There is only a hand full of companies around that will continue to succeed in a down market. These companies are ones like SMN who not only add something special to the end user (in SMN's case an increasein the safety of an aircraft which in it self is worth every penny) but probably the main factor to the end user is that it saves them a massive amount of money.
In SMN's case the end user (the airlines) get increased safety and decreased costs among other things.
So while markets are down and companies are going through the usual cycle of good and bad times they all have one thing in common and that is that they all what to save money but maintain business as usual.
Guess what? Not only does SMN's CVM technolgy save airlines tens of millions and even hundreds of millions per year but it also adds something to their business and it adds something that the consumer wants when flying in an aircraft and that's added safety.
So although markets are currently taking a beating, SMN is one of only a few companies that i believe will be very successful in any market condition based on the desire of the aircraft opperators and manufactures to cut costs and increase safety.
The likes of Boing, Delta, Airbus, Embraer, Sirkorsky all havent been testing and helping SMN improve our technology over the past 15 years to get it to commersilation for nothing. They all want to use it because they know the huge advantage it will give them and now that SMN has passed the last hurdle in the development phase and have obtained FAA approval we can now commercialise our technology and start selling/licensing it to the airlines and aircraft producers.
The next 12 months in my opinion will see rapid growth as contracts are signed off with all the major airlines and aircraft producers bringing in tens of if not hundreds of millions in revenue to SMN over the nect 6-24 months and beyond. This will be recuring revenue year on year for the life of the aircraft.
For me its a no brainer investment in any market situation for the above reasons.
Good luck all.
All IMO.
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