First post so go easy! I'm excited about OBJ and almost...

First post so go easy! I'm excited about OBJ and almost certainly investing soon. Yes it has a heap of irons in the fire etc etc. But what concerns me is that of all the hype on this forum, it has one signed licence. Since this agreement in October 2014, the share price has steadily trended down. Assuming it signs another one of the imminent licence agreements soon, will we see a correlated increase in SP? What do licences mean without royalties? Also, can anyone explain why the company has increased revenue substantially in 2015 ( from 2014) yet made a greater overall loss and decreased its cash position? Cheers