SmartMetric Inc (SMME): Just the facts... August 8 is when th...

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Re: ikearch post# 5115

Tuesday, 07/29/2014 10:01:58 PM

Tuesday, July 29, 2014 10:01:58 PM

Just the facts...

August 8 is when the parties go before the court and give verbal testimony for their position. It could be 1-3 weeks after August 8 before the court gives its verdict.

I estimate every $1billion awarded in damages will equate to $2 1/2 per share in price:

$1,000,000,000 awarded
400,000,000 lawyer fees

600,000,000 SMME share

250,000,000 approx. shares outstanding

$2 1/2 per share.

I also believe the $13.4 Billion asked for includes all estimated royalties for the life of the patent.

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