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OWCP said in their 8k filling on Feb. 24 that 90% of efficacy study had been done. Don't know why OWCP couldn't give us an update if their efficacy study has already been done, probably by March 20th, if their current work is on the extended test beyond efficacy study. I don't think this company has a good communication with its shareholders
People who were in at .0003 have sold and bought several times. Most long here also sold at $3 dollars. People bought around $2 ($1.9, $2.2) sold at $3 and bought in again.
It is nice that this .92 gap is finally filled (or maybe one more day next Monday). Then, probably, as Claytrader says, this stock will oscillates in that small area?
Provisional patent if 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.
It could be the bottom now. People are buying dips now. OWCP shouldn't be valued less than this. But I do hope it could dip more so I could buy even cheaper
Can anybody remember what is the next supporting level below 1.03 based on Claytrader?
I am waiting to buy more cheap shares
Efficacy test results were already released and they were excellent. OWCP is waiting for IRB safety studies to complete in order to publish the two together.
Please refer to an interview video posted by moxa1 for the confirmation
OWCP:reporting significant reduction of several inflammation markers specific to psoriasis.
http://ownthefloat.com/index.php/2017/03/30/owcp-my-thoughts-before-april-2017/
I believe there is a procedure for them to publish the scientific testing data. There could be a delay between the work is done and it can be seen by the public.
This could be an excellent buying opportunity
The support level is 1.15 then 1.03. He didn't mention anything further down ...
Even if the efficacy result is postponed again by the end of April, I wouldn't be surprised. This is what my past experience and knowledge on Tech products told me.
But, I believe, for now, OWCP could have a lot of pressure because what is happening in their stocks ...
Experienced management always set up the deadline to the group members ahead of the true deadline that the product has to be delivered, and only the management would know when is the "dead" deadline everybody has to obey. Unfortunately, most of the time, even this "dead" deadline needs to be postponed a few days as well.
I really couldn't see anything wrong with the company. I think it might be just a few buyers trying to buy cheap, leading the price down gradually. When the price hit a threshold, a panic comes.
It is completely normal for high-tech company to postpone deadlines. It is people's nature always to wait the last minute to finish something. Then deadline will be postponed
OWCP is oversold now. It will rebounce tommorrow!
Product deadlines are always postponed, which is completely normal in a high-tech company
We once hit 1.19, but it rebounced immediately. This 1.19 is the lowest we have got.
I believe somebody said 10k was due this Friday! I don't think there is anything to worry about. Almost everybody here is long. The price was brought down very slowly because of the light volume of few buyers. No selling at all (or just a few shorts). You should be able to read everything out from the light volume
The volume is very light. Almost no sellers. However, the buyers tried to buy very cheaply
This is an excellent time to buy dip! I bought some as well.
Just curious: is there any connection between VDRM and Marijuana industry?
After the efficacy study is completely done, I don't think OWCP would just hit $5. Axim hits $6 from $0.45 after their efficacy study is done. OWCP is much better than AXIM!
thestreetlawyer:
However, it says in their 8k, the efficacy study is only done 90%. How do you know the efficacy study has been 100% completed by now. Do you have the proof? If it is completely done, why didn't the company notify us directly since it is such a huge news?
When its efficacy study could be done? It is originally declared the completion date is March 20. Could it be done on March 31 in their 10k filing?
Anybody from OWCP company and is actually doing the work? How is the process now?
I have no way to confirm the address. However, company moves often as its business needs change, especially for small companies.
All the information listed is correct. I called both numbers listed and presented in email. One number belongs to the voice mailbox. Another number (presented in email) is a real number that can connect to somebody in the company
Somebody traded and pulled the price from 1.28 back to 1.26o . How could somebody trade over the weekend? My broker told me OTC market is NOT allowed to trade beyond trading hours.
In all cases, he's got a very big order, which could be a proof of his idea. The conference part is OK as well. Sometimes, research (theories) and practice could be very different. I have no doubt on his innovation on healing the disease. However, if this doctor keeps selling stocks, it is a problem.
I think we do need him to clarify this part further
What is the doctor's plan regarding his concerns involving debt?
Will the doctor sell his shares again for whatever reason it is? Could the doctor give us an explanation on his sellings?
Could anybody contact the doctor to clarify his selling due to this "authorized shares" requirement? Does he still need to sell any extra shares of his hold?
I sent him a message, but no reply.
VDRM:
Market Value1 $11,917,730 a/o Mar 23, 2017
Authorized Shares 400,000,000 a/o Mar 07, 2017
Outstanding Shares 321,232,603 a/o Mar 07, 2017
I am guessing any stock trading needs to be below the authorized shares amount (updates every month based on the doctor). OWCP (Authorized Shares 500,000,000) has a much higher threshold than VDRM.
I am doubting the huge dumpling last weekend was also caused by the doctor's sell. Then, it came a panic until the end of last Sunday. I remember somebody (Naptune?) mentioned last Sunday that the doctor needed to sell some extra shares in order to meet this Authorized Shares requirement. This might be how the dumpling happened the day before yesterday.
The value of this company itself shouldn't have any issues --- it is very much undervalued.
Obviously, OWCP doesn't have such a concern anymore 'cause nobody could afford that much shares to buy as the price goes higher and higher.
Hopefully, the doctor doesn't need to sell his stock shares again in order to meet the restrictions on the amount of VDRM authorized shares. Obviously, he did it while the price was in the high of .05's. Thus, we could maintain VDRM stock price on a certain level until the chart is ready to raise again.
The stock is waiting for the doctor's voice from the conference now ...
The doctor sold a lot of stocks due to the limited amount of shares allowed by VDRM ticker (can only be updated monthly) as he claimed. This is why the price went down yesterday and today
Somebody mentioned that the doctor needs to sell some shares because there is a limitation on the outstanding shares on this stock. Could this person (Napture?) explain the situation to us a little bit more?
Is this stock allowed to trade pre-market? I see the price was down from 1.31 to 1.29 just a few minutes ago. My broker told me OTC stocks don't trade before or after market hours
Anyone who is shorting here needs to stop. We are all long here
AXIM went from .46 to 6 after efficacy tests are out. After the positive result was out, it ran from 8 to 19.x. This stock could run even higher because we have got both the efficacy test result and the positive result together at one time!
This time it could hit .1~.14