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Please do not give those lying scumbags any oxygen. 20 years of nothing more than promises, big ideas and lies all supported by gullible greedy investors. I know its painful, but we've all been scammed. Time to move on and let the relevant authorities catch up with these criminals.
thats right, maple tree. The SMME shares may not be available much longer because they will probably be de-listed at zero and Chaya will be locked up for fraud..
Its rather ironic that the " SMME CARD" has built-in fraud protection, but investors haven't been protected from the clearly fraudulent dealings, comments and activities of CHAYA.
10+ years of lies, no product, excuses and personal wealth accumulation for Chaya. The real fraud protection lies in the powers of the SEC. Surely its just a matter of time before CHAYA and her corrupt staff get investigated.
The SMME stock price is not really there. It appears someone is propping it up by spending tiny amounts of $ to give the illusion it is trading. Who would be dumb enough to buy a stock that has no product, no sales and a complete moron as a CEO.?.
Please stick to facts. The share price has fallen from $1.50 to $0.02 as the world finally realises SMME has no product to sell and is nothing more than a scam set up by Chaya to get herself rich and make investors poor.
Yes, Chaya has discovered that if you pump disinfectant into a credit card, it stops hackers, fraud and viruses. She will shortly be launching a new round of fund raising, led capably by the that lying idiot in Melbourne.
If by "still operating", you refer to the daily press releases highlighting global credit card fraud and SMME's hope that someday they will have a solution for that - then yes, you are correct. SMME continue to stoke the global narrative, but they have never been part of any solution.This whole 15 year experience has been nothing more than a high school science project by Chaya that failed.
But it differs from the normal school project in 2 ways: 1) most high school students actually make a working product. & 2) High school students don't use their projects to rip off investors and live a life of glorious exile in a safe beachside resort, as Chaya did.
But you cant blame the virus on 15 years of blatant theft of investor money and no working product. No, this is just a continuing fairytale for Chaya, and a nightmare for investors. But as LNM mentions, the scam is up and surely the SEC and fraud squad will be knocking on the doors of Chaya and that liar in Melbourne.
thanks LNM, it was always obvious to me that Colin/Chaya was the lowest form of corporate filth, and that moron they employed in Melbourne must have had a background in lying and cheating. It didnt take long to figure out that their repetitive press releases were not being fact checked within SMME. They were constantly announcing "big news" that had already been released many years earlier, and since it was not possible to get any of it verified, they just kept on releasing it. God knows how many friends we have all lost for stupidly discussing this piece of coyote turd.
yes LNM, many potential investors were saved by your warnings. Also, there were many other astute contributors on Ihub who also warned of the fraudulent SMME website that encouraged investor questions and then blocked actual feedback and real questions.
It was a clever ruse from dishonest Chaya and scumbag Melbourne guy for generating paid social media comments giving the illusion of having a real product. Only through constant questioning have we discovered that after 15 years, there is nothing to show and no workable card.
Also, it was very clever of SMME to continually highlight the fraud involved in the credit card market, even though SMME don't have a product or actual involvement in that industry.
Overall, its really amazing that there were so many dumb investors tricked into giving Chaya their money. At least this sorry story is over. They have run out of money and its hard for them to generate further lies when we all know the truth now. I assume the SEC and Australian fraud squad are closing in on those 2 low-lifes, and we can all move on and learn from our gullibility and stupidity.
"Corporate ads. com" has a very nice client list of no-hope , scumbag loser companies, all desperate to promote the illusion that they have a product..
SMME is the ideal client. They pay cash and have been the source of a ton of BS over many years.
SMME has lost track of their own fraudulent press releases. They told us long ago that the European banks had a copy of their working card. Now all of a sudden they need to wait for the virus to clear before they can send them cards. Of course, the cards dont work and the banks dont want them, but lets not let the facts get in the way of a good BS story from SMME.
Yes, the need for biometric credit cards does seem substantial.
What a pity that SMME has no skin in that game. SMME have never produced a working product. All they have is a dream and a publicity department that tries very hard at linking the dream to reality.
They have failed miserably.
Everyone now knows that Chaya is a fraudster and the liar in Melbourne just makes up stories to entice investors to donate money to Chaya. Its a revolving door of money that enriches Chaya and enrages investors. Yes, 15 years of total comprehensive failure.
