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silversmith

08/20/16 9:10 AM

#44618 RE: alanthill #44614

Yes, but do consider Alan, that wall street invests with the expectation that growing revenue is coming. They certainly will consider that this is possibly an opportunity to own shares in what looks like a company with growth on the horizon.
And in any case, if that is so, SGLB will realize the offering funds no matter what actually happens, because the price per share of the units will be set and paid for by the underwriter group. Whether the units are actually in hot demand or not, SGLB pockets the money based upon the negotiation of maximum price for the perceived demand between SGLB corporate and the underwriter.
So it is a relative thing to say that the offering has fallen flat. Fallen flat for whom; SGLB, the underwriter, or the common shareholder? It won't be all three. In any case, I suspect that this offering is going to go mostly to institutional holdings. I believe that this is where institutional buying will get it's first position in SGLB.

All the best,
Silversmith

TedJ

08/20/16 10:41 AM

#44625 RE: alanthill #44614

Alan, just to clarify, if revenues do qualify them for Nasdaq by end of year, funds will need to be raised, but I don't think it would be done with S-1, maybe smaller PP or piece of S-3.