Forecasting revenue of 25mil in 2017 was a turning point in my opinion. It was another wildly exaggerated overly optimistic projection that investors will not forgive. Imagine being in Q4 trying to raise revenue,- when investors look back over the achievements of past 12 to 18 months.
Even with exceptional sales results from today on wards 25m is a pipe dream IMO. The selfie drone space is quickly filling with good products and prices will be driven down to compete.
IOT Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held