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$VDRM has a stop sign yesterday afternoon, and you could see the discussions on this part on VDRM message board. $OWCP does NOT have that stop sign! That one is a wrong posting and needs to be removed! This is very misleading, especially at this particular time when everybody is kind of nervous during this gap filling period!
A delay of reporting on results is completely normal. It is a procedure and OWCP needs time to put everything together. They may also need to plan everything for the company in the long run regarding when to put the results out! This company is still good and strong! Nothing is wrong here!
OWCP is currently trying to fill in the gap at .92, and it is not far there yet! Then it will bounce back.
The company is still the same. Everything is still very good and strong!
I have added shares along the way it went done!
To be realistic on this stock, there is a gap at .02
Checking price gaps for VDRM, looking back 1 year(s):
VDRM: last price is $0.0249; period high is $0.069
2016-07-07 filled in 3 days.
2016-07-18 filled in 2 days.
2017-02-22 filled in 4 days.
Gap Date Days Passed Gap Price Decline needed High Retrace Fibo±.02
2017-02-21 30 0.02 -23.7% 0.275 --
4 total gaps; 3 filled; 1 not filled.
It needs to be filled unless some very strong momentum at this point.
Sorry, it is trying to fill the gap at 0.02
It is trying to fill the gap at .20
This stop sign is at the beginning of this board
I am out too. This (VDRM) company got an official stop sign from OTC market
I am out too. This company got a offical stop sign from the OTC market
It needs to fill in the gap at .92
I am not a professional in medicine. But the doctor believes it is exclusive. O/W, if he simply filed what other filed before, it can be rejected immediately
The doctor made an amendment (extra medical components or whatsoever, which is very professional) to make the filing exclusive, as the doctor believes
USPTO will determine if is exclusive or non-exclusive. For now, at least the doctor himself believes it is exclusive. O/W, he can't file this provisional patent.
$VDRM: $VDRM: exclusive provisional patent filing!
If anybody says it is non-exclusive, list the other filing (or granted patent) on the same innovative technology, and send it to USPTO!
$VDRM: exclusive provisional patent filing!
quote:
_____________________________________________________________
If this technology is non-exclusive, it can't be patented or doesn't need a protection. This is how the word "patent" is defined. From google:
Patent definition:
a government authority or license conferring a right or title for a set period, especially the SOLE right to EXCLUDE others from making, using, or selling an invention.
"he took out a patent for an improved steam hammer"
A non-exclusive technology can't be filed provisionally. If anybody think it is non-exclusive, give out the other patent on the same technology! There can only be one patent for a single innovation!
If this technology is non-exclusive, it can't be patented or doesn't need a protection. This is how the word "patent" is defined. From google:
Patent definition:
a government authority or license conferring a right or title for a set period, especially the SOLE right to EXCLUDE others from making, using, or selling an invention.
"he took out a patent for an improved steam hammer"
A non-exclusive technology can't be filed provisionally. If anybody think it is non-exclusive, give out the other patent on the same technology! There can only be one patent for a single innovation!
If this technology is non-exclusive, it can't be patented or doesn't need a protection. This is how the word "patent" is defined. From google:
Patent definition:
a government authority or license conferring a right or title for a set period, especially the SOLE right to EXCLUDE others from making, using, or selling an invention.
"he took out a patent for an improved steam hammer"
If this doctor filed a provisional patent, the idea / technology requested for protection should be exclusive.
I fixed some grammar errors, and I am re-posting it. BTW, a formal patent filing needs to present all the necessary details to show your innovative idea does work, such as, the prototype verification etc. which could take a lot of time for the work to be done. It also has a very strict format on what you need to present on the document for the filing.
Quote:
I own some VDRM shares, so I am trying to take care of this problem regarding a provisional patent. I really don't want to post this again.
quote from myself:
---------------------------------------------------------------
A provisional patent is a very important step if you have something creative but not ready for the final patent application. In this way, nobody could steal your idea during this one year period before your final filing is ready. Provisional patent is a temporary protection on the IP.
