How would Glyn know what the royalties will be on OBJ products when P&G dont know. Settle down it is just beginging it may take several years to predict the royalty streams and provide earnings guidances with any remote accuracy.
Standstill is just that standstill payments until they get to the second stage of second tech (personalisation platform).
OBJ only have to get over $3.5m to breakeven. What we know is there will be 4 wave products in the market by Q3 FY2018 on two brands with $12bn in revenue. It's very positive that the company will advance the news of royalties received before the 4C.
Wave 2 is the global and higher royalty product to be sold year round. We know 400k devices are ready to be dispatch once advertising material is completed. Wave 1 wand was only sold for a few months in a few markets.
Just relax the SP is not indicative of anything other than bad markets in general for small caps and severe anxiety in the Australian economy in general.
Its a very unique revenue stream(s) setting up with many other categories to come and largely recession proof. Because vantity is recession proof
OBJ Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
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