Replies to post #49790 on Sigma Labs Inc (SASI)

[Jackle]

They aren't. They are authorising it for issuance at a later date shud it be appropriate to use it for various options, many of which could prove beneficial to shareholders.


They are not issuing the shares right now with no strategy. There is a big difference

[Capt_Smith77]

It looks like the increase in the authorized figure they're looking for has been cut in half from 30M to 15M. They also have the preferred shares as well if needed.

Last time the company threw this out there, it was confusing, and I honestly had little interest in voting "yes" for a massive increase in the number of authorized shares not knowing how the money would be spent.

Where the company stands today, I actually wish I could sign a big Freak'n "Yes" for 30M shares using a candy cane pen. Why? One word, Morf. I'll gladly settle for 15M though.

Those that have paid attention know exactly what's coming with Morf3D and the contracts that they have lined up for making aerospace parts with companies that include Boeing, Honeywell, Lockheed, and others. Also, those that have followed the two companies know that Sigma will play a significant role with these major contracts no matter what. In other words, it's coming whether folks are willing to believe it or not.

Morf3D lacks what Sigma Labs has as a publicly traded company that can tap into the markets when needed for funds, and I'd love to see the two companies somehow merge or something to become a single powerhouse entity in the AM manufacturing space, Sigma's software being required as a part of the whole process.

Sigma Labs needs these shares to move forward with their plans and investors need to get their foot off the breaks if they wish to see the company and it's investors succeed. Doing so will not only let the company move forward but will also help attract sophisticated investors in the process.