SMN 0.83% 59.5¢ structural monitoring systems plc

Ann: Withdrawal of Prospectuses, page-5

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  1. 1,021 Posts.
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    I think they will mange to get buy with just $10k in the bank as -
    - subsidiary AEM is cash flow positive and profitable
    - the directors previously have forsaken salary and taken shares in lieu
    - and should dear old cumbersome FAA get around to approving the STC before the end of Feb when the shares come back on line a cap raising post that event will be done on very different terms to that we have seen the company stumble through with its CR efforts over the last few months.
    - Steve Foreman seems to have a few spare quid that I am sure he would be hapy to lend the company if it felt a bit short.

    cheers

    redgum
 
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