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SMN, STRUCTURAL MONITORING SYSTEMS PLC
dr_dazmo
post Posted: Feb 18 2019, 07:20 AM
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Hi All,
I assume we will see confirmation today that the 1,829,136 unlisted options expired on Friday 15/2/19.
Also expecting to see the half year result at EOM.


Cheers
Dr_Dazmo




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Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: Jan 31 2019, 09:50 AM
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Excellent development!
Possible that the time frame is conservative?
Cheers
Dr_Dazmo

SMS and Delta Engineering Enter into a Memorandum of Understanding

SMS and Delta Engineering, a Panasonic Company, have entered into an MOU to define the commercial relationship between SMS and DE in relation to the installation and approval of CVM sensors for large radome installations for “WiFi systems” on commercial aircraft. Delta Engineering is not affiliated with Delta Air Lines. Delta Engineering holds the Supplemental Type Certificates (“STC”)controlling the installation and inspection protocals for many of the current WiFi systems, primarily the 2Kand 2KU systems. Delta Engineering and SMS will seek approval from the FAA for a new STC which will explicitly designate CVM as an alternative method of inspection for the WiFi radome on aircraft. SMS is targeting the first installations on aircraft as early as Q3/Q4 of this year.

Delta Air Lines has led the industry by adopting the new generation 2KU radome system across a major part of the Delta Air Lines fleet. With assistance from Delta Engineering, SMS has designed a CVM Kit for B737NG 900 series aircraft. SMS and Delta Engineering will use this initial design, as well as previously completed POADTE-SHM data packages, to seek FAA approval for the new STC. Overall, the incumbent inspection protocols place a very large burden on operators given the frequency of the mandated inspection, the complexity of the maintenance tasks required and the distinct possibility that the aircraft is held out of service for an additional day due to a myriad of unforeseen delays in the inspection. SMS is highly encouraged that multiple operators are now focused on these applications given the sheer number of aircraft affected and the ability of CVM to materially reduce inspection duration and aircraft downtime. We look forward to working with Delta Engineering Organization Designation Authorization (ODA) to obtain FAA approval of the STC, and then proceeding quickly toward global industry adoption of CVM as a sole mandated, commercial solution.




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Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: Jan 29 2019, 07:50 AM
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Hi All,
Looks like we are back in court today.
Hopefully we see a positive end to the saga.
Cheers
Dr_Dazmo https://www.supremecourt.wa.gov.au/_apps/courtlist/default.aspx

The daily court list for: 29 January 2019

<h2 style="padding: 10px 0px; margin: 0px; font-size: 1.25em;">COURT OF APPEAL - CIVIL</h2>Coram: Quinlan C.J. , Murphy J.A. , Mitchell J.A. Court No. 1 09:30Best Bar P/L v. Warn (CACV 20/2018) For JudgmentStructural Monitoring Systems Ltd v. Tulip Bay P/L & Anor (CACV 2/2018)



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Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: Jan 22 2019, 07:47 AM
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In Reply To: dr_dazmo's post @ Jan 21 2019, 09:27 AM

Hi All,
I had a look at the 2018 Annual Report overnight, and note that during the year, there were the following employees:


Production 33
Research 15
Selling 7
Admin 34 (inc Directors)

Therefore the potential employing of a SMS Supervisor & 10 Assemblers represents over a 30% increase in "Production" staff.

CheersDr_Dazmo



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Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: Jan 21 2019, 09:27 AM
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Hi All,
I know there have been a few false starts in the past, but I checked the AEM website over the weekend, and the below advertisements seems to be a pretty good indication that things are moving forward.
IMO this is a very good indicator that that sales are imminent.

Cheers
Dr_Dazmo


https://workforcenow.adp.com/mascsr/default...&lang=en_CA

Structural Monitoring Systems SupervisorFull TimeKelowna, BC, CAa day agoRequisition ID : 1044APPLYSalary Range :52000.00 To 74000.00 (CAD) AnnuallyLet your career take flight with us! AEM is a leading designer and manufacturer of Aircraft Communication Systems. We are adding a SMS Supervisor to our team! This position involves coordinating daily work flow of CVM Sensor manufacturing to ensure that the team produces required amount of high-quality product within required time frames.




AssemblerFull TimeProductionKelowna, BC, CAa day agoRequisition ID : 1043APPLYLet your career take flight with us! AEM is a leading designer and manufacturer of Aircraft Communication Systems. We are looking for 10 (yes, TEN) Assemblers to join our team! This position assembles electronics or sensors (moderate difficulty) and tests products (low difficulty).





