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Re: DCorleone post# 9879

Friday, 08/05/2016 10:32:45 AM

Friday, August 05, 2016 10:32:45 AM

Post# of 20109
What is your experience in building a business from the ground up to allow you to tell anyone what belongs in a employment contract? It is my understanding that contracts are negotiated between the parties. If Chaya was able to do such a "unreasonable" thing it only SPEAKS TO HER FINE ABILITY TO NEGOTIATE really good contracts. THAT would be a good thing for this company.

YOU constantly bring up the time SMME has been in existence. How long do you think such a product should take to be developed? I believe the idea may have been in the minds of some well before that. Seems to me no one has done it in 70 years or longer. So 14 or even 16 years doesn't seem to be so bad to develop The Card. AND I said this before but it bears repeating...Some 4 or so years ago a multibillion dollar company announced a $1BILLION investment (Samsung I believe) to accomplish what SmartMetic has done with less money.

As for execution: The Card is in the pipeline. It is out of the hands of all but the network evaluating it. And I must say it is truly REFRESHING to have you make a non-negative comment: "CEO IS CORRECT, DEALING WITH PROCESSORS TAKES TIME..." Can't say it's positive, but it is the closest I remember you coming to a positive comment. :)

Finally, It is ONLY reasonable to expect many forms of usage of a product. Numerous articles have been written about the disadvantages of Cell Phone use for payments. As well as eye recognition and other forms of biometrics. The Card will not be used by all....But it will be used by many. And the patents alone ought to be worth Billions in their own right....
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