Replies to post #14800 on Sigma Labs Inc (SASI)

[Schris]

Alan,

This is kind of a misleading post.

The real question should be - how many institutional investors did INO have before they graduated to the NYSE?

You are not presenting a fair comparison.

[MDuffy]

SGLB market cap is 87.8 Million, not 8.8. Also, you said in one of your other posts SGLB had been working Morris for 6 months… It's not 2013 anymore, dude. Closer to a year and a half now. Morris was bought by GE shortly after their agreement, hence, SGLB has been working with GE all that time, official PR was in June of last year. If you want to hear updates on how they're coming w/ the Morris agreement, why not view Greg Morris' presentations (there are several already posted on this board) that clearly reference SGLB as a valuable part of what GE is trying to accomplish. Morris= strategy/business manager GE aviation.

[Phin]

First of all SGLB's present Market Cap. 87.8 Mil, not 8.8. Am I wrong?
This link http://www.investopedia.com/terms/m/marketcapitalization.asp
explains how to figure out Market Cap, multiplying the Outstanding shares by the price of one share.

Secondly if you go back to January 5, 2001 when Inovio hit the NYSE, then named GENETRONICS BIOMEDICAL LTD, the price per share was 4 dollars (see Barrons.com) I tried to figure out it's market cap back then. I found this site:
http://ir.inovio.com/investors/sec-filings/default.aspx
and opened the document for the 10-Q/A Amended Quarterly Report dated Jan. 11th 2001, it had the outstanding shares as of Nov 2000, which were 27 mil, and this amount didnt change on Jan. 5 2001, since you can see there in the document for the 8-K Current report from 01/18/01 that 6 mil shares were added on 01/18/01 and in the 10-Q Quarterly Report from Feb. 2001 outstanding shares are 33 mil.

So based on this when INO up listed on Jan 5 2001 it had 27 mil outstanding shares at 4 dollars a share which is a 108 market cap, not that much higher than SGLBs present 87.8 mil market cap.

And no mention of Institutional Holdings for INO back in 2001. So I believe SGLB is on as good a footing now or better than INO was in 2001 when it up listed.

Just looks like the only thing holding back SGLB from up listing are the NasdaqCM requirements that EDMGUY posted in post 14795.

I feel bad dragging INO into all this, but I feel it gives us a point of reference of where SGLB is holding in order to get up listed, at least it does for me.