To my mind the only way we will achieve those numbers is if there is an upfront payment for our 2nd technology. Early comms indicated a $1m standstill payment around this time (I may be mistaken) but no further details were provided when the 2nd tech terms were re negotiated (in our favor?)
Without crunching any numbers I will be pleasantly surprised if we exceed $600K in this 4C (not including any standstill payment). 10c still a long way off but we should see share price appreciation with quarter on quarter revenue increases.
Cheers Unc
OBJ Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held