Mate the development of the elements of the card described in the PRs and 10-k are real and true. Were they not the SEC would shut SMME down and prosecute Chaya for fraud
The hope of believing investors is that sometime those elements will be combined in a useable credit/debit card and begin a marketing campaign for its sale.
The belief of some of those who scream There is No Card seems to be a misrepresentation on Chaya's part of the Card's progress.