Replies to post #11528 on SmartMetric Inc (SMME)

[kr26]

how did you get continuing access to the chat room? I was on it briefly, but was disabled and banned for politely asking why the current set of timelines and promises on the credit card would be any different to the many previous timelines and promises. They did not want to answer that!
It seems that only staff and friends are allowed on that blog to ensure positive comments and no genuine questions or criticism.
When you have the same incompetent CEO performing the roles of marketing and product development and investor relations, you cannot even pretend to look or act like a real company.
We'd get better traction giving out a free SMME credit card with every McHappy Meal...

[kr26]

theres a good reason the " review" was quite different for SMME.. the facts are, they've raised >$24m over 12+ years and not produced anything saleable , ever. They have one senior person running everything from sales to idea generation, and that person has a long history of failure and incompetence. The only reasonable conclusion is that Chaya has enriched herself at the expense of long suffering investors. The company has promised timeline after timeline of announcements..from production line success to actual bank signings ..none of which have ever happened or been delivered. Theres always some excuse justifying the failures at all levels within the organisation, and investors still get tempted with " get rich quick" promises that appeal to human greed.
Ultimately, its hard to classify this start-up as a genuine company. A clever scam to provide funding for Chaya's wild ideas would be a more accurate interpretation, and I believe that was the conclusion of the Tech Analyst.
I say to SMME .. put up or shut up...