I bet there's another CR coming in the next few weeks and the reasoning is as follows:
- company is quickly running out of cash
- no profit projections this year and revenue expectations are unrealistic
- orders to aee will need to be paid for
- marketing efforts will need to be paid for
- they are following the same scenario as with roame last year (video and launch dates are set)
- the SP has been pumped pretty hard over last couple of months
- the current Mkt Cap is way overblown given the nature of business
- Kantor needs to be paid
All IMO and DYOR of course but it won't take long to see if I'm right
Brace yourselves!!!
IOT Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held