I agree in regards to Technology and data, however SMN has the technology which is going to take the industry to where they're looking to go. Wouldn't it be nice to have someone from SMN's board on the committee, there to represent our technology? I would think it would be a great platform to forge and bond essential industry relationships? A body with a wealth of information, who are currently paving the industry guidelines. Surely can't hurt to be represented? And I'm Not talking Rich, it's not his place.
Mr Reveley is still a member but we currently have no representation from our current board.
Trevor Lynch-Staunton is an essential part of the puzzle, must be retained.
Great point about licensing strategy, tough to sell sensors without a price point.
This From the highlights of the recent quarterly
• Preparation of an articulated commercialisation strategy to make SMS profitable
Quarterly Activities/Appendix 4C Cash Flow Report
Hopefully this is what they were referring to almost 2 months ago
The new policy as we transition CVM™ towards full commercialization via AEM, will also see engagement
with experienced external consultants, as identified by the SMN Executive Vice President of Business
Development, assisting the development of realistic commercial validation packages for CVM™ sensor
technologies to be presented to airline executive teams.
Work is also being done to finalise realistic industry accepted pricing scenarios to ensure the technology
is sufficiently valued in terms of benefit to the industry while also adhering to operators ROI requirements.
The intention is to quickly progress the development of realistic costing models via industry focused
external consultancy firms towards effectively communicating the economic benefits of implementing
CVM™ technology to airlines.
Strategic Restructuring
This could, in my opinion, be a catalyst for share price appreciation. Might also give us a clue, as to how far off commercialisation actually is.
We wait in anticipation.
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