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 21, 2016
SIGMA LABS, INC.
(Exact name of registrant as specified in its charter)
Nevada | 033-02783-S | 27-1865814 | ||
(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 8750
_________________________
(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 21, 2016, Sigma Labs, Inc. (the “Company”) issued a press release regarding preliminary financial results of the Company for the fourth quarter ended December 31, 2015, and providing an update on recent business developments. A copy of the press release is attached to this Report 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 previous or 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 21, 2016. |
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 21, 2016 | SIGMA LABS, INC. | ||
By: | /s/ Mark J. Cola | ||
Name: | Mark J. Cola | ||
Title: | President and Chief Executive | ||
Officer |
Exhibit 99.1
Sigma Labs Announces Fiscal 2015 Year End Conference Call
Record Revenue Achieved in Fourth Quarter
SANTA FE, N.M. – January 21, 2016 – 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 ("AM") and other advanced manufacturing technologies, today announced that management will host a conference call to discuss financial results for the Company's fourth quarter and full year of fiscal 2015 on Wednesday, March 16, 2016 at 11:00 a.m. Eastern Time. Sigma Labs plans to release the Company's 2015 fourth quarter and full year results prior to the market open that same day, March 16, 2016.
The Company also pre-announced that revenue for the fourth quarter of 2015 on a preliminary, unaudited basis was over $0.5 million, versus $0.2 million in the fourth quarter of 2014 and $0.3 million in the third quarter of 2015.
“We are pleased to announce that, due to an acceleration of orders, our fourth quarter revenue was the highest in the Company’s history,” said Mark Cola, President & CEO of Sigma Labs. “Our business development efforts are clearly gaining traction, and – due to demand – we have extended our Early Adopter and OEM Partner programs past the end of 2015. Last year marked the highest level of sales for Sigma Labs, but we believe the best is yet to come, as we focus on further growth and a path to profitability in 2016.”
Earnings Conference Call
To participate in the fourth quarter conference call, please dial toll free 1-888-243-4451, or 1-412-542-4135, approximately five minutes before the conference call time stated above. A live webcast of the call can also be accessed on the Sigma Labs website at www.sigmalabsinc.com. A recording will be available on the Company's website upon completion of the call.
About Sigma Labs, Inc.
Sigma Labs, 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 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." These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in Sigma's most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. Sigma undertakes no obligation to update any of these 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