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Alias Born | 04/23/2012 |
Tuesday, July 23, 2013 8:40:38 PM
I'm not able to answer your questions but only add to the uncertainty of the current share price.
Casey Trader stated in their post #3362 that the release of products in August is likely factored into the current share price.I'm paraphrasing what was said.
If so then the current price of 30 cents isn't encouraging or at least that's my take.
Furthermore in a PR out today Smme has announced that their Biometric card shall be released in the last quarter of 2013.
This is fantastic news and yet the market prices us down.
I completely understand that in order for the share price to increase the market needs to see revenues however I would have considered based on intended product release of not one but two products plus the prospects of legal decision in our favor that the price would be siting higher than 30 cents.
For some time now many people have written talking up Smme's share price only to see it amount to little.
I don't agree with much of what LNM has to say however I constantly ask myself the same question over and over again.
Upon release of any positive legal news and actual product release will the share price rise? I hope so!
LMU
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