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Be that as it may, in the OTC to avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
To execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.
Here...let's make it easy for those new to understand...
Breakdown of the 8-K from our fellow board compatriot FELLER
The 8K is updating us from things that have happened from January 9th through February 22nd, it says. To start with, we learn about over $1.6M in additional funding that was raised by selling Restricted Shares to investors who obviously see the potential here. This is awesome for a couple of reasons off the top of my head — This is non-dilutive financing, as these new investors must wait 6 months to sell a single share, and their 6 month date all comes at different times. (Though, I strongly suspect most won’t sell in 6 months anyway since OWCP is clearly a solid long term play.) Each of these investors has a Warrant that allows them to purchase an equal amount of discounted shares within 18 months. So, on the assumption that it would be idiotic to NOT exercise that warrant — OWCP will have even more cash available anytime between now and 18 months. Once again, I repeat — OWCP has NO TOXIC DEBT whatsoever!
What is non-dilutive financing? (not a new concept)
http://blogs.nature.com/tradesecrets/2012/10/09/non-dilutive-financing-for-biotech-startups
Or, the fact there are overseas investors? Like Israel? EU... Your opinion is as good as mine ;)
Trading in extended hours enables investors to react quickly to events that typically occur outside regular market hours, such as earnings reports. However, liquidity may be constrained during such Form T trading, resulting in wide bid-ask spreads. Form T trading is especially suited for overseas investors, since they may conduct the bulk of their U.S. trading when their markets are open but U.S. markets are closed.
Read more: Form T http://www.investopedia.com/terms/f/formt.asp#ixzz4aJ1QbTyY
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Yeah not sure.
Check this post and general explanation.
http://investorshub.advfn.com/boards/m_read_msg.aspx?message_id=129201898
I saw it, T Trade, settled now. $1.36
I see it too, not sure what to make if it.
Oh I'm with you brother. I'm not happy, but I was fortunate to be in in September. Personally this is where we should have been after being at .915... Nice steady growth, instead, the MMs took full advantage of the hype and worked everyone over. we'll probably churn here for awhile until the next 8-k.
Good luck to you and the rest of us.
OWCP$$$
Just in case you didn't click on the link.
The 8K is updating us from things that have happened from January 9th through February 22nd, it says. To start with, we learn about over $1.6M in additional funding that was raised by selling Restricted Shares to investors who obviously see the potential here. This is awesome for a couple of reasons off the top of my head — This is non-dilutive financing, as these new investors must wait 6 months to sell a single share, and their 6 month date all comes at different times. (Though, I strongly suspect most won’t sell in 6 months anyway since OWCP is clearly a solid long term play.) Each of these investors has a Warrant that allows them to purchase an equal amount of discounted shares within 18 months. So, on the assumption that it would be idiotic to NOT exercise that warrant — OWCP will have even more cash available anytime between now and 18 months. Once again, I repeat — OWCP has NO TOXIC DEBT whatsoever!
Also non dilutive
LMAO, c'mon dude, did you read the 8-k? OWCP financed the diamond sponsorship with the release of 300,000 Restrictive Shares...aka non-dilutive financing. <<<<<<----
A genius move by management.
For NEWBIES
Here's a link from FELLER's breakdown of the 8-k and what non dilutive financing is and how it pertains to biotech.
http://ownthefloat.com/index.php/2017/02/25/owcp-irb-approval-nih-registry-oh-my/
NOT A NEW CONCEPT (2012)
http://blogs.nature.com/tradesecrets/2012/10/09/non-dilutive-financing-for-biotech-startups
Good luck. OWCP$$$
Hey GreekGal72,
OWCP is OTCQB, not pink sheet stock.
OTCQB® - The middle marketplace is referred to as the Venture Stage Marketplace. Companies that trade on this marketplace file reports with the SEC or other U.S. regulator on a regular basis. However, there are no financial requirements for listing. Over 3,000 companies trade on this marketplace
OTC Pink® – Most companies from the old Pink Sheets® landed in this marketplace. This is referred to as the Open Marketplace, and there are no filing or financial requirements for companies that trade here. Companies may file reports to the SEC or other agency at their choosing. OTC Pink securities are further categorized into three segments:
1. OTC Pink Current Information – All companies that furnish ongoing quarterly and annual audited financial reports to OTC Markets Group’s OTC Disclosure & News Service fall into this marketplace. This can include shell or development stage companies with little or no operations.
2. OTC Pink Limited Information – Companies that have filed a quarterly or annual report within the past six months via the OTC Disclosure & News Service fall into this marketplace. Those that fall into this category are often experiencing financial problems or insolvency.
