SmartMetric Inc (SMME)

[mrnutsandbolts]

Perhaps it is the Markman hearing. What I know, without being too literal with the language, is that Smartmetric was pleased with MOST of the Markman hearing, but not all. So they appealled. The March 5th hearing before a panel of 3 Appeallete justiceses was regarding the part of the Markman hearing Smartmetric was not pleased with.
The tenor of that March 5th meeting, open to the public, from some who were there, believe it was VERY favorable to smartmetric.
The next step, after this ruling comes forth, is for Smartmetric to go to trial on patent infringment OR to reach an out of court settlement with all or some of the credit card companies.
Remember, the Markman hearing did say that many of the cards now in use DID infringe in the patent...just not all. I believe the president of Smartmetric came out with a letter and guessimated that over 50% of the cards in use did qualify as infringing on the patent.