Internet Of Things Inc:
* Internet of Things Inc. signs LOI to enter into a JV with
chinese international conglomerate New Hope Group
* Internet of Things Inc-new hope will hold 49 pct interest
in new JV, to invest initially $two million as capital loan whilst
iot inc. Will hold a 51 pct interest
* Revenues more than 3-year term are anticipated to be in $20 to
$30 million variety from JV
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