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I suggest you re- read the press announcements.
No, I think he is referring to the university that set up a demonstration site for prospective clients to see the card in use.
This has now progressed to a level where the back-end software is now being customized to suit client's need.
Still needs time but seems to be getting closer.....
https://www.businesswire.com/news/home/20181022005675/en/SmartMetric-Welcomes-Latest-Research-Report-Forecasts-579
SmartMetric has developed a credit card that uses the card holders’ fingerprint to activate the credit or debit card prior to it being inserted into a retailer’s credit card reader or ATM. This allows for a full 100% biometric validation of the card user.
“Using biometrics inside the credit card is something that has taken us over 15 years of R&D but now we find ourselves with arguably the most advanced and exciting biometric solution to fight credit and debit card fraud,” said Chaya Hendrick.
Still valid.....
Come on Jocker, first of many deals are not too far away. It's been slow and frustrating but seems we are getting closer.
Four distributors agree....
As if you can announce who the clients are before they actually test and place an order...
How is that a cut and paste?
First time they have announced that distributors are receiving cards so they can make sales.
You're right, do some DD.
I guess to build excitement, keep investors updated and attract attention from the industry.
They always leak info ahead of a new iPhone release.
Let's hope they deliver this time.
NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME)
SmartMetric is on-track to complete production of its world first dual purpose cyber-security and access ID biometric card at the end of September.
https://www.nasdaq.com/press-release/smartmetric-to-release-world-first-combined-cyber-security-and-access-id-biometric-card-20180920-00820
Set your watch by it.....
Well you must think that this is easy. Two more months seems reasonable.
I guess you need to follow a little closer.
Obviously the distributors have not yet received cards to allow potential clients to place orders. Remember the recent advancements that were announced?
Clearly, they have demonstrated prototypes but this month they will receive cards to personally cater for clients individual needs.
Then the orders will come!
Well that’s how I read between the lines.
People that think you just order these cards by the boxful without client consultation or company input are delirious and don’t understand the industry.
Four distributors believe she does. The release of the cards are to those distributors to start taking orders.
Of course it will probably show zero revenues and that is exactly what the share price reflects.
The market capitalization is very low for this technology.
You can choose to focus on that but I'll be focusing on the release of the multi functional card to the many distributors that have also decided where the future is headed.
The topside potential is huge and you all know that because you're still holding!
I'm guessing, it won't be much longer before you get the desired result.
Ha ha so I'm guessing a launch in September is not news worthy.
https://globenewswire.com/news-release/2018/08/24/1556532/0/en/SmartMetric-Announces-Successful-Completion-Of-Its-New-Multi-Biometric-Card-Electronic-Board-Allowing-For-Just-In-Time-Card-Manufacturing-For-Five-Different-Types-Of-Biometric-Card.html
More information released for investors to understand the technology and direction of the company.
The good news is there if you take the time to read and comprehend. I'm first to admit its been slow but its building and it's not my job to convince anyone. I just post the facts.
In good time...... meanwhile, try and comprehend the last release.
Yes, wrong again.
I am sure this guy has seen the card....
GPC President Eduardo Voloschin, meanwhile, praised SmartMetric’s fingerprint scanning smart card solution, saying the product “is the future.” Elaborating on the benefits of the partnership for GPC, Voloshin said, “it will bring us more opportunities over the regional market where we are already a strong company servicing the largest credit card issuing Banks.”
You have no evidence of any fraudulent activity. You are basing that view out of frustration based on the amount of time it has taken to get this product to market. The latter, I understand but you cannot throw out the personal accusations on Chaya without any proof. To be honest, they are slanderous.
Pick up the phone and call her.
What I am saying, is that our competitors cards will not see the light of day as a banking and credit card. V and MC may have invested money but they are years and many models away from an ideal card.
furthermore, V and MC are not the purchases of the cards, Banks are. No bank will sign on for a card that cannot get cash from a machine and or the user has to stand and wait with the finger on the sensor whilst the transaction goes through. Probably explains the recent delays but good to see we are still progressing.
You correctly state no sales in 15 years but it appears we are getting closer and closer now. no competitor has any sales either but you don't point that out do you.
Recent SMME article announces the new improved battery and manufacturing process.
SmartMetric Announces Breakthrough In Thin Battery Technology Powering The SmartMetric Biometric Activated Credit And Debit Card
http://paymentsjournal.com/smartmetric-announces-breakthrough-in-thin-battery-technology/
Doesn’t work in an ATM machine though. You have to keep your finger on the card.
Good luck getting sales with that.
