Thursday, December 06, 2012 4:18:32 PM
1. As I understand the most recent 10K, the licensing agreement for the fingerprint credit cards/readers technologies, between SmartMetric and C. Hendrick expired years ago. THIS SHOULD BE RENEWED.
Isn't it true that C. Hendrick is selling SMME stock to fund both the development in the credit cards/readers, and the lawsuit against the credit card companies? So, SMME has to have a legal basis to enforce its rights to license the technologies it has been paying to develop.
It's CEO Hendrick's responsiblity to protect SMME's interests.
2. I am curious how SMME can pursue its lawsuit when the licensing agreement between C Hendrick and SmartMetric expired?
3. Now that SMME has a product to sell, it's time for CEO Hendrick to Hire a management team. Especially a VP marketing/Sales, and sales managers for N. America, South America, Europe, and Asia.
The device for storaging medical records, and the fingerprint credit cards and readers are new. It will take a determined effort to introduce and sell those products.
Customer Service will have to be created to solve problems.
Finance department.
It's time for CEO Hendrick to let SmartMetric grow beyond being a One employee business.
Please advise if I am overlooking anything in my suggestions.
Regards.
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