3. OTC Pink No Information – This is for companies that have not submitted information of any kind to OTC Markets Group or the regulatory agencies within the past six months. OTC Markets Group also classifies some companies as “Caveat Emptor” and includes a skull and crossbones icon next to the company’s ticker symbol. Caveat Emptor companies often engage in questionable business practices and shady dealings, and are generally considered to be the riskiest segment of the entire stock market.
Read more: OTCBB and OTC Markets Group | Investopedia http://www.investopedia.com/articles/investing/070513/otcbb-and-otc-markets-group.asp#ixzz4aDmnvb7O
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Amen... Brother. In in Sept. Boom. Sorry they missed out.
OWCP $$$
Correct bud.
Dilution is a reduction in the ownership percentage of a share of stock caused by the issuance of new shares. Dilution can also occur when holders of stock options, such as company employees, or holders of other optionable securities exercise their options.
Except here from OwnTheFloat
The 8K is updating us from things that have happened from January 9th through February 22nd, it says. To start with, we learn about over $1.6M in additional funding that was raised by selling Restricted Shares to investors who obviously see the potential here. This is awesome for a couple of reasons off the top of my head — This is non-dilutive financing, as these new investors must wait 6 months to sell a single share, and their 6 month date all comes at different times. (Though, I strongly suspect most won’t sell in 6 months anyway since OWCP is clearly a solid long term play.) Each of these investors has a Warrant that allows them to purchase an equal amount of discounted shares within 18 months. So, on the assumption that it would be idiotic to NOT exercise that warrant — OWCP will have even more cash available anytime between now and 18 months. Once again, I repeat — OWCP has NO TOXIC DEBT whatsoever!
LMAO, c'mon dude...seriously
http://www.owcpharma.com/contact-us/
Address:
30, Shacham Street
Petach Tikva,
Israel
Mailing Address:
PO Box 8324
Petach Tikva
4918103 Israel
ASCM - play the game against them...
Found this snippet on another ticker
Rules of Engagement with ASCM MM:
They ran OWCP twice on short squeezes
1- when they are top ask hammer the hell out them
2- never fill them on the bid
3- when hiding under cdel or nite which the like to do, hammer the ask
4- when they show 10k shares hammer time
LMAO, c'mon... because the majority of the people in that room, at that time, are here on iHub.
Thanks for attending and sharing your perspective, but Friedland bringing the room up to speed on the industry...the "emerging" industry was a bit long, but necessary.
WE know this, they may know this, but never assume anything. Ziv says it all in the last three minutes.
listen to the audio from our collective board friend: Cherry
Sorry no, read my/the prior post
Right! But let's be perfectly clear here, there was no cash outlay, rather the release of 300,000 Restrictive Shares...aka non-dilutive financing.
A genius move by management.
For NEWBIES
Here's a link from FELLER's breakdown of the 8-k and what non dilutive financing is and how it pertains to biotech.
http://ownthefloat.com/index.php/2017/02/25/owcp-irb-approval-nih-registry-oh-my/
NOT A NEW CONCEPT (2012)
http://blogs.nature.com/tradesecrets/2012/10/09/non-dilutive-financing-for-biotech-startups
Good luck. OWCP$$$
LMAO... sorry bud, I was in in September... 1s LOOK GREAT, 2s BETTER, $3s..
sorry you missed the boat. Not really whimpering at all...
Good luck to you!
OWCP$$$
See our friend CommonCents3's response here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129108778
Yup, I'll take it...I've been here since September!
So, it really doesn't matter now does it? But it won't go under 2.20.
Hope you were in then or even before...
OWCP$$$
What??? We need some validation please!
SFOR$$$
LMAO! 6 posts into the OWCP game and we're falling!
Hey crispy read up on our dear friend FELLER's recent post on Ownthefloat.com. Great DD there and picking up the cheapies at $2.62 is better than $2.63, $3.63, $4, $5... Etc
Good luck, sorry you missed it in September...
OWCP $$$
No, but I LOVE the city!
Last time I was there a bunch of us went to Newtown...that as a long time ago, tho. Not sure if it's still there.
Good luck to your OWCP play!!!!
OWCP$$$
LMFAO!!! I'm tattooed forward and backward...but I'm with you...I'm sure I can find some canvas to add OWCP
GLTU and us all!
OWCP$$$
WHATTT????
Holy smokes! Congrats multi-bazillionaire! LOL
OWCP$$$
PS: not showing up on L2...
