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This is Big....Just read it and let it soak in..
The technology behind the Tablet is protected and provides for the ingestion of virtually any dosage of medical cannabis with a sublingual delivery mechanism, whereby the compounds are absorbed directly into the patient’s blood through the oral epithelial tissue. The Tablet also enables physicians to safely and accurately gauge and monitor the dosage and treatment of each individual patient, something that is essentially impossible to do for patients who administer cannabis by smoking.
The Cannabis Tablet avoids all the disadvantages of smoking regular tobacco products, including the danger of lung cancer and general damage to the respiratory system, produces no significant smell, and easily delivers its payload in fixed dosages.
The sublingual Tablet will be indicated mainly for chronic pain patients suffering from diseases such as Fibromyalgia or neuropathic pain and PTSD patients. The Tablet dissolves within the mouth allowing it to absorb through the oral mucosa and thus skips the first pass through the liver and has a faster response time than regular tablets or pills.
Long-Awaited Update Boosts Shares of OWC Pharmaceutical Research Corp (OTCMKTS: OWCP)
By Michael Luke - December 27, 201790
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It has been quite some time since we last mentioned OWC Pharmaceutical Research Corp (OTCMKTS: OWCP) here on Street Register, primarily because of the unfortunate fact that the company hasn’t been in the habit of issuing regular press releases in the latter half of 2017.
It was early this summer, the last time the company was communicating with shareholders with any regularity. Perhaps it is no coincidence that shares of OWCP failed to breach their fifty day moving average even once between the months of April and October. But an update from the company has helped turn things around recently, and that’s what we’ll focus on today.
For those of our readers who don’t recall, OWC Pharmaceutical Research Corp (OTCMKTS: OWCP) through its wholly-owned Israeli subsidiary, One Word Cannabis Ltd., conducts medical research and clinical trials to develop cannabis-based pharmaceuticals and treatments for conditions including multiple myeloma, psoriasis, fibromyalgia, PTSD, and migraines.
The beginning of a rebound on the chart stemmed from OWC recently announcing that it had received a new permit from the Israel Medical Cannabis Agency [MCA] to proceed with the safety study of their oral disintegrating, sublingual medical cannabis tablet. The study protocol will be submitted to the Institutional Review Board [IRB] at a leading Israeli academic hospital in the coming weeks. The study is scheduled to begin in Q2 2018.
In October of 2016 OWC announced that it had completed the development of a proprietary cannabinoid-enriched sublingual tablet for the administration of medical cannabis. The Tablet constitutes a smoke-free alternative for patients using medical cannabis.
The technology behind the Tablet is protected and provides for the ingestion of virtually any dosage of medical cannabis with a sublingual delivery mechanism, whereby the compounds are absorbed directly into the patient’s blood through the oral epithelial tissue. The Tablet also enables physicians to safely and accurately gauge and monitor the dosage and treatment of each individual patient, something that is essentially impossible to do for patients who administer cannabis by smoking.
The Cannabis Tablet avoids all the disadvantages of smoking regular tobacco products, including the danger of lung cancer and general damage to the respiratory system, produces no significant smell, and easily delivers its payload in fixed dosages.
The sublingual Tablet will be indicated mainly for chronic pain patients suffering from diseases such as Fibromyalgia or neuropathic pain and PTSD patients. The Tablet dissolves within the mouth allowing it to absorb through the oral mucosa and thus skips the first pass through the liver and has a faster response time than regular tablets or pills.
Commenting on this milestone, Dr. Yehuda Baruch Director of Research and Regulatory Affairs at OWC stated: “We greatly look forward to introducing this breakthrough tablet to the marketplace after completing our testing. The preliminary results with the Tablet have been promising and we are eager to provide patients suffering from debilitating chronic conditions with effective non-opioid solutions.” (Source: PR Newswire)
OWC plans to issue additional updates on its continued research and further developments in early 2018. We will be anxiously awaiting another update, and hope that the company returns to regular communication with its shareholders in the new year.
