At this stage ROAM-e is still in development, to be re-positioned and compete with conventional outdoor quadcopters.
The "At this stage" component of the announcement sounds a little vague IMHO.
This announcement came before drones like the DJI Spark was announced, which has a lot more features than the Roam-e had/has.
For the company to bring the Roam-e to life will require a lot of ROVA's and Airselfie's to be sold. The market is moving so fast I'm not sure that IOT has the ability to be in the race.
"Over the last 6 months IOT has sought to put in place a business model and practices consistent with its move from being a “tech innovator” to being a “profit focused” company."
So sounds likely they are purely a seller of tech.
Your very close to those at IOT Brass, do you believe the Roam-e will be seen at Harvey Norman?
Cheers
IOT Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held