SmartMetric Inc (SMME)

[kr26]

theres a good reason the " review" was quite different for SMME.. the facts are, they've raised >$24m over 12+ years and not produced anything saleable , ever. They have one senior person running everything from sales to idea generation, and that person has a long history of failure and incompetence. The only reasonable conclusion is that Chaya has enriched herself at the expense of long suffering investors. The company has promised timeline after timeline of announcements..from production line success to actual bank signings ..none of which have ever happened or been delivered. Theres always some excuse justifying the failures at all levels within the organisation, and investors still get tempted with " get rich quick" promises that appeal to human greed.
Ultimately, its hard to classify this start-up as a genuine company. A clever scam to provide funding for Chaya's wild ideas would be a more accurate interpretation, and I believe that was the conclusion of the Tech Analyst.
I say to SMME .. put up or shut up...