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Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: Jan 10 2019, 01:55 PM
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Hi All,
I note AEM have given their website a bit of a facelift over the festive break. https://www.aem-corp.com/
Cheers
Dr_Dazmo




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Always remember the Golden Rule - Those with the Gold make the Rules!
 


dr_dazmo
post Posted: Dec 20 2018, 11:21 AM
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Interesting trading today.Currently up 14.36% on 200K+ shares.The sellers seem to be thinning.
Some positive news might really see this one "take off" (pardon the intended pun). biggrin.gif
CheersDr_Dazmo




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Always remember the Golden Rule - Those with the Gold make the Rules!
 
mullokintyre
post Posted: Dec 20 2018, 08:30 AM
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.
With a worldwide shortage of Pilots, Qantas have announced two new Pilot academies, REX already have one and expanding in Wagga, and Virgin looking to establish their own.
Piper Aircraft corp have had a massive revival selling archers and Warriors, not to American PPL holders, but to the myriad of flight schools set up worldwide.
We see the large number of foreign owned schools in OZ - Mangalore, Merriden (where the Chinese not only own the training college, but own the airport, and restrict locals from using it), Renmark, Chinese own 50% of CAE in Moorrabbin,.
However, thanks to the mindless cretins at CASA, Australian pirivate pilot aviation has declined remarkably.
With the introduction the "new and improved" Part 135 legislation, Charter operations in OZ will be effectiveyl closed down .
Lots of Piston engined twins will become redundant, prices will fall, and lots of aviation businesses will go bust.
Just as the stupidity of CASA's SUDS program immediately wrote off so many older Cessna singles, so will this stupidity write off many twins.
I hope that SMN can maintain a presence overseas.
In fact, if they had any sense, they woul;d shift to the US, where the FAA not only sees General Aviation as an important part of the whole aviation business, they actively promote it.

Mick




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dr_dazmo
post Posted: Dec 20 2018, 07:27 AM
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In Reply To: dr_dazmo's post @ Dec 20 2018, 07:23 AM

Also interesting.

Dr_Dazmo
https://www.indiatoday.in/mail-today/story/wi-fi-on-flights-in-flight-connectivity-1410922-2018-12-17
The government has paved the way for passengers of air travel and sea voyage to use internet and make calls with their mobile phones in Indian airspace by notifying the Indian Flight and Maritime Connectivity Rules (IFMC), 2018.
In a notification dated December 14, the government said Indian and foreign airlines and shipping companies operating in the country can provide in-flight and maritime voice and data services in partnership with a valid Indian telecom licence holder.




The services will be activated once the aircraft attains a minimum height of 3,000 metres in Indian airspace to avoid interference with terrestrial mobile networks, the rules state. The IFMC licences will be granted against an annual fee of Re 1 for a period of 10 years and the permit holder will have to pay licence fees and spectrum charges based on revenue earned from providing services.




However, airlines, shipping companies and service providers will decide how much they want to charge the customer. It is also up to them whether they want to offer both internet and calling services or limit themselves to Wi-Fi services only. Most airlines globally offer only Wi-Fi on board as allowing mobile calls could be too much of a nuisance for fellow travellers.




The notification said the rules will come into effect on the date of their publication in the Official Gazette. The development helps India, one of the fastest growing aviation markets and the second largest smartphone market, join a long list of countries like the US, UK, Canada and China that have been offering the services for a couple of years now.




American in-flight internet services provider Gogo has already committed to enter India by setting up a functional centre in Chennai. The notification said IFMC can be provided using telecom networks on ground as well as using satellites.




The services can be provided by a valid telecom licence holder in India through domestic and foreign satellites having permission of the Department of Space. Telecom minister Manoj Sinha had said on December 5 that his ministry was awaiting the law ministry’s views on in-flight connectivity to notify the rules.




On May 1, the Telecom Commission, the highest policy-making body of Department of Telecom (DoT), had cleared a proposal for allowing wider in-flight connectivity. The proposal said a separate category of telecom operators called IFC service provider’ will be carved out.








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Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: Dec 20 2018, 07:23 AM
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Boeing sees Indian carriers ordering 2,300 planes worth $320M

https://www.foxbusiness.com/markets/boeing-sees-indian-carriers-ordering-2300-planes-worth-320m
CheersDr_Dazmo




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Always remember the Golden Rule - Those with the Gold make the Rules!
 
 


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