SmartMetric Inc (SMME)

[LittleMissUnderstood]

Bo,

I completely agree with you!

Obtaining funding & product release are by far the greatest priorities. There's no denying these facts.

Nevertheless I remain surprised the decision by the courts to reject granting a re-hearing has gone unnoticed during the past 48 hours by those with a genuine interest in all aspects of the company.

Given the costs to Mr Bright and his firm the latest decision would be anything but a distraction and would I assume would be having a significant effect on his company knowing he has spent millions pursuing the behemoths Visa & MasterCard.

No doubt Mr Bright will I'm sure be seriously considering his options which will best serve his firm and his client.

I was pleased to learn last week that a proportion of the funding required has already been received which has been set aside awaiting final funding subject to due diligence being performed where its anticipated it will be concluded by mid November.

Whilst not wishing to get too carried away knowing we have all witnessed false hopes before due to the difficulties associated with securing funding I cannot help but believe with what I've been told last week that this time it's different.

Not long now.

LMU