One World Products Inc (OWPC)

[JimmyTwoTimes]

Waiting on the next shareholder letter by Isiah, maybe next summer? Regurgitating the same stuff I would imagine. This is embarrassing

[tbattaglia]

Ok yes i see it now:

"Common stock issued to debt holder in escrow, to be cancelled" 10,394,610


Was this issued for the same Debt?

"Common stock issued pursuant to debt modifications" 10,971,000

[sello]

In the 10-q. They were commitment shares for an extinguished loan.

[tbattaglia]

Without knowing the reason its hard to see this as a positive or a negative.

[sello]

10 million+ shares taken back.

[highfeather]

The news didn’t move the needle much. Need start producing some decent revenue before the sp will really move.

[sello]

"We have completed the acquisition of a new colombiam subsidary."

This was supposedly going to be a renevue generating company that is fully licensed and operational.

Maybe we can get some specifics when the public float is 10 million.

[JimmyTwoTimes]

We have acquired another Colombian subsidiary with the intent to operate within the INTEXZONA free trade zone in Cota, Colombia, near Bogotá, which has all requisite licenses for the cultivation, production, distribution and export of cannabis and hemp infused products, and will serve as the Company’s primary base of operations in the Colombian market.

[JimmyTwoTimes]

Bout time wit the 10q!

[JimmyTwoTimes]

Timber!

[JimmyTwoTimes]

News: Isiah now claims that he did not freeze out Michael Jordan during the All Star Game in 1985 and has video proof to back this up. Thinking this info may help move this ticker now that this information is out for the public. Thanks Isiah, I love how you use your social media platforms to help this stock and your shareholders! $OWPC

[ChiefZ]

So based on the PR they are now looking at the end of the year...smh

[JimmyTwoTimes]

Not really seeing any significant buys here lately

[JimmyTwoTimes]

True, any clues to why? Just so their buddies can grab cheap shares?

[sello]

Meanwhile, the public float has gone from 37 million in November to 23 million in May. Almost looks like they want retail to sell.

[JimmyTwoTimes]

Yeah they were in “the process” of acquiring another company months and months ago yet there is no mention of this. Now they are looking to “negotiate” lease agreements on a new facility. What does that even mean? A warehouse has a space that fits what OWP needs and they are trying to save a couple of hundred dollars a month in rent. Isiah is full of shit and an absolute joke of a CEO!

[Justin510]

Agree whatever happened w them
Buying out another company near the airport

[JimmyTwoTimes]

The only positive from this pr is they finally communicated to shareholders. Unfortunately, nothing shared is new information and Isiah continues to regurgitate the same shit and continues to push back any real revenue or production further back. Expects to file the 10q in the coming weeks! Why so long? It’s already well overdue.
I really screwed up here with trusting things this CEO said and timelines that were laid out here. Carbon credits, Stellantis, sport energy drinks with PBIO, Colombian coffee infused with cbd, and the list goes on and on. Not into this new facility until the 4th quarter? That probably means not until next year with the way this company does stufff and misses timelines.
I am done here as soon as I can get out with the smallest profit. Luckily that will be in the mid 5’s here, but who knows when this stock price will ever go up. No interest in buying here.
I wish everyone holding here the best of luck but imo I don’t see things getting much better here until a ceo is hired here who takes this job seriously and not as a part time job.

[JimmyTwoTimes]

I did not receive this either. Don’t think the company has been enjoying my messages to them, especially the ones recently.

[Justin510]

https://ih.advfn.com/stock-market/USOTC/one-world-products-qb-OWPC/stock-news/93942165/one-world-products-inc-issues-shareholder-update

Pretty sure these guys blocked me. Didn’t get this email send to me like I usually do and I was blocked from emailing them when I tried to a few weeks ago.

Did anyone receive this from
Their email Alerts?

