SmartMetric Inc (SMME)

[ranger2118]

T9

At this stage , the CC companies do not appear to have the intention to settle. Maybe their move to flood Patrick Bright with documents can be seen as a tactics to unsettle Smartmetric and to open up talks to accept some kind of settlement before trial, I don t know to be honest.
I wish for a settlement but to bet on it would not be wise and I imagine that that is the stance Chaya takes. She just has to get on with her business and produce key rings and biometric cards to make this a revenue company.
As became apparent in the conf call, selling 1 mio keyrings per year could lift the market cap of this company to a multiple of where it is today.

I realise that the first keyring still has to be produced and sold but I do think that a successful cap raising will most likely make this happen in the not to distant future.

R.