Ann: CLARIFICATION TO ANNOUNCEMENT, page-34

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0	Number of Shares purchased	2018/2019 projected Net profit	Company listed shares-Approx	Expected future dividends	Returned amount in dollars	Closing share price 29/03/2018
1	100,000	$6 Million @ 80%	112 Million	0.04	$4,000	$1.00
2	125,000			0.04	$5,000
3	150,000			0.04	$6,000
4
5		2019/2020 projected Net profit
6	100,000	$12 Million	112 Million	0.08	$8,000
7	125,000	80% payout ratio		0.08	$10,000
8	150,000			0.08	$12,000
9
10		2020/2021 projected Net profit
11	100,000	$18 Million	112 Million	0.13	$13,000
12	125,000	80% payout ratio		0.13	$16,250
13	150,000			0.13	$19,500
14
15		2021/2022 projected Net profit
16	100,000	$24 Million	112 Million	0.17	$17,000
17	125,000	80% payout ratio		0.17	$21,250
18	150,000			0.17	$25,500
19

From the above chart, this is my very conservative approach to SMN future dividend returns.

If you invest $100,000 dollars today @$1 per share, your expected conservative dividend return could be over the next three  total $38,000.  You want to know what your percentage return on this investment will be?  PV = $100,000   FV = $138,000  N= 3 years  CPT I/Y = 11.3% compounded yearly.

This is all speculation and none of the above is to be taken as gospel! This is my imagination running wild for what could be if SMN signs up more airlines in the near future.

The main point of this exercise is to address the selling down of SMN shares. If you were to believe that we will get confirmation in the next 3 to 4 months, in regards to applications across most aircraft, and we get confirmation that the number of different applications passed is 50% in year 1. Meaning that FAA gives approval for 5 applications for different sections on most aircrafts, with the opportunity to increase further applications in year 2 on further testing results.

This would be a very good outcome as follows:  5 applications x 8 sensors per app = 40 sensors per aircraft across most models. 40 x$2000=$80k per aircraft.

2000 sensors per month x 12 months = 24,000 sensors per year at full production.

24,000 sensors x $2k = $48 million + $14 million from AEM business = $62 Million in year 3.

SMN has already approximately 2,000 sensors in stock. (Pure Guess by me )  Last 4 months could have been in production.