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Ann: Wave II LIcensing Term Sheet Executed, page-18

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jasetheace40

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29/11/16

10:46

Post #: 20955845
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Originally posted by smac656 ↑

A reminder of what we know about Wave II from the Adelaide meeting :

In short, Wave II is a whole face applicator for anti-aging and toning. It is battery operated and it gently vibrates automatically when touched to your skin. It looks a lot like a car valve as seen here :

Its truly awesome. Jeff told a few of us after the Adelaide presentation that the SK-II buyers he met with were ecstatic over the device, and he believes everyone will want one. After holding it myself and seeing how it operates, I believe that too... Every frequent user of SK-II products WILL want this. I think if the device were sold on its own, it could easily fetch AU$80 to $120. BTW, it appears that the mechanical and electrical engineering of the design (in addition to the micro-array) were developed by OBJ, I say this based on Jeff being very proud of the engineering aspects and stating "we did this for them". Combine that with the recent statement from yesterday : "incorporates a number of new features developed by OBJ to further enhance the user experience", and I think its clear that we are due for a much larger piece of the pie when it comes to royalties.

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Is this the same device, taken from www.obj.com.au ?

OBJ Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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