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879 Posts.

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05/02/18

01:59

Post #: 30812557
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Originally posted by hoofa ↑

I would not be so crass as to suggest how much money I have made from investing in OBJ, but it is substantial.

you call me a "bottom feeder" and you are dead right......

I buy before the herd arrives and sell when the hype is talking trillions.

OBJ had it all - magnetic technology, P&G collaboration, Coty in the wings along with their own knee guard product. imo after buying in around the 1 cent to 2 cent range - sold at .105c average. A very good deal.

Then came the crunch OBJ had to deliver the revenue numbers in the millions........it has not happened.
Today, no one can understand what the royality numbers are.....I do think even OBJ know...they will be told in due course what they can expect.

imo cosmetics is about marketing ever changing concepts eg ingredients, application methods, packaging, imagery etc.

It is a billion dollar industry based on the marketing dollar.

..........how long with the magnetic technology last, only until some organisation comes up with an alernative marketing concept.

Where does that leave OBJ......not sure,

Why did they not manufacture their own magnetic "wand" for cosmetic application and then approach all major companies within the industry. Then they controlled there own destiny.

Now, they may just turn out to be another small company trapped in the tentacles of a global giant. The one customer exercise is dangerous, particularly when you have no alternative. P&G know the situation. They are under no threat from an oppostion company stealing the the lead on the OBJ technology.

OBJ has no alternative. It is knife edge stuff.

Remember giants like P&G are ruthless. If the wand does not cut it................

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WOW! You are amazing and oh so clever.

OBJ Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

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