The Smartmetric 10 Year Cycle Make predictions of near term commercialization, raise money, find an excuse for failure to deliver, make new promises of bigger things, raise money, find another excuse...…. keep this cycle going and going and going until you find another story to sell, raise money ……. In the meantime share price falls from $1.50 to 1 cent, the CEO has 5 million Series B shares, backpay owing, 51% voting rights and total control of the company
We all make choices. For some the wait to capitalize on their investment here may have run its course. Loss of faith in the CEO and product is a probable factor. If however, the time to market the card is close it is foolish to get out now at around 1 cent. For those continuing to wait for the product to come to market will bring a reward for their patience. Frankly, it would be nice to have had that happen years ago...but with the existence of a card as described in PRs, I believe, as do others, it will happen. So wait and hold we do.... As others bale out in frustration and disappointment.
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