Replies to post #4907 on SmartMetric Inc (SMME)

[Bale out]

LMU,

It explains why we have had no product to this point. The sensor did not work.
The quote - "with a new and superior sensor" hopefully means we have the product right now for production, sales, contracts and major distribution. I believe the CEO stated SMME are now outsourcing the production so I take it they raised the required capital.
I do have fears it is still a one woman band and the required people are not in place to expedite or assist in the marketing.
There seems to be a holding of the PPS at the moment whilst investors play a wait and see game.
The potential in the stock once a definitive product can be displayed/promoted is where we are all at.
If one product or one court ruling turns in our favour, the stock price is almost indeterminable in relation to the current price.
The stock needs institutional investors and traders and they won't come without some concrete evidence of potential.

[Bo_Donkey]

I think, based on the press release, that the sensor had to be replaced because some of the original parts are no longer being manufactured. "Overcoming hurdles including the recent discontinued supply of its silicon based fingerprint sensor. " Slightly worrying when you are using off the shelf technology without promise of enough orders to keep the manufacturer producing! However, to use a dirty word, I'm hoping for some decent movement going forward! GLTA!