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Think about it, they just recruited a star scientist, they are all paid based on the performance of the stock and they are being quiet about to results because they must know this is going to explode at some point in the not to distant future. This is setting up perfectly
Stop looking at the price every 10 minute and you will feel better. We got a significant upgrade in medical staff and from what I can tell a strong chairman leading the way here. Nothing is going to move until the safety study is reported on and our IP is protected. That could take a while
You got it last week
Agreed. Something very strange is going on.
Seems likely that there will be no buyers until more details come out about what is going on with the SEC. this could be very tough on the pps in the short run.
I agree! If anything this may put an end to the manipulation going forward which should benefit long holders greatly
I’m ok. I averaged way down from that initial purchase and I have great confidence in the company. Just bought at the wrong time initially.
The thing that worries me the most about this SEC situation is that that Knucklehead Ziv could have done numerous stupid things while he worked for OWC that have not come out yet.
If there is something wrong with buying a bunch of shares and losing 80 percent of my investment then call me guilty
The SEC is so backed up that this could have been a response to a complaint from early 2017 that they are just getting to now. Who knows but it appears that OWC do nothing wrong.
I agree 100 percent! Value investor shows up every so often with some false insider info to stir thing up. We will all be in great shape in 18 months.
Don’t hold your breath.
This is a example of why OWC should respond to reasonable e mail questions. They stated months ago that they were going for the new exchange status then no info about it. This response is reasonable and had someone at the conference not asked the question we would be in the dark about this.
You should be fine by July
I will send it out when I get a minute
It looks like Baruch is being charged with having sex with a patient that took place in 2015. He most likely will lose his medical license over this. This must be why they made the move today. This could be why things have been moving so slowly.
The news I would absolutely love to hear in the near future is that we have a strong positive IRB safety study result and that we have a licensing plan that we can sell the creme in Germany, Canada and Australia to begin with. We should be very close to getting this. Then we take off.
I have a feeling they are going to knock it out of the park next week.
Agee. After all the delay and silence all these months if the conference is a dud we will have all the info we will need to see where this is going.
What do you base this up beat opinion on?
I don’t think it’s about courage for me to stay in this stock. It’s about this company giving me enough info to justify staying in. This is an OTC stock that first gave me the distinct impression last spring that they were soon to generate revenue from the sale of the creme-didn’t happen. We were then to see a published article about the creme in and around sept as stated by Rozenblat-didn’t happen. The efficacy results should have been done and reported on already-didn’t happen. Now we will see them in person and a lot rides on what they are willing to give us.
This is the result of the the battle being fought behind the scenes by big Pharma and the alcohol lobby against medical and recreational marijuana. The problem we have right now is that there is no strong financial lobby that can compete with these two forces on behalf of legalization our re scheduling in Washington. Money is everything there and until the legalization forces become stronger we are at a disadvantage. In my opinion this is why we are seeing these decisions being made.
I remember all those reports about how great the conference was last yr. I think most of those folks sold and we never heard from them again.
I will try to video tape it and share it
I think the conference is sold out.
I am going to fly to that conference in a few days and listen very closely to what they have to say. If they give a half assed presentation or just repeat info that we already know I am selling out my position as soon as they are done. I really hope I do not have to do that but I have a large amount invested in this company and I was certain they were going to give us some sort of update by now.
I’ll help even more. Every time I buy this stock it goes down. I’m not buying anymore so it will go up for sure now.
It’s going to get walked down on low volume. Wouldn’t be surprised with low 30s. Then loaded and snap back to the 60s
I watched the Bill Nye episode on Cannabis recently. I looks like CannRX is working on the same pill that we are. Does anyone know where they stand with their product?
They are going to take this way down before they let it run
Good post! This is exactly what I am hoping to hear. We can’t afford any more mystery relating to the timing of revenue.
I don’t think the conference will drive the price up or down. OWC needs to start doing what they say they will do. They told us an update is coming in early 2018. This needs to take place with some sort of positive, verifiable data. If this does not take place then your low share price target is a real possibility. I think they will deliver good news. I loaded up heavily in the 4th q expecting a strong update.
They should give them the 100k in stock. That should get the share price to $6.5 if that is the case
I am hoping that they give us more this time around. If they spend 10 percent of their working capital and get nothing again this ticker is a lost cause.
They spent the 100k last yr and gave us nothing.
I couldn’t agree more with this. The overwhelming fear here is that they don’t have any good news to share with us so they stay silent. It has been my experience that good news is shared quickly and bad news is held close to the vest as long as possible. I truly hope this is not the case here but it very well might be. In my opinion this is why the market cap is 65m rather than 150m.
No volume today. Capital is going to better opportunities. The market may have lost confidence here in the short run.
Me too. This clam is going to shape shift into an eagle before to long
This ticker is a lot like a clam. Lays low and doesn’t move much.