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23/04/15
17:02
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Originally posted by SDJungwirth
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Hi Jayste,
Steady the ship mate and put this into perspective. It's one product in trial launch phase with one brand. I think its a very healthy start to be honest. It takes time, but with the wand in full production and launched globally and a few additional products launched by SKII and Coty before the end of the year, this figure will grow exponentially.
It's painfully slow, but I am confident $10-15m will be coming through per year in the next 18-24months and a SP of 25-30c is highly possible.
To read about Body Guard is fascinating and it's difficult to know if it's progressing positively or not. That said, this is clearly the game changer. If the trials go well and an announcement is made to license this product then OBJ will be truly on its way. Perhaps another billion dollar baby for Glyn to put his name to.
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I posted this in another thread, but :
$88k cash receipts -
Bodyguard trial delayed.
"meetings...meetings...discussions..partnering possibilities.. 0 concrete stuff.
'COTY prototype complete' sounds like the only update.
Nothing else new.
We are in for a fall tomorrow.