Replies to post #49098 on Sigma Labs Inc (SASI)

[Pisd]

I used to be worried about the cash flow and that they would tap lower down financing options out of desperation but instead of that uplisted to Nasdaq exchange.

With recent announcements all added up, SGLB is likely to be net profitable going forward. Especially at this relatively early stage that would be great, with the cash and anticipated contracts already in hand, just that.

If true they get enormous subcontract manufacturing work, then the new equipment will turn a profit and contribute to the bottom line. Also to the business model/product offerings.

The more they increase staff now, especially just to run the machine say, the less of a one man company sole prop this is, and increases the number of experts on the Sigma tech/software. Might need them to put out in the field later. Net positives.

Hopefully the board will push back on mishandling the opportunity.

Thoughts for the moment.

GL

Obviously they don't have the funds to do all of this and have any working capital left. Let's hope Mark cuts way back on the hardware purchases and keeps a tidy sum in reserve for working capital. Given his past financial decisions, I'm not optimistic.

[El_Jefe42]

Given your past pessimism, I'm not surprised that you'd see it that way.

The last we heard they planned to purchase 3 million dollars worth of printers and another $500,000 in miscellaneous equipment. They also have the small matter of a million dollar and $50,000 debt to be paid off. Obviously they don't have the funds to do all of this and have any working capital left. Let's hope Mark cuts way back on the hardware purchases and keeps a tidy sum in reserve for working capital. Given his past financial decisions, I'm not optimistic.