they have a lawsuit against mastercard and visa, if they win that lawsuit this could be huge!
plus news just out...look below.
currently .068(1) by .088(1)
11k volume
SmartMetric Announces It Plans to Open Mass Production Facility for Fingerprint Activated Security, Identity and Banking Cards
SmartMetric to Manufacture the World's Smallest Fingerprint Scanner
BAY HARBOUR, FL, Apr 28, 2010 (MARKETWIRE via COMTEX) -- SmartMetric, Inc. (OTCBB: SMME) announced today that the Company will open up its own manufacturing facility to produce its advanced "in card" fingerprint scanning and matching technology. The Company also disclosed that it is in discussions with economic development officials in several alternative locations, all of whom have indicated strong interest in recruiting the Company's operations to their respective communities.
SmartMetric President and CEO Colin Hendrick stated, "The Company is extremely excited to move from Research & Development to commercial manufacturing and production. The planned facilities will utilize the Company's proprietary expertise in sub-micro electronics. Banking cards of the future using the Company's technology will allow consumers to engage in totally secure commercial transactions with no need for vulnerable pin numbers. Instead, a person's fingerprint will activate the user's card. There are vulnerabilities in Banking Security, Health Records, and similar personal privacy issues that will experience new levels of security in the use of the company's products and services." Mr. Hendrick also added, "Since the card stores the user's fingerprint inside the user's card, it is therefore far more secure than any other system that needs to connect to a fingerprint database for identity verification."
About SmartMetric, Inc.
SmartMetric, Inc. has developed a portable biometric identity and transaction card capable of storing a wide variety of personal information while protecting you against identity theft and fraud. It is one of the most advanced portable identity authentication solutions in the world today. The card contains a biometric fingerprint scanner and reader which only you can unlock and is smaller and thinner than a credit card. The SmartMetric card is ideal for a wide range of consumers, including Personal, Government and Corporate.
Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.
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.097 getting hit...volume coming..this one can run hard very thin...and huge lawsuit against mastercard and visa...plus new just out
Posts: 1264 | Registered: Jul 2009
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after this 1 left at .096 its showing 1 at .14 then 1 at .18 and then we nothing left..this could be huge especially if they win there lawsuit against mastercard and visa
Posts: 1264 | Registered: Jul 2009
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10k more of buys..still 1 left though at .096 once he is gone its showing .14...then our run should start Posts: 1264 | Registered: Jul 2009
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Here is the VISA and Mastercard pr...this could be big:
Visa and MasterCard to Respond to the SmartMetric Lawsuit in May 2010
SURFSIDE, FL, Apr 22, 2010 (MARKETWIRE via COMTEX) -- SmartMetric, Inc. (OTCBB: SMME) announced today that both defendants, namely MasterCard Inc. and Visa Inc., have contacted SmartMetric concerning its patent infringement lawsuit. Both defendants have requested time to respond. By agreement responses will be made by both credit card companies in May 2010.
SmartMetric filed on March 15th, 2010 a lawsuit against Visa Inc. and MasterCard Inc., Case No. CV10-1864 alleging patent infringement against the SmartMetric issued U.S. Patent No. 6,792,464.
Mr. Hendrick, the President & CEO of SmartMetric, said that MasterCard alone admits in a press release on its corporate website that it has issued more than 50 million cards that use a technology that SmartMetric claims breaches its patent.
Safe Harbor Statement Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.
As of Sunday, 04-18-2010 23:59, the latest Comtex SmarTrend? Alert, an automated pattern recognition system, indicated an UPTREND on 03-05-2010 for MA @ $236.25.
As of Sunday, 04-18-2010 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated an UPTREND on 02-22-2010 for V @ $87.28.
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SUBJECT CODE: Computers and Software:Internet Computers and Software:Hardware Computers and Software:Networking Financial Services:Personal Finance Computers and Software:Software Financial Services:Commercial and Investment Banking Computers and Software:Peripherals
Posts: 1264 | Registered: Jul 2009
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.095(1) by .096(1) after that 1 its showing .14 on ask...this one could be huge if they win the lawsuit against mastercard and visa...should go up in anticipation of that
Posts: 1264 | Registered: Jul 2009
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mastercard admitted to selling over 50million of the infringed upon cards..and thats just Mastercard not even talking about Visa..potential is GINORMOUS for SMME imo!)lookin for out of court settlement with royalties myself.)
Posts: 1264 | Registered: Jul 2009
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.10 almost gone...hittting hard here...0.12 is next..hod is .11 so this could be the breakout point...0.18 is the big break
Posts: 1264 | Registered: Jul 2009
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some nice orders hitting hod here...2 left at .11 then showing .17!! looking to breeak out here
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0.11 by 0.12 after that .15...new hod...this is HUGE...lawsuits against master card and visa...66% of shares are owned by ceo`s and insiders..very low float..this will be huge and shiould keep moving in anticipation of the law suit news which should be out soon...if they win the lawsuit this will really takeoff imo
Posts: 1264 | Registered: Jul 2009
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Interesting! The OS is only 75 mil and insiders own 50 mil of it! This looks really solid Blueberry
Posts: 77 | Registered: Jan 2010
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.13 getting hit... 1 left then 1 at .15 then 1 at .17 then breakout as nothing is left after that Posts: 1264 | Registered: Jul 2009
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