So IOT was born out of Ardent Resources, they came to the market...

So IOT was born out of Ardent Resources, they came to the market with their hand out promising to tap into the world demand of all things internet.

They would target this market with,
- wearables
- home automation
- IPTV
- specific innovative consumer devices(I note nothing specific was mentioned)
- specific device - agnostic

The first product was the $99 smart watch although heavily discounted was sold through Coles, after the initial 6-7000 order none were re-stocked.

Then came the mighty ROAM-e, that was to set the selfie world on fire. Indicative orders showed North America/Mexico would take 250,000, Australia 15,000, Japan 25,000, Rest of the World 100,000 and web sales would top 50,000. By 8/6/16 we were told it was in final testing and tuning ready for release and production would top 50,000 units per week. Deals were signed with AEE and various distribution companies and the world would be flooded with ROAM-e's.

Of note NONE have ever been sold, some were given away as a promo piece.

Hoverboard was next on the table, 12/10/16, as a way of tapping into world demand for such items, despite the news having carried plenty of articles about similar items catching fire and burning down houses. By 11/11/16 the deal was cancelled. NO hoverboards were sold.

- OTT Premuim, a product so good it would be demerged and list a its own entity, Never happened.

- xstream, disappeared

Beiber, Jenner, Gomez were all in negotiation to promote products. Never happened. We got Ruby Rose, one night only.

Drones became the focus, with ROAM-e gone but not forgotten, ROVA, Vecta and Vect-pro were promo-ed.

Vecta and Vecta-pro were dropped having not sold one unit and all efforts focused on ROVA.

ROVA interest was clearly low so another product needed to be added - AirSelfie.

Skipping forward,with the Xmas 17 sales low as they simply could not get the stock onto the shelves, after months of being told of repeat orders were flowing in, yada yada yada, RUNA the all encompassing delivery app so successful it had been used 2700 times in Beta mode. "We must have it" said Sean

Now we come to todays announcement of a Block-chain Advisory Board, so a board has been set up to look at Block-chain opportunities for the esteemed Mr Adam Ritchie, a man who has overseen several transactions.

Wow, is there a boat to catch still or have they all sailed for these guys.

Cheers