Recap of Q&A Online Chat after the Webcast (Part 6)
Harit RC (06/06/2013 12:36:12 PM):Was Sigma Labs approached by GE or was it the other way around ? How did the relationship start ?
Vivek Dave (06/06/2013 12:36:33 PM):We are seeking to better engage with German-speaking aufdiences as many of the machine tool development and applications development leaders for 3D printing of metal parts are German
Mark Cola (06/06/2013 12:37:02 PM):We were first introduced to GE Aviation by Morris Technologies.
Harit RC (06/06/2013 12:38:07 PM):With Morris being acquired by GE, is that what Sigma Labs is aspiring for is that not part of the longer term growth plans ?
Mark Cola (06/06/2013 12:38:22 PM):We had first signed an MOU with Morris Technologies before their acquisition by GE Aviation which lead to the signing of the JTDA.
Robert Greene (06/06/2013 12:38:55 PM):Sigma recently announced a JV with a Fortune 100 co related to gas turbines. When do you think that Fortune 100 company will make its own press release about this JV?
Mark Cola (06/06/2013 12:39:53 PM):Our long term plan is to first build a sustainable, recurring revenue based business which should be attractive to large industrial-based companies, like GE.
Vivek Dave (06/06/2013 12:40:00 PM):Regarding gas turbine applications we are actively working them now, but on account of NDAs we are currently not at liberty to share the names of our partners.
Jordan Huck (06/06/2013 12:40:31 PM):Have we seen in past trading volume, or should we expect the company to sell shares time to time to fund Sigma's part of the IMI 3D print machine being developed. Or is Sigmas contribution through the prototype machines introduction strictly IP and expertise?
Kris Stanton (06/06/2013 12:42:20 PM):Mr. Cola, do you think the stock is currently fairly priced?
Mark Cola (06/06/2013 12:42:27 PM):We are negotiating a JV arrangement with IMI to commercialize the high-productivity 3D printing machine. There of course can be no guarantees that such an agreement will be reached.