One World Products Inc (OWPC)

[highfeather]

Thanks Sello for your in depth perspective,

[rawsteel]

>>>

[JimmyTwoTimes]

Well said Sello, excited for what is to come…and soon too I think

[sello]

Yeah, if it wasn't for the FD disclosure at the end, the fact that a AJB waived their $300,000 conversion right under default (which they could have made a whole lot of money from), and that an insider has been sucking up shares, sure.

This reorganization petition appears to be a temporary stay, to protect assets until their intended acquisition which, according to the FD, is four to six weeks from completion.

The reorganization and continuing operations of OWP-Colombia will not impact the efforts of the Company to operationalize the partnership and distribution agreements with Smokiez Edibles and Kx Family Care, which are coordinated and managed through the Company’s U.S. team while allowing for local implementation.

"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."

Isiah is the CEO, the guy who has a vision. Joerg Sommers is the President, the guy who makes it happen. Funny, I just noticed this week that Sommers now has his OWP President listed (which it hasn't been since his hiring was announced in June) and it is listed as full-time. They have a C-level executive here. He knows how to get things done, that's why he's here.

If they have set up an acquisition then this reorganization petition prevents debtors from petitioning the court for settlement and potentially obstructing the completion of the acquisition. If they are saying 4+6 weeks then another form 8 with a Letter of Intent should come within 2 weeks to meet the required 30-day rule.

Looks like safe legal protection before the execution of their business plan.

The filing of the Restructuring Petition constituted an event of default that could have accelerated obligations under a promissory note in the amount of $300,000 which AJB Capital Investments, LLC (the “Lender”) advanced to the Company on June 23, 2023. Effective as of December 21, 2023, the Lender signed a letter waiving any events of default based on the filing of the Reorganization Proceeding, which waiver will continue until OWP-Colombia emerges from and/or the Reorganization Proceeding is terminated as determined by an order of the court.

With the default conversion price that is a minimum of nearly 12 million shares they could sell but it would end up being a lot more than that though because they would drive the price down, set a new low, and convert on the rebounds, over and over, and over... They could easily make a million if not a couple. They waived the right.

The S-1 with Tysadco Partners, LLC was rescinded in July of 2023, about a month after Joerg Sommers took his position. I would suspect another S-1 coming and that AJB may be involved. By acquiring an established revenue-producing operation first, an equity offering should hold more value. More capital for less equity. Some C-level stuff.

Remember Sommers has some very nice incentives to complete an equity offering.

McCabe's actions speak for themself.

[highfeather]

Even though it doesn’t look good at least they are not closing down. What do other people think?

[tbattaglia]

https://last10k.com/sec-filings/OWPC/0001493152-24-003058.htm

[highfeather]

Can you post the link to the 8-K?

[Justin510]

8-k out…looks like the beginning of the end for OWPC

[MoneyForNuthin]

Remarks:
This Form 4 is the second of two Form 4s being filed by the Reporting Person relating to the transactions described herein that occurred on various dates from May 9, 2022 to December 22, 2023 pursuant to which the Reporting Persons purchased an aggregate of 8,648,345 shares of the Issuer's common stock. The Form 4 has been split into two filings to cover all 50 individual transactions, because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions per table. Each Form 4 will be filed by the Reporting Person.

[MoneyForNuthin]

$OWPC Wow, now there's a vote of confidence! As I mentioned earlier, we could see in the detail of the quarterly reports that the good doctors continue to fund this startup, and here today we can see who has been sucking up all the shares as some retail trading shareholders have capitulated over the past 2 years. Definitely good to know!

Dr. McCabe Forms 4 & Schedule 13D representing 18.9% voting power, including 13,100,180 shares of common stock held directly.

https://ir.oneworldproducts.com/sec-filings-email/content/0001493152-24-002980/formsc13d.htm
https://ir.oneworldproducts.com/sec-filings-email/content/0001493152-24-002977/ownership.html
https://ir.oneworldproducts.com/sec-filings-email/content/0001493152-24-002974/ownership.html
https://ir.oneworldproducts.com/sec-filings-email/content/0001493152-24-002970/ownership.html

#HempIsTheNewPlastic

[MoneyForNuthin]

$OWPC Stellantis and Flex-N-Gate (award-winning Tier 1 supplier to Stellantis with substantial plastics molding business for auto interior & exterior, as well as to other major automotive mfgrs) are highlighted partners on the new website. Looks like Q1 will see the business launch, just a matter of time.

