response from glyn this afternoon

Hi all,

I thought i would share a response I received back from Glyn today. The first part is my email to him.

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Dear Glyn,

Firstly congratulations on the PDA with P&G!

My question is in relation to talk of a roadshow at the end of this month? Is this the case if so with whom, and will this be announced to the public?
What is the reason for the raodshow? Exposure, Capitial Raising, partnerships?

Finally in relation to the perfromance bonuses, can you elaborate what milestones have been met and what these milestones equate in terms of revenue or upfront payment for OBJ, are the milestones only to do with P&G.

Again well done and keep up the great momentum that OBJ has shown of late!

Kind regards,
Daniel...

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Hello Daniel,

Thanks for your email.

The roadshow will be at the end of this month and will cover institutional investors and brokers. It will be a very torrid week so no spare time unfortunately.

The performance shares were issued two years ago to management and were in three tranches. Two of these three have been satisfied, these being the execution of a licensing agreement and achieving regulatory approval for a product.

Cheers and kind regards,

Glyn
OBJ Ltd