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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
Post by Tartamon Aug 18, 2009 4:13pm
361 Views
Post# 16228756

Cymat

CymatSome observations;
1. I attended the AGM, go4future did an excellent job reporting on same.
2. I had the opportunity to talk with Gen. Lew MacKenzie, an interesting individual. Gen MacKenzie feels that the use of blast mitigation material would stop about 20% of deaths and injuries to our Canadian troops.
3. That begs the question, why is our government not moving forward with this product?
4. The recently announced deal with a U.S. OEM is a start, a good start, but just a start.
5. COO Tim Hardman should be in Spain (or may already have returned) hopefully with a Purchase Order in hand for architectural panels, $4 million?
6. I understand market dynamics,however there seems to be an endless supply of stock at 22 cents?
7. Company credibility will (if it is not alreay) become an issue if no hard orders come soon.

Am I just sounding off or do thers have similar cocerns?

Any comments?
Bullboard Posts