RE: High winds and rainPSCIED, I believe many long term investors are reduing their exposure to Cymat. When you review managements statements about progress over the past years...it make it tought to see why recurring commercial revenues haven't been achieved yet....always quotes about a lot going on within the company but very short on any specifics details to substantiate them:
2011 SECOND QUARTER RESULTS 12/13/2010
"We are very pleased with the progress made this year with our commercialization activities," said Michael Liik,
"We are optimistic that these commercialization initiatives will continue to gain momentum through the remainder of the year." said David Fowler, Cymat's new President and COO.
2011 FIRST QUARTER RESULTS 09/10/2010
“We are very pleased with the progress we made in the first quarter with our commercialization activities” said Michael Liik, Cymat’s Chief Executive Officer.
2010 SECOND QUARTER RESULTS 12/11/2009
"This quarter resulted in significant business progress as we have completed our material characterization efforts for SmartMetal™ and Alusion,” said Tim Hardman, Cymat’s President.
2010 FIRST QUARTER RESULTS 09/02/2009
“This quarter resulted in significant progress with respect to validating our technology in the military industry” said Tim Hardman, Cymat’s President.
2009 FOURTH QUARTER & YE RESULTS 06/23/2009
Michael Liik, Executive Chairman of Cymat noted that “the company made significant strides in fiscal 2009 despite a very challenging economic environment. We were one of very few Canadian small cap companies to be successful in completing a financing; we made considerable progress on our blast mitigation initiatives; and successfully completed a milestone automotive project for a high-performance German auto maker”.
2009 THIRD QUARTER RESULTS 03/11/2009
“This past quarter has seen significant progress in moving our technology to commercialization” said Tim Hardman, Cymat’s President.
2009 FIRST QUARTER RESULTS 09/15/2008
"Looking ahead to the next 2 quarters, we anticipate that our efforts and initiatives in both of our automotive and blast mitigation businesses will begin to generate tangible results," said Tim Hardman, Cymat's newly appointed President and COO.