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Awesome HOD close today! OWCP
I still cannot fathom the reason I-glow still exists on the I-hub message board. All I can say is SHxT flows down hill and we are on a definite incline to outer space!!!!!
$OWCP$$$$$$$$$$$$$!
Agreed, the whole sector is up BIG time, many way more than $OWCP today. But, one day in the next few months OWCP will surpass them all.
Pretty much sums it up ;) OWCP
FELLER, thanks for your response post.
Allow me to change one word in "Share Selling Scam". How about "Share Selling Plan"?
It's a challenge to choose words when one has strong feelings. And, our feelings are what makes us human beings who enjoy life because of feelings... and contrastingly different from inanimate objects around us in nature.
Actually being human means to have feelings whatever any human being feels.
"Scam" means something negative. It only denotes the feeling itself regardless of what really the situation may be. My approach to it is "let it be". Whatever the situation may be, one's true feelings are just an expression of one's feelings... provided it is genuinely felt, of course.
I some times wane and wax in philosophy. Could life be a scam?
Why would millions of newborns in poverty with no hopes of a good life, are born where they are born?
Is that a tragic SCAM on those were not born in affluence and extreme riches?
Go OWCP, scam or a well thought plan as a company!
People keep saying "Share Selling Scam" -- but doesn't that only work when the company is ACTUALLY diluting?
Company hasn't issued/shared new shares in quite a while. Obviously they raised funds in February because, you know, publicly traded companies with no revenue HAVE TO sell shares to raise money.
OTCmarkets.com showing 146,316,600 Outstanding as of December 1st:
http://www.otcmarkets.com/stock/OWCP/profile
10Q from September 30th: 146,316,600 Outstanding
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12381637
10Q from June 30th: 146,316,600 Outstanding
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12244229
10Q from March 31st: 144,819,287 Outstanding
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12077883
1,497,313 shares increased from March through December (so far). Oh, man. THE OUTRAGE!
(I remind you they added a new, veteran Chairman and an NASDAQ company experienced CFO in mid-year too.)
Prior to that, they announced selling 4,489,465 shares where they brought in $1,624,640 from private placement investors.
(Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11882510)
So, bottom line... I strongly disagree this could be a "share selling scam".
P.S. Page 19 of their Investor Presentation actually shows how much money is needed throughout the year for their research -- which, thankfully, is being done in Israel where it doesn't cost tens of millions.
(Source: http://www.owcpharma.com/wp-content/uploads/2017/11/Investors-Presentation-November-2017.pdf)
Good thing I like carrots. Yum. Sublingual just _sounds_ better than "the cream"... but maybe that's just me. All I care is that there are some fools greater than me that'll bid this up into the .70's. Booya!
HAHAHA! No, I guess it hasn't been trademarked (yet) but I can assure you the company named the cream, not me. Search around, you'll find it eventually.
AmericanBulls recommendation today (12/26/2017):
OWCP OWC PHARMACEUTICAL RESEARCH
Last Signal:BUY
Last Pattern:BULLISH THREE GAP DOWNS
Last Close:0.4350 Change:+0.0460 Percent change+11.83%
Signal Update:
Our system’s recommendation today is to BUY. The BULLISH THREE GAP DOWNS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.4050, and our valid average buying price stands now at 0.4060. The previous SELL signal was issued on 12/11/2017, 15 days ago, when the stock price was 0.4777. Since then OWCP has fallen by -15.01%.
Market Outlook:
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
Pattern Description:
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend.
..two words, "regulatory oversight", enter Mr. Yossi Dagan
"Mr. Yossi Dagan has extensive experience with Nasdaq-listed companies in various industries and provides financial, capital markets, accounting and regulatory expertiseto OWCP. Mr. Dagan has served as CFO of Top Image Systems Ltd. (NASDAQ: TISO), since 2015. TISA is a global company with operations in the USA, Israel, Germany, UK, Singapore, Japan and Brazil. Mr. Dagan previously served as VP of Finance at Kenshoo – an Israeli based global SaaS company employing 600 employees, as Corporate Controller at Imperva Inc. – a leading provider of cyber security solutions that protect business-critical data and applications, and as a manager at PriceWaterhouseCoopers.
Mr. Dagan is a CPA with a BA in Accounting and Business from The College of Management, Rishon Le’Zion, Israel."
http://www.owcpharma.com/our-leadership-team/
$OWCP
CanaPsor014 is the name officially (and for the first time) used by OWCP management in the November 2017 investor presentation (see the slide for cannabis cream product development timeline above).
Do some DD :)
$OWCP
Cramer said to buy it, about 15 months ago in one of his episodes........ they just have more public exposure, that's why there higher.
