SMN 2.92% 70.5¢ structural monitoring systems plc

From late March investor note...

  1. 1,604 Posts.
    From late March investor note

    http://www.smsystems.com.au/_content/documents/943.pdf

    For all those that have been here for a while will know that what they write here is on the money.

    This is very real and if you want evidence read below. Big events that are pivotal to SMN's SP direction are imminent.

    "This documentary milestone confirms Global Alternative Means of Compliance (“AMOC”) status for CVM technology. Commercial approval of CVM technology signals a turning point in the history and direction of SMS. SMS can now confidently turn its attention to securing licensing agreements with both airlines and aircraft manufacturers. It is anticipated that current dialogue with a number of significant industry participants will materialise into binding licensing agreements within the near future".

    "As alluded to in the recent conference call on 27th November 2015, current management, having achieved a number of important milestones since 2011, understand that to create further value for shareholders, leading industry figures who specialise in commercialisation and marketing within the airline industry will need to be elected to the board. This will be an important transition for the company as it moves from a technology commercialisation stage to the full commercial roll out, marketing and sale of CVM technology".

    "Providing support to the programme is SMS manufacturing/engineering partners, Aerodyne Electronics Manufacturing Corporation (AEM). AEM has developed a highly innovative sensor design to monitor the hard to reach 90-degree application area. The pilot programme is anticipated to be completed within 8-12 weeks (starting the beginning of March), upon which time CVM sensors will then be installed across an entire fleet of Apache AH-64 attack helicopters".

    Cheers bonkers
 
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