Pending FAA Approval, page-362

Where have all the sellers gone?

We have 19 buyers for 171,852 shares & 12 sellers for 64,110 shares.

With the quarterly report due 31 July (1st August viewing in Australia) & the appointment of Terry Walsh to the Board, the employment of additional staff by Anodyne for the specific purpose of being involved in the manufacture of sensors for Structural Monitoring Systems & the increase in floor space at Anodyne for it to be able to dramatically increase production of sensors are several reasons to be confident that FAA approval for all or most applications is imminent.

The rush to sign up by several airlines may follow in the near future after the approval.

Delta will also be in a position to start fitting sensors to their entire fleet. This will probably take anything up to 10 years to complete as aircraft will have to be positioned at the time of maintenance for the fittings to occur. Each airline will have to schedule their aircraft for the fitting of sensors & the ability of Anodyne to manufacture sensors at the required rate could come into question.