SmartMetric Inc (SMME): Joker, as bad as things are here, I have...

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Re: The Joker1143 post# 8123

Monday, 11/02/2015 5:57:23 PM

Monday, November 02, 2015 5:57:23 PM

Joker, as bad as things are here, I have to agree with CHAYA. You need to do what you can with what you have, and she only has stock left. The problem is there is nothing disclosed to quantify who and where the stock is going to. If it was for a downpayment on manufacturing, thats good. If its going to corrupt IR firms, not good. If it was to secure electronic component supplies, thats good, if its going to be liquidated off market and pocketed, not good. Lot of businesses use stock based consideration, the question is again, for what and to whom. Thats required to be disclosed.

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