SmartMetric Inc (SMME)

[StockMedic1]

Hmmmm, "Transferring Manufacturing"......what exactly does THAT mean? Some more broken english or misnomers. Actually, when you set up lines with a NEW manufacturer, you sign a NEW contract with a NEW entity who will develop manufacturing protocols in order to be ISO and other certification compliant. They would expect a minimum commitment in order to undertake fabrication of the molds ($$$$$), design electronic component test plans ($$$$$), run a few thousand test products (more $$$$$$$), etc......... I would think that the "cat" is already out of the bag on this one, especially since the failed lawsuit. Transferring manufacturing......I guess CHAYA is trying to sound "official".

Are you guys that foolish to believe there is no requirement to disclose this within 3 days of executing agreements for something like that? Thats not a trade secret, its information REQUIRED BY THE SEC to inform investors of FINANCIAL COMMITMENTS that company obligates itself to. What a freakin' circus this is. The financial commitment for a project that uses a contract manufacturer to "mass produce' is at vey least, a multi-million dollar commitment REQUIRING and 8K to be filed within 3 days...........that is.......unless......there really isn't any agreements. At least that would explain the apparent failure to comply with disclosure requirements.