IOT 0.00% 0.1¢ iot group limited

Is this a joke?

  1. 68 Posts.
    Hello fellow punters,

    I'm fairly new to investing but not to doing business. And I cannot believe what I'm seeing here.
    Is this for real?
    An ASX listed company reselling couple of drones on Amazon? In one of the most competitive markets?
    From what I was able to find they managed to churn through >$10mil last year with nothing to show for it?
    They're projecting $25mil revenue... anyone can achieve that without any issues, the question here will there be any profit? No profit projections = loss expected

    All I can say is haha - very funny, they got me
 
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Currently unlisted public company.

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