Ann: Wave II LIcensing Term Sheet Executed, page-24

Seems there are many market darling businesses with massive market caps without matching revenue, just visit the US.
No doubt the market is very fickle. Again where OBJ is concerned it's gone into a comatose sleep and is showing it no love. Market is content with it's MC value at the moment as it's stuck in the 7c corridor. The overvalued MC skeptics have given up and lost interest too, so even a good old OBJ P&D is hard to get going these days.
Going to need a new suitor/product or substantial revenue to get some interest in this baby it seems.