SmartMetric Inc (SMME)

[Macrobull]

"Buying into a development company on the penny boards is not the same as buying stocks on an exchange...you know that. So don't cry about people losing money or not making money because the risks are all well known when it comes to investing in a company such as Smartmetric"

You never seem to understand the reason for the frustration and cynicism
It is not so much that this is a hit or miss technology stock.
The problem has been a strategy of embellishing in an extreme form the timeframe for the commercialization of the technology.
Need to raise funds, spread the word amongst investors "things about to happen ", "last chance to get in "
Then inevitably find the excuse to push out the timeframe... when the money starts to run dry , ramp up the talk again
I have heard that for 5 to 6 years directly and indirectly.. others for 8, 9 , 10 years.
It may all take off- I still hold some hope- but the means to get to this point has, at times, shown a lack of integrity.
And whether it is on the big board or the OTC board, companies have a responsibility to act honorably