nothing to see here, page-3

Abdm,

I have to agree mate. I think that obj's body language is saying more than their announcements are.

As with nearly all spec companies, there is a significant requirement to market ones capabilities. So what happens once you have been noticed. Are you going to keep marketing at the same velocity. I don't think so. Why? because those organisations that have decided to pursue an agreement with you dont want that, for a number of reasons. Which is why I would prefer to watch the body language of a company instead of relying on for hot winded announcements aimed at satisfying short term and near sighted investors.

In the last couple of years OBJ has significantly dried up with announcements. Which is why I think we never been in a better position. Here is my take on their body language;

1. No indication of wanting to raise capital - extension of options, no capital raising activities

2. Significant reduction in announcements - Confidentiality announcements in play

3. Low cash burn - third parties funding activities,

4. Milestone reward structure of directors - 'Real' deals in the pipeline

5. Recruitment of industry professionals - Setting up for growth

I can think of a handful more I don't think there is a need to labour the point. In life I find there is more going on when less is being said.

The only thing I have no gauge on is when all this will transpire into something material. (not if but when).


Cheers