SmartMetric Inc (SMME)

[mrnutsandbolts]

It's been close to 4 years or so. V/MC defense for the first 3 years and 6 months had been that the patent was invalid. The most recent court ruled it was a valid patent. No damages, thought, because the court said V/MC did not control how the card functioned and thus, the card's use of the patent was not their liability.

So THIS trial they are saying they are not responsible how the works and therefore should not have to be liable for infringement damages.

We say your own witnesses say you do control how the card works....the judges will decide Aug 8th.

As for the price...I agree. Previous times we went to court the price rose on speculation. Perhaps traders, not investors, are tired of the years of trials...??