Big Year for SMN in 2018, page-5

Reminding us this tech works and has largely been derisked thru extensive testing. And there is another company making deal on the way - the promised near term update?

Through multiple in-flight test programmes on both Aircraft and Rotorcraft in a multitude of environmental conditions as
well as countless hours of lab testing within Sandia National Labs, the technology risk associated with CVM has been all but eliminated. Recent OEM Service Bulletin revision approval is proof of this. We know the technology works as it was intended, has demonstrated inbuilt fail safe, and most importantly meets or exceeds the worlds most stringent
industry standards.

Our position remains that regardless of how badly the company has perceived to have been run by the Board/CEO in the last six months and regardless of when the all important contracts will be signed, the business and the technology remain in a strong position to capitalise on OEM and Operator partnerships and recent approval of CVM within the industry. SMS is verging on Company making and industry disruptive royalty agreements with two major aerospace participants.
Within the very foreseeable future the Company has indicated they will be signing the first of the two initiatives. We believe that now OEM Service Bulletin revisions have been given domestic approval by ANAC, the multiple parties to the contract are now in a position to execute.

“In the short run, the market is a voting machine but in the long run it is a weighing machine” - Benjamin Graham

Cheers