[Justin510]

https://ih.advfn.com/stock-market/USOTC/one-world-products-qb-OWPC/stock-news/93942165/one-world-products-inc-issues-shareholder-update

Pretty sure these guys blocked me. Didn’t get this email send to me like I usually do and I was blocked from emailing them when I tried to a few weeks ago.

Did anyone receive this from
Their email Alerts?

[CormoBison]

The only thing that gives me hope here is Isaiah is still putting his reputation on the line by being the CEO of this company. If it was going down in flames, I'd be looking to separate myself from it, not promote it. Now, his "Hemp is the new plastic" seems to have died a silent death.

[JimmyTwoTimes]

Interesting how the share structure has been updated today with Outstanding Shares of 114,724,529 as of 5/29/2024.
Why 104,329,919 listed on the late 10k and OTCQB certification which shouldn’t have been filed because they weren’t current with all disclosures to SEC. Strange

[MoneyForNuthin]

Okay, the definition of capitulation right there. You have to do what's best for you. - Best

[JimmyTwoTimes]

Can’t blame you honestly. Constant delays, excuses, no communication, repeating the same thing for years now and little to nothing to show. Two things specifically are keeping me here for at least a little longer. Joerg Sommer by my accounts is legit, intelligent, and has proven in the past that he can get things done for up and coming companies. I think he values greatly his reputation and has some nice monetary incentives to make this work in spite of Isiahs laziness and lack of leadership. The other thing is the investment that Isiah has made to date and John McCabe gobbling up shares like crazy. Add that to the fact that we have a 23 million share float and I have seen in the past this thing move like air. IF things get going here, I could see shareholders do very well here. I would anticipate some of Isiahs buddies as well as Sommers connections who have some disposable money lining up to buy this stock if they are able to execute on even a couple of the deals they supposedly have lined up and this thing could really rocket. Time will tell but I keep thinking they should be pretty close to some concrete deals in place. The lack of communication and disregard for shareholders is an embarrassment and the filing fiasco definitely makes you wonder what the hell Isiah is doing as CEO here. I have been tempted myself to throw in the towel or better yet walk off the court early like Isiah did after Jordan and the Bulls t bagged him and the Pistons in the playoffs, but I will show some patience here for at least a little while longer.
Good luck!

[Justin510]

Selling it all tomorrow….OWP is dog shit multiple lawsuits, $700 in cash, 24 million is debt ✌️ it’s been real

[MoneyForNuthin]

I noticed that. Not a perfectly rounded number, difficult to speculate. Around half mil dollar value based on current share price.

[sello]

I wonder what the deal is with 104,329,919 outstanding listed as of 5/21 and 5/22 on the 10-k and OTC certification. Thatt's a little over a 10 million share reduction from Monday's TA update.

[MoneyForNuthin]

You're right, I was going from the date they filed the NT, May 17, which was already 2 days late.

In any case, it's spelled out very clearly in the 10-K what the holdup was - pretty significant work to address various complications and complete the audit for the past 2 years of financials. The delinquent 10-Q should be a breeze now, could see any day I think.

[JimmyTwoTimes]

I thought 10q was due may 15th

[MoneyForNuthin]

I think they are current, actually, due to the NT-10Q. However, that buys 5 business/market days. So we've got until tomorrow to get the Q filed, in order to remain current for more than just one/two days.

[JimmyTwoTimes]

Actually not current, still delinquent. No 10q yet.
OTCQB Certification
The Company is current in its reporting obligations as of the most recent fiscal year end and any subsequent quarters, and such information has been posted either on the SEC’s EDGAR system or the OTC Disclosure & News Service.

