Replies to post #9166 on SmartMetric Inc (SMME)

[DCorleone]

FROM SMME 10/2014 10-K. Appears to me the 6-9 months has been up a few times over? Past history of SMME is great road map to future.IMO

SmartMetric has completed development of its card. It will manufacture the card under contract with an existing card manufacturer based in Asia. The estimated current card production capacity of the contract card manufacturer is 250,000 cards per week with ability to upscale this production capacity. We expect that card production will commence within 90 days following the closing of the current institutional round of funding being done to fund mass production. The biometric card product, due to exposure in specialty trade publications and numerous press releases, is receiving much interest in the private sector. The company has also commenced a marketing program in Europe with a sales office based in London engaged in presenting the biometric EMV card solution to banks in the United Kingdom and throughout Europe. The company plans on moving forward with marketing to Banks and card issuing institutions in Europe, Asia and South America over the next 12 to 18 months after which and following the adoption of chip cards in the United States the company will then focus marketing to Banks and card issuing companies in the USA.