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Oscaro

12/24/13 9:12 AM

#10367 RE: Herringaid #10366

There are going to be different opinions and that's why share prices fluctuate. And that's fine. You and others believe they won't be ready, others (myself included) believe they will be. So take your stake (or don't) and let's move on to 2014.
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r0und3r

12/24/13 9:14 AM

#10368 RE: Herringaid #10366

IPQA in those contracts is not the same as PrintRite3D.

I think you are overlooking the fact that their IPQA contracts have nothing to do with Additive Manufacturing or PrintRite3D. Their original IPQA product is used "in lieu of traditional ultrasonic inspection. No mention of 3D printing or additive manufacturing.

See this separate press release about IPQA below;

"Sigma Labs has also achieved an important technical milestone in getting its IPQA – In Process Quality Assurance – technology approved for production on a new Boeing (NYSE: BA - News) manufacturing process that we believe will change the way aircraft structures are built. Mark Cola, President of Sigma Labs, noted, "Getting written into a production specification is a major breakthrough for us. Now that our IPQA technology is part of an approved production process for Boeing and can be used in lieu of traditional ultrasonic inspection, we plan to work with Boeing suppliers to implement our unique inspection method for this new production process. Furthermore we believe it will become an important part of producing Boeing commercial aircraft structures."

It seems that they have shifted their focus away from traditional replacements such as their IPQA product and now concentrate on PritRite3D Suite in order to be first to market. Which I firmly believe they will be. I understand that some are impatient, but you need to be aware of the quality standards and hurdles to overcome in the aerospace industry. Be patient, the recent contracts, MOU's, JTDA's all point toward the homestretch of completion of PrintRite3D.