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600k - 800k in the next quarterly

  1. 4,138 Posts.
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    just wanted to highlight the fact that we will be receiving 600k - 800k in the next quarterly. if we didn't just receive the half yearly with this result and got our next 4c with say $700k (an increase from $385 previous) most (not the sad sacks) would be very happy with this result. from the last 4c estimated cash outflow is $750k. add the tax refund we will receive this half (that lionhearted forget about with his crazy rantings) and we will be cash flow positive for this 1/2 year.

    now that is with the genoptics spot pen just being released. in the initial Ann it was stated that we would see the release of 2 integrated products in April-may. the spot pen was released early, so we have another launch to come shortly, with the upfront payment schedule. from the 1/2 yearly "OBJ is currently developing additional products using the same integrated format to release to market " so we will probably seeing more than one product to be released.

    add to the above the future release of the facenavi smart wand with smart phone skin analysis software and sk11 smart bottle, both previewed at ces2019. we also have the new magnetic infuser to be launched for olay to be released.

    this is all without any left field Ann coming as well. now looking back its easy to be disappointed with OBJ's sp performance, especially if you didn't trade with the sp on the way to 13c. but that's history, the market is forward looking and I argue that its very difficult not to see OBJ producing a profit in the very near future and with that a nice sp rise. IMO.
 
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