Their is certainly a need for additional funds in virtually any company that's in a similar developmental stage, and issuing more stock is always a possibility. The company has other possibilities as well, largely with licensing products for sale by other companies either on a regional basis, or worldwide. Any such agreement might be for a single product, or virtually everything they're developing. Such an agreement might bring in substantial funds, or perhaps would take over all trial costs, or could be anywhere in between. The point is, they could be working on many different options.
As I see the OWCP operation itself, it's a low cost operation. I believe all those working directly for the company do so on a part time basis, but I suspect that at times that might be well over 40 hours a week. I believe that many of them are compensated far more in stock than in salary.
I'm not suggesting that they'll continue to operate indefinitely in this manner, but growth in the company might not occur until product sales are actually generating revenue. It's also my belief that with their relationship with hospitals and others in Israel, they can conduct trials and do other research there rather inexpensively. The need for substantially greater funding will come as they get into larger Phase 2 and 3 Trials and especially when trials become multi-national and especially when the come to the U.S. I really don't know that this will happen before they have some sales revenue unless a partner is initiating and funding those trials.
I'm not saying they won't be fundraising in some way, they will, but they may not need nearly as much as we'd think while trials are small and being conducted in Israel.
Gary
Oh yeah? Btw very good call on the death cross last week, LOL
Price is over 40% up from there!
$OWCP
I think the golden cross will be followed by huge pps increase.
If I’m not wrong, last time we had 50 dma crossing 200 dma in a bullish manner was in November 2016, right around the election date. We all know how the pps shoot up from there to multi dollars :)
We can soon see a similar move following the golden cross!
$OWCP
There are higher bases every month in anticipation of breakthrough news. Considering both Dr. Baruch and Dr. Rozenblat stated in 8k's that "the tablet and cream were breakthrough products," the end result is going to be huge. Owcp is going to have one of the next blockbuster drugs and one of the first ever in the medical marijuana space.. Either the tablet, cream, or multiple myeolma drug will take this company share price soaring. We only need one to go big, but we have 3 with huge potential and all showing promising results. And all of them are, or are soon beginning clinical trials after rigorous preclinical trials. A $3 billion dollar market cap like gwph would be around $21 per share. When comparing owcp and gwph, I think owcp could get to this share price and beyond pretty easily with the pipeline and proprietary delivery systems. The medical marijuana market is booming and owcp is going to stand out when they publish results and be one of the first companies ever to create drugs like theirs. I'm all in because this is a no brainer.
Owcp is ready to go parabolic, .52 break sends it! Hold on tight to your shares it will not fall back this time, dollars are calling soon. Imo
Human skin does indeed have CB1 and CB2 receptors. I refer you to PubMed for a study conducted in 2005. Google for the details.
Cheers.
No doubt that gap gets filled. .70 first then .43
Rofl profitable scam whats next OWCP may make claims that the skin has Endocannabinoid receptors lol.
Thank you for your thoughts. I always enjoy your posts. How about cash on hand and an offering? Its been about a year since the last fundraising, right? With the timeframe taking longer than many of us thought, are we getting close to needing to raise funds to get us to the promised land? Make no mistake, this is my favorite stock and believe we will get there. I'm trying to recognize near term risks as opportunities to add more. Booya
Thank you. All of you longs are in line for freedom of choice.
GLTA
Wow Loading time tomorrow! How I miss this
Congrats to you money2013.
That is awesome!
$OWCP$ investors have Big surprises coming!
Great news money2013. I am very happy for you! My early retirement will happen next year thanks to OWCP!
I forgot to add "WOW, JUST WOW. "
Stockfan check this out. On March 19 I resigned my job and boss and I agree to continue till December 31st (This Sunday). Yes, my desicion was largy based on OWCP's return plus of course other accomodations that I have placed and are working out real well.
So, I would say to the investment community, that OWCP is about freedom of choice and potentially early retirement.
