IOT 0.00% 0.1¢ iot group limited

Ann: Appendix 4C - quarterly, page-7

  1. 9,212 Posts.
    lightbulb Created with Sketch. 1064
    What this quarterly shows is that revenue is down$134k from the previous quarter. Manufacturing costs are down $392k, drones are gone, repeat gone.

    Talk to Geoffrey are propping them up, the question is why and what for?

    Even with Geoffrey's latest tip in the next quarter's expenses are not covered.

    This power station/coin mining operation is pie in the sky stuff.

    Any company getting GST refunds is spending a lot more than it's generating, not sustainable, #insolvent

    IMHO

    Cheers
 
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