WFL 0.00% 0.3¢ wellfully limited

thanks sellers for giving cheaper stock, page-3

  1. 5,330 Posts.
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    Hi Steini,

    "Same scenario like the previous years, the AGM gave hope and then nothing happens."

    To my understanding, during the 2012 AGM management advised OBJ s/holders that the year 2014 will be BIG, which admittedly back during that time for many of the patience s/holders in a stock which was stuck in a long term downtrend, it was not necessarily what most of us probably wanted to hear, however that BIG year promised by management is upon us now, and judging by the company's most recent reporting that same view shared by our directors back in 2012 does not appear to have changed in the slightest.

    Keep in mind that we are not talking about any non-binding agreements with the potential to lead into a binding collaboration agreement with a company not recognized by Wikipedia, which in turn may potentially lead into a non-exclusive licensing agreement with the upside potential (a very long way down the road) of producing up to $10m in annual revenue, which in turn has already seen over $140m added to the MktCap of that other company for which you heavily support and are currently invested...

    Indeed it was only in February of this year that OBJ Limited reported for the very first time in its 10 year history that it was actually finalising negotiations for licensing agreements which one may fairly assume is probably related to the world-wide exclusive licensing rights for all three of OBJ's core technology platforms for which the world's largest consumer goods company have already expressed its intention of securing.

    Worse case scenario, maybe the company will first announce the execution of an exclusive licensing agreement with world emerging beauty leader, Coty, in which case we are only talking about an exclusive 'binding' material deal with a partner only 10 times the size of the parent company to that subsidiary outfit Wikipedia have never heard of, for which our market have already added the value of $140m...

    Regardless of what is posted across HC we must appreciate the difference between a 'non-binding non-exclusive agreement' and 'multiple binding world-wide exclusive agreements'

    Thanks for your GL wishes, but I really don't think it's OBJ who are going to be needing it at this stage of its commercialisation developments, Steini ;)
 
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