Ann: COTY Set to License OBJ's Powered Technology, page-105

LOL.

I just caught up with all things OBJ.

Good to see friendly rivalry still exists and that (most) people just want to wish others profit.

abdm is to OBJ what Twin is to ADO but I think OBJ is a little further ahead than ADO so he has more publically to play with.

As a non holder but overall OBJ bull I have to support goldenx's comment on this one - "The more I read the announcement the more I believe it has been cobbled together in quick time."

but I am more suspicious about the reasons. It wouldn't surprise me if OBJ management were thinking they would have been able to announce a licencing agreement by now but ended up settling for this in a pre-option expiry rush. If there is a cozy link with the major options holders and the company then the SP is probably still stuck for a little while longer.

Maybe next year she can go for a gallup but as we have seen in ADO, OBJ, AHZ etc any MCAP above $250-300m seems to need cash flow to support a sustained valuation.