trading halt, page-68

Hi Chookman,

I think the most important thing to consider is that the company confirmed only 55 days ago that it already has adequate funding to progress all of its various programs, so at least we have some peace of mind in knowing that whatever details may emerge from this trading halt in relation to capital raising it is not derived through any 'necessity' for OBJ to raise additional funds...

"Participation in the Underwriting of the OBJO Options was significantly oversubscribed and participants were scaled back following strong support from both existing Top 20 Shareholders and new Institutional Investors. In conjunction with the Company’s existing cash ($2.7 million at 31st March) and the $0.79 million raised via the recent Rights Issue (announced 5th June 2013) and the $0.13m from recently exercised options, the underwriting – representing a further approximate $0.73 million in funding - will see OBJ emerge with circa $4 million in cash and importantly have adequate funding to progress OBJ’s various programs including the Company’s own Bodyguard program". Director Glyn Denison commented: “the strong support from the investment community for the underwriting highlights the potential of OBJ as it progresses its various programs."