#HempIsTheNewPlastic (TM) says Isiah Thomas, Chairman, and CEO of One World Products, Inc.

[Sunrise Equity]

Wow congrats on the big fills down at .035! There have been 3 big volume days over a million in the last month but it’s still well off its previous support around .08. Sello any thoughts on the big volume? Their PR communication has been terrible at best and nothing recent from Isiah too. I’m getting desperate for a sense of hope. It feels like we are just stuck in the slow dump part of a pump and dump.

[sello]

That was a pretty dip a couple weeks ago. I was doing a sweep bid up to .0398 for 100k shares and someone filled it all at .035. I was like shiiiit let try that again. Boom, boom, boom, filled every one. I was fking thrilled! Knew all that was a vitrtual guarantee.

Website gave some insight. Looking golden to me.

[ChiefZ]

Looks awesome

[tbattaglia]

Weird trading going on.

[tbattaglia]

Looking much better. Just need the company to follow through on any of these announcements with revenue.

[JimmyTwoTimes]

One world products updated website looks great, added some nice new details and info too!

[JimmyTwoTimes]

Bought a shitload of shares in the last few weeks here. Going to try to be patient and hope this management team is on top of things and can execute on the things they have said.

[highfeather]

Regardless of their qualifications, we have seen little progress thus far and if they can bring in major contracts is questionable. Basing an investment on hope can be very questionable and little of what Isaiah has said has come to fruition. Certainty more communication from the company would be helpful.

[Justin510]

Love your optimism unfortunately I DCA’d the week before at .08…ready to write it all off as a lost

[sello]

I just brought my cost average down by almost half!

Joerg Sommer and Steve Howard are C-level executives. They are not here for a CBD startup.

Capitulation 101.

[ChiefZ]

Starting to claw its way back after huge sell off.

[ChiefZ]

The only silver lining is this is trading at a bargain price at this point if they are able to become revenue producing with some of the deals they have signed. The equipment they have collecting dust at the moment was 3M which is basically the current marketcap. It may be worth seeing if anyone from the investor relations company picks up the phone.

[Sunrise Equity]

Agreed this is an official bloodbath. Hopeless hope in Isiah has destroyed my portfolio. This company is a joke.

[ChiefZ]

The Stellantis deal was always going to take time....i.would be happy if they just became revenue producing for starters. It's a shame nobody from the company will talk to shareholders. I mean, the lack of communication hasn't helped.

[rocketeer357]

Edit: a double gets this to .06

[ChiefZ]

It sure looks like it

[highfeather]

A lot of people simply want out and are dumping. Is there any chance this will turn around? Or just follow other companies that are throwing in the towel?

[highfeather]

A lot of people simply want out and are dumping. Is there any chance this will turn around? Or just follow other companies that are throwing in the towel?

[rocketeer357]

The deals they've announced are chump change at best, nothing like what Isaiah promised, what, 2 years ago, when he roostered up the company's prospects.

I'd be delighted to read a PR saying that Isaiah took a taxi around the Stellantis HQ building. Very happy to dump this POS on any dead cat bounce.

Hard to believe a double now gets the PPS to a whopping 8 cents.

[ChiefZ]

Sucks for selling flower in Colombia but I thought the main focus was going to be selling CBD products to Europe. They've signed a few deals so just need to wait for them to turn the lights on I guess.

[JoJr]

Doing business in most Latin American countries can be tricky and dangerous.
Hope there's news on OWPC soon...
Maybe send that article to Isaiah and ask if this is the reason for delays?

[sello]

Well, this helps...
https://www.reuters.com/business/healthcare-pharmaceuticals/colombias-cannabis-industry-crisis-over-regulatory-political-hurdles-2023-12-21/

[ChiefZ]

Big block moved off the ask now it looks like it could be pushed right back up

[ChiefZ]

Plenty of fills between the spread too

[ChiefZ]

Somebody keeps pushing this lower

[ChiefZ]

donkey balls

[JimmyTwoTimes]

Yup…balls

[Justin510]

This stock sucks

[JimmyTwoTimes]

Share structure unchanged

[ChiefZ]

Crazy volume day...

[MoneyForNuthin]

It was actually 250,000 shares, and they were restricted. Just some retailer that's been playing the spread and cycle, imo... fomenting a bit of fear and scaring a few other retailers into reactionary stop-loss sells.

