AGM update, page-15

Well said guys,

I won't be approving any performance shares unless i see revenue, period.

As directors have worked hard to get OBJ this far with good partnerships, Shareholders have also invested:
√ Hard earned money
√ Time in researching and even promoting this company
√ Been patient for years to see the SP exactly where it was 2 years ago at SK-II launch.
√ Paid opportunity costs


Yes my logic could be flawed however i think as per comments at Adelaide presentation we have more than enough shares on issue.

Considering we are in third "revenue" phase, may be company should start thinking about issuing some revenue projections and even better think of dividend guidance which will help directors to earn up to 1.8M for every cent of dividend as they hold 10% of the company instead of 750K worth of shares for which they have to pay taxes out of pocket as well.

In return we will see good results for the company that will be win -win for all shareholders.

Otherwise, they can deliver on their pervious 20M target in 2017 and collect their approved performance shares and then we will talk again.