Good article however:
Please note that the 43,750,000 shares were bought at 8 cents ($3,500,000 / 43,750,000). The warrants to purchase an additional 14,259,259 shares have an exercise price of 15 cents.
SANTA FE, N.M., Jan. 13, 2014 /PRNewswire/ -- Sigma Labs, Inc. (SGLB), a developer of advanced, real-time, non-destructive quality inspection systems for 3D metal printing and other advanced manufacturing technologies, today announced the completion of a $3,500,000 private placement of 43,750,000 shares of common stock, and a nine-month warrant to purchase up to 14,259,259 shares of common stock at an exercise price of $0.15 per share to Rockville Asset Management Ltd., a Hong Kong company.
GLTA!