ASX announcement changed to a news release only? - Olay China, page-184

Hi NT0351.

I highly doubt, given the fact this announcement wasn't allowed, that any research was done by the ASX (person reading this report) on the content of this release.

If they had they would have realised its the first time Olay has been named officially (massive), and they obviously didn't know anything about the nature of the FMCG business we are entailed in, that this indeed was not advertising but actually a core new product containing our tech, that's being announced to the market it's being released in a country consisting of 1.35Billion people, let alone the ASX (person) researching back to 1st October 2014 when the SK-II wand was released.

What some newer investors may not realise, that had the 2014 limited launch have not have gone well/exceeded P&G expectations/had consumer uptake - OBJ would not be where it stands today.
We absolutely wouldn't be rolling our tech through various other brands if that had failed. This was stated as such by management at AGM.

[We absolutely wouldn't be launching our tech into Olay into China if failure was a possibility - China being one of P&G's key core countries it has been under-performing in - with massive Shareholder pressure upon them to enter P&G products back into positive growth there].

Kiwi.