Ann: Trading Halt, page-17

Well I do think the fears of this being a trial or a MOU are misguided based on what was in the quarterly see snippets below. As you can see this TH is related to a pre-eminent leader as shown below in quarterly where its states complete and final details so for my understanding this is going to be the real deal how big a deal I feel is what we should be asking. All my view of course I have been wrong before so stand to be corrected

Most importantly is the progression of the most significant contractual arrangement established between a company in the field of Structural Health Monitoring (“SHM”) and a pre-eminent leader in the global aerospace industry. SMS expects to provide complete, and final, details regarding the execution of this extremely important, and “company-making”, agreement to the market in the immediate near-term.

Cash at bank as at 30 June 2017 was approximately $A2.9 million, seeing the Company fully funded to achieve full, licensing (or similar) based commercialisation of CVM™, thereby achieving a cash- flow positive operational platform. As a result, SMS does not expect a requirement for any equity-based operational funding at any time in the foreseeable future, as all visible operational requirements are more than adequately funded.