Ann: Letter to Shareholders-OBJ.AX, page-64

Good afternoon OBJer's,

I take this snippet from the latest letter to shareholders " The activities of the Company over the past two years have included the invention, patent application and development of several exciting new technologies and products. These could be commercialised and offer great promise to the future of the Company to sit alongside its present suite of technologies and products. These did not exist at the time of the performance rights that were granted to Directors following Shareholder approval at the 2014 Annual General Meeting."

Dissecting the paragraph above, if I look at DCE technology. It may not of been patented or commercialsied but by bloody hell the science behind the scene was happening well before 2014!  Our friends in England under scholarship money from OBJ were working on emulsions for the company.  So this is not something that has been plucked out of the sky in the last 24 months.  For the life of me I cannot find the researcher who did the work on OBJ's behalf as I have never kept verbatim records!! JTA,CMK, GBR or ABDM will be right over the chaps name!  So as far as I am concerned, this is captured within the 2017 $20M rights scheme, no ifs and no butts!!!!!

BG was well underway pre 2014....   The only aspect if anyone wants to construct a timeline of events, is the surface technology...

I will I had two letters arrive as a result of separate holdings...  I did not even open them, they were torn up and placed in the bin.  That might just sum up my sentiment on this current grab for rights by management and the con-tempted SPIN DOCTORING that is being presented to SH.


Jonty