the main problem is how are IOT going to pay for this and other orders with out asking for a lot more cash .
last 1/4 they spent like 2.2 million .720k of that was advertising and marketing for just the rova . how much is it going to cost this 1/4 for rova and airselfie and others they say there going to bring on .
didnt the last 1/4 also say they had 1.6 million in cash left and remember last 1/4 they raised 850k in a equity raise and got a 900k grant from the government which i cant see them getting again without actually designing there own products
there will be lots of similar announcement i think in the next few months to make good day trades but i would still avoid holding for to long as they will have to have there hands out for more cash soon
IOT Price at posting:
1.5¢ Sentiment: Sell Disclosure: Not Held
