strategic alliance, page-13

WOW bloody hell, was in a bad state regarding the 3M update after expecting so much from it. Was also good to see that FMCG are now in the deep end regarding tests and evaluation with their existing drug line with 'global sales'! So if the evaluation goes well and we do progress onto the next stage then the strategic alliance will be official and...bang away we go! We will have major lift-off. I believe that the strategic alliance is dependent on the outcome of these tests so nothing is guaranteed yet.

But i just opened up commsec and the announcement section and saw GSK's announcement! Now that got me really excited! Amazing annual that absolutely trumps the quarterly and its marked non-sensitive??? Well that has just confirmed how strict the confidential guidelines are. Management had to give bad news to the market when that shareholder asked questions regarding the intentions of GSK when they entered into the Short evaluation with OBJ. Now we receive this and it seems that GSK are in it for the big cash. And what really excites me is the following extract:

"GSK has reported statistically SIGNIFICANT LEVES OF ENHANCEMENT in an in vitro testing"

and

"GSK and OBJ are in discussion regarding the next steps which are technology integration program and in vivo to quantify the business opportunity"

Now does that mean that the FIM technology was created for GSK considering the extensive history OBJ have with them which spans back to 2006?

Not only that but the program is fully sponsored! So no cap raising, ie no dilution. And with the market sector being 29billion dollars, this is no laughing matter and i'm guessing GSK would want to exploit this ASAP. I'm a happy camper and if the market doesn't react then christmas has come early! Alot happening with OBJ, SP has a whole lot of catching up to do with the updates we will be receiving from GSK and not to mention if FMCG's testing shows strong results. They are testing the em-Patch and FIM, GSK has already told the market of how well they went with FIM testing so its all down to the em-patch which has been developed since 2004 so it is all looking very strong. Will continue to load up on this bad boy.

GL to all that hold!