With 2 new and additional sizable salaries to pay, which has now pushed the 'cash-flow positive' scenario a little further down the track (ignore the Chairman's salary as it is simply replacing Glyn's salary), OBJ need something of substance to justify the bolstering of the BoD. Increasing Quarter-on-Quarter revenue will certainly help if it is Sustainable; unless of course the SK-II Magnetic Booster and the Olay Magnemasks, which are deemed 'First Generation' products imo, are destined for the same fate as the original and first P&G SK-II static Magnetic Eye Wand...which is now defunct!
On the bright side though, OBJ should see ongoing income from the SK-II Face Booster & Olay Magnemasks for a while yet, in the transition to the 5 new products. Potentially in around 2 years time, OBJ should have at least 5 products on the market, even if we allow for the drop-off of the 3 above mentioned 1st Gen products. I'll take 5 Advanced Packaged/Integrated products over 3 1st Gen's any day of the week thanks! But at the moment all we have is P&G's assurance that they are forwarding the royalties for clipped tickets for stand alone OBJ applicators and promotional packages that include any OBJ applicator; which even Glyn & Jeff agreed is difficult for OBJ to monitor and reconcile.
We can hope and pray as much as we all like in relation to the plethora of other partners that have fallen silent like Nitto Denko, Pfizer, GSK, Coty (I won't go on...it is too painful), but the fact is, all we tangibly have at this very moment in time is P&G and the buck literally stops with them for now. A doubling of income for the next quarter to around 600K should be a nice indicator for the two 1st gen products on the shelves currently.
More of the same Product Development Agreements (PDAs), non-monetary collaboration agreements and undisclosed partner name carrot-dangling is obviously having Zero effect on OBJ's share-price, as the Market has witnessed this revenue-empty & Shareholder resource draining strategy for over a decade now. The Revenue Money needs to be on it's way and on it's way fast imo.
We need sustained and increasing Revenues from Integrated products that Consumers love. Once OBJ's tech is embedded into the Packaging, Shareholders imo should definately start to witness Q on Q growth. I just don't see it having any major positive exponential growth until Shareholders see these embedded/advanced packaged/integrated products and this continues to take it's sweet time with forecasts of 1-2 years being optimistic.
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