Replies to post #4898 on Coda Octopus Group Inc (CODA)

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Something caught my eye today in Raytheon news feed.
$COGI Coda Colmek, $RTN Raytheon

New electric gun for Phalanx® Close-In Weapon System passes first test
Upgrade allows firing at varying rates, efficient use of ammunition
http://raytheon.mediaroom.com/2017-04-04-New-electric-gun-for-Phalanx-R-Close-In-Weapon-System-passes-first-test

Just to be clear there is no mention of Coda Colmek being involved in these new upgrades, but Colmek has been an active Sub-contractor with Raytheon on the Phalanx® Close-In Weapon System "refresh" for some time.

So here's what I do know.

From 2016 10k Annual Reprt
pg. 19
Colmek has the requisite accreditation for its business including LRQ accredited to ISO 9001:2008.
Colmek has long standing relationships with a number of prime defense contractors and has been supporting a
number of defense programs for over 15 years including the (CIW) Close In Weapons Support Program (Phalanx) for
which it supplies proprietary parts and services and technical refresh programs for these parts. As a result, Colmek
has repeat revenues from these long standing programs...

https://www.otcmarkets.com/financialReportViewer?symbol=COGI&id=165770


https://www.colmek.com/articles/phalanx-close-in-weapons-detection-system/

About Colmek
https://www.colmek.com/about/

Coda Octopus Group Inc..
http://www.codaoctopusgroup.com

April 2017 Presentation
http://content.equisolve.net/_221c62e812867715b508df938b4affe3/codaoctopusgroup/db/333/2224/pdf/CODA_Corporate+Presentation_April+2017+%28PUB%29.pdf