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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
Comment by IChingon Mar 01, 2007 4:58pm
255 Views
Post# 12337901

RE: Separate Transaction

RE: Separate TransactionNot quite a gypsy swap. Normally a gypsy swap involves one party selling shares of a given nature to another party and buying back the same number of shares (often of a different nature) from another party which often is the company's treasury (through a placement or whatever). This transaction here sounds more like someone wanted to hedge their bet as a condition for their investment that will be locked up for the said period. Guess you will know who's dumping if the price rises (they will get their shares from the PP anyway and so can pay back treasury and keep the profit to offset original capital invested - heck they may even short from the crest and double up!). If the stock looks weak, well, it could be ugly. Good outlook though IMO.
Bullboard Posts