SmartMetric Inc (SMME)

[flaflyersfan]

The Joker1143, not only is the line that SMME states that it may be a long time until revenues are acheieved; these 2 are more concerning;

We entered into a royalty and licensing agreement with Chaya Hendrick, our CEO, which requires substantial payments by us on an annual basis and additionally in the event gross revenues are derived, which could harm our financial position.

As of June 30, 2018, we owe Chaya Hendrick, our CEO, $663,348 in deferred salary, of which the failure to pay could result in Chaya Hendrick’s termination of employment, the result of which would materially harm our business.
 

Will she take her Patents and leave SMME with nothing?

Good luck.