Replies to post #77779 on Sigma Labs Inc (SASI)

[TedJ]

"Thanks! If that is the case, another way of looking at it is that for full comparison, with regard to what it would take to buy one share, the warrants are worth 1/10 of the stated price. Actually, at .30+ cents per share, it is really the equivalent of a .03cent "option" to buy at $4, which is actually a fairly reasonable price right now. That really helps me understand what I have!"

I'm not following your logic and don't see how you get to a "3 cent "option" to buy at $4".

Each warrant currently costs 30 cents, which can be exercised for $4 per warrant and gets you 1/10 of a share of common stock.

Therefore, "what it would take to buy one share" is you have to buy 10 warrants at 30 cents each or $3 to have the "option" to buy one share.

To exercise the 10 warrants for one share will cost you another $40 ($4 per warrant times 10 warrants).

So you do not have "the equivalent of a 3 cent "option" to buy at $4".

You have a 30 cent "option" to buy 1/10 of a share at $4, or

you have a $3 "option" to buy one full share at $40.

Note: You can currently but 1 share of stock for $3.60 and the share does not expire in 13 months.

[TedJ]

If you buy 1000 SGLB shares today, it will cost you $3600 ($3.60 x 1000).

If you buy 10,000 SGLBW warrants today, which could be converted into 1000 shares by 2/15/22, it will cost you $4000 ($0.40 x 10,000).

If on 2/15/22, SGLB is $12/share, the 1000 Sigma shares will be worth $12,000, a gain of $8400 ($12,000 - $3600).

The 10,000 warrants could be exercised at $4 per warrant ($40,000) but you would then have 1000 shares only worth $12,000, not a smart move. So the 10,000 warrants should be allowed to expire worthless, a loss of the original $4000.

If on 2/15/22, SGLB is $40/share, the 1000 Sigma shares will be worth $40,000, a gain of $36,400 ($40,000 - $3600).

The 10,000 warrants could be exercised at $4 per warrant ($40,000) but you would have 1000 shares worth $40,000 (why bother), and a loss of the original $4000.

If on 2/15/22, SGLB is $80/share, the 1000 Sigma shares will be worth $80,000, a gain of $76,400 ($80,000 - $3600).

The 10,000 warrants could be exercised at $4 per warrant ($40,000) and you would have 1000 shares worth $80,000, and a gain of $36,000 ($80,000 - $4000 - $40,000).

If on 2/15/22, SGLB is $160/share, the 1000 Sigma shares will be worth $160,000, a gain of $156,400.

The 10,000 warrants could be exercised at $4 per warrant ($40,000) and you would have 1000 shares worth $160,000, and a gain of $116,000.