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Re: Duke post# 7738

Monday, 10/05/2015 11:15:55 PM

Monday, October 05, 2015 11:15:55 PM

Post# of 20024
Duke,, really, with all due respect, where is the money coming from to "mass produce"? Do you have any idea how much the tooling alone costs to set up the lines and moulds needed to create the card, manufacture the circuit boards, aggregate enough supply of processing chips and especially FLASH memory where Apple has cornered almost 90% of the worlds flash market to have a 10 year supply for their phones? Also to secure "off the shelf" fingerprint sensor? In order to do that, SMME would have to have bought the factory, issued tens of millions of shares, etc...... and.......NOTHING in the K about any of that.

Forget about the complete lack of any biometric IP, the filing of any provisional biometric design or utility patents, etc................ and Chaya has you ALL believing that he/she is a biometrics expert. If it wasn't so serious, it would be hysterical. This company seems more interested in touting how big the market is, and how many millions are lost due to identity theft..........but the real engine is HOW they are going to do it......and there are no HOWS...........just a lot more lines to create hope........

Its not my burden to prove anything to this company or this board, but in the end, I am sure I am right. But it IS the companies burden under the law, to fully disclose. So which is it, are the unlawfully holding back.....or is there really nothing to say.

Asked but not answered other than mere speculation and tap dancing around the issues.
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