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Windbag1014

11/04/19 10:40 AM

#4337 RE: Digmush #4336

Inability to sell their product. Whether that is a matter of the industry or the product is not obvious. Last twelve month Revenue as of 6/30/19 was $285,000. That is down from $1,235,000 from 12/31/15. Constant over promise under deliver by management. The concept is a great one. Near errorless parts produced autonomously with 3d printed lighter, stronger design with reduced human intervention and labor costs would make the industry soar. Many in the industry have been given the product for testing but no one seems to have the desire to incorporate it into their products, so far at least. They have been in many studies including DARPA and America Makes but nothing there either, so far. All my opinion. Spend some time on their ihub board and you will get lots of opinions.

AHayesC

11/04/19 5:03 PM

#4338 RE: Digmush #4336

A lot of haters and lovers for the stock. My thoughts are they simply are too early for industry adoption. The industry is still in its infancy and developing out, trying to do things themselves. Plus, there are so many variables that effect a build and how builds integrate with industry 4.0.

Fact is, DDD and others simply need quality assurance. Some I believe are trying to build it themselves. SGLB has a huge amount of Important patents, so will be hard. Plus, if third party assurance ensures there's no conflict of interest. Say, if a plane went down and if you are Boeing, do you want to validate your own parts. Quite risky.