You'll see me around more often in this comming year as we continue to disect what the investment community is talking about.
Un abrazo and Happy 2018!!!
Yup!!! Excellent day today ladies and gents can’t wait till we’re 10x higher again. $OWCP
Fact: marijuana prohibition ending.
This is HUGE!
You cannot invest relying on past history of any MMJ past stock performance.
We are in uncharted waters right now!
Lol
God bless America
$OWCP$
I hope so. I'm not being negative I closed the day with 95% of the shares I started with today
I'm just pointing out the history
I skimmed a little off owcp cbis and hemp T the end of the day in case I can buy in cheaper
What is the investment community commenting today? Have you heard?
I think you're right that with absolutely no news, the gap will eventually fill. The question is, how long will it take, and what happens if their is news.
I'm not a big believer that all gaps fill, but when they don't I believe that technicians can generally find a reason why they don't, so it doesn't violate their rules. I can live with that.
I believe that by the end of January if it hasn't filled, their will be sufficient reasons for it not filling that most technician would say it won't fill, in short it would be OBE.
The technicians I've met and respected felt the same way about gaps in the down direction, though in some cases when caused by some really bad news they thought they'd fill, but it might take year's, even decades. To me, gaps either direction could be OBE and if so, they have no influence on whether they ever fill or not, though at some point they may do so. If they do, it's not because their was a gap, it's because either sufficient bad news brought it down, or sufficient good news brought it up, but I know the technicians will say it's because their was a gap.
I believe that if you see OWCP selling for $1 or more, you'll never see $.435 again, that I believe is where the gap occurred.
Gary
I think we will be getting longer rallies now Rguy
Not at all what I'm talking about. Our up wards moves have been coming I'm 3 or 4 day spurts then sells off for 3 weeks and forms a higher low
It would be cool if it was a longer rally
Gary - thanks fr your response.
My belief is you set an 'in and 'out', however you can adjust that as you go. So if my current 'out' is $5 and through my DD i determine at that time the stock lots of oomph to go (eg. announcements of upcoming safety and/or clinical trials etc.) i will adjust my 'out' upwardly
i think the major point is, responding emotionally at any given time can pay off, however more than likely will cost you some further profits.
As per holding onto this for life, I see that strategy but in my case it would undermine my desire to financially independent and allow me to be in the employ of myself :)
Hugs brother. Go BVTK go!!!!
Honestly I do think something big is up no big pharmaceutical would want to lose out !! You change with the times or you lose out BIG !
OWCP 2018
With a beautiful
Big Bang
Fireworks
Now the questions who’s involved ?
$$$$$$$$$$
Shorts took off: Only 7K shs shorts Dec 15. Whereas on Feb 2017 2.9Million shares were short: http://otcshortreport.com/company/OWCP (click on equity short interest)
Shorts got out of the way of news, and bull market ahead.
Rufus,
I can agree with what you're saying, though my strategy is somewhat different. If things go as I plan, I'll hold the stock as long as I believe it's potential of increasing substantially each year is good. If it continues to impress me in that way, I'll hold it the remainder of my, and probably my wife's life and pass it on to my kids who'll get it tax free at what it's worth at that time unless they change the tax laws. I'm about to turn 75, so we're probably not talking about that long, a quarter century at most.
If I'm right about the stock, and I have high 6 or 7 figures in equity, I'd have no qualms about purchasing perhaps a new, ideally self driving car in a few year, and doing it on margin, without selling a share. I'm uncertain if margin interest will remain tax deductible, but regardless I'd use it, or perhaps write covered calls to get the cash sufficient to purchase a car without bothering to finance it. Likewise if I wished to travel, etc.
I'm not saying this will be the case, if their is a point where I no longer believe the company will grow at acceptable rates I'd sell some, or all of it, but with tax considerations I'd have to be convinced it's the right thing to do. I would also have no qualms about using margin to buy into other investments, but again, only if my total margin only represented a tiny portion of my total equity. Right now I'm about 50% in cash, so margin isn't even a consideration.
