SmartMetric Inc (SMME)

[bilboo]

An interesting overlooked detail that has a myriad of nuances.CBS ran a news segment sying that less half of the cards with the chip cards in the USA have gotten to consumers. Associated Press said it was only one in ten. Card readers were terribly in short supply. That is bad enough but AP said that the cards in America were not chip and pin like Europe but only chip and signature. Way less fraud protection. Plus remember that only the two companies have chips not the other two known cards. They are not part of the EMV network. The smaller banks probably won't even roll our chip cards till 2016. According to the AP article it was a money issue.
Duke should have more insights to this. In this post I am not even going to talk about the banking implications yet. I have been watching this for over a year It does give us a huge potential for a large corporation I won't name here. Bilboo out