[sello]

By the timing of the PR, I would think shares for services. They got plenty to buy. I would have tried to stay just above GTSM but again my funds don't clear until Monday. See what the share structure shows. I know a half a mill came this past Monday but I didn't even check if they were restricted.

Inverted head and shoulders.

[sand]

you called the dump what showed on your chart that it would dump again. Any idea who is doing the dumping tax selling or insiders?

[tbattaglia]

Seems like some new share coming up for sale the last couple of days. Or someone isnt happy with progress.

[sello]

30k clearing Monday, and it looks like I missed it by a day. MF!

[ChiefZ]

https://ir.oneworldproducts.com/press-releases/detail/68/one-world-products-inc-partners-with-stephen-marleys-kx

Kx Family Care and $OWPC Forge Strategic Alliance, Amplifying Global Reach in Wellness Sector

MIAMI, FL, Dec. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – One World Products, Inc., a fully-licensed hemp and cannabis producer in Colombia and ascendant international hemp and cannabis company and Kx Family Care, a CBD-enriched, family-focused personal care product line created by Stephen Marley and Shelly O'Neill, today announced their strategic partnership in which One World Products is expected to become the singular producer and distributor of Kx Family Care in Columbia and Latin America.

Building on this exclusive partnership, One World Products will be leveraging its state-of-the-art facilities within the Colombian Free Trade Zone to produce Kx Family Care products. The two entities will engage in collaborative efforts to market and distribute Kx Family Care products. This strategic move will be a significant step for both companies in expansion of their global outreach and establishing a stronger presence in pivotal international markets. Furthermore, One World Products will work in tandem to leverage Kx Family Care’s extensive user base.

Isiah Thomas, Chairman, and CEO of One World Products, Inc., expressed his enthusiasm for the venture: “This strategic relationship with Kx Family Care is more than a partnership; it's a shared vision for wellness and the sustainable future of personal care. Together, we are poised to harness the remarkable benefits of the cannabis plant, honoring Bob Marley's legacy and bringing a holistic approach to consumers in Colombia and beyond. We are eager to embark on this journey, integrating our expertise with the rich history and reach of the Marley brand.”

Stephen Marley, son of Reggae legend Bob Marley, and founder of Kx Family Care added, "We are pleased to be expanding Kx Family Care alongside One World Products in the Colombian and Latin American markets. My father was a major advocate for cannabis education, and Isiah and I both agree that this amazing plant is the healing for all nations. It’s important that we support all of the many healing and regenerative uses of the cannabis plant through our collaborative efforts as thought leaders internationally.”

Shelly O’Neill, Co-Founder and CEO of Kx Family Care, shared, "It’s been an honor and a pleasure to be a conduit for this partnership. I've seen, firsthand, that both Stephen and Isiah have the same viewpoints on the true power of the cannabis plant as a lifestyle movement. In reference to this movement, Stephen fondly coined the phrase “Kaya Lifestyle” as the umbrella for all his cannabis verticals, including Kx Family Care. This plant, which has endless uses from medicinal aspects to clothing and replacing plastics, is at the forefront of our hearts and collective plans."

About One World Products, Inc.

One World Products is a fully licensed hemp and cannabis producer with offices in Las Vegas, Nevada, and offices and operations in Bogota and Popayan, Colombia. One World Products planted its first crop of cannabis in 2018 at its cultivation site in Popayan, Colombia, and began harvesting commercially in the first quarter of 2020. www.OneWorldProducts.com.

About Kx Family Care

Kx Family Care, founded in 2021, is a CBD-enriched, family-focused personal care product line that embraces the native healing botanicals and natural beauty of Jamaica. Kx Family Care is the first hemp-infused family care brand from Stephen Marley and is for those who care about a more natural and sustainable way of life for themselves, their loved ones and the planet. Using only the highest quality, sustainably sourced, plant-based ingredients, Kx products are created with all ages and skin types in mind. www.KxFamilyCare.com.

FOR PRESS COVERAGE AND INQUIRIES CONTACT:
Red Light PR | [e-mail]
ClearThink IR | [e-mail]



Primary Logo

Source: One World Products, Inc.
Released December 14, 2023

[ChiefZ]

More equipment, more capital, ect...

[ChiefZ]

I'm just curious the delay with the gummies...

[JimmyTwoTimes]

Increase in shares updated on otcmarkets today. I think by 500,000