$SMME The Board and Shareholders of SmartMetric recently resolved to increase the authorized shares of the company. It has also resolved to allow for an increase of the size of its board along with allowing for a reverse split of its shares at some future point. All of these changes have been made to facilitate the up-listing of the company onto either NASDAQ or NYSE main boards at some future point. The SmartMetric Board will only advise moving to an up-list only and after a substantial increase in its share price from current levels. At this point in time the company is focused on bringing its biometric credit card product to market in order to move from a development stage company to a revenue earning company.
SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.