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Ann: Device Business Subsidiaries, page-93

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Pman

2,226 Posts.

236

29/05/20

13:38

Post #: 44919281
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Originally posted by Pman: ↑

Cash flow wise OBJ can tick along until the launch without a problem
about 2.2m in bank
1.1 a qtr on average, and
800k in royalties

will see them out until beginning of Jan

and another 800k from tax in the back ground

then it comes down to timing of launch and the type of launch

All we know is it is qtr 1 of 2020

My gut tells me they will fund it through placement to themselves to get the real reward for the hard work and time.

3.7m at .016c is 231m shares with a bonus option of another 231m executable at about .025c
If the price continues to drop and it may as people get nervous about cash more shares to them

They haven't come all this way especially Peros to not even get out of the starting block.

About the end of Dec they will make the move. Until then they will let it ride and see how nervous holders get. At .014 they pick up another 60m shares under my scenario.

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So how close did i get to the final deal

OBJ Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
10 Upvote

4 Great analysis

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