SmartMetric Inc (SMME)

[StockMedic1]

I have read as many K's filed by this company as I could. I am pretty good at reading detailed documents and can't find where the value is in this company. It has worthless IP, is allegedly developing biometric integrated products (without the proper licenses from the companies that actually hold patents on them) that it incessantly hypes, it puts out PR's that basically is business plan info 101 and doesn't actually say much, has no sales, not for years, has a secretive CEO that appears to be withholding a lot of information that the investing public needs, and is sustaining a very artificial market value of $25M, again, on nothing but air.

The keychain technology is light years ago, and in fact, I know the US company that holds the patent on a USB thumb drive for medical records, and its a broad patent.

And so you know, I became interested in this company, and invested several thousand dollars, because I see where this card, if it really exists, can be useful. I know a CEO of another public company who can monetize this card in a different marketplace and industry, but I understand now, that my CEO friend is now negotiating with the actual patent holders of this technology, and I know she will cut a deal with them, like she has been doing for years.

If the card SMME claims it has does in fact exist, then you shareholders have a lot of work cut out in front of you in moving your CEO. Good luck.