<SEC-DOCUMENT>0001078782-17-001195.txt : 20170822
<SEC-HEADER>0001078782-17-001195.hdr.sgml : 20170822
<ACCEPTANCE-DATETIME>20170822170355
ACCESSION NUMBER:		0001078782-17-001195
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170816
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20170822
DATE AS OF CHANGE:		20170822

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SIGMA LABS, INC.
		CENTRAL INDEX KEY:			0000788611
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS MANUFACTURING INDUSTRIES [3990]
		IRS NUMBER:				820404220
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38015
		FILM NUMBER:		171045678

	BUSINESS ADDRESS:	
		STREET 1:		3900 PASEO DEL SOL
		CITY:			SANTE FE
		STATE:			NM
		ZIP:			87507
		BUSINESS PHONE:		(505) 438-2576

	MAIL ADDRESS:	
		STREET 1:		3900 PASEO DEL SOL
		CITY:			SANTE FE
		STATE:			NM
		ZIP:			87507

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRAMEWAVES INC
		DATE OF NAME CHANGE:	20010130

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MESSIDOR LTD
		DATE OF NAME CHANGE:	20010122
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>8k082117_8k.htm
<DESCRIPTION>FORM 8K CURRENT REPORT
<TEXT>
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<HEAD>
<TITLE>Form 8K Current Report</TITLE>
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<BODY>
<DIV style=margin-left:36pt;width:540pt><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0'><A name=BM000 />UNITED STATES</P>
<P align=center style='font:10pt Times New Roman;margin:0'>SECURITIES AND EXCHANGE COMMISSION</P>
<P align=center style='font:10pt Times New Roman;margin:0'>WASHINGTON, D.C. 20549 </P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:12pt Times New Roman;margin:0'><B>FORM 8-K </B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0'>CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0'>Date of report (Date of earliest event reported): August 16, 2017 </P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:14pt Times New Roman;margin:0'><FONT style='border-bottom:1px solid #000000'><B>SIGMA LABS, INC</B>.</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0'>(Exact Name of Registrant as Specified in Charter) </P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<TABLE align=center style=border-collapse:collapse;width:86.26%><TR style=height:7.2pt><TD valign=top style='border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>Nevada</B></P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'> &nbsp;</P>
</TD><TD valign=top style='border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>001-38015</B></P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'> &nbsp;</P>
</TD><TD valign=top style='border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>27-1865814</B></P>
</TD></TR>
<TR style=height:7.2pt><TD valign=top><P align=center style='font:10pt Times New Roman;margin:0'>(State or Other Jurisdiction of Incorporation)</P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'> &nbsp;</P>
</TD><TD valign=top><P align=center style='font:10pt Times New Roman;margin:0'>(Commission File Number) </P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'> &nbsp;</P>
</TD><TD valign=top><P align=center style='font:10pt Times New Roman;margin:0'>(IRS Employer Identification No.)</P>
</TD></TR>
<TR style=height:7.2pt><TD colspan=6 valign=bottom><P style='font:10pt Times New Roman;margin:0'> &nbsp;</P>
</TD></TR>
<TR style=height:7.2pt><TD colspan=6 valign=top style='border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>3900 Paseo del Sol, Santa Fe, New Mexico 87507</B></P>
</TD></TR>
<TR style=height:7.2pt><TD colspan=6 valign=top><P align=center style='font:10pt Times New Roman;margin:0'>(Address of Principal Executive Offices) (Zip Code)</P>
</TD></TR>
<TR style=height:7.2pt><TD colspan=6 valign=top><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR style=height:7.2pt><TD colspan=6 valign=top style='border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'>Not Applicable</P>
</TD></TR>
<TR style=height:7.2pt><TD colspan=6 valign=top><P align=center style='font:10pt Times New Roman;margin:0'>(Former Name or Former Address, if Changed Since Last Report)</P>
</TD></TR>
</TABLE>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0'>Registrant&#8217;s telephone number, including area code: <B>(505) 438-2576</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>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: </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>[ &nbsp;&nbsp;] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>[ &nbsp;&nbsp;] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>[ &nbsp;&nbsp;] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>[ &nbsp;&nbsp;] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=right style='font:10pt Times New Roman;margin:0;text-indent:36pt'>Emerging growth company [ &nbsp;&nbsp;]</P>
