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Good morning OWCPers! Reversal started Friday. Next leg up is upon us. This week should rock!
UBQU market cap less than revs with sales expected to triple this year. Company has posted profits for several quarters now. o/s 95 million, float 70 million.
UBQU market cap less than revs with sales expected to triple this year. Company has posted profits for several quarters now. o/s 95 million, float 70 million.
The consulting aspect is huge too. Dr. Baruch, previously Director General of the Israeli Ministry of Health, designed the entire medical cannabis program in Israel including regulations between 2003 and 2013. As a director of OWCP, he is helping to establish regulations worldwide and advising business groups and governments in the US, Canada, and other countries that are getting into the medical marijuana market.
My guess is MedMar’s application for a license in Maryland to be a grower, manufacturer, and dispensary of cannabis extractions. You can view it here: http://mmc.maryland.gov/pages/MMCC%20Master%20Application%20Spreadsheets%20(1)%2011-25-2015%20Peak%20ReLeaf%20Changes.pdf
Ziv Turner mentioned in the video that they have so far signed a contract with a medical group in Maryland that are experts in the medical cannabis field. I assume he is referring to MedMar. Interestingly, OWCP extended the contract with them to two other states. There is a MedMar dispensary in Illinois. I dont know which other state they're in, but here’s a picture of the Illinois dispensary with a link at the bottom of the photo where I got it. Keep in mind that MedMar is the company that is funding OWCP's psoriasis cream and has the exclusive rights to manufacture, market, and promote it.
http://www.medmardispensary.com/facility/
Excellent post! It's a groundbreaking product for sure.
Right... just a typical OTC stock with 8 patents of which TEVA wanted to buy at least a couple, a previous Director General of the Israeli Ministry of Health leading the research for the company, non-interest bearing/nonconvertible financing, a product coming to market in the coming weeks, the completion of developing a new sublingual tablet, association with Sheba Medical Center with clinical trials, etc... yeah, nothing going for it at all. lolol
Traders are probably the only people in the world who wish weekends would end. lol
I've been saying this should be trading for at least $1. CVSI showing losses while we show profits. Seriously??? I'll keep accumulating until we get discovered.
Reversal just starting today. I think we'll see a push into the close.
Right... the previous Director General of the Israeli Ministry of Health thinks getting involved in a penny stock pump and dump sounds like a good idea. Too funny!
Yep... just warming up now... wait til next week!
Lots of MJ stocks are reversing today. I think everyone wants to be in before elections. UBQU will move fast with small float and no dilution.
I would die laughing if we close above our recent previous high of .215. lol
This one is too easy. Psoriasis cream on the market within weeks; sublingual tablet development completed; 8 patents to treat serious, chronic conditions; previous bid by TEVA for patents; clinical trials at Sheba; no dilution. C'mon... anyone who doesn't see dollars written all over this... well, you know...
Elections the week after next.
Exactly! The only people who can flip here are those who don't own many shares. I've been accumulating and will be extremely happy soon!
Here comes the panic buying. Everyone knows this is going to dollars. Flip at your own risk!
Fridays seem to like UBQU.
Yeah, we have a world class medical leader leading the way. He oversaw the development of the tablet developed by OWCP and since he served as the head of the Israeli Ministry of Health’s Medical Marijuana Program, the very agency from which the company seeks approval of the tablet, I'm willing to bet he knows what it takes to get new products approved. lol
Agree... and the thing about sublingual tablets that many may not know is that the delivery method allows for almost immediate absorption directly into the bloodstream so the results are as quick as smoking without having to smoke. It's not like a pill that you swallow, then have to wait 30-60 minutes to feel the results. There will be a HUGE market for this!
Exactly! Sales and earnings are the cake. Name and ticker change are the icing. Both are delicious!
Glad to see we have smart traders on this one and that everyone was able to see through all that nonsense last night, which I see has had ZERO effect... except more accumulation. lol
If this were another company, that would be a possibilty due to likely dilution, but OWCP isn't diluting. That's why this stock trades differently than most of the others on the OTC. Longs are adding here, and flippers will want to get back in soon. Next push will be another double or triple when churning at this level is done. The time to get in is when shares are churning. After that, it will be a chase because of how thinly it trades.
People selling here to chase other stocks that have nothing going for them will end up giving away the profits they made here. This is one of the safest places on the OTC to place one's money.
Ok, I just thought you knew a trick that you could teach us. Thanks for clarifying. Next time, just say what you mean. It will cut down on the confusion.
Well, no. Here's a copy/paste and link of what he said exactly:
Stop Loss @ .04 triggered from .018 entry $$$$$
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126093428
Did you dump or did your stop loss get triggered? I'm confused.
How does a stop loss get triggered at the hod? That's a trick I'd like to learn.
Just as a comparison, take a look a this section of our chart and compare it to that other stock's chart and see if you notice any similarities in the uptrend (hint: stair step)... just sayin'! Could it be because neither company is diluting shares? Hardly ever see what clean trading stocks look like on the OTC, but you are looking at one!
Market makers are really good at what they do. Think about this: if they did not expertly shake shares, there would still be a lotta lotta people holding millions of shares from sub pennies. There are still a few, but not many. In fact, I'm willing to bet there aren't even that many who are holding hundreds and hundreds of thousands of shares. After the next leg, we won't see many 50k and 100k blocks going up for sale at one time. 100k shares at .50 will cost $50,000! Market makers are great at making sure shares get spread out appropriately for each price range so that no one has the ability to cause an unjustified crash. However, I have no idea why people panic as soon as someone else decides to take profits here. Since we know there is no dilution, it's just normal retail profit-taking. No reason to panic... lol. Anyway... the chart still looks AMAZING! Consolidating nicely in a tight range. RSI also cooling off. Next push to .50? We'll see!
I added today.
Yep, and looks like churning in the .002s is just about done.
I think people are interpreting these releases as "fluff" because they're not news... just updates. But you know what? Flippers would sell on news also, which is fine because longs always add on these big dips which propels us higher in the long run.
That's true. I shouldn't rule it out yet, but I'm just saying when it happens doesn't matter to me in the big scheme of things.