Many people are using provisional patents to protect their innovations just in case somebody claims the technology before they get ready to file an official patent. Of course, getting patent approved takes time. However, if your provisional patent is valid, you are the one who own the technology, and nobody could steal from you.
This is why people have to file a provisional patent before they are ready to file the formal one.
---------------------------------------------------------------
I am a professional in a high-tech area, and we meet patent issues a lot. As I explained in my previous post, a professional patent secures the ownership of a high technology before a formal patent application is filled. I have a friend who needs help for all the details regarding the design and implementation for an innovative idea presented by himself through years of experience in a governmental application area. He knows the governmental system very well, but he is not familiar with the technology. On the other side, some tech people who also see the application in the same area know the technology, but their design couldn't work because they don't know the governmental system. Thus, my friend filed a provisional patent in order to get this one year time to have all the details ready for the formal patent filing. In this way, nobody could steal his idea while he is working on the completion of the final patent filing.
Therefore, since VDRM filed a provisional patent for its idea on a technology, nobody could claim or file another provisional patent for the same idea/technology. This is the goal for the provisional patent procedure to be designed.
I really don't know how a provisional patent could cause so much confusion here.
I don't think a provisional patent itself could be an issue, but we may need the doctor to clarify the relationship between all his partners / cooperators. This part does give me some confusion on the value of $VDRM. This is because if his partners / cooperators could take the majority of the profit from this technology, the value of $VDRM could be lowered a lot.
My advice would be to ask the doctor to clarify the situation further. I have sent him an email, but no reply.
Please excuse any mistakes I made in my previous post. I didn't go back to check any grammar errors etc. But the idea should be clear now.
I own some VDRM shares, so I am trying to take care of this problem regarding provisional patent. I really don't want to post this again.
quote from myself:
---------------------------------------------------------------
Provisional patent is a very important step if you have something creative but not ready for the final patent application. In this way, nobody could steal your idea during this one year before your final filing is ready. Provisional patent is a temporary protection on the IP.
Many people are using provisional patent to protect their innovations just in case somebody claims the technology before they get ready to file an official patent. Of course, get patent approved takes time. However, if your provisional patent is valid, you are the one who owns the technology, and nobody could steal from you.
This is why people have to file a provisional patent before they are ready to file the formal one.
---------------------------------------------------------------
I am a professional in a high-tech area, and we meet patent issues a lot. As I explained in my previous post, professional patent secures the ownership of a high technology before a formal patent application is filled. I have a friend who needs help for all the details regarding the design and implementation for an innovative idea presented by him through years of experience in a governmental application area. He knows the governmental system very well, but he is not familiar with the technology. On the side, some tech people who also see the application in the same area knows the technology, but their design couldn't work because they don't know the governmental system. Thus, my friend filed a provisional patent in order to get this one year time to get all the details needed for the formal patent filing. In this way, nobody could steal his idea while he is working on the completion of the final patent filing.
Therefore, since VDRM filed a provisional patent for its idea on a technology, nobody could claim or file another provisional patent for the same idea/technology. This is the goal for a provisional patent to be designed.
I really don't know how a provisional patent could cause so much confusion here.
Some people are trying to bring the stock down so they could re-enter at a much lower price
Provisional patent is a very important step if you have something creative but not ready for the final patent application. In this way, nobody could steal your idea during this one year before your final filing is ready. Provisional patent is a temporary protection on the IP.
Many people are using provisional patent to protect their innovations just in case somebody claims the technology before they get ready to file an official patent. Of course, get patent approved takes time. However, if your provisional patent is valid, you are the one who owns the technology, and nobody could steal from you.
This is why people have to file a provisional patent before they are ready to file the formal one.
Then, 10k may not have anything on the results.
