10-K states that there are 5 employees and all of them are part time.
Report also indicated most recent office lease was for $2,000 per month. What kind of office space can you rent in the Boston area for such a nominal amount?
And outstanding shares have tripled since December. Almost 100,000,000 outstanding shares have been added in the last 6 months.
All this re-enforces my notion that ITOX is a sideline gig for Emmons and his associates and that they depend on other ventures for their primary compensation.