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59.5¢ structural monitoring systems plc

"Followed shortly thereafter by critical FAA approval" That's...

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LetsTryAgain

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15/02/17

10:16

Post #: 22622846
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Originally posted by susieq ↑

Well I may be wrong but I think it relates to this from last years June update

The twin goals of the Programme are to obtain general approval for multiple applications on multiple different aircraft from global regulators, and most importantly, to have CVM™ as a fully mandated, recognized and accessible tool for future maintenance needs which would not require any subsequent, or case-by-case regulator approval on these aircraft. Currently, we are informed that the pre-requisite approvals from the domestic aerospace regulator will be finalized in Q1-2017, followed shortly thereafter by critical FAA approval, essentially a formality given the bilateral agreements in place between all the major global aviation regulators.

I actually think its a good thing s they were saying general approval finalized in Q1 2017 (as above) and things seem to be gearing towards that with this announcement IMO.

Imagine having global approval for all aircraft without having to prove themselves each time sounds like we are on our way to do that IMO but hey I know nothing so just my view

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"Followed shortly thereafter by critical FAA approval"

That's the BIG one the market will go nuts over.

SMN Price at posting: $1.44 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 59.5¢		Change -0.010(1.65%)		Mkt cap ! $81.72M

Open	High	Low	Value	Volume
61.0¢	61.0¢	58.5¢	$10.34K	17.57K

Buyers (Bids)

No.	Vol.	Price($)
1	1123	59.5¢

Sellers (Offers)

Price($)	Vol.	No.
61.0¢	13693	2

View Market Depth

No.	Vol.	Price($)
1	1123	0.595
1	16838	0.590
1	1580	0.585
2	8093	0.580
1	4347	0.575

Price($)	Vol.	No.
0.610	13693	2
0.630	4916	1
0.670	50	1
0.690	6000	1
0.705	10000	1

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