Jeff: Here is what I know. The loan proceeds (at SGLB's current expense run rate) and no significant new revenue, will be exhausted before the end of Q-1. That gives them just weeks to announce a contract that provides revenue immediately (not over years) in order to avoid a share offering. Another loan is out of the question because their primary assets are already mortgaged.
In terms of being bitter, in one sense you are correct. I am bitterly disappointed and embarassed by SGLB's performance. New Mexico is a poor state and I believed initially that these guys would be instrumental in providing a real breakthrough in leading edge technology. Mark has proven in my opinion to be an incompetent and less than forthright manager and has operated the company more as a research center than as a profit making enterprise. In one sense I probably should just walk away but I continue to see posts from a number of inexperienced investors who have already lost a considerable amount of money here who remain involved by what I consider to be unfounded optimistic posting by a number of posters here. I guess I'm just stubborn enough to stick around and provide "the other side of the story" If that is being "bitter" so be it.
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