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I’m confident they will. Very happy to read in the 4D the...

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opel24v

8,971 Posts.

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24/02/18

11:11

Post #: 31310953
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Originally posted by smac656 ↑

"My concern is that P&G have 30 months to get product on the shelves (as stated in OBJ's conference call) and then OBJ can offer it to someone else. Sounds as if OBJ locked into this 30 months and we can't do anything about it. It'll be all over red rover if we are tied up for 2 and a half years."

I imagine this is exactly the kind of thing Steve Schapera and the new board members will be looking at. If P&G want to take 30 months to produce a product... then fine, but they need to pay handsomely along the way. And not just a few hundred thousand a year. 3 to 5 million is more like it. That's not outlandish. Its actually the norm, particularly when you lock in exclusive rights. The fact that OBJ has given away exclusivity to their microarray technology for nearly four years with little or no compensation other than meagre product royalties is disgusting. Steve Schapera and team.. fix this!

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I’m confident they will. Very happy to read in the 4D the reasons for the delay in signing the latest agreement with P&G.

OBJ Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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