UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): January 28, 2015
SIGMA LABS, INC.
(Exact name of registrant as specified in its charter)
Nevada | 033-02783-S | 82-0404220 | ||
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
3900 Paseo del Sol
Santa Fe, New Mexico 87507
_________________________
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (505) 438-2576
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02 | Results of Operations and Financial Condition. |
On January 28, 2015, Sigma Labs, Inc. (the “Company”) issued a press release announcing preliminary financial results of the Company for the fourth quarter ended December 31, 2014 and an update on recent developments. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
The information furnished under this Item 2.02, including the accompanying Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall such information be deemed to be incorporated by reference in any subsequent filing by the Company under the Securities Act of 1933 or the Exchange Act, regardless of the general incorporation language of such filing, except as specifically stated in such filing.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits. |
Exhibit Number | Description | |
99.1 | Press Release of Sigma Labs, Inc., dated January 28, 2015. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 28, 2015 | SIGMA LABS, INC. | ||
By: | /s/ Mark J. Cola | ||
Name: | Mark J. Cola | ||
Title: | President and Chief Executive Officer |
2 |
Exhibit 99.1
Sigma Labs Provides Preliminary Fourth Quarter Results
Also Announces Upcoming Industry Event Participation
SANTA FE, N.M. – January 28, 2015 – Sigma Labs, Inc. (OTCQB: SGLB) (“Sigma Labs” or the “Company”), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, today announced that, on a preliminary (unaudited) basis, revenue for the fourth quarter was approximately $200,000, marking a substantial rise sequentially from prior quarters in fiscal 2014 and indicative of traction as the Company transitions from a consulting firm to product technology enterprise. In addition, Sigma Labs anticipates significant revenue growth in 2015 versus 2014, and the Company remains on track for the launch of its PrintRite3D® DEFORM™ software during the first quarter.
“Last year was clearly one of transition for Sigma Labs, and we look forward to improved performance in 2015,” said Mark Cola, President and Chief Executive Officer of Sigma Labs. “Our recent announcement with GE Aviation is an example of the ongoing interest being shown by industry leaders in the 3D metal printing space, as well as growing demand for our proprietary PrintRite3D® In-Process Quality Assurance (IPQA®) software. We are bidding on a number of requests for proposal and believe 2015 will offer many opportunities for new business development. I’m proud of how much we’ve accomplished as an organization but truly feel the best is yet to come.”
Sigma Labs will host a year-end earnings call for investors in March, with a time yet to be determined.
Upcoming Events
Sigma Labs is an invited speaker at the following conferences in the coming months:
· | February 3-4 – Winter Meeting of the Additive Manufacturing Consortium (Manufacturing Demonstration Facility at Oak Ridge National Laboratory) |
· | March 4-5 – Additive World Conference III (High Tech Campus Eindhoven, The Netherlands) |
· | May 18-21 – Rapid 2015 Standards & Compliance Session (Long Beach Convention Center in Long Beach, California) |
About Sigma Labs, Inc.
Sigma Labs, Inc., through its wholly-owned subsidiary B6 Sigma, Inc., develops and engineers advanced, in-process, non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for metal-based additive manufacturing or 3D printing, and other advanced manufacturing technologies. For more information please visit us at www.sigmalabsinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "believes" or "will." Our forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in our most recent annual report on Form 10-K and documents subsequently filed by the Company with the Securities and Exchange Commission. The forward-looking statements in this press release are made only as of the date of this press release. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact:
Chris Witty
cwitty@darrowir.com
646-438-9385