SIGMA LABS, INC (OTCMKTS:SGLB) Files An 8-K Changes in Registrant’s Certifying Accountant

SIGMA LABS, INC (OTCMKTS:SGLB) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01.Changes in Registrant’s Certifying Accountant.

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(a)Previous Independent Accounting Firm

On January 11, 2018, Sigma Labs, Inc. (“we,” “our,” “us” or the “Company”) was informed by Pritchett, Siler and Hardy P.C. ("PSH"), our prior independent registered public accounting firm, that Haynie & Company ("H&C") acquired certain assets of PSH. As a result of the acquisition, on January 11, 2018, PSH resigned as the independent public accounting firm of the Company.

The reports of PSH on the Company’s financial statements for the two most recent fiscal years did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles.

During the two most recent fiscal years and through January 11, 2018, (i) there were no disagreements between the Company and PSH on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of PSH, would have caused PSH to make reference to the subject matter of the disagreements in its reports on the consolidated financial statements for such years, and (ii) PSH did not advise us of any of the events requiring reporting in this Current Report on Form 8-K under Item 304(a)(1)(v) of Regulation S-K.

The Company provided PSH with a copy of the foregoing disclosures and requested that PSH furnish us with a letter addressed to the Securities and Exchange Commission stating whether or not PSH agrees with the disclosures. A copy of such letter, dated January 17, 2018, is attached as Exhibit 16.1.

(b)New Independent Accounting Firm

Effective January 11, 2018, we engaged H&C to serve as our independent registered public accounting firm for the year ending December 31, 2018. The engagement of H&C was approved by our Audit Committee.

During the Company’s two most recent fiscal years and through January 11, 2018, neither we nor anyone acting on our behalf consulted with H&C regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, and neither a written report nor oral advice was provided to the Company that H&C concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K) or a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01Financial Statements and Exhibits.


Exhibit Number



Letter to the Securities and Exchange Commission from Pritchett, Siler and Hardy P.C. regarding the matters disclosed in Item 4.01 of this Current Report on Form 8-K

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Sigma Labs, Inc. is a technology company that specializes in the development and commercialization of manufacturing and materials technologies. The Company’s principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry. It is engaged in a range of activities in which it seeks to commercialize technologies and products in various industry sectors, such as aerospace and defense manufacturing; bio-medical manufacturing; automotive manufacturing, and other markets. It offers PrintRite3D SENSORPAK, which is an auxiliary sensor and hardware kit; PrintRite3D INSPECT, which is a software that verifies quality layer by layer, and PrintRite3D CONTOUR, which is a software that assures the as-built geometry. Its other software modules include PrintRite3D THERMAL and PrintRite3D ANALYTICS.

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