They were actively selling the Roam-E months ago stating the device would ship within 8 weeks.
Management should have known there was no way they were going to be able to fulfil orders within the timeline they were presenting. Either it was an out-and-out lie or incompetent management as the timeline was clearly unrealistic, even the average punter could see this.
They are now saying orders will be shipped within 12 weeks.
They have fired their CEO/Founder.
They are yet to show a proper video of a working device in an outdoor environment.
They had Max Markson spruiking the product.
I've never seen more red flags in a company before, IMO.
IOT Price at posting:
2.5¢ Sentiment: None Disclosure: Not Held