IOT 0.00% 0.1¢ iot group limited

Ann: Business Update, page-89

  1. 2,026 Posts.
    lightbulb Created with Sketch. 174
    AEE has made millions of IOT already probably significantly more than is openly disclosed if the "creative book keeping" that is their financials are anything to go by (open that pandoras box at your own risk).

    What skin does AEE have in the game? It's all upside for them and has been since day one.

    The level of financial assistance isn't listed and when your buying 40,000 drones upfront (at a cost of over 10 million dollars) i'd hope that they got a few favourable terms.

    As for "indicative orders" I would give them the benefit of the doubt if it wasn't for their horrendous track record with those.

    My guess is that the independent viability report they had done on the Roam-E was the catalyst that started a chain of events that got us here. At the end of the day opinions at this point mean nothing, orders are real they survive, orders are fake or fall through it's curtains.
 
watchlist Created with Sketch. Add IOT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.