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clock Created with Sketch. 25/06/18
18:02
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Originally posted by cmk1969
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With 2 new and additional sizable salaries to pay, which has now pushed the 'cash-flow positive' scenario a little further down the track (ignore the Chairman's salary as it is simply replacing Glyn's salary), OBJ need something of substance to justify the bolstering of the BoD. Increasing Quarter-on-Quarter revenue will certainly help if it is Sustainable; unless of course the SK-II Magnetic Booster and the Olay Magnemasks, which are deemed 'First Generation' products imo, are destined for the same fate as the original and first P&G SK-II static Magnetic Eye Wand...which is now defunct!
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Well the fact that they are bringing on board more management tells me they are obviously optimistic of the future revenues and partnerships. And yes they are optimistic from my conversations and all it takes it’s another large partner and things should look up. With the amount of irons in the fire, I believe that could well be possible.
(20min delay)