If you look at the response query they give you a clue what's happening,
“Additionally, IOT is building out distribution arrangements outside Australia with suitable business partners, including in Japan and the United States (for which non- exclusive sales and distribution agreements have been executed) and in Indonesia, West Africa, New Zealand, Nepal, Bangladesh and Pakistan (for which agreements are currently being negotiated).”
IOT Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held