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Please .....a deep breath everybody, page-7

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objforever

1,526 Posts.

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13/10/16

14:04

Post #: 19833125
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Originally posted by teamwilly ↑

The activities of the Company over the past two years have included the invention, patent application and development of several exciting new technologies and products. These could be commercialized and offer great promise to the future of the Company to sit alongside its present suite of technologies and products. These did not exist at the time of the performance rights that were granted to Directors following Shareholder approval at the 2014 Annual General Meeting. In light of these recent advancements, the Board considers that the Performance Rights are an appropriate form of long term incentive to drive continual performance by the Company's Key Management Personnel.

Glyn is talking about NEW products here ... these have NOT been talked about in previous releases and AGM's !!! These products WILL have a NEW license attached !!! We keep hearing from Glyn that new partners are knocking on the OBJ doors......well maybe this is what has transpired from that .

The Board confirms that the vesting of the Performance Rights (and hence the issue of shares) is subject to the commitment of a third party to a new product licence by 31 December 2018 and further, subject to the share price of the Company achieving a 5 day volume weighted average price of $0.10 or more.

Where does it say the 2018 SP is capped at 10c or that the board is believing it will not be higher....Company achieving a 5 day volume weighted average price of $0.10 or MORE !!!!!!

Just chill everybody....you are supposed to be investors !

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Man you've lost it buddy. No one is saying anyone is capping sp at 10c in 2 years time.

If GD had any confidence in the sp in the near future he would place the 10c in the next 2 months not 2 years.

OBJ Price at posting: 7.0¢ Sentiment: None Disclosure: Held
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