SmartMetric Inc (SMME)

[mrnutsandbolts]

I've been in SMME for about 3 years. I've rode it up and paid $.75/share and down and paid as low as $.15/share. Wonder what the price was 7 years ago???

The product is a winner. But with the product, as I mentioned, will be competition. And for now, Samsung and others have deeper pockets than SMME.

The lawsuit will certainly allow SMME the necessary funds to put this aray of products out into the market. I believe that is one reason it has taken so long to get it out there. Why borrow funds when you can use the money from the lawsuit. Ms. Hendrick has always believed, and now proved correct, that the patent was valid and valuable. 2013, will show just how valuable it is. For me the lawsuit has always been the catalist for buying. I believe we are talking $6-$10/share of funds going to SMME. Remember, the patent was issued in 2004. That's 9 years of infringment at BILLIONS of transactions per year. In addition I would not be surprised if there are talks, even now, of a pre-trial settlement or a buyout after the lawsuit is settled.

I believe, as I have said, that once the suit is finished the funds will allow SMME to take to market the products of the company OR possibly be bought out by someone. With both the lawsuit and products we will all be kicking ourselves for not mortgaging our homes to buy more stock.