IOT 0.00% 0.1¢ iot group limited

Ann: Results of Meeting, page-92

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  1. 9,402 Posts.
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    At this stage ROAM-e is still in development, to be re-positioned and compete with conventional outdoor quadcopters.

    The "At this stage" component of the announcement sounds a little vague IMHO.

    This announcement came before drones like the DJI Spark was announced, which has a lot more features than the Roam-e had/has.

    For the company to bring the Roam-e to life will require a lot of ROVA's and Airselfie's to be sold. The market is moving so fast I'm not sure that IOT has the ability to be in the race.

    "Over the last 6 months IOT has sought to put in place a business model and practices consistent with its move from being a “tech innovator” to being a “profit focused” company."

    So sounds likely they are purely a seller of tech.

    Your very close to those at IOT Brass, do you believe the Roam-e will be seen at Harvey Norman?

    Cheers
 
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