IOT 0.00% 0.1¢ iot group limited

And what is the original vision that they apparently have back...

  1. 489 Posts.
    And what is the original vision that they apparently have back now? Being a distributor for some cheap Chinese drones? Their patents are worthless, so is their drone. In my humble opinion, It's all just an illusion that Duffell and his mates created to pay for their lifestyle.

    When they listed, it was supposed to be an Australian IoT company designing new cutting-edge products and bringing them to market. They created this nice story and sold it well which allowed them to list on ASX and raise some decent capital. But as we can see now, it's all been smoke and mirrors.

    Makes ASX look amateurish and unprofessional for allowing companies like these to go public.

    Oh well, IOT are not the only ones, plenty of rubbish stock out there. Gotta give directors credit for pulling it off
    Last edited by al-pbs: 18/11/16
 
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