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No doubt in my mind.
Response:
1) Company being overseas is why they're so far ahead on research and development. Remember, Marijuana has been illegal up until recently in the United States. They're based out of Israel, where their Government welcomes and encourages the research. They have guidelines to follow in order to utilize the biggest hospitals in Israel for research studies. Not like they're operating out of a 3rd world country without experienced, accredited Doctors.
2) Yeah, they're at $0.69 right now. They have a fair share structure compared to other MMJ stocks that have run high without revenue/profit. There's certainly risk in everything, but if you read through the DD -- there's a lot more potential for REWARD here than 99% of "pennystocks". This is also OTC QB vs. OTC Pink Sheets -- so that's an upgrade as well.
3) If the research fails? Thankfully the 8K's have all indicated success so far. Their IRB approval was big and they moved forward to studies at the largest hospital in Israel, where an 8K announced "encouraging results" which lead to increasing the size and scope of the study. Then they add two Advisor Board Members -- one who specializes in FDA approvals and one who has been a Dermatologist for 15+ years. I think that all points to POSITIVE updates coming.
4) Skin Cream is the ONLY product going for them? You must have missed the memo about the Sublingual Soluble Tablet... The product that will be able to treat PTSD, Fibromyalgia, Migraines, etc. What about the Multiple Myeloma product that in early studies/testing has yielded good results so far on mice? Yeah, early stages, but those updates were last year too. Psoriasis isn't a tiny market. AstraZeneca sold off their TROUBLED drug, which was linked to SUICIDE as a side effect, for $445 MILLION... So, when OWCP releases a Natural Cannabis-based product that doesn't make you want to kill yourself... Tell me why that product can't have a value that exceeds $500M -- to be Conservative.
Just another fool about to be proven wrong.
I've seen guys post stuff like this back at 0.20/share too. I bet they crapped themselves when we hit 0.95 and maintained above 0.50 ever since.
Just need some of those updates to REALLY start running.
People are waiting on some approvals/updates so they know it's absolutely running to multi-Dollars like the other MMJ stocks.
That's the theme.
You're truly a big asset to this stock and it's shareholders. :)
Yesssss, sir! Nicely done!
Exciting journey we're on here.
YUUUP! This is preciously why I've been saying I expect News by around middle of February and possibly another 1+ by March 1st.
That was my suspicion. Build up to a bigger, better PPS before the Conference.
Also, with the Conference on March 1st -- we shouldn't expect much action from the Big Dogs immediately. Sure they may be blown away by the presentation, but some of them will go back and do their homework still before buying.
Patience continues to be THE KEY.
A guy I talk to daily told me on Monday/Tuesday to not worry about small red/green early on -- that the good stuff happens Thursday & Friday WITHOUT news based on the chart & technicals.
Granted, with News... Watch out! Blue Sky!
Seeing 0.6999 on the Ask makes me chuckle.
15,000 x 0.6999 = $10,498.50
15,000 x 0.70 = $10,500.00
Seriously? Can't just bump it up to 0.70?! Hahaha.
Yup, once we announce a couple key things... Should be off to the races.
Agreed, sir.
www.TopCannabisStock.com
At one point both AstraZeneca $AZN and Amgen $AMGN thought they were on to a new blockbuster as they started Phase III on brodalumab. Then it became evident the drug spurred suicidal thoughts among patients – some of whom went on to kill themselves. Amgen walked away, and after blustering about seeing it through, AstraZeneca sold it to a bottom-feeding Valeant for a mere $100 million upfront, $170 million in development milestones and $175 million in sales bonuses.
https://endpts.com/valeant-gets-an-fda-ok-for-new-psoriasis-drug-brodalumab-but-theres-a-big-catch/
Yet, they bought it for $445M from AstraZeneca. :)
Again... Why I feel we should easily have a Market Value in excess of $500M soon!
The Wall Street Conference...
OUCH! That's... not good! Quite sure OWCP's topical cream won't have side effects like that. ;)
I just about put my shares for sale - literally yesterday. Decided I'd not mess with it as it could come back and make a little run.
Seeing this today, makes me think that's possible again. I initially bought at 0.0004 too.
Me as well. Even if it's through some licensing deals like they mentioned.
Lots of potential.
Good stuff, GG.
I suspect if that news ever frickin' drops you'll see far more than $0.60...
Patience will reward you! We're half way through February!
I'll have more money available soon too, I just try and put my order in at ASK. But, that's because I can't sit and watch and watch to see if it filled so I an see if I need to move up.
