I am positive that was not the response HB got when he asked at...

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27/11/15

14:04

Post #: 16494829
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Originally posted by SDJungwirth ↑

Hi Glyn,

I hope you are well. Going by discussions following the AGM it would seem many have come away reenergised.

One question I am hoping you can answer though is why OBJ is unable to provide shareholders with a forward looking statement confirming when you believe YOY revenue gains will start to be realised. It would be difficult to understand how this would reveal any sensitive information, particularly if it were to be a broad as "Based on the progress made with current work programs, we anticipate substantial revenue gains to be realised in the second half of 2016."

I find it hard to see how this would disclose anything to partner competitors and was just hoping to understand more about your perspective on this.

Kind regards

xxx

GLYN'S RESPONSE (good enough for me)

Hi xxx,

Thanks for your email. As far as "reenergising" is concerned, OBJ is a very steady ship and it should achieve its goals of gaining multiple licensing revenues as well as commercialisation of our own product lines. This was all outlined at the AGM and shareholders will continue to see the progressive build up of the company's activities as we continue to build the momentum across both activities.

As was also outlined at the AGM, we cannot give guidance at this stage as we need to be more certain of the timings for earnings. We have established ourselves as being a conservative and rational Board and we do not get carried away with unsubstantiated forecasts. The forecasts will be what they are when we can be assured of the timings for their realisation.

Hope that explains things moving forward.

Cheers,

G.D.

Glyn Denison

Director

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I am positive that was not the response HB got when he asked at the AGM in private.

OBJ Price at posting: 5.2¢ Sentiment: None Disclosure: Held
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