What Could OBJ Be Worth, page-8

  1. 1,258 Posts.
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    attitudes,

    " $20 mil is expected"

    Let me remind you that this was an arbitrary amount that at the time it was published was given a 10% chance of success. So... "expected", I don't think so .... and the market is fully aware of that fact.

    Rebel, you need to adjust your calculations. That $20 million you base your assumptions on (apart from being highly unlikely) was an amount of revenue accumulated over three years, not a per annum amount. PLUS it was REVENUE not PROFIT (as you state). Huge difference.

    As usual the OBJ faithful are grossly over-estimating expected returns for the OBJ technology, based on incorrect assumptions. It remains highly unlikely that this company will be cash flow positive for this financial year. Again. Despite all the promise and carrot dangling there are still a lot of questions to be answered. The most important one being: "Where is the revenue going to come from that will justify a $136 million Market Cap?" AND...."When?" Even an "imminent" licensing deal will not produce revenues this financial year. Perhaps 2017 will be the "exciting year" that has been promised in every recent annual report.
 
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