SMN - Structural Monitoring Systems

[galumay]

SMN a step closer to FAA certification. Its in a precarious position with very little cash and quite a bit of debt, but will be one to watch over the next couple of years to see if it can transform into an investible business once it gets certification.

 

[access]

While waiting for FAA approval the AEM side of the business has been releasing new product lines in the Helicopter field.

The CVM side continues to prepare other airlines that fly Boeing planes and and other aircraft manufaturers.

 

[access]

Nothing more to report.

 

[access]

The company is now trading in the black purely on sales in the AEM side of the business.

 

[galumay]

What do you mean by "trading in the black"? Based on published information its still loss making. Do you have information not available to the market or are you basing that on the bull**** EBITDA numbers?