Ann: Appendix 4C - March 2017 Quarter, page-136

  1. HK1
    590 Posts.
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    Appreciate that, but selling 547,200 units was never going to happen (in Oct-Dec), in my opinion. But, yes, where is revenue?

    I do agree with you that some more transparency would be nice. I know that shareholders will get near-zero transparency, but I am confident that OBJ will get some transparency with volumes. Normally (in my experience) these type of contracts have an audit clause, where an audit can be requested (by OBJ in this case) to ensure that the figures being supplied are correct. One way to stop this sort of audit happening is for the appropriate information being supplied each quarter or periodically. I would suggest that OBJ would be presented with some detailed information regarding wand sales (regions, penetration, market share, etc), but this would of course not be available for general release.
 
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