re: ready to explode, page-2

re: ready to explode 4 cents will be cheap for this stock in the next couple of months IMHO. I've been trading some and accumulating. i'll be after about $10K worth over the next few weeks which I'll hold until the contract rumours begin.

In my experience, heads of agreement can be put together in 6-8 weeks (these will constitute one announcement which will see the price spike) but it can take up to 6-12 months to finalise a licensing contract of the size I'm anticipating from OBJ - and then the price will spike again on confirmation of contracts being signed and royalty projections being announced. Test results need to be announced first obviously.

The medical/pharmaceutical applications will be massive but I'm with Lady Penelope on the prediction that cosmetics houses will be throwing massive money at these guys.

Their overheads are low as they won't be producing anything, in favour of developing and licensing. Last time I heard their cash position was good. (The CEO has previously reported to other investors via email that they don't anticipate needing to do a raise.) OBJ has the product and the management to become the darling of the biotechs IMHO. I can't even imagine where their share price might be headed.