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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 Hopefulhomerunon Jan 09, 2014 6:07pm
145 Views
Post# 22075999

RE:$2 million from Stone Source in 2014?

RE:$2 million from Stone Source in 2014?I guess one has to ask what is a "material" event" and must be reported/released to the public. Even if an event is not considered "material", why wouldn't Cymat release the info for marketing/promotional purposes?  Also, for the quarter ending Oct 31, 2013, they filed the info (on Sedar) on Dec 23, 2013, but there was no news release this time around. Was it an oversight, or, was it something they couldn't afford?  After reading the financials, one could guess it was a conscious decision not to issue a new release due to lack of funds unless it is absolutely required.

GLTA
Bullboard Posts