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News Out! $OWCP is a Cannabis Medicine/Biotech ready for launch! 200+% Gains should hit in the short term, even more in the long term.
Breakdown/Highlights of Today's BIG PR:
http://ownthefloat.com/index.php/2017/04/04/owcp-april-4th-8k-highlights-breakdown/
Official PR from PRnewswire:
http://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-announces-world-wide-expression-of-interest-in-its-cannabis-based-topical-cream-for-treatment-of-psoriasis-and-other-skin-disorders-618344633.html
P.S. Stock opened below $1.00, but likely won't return.
News Out! $OWCP is a Cannabis Medicine/Biotech ready for launch! 200+% Gains should hit in the short term, even more in the long term.
Breakdown/Highlights of Today's BIG PR:
http://ownthefloat.com/index.php/2017/04/04/owcp-april-4th-8k-highlights-breakdown/
Official PR from PRnewswire:
http://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-announces-world-wide-expression-of-interest-in-its-cannabis-based-topical-cream-for-treatment-of-psoriasis-and-other-skin-disorders-618344633.html
$OWCP is a Cannabis Medicine/Biotech ready for launch! 200+% Gains should hit in the short term, even more in the long term.
Breakdown/Highlights of Today's BIG PR:
http://ownthefloat.com/index.php/2017/04/04/owcp-april-4th-8k-highlights-breakdown/
Official PR from PRnewswire:
http://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-announces-world-wide-expression-of-interest-in-its-cannabis-based-topical-cream-for-treatment-of-psoriasis-and-other-skin-disorders-618344633.html
I don't understand why iHub doesn't list it above...
April 15th is what I thought I saw..
http://www.investopedia.com/terms/s/sec-form-nt-10k.asp
Form 8K breakdown, for those too intimidated to read the whole document:
http://ownthefloat.com/index.php/2017/04/04/owcp-april-4th-8k-highlights-breakdown/
Right. We know the Psoriasis Cream had really promising results and reduced significant inflammation markers related to Psoriasis... So, it's already a given their topical cream is going to be GREAT for Psoriasis patients.
But, we also know they talk about having creams for other skin conditions like Acne, Basal Cell Carcinoma, Atopic Dermatitis, and more.
Then, from a 15+ year Dermatologist, we see the words "highly possible breakthrough" in conjunction with all these items above.
Yes, nice news soon is a given. Which is why is going to be hilarious knowing people were in such a hurry to sell shares at $0.99 - $1.03 today.
There. Is. No. Dilution.
There is ZERO dilution. Company confirmed that in an 8K and have since sold private placement shares to raise additional capital with RESTRICTED shares.
Actually, something has changed... "HIGHLY POSSIBLE BREAKTHROUGH" (Dr. Rozenblat) and more creams to treat MORE skin conditions. :)
Great (re)entry point. :)
Around $119,000 on the Bid at $1.01!
Tell me BIG MONEY isn't trying to accumulate OWCP...
Reading the ample DD, listening to Friedland during interviews, and seeing how hot the industry is as a whole... I can't be scared out of shares.
It would take the COMPANY making obvious, stupid mistakes for me to reconsider selling sooner than end of year. Heck, even then I had only thought about maybe considering selling 25% - 50% of holdings by November/December, depending on where we're at with other things coming out of the pipeline.
I only thought there was a chance for the US Index because the ticker "OWCP" is a Delaware corporation who just happens to own the Israeli operations. :)
UPDATE from MarijuanaIndex.com
So, I asked Dan why OWCP wasn't listed on the United States index and his initial response was:
Right, they can be sold in dispensaries for sure.
But,they're no doubt, working towards the ability to be at pharmacies accross the country via FDA approval.
Why else was Miriam Sani brought on, right? :)
Yes, no way to know for sure who he's talking about... But, someone else pointed out that an Israel M&A in general could still be good for the sector in which OWCP is a part of.
Creates more speculation/hype/value potential for OWCP. (Their words)
Hey Lava,
I e-mailed Dan (with MarijuanaIndex.com) again for clarification. I thought he meant it would be listed on the United States Index because of them being incorporated in Delaware -- but I'll let you know what he says.
The only thing he said on March 31st was:
We've completed our quarterly analysis and OWCP will be added when our indeces are rebalanced at the EOD tomorrow.
This still wouldn't have anything to do with the Horizon ETF. I e-mailed them directly as well and they said the reason OWCP isn't part of their ETF was because they're OTC. If/when they uplist to NASDAQ, you can probably expect a change.
People are certainly loading up. Good for them. My cousin messaged me saying he added a bunch at $1.00, actually.