I would assume cnb having generated some revenue is one reason for the inflated valuation. One other observation I noticed is their very low volume compared to ours,which makes it a terrible stock to trade. Unfortunately for us flippers have done a number on our pps this year and as more holders come on board the price will surely increase.
..correct cream first, and secondWe need it to fund
That is how OTCM share selling schemes work - promise the psoriasis cream - efficacy report - safety study - don't publish any information then start dangling a new carrot in front of the shareholders.
Here is the latest carrot:
"OWC Pharmaceutical Research Corp. Announces Update on its Proprietary Medical Cannabis Sublingual Tablet"
"In December 2017, OWC Pharmaceutical Research Corp (OTCQB: OWCP) received a new permit from the Israel Medical Cannabis Agency [MCA] to proceed with the safety study of their oral disintegrating tablet. The study protocol will be submitted to the Institutional Review Board [IRB] at a leading Israeli academic hospital in the coming weeks."
Now the psoriasis cream giddiness (carrot) will be moved to the Sublingual Tablet giddiness (carrot).
IG
Sorry the name CanaPsor was shareholder created out of desperation - that isn't from OWCP.
The first post it appeared in was from you and you gave never provided any proof.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136141075&txt2find=CanaPsor
"CanaPsor. This is the FIRST time OWCP has actually put a name to the cream."
No, this is the first time you put a name on the cream.
I just did a Trademark search on the USPTO database and as expected Canapsor hasn't been trademarked.
IG
They named it CanaPsor. Do a little more DD.
Totally agree but that's farther out. Cream comes to market first IMO.
I think the sublingual tablet is the product that sends us to the moon, if there is substance and uniqueness in the patent. There will be applications everywhere for it, and they will have to partner with a major Pharma to produce enough of it.
..you're in Italy, right? Come visit me in the Garden State; we'll go bottle hunting or Rev war artifact hunting, We can talk bout our $OWCP investment. I shuffled .48's last week and this morning some .38's which amazing , imo. So I checked after work and bingo! TDA account is packed. Set full of 4's and 9's. BofA Merrill just getting started. Baby born Oct 4 2016 babay brothers added today! Proud Dad!
$OWCP
Now this is awesome news that you just posted fantastic I see owcp going to multiple dollars real soon.
That is odd the name CanaSpor seems to be a name you created - as OWCP still hasn't provided a name for the psoriasis cream.
IG
Securing patents to protect said product. Its coming!! Patience is virtue!!! $OWCP
Where are the published data from the psoriasis cream safety study - hell where is the efficacy report that was supposed to be available in late March - and still nothing published by OWCP except more pumping press releases and 8-Ks.
Remember on September 14th - Hirsch stated:
"Our topical cream for Psoriasis is market ready"
https://www.prnewswire.com/news-releases/owc-pharma-issues-chairmans-letter-to-shareholders-644386203.html
Odd that the psoriasis cream is market ready but the safety study hasn't been published.
3.5 months since Hirsch said the unnamed psoriasis cream was market ready - and still nothing but big talk.
IG
Article New licenses granted to OWCP for safety trial in Israel: $OWCP
http://mmjreporter.com/owc-pharmaceutical-research-corp-otcmktsowcp-gets-a-new-license-33543.html
Now that the feds have essentially given the green light to MMJ in America it would not surprise me at all if we find a major pharma company partnering with us to distribute our CanaPsor cream. Folks this could get explosive in a hurry after the first of the year.
OWCP has more potential and is further along. I really don't understand CNBX's valuation and think it's inflated for what they are. That said... it's all the more reason OWCP should be worth so much more.
Great job and very true. I would say though that CNBX isn't even close to being as developed as OWCP at this point.
The way OWCP handled itself at the end of q1 and throughout q2 has led to a lot of bad vibes. That said, new/improved/experienced leadership and revenue will heal all hurts and multiply those who take positions now.
Soon and patience.
needs sticky IMO
what is your definition of double green? thanks
Looks like we're due for a price adjustment any day now!
FAIR PEER COMPARISON
Once again, I compared OWCP with its two OTC-QB peers AXIM and CNBX based on today's close. I believe this comparison is as fair as possible since all three are MMJ companies, all are listed on OTC-QB, and all are pre-revenue.
AXIM Biotechnologies (AXIM)
Market Cap: $394 million
OS: 54.6 million
Share Price: $7.23
Debt: $0.5 million
Cannabics Pharmaceuticals (CNBX)
Market Cap: $170.9 million
OS: 119.6 million
Share Price: $1.43
Debt: $3 million
OWC Pharmaceuticals (OWCP)
Market Cap: $63.6 million
OS: 146.3 million
Share Price: $0.435
Debt: ZERO
An AXIM equivalent MC brings OWCP share price to $2.69
A CNBX equivalent MC brings OWCP share price to $1.17
A CNBX & AXIM average MC brings OWCP SP to $1.93
As you can see OWCP is EXTREMELY UNDERVALUED based on its peers.
