Ann: OBJ and Procter & Gamble Execute New Agreements, page-15

60 cents would be the equivalent of 3 cents pre-consolidation, which is hardly an achievement; especially considering the fact that the reason we ended up @ 1.5 cents is because this deal has been humming along in the background in stealth mode...which explains exactly why OBJ Shareholders have been fed the bare bones of information for the last 2 years+, since SS has been on board...and further adds clarity as to why OBJ's share-price has tanked from around 5 cents to 1.5 cents ie ...lack of information and very convenient. Silence can be deadly for some and on the flip-side, can be a windfall for others. The BoD is relying on Shareholder naivety. And now Shareholders are made to feel that this is the only option. Logic would dictate that a CR would have been the preferred option for OBJ Shareholders, as opposed to mass dilution ie 75%. We could raise 30 million in cash with a preferred 50% dilution, without the need for debt and most likely be able to fund alot more than this deal will ever equate to. But then that would leave the new players with a smaller piece of the pie. It's not all bad, but realistically, the current OBJ Shareholder dilution on the table, smells like something that is generated from an abattoir.