SmartMetric Inc (SMME)

[SecurityScientist]

It's been a few weeks since I've been on here. I think it's time to provide some facts.

1. SmartMetric has funded it's research and development by selling equity to investor's. It has not taken in debt that converts at an outrageous discount to the market that always results in a huge dilution for existing shareholders.

2. Some professional fees such as a premier Wall Street law firm have been paid for in shares rather than cash.

3. SmartMetric was invited to speak at the prestigious Smart Card Alliance Payments Forum. The invitation was made with no expectation for SmartMetric to become an exhibitor. No money was asked for SmartMetric to be a presenter.

4. SmartMetric decided after accepting the invitation to also take the opportunity to exhibit in the Forums exhibition hall. All exhibitors paid for their booth space.

5. SmartMetric does not pay for articles in magazines or newspaper's. Many articles have been written about SmartMetric. None have been paid for articles by SmartMetric. This also includes various recent radio interviews which have included Bloomberg radio.

6. The SmartMetric card is made up of a number of components as well as SmartMetric proprietary software. EMV chip and sensor are only a small part of the components that make up the card. A sensor is not a reader. It is only one component that goes into making a functional fingerprint scanner.

I understand SmartMetric is actively involved sakes and marketing efforts with prospective customers around the world. I would expect the reason why the company is being deliberately quite is it is being very careful to not make the mistake of talking about material developments before they are publicly announced. Completion of sales with multi billion dollar corporations is not something that is done with just one meeting. But I'd it were selling a pill box you could expect sales to be done quickly. But SmartMetric isn't selling pill boxes.