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looking at charts of big Boys ( like FB , BABA , appl) from yesterday I noticed all has same pattern as OWCP's ...going up and than , almost as the same time as owc , major sell off
If you are claiming that black is orange and white is blue than there is nothing that I wouldn't even make the effort to tutor you .
Simply not worth my time
And when it will ...it will have substance . Still we cannot deny and overlook the decrease in volume and interest all over the MMJ
Company cannot invent news ! They are not PR department store ! They never pretended to be .
They came out with great news on Tuesday -
World wide interest
Up to 70% reduction of psoriasis markers
It seems like there is major decrease in volume and value with all MMJ TICKERS .
OWCP is still same company that it was before , progressing specifically according to its business plan meeting time frames , almost like a Swiss watch , which is very unusual in the biotech industry .
If , at all , the company should have gain more value rather than losing value this week
Eventually , educated answer . Great post for the benefit of real shareholders
I don't have any inside information .
This is a serious biopharmaceutical company and they do everything by the book
I am one of the angel investors to Owcp from 2014. Together with Jeff Friedland's intiva .
Ground floor .
These news are significant and important . While , Some "self appointed" experts here are making claims that company did not publish the pre clinical efficacy study % results , ( there are no efficacy % in pre clinical ...) , some , like you , completely understand the magnitude of those news
You phrase so well so some might actually listen to you , so allow me to clarify , for those who might listen to you and it is all based on DD and not only on what self appointed experts are posting:
1. Owcp has 8 patents . If you had any real understanding about the IP world you will understand that the way they operate and widen their IPs' is the only way to operate in the BioPharma industry
2. Owcp products do not need FDA approval to get on shelves in states that allow MMJ ( Colorado etc) .
In fact they can offer the product tomorrow morning . But they await clinical supporting data to differ themselves from the other 250 creams out there , some are home manufactured creams .
Currently physicians don't recommend because they don't know what the hell is in those creams and if they safe ( not to mention if they are actually effective )
Owcp will be able to provide safety protocol covered by IRB approval and efficacy results which are great .
The first time ever for psoriasis
They are not looking the damages from kodiak . They are after the lawyer that represented them , screwed up and allow this to happen
Your post is positive so let me get you some fine tuning :
1. There is no % measurement in preclinical efficacy study - which is not conducted on human beings but on human tissues so there for it cannot measure any percentage .
The reduction of sizable amount of biological inflammation markers related to psoriasis IS THE BIG BREAKTHROUGH ! So far no one was able such and this is what the preclinical studies are all about .
The fact that the company is not making BS statements is because they care about us , the investors , and want to stay transparent and accurate
2. People are looking at the last Q representing the Quarter ended on 9/30/16 and throwing BS. At that time the company was RAISING money and now the company HAVE money ( over 2mm$ and no convertibles notes - so no toxic dilution is expected).
3. Kodiak or its assignee "old nation " have 0 shares . They dumped it to the market already in September 2016
The fact
Yes , great DD , also , Michael Jordan is not playing anymore and so is Magic and Dr.J
Do you know what pre clinical trials at all ??? Pre-clinical are prior to human studies ! Human infected with psoriasis can only take part of trial once safety study is done and not before.
You miss the magnitude of this release !
Go online and research , show me of any study clinical or pre - for psoriasis or any other inflammatory skin disorder that ever showed " reduction in inflammation markers "
What we all see here are MM washing shares ...nothing more nothing less! Each buy on the ask is followed by immediate 300 shares on bid
And what figures exactly were you expecting ?
Showing significant reduction of several inflammation markers related to psoriasis ....I guess you know no one who is infected with psoriasis .
ARE YOU JOKING ? Nothing new?
You need re-read what the 60-90 refers to . OTHER SKIN CONDITIONS AND DISORDERS
Company just updated on the efficacy. You might want to read it
Most likely the PR will be out tomorrow on the am
News are out !
Look at company's 8k and 10Q
This is very old report , company filed updated numbers many time since
That's not a dump . That's a MM double printing . One of the many wonders of the otcmarkets
Sorry , your post was misread by me !
Sorry !!! Miss read your post . Please forgive me !
You are the one not reading information and filings .
Instead of referring to Q that is effective to 09/30/2016 try and read all other SEC FILINGS (8k' if you don't where and what to look for)
More than 2mm in bank
Debt free company
How did you sign ? LOL...
You are the same guy that showed here when we were 0.08, saying it's gonna go sub penny ...
No promotions !! 0 $ for promotion ! All organic based on facts and not on P&D
This is complete BS . SEC have issues with a person that used to be CFO for the previous activity back in 2010 for 3 months or so .
If SEC would have issues with Owcp , don't you think they will do something ?
100% MMJ .
In one of their 10k
History
They already reported two years ago that they ceased dealing with it
If you are asking weather there is a "stock" promotion - the answer is ZERO.
Not one single $ was invested , neither by company , nor by third party
Invite us all to listen to your classes when u next teach on Yale business school . You are so talent , smart and sophisticated that I must get to know u in person .
Mods please ban this dangerous ignorant person.
He is pretending to be Jew , most likely pretending to be Rich . He is using this stereotype Rich =Jew , while in fact he must be worthless person with no skills or qualifications .
Read the 8k from November 28th . It's all in it . This is why they are going after NY based law firm
There is no cure for psoriasis . There is one biological medicine that deals with some of the side affects and create 20 other bad side effects . Most of the psoriasis infected people choose not to use it
I am not sure why you think it's a competition , to me it looks more like a PR practice ! What type of cancer will they be trying to cure ? There are more than 10,000 types....
Will they conduct human trials , to prove safety and efficacy ? I doubt it . U.S Federal forbid it ...
Happy Chanukah !!