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Building steps up and trading sideways at certain levels is a much healthier trading activity than what happened in February.
If you entered in February I would suggest the more patient. I know it is painful to see your account in red but there are so many of us here holding purely because we are FULLY confident in the management and the company to exceed the levels we saw in February!
$OWCP
Seems like you’re the only one, LOL
This has run up over 100% from 20s since end of September and you call this sideways?!?
If you entered high, you better average down or be more patient :)
$OWCP
This has been heavily manipulated for the last two days. Anyone who watched the trades throughout the day must have clearly seen it. MMs tried so hard today to keep it under 50 but no success :)
There is so many catalyst to hang hats on with this ticker! We reached $500 million market cap without TSX being in the picture yet and we will get there and much higher with or without TSX!
$OWCP
I don’t know why so many on this board are stuck with this TSX cross listing. OWCP has an amazing upside potential with its product pipeline and already way undervalued based on fair peer comparison.
Don’t get me wrong, I’m not saying TSX listing wouldn’t be good for the company. But it is not needed for the price go to new highs!
$OWCP
MMS are lined up at .6699. If we can break 67 we may end the day at least in the .70s!
$OWCP
I’ve seen several asks lower than the price. They clearly didn’t want it at .57 or higher.
Absolutely! Whoever watched the trades and L2 last 20 minutes must have seen it.
$OWCP
Someone is desperately manipulating this again to keep it down!
They may slow it down but they sure can’t stop it!
$OWCP
Welcome aboard!
$OWCP
Not really! One could argue the same for .50 but we’ve seen what happened.
OWCP has seen $3.23 in February and that is the only psychological barrier for me as a long :)
$OWCP
Explosive mode on! OWCP is ready to see the .60s!!!
$OWCP
Any single one of these news combined with the chart as it is primed to breakout would take us to a new 52-week high!
$OWCP
PEER COMPARISON - UPDATED
I updated my peer comparison calculations based on last Friday's close.
To have a fair comparison, the two companies I picked are AXIM and CNBX which are also MMJ biotech companies that are listed on OTC-QB and that are pre-revenue like OWCP. IMO, OWCP is at least equivalent, if not better, to these companies.
AXIM Biotechnologies
Market Cap: $370 million
OS: 54.6 million
Share Price: $6.795
Debt: $0.5 million
Cannabics Pharmaceuticals (CNBX)
Market Cap: $131.5 million
OS: 119.6 million
Share Price: $1.10
Debt: $3 million
OWC Pharmaceuticals
Market Cap: $75 million
OS: 146.3 million
Share Price: $0.513
Debt: ZERO
An AXIM equivalent MC brings OWCP SP to $2.53
A CNBX equivalent MC brings OWCP SP to $0.90
A CNBX & AXIM average MC brings OWCP SP to $1.715
As you can see OWCP is WAY UNDERVALUED based on this peer comparison. IMO, share price should be anywhere from $1.25 to $2.50. And this is before any news, revenue, or uplisting...
$OWCP
PEER COMPARISON
I haven't seen a peer comparison lately and decided to make some back of the envelope calculations...
The two companies I picked are AXIM and CNBX which are also MMJ biotech companies that are listed on OTC-QB and that are pre-revenue. IMO, OWCP is at least equivalent, if not better, to these companies.
AXIM Biotechnologies
Market Cap: $365 million
OS: 54.6 million
Share Price: $6.8
Debt: $0.5 million
Cannabics Pharmaceuticals (CNBX)
Market Cap: $129 million
OS: 119.6 million
Share Price: $1.08
Debt: $3 million
OWC Pharmaceuticals
Market Cap: $70 million
OS: 146.3 million
Share Price: $0.47
Debt: ZERO
An AXIM equivalent MC brings OWCP SP to $2.50
A CNBX equivalent MC brings OWCP SP to $0.88
A CNBX & AXIM average MC brings OWCP SP to $1.7
As you can see OWCP is WAY UNDERVALUED based on this peer comparison. IMO, share price should be anywhere from $1.25 to $2. And this is before any news, revenue, or uplisting...
$OWCP
What does closing red or green has to do with TSX?!?
