You also forgot to mention that the last quarter revenue should be significantly more and unless we get the second tech signing before then, this is what I believe will push up the SP. I thought the last revenue was better than I expected. And now I expect a whole lot more with magnemask and its advertising campaign.
I know we are all upset about our low royalty rate, but it is nice to see all the advertising going on in a world market arena, associated with P&G. We pay for this indirectly by accepting a lower royalty, but they wear all the risk.
My personal business wanted to launch a significant medical product with a global company who had offered us a 2-3% return after all R&D , distribution, legal& development costs etc. They also told us it would be at least 3 years before we would see any income and could easily become outdated in that time. We abandoned the project....food for thought
OBJ Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
(20min delay)