Iota Communications Inc. (fka IOTC)

[dadoc1]

The actual float of the companies shares will be very small.

128 million + 12 million warrants to M2M owners Barclay Knapp and Carol Downs - won't be sold

15 million restricted shares - can't be sold for 6 months. I suspect most will hold after the lock up period for a while

28 million shares of SBRT out of which 14 million are held by large players. Assuming the larger players won't sell that leaves only 14 million shares out.

The float therefore is only 14 million shares and many people have purchased shares based on this merger to hold.

Therefore, a very small amount of capital will be needed to move the needle here to a $1 billion company. IMHO the projected revenue in 2019-2020 support this valuation. This is the next tech unicorn. Be happy you are all involved.