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Iota Communications Inc. (IOTC)

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Last Post: 10/18/2019 1:09:39 PM - Followers: 20 - Board type: Free - Posts Today: 2

Iota Communications, Inc.

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2019 Corporate Update

- Iota [is] the only “pure play” publicly-traded, fully-featured IoT network operating company in the US. 
- Iota Spectrum Services has now acquired licensed 800 MHz spectrum within 135 U.S. metro areas... 2.62 MHz of licensed frequencies in the 800 MHz band in market areas with a total population of approximately 175 million.


From Press Release July 15, 2019
- "Iota Partners’ goal is to acquire over 1 billion MHz-Pops through an aggressive acquisition strategy."

from financial results for the fiscal 2020 first quarter ended August 31, 2019.

- Additional Balance Sheet Improvement: Beginning in May 2019, we began an aggressive balance sheet enhancement initiative with an ambitious goal of removing $100 million of debt in this fiscal year. As of today's date, we have received executed exchange agreements to remove the majority of the revenue-based note liability, restructured the notes with our senior lender to remove the conversion feature and extend the maturity date to 2021, and we have also paid or otherwise settled certain accounts payable.

- Spectrum License Application Status: In July 2019, we submitted 637 applications for 800 MHz FCC licensed spectrum on behalf of the Company and our spectrum partners and to date, 375 licenses have been granted in connection with those applications. We expect the remaining licenses to be granted over the coming months, which will move us substantially closer to achieving full US population spectrum coverage.

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PostSubject
#435   Assuming you are good with current BID/ASK prices. madkapperaz 10/18/19 01:09:39 PM
#434   Price movements are funny. I put in a Wild Alpha 10/18/19 12:08:39 PM
#433   The January financials should show some significant changes. madkapperaz 10/16/19 05:15:12 PM
#432   So the January financials should show some significant madkapperaz 10/16/19 05:14:23 PM
#431   Nice Rev's...Looking good here... $IOTC Golden_Cross 10/16/19 02:48:22 PM
#430   Another sign of maturity... the 10-Q was filed madkapperaz 10/16/19 01:34:51 PM
#429   very nice... great progress reported madkapperaz 10/16/19 10:33:02 AM
#428   IOTC Daily Chart Golden_Cross 10/15/19 06:14:10 PM
#427   News out - Iota Communications Reports Fiscal 2020 Golden_Cross 10/15/19 06:13:34 PM
#426   Based on CEO interview, seems like 20% to madkapperaz 10/15/19 12:48:12 PM
#425   Lots of dilution coming to support this company IMHO dadoc1 10/15/19 10:41:05 AM
#424   Closed $.35 HOD $.36 CJAKE1 10/12/19 07:30:52 PM
#423   I hope I'm right too, but like any madkapperaz 10/11/19 11:53:34 AM
#422   I hope you are right about where IOTC LateToTheParty 10/10/19 08:51:01 PM
#421   There are a couple of reasons why Anterix madkapperaz 10/10/19 12:48:04 PM
#420   Why do you think that Anterix is valued Whatsupp 10/10/19 11:03:52 AM
#419   More good news from the FCC madkapperaz 10/09/19 05:36:27 PM
#418   Marketing company has a 6 month hold. I madkapperaz 10/09/19 05:22:05 PM
#417   ETRF was offering 100K shares at the ASK madkapperaz 10/09/19 05:19:27 PM
#416   The license grants are good news. Why no Wild Alpha 10/09/19 03:15:36 PM
#415   ETRF trying to unload 103k of shares... tech101 10/09/19 02:34:02 PM
#414   Offloading $10K of a stock with a $80M madkapperaz 10/08/19 02:32:38 PM
#413   Did I miss any news? Why are people offloading? Wild Alpha 10/08/19 01:54:32 PM
#412   Yes, they needed each other and the balance Whatsupp 10/03/19 09:51:14 AM
#411   Solbright needed the money and had no way madkapperaz 10/02/19 10:01:11 PM
#410   My take on that is that Solbright needed Whatsupp 10/02/19 04:41:37 PM
#409   I heard Defranco state that the reason why Wild Alpha 10/02/19 03:13:40 PM
#408   I agree the end game is to sell madkapperaz 10/02/19 12:13:15 PM
#407   Sales jobs (building automation B2B sales), network commercialization Wild Alpha 10/02/19 10:52:57 AM
#406   What hiring are you anticipating? Aside from the madkapperaz 10/02/19 10:34:30 AM
#405   Given this - & lack of hiring, I Wild Alpha 10/02/19 09:18:50 AM
#404   89 licenses granted between yesterday at 12:00 noon Eastern. madkapperaz 10/01/19 11:52:36 AM
#403   It really depends how accretive the transaction is madkapperaz 10/01/19 11:39:56 AM
#402   Dilution will be a headache for current shareholders. tech101 09/30/19 09:02:45 PM
#401   Yeah, he built a huge company in Europe madkapperaz 09/30/19 07:25:13 PM
#400   Thanks so much for such a clean and LateToTheParty 09/30/19 06:35:57 PM
#399   Despite the good things happening behind the scenes, madkapperaz 09/30/19 05:34:50 PM
#398   Whatsupp 09/30/19 04:34:39 PM
#397   don't rock the boat until everything settles. madkapperaz 09/30/19 02:58:17 PM
#396   If I was IOTC, I would publicly state Wild Alpha 09/30/19 02:49:29 PM
#395   Huge news! madkapperaz 09/30/19 01:49:23 PM
#394   I posted this on another board: madkapperaz 09/30/19 01:30:16 PM
#393   2 licenses issued today as part of the madkapperaz 09/30/19 09:53:49 AM
#392   The great thing about this company, related to madkapperaz 09/27/19 01:38:31 PM
#391   I'm at 100K and looking to add in Q1. madkapperaz 09/27/19 01:37:07 PM
#390   I am holding on to the 36K shares Wild Alpha 09/27/19 12:43:03 PM
#389   When I started following the concept of 800 madkapperaz 09/27/19 12:08:31 PM
#388   No "news" on licensing... no PR (not needed) madkapperaz 09/27/19 12:05:27 PM
#387   My basis is 0.47 & my patience is 0.00. Wild Alpha 09/27/19 10:27:59 AM
#386   Good news on licenses and stock down to LateToTheParty 09/27/19 10:22:55 AM
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