Ann: CLARIFICATION TO ANNOUNCEMENT, page-33

Let's not forget new planes, which I feel are bound to include CVM sensors in the not too distant future...

"Airbus says it will crank out 60 planes a month by 2019. Boeing plans to build 47 planes each month next year and ramp up to 57 in 2019."
From: https://www.google.com.au/amp/s/www.wired.com/2016/09/boeing-builds-737-just-nine-days/amp

So...

By 2019, we are looking at a combined 117 planes per month.

Now while @OptiontraderMGR is using $140k per plane above, I will use a more conservative $50k per plane (I believe sensor revenue was indicated to be between $20k and $70k per plane by management, given how much we are estimating sensors are worth now I suspect this is fairly conservative so have gone a bit higher than the mid point).

So 117 planes by $50k gives $5.85M.. Per month, 70.2M per year.

Given that we have been told these sensors are very high margin I am working on 80%. So after expenses and taxes are removed I get around $39M profit. With 112M shares on issue that is approx $0.348 per share and at a conservative PE of 15 for a rapidly growing stock like SMN will be we have a SP of $5.22.

Just for new planes
Not counting fit out of existing planes (my figures are a bit different to Optiontrader's)
And not counting the massive licensing fee!

This stock will be worth multiples of $5.22 in the not too distant future IMHO.

DYOR.