another interesting 2005 email
Dear All
The news we have all been waiting for: I must firstly thank you for all your patience and as you would appreciate
that confidential information regarding the up and coming listing and certainly whilst Smarmetric have been dealing with the SEC, Peter and John have not been able to let out information due to their confidentiality agreement. As Peter can very easily say now (and living Melbourne) he does not want to be another Steve Vizard!
I was telephoned by Peter Sleep this morning to let it be known to you all that Smartemtric has now been released from the SEC (Securities and Exchange Commission) in the States. Not only that - the IPO (Initial Public Offering) is opened for the capital to be raised. As you will be aware that this has been an accelerated listing applied for and of course has been accepted this was able to be done by fast tracking the application whilst waiting for the SEC release. There were questions which still had to answered , however in the end Smartmetric was able to verbally go through the requirements after President Bush got rid of theSEC head person (ie sacked him) as he was holding up so many Companies wanting to list.
President Bush has wanted to get the economy moving and whilst NASDAQ listings were being held up this was slowing everything down. He wants Companies out there creating jobs!
Colin Hendrik (the CEO) is now allowing the Australians in first before the US Brokers receive their issue. I am surmising that Colin as you would be aware is an Australian (however now an American Citizen and married to an American) is wanting a "bit" of cudos and recognition here in Australia for what he has achieved, albeit a bit lengthy and with great tenacity it is now finally coming to an end. Indeed a great acheivement for him and of course not without the help of we investors here.
Should you wish to further invest at this late stage, in the IPO the shares are $1.50 minimum 5,000 shares ($7,500 US) which would be approx $10,000 Australian dollars. This will be open for a very brierf time and before it is released to the US brokers whose allocated number will obviously have to be cut down giving the Australians who have supported them, the opportunity.
If interested could you kindly email to John Dangar on j.dangar@bigpond.net.au or Tel. John on (02) 93282010. I also have application forms here and could email to you. You will have to commit as to how many shares you would want as soon as possible (open for no longer than about 6 days.)
I am working on some brokers for those of you who wish to get set up accordingly in the short term This is not as simple as it seems as we are dealing with US brokers with whom the trades will be done. However you will have a few options when I have completed further investigations.
We will also advise the NASDAQ code and to how you can access from your website to keep a watch on the shares and of course the EXACT list date
Best wishes to you all and once again thank you for your patience.
Kind regards as always,
COLLEEN
