Ann: Presentation, page-22

"License (pending) by P&G for the Eye Wand across multiple brands & markets globally.  License (pending) for Wave II product by SK-II for global launch."

PENDING. This proves to me that the first SK-II was a true soft launch and licensing revenue will begin when we launch GLOBALLY. Not to mention the expected extension...

"Expected extension of the PDA for P&G for a further five years to be executed in April.  SK-II now planning multiple product launches out to 2021 based upon OBJ’s technologies."

and lastly, as other people have mentioned...

"License commitment for Eye Wand across a second P&G skincare brand (imminent)."

There's much more beefiness in this presentation to dissect but these are the things I believe that will force the market's hand in the short term With that said, this is just another chapter to turn the page of the OBJ book as I'm a long termer!