SmartMetric Inc (SMME)

[ranger2118]

Thanks LMU. Good to see your contribution again after a long absence.

Re short position. I do not believe that there are forces at work to manipulate the share price. That is way to far fetched . Short position are regularly reported and SMME's short position is tiny
( http://www.otcmarkets.com/stock/SMME/short-sales )

I don t have a strong view on the legal issue. I just look at where the share price trades and what volumes are traded. It tells me that there is not much faith in a good outcome for SMME. If there was a strong case, the market would be, like a rash, all over this stock.

My worry with their product is that they have not been able to get the medical keyring right so I question how they can get a far more complex product right that has to fit inside a credit card.

Reading through all the news releases, I bet all intentions are good but I think that after 10 years and many millions of dollars, it is about time that the company starts to deliver.

If the company can't deliver before a ruling by the Appeals Court , it is my view that we might find ourselves in a very precarious position.

I continue to hold but with far less conviction than a year ago.

I have filed my Smartmetric position into my Dusty Springfield folder ( Wishin' and Hopin' ).

R.