I would agree with you, except for the fact that within the first 2mins of the conference call he outlined his objective of having five separate $100m business units in 5 years.
He is part salesman, part director.
We all thought there was a distinct possibility of $20m in revenue by 2017, with @ADBM even commenting: "If you do the math it becomes pretty clear that in the opinion of the directors based on the best available information at reporting date the receipt of licensing fees in excess of $20m by November 2017 is already a no-brainer."
Turns out we missed that revenue goal by a long, long way. And there is no indication of when some decent revenue will be flowing continuously.
I think the new Chairperson will have their work cut out for them. Where will OBJ actually, be in five years is anyone's guess. But, unlike @dossantd I took my loss with the viewpoint of sitting in the sidelines and watching to see what happens. And I will now walk away from OBJ entirely as the latest conference call gave me no confidence for the future and I will search for more certainty elsewhere. Good luck to all.
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Well done Steve Schapera, page-104
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