Where is the required disclosures for contract manufacturing because SMME had not put our any required disclosures about acquiring tooling, renting or leasing a manufacturing plant or equipment (there would be a required disclosure regarding any such financing), nor has it disclosed any raw materials as inventory (capital asset) to produce the cards..........its really simple. Just disclose it to demonstrate to shareholders actual progress towards production.
The press release sounds great, and if true, there is a contract manufacturing agreement that forms the basis of the press release. Thats required to be disclosed as a "material event".
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