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There's VERT on the bid and ask again.
WTF!
shame on me then shame on me
Hirsch didn't do anything stand up - the 8-K failed to address the most important issues in the SEC compliant.
The SEC states very clearly that OWCP was involved in the fraud.
"OWC provided an attorney opinion letter to OWC’s transfer agent from a disbarred attorney in connection with the issuance of OWC’s stock to Global."
"On June 12, 2017, OWC’s transfer agent relied on the disbarred attorneys opinion letter to remove the restrictive legend from Intiva’s OWC stock and issued a new “clean” stock to Intiva for deposit at the clearing broker for Spencer Edwards."
It is obvious the investigation into OWCP is just beginning. Friedland will rat the others out - that is how the Feds operate.
IG
u were up led by a FRAUD the company will succeed with strong leadership from honest men. It takes a big man to apologize hats off to you on that one. owcp will rise again
The cream is market ready.
Time heals and tells all.
The 8-K didn't address the part about OWCP providing a opinion letter to have the restrictive legend removed from the stock certs.
But the SEC made it very clear OWCP was involved in the pump and dump.
And that Friedland was involved with OWCP from the beginning.
IG
yeah and the SEC is going to love the emails I have from Smurlick stating how the crème will be market ready and all the other fluff he threw at me to get me to do private placement
A broker cant change the restriction, you need a TA for that.
I was one, watch it drop to near 1.00 before I sold
He may have saved us from a collapse, but the future delays are still gonna hold us back for a while.
Unless Israel reinstates their cannabis export plans. Seems Trump asked the PM to not allow pot exports to U.S. There are quite a few Israeli news outlets reporting this info.
...there isnt much going forward for 6-8 months to drive any significant SP growth.
Left 5 million on the table at $3 with 40k invested. How do you like me now? Marko!! $Owcp
It is going.
Possible 30 cents to 35 cents close today.
I think they will get back to the low 30's, based on the decent response from them this morning. Its after that level the problem resurfaces- there isnt much going forward for 6-8 months to drive any significant SP growth.
If any investor in penny stocks leaves $500k, never mind $1 million on table (1) they should be institutionalized or (2) take up water polo.
Good to see he recognized what was all on our minds. Now let's move forward with real announcements.... financing, studies, etc.
Let the chase bak to .30s and .40s begin!
I met him. Shook his hand. I liked what I witnessed is all I can say.
Yes. It's nice to see something done well on a timely basis, lol.
Yes without question.
Thank you Dr. Hirsch- a stand up guy
It’s a new chapter for OWC and we now at least have an answer for why the stock was being hammered.
Absolutely. 8k was what they needed to do formally but the PR is what gives the investors their confidence in this ticker back. This is clearly reflected in the share price compared to earlier this morning!
Sure? I predicted dip and green!!!
$OWCP Nice to see a green candle for a change. Capitulation may have finished yesterday (key words: "may have").
The 8K was weak. Good thing they came back with something stronger.
Yes, they screwed up a safety study. A safety study!
Phase 1 will probably take them 10 years.
funny letter to share holders... nice they confirm safety study is still underway lmfaooooooooooooooooo the safety study that was to be complete last July.....................................
But there's VERT back atop the ask and as .259's fill they still keep showing 10,000 shares on the ask.
VERT and PUMA back on the bid.
OWCP !! IM BACK NICE TO SEE NEWS LETTER !!
Good to see Dr. Hirsch communicating with shareholders in a timely manner. Management has definitely improved over the last year.
Now with this snake in the grass out of the picture hopefully we can have a steady rise again once this JF funk wears off.
https://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-issues-chairmans-statement-to-shareholders-300610781.html
$OWCP Long and Strong
Thank you Dr. Hirsch!
I'll give them credit for issuing the second statement.
This needed to be addressed.
Thanks for sharing!!
Crystal clear..
This is what investors wanted to hear. 8k was too formal. With this PR, Hirsch shows management’s commitment to protect shareholders and create tremendous value for them with what is coming!!!
$OWCP
PETACH TIKVA, Israel, March 8, 2018 /PRNewswire/ -- OWC Pharmaceutical Research Corp. (OTCQB: OWCP), a developer of cannabinoid-based therapies targeting a variety of different medical conditions and disorders, today issued a chairman's statement to shareholders.
In the light of recent events, and the numerous communications we have received from shareholders, I would like to address this statement to the Shareholders of OWCP (the "Company").
The Company is committed to building a leadership position in the medical cannabis market and to our mission of improving patients' lives through the development of new solutions, products and devices derived from and delivery mechanisms for the use of medical cannabis.
We have recruited a highly skilled management team with multi-year experience in medical cannabis, pharmaceutical development, corporate management and capital markets.
As we have stated in our 8-K filing of today, we are neither a party to the pending SEC action against a former adviser to the Company, nor is the Company alleged to have been a party to nor had any knowledge of the purported scheme by the former adviser, who is the subject of the SEC action.
The Company's management is committed to and focused on our development programs which are continuing as per plan. These include inter alia, our current safety trial for our cannabis cream; the approval processes to initiate a safety trial for our oral disintegrating tablet and additional pipeline projects.
As a management team, we are committed to building value for our shareholders though professional, ethical and strategic management of a technology platform that we believe will bring improved health and quality of life to millions of patients around the world. We have recently announced the addition of our new Chief Scientific Officer and we continue to develop the resources we believe will bolster our endeavors in creating a great company.
Yours sincerely,
Dr. Stanley Hirsch
Chairman of the Board
About
Didn't you guys realize this was a classic pump and dump penny scam all along? It's been over a year and nothing significant has happened except an SEC investigation. Yikes! Back to a penny haha
This will turn green!!!
Amazing 3.5M shares traded in 1hour and we are again above minimum ready to take off!!!
I bought in at $0.014. I sold about 10% at over 1000% gain for some nice profit. I have not sold anything since, and have no plans to in the near future. I may aquire more.
I would rather them not attend WSC .. its a bust all around
More shoes will drop and the entire Israeli scam will vanish.
Churning thru these cheap shares now. I hope by next week if not sooner we can stabilize and move northward, where we belong. The garbage is gone from OWCP and hopefully there will be no further actions by the SEC.
Very good post.Thanks for the clarity.
NICE! I find it crazy how we are so close to the date of the High from last year and now we are right at the 52 wk low... WSC next year should be tremendous!
Thanks to all on the board for their hard work and DD on such a shit topic.Also TY to kbaz and others informing the board the SEC was involved, simply upfront peeps and shared important information.As for OWCP management what a bad choice of employees ,you placed your investors in financial peril stressed our family relationships , and disappointed us.OWCP Learn from your mistakes , please treat us with respect and include us in future information or updates. Right now we are physically sick and mentally depressed because of purchasing OWCP stock.The only way to move forward is to get positive news out and continue to keep us in your thoughts.
I bought my first shares at .0312
1,247,021 bought; 1,538,780 sold
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