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retiredyoung

8,751 Posts.

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10/05/17

08:42

Post #: 24585882
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My expectations of higher revenue were based on ASX announcements, for example, from May 2016:

initial delivery of the first 200,000 devices to Procter & Gamble of products covered by these Licensing Term Sheets and Work Plans.

Expand

This initial part-delivery of devices will be co-packaged with P&G skincare products prior to distribution through P&G’s global sales channels.

Expand

The first shipment under the newly-executed Licensing Term Sheets represents only the initial stocking volumes in a much larger roll-out plan which will span multiple P&G brands.

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http://www.asx.com.au/asxpdf/20160506/pdf/43729274m1w4bh.pdf

Last edited by retiredyoung: 10/05/17

OBJ Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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