ANN due end of JAN

 Pursuing consumer and commercial sales inquiries for Roam-e and facial recognition and tracking software

 US Distribution Partner presents Roam-e to 30 US agents and buyers

 IOT Group to close OTT Premium business and OK Smartwatches to focus entirely on scaling up drone business and delivering sales

 Closure of non-core operations to reduce monthly cash burn

 Significant drone sales expected first quarter of calendar 2017

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On 5 December, our US distribution partner is presenting to over 30 agents and buyers to start the sales/order process in the US. These presentations will take the team across the US and will last for over 60 days to build the order book for delivery Q2 onwards of 2017. A similar process will occur in Australia, Japan and Europe to establish orders for all the IOT Group drone products. IOT Group’s focus is now firmly on sales of all of its range of drone products including the ROAM-e. Our global partners will be selling these products from December onwards to develop sales and therefore revenue for IOT Group.

The second tax quarter 2017 begins on
Saturday, April 1 - 2017

If they have been selling December onward, does this mean we will get pre-orders end of Jan, then IOT go into production and will deliver orders April?

Surely we will see an ANN end of January?