SmartMetric Inc (SMME): There are a few variables in this litiga...

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Re: Corry post# 2928

Sunday, 06/16/2013 10:20:30 AM

Sunday, June 16, 2013 10:20:30 AM

There are a few variables in this litigation. One we often forget to mention is the INJUNCTION against V/MC from using the patent.

So, though the judge or jury may award SMME with monetary compensatioin, they can also award SMME with the injunction they seek which would STOP V/MC from using the very system which runs their business, vertually shutting them down. IF that happens, $13.4 billion would not be far behind. They would not drag this out for a day because by the time they file their appeal they could lose hundreds of milliions of dollars not to memtion the confidence of their customer base.

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