[tbattaglia]

They posted the otcqb certification for 12/31/2023

[JimmyTwoTimes]

Removal, Withdrawal or Suspension of OTCQB Companies 4.1 Removal of OTCQB Companies for Failure to Meet Requirements
1) OTC Markets Group may remove the Company’s securities from trading on OTCQB for the Company’s nonpayment of any outstanding fees under Section 3, failure to meet the requirements set forth in Section 2 of these OTCQB Standards, or any other obligations under these OTCQB Standards, which determination shall be made by OTC Markets Group in its sole and absolute discretion, unless such failure is cured within the time frames set forth below:
a. Filing Delinquency. Companies delinquent in their filings are granted a cure period of 45 calendar days from the original due date set forth in Section 2.2 (2);
Wonder why they are not removed, withdrawn, or suspended yet?

[JimmyTwoTimes]

Annual OTCQB Certification. The Company must file an annual OTCQB Certification signed by either the CEO or CFO containing the statements required in Section 1.3(3) of these Standards. The annual OTCQB Certification must be filed through the OTC Disclosure & News Service after the Company’s Annual report has been filed but no later than 45 calendar days after the Company’s Annual Report due date.
This is not good either. Wonder if anything happens with this?

[tbattaglia]

Anyone know why they would bother file a NT 10-Q with how late they are on other filings.

[ChiefZ]

Nothing going on but pretty strong volume.....weird

[JimmyTwoTimes]

If this company were a basketball team they would be the Washington Generals!

[JimmyTwoTimes]

Look what they did last year NT-10k on April 3rd and no 10-k until may15th. OTCQB certification on may 16th and then nt-10q on may 16th. No 10-q until July 5th! Isiah is a disaster and no one will communicate or respond to shareholders. I have tried to many many times.
Mind boggling!

[tbattaglia]

What is also bizarre is the fact that people are still buying large chunks of shares. either they know something we don't or are gambling degenerates.

[sello]

This is so bizarre. There is no other company that missed the NT grace period that isn't on the expert market now. Unlike previous inquiries to OTC Markets they will not respond as to why. It used to be that a major action like a merger or acquisition could be exempted but there is nothing in the new law that states that. Unless it is the SEC itself holding up or reviewing something this just makes no sense. The damn 10-q is due tomorrow. I guess they just add it to the list of what they need to file along with the 10-k, an amended S-1, an 8-k amendment, as well as QB certification. Seriously WTF?

[highfeather]

Too bad all we have is BS. No information from the company means things are not going well. With so much market saturation many companies have gone out of business. No way of knowing if they can pull through.

[Justin510]

Some bullshit generic text (which I expected due to confidentiality laws being an insider) I complained about all the broken promises with examples.

[Sunrise Equity]

So many empty promises from them, in the end I feel like the fool still hanging onto hope. Anyone ever got a response from the company, IR or Timothy Woods? Isiah has plenty of time to post on twitter 10x a day but he can’t life a finger for this ‘company’.

[JimmyTwoTimes]

From an 8k many months ago!

The Company intends to acquire a Colombian subsidiary domiciled within the Bogota Free Trade Zone that will possess all requisite licenses for the cultivation, production, distribution and export of cannabis and hemp infused products. We anticipate this process to be completed within four to six weeks and revenue generation commencing thereafter. In addition, the Company will continue to pursue its business strategy described in is press releases and filings with the Securities and Exchange Commission, which are publicly available at the SEC website at www.sec.gov.

[Justin510]

While I agree 100% that this whole thing is disappointing. the insider buying and Kenneth Perego's and IT's IG is way too optimistic IMO for this to be the end of the road.

[tbattaglia]

Pathetic to be this late on filing. Just close up shop already.

[Justin510]

No one in this forum knows s***. Idk why we are all on here taking people’s word. When theories and company imposed deadlines have been proven false time and time again. It’s time to contact these executives through multiple platforms directly until we hear more. I’ve already messaged Tim
Woods via text multiple times. End rant.

[highfeather]

Terrible performance. How long can they keep the doors open without producing revenue?

[JimmyTwoTimes]

Wow, this press release was 14 months ago…not good

https://www.otcmarkets.com/stock/OWPC/news/One-World-Products-Engages-ClearThink-IR-to-Lead-Expanded-Investor-Relations-Program?id=391821