Replies to post #58939 on Sigma Labs Inc (SASI)

[VisionaryInc]

I understand the ownership and "mortgage" analogy, but same with having payments left on your house and something terrible happens, the bank is coming knockin'.

Just would like to see it back in our hands with production apparently coming closer

[DoDeeDee]

Yes as long as Sigma can keep getting dilutions approved so we can keep making payments, we should be safe. Doesn't sound very safe. We're one failed dilution attempt from losing our only thing of value. Given the past history of Sigma management, that sounds like a likely scenario.

Sigma Labs.
Do DD.
<meaningless list of companies>
Good Luck.
:)

I don't disagree that it'll be a comfort when the lien is removed, but I don't view the patent as owned by the lien holders. This is much like a mortgage on a home held by a mortgage company. Yes, if you were to default the lien could be exercised and the house foreclosed upon, but so long as you're not irresponsible and put yourself in a position to default, the house remains your property. I would be shocked if Sigma defaulted on its repayment to the financiers who hold the lien and lose the patent. But again, I don't disagree that it will be nice to see the balance of the loan paid off and the lien removed.