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Ziv Turner said previously it should be the end of May, but he is not in charge anymore. I doubt this might be part of the reason that he has been removed from the company's website --- poor performance.
No, not the end of May. I talked to somebody related to OWCP yesterday afternoon, and was confirmed it was the end of April.
How did you know it may have been changed to the end of May? Did you contacted somebody from OWCP directly recently?
The testing result will be published by the end of April
I am still curious what is the real power that pushed this stock to fly today? Are we going to have some very good news? I just heard that OWCP has much more cash shown up in its 10K. Did somebody mention previously the rise from 0.1 to 0.4 is also caused by more cash in their report. Is this true?
Wondering if it could rally four times again?
Could ?it be two dollars today
OWCP: The Truth about the Patent Process
http://ownthefloat.com/index.php/2017/04/12/owcp-the-truth-about-the-patent-process/
Heard from somebody from this company, but not confirmed. It says, it is 1 million.
Their 10K will show much more cash. 10k will be out probably today
It could move around in the key support area 0.5~0.75 or even a little bit below 0.5. However, It will definitely close above the key support line 0.53. Then, it may oscillate in the area of 0.5~0.75 before any news is release.
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I put an ordat 0.49. I will see how my luck is.
The fundamentals with this company haven't changed. Everything is still good and strong. However, this is a very deep adjustment since it has shoot up so high in such a short period. 0.5 (could be a little bit lower) might be its bottom.
$OWCP will open low and could go below 0.5 today.
Key supporting area: 0.5~0.75
Key supporting area: 0.5~0.75
It will open low go below 0.5 today.
No, Dr. Otilo can't resubmit anybody else invention in any situations unless Dr. Otilo made some improvement to that old invention. No exception here. Period.
Dr. Otilo made an amendment while he filed his own. Period.
Quote:
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We're not talking about other inventions. We're talking about the Phillips/Keough invention that Otiko believes expired, and that he can resubmit under his name (as conveyed in shareholder communications with Otiko).
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Buyers will get in during the very last hour
We're not talking about other inventions. We're talking about the Phillips/Keough invention that Otiko believes expired, and that he can resubmit under his name (as conveyed in shareholder communications with Otiko).
No, Dr. Otilo can't resubmit anybody else invention in any situations unless Dr. Otilo made some improvement to that old invention. No exception here. Period.
Dr. Otilo made an amendment while he filed his own. Period.
The fear is still haunting. It needs time to fade away
Most patents are filed based on the improvement to the existing patented ideas. This is how technologies evolve. Anybody who wants to understand this part more, please do some self-learning via Internet.
We might be green today! This stock is so oversold. And the news will come to calm everybody down.
However, it could still oscillate between 0.5~0.75 for a while...
"Phillips/Keough haven't updated their patent-pending invention, and Otiko has no right to do this on their behalf or through a new application process."
Otiko has to submit a unique invention."
Completely agree. Besides,
1. Dr. Otiko provisional patent is a unique invention, probably stemmed from Phillips/Keough old/dropped provisional patent filling with some improvement to Phillips/Keough technology.
2. Dr. Otiko provisional patent is still pending, not rejected and not approved either.
3. A patent approval could be very fast, or very slow. However, this won't affect the doctor's product selling.
As I stated out again and again, no deadlines should have been published for the efficacy study completion, which is kind of unusual in a high-tech realm. I believe the company made a serious mistake here.
We always have deadline for a task. However, most of the time, it should not be the tight deadline for a product to deliver. And any deadlines are always postponed again and again. Even with the dead deadline, most of the time it is met with a lot of work after hours (could be overnights) from the team members
Right! There is only improved technology based on the original one. But no improved patent! However, if a provisional patent is filed, it has to be exclusive, which means, there has to be some difference from the original technology filed by Phillips. O/W, VDRM's provisional patent filling can be rejected immediately
The hammer is forming ...
It will form a hammer at the end again!
It may bounce up at 0.60 again. Buyers are waiting for cheap shares
We need the double bottom. It will test .60 again!
"The U.S. Patent Application published as US 20130190274 was dropped by Phillips.
This is why ViaDerma filed a new provisional patent two months ago. "
While VDRM filed a new provisional patent, it made an amendment to the original filing (an improvement), which made this VDRM provisional patent filing unique.
I hope my order in .50s tomorrow could be filled, which will be very nice to me. Then if we could get a great hammer up, it will be really really great!
Support levels: 0.70; 0.53; period.
OWCP Stock Live Analysis 04-10-2017:
I don't think 10k could have any significant effect. There might be nothing in 10k based on a previous post via a talk with Ziv Turner, the managing director at OWCP.
OWCP's current CEO has been in this position since 2014.
However, since OWCP has been so oversold, the reversal could come. After all, all the fundamentals in this company doesn't change. It is just a delay to publish their efficacy study results.
So, based on this article,
https://www.insiderfinancial.com/owc-pharmaceutical-research-corp-otcmktsowcp-remains-a-top-pick/120878/
Ziv Turner doesn't leave OWCP. Instead, he is a managing director there instead of a CEO.
I guess this might be because OWCP is becoming bigger and also the incoming merge and acquisition. After all, OWCP just runs to $3.23/share.
Current key supporting area for OWCP: 0.5~0.75. OWCP could oscillate in this area for a few days before 10k comes out.
Wrong! Trials are supposed to complete by the end of May (instead of the April).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130190765
However, 10k is supposed to come out by next Monday, but it may have nothing significant. Since they just Ziv just left, we may not be able to get the 10k this Friday
I still have orders in .50s. It may continue to drop tomorrow...
Buying out a company without revenue, but with 8 patents. This is called technology investiment
Ziv Turner, Chief Executive Officer - One World Cannabis Ltd.
Email: ziv.turner@owcpharma.com
Tel: +972-(0)3-7582659
This information is on this message board. Do they have two CEOs? Impossible. Or, maybe Ziv Turner is responsible for this drop so he is replaced by Mordechai Bignitz?
http://www.owcpharma.com/our-leadership-team/
I am still holding, try to be out for some shares early in the morning, but immediately back in, being worried the bottom might be just here.
I myself has no concerns about the company itself. Just being very uncomfortable while my account in red. There are just so many people trying to get the price down for cheap shares during this waiting period
I am still holding, try to be out for some shares early in the morning, but immediately back in, being worried the bottom might be just here.
I myself has no concerns about the company itself. Just being very uncomfortable while my account in red. There are just so many people trying to get the price down for cheap shares during this waiting period
Market sometimes is just about sensation instead of the facts. However, being in red is really very uncomfortable.
I think OWCP made a mistake. They shouldn't have give out a deadline for completion of the efficacy test. Most of the time, it is always postponed. Therefore, disappointment and assumptions on the delay of deadline is pulling the price down. This is how OTC market is.
Is this the bottom? This is just a waiting period. Nothing is wrong with the company.