IOT 0.00% 0.1¢ iot group limited

Ann: May 2017 Operational Update, page-119

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  1. 636 Posts.
    The sep/oct/nov 2015 investor presentations all have statements by the company about signed distribution agreements, revenue being generated and products about to launch. These are all the discontinued or failed products, but as its the same board/mgt team it doesn't inspire confidence (IMO).

    I am not suggesting anything outside of ""spin"", or forward looking statements and investors need to DYOR and act accordingly. But there is no track record based on the pre listing presentations and the progress to date. So why should the "new"products fare any different is the key question for me.

    There have been many big claims, my personal favourite is below. Would be interesting to know on what basis they thought Intervision/OTT was a potential $75m p.a. revenue business, and were prepared to put that in an investor pack, but then canned it within a year??

    upload_2017-5-4_7-53-57.png
 
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