SmartMetric Inc (SMME)

[caseytrader]

I'm inclined to believe it's Chaya's refusal to give up control that is relegating investors to the back seat at the moment, Shiner. Otherwise, why would there be the continued vigorous, many times angry, pursuit of recompense from MC/Visa. Were it strictly a ponzi scheme, she could instead continue issuing shares & collecting from a new cache of "believers." This is surely the sign of someone emotionally invested, as well as financially.

This does not serve our concerns well in the short-term, and perhaps even in the final outcome. I agree, though, for investors, Hub chat should be a non-starter.

Yes, it does actually influence some penny stock prices when the chatter gets amped up, but there's usually a lot of noise and misdirection being driven by people with the means to drive the volume and speculation until it's on everyone's radar in penny land. Then the usual sell-off occurs leaving the bag holders, etc. If you're invested, though, that noise disappears and you'll find prices level off and stability returns. At best, you can use those opportunities to decrease/increase some of your holdings.

Those movements come with penny stocks, and are only controlled by sustained news, which brings us to the observation of fluff vs. real news. Someone observed earlier that by keeping good and not-so-good news flowing, Chaya builds more credibility over issuing tangential and repetitive PRs. I agree whole-heartedly. Her messages need to be for general consumption, therefore complete each time, but targeting her investor base since there is little to no direct communication any longer.

And therein lies the rub and the answer: Talk to your investors directly and at regular intervals, then you will erase the need to vent publicly. Engage.

As always, my opinion only, and the best to all here...