Ann: Results of 2016 AGM-OBJ.AX, page-79

One critical slide in the presentation that caught my attention is this one below. NOTE:

• 10 corporate entities who have expressed interest, to varying degrees, interest in bodyguard
• 1 corporate entity (not P&G) undertaking serious technical evaluation
• It appears this will be a highly sought after application of OBJ's technology

I spoke with George Tsadilas after the meeting who is responsible for the Bodyguard commercialisation project. I though maybe, just maybe, he might be more forthcoming with info about where all the negotiations were at.  I couldn't even get an acknowledgement from him that they are currently in negotiations/discussions with all 10 entities depicted on the slide. Obviously very secretive at this stage.  I recall Jeff in his part of the presentation alluding to the fact that competition between some of these entities is extremely fierce - they basically hate each other and you couldn't some representatives of these corporations in the same room together without there being a bloodbath, that's how bad the competition is between them.  Obviously that's all good for the company whose technology they're fighting for.