$OWCP
They are so desperate to keep this at 0.49 or below. Look at those fake walls, LOL
$OWCP
Once again, thank you for updating ibox. It looks amazing!!!
$OWCP
Thank you so much for your time!
Also, it would be great if we can have the Australian Patent Certificate above the USPTO ones.
Thanks for deleting the old slides but I can't see the new ones.
$OWCP
I truly believe this is only a wrong perception. He probably doesn’t mind this perception spreading because he gets more attention, more followers, and of course more subscriptions :)
Those who have been here long enough will remember that he was posting his videos on OWCP back in October 2016 and early 2017 but this ticker strongly ran from 0.10 to $3.23 in about two months.
And Clay had posted his videos numerous times within that timeframe.
I believe that the tickers he post don’t go down because he or his followers short, but they mostly go down because scared investors sell because of this wrong perception.
$OWCP
Any progress with updating inbox with the new investor presentation?
$OWCP
OWCP turned into 100% BUY on Barchart.com today!!!
https://www.barchart.com/stocks/quotes/OWCP/opinion
All 13 short, mid, and long term chart indicators point to a STRONG BUY signal!!!
$OWCP
Can one of the mods please put a picture of the Australian Patent Certificate to ibox? The certificate is under edossier tab at the link below.
http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2015101908
The board page is full of outdated and irrelevant data. We need to get it updated with recent and relevant information. Like the November 2017 presentation and the Australian Patent Certification!
OWCP
There are no rejection letters. There are opinion letters on some provisional applications and they are meaningless.
Yes they do! You are clueless about the patent process for two main reasons (it was more than two but you got educated on this board)
1- Australian Innovation Patent is completely different than a provisional patent. No provisional patent gives you IP protection for 8 years.
2- Provisional patents do not get rejected or accepted. As the name says they are provisional. OWCP’s provisional applications have opinion letters not rejections. But even actual patent applications get rejected and later approved after it is updated. This is a part of the process.
$OWCP
Ok, I got all 24 slides converted into high quality JPEGs and uploaded them to wetransfer for you. Here is the wetransfer link
https://we.tl/xEdaDPg71r
I've done my part, now it is your turn :)
$OWCP
I have adobe professional and getting it converted to images. All I need is the email of a mod so I can send them to him/her.
Yes, let’s delete the old presentation and replace them with the new slides. The link is fine but there is valuable DD in the new slides and it should be available right on the board page rather than hidden under a link
What do you need to convert it into? images?
I can get one my graphical designers take care of it...
Many of us have been asking this for a couple of weeks: Can one of the 6 mods PLEASE update the outdated presentation slides/pictures with the new ones management provided earlier this month?
http://www.owcpharma.com/wp-content/uploads/2017/11/Investors-Presentation-November-2017.pdf
We have clearly defined timelines for the entire product pipeline but the ihub page still has old info from 2015...
OWCP is 100% BUY on Barchart.com!
https://www.barchart.com/stocks/quotes/OWCP/opinion
All chart indicators point up, including the 50 - 100 day MACD cross that happened today.
The last time OWCP was 100% buy was in February if I'm not wrong. Many will jump on this tomorrow. Especially after today's minor dip!
$OWCP
CDEL has been trying so hard to drive this down but it won’t last long.
$OWCP
This should already be over a $1. With only 146 million OS, this means a MC just short of $150 million.
We all know that OWCP is worth way more than that!
This can easily happen again with even a lower volume.
Many will jump on this purely because of the technicals.
$OWCP
Chart guy?!? Looking at only the last few days with a 30 minute time frame chart doesn’t make anyone a chart guy!
Numerous short, mid, and long term indicators point up here! A real chart guy would scream “BUY!!!” right now :)
$OWCP
Yeah right! LOL
$OWCP
The chart hasn’t looked this beautiful since February! Dollar land is around the corner!!!
$OWCP
OWCP is 88% BUY on Barchart.com!!!
https://www.barchart.com/stocks/quotes/OWCP/opinion
And this is only based on delayed .45 price. It should shortly turn into 100% BUY and volume should get crazy!
$OWCP