the maximum production is 50000 per week, and expected to sold only 50000 units by June 2017, which is one year to come. What? One year for 50000 units? and give them share options exercise at 0.07. This is not huge. You guys just talk about 10c, but why? overestimation usually come down. Would there be any CP for the manufacturing soon?
Upon the achievement of at least 25,000 units of the ROAM-e Drone are sold in the Territory by 31 December 2016, 2,000,000 options; and
Upon the achievement of at least 50,000 units of the ROAM-e Drone are sold in the Territory by 30 June 2017, 2,000,000 options.
IOT Price at posting:
8.7¢ Sentiment: None Disclosure: Not Held
