This week, page-10

Expect some buying according to the Fool

http://www.********.au/2016/05/16/5-small-cap-shares-for-your-watch-list/


IOT Group Limited (ASX: IOT) recently commenced trading on the ASX after a reverse takeover of Ardent Resources.
IOT has a range of smart watches, a drone product designed to produce video and take selfies, and a global internet TV platform known as Intervision.
News reports of IOT’s flying selfie stick and announcements regarding distribution deals in the US, Japan and Australia have put a rocket under the share price, which is up nearly 700% in the last month.
The company is currently sending out its product to prominent selfie taking celebrities, which seems like a good strategy for generating more publicity. Time will tell whether this translates into sales and IOT can become a contender in the competitive tech hardware industry.