Announcement, page-94

From my understanding from Glyn's email last week there won't be any upfront payment from P&G for the SKII wand only royalties from each unit sold. Olay and Coty could be different as we haven't been told.
Waiting 90 days and then possibly another 90 days before revenue is seen could be next year before anything hits the books.
10% chance of $20M by Nov 2017 is looking spot on imo.
Even if we do see $20M by then with a P/E ratio for the sector of 15.8 the sp will only be 18c.

Of course BodyGuard could throw all this out the window.