Hopefully it all ends with those 2 shysters ending their days in a rat filled jail cell.
prove it. you cant.
she is a well documented liar. there is no proof the card exists.
this is pump and dump . Chaya is heading for prison.
Message to SMME. Please stop paying for self-promotion. You have no money left, and paying those morons to publish positive commentary is an insult to the many investors who gave you money.
No-one believes you have a working product. Investors are tired of your lies. For 15 years, that scumbag in Melbourne has been promising endless major announcements. None have ever proven to be correct. The dishonesty and total contempt for shareholders is truly astounding. We just want this BS to stop.
Chaya, you win. You have fleeced investors with your lies and delusion of grandeur and competence. In reality, you are nothing more than a failed hack who cleverly deceived investors. You turned a good idea into a ponzy scheme. May you rot in hell.
There is a typo on that press release. Chaya meant to say it is expected in the next 30 years. No one on this planet believes anything that moron says. The company has run out money , has gifted millions of shares to that moron Chaya , and still has no product to show that actually works despite 15 years of " testing" .
did she state that in 2005? 2007? 2010 ?
2015? 2019? 0r 2020?
Answer: all of the above.
fact : there is no proof the card exists
fact : testing of their " product" has continued for over 10 years, without a working solution.
Fact : this company is a dud
lets not forget that lying scumbag in Melbourne. He blatantly lies to investors, creating excuse after excuse as to why their fictional product has not made it to testing, through testing , in testing , out of testing, being delivered, not delivered, lost in transit, found somewhere etc etc etc.
We can only hope he gets to rot in a jail surrounded by rats, pimps and drug dealers who are more suitable company for him than the high life he is currently enjoying.
hi Late night- welcome back . you were one of the first commentators to recognise SMME for the scam that it is. SMME have taken millions of $ from gullible investors and squandered it on business class holidays for CHAYA. Not one product has ever been seen or produced. no sales. no product. lots of excuses. all total BS. they tell lies and dupe people. its a disgrace.
Yes, indeed, another excellent move higher in the SMME stock price from $0.01 to $0.012. Those investors who bought shares at $1.00 would be thrilled to see their losses recover from -99% to -98.7%.
Many investors bought their shares on the back of poisonous deceitful lies from Chaya and her dishonest side kick in melbourne. But its good to see that paid advertisements such as your post will keep investors interested.
The answer to the missing money is simple: no machinery. no cards. But lots of $$ invested in a nice personal villa, somewhere in a non-extradition country, for Chaya to run to when the authorities eventually catch up with her. Her brazen and blatant theft of corporate IP, shares (personally issued) and funds for own enrichment is no different to the Madoff scam...
The clock is ticking Chaya... you will go to jail.
why are you posting this content on the SMME board? SMME has no skin in this game. They do not produce or sell any cards or tech software to address cyber crime or credit card fraud. SMME are in fact one of the worlds most fraudulent companies, run by dishonest incompetent fools.
The only thing achieved by SMME over the past 15 years is the production of mindless press releases highlighting credit card fraud statistics. They are nothing more than a reporting company. At no point has SMME ever produced a card-based solution to the problem.
Further to Pottsville post, I have added some LOGICAL ADDITIONS Quote:
I'm so excited at the news of the forthcoming 2016 Money 22/20....( YES, IT IS A REPEAT OF THE SAME NEWS WE PUBLISHED 5 TIMES IN THE PAST 3 YEARS)
'Because we are now in talks with very serious major card issuers ( "VERY SERIOUS" IS OUR BEST USE OF BIG WORDS)and their marketing departments it was concluded that it would not be appropriate at this point in time to be running our own independent product launch.( EVEN THOUGH WE WILL, ANYWAY ) Again it is a question of who OUR customers are.( WE DONT KNOW WHO THEY ARE, BECAUSE THEY DONT EXIST) At this point our customers are the Banks ( ANY BANK, BIG OR SMALL..PRETTY PLEASE). We do not want to do anything at this stage that will pre-empt or upset the marketing plans of these gigantic institutions. ( YES, ANOTHER BIG WORD - GIGANTIC . AND THEY HAVE THEIR OWN MARKETING PLANS. GOLLY GOSH)
We do not need to run a media release to get noticed by the Banks.( BUT WE DO SEND OUT STUPID PRESS RELEASES EVERY DAY) We are noticed and we are now in the enviable position of having to decide who in different parts of the world we will launch with. ( WITH SO MUCH CHOICE, HOPEFULLY THE SEC WILL LEAVE US ALONE)
Everyone we are talking with wants to be the first to release our card to the public.( EVERYONE= MY NEIGHBOUR AND THE CAB DRIVER WHO TOOK ME TO WORK THIS MORNING. NO-ONE ELSE WILL LISTEN TO ME) Given this level of motivation and the tremendous leverage it is giving us we do not want to do any the that undercuts this. ( SO WE WILL NOT BE RELEASING A CARD FOR AT LEAST ANOTHER 10 YEARS , SO WE CAN KEEP THE PUBLIC AND INVESTORS GUESSING. CLEVER CHAYA !!)
