When you visit a website called www.cosmeticsdesign-asia.com and type into the search engine - OBJ connectbeauty - you will find two articles. One from the 27/01/2016 and another more recent from 07/09/2016. Both articles feature ConnectBeauty and the more recent article highlights the Olay ProX Youth Activ Eye Restoration Complex with Magnetic Wand.........along-side further dialogue surrounding ConnectBeauty. Are these paid for Advertisements?
Both articles imply that ConnectBeauty has been launched by OBJ. This is new to me as a Shareholder of OBJ. Does it imply that ConnectBeauty has been 'launched' on a Business-to-Business basis, still awaiting a Licensee or Partner? This is the only logical conclusion I can come to.
BeautyConnect & Personalised Skincare gets a final mention by OBJ back on 31/05/2016 (and not since) in an OBJ Presentation. Considering OBJ Management have been calling the project BeautyConnect & Personalised Skincare up until this date, it begs the question 'Why do these articles keep referring to this program as ConnectBeauty?' And are BeautyConnect & Personalised Skincare two seperate developments in the 'digital product pipeline' or one in the same?
Then in the 2016 Annual Report on page 7, BeautyConnect disappears completely for us, to now be left with the 'OBJ Personalisation Skincare System' where OBJ are in 'early discussions'and it is to be 'developed in-house with later licensing to distributors'. Doesn't sound like any kind of launch to me.:
And now the last mention we received was on 30/01/2017 where it has now been reduced to 'New technologies' - and I quote where it currently sits according to OBJ Management 'The goal is to develop a new range of actionable technologies that include skin diagnostics, product recommendations and delivery of key active ingredients to suit individual needs.'
I thought what is high-lighted above in red is exactly what BeautyConnect, ConnectBeauty, Personalised Skincare or the OBJ Personalisation Skincare System was already supposed to do?
How can BeautyConnect, ConnectBeauty, Personalised Skincare or the OBJ Personalisation Skincare Systemalready be launched? This all still sounds like we will have a considerable wait. And if we do get a PDA, it sounds like we will still have a considerable wait as OBJ try to achieve their goal which is 'to develop a new range of actionable technologies that include skin diagnostics, product recommendations and delivery of key active ingredients to suit individual needs.' Cosmeticsdesign-asia website, seems to offer their readers alot more information than what OBJ Management have offered their Shareholders! I believe it was Longman who discovered that one of the devices at the Adelaide Investor Presentation has had Bluetooth connectivity. Cosmeticsdesign-asia told their readers, but it seems that OBJ Management never informed their Shareholders. Why? Why the need for OBJ Management to give this project 4 different names? Sloppy imo.
And Steve66 from the other thread - 'Ok cmk, I''ll bite. We just had the 4c and a SH update, what more 'communications' are you so desperate for?'
I'll give you a nibble back (no bite from me). I just want transparent communication on a regular enough basis that makes sense, consistently follows previous updates and indicates OBJ Management taking steps forwards on behalf on their Shareholders; without projects conveniently changing their names or completely disappearing into the void of no return - and not sideways or backwards. I want the same information as what random websites receive ie 'bluetooth connectivity', name changes and details, details, details! Recent royalty tap being switched on is exempt and another partner after 13 years wouldn't go astray either. How about you?
OBJ Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
http://www.asx.com.au/asxpdf/20160913/pdf/43b50yy75904fx.pdf
(20min delay)