Not sure what "releasing the card" actually means. Most of you have given this CEO WAY TOO much credit. I also have to believe that anyone involved in this company, including its IR firms is part of this cloak and dagger mystery. Its not a mystery to me, I looked at all of the filings, Press Releases and researched its "patents" - NOT biometric patents because they don't have any at ANY level.
This company had raised enough money to execute its plan, had they actually known what they were doing. IN theory, it sounds great, but things stand out to me - no contracts for manufacturing or investment in tooling, and basically, power management of the card to handle the processing and matching on the card itself in the form factor they claim to have "designed". using a swipe sensor is just plan wrong, they needed to use a capacitive sensor for static placement on the card. Swiping creates a whole bunch of other problems for consumers.
But there are so many ethical questions that need to be answered before this even gets out of the gate. Guess everyone here is willing to give CHAYA a free pass. Lets see how you feel in 3 days.
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