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Ann: OBJ Licenses Second Technology to Multinational Partner, page-34

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Theabyss

1,821 Posts.

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27/04/17

14:14

Post #: 24301323
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Originally posted by Theabyss ↑

Really?

What does the below suggest to you then? Big difference between the previous statements around "commercials are in confidence "versus todays statement of payment upfront isn't there? if its paid then its reportable for a start.

" The partnering company will pay upfront and standstill license and royalty fees over the course of the period of the initial agreement"

"It is recognised by both parties that the new technology platform has been developed to an advanced state by OBJ over a number of years and therefore requires an appropriate license fee structure that reflects this"

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With the greatest of respect, perhaps a few of the older (stale) holders should reassess today's statement. It is different to previous in that it does state upfront payments. When have OBJ been paid upfront before?

SP will go up today.

Last edited by Theabyss: 27/04/17

OBJ Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
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