Interesting that P&G Connect+Develop have NO CURRENT NEEDS under 'Beauty and Grooming Innovations' & 'Household Care Innovations', but under 'Oral, Personal and Family Care Innovations', there are 17 CURRENT NEEDS and one in particular has me perplexed - Vitamin Minerals supplements:
https://www.pgconnectdevelop.com/needs/personal-and-family-care-innovations/
I'm not sure exactly what type of message this 'CURRENT NEED sends, but imo if P&G are interested in BodyGuard tech for their Vitamins, Minerals & Supplements businesses, then perhaps they wouldn't have this CURRENT NEED, which indicated they are still looking - as opposed to NO current needs for Beauty and Grooming Innovations.
The last we heard anything about Hot Dots/BodyGuard & specifically the Vitamins, Minerals & Supplements R&D, was a very brief mention in the 2017 AGM Presentation:
http://www.asx.com.au/asxpdf/20171109/pdf/43p31ghgdl938w.pdf
Then in the Investor Presentation 24/05/2017:
http://www.asx.com.au/asxpdf/20170524/pdf/43jgpclc7hls20.pdf
Then the 2016 AGM Presentation:
http://www.asx.com.au/asxpdf/20161028/pdf/43cf0fd6fsyr8t.pdf
Prior to this there was a bit of fuss in the 31/05/2016 Presentation:
http://www.asx.com.au/asxpdf/20160531/pdf/437lqg1m4z0st5.pdf
So what happened? Why are P&G still looking and is this further confirmation and credence as to the expiry of the Exclusivity in relation to BodyGuard? Does it have anything to do with what P&G have said they don't want:
'We are NOT interested in 'Opportunities which need to be marketed as pharmaceutical products, or require significant investment to complete their development.'
Something maybe to watch out for, is any connection between OBJ and Wild Nutrition Ltd, who our very own Steve Schapera is a non-executive Director:
http://www.asx.com.au/asxpdf/20170926/pdf/43mn98m2jn0fjr.pdf
https://www.wildnutrition.com/
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