Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cymat Technologies Ltd V.CYM

Alternate Symbol(s):  CYMHF

Cymat Technologies Ltd. is a Canada-based manufacturing company. The Company holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a process, in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It continues to develop applications for use in the automotive and industrial markets. The Company operates through two divisions: SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. Its flat panel architectural line of products is separately branded as Alusion. Alusion markets and sells directly or through a network of worldwide agents and distributors, for use in a range of projects.


TSXV:CYM - Post by User

Bullboard Posts
Post by IChingon Apr 12, 2006 8:57am
206 Views
Post# 10668774

The only problem is money

The only problem is moneyI've been following Cymat for years and I think the present CEO is doing a great job. However they are still much in a R&D pre-commercialization phase and their burn rate gives them only one quarter (two at best if they had cut back post january). They need to finance soon. Their capital structure is already up to 50M+ shares o/s. So at this price and burn rate , they're probably looking at an extra $3M-$5M inflow, i.e. 10-15M share dilution. Of course any major licensing deal and near term production would bring revenues...but it looks improbable at this point. Just my 2 cents. Comments?
Bullboard Posts