Promoters back onto IOT - the next tech stock, page-29

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Eberhard

574 Posts.

16/07/16

14:02

Post #: 18285450
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Originally posted by Bigglesworth ↑

If the reasons you refer to haven't been disclosed, how do you suggest I (or any potential investor for that matter) conduct "further research". This is not a guessing competition Key. This is a public company that is bound to provide relevant details that may affect the SP to the market as soon as they become available. Will the ROAMe fly outside in windy conditions? Answer required. Are there problems with the App that supposedly controls the ROAMe? Answer required. Why didn't Kantor fly the device at the AGM? Answer required. And don't give me the standard BS response. They could have easily roped off an area at the AGM and provided a demonstration to the shareholders that were present. Do you reckon that would have instilled some confidence in shareholders? They could've flown the ROAMe behind closed doors if they were worried about someone outside seeing it. See where I am coming from here?

Quite frankly, your comments are one of the reasons why many retail investors lose money in spec stocks. My friend told me.... I know someone who was there during filming... I have heard that the device does this... None of that means anything unless we see it perform the tasks/manoeuvres that have been promised. IMO, they have failed to provide further details because they appear to be having teething problems with the ROAMe and they needed to buy some time. They thought the video would do that but unfortunately it has just created more uncertainty. Who knows, I could be completely wrong. I suppose we'll all see when Kantor promos the ROAMe to the big box retailers in NY. The BIG test will be when product reviews have been completed by those in the market. If they are less than impressed, we all know what will happen.

Time for the rose coloured glasses to come off people.

DYOR

Biggles

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Remember, 8th, June, 2016: " The ROAM-e is in the final testing and tuning stages and will be ready for shooting the Roam-e Video next week – weather permitting. "
http://www.theiotgroup.com/wp-content/uploads/ASX-Announcement-7-ROAM-e-progress-update.pdf

IOT Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
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Promoters back onto IOT - the next tech stock, page-29

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