The P&G deal was a dud. We all know that. It was orchestrated by a desperate and incompetent former Chairman. Sure, I can understand why they went as low as they did (1% of $180m worth of products incorporating our tech - still makes you cry) because they didn’t have any other option. They didn’t have the skills or experience to go it alone and bring leverage to the negotiating table. It was a complete rookie error!
The new board have come in with experience, looked at the $180m worth of product sold via P&G and knew they could make something of this poorly constructed set up.
I think they’ve done that and done it quite well to be honest.
Also, we have skincare back. It’s about to drop.
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