ethanwrain,
I just want to make sure you know just what OBJ (in the main) does and why we are here.
You stated :-
"what this is saying to me is the FMCG coy likes the specific theraputic agent BUT they're trying to improve the delivery system"
Of course the FMCG like the agent - it's their product, and one of their key products.
And the OBJ patch - well thats what it is - a delivery system. Noting more and nothing less. We are not backing OBJ for any agent it is producing. Holders are hoping it is as stated by OBJ and backed up from interest by 3M and the latest L.O.I. that the OBJ patch is a superior delivery system to others on the market.
.. merely that they are working together - which can mean that they are interested in the product "BUT ONLY IF" its delivery can be improved... to me the SOI is saying nothing more than they are still testing and that there is a chance they could still walk away.... not like the "implied contracts" that the LOI definition makes out
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letter of intent, page-5
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