Replies to post #10671 on Sigma Labs Inc (SASI)

[Herringaid]

SGLB's still an OTC stock. Longer term an uplist and reverse split would have a larger impact.

Without those 2 things, a lot of other eyes may not yet be on SGLB.

[sandtrap246]

Agreed...and a brief high of .30 is always possible, but I am wary of thinking this can go much higher for the time being, and may even drop some.

Profits and the OS tell me they still have a ways to go. I don't see profits increasing in a major way until mid-2014 or beyond, and I believe the OS will be increasing as the company attempts to fund their business plan.

From the 10-Q: "The Company has authorized 750,000,000 shares of common stock..." so they still have plenty of room to increase the OS.

and: "Our general and administrative expenses are expected to increase as we seek to commercialize our IPQA ® -related technologies, and we may have to incur additional marketing expenses to further bring exposure to our business plan. Despite our sale of $1,200,000 of restricted common stock during July, 2013, we anticipate having to obtain additional capital from the sale of additional securities or by borrowing funds from private lenders to fulfill our business plans. There is no assurance that we will be successful in obtaining additional funding."

Once the kinks are worked out of their new 3D printing technology and major industries sign on to it, this will probably fly.

But not until then IMHO.

GLTA