If you're young this may not be a strategy worth considering, but at my age if this and other companies I'm in continue to look positive, I really don't know why I should set a price now, and be out when I reach that price.
Gary
Does anyone think the Dow whisper Pfizer, wierd 8k thing is still a possibility?
OWCP Patent Process links:
World Intellectual Property Organization
https://patentscope.wipo.int/search/en/result.jsf
European Patent Register
https://register.epo.org/smartSearch?searchMode=smart&query=one+world+cannabis
IP Australia
http://pericles.ipaustralia.gov.au/ols/auspat/quickSearch.do?queryString=one+world+cannabis&resultsPerPage=
Canadian Intellectual Property Office
http://www.ic.gc.ca/opic-cipo/cpd/eng/search/results.html?query=one+world+cannabis&start=1&num=50&type=basic_search&newSearch=0
Israel Patent Office (click English in top left)
http://www.ilpatsearch.justice.gov.il/UI/RequestsList.aspx
-search "One World Cannabis" should be at least 4 filed in Israel database
Investor Presentation
http://www.owcpharma.com/wp-content/uploads/2017/11/OWC-Investors-Nov17.pdf
And, it felt SOOOO good! 18% up TODAY without even any news!
No Targets, plenty of upside on MCAD, bullish convergence of averages, including golden cross.
Accumulation/Distribution strong. This will trigger a dramatic breakout. Get your tickets!
Do you all think we close that gap before we touch the 200 or do you think we touch the 200 first and then close the gap?
I believe we will get up above the 200, and I believe that we will have a golden cross and a great 2018. But I think that we're going to close that Gap and I think that we're going to at least bounce off a 200. Unless there's definitive news, then all bets are off.
Also, since we haven't had any shares sold into the market for a while, has anyone seeing how we're looking from a cash on hand perspective? That could be what's been holding us down relative to the rest of the sector. Maybe people are waiting till after the next offering and then the price will skyrocket.
Today sure was enjoyable. Booya!
After waiting for an extended period of time investors become impatient for good news and an upswing. Human nature especially when we've been sitting on an overall downtrend. We also begin to wax on about further increases, such as, this stock will go to $50 in 2018.
One of my rules for trading is, have an 'in' and 'out' for every play regardless of what you hope and dream of for the particular stock. If your 'out' is $50, great! Hold on until then. If it's not and you simply want to see $3, then it doesn't matter if it goes to $50.
Dream. It's fun and affords beautiful sedans in your driveway, and mansions in upper New York State. But be rooted too and very clear on your goals.
Go OWCP!!! A fun stock with moxy.
To what pps thoughts?
good call on the .50 more to come by friday I feel we will pass the .56 recent high
Yup if your not in OWC right now you will kick yourself ever 5.00 we go up owcp is not a flipper it's a hold with a death grip for big players are coming.
I still get to keep the $7900 my shares went up today, right?
Thank goodness!
cross-listing, a jv with a big co., and the p/e ratio of mmj stock sector- which is usually much, much higher than other sectors, can send owcp into higher heights than we think--
at least my opinion is that... a few years ago(different industry, yes).. qcomm flew to $600 pps..
owcp-mmj sector will be flying 2019-2020...not $600 pps for owcp but 40-50 pps is possible...
imho,that is...
AGREED 1,000% IMHO - $$$$$ OWCP
There are about a dozen different pieces of news that could, and will send this ticker to multiple dollars in a heartbeat. If you don't know what they are then do your DD. I think we will hear at least 1 of those pieces of news in January.
So after these nice moves owcp has not been getting very nice follow through
Hopefully things change this time but beware
Gaps fill EVERY time. Its not if but when. Look at the chart over the last year. positive though is that even if it fills its still bullish. Should pull back, bounce off the 50 and 50 should cross at that time and should take off. could be a great % gain from off that 50
We know what we own!
Go OWCP!
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