Alright spoke to Mike right now. He is surprised by SP action given that this is big news for the company. He mentioned Boeing name is already given out and there are few more whose name could not be disclosed due to NDA. This is a very fast step to commercialisation and now negotiations start. Acceptance of CVM for maintenance of aircraft does not need FAA APPROVAL BUT OEM would need and that is what is getting underway. This approval is for global level. I did suggest about conference call to which it was mentioned that he is already talking to Toby about this and working it out. Also mentioned that they r thinking of hiring PR company for investor relations to give more regular update to SH. Unfortunately he reckons we do not focus on SP but work towards commercialisation as soon as possible. First half of the year very important.
Just on a note management were very very happy with the approval and never expected the SP to be what it is
All the best!!!
Ann: Important Global Aviation Regulator Approval Update, page-74
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