Intellectual Property Valuation

Structural Monitoring Systems has been working towards the development and commercialisation of their intellectual property Comparative Vacuum Monitoring product CVM.

This has been many years of hard work with the dedication and vision of its employees and this alone adds value and should never be underestimated.

With thousand of hours in laboratory testing and building key relationships with major OEM's, the technology is a major breakthrough for the Aviation Industry. The saving of cost to every airline company in downtime of loss revenue cannot be underestimated.

With OHS in the workplace now integrated across the globe, with the airline industry at the forefront to protect their clientele with improvement in Safety, CVM through continuously monitoring of any cracks in predefined areas on an aircraft which is at high risk of crack formation- I believe saids it all.

Most brokers have a valuation of 500 million. This is what the "Intellectual Property" is worth "MINIMIUM "

Over 10 years in its development, high barriers to entry, with at least 3 years ahead of its nearest competitor.

What is there to worry about? Remember this for your learning experience, when SMN finically get more market exposure and through the S & P Rebalancing, all Funds will have to buy this stock, which will continuously move the share price north. As a preclude to how fast this can happen-go and look at BAL.

Once the market had BAL 's attention, its share price in 12 months went from approx $1.50 to well over $12.
There is no reason why SMN will not be near $10 by middle of next year.

So for those that are silly and are selling now due to fear, as Clint said "Go ahead Make My Day" Dumb sellers bring wealth creation to long term holders!

Good luck