Replies to post #4006 on SmartMetric Inc (SMME)

[Latenightmike57]

ARTICLE SAYS SMME A JOKE !!
Good article .. Read the whole thing

From posted Article ;

Though the concerns for anyone who would consider putting their money behind SMME.OB are exceptionally high


It is easy to be incredulous toward a claim that the industry behemoths lack proper licensing, particularly when EMV is named for them. A concern for me involves any patent that Visa or MasterCard somehow has not disclosed !!


Also, only one patent is being asserted and there are many potentially successful defenses against it. A demonstrated ability to work around any finding(s) could free the MasterCard and Visa from their responsibility to pay a royalty.

When such a corporation's equity trades over-the-counter, added concern is indicated because financial standards are typically lacking and the business tends to be unproven.

A 2006 decision makes it more challenging for an entity that does not practice use of its technology to prevent the sale of another company's item that is found in violation of a patent. Relevantly, SmartMetric informs that "Visa argued to the court in their last filling that yes they viewed [us] as a competitor." Yet, an injunction is probably of little concern, and might be stayed pending years of appeals. Also, the defendant(s) can contersue .

DO YOUR OWN DD !!

[onetrackmind]

HIGHLY POSITIVE ARTICLE IN FAVOUR OF SMME

A very informative article thanks ranger. I'd say the writing is all but on the wall; Astonishing Returns for SMME if favourable ruling is retuned.

And the big defence cited by the article is the potential of an undisclosed patient owned by Visa or MC, me thinks that this would have already been disclosed by them if they had such a patient, saving them several million in legal fees and 3 years in court already, in other words, they don't have one.

All you watchers out there, last chance to get in at a steal.

I continue to accumulate shares because I have done my DD!

[mrnutsandbolts]

Great find, Professor!!