Replies to post #4852 on SmartMetric Inc (SMME)

[mrnutsandbolts]

Start up/development companies--ie: SMME--don't have strong looking balance sheets or income statements. Even the IRS recognizes this which is why they allow such companies to write off their expenses for years AFTER they become revenue positive. I guess I also hear in your comment a BIG positive pat-on-the-back for Chaya for her ability to keep the company afloat despite a weak balance!!! Great Leadership!!

AS to your 2nd point...my use of the word "invention" was intended to be understood in the broad sense. She took a good idea and made it better...and better...and better. 11-10 years ago the technology she now uses was not available. Invent; improve...either way it sounds like a winner to me.

Hang, bite, sit on....do what you want with your fingernails...but keep them useful because by Christmas of 2014, I foresee a "party" in the land "Downunder".

[Macrobull]

Glenc- I think it is a simple equation. The company is successful in raising money to fund its production/marketing program or it is not.
Given they are no longer in R & D phase and can demonstrate they are ready to produce, my guess is they will be successful very soon.
At that point, I believe the company will become a very valuable investment for all involved.
Hang in there.