Friday, October 17, 2014 10:04:35 AM
I will now climb upon my high horse and endeavour to correct a few myths.
Firstly, I'm a ten year investor and made it my business to have communication lines with the people in the company. My holding dwarfs others that have mentioned their stake. I have met the CEO in Miami simply by requesting a meeting. I saw the card five years ago and played with the pieces. The battery itself was cutting edge technology and very impressive. The card was not working at that point so I did not see it operate. I did rub my thumb across the sensor though and enjoyed an in depth discussion on the revolutionary security features that prevents reverse engineering. You would not believe the efforts the CEO has gone to to get this aspect of the card right. You could say, it involved dancing with the devil.
I am well aware of the frustrations and false starts of the past and sorry you all were not millionaires overnight as you hoped.
In ten years both the CEO and Aust Rep have taken my calls and returned calls. Suggestions they are fraudulent or liars is simply wrong and lacks the empathy and understanding of how difficult it is to raise money in the States for a RnD company and introduce a biometric banking card that will revolutionise the powerful banking system. I concur with LMU. No doubt mistakes were made and opportunities missed but we are all guilty of that. I personally would have preferred to have seen a simpler biometric security card released first. Just think of airport security or military sites all been protected biometrically.
I will add further posts now updating what I know but please don't throw the baby out with the bath water with inaccurate and offensive comments that will only make raising capital more difficult.
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