Monday, February 18, 2013 1:09:55 AM
Re: None
Post # 2366 of 2958
Smartmetric, Inc (SMME) GREETINGS ALL SMME's.As this is my first post I should introduce m'self as Fresher but Shiner it will have to be. A long, long-term holder of too many SMME I have been following you all for a couple of years and very disappointed by Chaya feel its time to throw in my dime's worth. This is not to say that anything profound will emerge but I have been dealing with this impossible outfit for a long time and have come (slowly) to realize a thing or two.
My first "realization" is that this is a "goner" outfit. You know, "I'm goner do this and I'm "goner" do that. Trouble is the "goner offerings" almost never happen, certainly never when even a rough date is
included. Example "We are planning to manufacture and release our mass produced cards during the first quarter of 2013". Those who read the latest Financial Statement of 14th Feb. will have found that that release is now "second quarter 2013". Thats when we are "goner" see it. Oh yeah ?
Cynical? You betcha. You see I'm one of the NinePlus-Years-Believers who paid the big bucks way back when shares were $1.50 to a buck a pop. What do they say, " a fool and his money..... " Yet if I'm so disappointed with Chaya and her outfit why don't I take my losses and simply sell out, as so many have done ? Truth is, I'm fascinated, (like the rabbit in the headlights), I WANT to believe and hang in because it would cost so much to sell out. The question begging is whether the stockholders can or will do anything about it. IT HAS TO STOP; BUT HOW ? Any ideas ?
The fact is we are all minority shareholders and have been actively discouraged from attending the now non-existent AGM because, whatever we might say, it is utterly futile to try in a company where the majority stockholder can out-vote the balance of all the stockholders. In short she doesn't care because she doesn't have to. (I do wonder,tho what Elizabeth thinks.) What fools us! Chaya just keeps
saying one thing and doing another and taking a salary while she does it. You all know what its done to the market.
Look too at the website: all those flashy addresses and pictures of cards; has anyone actually seen one
of the cards ? And what's all this nonsense about a "Key Ring" ? If ever there was anything to destroy
market confidence in a magical card, (surely the main game), its this side dish of a key ring !
Yes, fellow believers, I can hear you: "its Shiner's rant that will whack a market, not the lovely Chaya. Maybe. But as a marketer she sure makes a great inventor.
Fortunately, thats all for now. I look forward to any responses and no I'm not a Shorter.
Shiner , I'm curious why the 180 on your part
AI