It is just a matter of time that we go up and settle somewhere in between $1.25 to $2.50. And this is before any significant news, licensing deals, revenues, or TSX uplisting...
$OWCP
I agree on everything you said about OWCP. Doing the crypto thing to on a low scale for fun. FYI CNB! was up 35% today?? Think OWCP has more potential so I agree our time is coming. Not in CNB! just follow them .. Stay Strong OWCP
Haven't sold a share. Still here... just been taking a break from the board while I wait for my investment in OWCP to mature. Been doing some swing and day trading in crypto for fun while passing the time.
Hearing people freak out and bash OWCP for doing what they said they were going to do just because its not in a flipper ideal timeline got really old. After OWCP released their timeline and outline of steps I and many other longs know there is nothing to worry about and that right now is the best time to be in as much as you can afford to be. We won't be seeing these prices after the next few months are done. For myself I have all the OWCP I need to own to drastically change the timeline on milestones within my life. If it takes an extra month, quarter, or year I don't really care as long as we are making our milestones relatively on time.
Practice patience, stay calm, OTC is a wild ride but good companies with sound and protected IP prosper. I firmly believe that OWCP's silent period has allowed them to devote much more time to accomplishing key objectives and that there are many accomplishments which will be communicated in the near future. JMO
Super nice, indeed. Look at the heavy volume, too. Volume before price!! What short week between Christmas and New Year's??
$OWCP
Agree very nice close.
What I sold was a small part of my position. I'd be thrilled if it actually cost me more than what I'll gain in taxes when I repurchase in late January, as I'll have made a lot of money. In the meantime, the stock I own is currently in the black about a dime, so I doubt if I'll ever sell any more for tax benefits.
I really expect the big growth in the share price will come once it's announced that sales will commence, or have commenced anywhere in the world. I do not expect that until the safety trial ends in the first quarter, and I doubt it will come in January. I do expect we'll hear something new when the company speaks at the Wall Street Conference, but that's late February, and I'll have repurchased my shares well before then.
I agree that January should be positive for the cannabis sector because of so many State's coming on line, especially California, but the greatest growth will be in companies actually selling product. OWCP's future is in developing products and having others sell them. The beauty of what they're doing is the fact that in time their products will be sold worldwide, whereas most cannabis companies are working in specific places and will never sell to the world market. OWCP may never sell a product directly to a consumer, but with even a small royalty percentage for everything they've developed that's being sold could make far more money than any of the major cannabis companies that do sell directly to the consumers.
Studies will show how effective the OWCP products are, and I'm sure they all will have their niche, but I believe the cream will be huge for skin diseases, and the sublingual tablet will have many applications. The other products I've read about seem to me to have a lesser demand, but certainly could be money makers. I especially like the sublingual tablet because it provides an effect over a substantial period of time, whereas something like the nasal spray would be far more instantaneous.
I have no real knowledge that this is the fact, it's JMHO.
Gary
green day ... tomorrow, double green$$$$$$$$$
Before long major Pharms will be looking to jump on board it’s only a matter of time and OWCP is set right up for the present PPS to become history.
This is headed to dollar land, hope your tax savings will justify the gains lost from the most epic MJ bull market the US has ever seen
I've just sold a small portion of my stock for tax loss purposes, but I was very surprised to find a partial fill that took a very odd number of shares. I don't know why anyone would purchase 2313 shares, but that's what sold. The remainder has now sold, but question why the MM's deal in such increments. This purchase had Knight as the MM.
I would hope that at the end of January I will be forced to pay some more in buying back the stock, but I believe the tax gain will prove worth it, and it wasn't a major part of my holdings.
Frankly, this was the first time I've sold a specific lot of my shares and I found that selling a specific lot was quite easy through Fidelity, and I'm sure it's similar elsewhere. The law still permits selling specific lots, rather than FIFO, so if you have purchased share at a variety of prices, I'd urge anyone to find the highest priced shares they've purchased and consider if they'd give them a tax loss they could use. In my case they exceed the $3000 I can take in a year, so it works nicely for me.
Gary
Marijuana
Finally: War On Medical Marijuana Ends As Feds Lift The Ban
By
admin
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December 24, 2017
8758
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Eighty-five years ago marijuana was banned by federal statute and in the 1970’s marijuana was classified by the federal government as a controlled substance – drugs designated illegal, which could only be illicitly obtained. These drugs were often demonized as habit-forming associated with less desirable folks with addiction issues – not contributing to society – and the focus of the morally misguided failed federal ‘War on Drugs’. Interestingly, in 2013 according to a Gallup poll, for the first time some 58% of citizens supported legalization, yet marijuana is still on the federal controlled substance list alongside dangerous drugs such as heroin and meth. However, the use of medical marijuana has been approved by 23 states and the District of Columbia to help minimize the side-effects of diseases ranging from nausea and glaucoma to cancer and HIV/AIDS; used to treat ailments like multiple sclerosis and to help with chronic pain – but it was still banned on the federal leveluntil a provision that lifted the ban was “quietly placed in the recent spending bill” passed by Congress last week.
