Replies to post #6131 on SmartMetric Inc (SMME)

[Macrobull]

$50,000 cash as per the latest SEC filing... another cash burn of $400,000 in Q4.. love to know the breakdown of the administrative expenses.
Who monitors the spending?
Voting Rights: What level of control over the company does the CEO have?
Is that what scares would be investors?
I am still hoping but this is looking decidedly unsustainable and at present it looks like a company which cannot stand up to scrutiny by professional investors.. otherwise the money would be already there given the company is on the cusp of going into production.... supposedly