Lets look at this from a purely objective standpoint for a second.
From the 71,000 AUD receipts from sales this quarter, obviously without taking into account the GST which is deducted later, that equates to selling what, 140 drones? I know some of the revenue would have been watches and probably less drones but lets assume for the sake of the exercise that all their revenue was selling roam-E's online.
So after their video release and the most hyped time for the launch of their product, these guys have sold 45 of these things a month, and yet they're expecting to go to big american and chinese retailers with those figures indicative of customer demand, and get pre-orders to the tune of 220,000 pieces?
ok.
IOT Price at posting:
5.6¢ Sentiment: Sell Disclosure: Not Held