<P align=right style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ &nbsp;&nbsp;]</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style='font:10pt Times New Roman;margin:0'><A name=BM002 />&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:-54pt;margin-left:54pt'><KBD style='position:absolute;font:10pt Times New Roman;text-indent:0'><B>Item 5.02</B></KBD><KBD style=margin-left:54pt></KBD><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. </B>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>On August 16, 2017, Salvatore Battinelli was appointed to the Board of Directors of Sigma Labs, Inc. (&#8220;we,&#8221; &#8220;us,&#8221; &#8220;our,&#8221; or the &#8220;Company&#8221;). Mr. Battinelli was also appointed to serve as a member of our Audit Committee and our Nominating and Corporate Governance Committee, and as Chairman of our Compensation Committee. In conjunction with Mr. Battinelli's appointment as a director, the Company issued Mr. Battinelli 8,213 shares of common stock of the Company, which shares will vest in four equal (as closely as possible), successive quarterly installments beginning on the first quarterly anniversary of the grant date, provided that Mr. Battinelli remains in our continuous service as a director through the applicable quarterly anniversary date. Mr. Battinelli entered into the Company&#8217;s standard indemnification agreement for directors. </P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>Mr. Battinelli, age 74, is currently the President and Chief Executive Officer of Bello e Preciso Co., a manufacturer and wholesaler of Italian-made fashion watches, and has served in those roles since early 2017. Prior to joining Bello e Preciso Co., from 2011 to 2013, Mr. Battinelli served as Vice-President of Development and Long Term Strategy of North American Management Corporation, a wealth management firm based in Boston, Massachusetts with over $2 billion in assets under management. From 1987 to 2011, Mr. Battinelli served as Executive Vice-President and acting Chief Executive Officer and Chief Operating Officer of Faneuil Hall Associates, Inc., a concierge boutique family office devoted to five interrelated ultra-high net-worth families. Mr. Battinelli&#8217;s primary responsibilities while at Faneuil Hall Associates included providing planning and investment advice, the management of approximately 30 asset portfolios and more than 65 individual business entities; and assisting the families in their various business ventures worldwide while working closely with law, accounting and banking functions. During his tenure at Faneuil Hall Associates, Mr. Battinelli served as an executive officer or director for certain of the family owned entities and successfully managed several portfolio company IPOs, as well as serving as CEO and COO for Designhouse International, a Scandinavian furniture company operating out of Atlanta, Georgia, which was previously listed on NASDAQ in 1983. </P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>From 1970 to 1974, Mr. Battinelli served as Audit Manager for Deloitte &amp; Touche (formally Touche Ross), where he specialized in management information systems. From 2002 to 2011, Mr. Battinelli also served as the Chairman of the Board of Directors of HealthLink Europe, BV, a logistics and services company that serves the healthcare industry. Mr. Battinelli is a Certified Public Accountant and received a BS in accounting and an MBA with an emphasis in international economics and accounting, both from Babson College. Our Board of Directors believes that Mr. Battinelli is qualified to serve as a member of our Board on the basis of his deep understanding of business acquisitions and sales, as well as his background and extensive company management and integration experience.</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P align=center style='font:10pt Times New Roman;margin:0'><B>SIGNATURE</B></P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>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. </P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<TABLE align=center style=border-collapse:collapse><TR style=height:7.2pt><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>August 22, 2017</P>
</TD><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>SIGMA LABS, INC.</P>
</TD></TR>
<TR style=height:7.2pt><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR style=height:7.2pt><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR style=height:7.2pt><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'><KBD style='position:absolute;font:10pt Times New Roman'>By:</KBD><KBD style=margin-left:36pt></KBD><FONT style='border-bottom:1px solid #000000'>/s/ <I>John Rice</I></FONT>&nbsp;</P>
</TD></TR>
<TR style=height:7.2pt><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'><KBD style='position:absolute;font:10pt Times New Roman'>Name:</KBD><KBD style=margin-left:36pt></KBD>John Rice&nbsp;</P>
</TD></TR>
<TR style=height:7.2pt><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'><KBD style='position:absolute;font:10pt Times New Roman'>Title:</KBD><KBD style=margin-left:36pt></KBD>Interim Chief Executive Officer&nbsp;</P>
</TD></TR>
<TR style=height:7.2pt><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
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<TR style=height:7.2pt><TD valign=top style=width:261.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
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<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</DIV>
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