SmartMetric Inc (SMME)

[StockMedic1]

And don't get me wrong, I would love to see this company do well, as I am invested in several biometric companies, and have been for over 12 years, so I actually do know something about this market, from home security, POS and health care. I just don't see without a major adopter like MC, AMEX or VISA, this is going to go anywhere, and there have been other companies who developed the same types of cards years ago (biometric payment cards), that failed that route. Just take a look at the Smart Card route, Burger King was one of the earliest adopters in the US, and it was basically relegated to a rewards card until AMEX picked it up (after 10 years) and is using it more for marketing purposes than secure transactions. When Apple bought Authentec, it was game over for these types of cards, and as the younger generation gets older, even plastic credit cards themselves will fade away.

Yea, this is innovative, but the resources and the direction need to change IMHO.