Importantly, IOT is projecting CY2017 revenues of at least A$25 million, based solely on the expected sales of its ROVA product in North America.
In anticipation of the initial demand for the device, IOT has already placed an order for the manufacture of 40,000 ROVA drones with AEE, one of the largest drone manufacturers in the world.
The ROVA is a potential game changer in the drone space as it focuses on selfies, which is an exciting new category for retailers.
9 MONTHS TO GO TILL THE END OF 2017, 25MIL = $694,000 PER WEEK IN SALES HOW ARE THE SALES GOING IOT.
IOT Price at posting:
3.0¢ Sentiment: Sell Disclosure: Not Held