Originally posted by smac656
There was absolutely no mention of E-skin in your reply to me smac.........only Dermaportation?!? Makes a little more sense now...maybe...lol
Because the various and confusing ways OBJ label their technologies is not that important to me. I
know that faceNavi is a powered technology that uses uses time-varying magnetic fields. Call it our "2nd technology"; call it "dermaportation"; call it "e-skin". Its all basically the same, but it
is distinct from micro-arrays - and that was my point of my first message.
So you're now casually inferring that it might still be called Dermaportation or e-skin or second technology :-} and that it is not really that important to the market in general. If it's important to me as a large shareholder, I'd suggest the Market in general would have an interest too.
Good pick-up anyway smac and I hope you are right that it is e-skin, because if you are not and it's the very same Dermaportation as COTY (with a minor modification), then imo it may indicate that COTY have officially left the building and once again OBJ management has chosen to ignore/back-door any update, based on the premise that the COTY 'Formal exclusive collaboration agreement' is not Material
or worthy of a Shareholder/market update.........two years between drinks is a long time in ASXland!
On one hand, It's fantastic that we will be launching a new product for Olay. On the other hand, it's also understandable why OBJ's share-price has dropped from it's highs of 13.5 cents over 4.5 years ago, to 2 cents today. Unfortunately, there is just not enough information released to Shareholders and the Market, including regular updates, regarding all projects, to allow for the making of informed investment decisions imo. We can all continue to believe and that's fine. But existing Shareholders will obviously not carry us up and away. Shareholders/Market needs revenue and Shareholders/Market needs explanations and timelines as to the current status of all past/present/future 'formal exclusive collaboration agreements'...no more fobbing off with weak excuses like the conference call. Surely I can't be the only Shareholder who recognises this. Too much technology platform multiplicity and no where near enough transparency to get a look-in from genuine new Investors. So it's Revenue the market awaits and it can't come soon enough!
(20min delay)