Ann: Appendix 4C - quarterly, page-4

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spinefx

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14/06/19

17:47

Post #: 39067294
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Originally posted by Teddyward ↑

So as of 31st march they had negative 1000 dollars.

They received on accounts a $53,000 as return of deposit? Deposit on what ? Any ore to be returned? Was that the non current assets
What if any of the Trade and other receivables of $205000 at 31 dec have been recovered?
What was the $440000 write off?

So They estimate $104000 in outgoings for next quarter ( yep the one that finishes at 30th June) which is 90% of the way through.

Where is $ coming from?

They had $2189.00 unaudited at 31 dec 18

Come on ASX ad ASIC keep asking a few more questions

Who was paid for all the expenditure on marketing and office expenses etc.

ASX IMO should publish questions after giving a company 3 days notice to reply so holders are aware they are still asking . This whole system of waiting for a company response is crazy as everything just gets delayed

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Teddy,

IOT had a $1.3 mill deposit with AEE to secure inventory.

It was announced some time again, from memory, they (IOT) were negotiating to have it returned.

I imagine the write offs will be the stock of ROAMe, ROVA, VECTA and AirSelfies that are littering the shelves and storage units.

It's a shell and like, Centius Gold became Ardent Resources became IOT, IOT will become.......................... , that's how they roll.

Cheers

IOT Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
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Ann: Appendix 4C - quarterly, page-4

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