Ann: COTY Set to License OBJ's Powered Technology, page-131

Orchestrate is a strong interpretation of my comments and appease implies OBJ have the upper hand.

what I have observed in small ASX listed wannabes is that they are the ones trying to announce any form of progress and occasionally the bigger companies throw them a bone.

I never understood why the "stock that shall not be named" ran so hard on a HoT agreement but it was news to holders as up till then there had not been any publically acknowledged arrangement with BBI.

In OBJs case we all knew they had a Collaboration agreement since last year so I guess this is a nice progress update showing intent but the heaviness in trading behavior of this stock a few months ago made me a tiny bit suspicious so I sold mine to watch the option expiry. I think people should stay positive on OBJ but new entrants to the share registry on the back of marginal news could end up going the same way that some went in "the stock that shall not be named" ie buying the hype a little to far and getting washed out.

$10m of new OBJ stock is about to be printed up and added via 3b and most of us can see the nice uptrend channel since the big move in April. Unfortunately the SP is sitting right on the bottom end and the weight of any option selling may drop it through.

Anyway - most here seem very dedicated to the stock and in at great levels so a wash out to 6c shouldn't upset anyone on the way to riches! It has been one of the best performing bios so congrats to holders.