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alanthill

08/19/16 9:09 PM

#44614 RE: silversmith #44613

Silver. As I read the S-1 it seems clear that it is SGLB's assumption that the upgrade will occur prior to the share offering. I did not see anything in the S-1 that "required" that to be the case and that is why I asked the question. SGLB can make all the assertions in the world about future orders (that is getting pretty old at this point). If those orders are not announced and firm prior to the offering (whether or not they have successfully upgraded) the offering will fall flatter than a pancake. You can only promise orders so long. At some point you need to deliver, and that time is now.
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TedJ

08/19/16 10:55 PM

#44617 RE: silversmith #44613

SS on long weekend vacation with family with phone only so hard to reread S-1 to post and explain details. But start with this statement.

"Our securities are not listed on any national securities exchange and there is currently no market for the units or the warrants."

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El_Jefe42

08/24/16 10:54 AM

#44681 RE: silversmith #44613

Does the S-1 in anyway affect the A/S? In other words, must any share offering still fall within the 15M or can they issue more somehow? Thanks.

I assume warrants must fall within A/S as well?