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Re: pottsville post# 19844

Friday, 02/09/2024 11:21:00 AM

Friday, February 09, 2024 11:21:00 AM

Post# of 20108
Yes we have, many times. Hope and disappointment has been a common experience for those of us who have long been investors in SMME.

It appears to me, after many years of being an investor in SMME and following the comments here, that the idea of the SMME card being a scam derives from the disappointment of many early investors. Reward for our investment we believed was close by. Not so.

It also appears to be that the idea of the SMME card being a scam is also fed by the misunderstanding of The Card's progress announced in the Press Releases. Some posters here believe false or misleading statements are allowed to be posted in a Press Release. That is completely false as well as being illegal. Information announced, either in a PR or SEC/governmental document MUST be true and accurate.

There also appears to be constant reference to the lack of a prototype of The Card as stated in past SEC/governmental documents. The lack of a prototype--understood to be the lack of a completed card--is NOT inconsistent with the piecemeal testing of The Card's components announced in the PRs. In addition, since the last SEC/governmental document such integration of the parts and their testing as a unit seems to have taken place since there is announced the laminating of The Card now taking place.

Though disappointing but not totally a surprise, the major network companies, as announced in the recent PR, seem unlikely anytime soon to adopt the SMME CARD. As with the major network companies adoption of the EMV chip, they will need to be forced into it's use.

The above are my thoughts...let the comments begin. LOL










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