Ann: Results of 2016 AGM-OBJ.AX, page-82

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wolfofasx

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29/10/16

21:05

Post #: 20226212
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Originally posted by jasetheace40 ↑

One critical slide in the presentation that caught my attention is this one below. NOTE:

10 corporate entities who have expressed interest, to varying degrees, interest in bodyguard

1 corporate entity (not P&G) undertaking serious technical evaluation

It appears this will be a highly sought after application of OBJ's technology

I spoke with George Tsadilas after the meeting who is responsible for the Bodyguard commercialisation project. I though maybe, just maybe, he might be more forthcoming with info about where all the negotiations were at. I couldn't even get an acknowledgement from him that they are currently in negotiations/discussions with all 10 entities depicted on the slide. Obviously very secretive at this stage. I recall Jeff in his part of the presentation alluding to the fact that competition between some of these entities is extremely fierce - they basically hate each other and you couldn't some representatives of these corporations in the same room together without there being a bloodbath, that's how bad the competition is between them. Obviously that's all good for the company whose technology they're fighting for.

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you know what I see when companies are fighting each other for OBJ'S technology. Higher royalty rates for us!!!!! I dare say it would be GSK or RB in advanced talks, they wouldn't want voltaren, nurofen or panadol being beaten.
OBJ Price at posting: 7.6¢ Sentiment: Buy Disclosure: Not Held
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