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Cymat Technologies Ltd V.CYM

Alternate Symbol(s):  CYMHF

Cymat Technologies Ltd. is a manufacturing company. The Company holds licenses and related patents to manufacture and sell Stabilized Aluminum Foam (SAF), a cellular metallic material. 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 strong, lightweight panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It develops applications for use in the automotive and industrial markets. Its divisions include SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. SAF is used in such industries as architectural design, military and automotive. It markets its architectural SAF under the Alusion brand and its automotive and military SAF under the SmartMetal brand.


TSXV:CYM - Post by User

Bullboard Posts
Comment by wizwizon Aug 23, 2007 2:36pm
187 Views
Post# 13291495

RE: How much Cash has Cymat???

RE: How much Cash has Cymat???Cash & Equiv: $360,000 as of 2007-01-31 Total Liabilities: $1.28 million Total Equity: $12.46 million Cash Flow: $-0.45 million So they don't have much debt but the negative cash flow will eat up remaining cash on hand by the end of the year. They need orders pretty quick or may have to issue more shares or borrow money. WizWiz
Bullboard Posts