Why with OBJ do the product/technology "stories" always set the narrative.
This stuff has been going on for years amongst HC posters and creating a facade around the reality.
OBJ currently has one product/one customer/one revenue.
So who is the running the OBJ agenda?
1. Edwards - the founder of the company
2. Palermo - the company secretary
3. The Board
4. Peros
What does the company now represent?
1. A technology developer
2. A product manufacturer
3. A product marketer
4. What are their focus markets - hair, hygiene, skin, consumer products, cosmetics, applicators, knee guards, ankle guards, brain fades, magnetic teeth, ...........
5. A product distributor
What does the brand OBJ stand for - what is it?
Currently, on the surface, it would seem to be a company that has developed a technology and is endeavouring to sell that technology to be adapted to a range of products.
If the technology has that much value, why not have Peros set up his own company and pay OBJ a royalty for use of the technology in whatever products he wants to market.
Peros is been given a free ride at a salary of nearly $500,000 a year on the OBJ shareholders funds - if it fails - he moves on.
OBJ shareholders are left with what!
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Ann: Nutrition Systems Transaction Update, page-89
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