Despite the legalization of medical marijuana in these states and recent studies showing that it is not a gate-way drug – a drug the use of which leads to the use of other more addicting drugs – the federal government had retained the right to raid and harass medical marijuana dispensaries and prosecute their owners. This new legislation is a turning point in how the federal government views medical marijuanaand it had vigorous bi-partisan support.
Representative Dana Rohrabacher (R-CA), one of the bill’s co-authors commented:
“THIS IS A VICTORY FOR SO MANY. THE FIRST TIME IN DECADES THAT THE FEDERAL GOVERNMENT HAS CURTAILED ITS OPPRESSIVE PROHIBITION OF MARIJUANA”
On this historic move by Congress, Representative Sam Farr (D-CA) said:
“THE FEDERAL GOVERNMENT WILL FINALLY RESPECT THE DECISIONS MADE BY THE MAJORITY OF STATES THAT PASSED MEDICAL MARIJUANA LAWS. THIS IS A GREAT DAY FOR COMMON SENSE BECAUSE NOW OUR FEDERAL DOLLARS WILL BE SPENT MORE WISELY ON PROSECUTING CRIMINALS AND NOT SICK PATIENTS.”
This is a huge deal because up and until recently, Republicans have long been against any type of marijuana legalized, while Democrats have been in favor of relaxing the law. Fortunately, enough Republicans voted for the bill. Some have argued that the Republican change of heart is motivated by trying to lure the millennial demographic, “since the legalization of marijuana is a big issue with the millennials, So Republicans are now starting to ease up on their anti-marijuana rhetoric.”
It is also legal to fully purchase marijuana in four states for reasons other than medicinal use, but its full legalization is still prohibited by federal law. Bernie Sanders, who had sponsored legislation supporting states’ rights to legalize marijuana for medical use more than a decade ago, became the first candidate to endorse the full legalization of pot during the Democratic debate in October. Sanders rightfully seesour criminal justice system destroying too many lives by disproportionately mistreating non-violent drug offenders:
“I AM SEEING IN THIS COUNTRY TOO MANY LIVES BEING DESTROYED FOR NON-VIOLENT OFFENSES. WE HAVE A CRIMINAL JUSTICE SYSTEM THAT LETS CEOS ON WALL STREET WALK AWAY, AND YET WE ARE IMPRISONING OR GIVING JAIL SENTENCES TO YOUNG PEOPLE WHO ARE SMOKING MARIJUANA. I THINK WE HAVE TO THINK THROUGH THIS WAR ON DRUGS…WHICH HAS DONE AN ENORMOUS AMOUNT OF DAMAGE. WE NEED TO RETHINK OUR CRIMINAL JUSTICE SYSTEM, WE WE’VE GOT A LOT OF WORK TO DO IN THAT AREA.”
This is no doubt a turning point in legally allowing the use of pot to help people with legitimate medical needs for which the use of medicinal marijuana has been shown to provide relief. Perhaps, with the public in favor of full legalization of pot and politicians starting recognize how insidious it is to incarcerate non-violent drug offenders – principally people of color and minorities – full legalization is just around the corner.
$OWCP The pps is flirting with the HOD. Been a very nice day pps-wise and volume-wise. Not bad for the first trading day of the short week between Christmas and New Year's. People know a bargain when they see one; doesn't matter what week it is.
Yes starting with California in January. I'm diversified in a lot of marijuana stocks. Looks like 2018 is going to be fun.
I've used compounding pharmacies for a few of the drugs I've needed and while they're expensive, as they're not generally covered by insurance, but they seem to produce a quality product at a price that's still affordable. I don't know if our products will ever be taken to that precise a formulation. Rather I suspect that our cream, sublingual tablet's, etc will eventually be available in a variety of formulations and strengths, but it will take time to happen.
I do know that when it comes to things like I.V. chemo, etc. body weight and many other things are factored into the dosage. I would suspect that for many of the over the counter drugs we take body weight could be considered in how much to take, but for most of us at reasonably normal weight, the suggested dose is probably adequate. I would think that Doctors who have dramatically overweight patients would tell them if higher doses are needed to be effective for them. When it comes to prescription drugs, Doctors generally have many dose choices for the same drug, and of course they can also specify how much to take in a given day.
Gary
Nice to hear from you GG..Thought you left us..Hope your right on the listing..GLTU..LONG AND STRONG OWCP
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