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coppa1

14,055 Posts.

395

02/05/16

14:14

Post #: 17652880
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Originally posted by amok ↑

Its good to see some figures assumpta. Not sure where you got that from, but would like to know.

Surprising also that nobody picked up the fact that the company is only targetting 10, 000 roam e units per month until September. (not the 50,000 as has been stated by so many) 50,000 is the capability...not production run.

I feel 10,000 per month is a better number and an easier sell in the first few months. Hence once the market gets established it is nice to know production increases are available "once global orders are received." ...as per quarterly.

Perhaps many also missed the importance of the following comment in today's quarterly:

"The IOT Group Sales team have been working on seeking the strongest distribution channels and relationships in the United States, Canada, Mexico, Japan, Australia and the United Kingdom. The IOT Marketing team have been developing product packaging and point of sales materials in different languages and are preparing them for mass global distribution. The Public Relations team including Max Markson has prepared an outstanding US and Australia PR and marketing program for the release of the upcoming Roam-e and OK Watch products."

Lets get back to basics and not expect multiples of stock prices in a heartbeat. They are building a solid business foundation, have interesting products and have a talented team with technology expertise and professional marketers. In addition, they have contacts with the right channels. Stock price will be higher than 10 cents that I have no doubt, but all in good time.

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Read it again amok

10k units per week then capacity to up it to 50k units per week.

IOT Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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