I would use part of it in a time where demand was so high (such as announcement of multimillion dollar contracts) it would not make as big of a dip. Remember it is an at the market offering… which means it goes right to the co's bank account…. that's how we quickly raise enough to uplist. It would allow much more freedom to expand/develop rapidly, and the positive effects of uplisting would far outweigh any temporary dilution in price, IMO, because we'd have a bunch of money and institutional investors could buy in in droves.