Tuesday, September 10, 2019 9:53:52 AM
Buried in there was that they sold a UIS. Those are about 600k IIRC.
The diver pack integrates thermite. That seems to suggest thermite as a product is working well or the entire solution wouldn’t be approved. That’s relevant since they are hanging their hat in terms of Colmek revenue growth on thermite with meaningful revenue targets.
The fact that they are still negotiating licensing makes me think meaningful revenue is a ways off.
The biggest thing the release does is remove uncertainty about DAVD. We know the trials went well.
When posting on VMC boards all postings should have a symbol in the header and if foreign please post both US and Foreign symbols.
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