Ann: IOT Group completes $11.975M capital raising-IOT.AX, page-168

There is some serious misinformation about those pre order numbers. Maybe they mean video views as even Facebook likes amounted to only 5k. The pre order on their website requires payment NOW, so the natural question is where are those money ? 250,000 amounts to AUD $125 million ! Even if they get 1/10th of that they shouldn't require a CR just now.

I am interested in IOT that is why I ask these questions. Blind optimism could have seen me buying well over the current sp.