I do not believe a word IOT Group says in the Announcements given their past history. Here are a few
examples.
what they said and what actually happened with xstream: heres the link
http://www.asx.com.au/asxpdf/20160615/pdf/437wyc89qtknwh.pdf
what they said and what actually happened with the Roam E: heres the link
http://www.asx.com.au/asxpdf/20160608/pdf/437ryl78xgqp93.pdf
and a screenshot of the link above, the weather permitting note is priceless as it was shot indoors.
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what they said and what actually happened with cutting edge products: heres the link
http://www.asx.com.au/asxpdf/20161012/pdf/43bxhzvf9ky8td.pdf
so there are three examples, all announcements released by IOT Group and all three never happened.
Until I see IOT Group actually do what they have said they are going to do they will remain on my DANGER and NOT TO BE TRUSTED list. this is all in my own opinion and not to be taken as investment advice.
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