The CR failure of OBJ was the last nail in the coffin....

The CR failure of OBJ was the last nail in the coffin.
Shareholder update was not a good read, Southoz summed it up quite nicely.


I have moved my main funds away from PNO for a while now but sold the last trading parcel, I did still hold, some days ago.


OBJ can not come to rescue, it is busy rescuing itself, so it seems.
Legal costs concerning Novus best be avoided, but that means that there will be not much additional money in the kitty as many shareholders might want their money back from the failed CR.
This would stall our own product developments.



Overall, both companies lack transparency, enticing outlook and I'm in the process of thinning out my holdings in the sister company as well.



For me personally, June will mark the end of my investment in OBJ should material news not appear.