Hey Johnny reb, it comes down to trust, faith and patience, three things that are looking a little worn out and approaching ‘use by date’, lol, ... for some!
Trust in that ‘new’ mangerment are the real deal, faith that they are in actual negotiations with several entities in realisation of OBJ tech, for other applications other than beauty, and PATIENCE to wait till relevant announcement made.
Said it before, a sp sensitive announcement is the bottom line, company hype/vision/forecasts/spiel, HC hopes and wishes etc all for nought until that time, meanwhile, trust, faith and patience till then.
Do investors honestly expect the company to say ‘That deal fell thru, we are running out of money and we will need to do a CR, going it alone is our last throw of the dice, it will be another two years before we see sp appreciation, fund managers have reservations at this point in time and so on.
Temper expections, I believe the turn around will happen when OBJ science is implentmented in a second application, other than beauty, it would be a reasonable expection that this would then expand and flow on to other applications ..... the ice needs to be broken, imo, to validate this science. If I was on the BOD, lol, (me, a dumb ass!) I would be willing to accept a lower rate of royalty, for say BG, for the ‘break in period’, to get OBJ on the radar of serious investors.
OBJ story needs more substance, significant and long term on going revenue from P&G will keep the story alive for a while yet, imo, enough to prosper on or not? .....
Expand
(20min delay)