Personally, I think you've made a wise decision.
I say that as a guy who could cash out the most profit I've ever made in a stock, but refuses to even CONSIDER at such a low PPS -- when I feel SO confident in what's coming in a few months -- let alone 6 - 8 months.
No, pretty sure markets are closed.
I feel like this Blog is necessary again.
http://ownthefloat.com/index.php/2017/02/08/owcp-still-very-capable-of-1000-gains/
"Oh no! A red day! What will I do?!"
Wait. Just like you knew you had to do last week and the week before.
We have TONS of potential IN TIME.
I personally still suspect News soon, but we DEFINITELY know the March 1st conference has potential and we know our study is completing within March -- possibly towards the end.
Then, Q2 starts. Product launch news soon.
LOTS OF POTENTIAL FOR GROWTH IF YOU CAN BE PATIENT!
I suspect it was around 0.64, as he was just previously talking about that price range.
Friday is the one month anniversary of the 0.95 52-Week HIGH!
Hope to surpass that with juicy News.
True stuff, man!
I'm a Patient Pete. If we're at 0.65 by mid-March or beyond, I'll change my tune.
I know a guy who added 100,000 shares today. He didn't say at which PPS, but kind of made it sound like at at once.
It's only Wednesday. If we get an update on any one thing tomorrow or Friday, it's a perfect time considering the chart situation I'm told. :)
Yes, patience will be needed. We know what's coming, we just have to be calm and not worry about the day-to-day stuff until March/April.
It's not far away. Less than 1 full weeks!
We very well should see SOME kind of News by February 28th, I assume. I'll be SHOCKED if we don't.
A technical/chart guy I just talked to explained we'd likely see a sideways day today, but should look better by Thursday and Friday.
So, technically, a News release would be best timed for Friday or Monday if they were purposely waiting and caring about chart action.
Though, I am definitely NOT suggesting that's OWCP Management's intentions with updates. Just saying, apparently that's the ideal time to let the News come out according to this technical/chart guys' opinion.
I'm sure I'll check in 10 times, but if it remains red with low volume... Ehh...
Mornings are always bad, so it's not a good way to guage the day either.
Well, I don't plan to be around much today.
No sense in wasting my time watching boring trading days when I know the real action is/should be coming later in the month... and next month... and the month after...
On a plus note, if there's really not going to be a PR by Friday, I should have more cash available to buy more as well.
Perhaps we've gone to different conferences, because the ones I've been to... People don't typically leave.
There's as many people there throughout the entire event as there was at the beginning or end. And nearly as many for the cocktails and such in the evening.
That's based on a handful I've attended in the last several years.
Why are we comparing Cannabis Medicine company to one of the worlds largest electronics makers?!
Why can't we compare OWCP to similar industry folks like AXIM and GWPH?
This is kind of a new industry that's set to explode. There are many posers in the Cannabis space, but OWCP's 8K's do a good job of proving they're doing things properly so they can be taken seriously as Pharma!
Now THAT'S some good homework. Bravo!
Yes! Conservative guess, as that's "only" ~$320M market cap.
We should certainly shoot passed $500M once the product is deemed 'proven', but keep sailing beyond that point with the updates of other products and revenue.
Seriously, now I'm just getting tormented.
First, you got the ** Today NEW OWCP Feb 15th headline posted that made me think NEWS because of "NEW" ...
Then, I just refreshed my iHub watch list and a newspaper icon appeared down towards OWCP -- just two above it. Naturally, thought it was OWCP's before I really looked close.
Ugh.
Yeah, it's really making me wish my days away -- sadly.
I have to constantly remind myself to stay calm and be patient.
We know it's coming... Just not sure if it's Q2, Q3, or even Q4 (in regards to when I'd finally sell off a small amount of shares so I could start building my house -- which I was planning long before OWCP, mind you.)
Haha. Yes, this is true.
$1.20 is far more likely than 0.20 in the coming weeks.
As always... I like your post.
Well, I'm going to have to go to bed early tonight -- I cannot wait for tomorrow.
I'm REALLY hoping I wake up and see a Tweet from @OWCPharma with the words "NEWS!" or something to that effect. Hahaha.
I hope I'm not wrong!
Oh, no, I agree they were successful and probably have done "very well for themselves".
I just have no idea what their Net Worth was. I mean, if we're talking about some guys who made $150,000/year for the last few years or even more... Investing $105,000 into something is still not toilet paper, right? :)
If they have $10M net worths with $5M cash in bank/investments... $105K isn't "a lot".