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Results to be released by end of April per Dr. Baruch in video on OWCP website.
http://www.owcpharma.com/newsroom-photos/
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More and more states will have medical marijuana legalized. It may go to the federal level in the near future as well
AXIM'S CanChew is already out in the market. Why couldn't OWCP's cream be sold very similarly to AXIM's product?
Besides, as far as I know, filling a stock chart gap usually only takes less than a week (1~4 days).
Is it possible that OWCP still prefers to wait until the end of April to reveal all their results just as what they did on the results of efficacy studay. If this happens, there won't be much meat in 10K.
I am just curious:
AXIM: efficacy test; stock from 0.45 to 6; clinical trials (result is significant), stock from 8 to 19.8
OWCP: efficacy test has already been done, IRB test (the extended test, safety to human) is still ongoing;
Is this IRB test corresponding to AXIM's clinical trials? Or, OWCP still needs to do clinical trials before the product can be put into the market?
Anybody has any idea here?
Is it possible that they postpone 10k again to the end of April due to this religious problem?
OWCP people are very "ambitious" with all their filed patents, but nobody could ktnow he result in advance
It is the possibility to "upgrade" to NASDAQ, which means, nobody needs to sell and then buy back.
I think it is possible if OWCP continues doing well. I believe GW is a NASDAQ stock, and it was upgraded from OTC market to MASDAQ a while ago. GW is still waiting for its first drug to be approved by FDA. The request for the approval has already submitted to FDA.
Well, people may not be able to have such a "gift" for the next few weeks. OWCP may simply went up next week as Claytrader pointed out as the first choice for this stock (either go up or oscillate in a small area, depending on the momentum). Who knows.
Well, I don't think OWCP is a public company in a certain sense for now. This is why they have something like IPO to talk about. Right now, OWCP is traded in OTC market with many restrictions, e.g. no trade after hours. However, for a NASDAQ trading company (a "real public company", so to speak), you are able to trade before and after hours. IPO is something for a company traded in NASDAQ.
Is OWCP trying to hide their findings intentionally so that they could make something very big happen without any interference from the outside world? Or OWCP is simply too busy to communicate with their shareholders? I remember somebody sent the CEO an email without getting any response either, even though people were told in the conference that any communications were welcome.
IPO? Is OWCP going to NASDAQ? What did OWCP found (or expect to find) via their finished efficacy and unfinished extended tests?
https://upticknewswire.com/ceo-jon-doukas-trends-merger-talks-ipos-reverse-mergers-uptick-listeners/
gap check:
http://to.pythonanywhere.com/gapcheck#
Checking price gaps for OWCP, looking back 1 year(s):
OWCP: last price is $1.11; period high is $3.23
Gap Date Days Passed Gap Price Decline needed High Retrace Fibo±.02
2016-12-23 71 0.12 -88.7% 0.039 --
2017-02-21 29 0.92 -17.6% 0.283 --
19 total gaps; 17 filled; 2 not filled.
There is no .71 here.
Wrong! 0.71 is not a gap. There are currently two gaps. One is at .92, another one at 0.12. No one would think this .12 one will be filled.
Checking price gaps for OWCP, looking back 1 year(s):
OWCP: last price is $1.11; period high is $3.23
Gap Date Days Passed Gap Price Decline needed High Retrace Fibo±.02
2016-12-23 71 0.12 -88.7% 0.039 --
2017-02-21 29 0.92 -17.6% 0.283 --
19 total gaps; 17 filled; 2 not filled.
Agree. .92 gap is not completely filled yet. This is why Claytrader says, this stock could oscillate in that small area for a week or two, or it could simply go up from there, depending on how much momentum it has for this nice bounce last Friday.
Sometimes gaps are filled, sometimes, not filled. You could verify this part from the history of charts (or many other stocks' charts). I believe if efficacy study result was published earlier instead of waiting to be published along with that extended test sometime in April (or may who knows), the .92 gap may be just skipped as Claytrader explained previously. I really don't think OWCP did a good work in communication with its shareholders.
I think this could be a very nice analysis:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130046769