WFL 0.00% 0.3¢ wellfully limited

Deal or no deal?

  1. 26,711 Posts.
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    Many years ago OBJ was a small company in WA, trying to "crack the coconut" so to speak, with a technology that no-one had heard of.  14 plus years of work, with little recognition. But they continued, to keep the dream alive.  Finally 1 company after years of work decided to sign in the dotted line... it wasnt the corner store guy, or even the guy with 5 shops..  It was bigger than the franchise with 25 outlets, and the organisation with 100 outlets.. It was in fact Procter and Gamble.. or P & G. The biggest FMCG in the planet...  However in order to get the signature OBJ needed to concede some revenue in the first instance. Both parties were new to each other, how would the partnership work, will it give P & G an edge, they took a risk.

    OBJ gave away some potential $$ so that P & G could take that risk.

    Time moves on.. P & G realise the risk was warranted..  So they decide to incorporate OBJ tech into more things... OBJ finally has been vindicated that their technology does work.  This will help OBJ in the bigger picture.

    Now OBJ have on board savvy businessmen , who understand the "worth" of obj tech.   

    Its a new beginning for OBJ.. The past has cemented the foundation.. The income will now be hitting our bank accounts...  Deal or No deal.. I am glad that Glyn agreed with the board , and P & G to accept the "initial" deal to get a foot in...

    Now the world opens to us..   I hold and will now accumulate as I can.. Before I stated I wouldnt add more... 

    I think we are at the cusp of greater things.. DYOR , Im comfortable with the path, just not how the share market has judged us....Oh and I do have a buy order on market now clear.png


 
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