A couple of weeks ago it was necessary for us to plan on doing our media product release to get noticed by the people that matter within the banks.( PEOPLE THAT MATTER IN BANKS.. BACK TO PRE-SCHOOL LANGUAGE) Because of what has happened for us over the 4 days at Money 20/20 ( THREATS OF BEING ARRESTED?) we have now moved to not needing to be noticed but now deciding who will be the best to work with for us strategically.' ( SO WE CHOOSE NO-ONE)
So in this forthcoming event we will now have a whole new bunch of 'very serious major card issuers'....how exciting will that be ( SO EXCITING, I MIGHT BE ABLE TO RAISE A FEW MORE MILLIONS FROM DUMB INVESTORS AND SPEND IT ON VACATIONS). Added to those from last years event and the recent launch our CEO made before we know she'll be working 24/7 following up on all those leads....oh sorry 'deciding who will be best to work with'...
yes, this scam is in its final death throes. The dishonest, incompetant CEO and her lying sidekick have extruded every cent they can from gullible investors, and still have no product to show after 20 years of "development and testing".
Shame, Chaya and Melbourne dude, Shame. Only a lengthy Jail sentence and SEC intervention will give some degree of comfort to the many scammed investors.
who writes that nonsense? but more importantly, who would believe those lies? SMME has been announcing the release of its fully completed card every year for the past 10 years. They continually tell us they have a card ready for testing, completed testing, on its way to banks, on display at conferences , etc etc etc blah blah blah...
All lies.
None of their announcements have ever proven to be true, and their claims and products have never been verified by an independent person.
It is a shameful scam, and we have all been dudded by one of histories most celebrated fraudsters.. Happy holidays y'all..
The issue here is : that dishonest, lying scumbag in Melbourne has to sell shares at a discount to market. So Chaya spends a few $$ each day propping up the share price. That way, uninformed dumb investors think they are getting a good deal. Sadly, this is nothing more than a ponzi scheme designed to enrich Chaya and give herself a lovely retirement in an extradition-protected country .
That is a very accurate assessment. I dont believe Chaya ever wanted to sell anything. Her plan all along was to fleece dumb investors of cash as quickly as possible. She successfully loaded the company with shareholder funds and then paid herself outrageous $$$$ for doing nothing more than producing daily press announcements about global fraud and the future plans of SMME.. Sadly, the future plans of SMME have continued for 20 years, and no-one has been smart enough to understand the underlying scam. Bring on the SEC and FBI.. she is heading for prison soon.
I wonder if she puts up her own shares for sale and then buys them herself. She has millions of shares to play with at zero cost to herself. Curiously, any time I have offered shares, there are no buyers. And please dont refer to SMME as a company. Ponzi scheme, scam, slush fund, illegal operation or fraudster would be more appropriate.
That video is 3 years old and the card did not work back then. There is still no evidence that it works now. No bank or company bought it then, and there are still no sales now. We've been dudded.
The good news for investors is that the fraudsters behind this scam have put their photos on the Investor Hub website. That will speed up the arrests when the FBI and SEC finally act and throw these scumbags in jail. I suspect CHAYA will be more difficult to find as she will no doubt be hiding in some luxurious resort in a non-extradition country.. but over time, all scumbags get caught... we can only pray.
