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Tuesday, 09/10/2019 9:53:52 AM

Tuesday, September 10, 2019 9:53:52 AM

Post# of 5799
Couple thoughts on the news release

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.



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