It is the start of a journey. I think another poster has highlighted the challenges Lily has had get multiple versions of the product and started way ahead of IOT and Roam-e and they still have not launched their product. This actually benefits IOT and Roam-e if they can get their Roam-e out ahead of Lily as they can leverage of the back of the marketing done by Lily for selling the concept of a flying selfie drone.
I hear people saying ok leaving it tight to be ready for Xmas. Certainly agree but on their last progress update they sound like they are more successful than Lily in getting their product ready for market perhaps. I would bet on March Quarter release with Roam-e pro launched for Dec 17 Xmas.
Even if they only sell 50k units of Roam-e that more than justifies a much higher market cap. I think the negativity as gone too far personally as they look on track to deliver Roam-e it is more a question of whether will be ready December Quarter or March Quarter as former tight to deliver to.
IOT Price at posting:
2.9¢ Sentiment: None Disclosure: Held