Not a South African banks or Middle Eastern Banks but American banks because we have the patent to protect the IP.
SmartMetric biometric cards are available to Banks in the United States through SmartMetric’s industry distributor, PROTEC. PROTEC Secure Card (PSC), based in New Jersey, have years of experience in the Credit Card industry both in the USA and Latin America. PSC is an established Visa, MasterCard and Discover certified credit card manufacturer that specializes in advanced high-quality credit card production for card issuing Banks in the United States along with Central and Latin America. The company is a leader using the most updated equipment and technologies in their secure production facility.
In our talks with Bank card issuers we have learned of two competitors who have seen the market that SmartMetric has created for biometric credit cards. Unfortunately for these competitors in their rush to come out with a card, they have released a product that does not have a rechargeable battery inside to power their cards. Unlike the SmartMetric biometric card that is powered by an internal miniature “rechargeable” battery.
The other cards require the card user to hold the sensor while the card is in the card reader in order for the card to draw power from the reader and consequently providing power to the cards internal processor. This of course does not allow this card to be used in such places as restaurants that take the card from the table for processing or most ATM’s. Banks recognize that this is inferior to the SmartMetric self-powered biometric card that allows the user to use their card at all card readers, ATM’s and in all situations the card user my wish to use their card.
Read the PR lol.
Who cares, I’m just sharing the info, what are you offering?
Interesting couple of weeks ahead!
NEW YORK, July 13, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) – After many months of secret product development, SmartMetric has now under manufacture its new Biometric Credit Card designed to fight the burgeoning threat of online fraud. Without revealing the specifics of the new biometric credit card that is expected to be unveiled in the next few weeks....
Whole article -
https://globenewswire.com/news-release/2018/07/13/1537208/0/en/SmartMetric-Announces-New-Biometric-Credit-Card-Designed-To-Make-Online-Transactions-Safer-Is-Now-Being-Manufactured-By-SmartMetric.html
I checked with my broker today at Ords, there is no problem trading SMME shares
There may well be an issue with Australian based brokers dealing in Pink sheet stocks.
The OTC Markets page states SMME are "Transfer agent verified" so there is no problem there.
I checked the SEC site and there was no mention of any regulatory issues.
Any queries should be directed to the stock agent.
World Wide Stock Transfer LLC
email our representative, ykopstick@wwstr.com
Note-I am not representative of the company or a spokesperson for Chaya or anyone else associated with SMME. I am simply an investor who decided to call and introduce myself to the CEO as an investor. At times I may offer advice or introduce a contact in the industry. I receive no extra information and nor do I ask as I am aware of Insider trading rules. I treat Chaya with respect and that is why she takes my calls.
You don't have to agree with everything she does but I can assure you all that she works very hard and is totally dedicated to get a result for us all.
I do take offence to people blogging misleading information or with offensive comments.
Just an investor like everybody else.
I feel like I’m banging my head against the wall.
You stated they are non-compliant and you can’t trade shares through your broker because of this. You blamed a Chaya for this and questioned her integrity.
However, the market continues to trade. Please tell us how they are non compliant! Where is the breach? What guideline did they breach?
You can’t just state it there is a breach you need to tell us why!
You have not posted any reason why as far as I’ve seen.
Meanwhile the shares trade on.
Did you think that maybe the university may not be ready to be named or even have a policy to not announce commercial deals?
If it’s market sensitive SMME are obliged to announce.
Anyway, there are many reasons why the details so far were vague.
I’m hoping we get more details soon but your expectations of being told everything you asked is naive.
Companies just don’t announce deals to that detail.
For what it’s worth, I am aware the CEO is currently in Argentina.
I called to check on the non-compliance, false accusation.
All I am doing is correcting misinformed people on a few facts. If you say Morgans are stating that SMME is not compliant then publish the statement here and I will check.
Considering shares are trading I bet you’re statement is also misinformed.
Morgan’s may simply not trade pink sheet stocks.
Now. What’s the non compliant accusation?
Three distributors announced this year. These companies don’t sign on unless they have done solid due diligence and think can make money from this card.
Secondly, a University have also signed on for cards and offered their facility as a demonstration site.
I’ve seen a prototype demonstrated. Very impressive.
Credit card deals will take time.
Security card deals should start rolling in.
Plenty to be excited about.
Seriously, you’re not understanding the process that you need to go through and you are slagging off managements and misleading investors.
Send your share certificates to the Stock Register with your letter and they will issue tradable shares with your broker.
I have not sold any shares but aware of others who have.
Stop embarrassing yourself.
Big things are coming....