Topic: Virtual card mode with touchatag

I read about virtual card mode in NXP papers and I wonder is it possible to emulate mifare card using this mode and touchatag reader. Touchatag reader has pn532 chip and SAM slot.
According to this document¹ in virtual mode the couple PN532+SAM is seen as only one contactless SAM card from the external world. I suppose that SAM card can be replaced with SMX card. According to the second document² once configured in virtual card mode, the PN532 only acts a bridge between SMX and the external reader. Depending on the first command, after initialisation, sent by the reader, the PN532+SMX will act as a Mifare card or as a T=CL card.
I hope you get my idea.

[2] … e_v1.2.pdf