To date IOT announced they have "exclusive rights" but no follow...

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636 Posts.

06/07/17

11:20

Post #: 25699668
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Originally posted by elit ↑

This is generally not a stock for me but did wonder after seeing sophisticated investors stump up some decent coin at 1.2 cents whether might be worth a trade down here.

I did some google research on air selfie and rova and gees you only get the one sided views on here....air selfie reviews were more mixed (where here you only get the bad...funny that) and saw it done as a top 10 gadgets on Amazon product review for 2017.

Gimmicky but that is the whole market is and hey if it sells it sells (and flying selfies are a current sellable fad).....but yeh no big evidence selling yet in any volumes....

Flying selfies is not my focus as don't understand that sort of consumer market and like to play with stocks I understand - particularly high risk ones like this one in any case and from risk perspective now got too risky for me even for a quick trade.

Anyhow if this stock is going to survive and show it has valid viable products it will be sales over the Christmas season that will be key test as key buying volumes happen of course for this sort of product during this period. Question will be can it survive to sell over Christmas sales period. June quarterly in August will reveal all that probability I guess.

At least acting as distributor then building own products much lower risk strategy.....pity they did not revert to that after the successful capital raising before spending all those millions on the flying dildo. If had all those millions from CR might be prepared to make a small play, but like I said as at last roll of the dice too high risk for me, particularly for consumer market product I don't really understand or feel worth spending too much time researching.

Anyhow as I don't hold or probably plan to - I don't see much reason to post any more on this stock so take the above as you will, as unlikely to venture back here to respond or read posts here, as other things of focus, so have fun.

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To date IOT announced they have "exclusive rights" but no follow up ANN or orders announced. So ZERO airselfie sales or orders via IOT based on what has been released. And Airselfie are selling it themselves, both through their website and via Amazon, into the US. There is no ANN on airselfie site about any agreement with IOT, and I emailed airselfie for clarification, no response as yet. Interested to see what the qtrly says

IOT Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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