Support Levels, page-887

Macca and JustBob, I see you both as investors sticking to your belief system. Good on you.

What to look forward to:

1. Operator Center Initiative (Delta, Southwest, American and Qantas airlines)
2. OEM – Large global aircraft manufacturers

I have gone through both conference calls and studied all the company announcements from December 2016, and it’s very clear if you connect the dots that the Operator Center initiative agreement will be announced very soon, in my opinion.

During the Aug 2016 & Nov 2016 AGM conference call, this was talked about as the end of year update we were all waiting for. This is the first of two major initiatives
If you listen to what was said, it’s very clear that the estimated time for completing this agreement was way more complicated than first envisage. We have a document for which will cover many aspect within an organization, such as Engineering, Maintenance, Supply chain and Finance.

The second part is an agreement with O.E.M
*The OEM - Sandia - FAA meeting to be held at Transport Directorate in Seattle during Q1 2017? I believe this meeting is to get Holistic adoption across all fixed wing aircraft fitted with CVM technology.

On 15 feb 2017 SMN announced “Important Global Aviation RegulatorApproval Update”
*Will check with company to confirm status on this outcome?

When it comes to valuation in SMN, at the moment it is built on expectation. The only broker that I have seen so far, that is willing to give us a current price is Morning Star. One of their analysts has stuck out his neck and said he believes with the current progress a future share price valuation of $2.00 plus is on the cards.

This is accumulation time, not selling time!
GLTA