Replies to post #40776 on Sigma Labs Inc (SASI)

[VisionaryInc]

Companies are valued based on their cash and sales.

Our cash (1.1 million) and sales (1.2 million)

Book Value around 3 million.

Our market valuation 37 million

That is over 10X book value which is crazy for
a company with 10 employees and low sales, low cash,
no distribution network.

The S3 will need to be utilized to meet listing requirements and
attract institutional investors.

The hope with sigma was that they would post revenues from GE or
Honeywell before making these moves.

Unfortunately this is not the case.

I pray to God that they post big revenues before utilizing the S3
otherwise we will be diluted to a market cap around 5-10 million at best.

Hopefully they are able to post revenues before the next ER otherwise
it will be 3 months of shorting and our valuation dwindling to nothing.