Their product range looks like the specials bin on the alibaba website.
Looking at the investor preso, they seemed to have focused on the flying selfie stick which is clearly a gimic and the novelty of it is getting some media attention. It's not sustainable.
The watches are cheap/generic chinese made crap - Just look up how many different types of these there are just buy searching gumtree for "smart watch".
Watch out buyers..
p.s. Do they even know what the Internet of Things is..?
IOT Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held