IOT 0.00% 0.1¢ iot group limited

Ann: 2016 Financial Report, page-58

  1. 636 Posts.
    From the original prospectus OK watches was Sean Neylons company. It merged with roam and intervision. The early story were all the watches, the coles deal free on the watches, ability to make 10k a week in china. This is allavailable online in news articles and the anns. It was clained at that time that mtiple retailers were goibg to stock then.

    Presumably though i havent re read it, Neylon got lots of shares for vending that OK watches business into IOT. It appears that whole line of watches and wearables collapsed and was then called non core. After supposedly shipping thousands.

    Cant say that fills one with confidence. Lots of shares for vending in a business line than becomes defunct or non core whithin 12 months and still drawing an attrative salary.....but what kpis were set and hit for the watch business? From my research that was neylon not kantor

    Dyor. Plenty of info in public domain
 
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