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Re: LobsterMaine post# 3776

Tuesday, 06/05/2018 7:15:59 AM

Tuesday, June 05, 2018 7:15:59 AM

Post# of 22186
they've been pumping the IOT thing for over 6 months and it blew up the stock, but if you look at the transactions they haven't been IOT related. I think the old CEO was trying to bring in the businesses he knew to help balance sheet and income statement. Now that he's gone not sure what's going to happen with that.

Mansour is probably going to start driving the IOT business but that's been on going for awhile. They need to get their pet tracker on the market and prove the market wants it. Their indiegogo campaign only raised 59k going into 5 months. That's not really mind blowing when other campaigns raises hundreds of thousands of dollars.

Time will tell.

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