Ann: Appendix 4C - quarterly, page-5

The deposit is and was not listed as a asset - thats my point.??? I thought it was burnt as they did production .
Call me a skeptic that so much physical drone stock was ever produced? Surely not in storage but quickly put to auction as cheaper to have someone else store it than dispose of waste.
Was any of the AEE deposit ever returned to IOT?


Basically is ASIC and ASX are going to have a good look they should have a good look and pull a few teeth , pull every document and take appropriate action.

Like you been around the block a few times and if there was ever a obvious one this ticks a lot of boxes in regards to the outgoings and expenses and where they went for what was basically a garage size business IMO.

Yeah I know it is not worth the time but that is a strategy long used .