Heading in the right direction now, looking good
”The Genoptics Spot Pen was recently launched at Changi Airport in Singapore, one of the busiest airports in the world.This is a key milestone for OBJ in terms of delivering a greater return on the Company’s technology developments as OBJ, for the first time, will derive royalty benefits from repeat purchases. The royalty rates and payment terms for the new product remain confidential, however OBJ negotiated favorable terms including payment in advance, with an adjustment mechanism for over or under prepayment.”
and also...
Trade and other receivables $729,719
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Ann: Appendix 4D 31 December 2018, page-4
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