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Ann: Business Update, page-64

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nihilism

11,400 Posts.

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15/11/16

04:51

Post #: 20616185
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Originally posted by gordongreggy ↑

Guys I have $5k in this at 2.65c and will make money this week......in fact if you recall I was one of the very first to raise blade concerns...and was correct but that was 6 months ago...after looking at racing drones and others IOt products are arguably safer than soooo many already on the market that cant do what eRoam does.

I feel for the guys that may have lost $100k or 50k or 20k or even 10k.....and who line wiped at 10c etc but want revenge but this company is not the same.

I have a 2.2c stop in place and I doubt it will ever be hit.

The products are not bad really compared to others and I just think their market penetration will be Building and Construction, indoor/ outdoor clubs, Military, mining etc with safety gear to handle eRoam easily. Selfies and Children belong away from eRoam but these target markets deal with explosives and other far more dangerous stuff and this is easy and very useful, Most drones are not so useful.

If it it gains an order and it will this will be explode to 10c...so give it time. I think many will want it developed bcause its drink bottle size and portable where other drones require so much tactical gear.

I dont make errors and my track record as PM and trader is exceptional so I know undervaluation. IOT is trading near cash levels and its US and Global Market potential are significant.

In the last month the company has not put a foot wrong. It even got compliance correct on Friday as it had to put out an announcement bc Asia decision came through late Sydney time/Mid Morning China time...it and they put it out "in market" not at 5.00pm.....nothing to hide. Not doing the acquisition stopped dilution and retained cash and hoverboards are hit and miss and some say have brought down aircraft.

Give it 3-6 months you will be selling alot higher ....

I think IOT is on the right track finally after the restructure of management and strategy.

GLTAH. eRome was not built in a day and GoPro /Apple wasnt either and neither the iPhone or Latest GoPro can do what eRoam does.

Good days and weeks ahead. Today is a new T+2 cycle so I expect good buying today to take us back over 3c and toward 5c

If you hate IOT you should just sell it but alotalready have and I think the shares are now in pretty tight hands again and after 3.1c this will get thinly traded. It already is.

Dont be suprised to see a big move to the upside...its overdue.

The US market could be $75-100m p.a which is about 5% of GoPro at US$1.5billion.

Good days and weeks ahead.

GG

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The argument that "I wasn't a holder and thought this, now I am a holder and it doesn't matter anymore" isn't really a good argument GG... In fact it's probably the worst.

IOT Price at posting: 2.5¢ Sentiment: None Disclosure: Not Held
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Ann: Business Update, page-64

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