It's my strong opinion that it would be stupid and mind boggling if OWCP didn't rise back beyond $3.23+ by April or May -- as long as those updates keep coming.
Psoriasis Cream will be Market Ready in Quarter 2 -- that's April thru June. Haha.
The Psoriasis cream had shown SIGNIFICANT reduction in inflammation markets related to psoriasis and Dr. Rozenblat felt there was a "highly possible breakthrough".
Connect the dots. Duhh.
What a shame... Company has repeatedly said what's coming and their 8Ks make it quite clear the Psoriasis Cream is great as well.
I'm baffled, but not worried about my money.
It can go down, but it's obviously going back up, up, up in the short term and longer term.
Nearly $70K on Bid.
Smarter people who actually read DD and connect the dots are buying cheap shares from those who don't read the DD, can't seem to connect the dots, and are scared when the updates are right around the corner.
SMH
As of right now, NO, they will not be on the Horizon ETF launching April 5th.
But, I've been on contact with them and awaiting a response about a change of plans or not. I'll keep my fingers crossed, but won't hold my breath for an immediate change of heart. :)
OWCP will be on MarijuanaIndex.com starting after EOD tomorrow...
His email said:
Correct. We've completed our quarterly analysis and OWCP will be added when our indeces are rebalanced at the EOD tomorrow.
Yeah, I don't spend more than a few minutes per week on iHub now. :) Not worth it anymore.
New OwnTheFloat.com $OWCP Blog
http://ownthefloat.com/index.php/2017/03/30/owcp-my-thoughts-before-april-2017/
I agree 100%.
I'm working on a new Blog, FYI.
Hopefully by tomorrow morning.
What does the article say that the 8K didn't?
(I'll go back and compare myself when I can, now that you've said this.)
I agree. Just nice to see another website pickup coverage of OWCP.
Hopefully more is coming from MMJreporter.com
$OWCP article today (27th) from MMJreporter.com
OWC Pharmaceutical Research Corp Publishes Promising Results From Topical Cream
http://mmjreporter.com/owc-pharmaceutical-research-corp-otcmktsowcp-publishes-promising-results-from-topical-cream-2898.html
I did purchase more this morning. Preparing for the next 100% - 150% run fueled by the upcoming news.
Granted, chart guys are talking about the Pennant Pattern too.
https://twitter.com/bullishtraderz/status/846522140635492352
Dr. Sharon Rozenblat had focused her research on Melanoma before she joined OWCP as an Advisor.
We can hope her "highly possible breakthrough" (referring to her comment in last weeks 8K) is in the field she has focused her research on. :)
www.iccm.org.il/en/dr-sharon-rozenblat-ph-d/
Nice way to look at it.
Yeah, it was a good 8K still -- to somebody who has followed this company since October.
But, to some people on the fence -- they may have wanted the 'concrete numbers' of, say, 90%...
Maybe more details of the "highly possible breakthrough". That's the stuff that could send us back to a new 52-Week High SOON.
I totally agree. All around, it's still good.
We keep getting more and more clues (proof) that we're going in the right direction.
It's not hard to connect the dots.
We'll be fine and that's why I'm not worried. It's also why I bought more shares this morning. Confidence in a beautiful ROI.
I guess my feelings were correct. Last night, talking to people outside of iHub I said I didn't suspect today's PR was going to be "huge" for volume or a PPS run.
I said, I felt it was more of a 'teaser' PR but nevertheless means we'll get the "real, legit Efficacy numbers" soon after. That's likely to be the bigger news.
After all, we already heard "encouraging results" in the February 8K and now we're hearing "promising results" without specifics. The only bonus of this PR today was hearing Dr. Rozenblat say, "highly possible breakthrough" -- but still, investors want to know more specifically.
That's my take anyway. That's my gut feeling. Expect a DETAILED "Efficacy Test Results" PR soon.
I'm still just as confident about being over $3.00 "soon" as I was a month ago. That's why I wired money and bought more shares this morning.
That was essentially what my reply was going to be.
Thanks! :)
Oh, yes, definitely that. :)
At the end of the day, we still know Multiple Myeloma should be a huge bonus to OWCP soon enough.
Eliminating 100% of stagnant cells in 60% of lab mice... That was a year ago. Safe to assume they've made progress since then.
But, Multiple Myeloma isn't really a Dermatology thing. I thought it was more of a Bone thing?
Skin Cancer, Acne, etc. on the other hand are up her alley.
Well, they can't really tomorrow, can they?
Technically the official PR from today's 8K would drop tomorrow morning.
Friday morning is what my gut says.