hey johnny reb, in fairness to LH it does really feel like ‘Ground Hog day’, further, not sure if LH is really bagging P&G, Uni s etc but rather stating a rather obvious fact, much ado in the past/present and for nought till present date in regard to getting other apps in the market.
That aside, would be interesting to know the ROI for P&G on its investment in OBJ tech, costs recovered?, still experimenting with the wand apps for its products?, was there a demonstrable/significant, increase in sales for its products using the OBJ app since launching?
For certain it will be in their interests (P&G) to recover all outlays, and then?
Ref to funding by P&G; the resulting lack of a CR/s from that ....... what now? .... with those ‘many irons in the fire’ times each one with R&D, marketing and manufacturing costs funding will certainly see some delay in becoming cash flow positive anytime soon.
Unfortunately those ‘many irons in the fire’ have been a deadly ‘lure’ for many years to RIs to invest in this company, and arguably a 100% fact.
Bottom line may be the route of a significant CR and to implement two apps plus, ..... dilution will suck for sure but what are the alternatives to ‘fast track’ OBJ IP to the benefit of RIs in terms of sp appreciation?
In the interim the BoD loosen their belts and RIs tighten theirs up!, lol.
OBJ Price at posting:
1.5¢ Sentiment: None Disclosure: Held
(20min delay)