hi b2r, cannot deny that is does seem very compelling, have been around for a little bit now and seen posts in the past, abdm contributions particularly, they were as compelling.
That said the company certainly has staff on board of a quality that was not there before, though as cb also mentioned this does not guarantee success.
On the matter of staff, who was the ex marketing guy from P&G that OBJ hired (?) fair while back?
Disappointing is the lack of market sentiment towards all this news, that sentiment which has, arguably, been right on the money for years.
Current BOD have not even been able to ‘spike’ the sp to enable a better bang for their dollar in a possible CR.
OBJ has a lot to prove, what may be very telling is where the sp will be at after a possible CR and if OBJ will be supported by sophisticated investors, who ‘may’ be waiting to buy in cheaper than current sp, IF they believe.
Would have liked to see just one app outside beauty to have been taken up by a major party, does seem to defy logic that all these parties have passed every single other app up.
Flip side on the coin is that OBJ has no alternative but to ‘go it alone’ because otherwise there would effectively be no company, OBJ need to show, imo, that their IP has substance and can be successfully commercialised after so many major parties have declined to move ahead with said IP.
Expect cash burn to be considerable from here on in, perhaps very telling also will be when this all happens; if soonest than there has been much preparation in the background, if not??
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