I have been reviewing again the Shareholder Update on the 25th Oct 2010 and the following statement caught my attention;
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OBJ entered into a Material Transfer Agreement (MTA) in November 2009 which enabled the exploration of OBJ's eM‐patch magnetic enhanced drug delivery technology. The MTA
was extended in January 2010 to allow sufficient time to conclude their internal evaluations.
This program of work is now complete and the other party to agreement has reconfirmed its interest in OBJ continuing to recommend that party as a potential contract manufacturer for magnetic arrays to interested partners.
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Could the next announcement be to do with the eM patch and the final conclusion of the extended evaluation period? .... It just seems likely to me that an evaluation period which was extended in January 2010 would take a 12-month period... hopefully we could be only a week or two away from an announcement...?
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I have been reviewing again the Shareholder Update on the 25th...
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