SmartMetric Inc (SMME)

[PoorP-S]

Questions about using this MC card

1. does each user have to register the card with some registry before using it on the platform?
If so, does that leave open doors to fraudulent attack? Ours does not. Ours is already known/sorted by the banks and Networks upon issue to each consumer.
2. does this card have a battery? If it does then 'chapeau' MC. If it doesn't, how will it operate long term? Apparently ours does have a long-life battery...5 yrs is it?.
3. does the user have to maintain pressure with the card's fingerprint reader while the card is inserted into the POS machine? If so, I suggest this will lead to a break in contact on many occasions and the user will need to start again. If not, again well done MC.
4. MC indicates that it will be at least late 2017 before the card is anywhere near finished with testing - right? Apparently our CEO has said several times that we are likely to be at market by mid 2017 (per the teleconference many weeks ago, having completed a limited mass production run and final testing with one of the Networks). If this is correct then 'chapeau' to smme.
5. regardless of whether or not MC has a working card in this genre, is it not all very good advertising (free for smme) in our favour? The world is hearing of this technology and capability and will be even more open to it when it happens...?
6. even if MC take a similar product to market (and I doubt it is similar), is there not a market share for two? Seriously, work the numbers. How many cards at $50 does it take for a significant revenue to be banked?