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Looks to be getting ready for a move
I think some have jumped
All that info comes from the filings and is verified after by otc
Otc markets is not up to date daily
The only part that can change is if warrants were exercised form previously
They are a otc qb company, everything is in the filings if you read them.
Read the 8k that states every deal they made and it's all there. You were right up until that.
There is no volume on the otc at all. Look at the dollar volume for the otc qb then look where it all is, there is 4 tickers making up 90% of the dollar volume
The restricted shares are all documented in the 8k as the private placement happened
It's actually pretty obvious that once the new chairman was appointed the strategy changed, no more individual communication, and a quiet time. It's the uncertainty that is dropping the pps, on pretty low volume.
The safety study is happening per the 8k, it could be finished. That study could be what is needed to export the cream to Germany. In reality the safety study is 60 days late by the early estimates. Not bad enough to warrant the drop.
Os has gone up 11 million in a year, not to bad.
If they are scamming, they left a whole hell of a lot of money on the table
20 million shares is not a lot, the volume has been low
It would probably only take @20 million in buy volume to put this north of .75
An epic bounce is coming.
While the pps has fallen the volume has been very low, I don't even think the float has turned over since may.
The only reason it dropped so fast is there isn't enough liquidity, but the company is in a better position now than ever.
Just because they haven't been putting out news doesn't mean they won't, everyone wants to see revenue or cream sales but never thought about how that would happen, mmj is still illegal in a lot of places and not widely accepted yet.
The new chairman comes from a dermatology drug company that has money coming in, to think that a synergy is not about to happen is ludicrous. Don't know when but I would bet its soon because liquidity is back on the otc as summer is over,
It's do or die time for Owcp, who's board members are paid in stock that they can't and haven't sold, so the difference between this company and the other crap has always been the no toxic debt which still remains, it's not that they don't care about the share holder, the reaction from the news they put out has been negative every time recently. They stopped communication with individuals which is a good thing, I always hated it when people insist on calling the company like they are going to get inside information.
I'm pretty sure it was 6-9 was the conservative timeline but 3-6 was possible
I don't remember them ever stating publicly the safety trial was FDA phase 1 equivalent before that shareholder letter.
This is right in the wheelhouse of the earlier part of mediq timeline to bring product to market in Germany
The bounce will come, a lot of long that sold only sold because they didn't want to wait while pps dropped and will buy back as soon as bottom is in, which will make the bounce even stronger
If Owcp gets patent approval wouldn't they be the first to get a plant based cbd thc patent?
I like Owcp but that bootleg website with Pfizer bs is comical.
It's an important week for the stock, needs to break and hold .40 with conviction before I'll be convinced of a reversal.
Let that ppo cross over tomorrow and the adx line curl down with a little volume and the next stop will be .60 or better
Plus without any earth shattering news since the cfn deal one would assume something coming
I think no big news yet contributed to the drop
Looks like pincher confirmation coming
Is that proverb in the New Testament or Old
In vitro testing is standard for preclinical study
They said the study was in vitro from the beginning
This one has a nice pinch setting up on the daily
I'm surprised that one isn't higher
Good volume and momo recently but seems stuck
Cnbx lost 90% of its value and recovered
Really going out an a limb there saying a otc stock is going to go down in the summer when everyone knows the otc is pretty slow in the summer
I get it but they gave him the same information that was public at the time.
The company didn't mislead one particular person, they gave the information at the time that they believed, which was also what was stated in filings. Giving one investor different information than was given public is a crime.
The July end date was from day one, estimated
And cream sales was always dependent on certain laws and regulations that would allow it.
Earnings next week
I was just looking at that myself
Did anyone really expect them to give you information that is different than what they publicly stated in filings?
That would be a crime and it's no surprise that they are getting tight lipped.
You are wrong sir that the 86 million was before 30 million shares by kodiak in 2016
It is still July and there was never a firm date only an estimated date.
And it says final data collection date and study end date in July. It never says anywhere that data was to be released in July
And still a 120 bagger off the low
Probably better to say they will not take anymore toxic financing
They are bringing it to market in Germany and Europe only
Holy shi£ green