Ann: Response to ASX Appendix 4C Query, page-19

So, in the quarterly IOT announce that they have invested over $1 mill in ROVA inventory to be sold during the course of the June quarter, they expect to generate $0.5-1.0 mill of revenue from these sales.

Now to me that doesn't add up, as in the request for info from the ASX, IOT state they will not be outlaying funds to build up inventory.

So all sales will come from existing stock, then how are they supposed to supply the Airselfie if they have no inventory.

Cheers