Replies to post #39310 on Sigma Labs Inc (SASI)

[jpi]

Thx for your thoughts...I would like to add that Mark did say

We are not just sitting here believing our own popular press and there is a need as Vivek mentioned and as those production deadlines loom nearer and nearer for folks, you will see some accelerating growth in those activities for us.

and regarding eventual - actual production run PrintRite3D contracts coming from Honeywell and GE..

Yes. We fully anticipate and expect that, and we are planning for those and we are well positioned at the moment.

And, Vivek had said..

If you look at Honeywell, GE, PrintRite3D [ph] others and we are in touch with all of those very intimately and as far as they’re concerned, certainly we are one of the premier in leading solution. So I don’t think it’s a case that – it’s certainly not a case that the technology is not there. I think it’s really the case that additive is still new in the aerospace industry even though they’ve been looking at it on a research level for a long time. But when I mean new, I mean production wise and so with any new technology going into production especially aerospace, it always takes longer than you hope. But are we in the loop and are we integrally linked, I would say absolutely we are. And so I don’t see any danger of disconnect there.

I think it’s really a matter of within the end of 2015. Beginning at 2016, you’re going to see a huge acceleration because you’re going to see a lot of these efforts transitioning into production.

[alanthill]

Ted: Good post and I agree with most of what you had to say except for a couple of points:

1. If indeed Mark was aware (and it's hard for me to believe he was not) that GE did not plan to utilize Printrite in their initial production runs he had an obligation to clarify this to shareholders. If for no other reason than to prevent the anticipation that in my opinion he encouraged by his repeated comments about how close their working relationship was with GE. You are correct that he did not have a legal requirement to divulge this but I think he hurt his credibility further by not doing so.

2. Your conviction that things will all work out in the end and Printrite3D will be an integral component of GM's fuel nozzle production may very well turn out to be correct. Personally, I believe there is a 50/50 probabiity of that ever occurring. GE has had the technology in-house for over two years now yet has not committed to a single production system. I've always had some doubts that when GE does make a decision on their quality control needs that SGLB may not be a player. It's hard for me to imagine senior management at GE signing off on having the quality of their fuel nozzles dependent upon a start-up firm with less than a dozen employees located on the other side of the country. Stranger things have certainly happened, but for the Board to universally come to the conclusion that "it's just a matter of time" is once again forecasting decisions that are totally out of SGLB's control and may or may not occur.