69 Companies in the AgroSphere ETF
https://www.newcannabisventures.com/first-cannabis-etf-in-the-works-emerging-agrosphere/
The current sixty-nine constituents include: 22nd Century Group, Abattis Bioceuticals, Abbott Laboratories, Abbvie, Aero Grow Intl, Affinor Growers, Agritek Holdings, American Cannabis Company, Americann, Aphria, Arrow Electronics, Aurora Cannabis, Axim Biotechnologies, Beleave, Cannabics Pharmaceuticals, Cannabis Sativa, Cannabis Science, Cannabix Technologies, Cannagrow Holdings, Canopy Growth, Cara Therapeutics, Cree, CV Sciences, Easton Pharmaceuticals, Eco Science Solutions, Emblem, Emerald Health Therapeutics, General Cannabis, Golden Leaf Holdings, Green Cures & Botanical Distribution, Greengro Technologies, Growblox Sciences, GW Pharmaceuticals, Heliospectra, Hemp Inc, ICC International Cannabis, Inmed Pharmaceuticals, Insys Therapeutics, Kaya Holdings, Kush Bottles, Maple Leaf Green World, Marapharm Ventures, Marijuana Company Of America, Massroots, mCig, Medical Marijuana Inc, Medicine Man Technologies, Mentor Capital, Naturally Splendid Enterprises, New Colombia Resources, Novus Acquisition & Development, Nutritional High, Organigram, OWC Pharmaceutical, Pharmacan Capital, Pharmacyte Biotech, Rocky Mountain High Brands, Scotts Miracle-Gro, Signal Bay, Supreme Pharmaceuticals, Surna, Terra Tech, Tetra Bio-Pharma, THC Biomed, Trailblazer Resources, United Cannabis Corp, Veritas Pharma, Vodis Pharmaceuticals and Zynerba Pharmaceuticals.
Right! But let's be perfectly clear here, there was no cash outlay, rather the release of 300,000 Restrictive Shares...aka non-dilutive financing.
A genius move by management.
For NEWBIES
Here's a link from FELLER's breakdown of the 8-k and what non dilutive financing is and how it pertains to biotech.
http://ownthefloat.com/index.php/2017/02/25/owcp-irb-approval-nih-registry-oh-my/
NOT A NEW CONCEPT (2012)
http://blogs.nature.com/tradesecrets/2012/10/09/non-dilutive-financing-for-biotech-startups
Good luck. OWCP$$$
Right! But let's be perfectly clear here, there was no cash outlay, rather the release of 300,000 Restrictive Shares...aka non-dilutive financing.
A genius move by management.
OWCP$$$
Someone just dumped nearly $100k at 2.97
WOW! SNAPPED RIGHT UP!
OWCP$$$
OFFICIAL PR: NEWS PROVIDED BY
OWC Pharmaceutical Research Corp.
Feb 27, 2017, 07:00 ET
www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-receives-irb-approval-to-initiate-safety-testing-on-its-cannabinoid-infused-cream-for-treatment-of-psoriasis-614852354.html
Hmm mine, too.
Don't what to tell you there!
BUT...loving $2.80 :)
OWCP$$$
AKA as non-dilutive financing. OWCP$$
Here's a link from FELLER's breakdown of the 8-k and what non dilutive financing is and how it pertains to biotech.
http://ownthefloat.com/index.php/2017/02/25/owcp-irb-approval-nih-registry-oh-my/
NOT A NEW CONCEPT (2012)
http://blogs.nature.com/tradesecrets/2012/10/09/non-dilutive-financing-for-biotech-startups
Good luck.
OWCP$$$
OWCP... If you read the 8-k, then you'd understand that was non-dilutive financing.
Here's a link from FELLER's breakdown of the 8-k and what non dilutive financing is and how it pertains to biotech.
http://ownthefloat.com/index.php/2017/02/25/owcp-irb-approval-nih-registry-oh-my/
http://blogs.nature.com/tradesecrets/2012/10/09/non-dilutive-financing-for-biotech-startups
Good luck.
OWCP$$$
Here is an outstanding article by FELLER to help answer your question.
http://ownthefloat.com/index.php/2017/02/25/owcp-irb-approval-nih-registry-oh-my/
Try this calculator: Early 401k Withdrawal to generally see the tax implications.
https://www.wellsfargo.com/investing/retirement/tools/401k-early-withdrawal-calculator/
That's an old article, December 2016.
Here's a more recent one... Feb 22, 2017
https://www.insiderfinancial.com/viaderma-inc-otcmktsvdrm-is-one-we-keep-coming-back-to/119728/
LMAO! That's too funny... but true!
OWCP$$$
Correct TJWOLA and here's some DD for our new mod
Here's more DD to catch up on thanks to ReadyorNot321
*** COMPLETE DD *** OWCP *** UPDATED ***
OWC PHARMACEUTICAL RESEARCH CORP.
http://www.owcpharma.com
*Cannabis Research for Treatments*
Based in Israel
Ticker [OTC : OWCP]
Overview
OWC Pharmaceutical Research Corp. is engaged in the business, through its wholly-owned Israeli subsidiary, One World Cannabis Ltd., of conducting medical research and clinical trials, in full compliance with all international regulatory protocols, for the development of cannabis-based products and treatments specifically designed for Multiple Myeloma, Psoriasis, Fibromyalgia, PTSD, Migraines, and unique delivery systems.
