SmartMetric Inc (SMME)

[StockMedic1]

Because POS biometrics (I'm into biometrics - I couldn't care less about payment systems) can only be implemented 1 of 3 ways. A major card issuer (and ONLY MC, VISA and AMEX), a major POS Terminal manufacturer, or a Major bank such as BofA, Citi, etc... It cannot - and I will repeat that, CAN NOT be done through a pilot at a local small bank, cannot be done even with DISCOVER CARD and certainly cannot be done without POS terminal manufacturer approval - because even though the card (if it exists) may work with its equipment, they will NOT ALLOW its use because they would run the risk of losing MC and VISA as clients. Thats just how THAT industry works and thats why I don't care about that industry. There are better uses for the technology that cost less to enter a different market.

This is nothing but a slap together business, promulgated by a wannabe in this particular fields, that appears to have pulled the wool over a lot of peoples eyes. But that my opinion, and I could be wrong.