IF you want to see online fraud in action - look no further than SMME. It has been clear for many years that SMME is not a real company. It has no product to show for millions of $$ spent and the only winner has been CHAYA who lives in luxury and laughs at investors' gullibility. Fueled by a dishonest salesman in Melbourne and a daily collection of misleading and fraudulent press releases, the illusion of progress is all part of the scam...
We only have our personal greed and stupidity to blame for our losses.
And yet every day , we see really stupid dishonest and blatantly false media releases telling the world how good SMME is. Its curious how we never get press releases showing a completed card, or a sales contract, or independent proof that their piece-of-plastic actually works. Obviously SMME would LOVE to publish those results, but they cant because they dont exist. Pump-and-Dump at work from one of corporate Australia's most talentless long term failures.
If there was ever any doubt that this "company" was nothing but a ponzy scheme set up to enrich Chaya, then the recent filing confirms it. Nothing has ever made sense from a technical or business perspective. The only thing that ever made sense was that Chaya gets rich of the back off dumb-ass investors. Case closed. Time for the SEC to intervene.
SMME love to publish daily statistics summarising global credit card turnover and potential fraud.
Here's a few more statistics that are relevant.
SMME share price: $0.03c. SMME Daily turnover : nil. Number of independent verified sightings of an SMME credit card: Nil. Number of sales of SMME credit cards : Nil. Proof that the SMME card works in any ATM terminal : None . Total return to investors from SMME share ownership over the past 10 years : -98%.
If you want to find the source of an obvious global fraud, you don't have to look very hard.
So in the VERY UNLIKELY event they ever find a buyer for their dud card, CHAYA stands to personally collect all revenues for many many years. She has awarded herself millions of $ in back pay, plus awarded herself millions of shares via options. Investors are unlikely to see 1c in return for their poorly invested $$$.
Lets not forget she also holds the patents, so she can extract a royalty from SMME, despite the research being funded by investors in the name of SMME. Thats a clear case of IP theft, but since she owns the board and all the shares, there is no-one capable of lodging a complaint.
This has been a brilliantly executed strategy by Chaya to fleece investors and enrich herself.
It will be impossible for any investor to make money from these shares because Chaya has awarded herself millions of shares and trillions of share options. Any tiny bounce will undoubtedly see her dump stock to any investor who fails to do their correct due diligence.
It is clear to all long term investors that this whole set-up is nothing more than an elaborate get-rich-slow scheme for the benefit of Chaya. Just do some basic maths around possible earnings and possible sale price / card. If a college student ran the maths on this scam, it would not be used in an example for Business Finance 1.01, it would more likely be sent to the Law department for Corporate fraud 1.01.
hi duke, obviously the spanish article is just another paid advertisement from SMME , in an attempt to gain publicity for their card that doesnt work. Anything written by SMME has proven to be fake over the past 15 years. The only remaining question is whether CHAYA intentionally ripped off all the investors, or is she just a complete moron, operating in a fog of illusion?
I really hope you are right. You have consistently supported them, despite their obvious lies, deceit and incompetence. As a ripped-off investor, I still hold out hope..
your article should be of great concern to SMME investors. The independent article confirms ZWIPE is up and running with a working biometric card.
The only reference to SMME is a repeat of the SMME-written excuse about transporting batteries.
SMME have still not found a buyer, but ZWIPE is now meeting demand.
Publishing excuses is not proof that a SMME working card exists..
This was just another excuse within 15 years of excuses. The share price reflects the market interest in this latest story.( zilch) . No doubt SMME will find another excuse to explain why no-one wants to buy their dud card. If the card did work, banks would buy it. Simple.
The fact that no orders have been lodged is confirmation the card does not work.
Generating new excuses is Chaya's way of maintaining hope in gullible investors, which in turn keeps her fabulously wealthy and investors poor.
What news? The REDSYS announcement proved to be a total lie, as there is no mention of SMME on the REDSYS website. SMME makes a lot of fake news, and investors are well aware of the 15 years of scandalous lies. The massive share selling going through daily is indicative of the last dumping of stock before the company finally disappears into oblivion. For investors, our only hope is that the highly dishonest and incompetent CEO gets prison time from the SEC.