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SmartMetric Inc (OTCMKTS:SMME) Stock Continues to Move Higher

Pete Matthews , , , ,

SmartMetric Inc (OTCMKTS:SMME) has been working on a number of innovative products in recent times and yesterday it made an announcement with regards to another one. The company announced yesterday that it had been successful in completing the electronic assembly of its latest biometric card.

Trading Data

On Monday, SMME stock rose 0.84% to $0.0012 with more than 7.61 million shares, compared to its average volume of 6.58 million shares. The stock moved within a range of $0.0011 – 0.0012 after opening trade at $0.0011.

SmartMetric Advises It Has Completed Electronic Assembly of Its New Biometric Card

The company announced that the card was being shipped to its engineering center so that the software, fingerprint sensing software, operating system and the advanced power management software could all be installed. SmartMetric decided to separate the software installation from its electronic assembly process so that its highly valuable and specialized software could be protected.

After the entire process is completed SmartMetric would present its biometric card to one of the biggest credit card payment networks in the world for the final phase of testing. Once the testing is completed, the card could then be approved to be used on the aforementioned network on a global level.

In addition to that, following the completion of the testing process the company would also make its card available to some of the banks which have expressed an interest in the card. It could be a good idea for investors to keep an eye on the SmartMetric stock this week.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.