This announcement is a clear demonstration of IOT's Poor communication to its retail holders. Scoring the FA announcements on a relative scale of importance/revenue, this stock is still in a downward trend mirroring the TA charts.
This is a small overpaid management group keeping their heads above water - hoping to land a whale and move on from what really has been some piss poor management decisions.
IOT Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held