OWCP Board of Advisors - Jeffrey Friedland Video on One World Cannabis
http://www.cannabisfn.com/cfnvideo/?id=nVH1IOjO
OWCP News
OWCP - Completion of Medical Cannabis Sublingual Tablet
http://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-completes-development-of-its-medical-cannabis-sublingual-tablet-597730661.html
OWCP - Psoriasis Crème News
http://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-to-initiate-efficacy-testing-on-its-cannabinoid-infused-cream-for-treatment-of-psoriasis-596631521.html
OWCP Announce Financing and Joint Venture with European Distributor
http://finance.yahoo.com/news/owc-pharmaceutical-research-corp-signs-122100166.html
OWCP Announce Partnership with Medmar for USA Distribution
http://www.otcmarkets.com/stock/OWCP/news/OWC-Pharmaceutical-Research-Corp-Signs-Agreement-With-US-Partner-for-Funding-in-Advance-of-Future-Royalties?id=141678&b=y
OWCP Research
All Company News Releases, Financial Info and SEC Filings
http://www.otcmarkets.com/stock/OWCP/news
Investors http://www.owcpharma.com/investors/
Teva Pharmaceuticals [NYSE:TEVA] interested in OWCP Patents
http://www.jewishpress.com/news/breaking-news/teva-pharmaceuticals-thinks-its-high-time-for-medical-marijuana/2015/07/21/0/?print
Dr. Ben-Zion Weiner of TEVA was among the original investors in OWCP, and is advising the Company.
Dr. Ben-Zion Weiner was Head of Global Research and Development at Teva Pharmaceutical Industries Ltd. for over three decades, including as Chief R&D Officer and as a member of the Teva Executive Committee.
USA Cannabis Expert Jeffrey Friedland on Medical Cannabis / Israel and OWCP
http://www.jeffreyfriedland.com/single-post/2016/11/07/Tuesday%E2%80%99s-Voting-and-the-Impact-on-the-US-Cannabis-Industry-of-Strategic-Relationships-with-Cannabis-Researchers-in-Israel
Own the Float - OWCP Blog
http://ownthefloat.com/index.php/2016/11/10/owcp-more-positive-signs/
OWCP Videos http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126157756
Industry Articles
The Economist - Medical Marijuana in Israel http://www.economist.com/news/middle-east-and-africa/21709343-tech-sector-prepares-booming-global-demand-light-up-nation
Israeli Pharmacies to Start Selling Medical Cannabis
http://www.ibtimes.com/marijuana-legalization-israeli-pharmacies-start-selling-medical-cannabis-2434624
Israel - Making the Desert Bloom with Cannabis
http://www.dopemagazine.com/fire-friday-israel-making-desert-bloom-cannabis/?utm_content=buffer3c158&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Canadian Pharmacies to Start Selling Medical Cannabis
http://money.cnn.com/2016/10/26/news/companies/canada-medical-marijuana-shoppers-drug-mart/
Marijuana Set To Become Billion Dollar Industry in Canada
http://420intel.com/articles/2016/11/24/marijuana-set-become-billion-dollar-industry-canada
German Pharmacies To Start Selling Medical Cannabis
https://www.merryjane.com/health/germany-medical-cannabis-legislation-history
South Africa Just Approved Medical Cannabis
https://btl.co.za/government-just-approved-medical-marijuana-in-south-africa/
Australia Cannabis to be Legalized
http://www.canberratimes.com.au/act-news/medicinal-cannabis-to-be-legalised-in-australia-from-november-20160901-gr6kb5.html
NY Times - Marijuana Company Prepares to Cross State Lines
http://www.nytimes.com/2016/11/10/business/smallbusiness/marijuana-company-prepares-to-cross-state-lines-as-legally-as-possible.html?_r=0
USA States with Legal Cannabis
http://medicalmarijuana.procon.org/view.resource.php?resourceID=000881
OWCP Pharma Board of Advisors - Jeffrey Friedland Blog
http://www.jeffreyfriedland.com/blog
Follow OWCP on Social Media
Facebook - https://www.facebook.com/OWCpharma/
Twitter - https://twitter.com/OWCPharma
OWCP Web Site - http://www.owcpharma.com/
Follow on Investors Hub [iHub] – Investors Forum
http://investorshub.advfn.com/OWC-Pharmaceutical-Research-Corp-OWCP-16859/
Industry Videos
Cnn - Legal Marijuana Market is Growing - Could Cannabis be Legal Nationwide?