Maybe, but not likely unless it's some Asian (Chinese?) company that want s the technology cheaply. Look for the price to go to $2.50 or less.
You forget that for FY 2016 the Republican controlled House of Representatives approved most - maybe all - items in the budget submitted by Obama.
He was referring to fracking of "tight oil" bound up in shales in the US and elsewhere. If the amount of fracking is reduced, oil inventories should decline and the overall price of crude will probably increase. The wild card relative to inventories is how much production will increase in Iran, Saudi Arabia, and Russia.
How long have you been following this stock? SGLB had done some testing of the PrintRite software with GE and Honeywell, but as you noted the price indicates SGLB's software is not being used in the project.
Did you mean that I am misreading the proxy booklet or that I am not very optimistic based on that and the information contained therein? I hope you know something better.
The proxy booklet contained the info about doubling the number of shares and was not nearly as encouraging as we had hoped. Even though SGLB had done test and evaluations with both GE and Honeywell, those companies were mentioned as possible competitors -- Strange!
Reverse split = $5.00 per share, but double the number of shares from 750 mil to 1,5 bil and your share price is automatically $2.50 and falling unless somebody buys the co. I hope the mgt knows something really good is about to happen, but I am not super optimistic. Strange goings on.
The sad part of all this is that the BOD wants to double the amount of shares from 750 million to 1.5 billion for future raising of additional capital. This would effectively reduce existing equity of stock holders by half as I see it.
If he gave it away, that ought to be grounds for a charge of insider trading and selling of sensitive national security information to a foreign entity ( read: Communist China).
It is, but isn't. Psychologically, there's a great difference. You're in the music field, so you ought to be able to figure this out.