It would appear as though the market was right this time round Lionheart. I continually questioned why the SP continued to show no growth and instead continued to decline. Its clear that management of past had no clear vision for the company. They always knew of the potential and their R&D was second to none, however the business aspect was extremely lacking and the SP lays that bare. We needed a Steve Schapera back when we were beginning our transition to the commercialisation phase where the company started to draw up licensing agreements and an overarching PDA before beginning to sell the products that they had so long been developing and starting to envision how they were going to build the company to fully realise its business potential.
I see the actual commercialisation phase of the company beginning with Steven Schapera and it being further bolstered with the new chairman expected in the next 5 weeks. I believe that finally we have the vision and man power required to fully realise the companies full potential (hopefully the two final pieces that were missing from the puzzle). Steve sees the need to have another business hub in London to be closer to the action, it has my full support of course it will take time to build. It will be interesting to see if in the future when the company is structured with the 5 business units and the market is aware and up to date with each that we will see SP appreciation when positive news is released as it will have a material affect on the company like the good old days, in other words the market finally taking OBJ seriously. I'm getting ahead of myself, we shall see but at the moment i'm happy to see how Steve will tackle OBJ especially when his initial investment has almost halved in the time that he has taken the helm. Interesting times ahead to say the least.
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