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Biotechnology Industry Organization (BIO) members include world's largest pharmaceutical companies such as Novartis, Pfizer, Roche, Bayer, GlaxoSmithKline, Johnson & Johnson, Amgen, and many more.
If the "BIO-DATA" in the 8k is this BIO, OWCP could not find a better platform to publish efficacy clinical results!
BIO-DATA IP PROTECTION
I did a quick Google search using the keywords "biodata clinical trials" and this was at the top of the search results which makes total sense thinking of tomorrows 8k/PR.
https://www.bio.org/articles/bio-principles-clinical-trial-data-sharing#
Biotechnology Industry Organization (BIO) has a platform to publish safety and efficacy clinical trial data. This is from link above:
"BIO and its member companies supported the provisions of the Food and Drug Administration Amendments Act (FDAAA) of 2007 that expanded the registration and summary data requirements for ClinicalTrials.gov. In compliance with FDAAA, BIO member companies currently register, at minimum, all clinical trials beyond Phase I on ClinicalTrials.gov. BIO also provided recommendations to the National Institutes of Health (NIH), which was tasked with overseeing the expansion of ClinicalTrials.gov to include summary clinical trial data for certain unapproved products.
In addition, BIO member companies already routinely publish their clinical trials in peer-reviewed scientific journals and present their results at scientific meetings and workshops. A growing number of BIO member companies also voluntarily share patient-level clinical trial data through their own company-specific initiatives, as well as innovative public-private partnerships and consortia."
To me it sounds like this may the platform OWCP is planning on publishing the data after protecting IP.
70% improvement in a variety of inflammation markers is amazing.
We already knew the results were great but OWCP management clarified the meaning of "promising results" with this 70% number.
Obviously they can't release the complete results in detail before IP protection. A lot of impatient posters on this board must have now understood why groundbreaking clinical trial results cannot simply be announced in PR the day after trials are done.
OWCP management once again proved how professional and smart they are!
Final shake for weak hands before the next big run!
Go OWCP!
I can't agree more on how OWCP behaves the same way time after time.
Your multiples for each run is logical but one thing I want to add is that with every run, OWCP broke new 52-week highs.
That being said I expect the next run to be somewhere between $4 to $7 and then retrace back to $3 to $5.
Go OWCP!
I firmly believe that the delay in 10k was mainly because OWCP wanted to include detailed efficacy results in there which makes much more sense than announcing scientific results in a PR.
After all we all know the company is pre-revenue and there won't be significant changes in financials to cause a delay.
I also believe we are at the bottom as of now. The chart is primed to explode even without news but a 10k with solid efficacy results will launch this like a rocket ship!
I must have missed that post. Where can we get the tees from?
Kudos to you then!
Big lots bought at $1.15
I wouldn't be surprised by and after hours PR!
Trap was in the morning, lol
All scared, impatient weak hands sold
Running for a green close!
OWCP is so strong. I feel sincerely sorry for those who sold this morning. We will see so many regretful posts on this board pretty soon!
Research doesn't work that way. One can't finish trials, experiments or tests (whatever you call it) one a day and publish results the next day.
All the trial data needs to be gathered, scientifically and statistical analyzed, and most importantly put in a paper form to be published in a peer review journal or presentation form to be presented at a reputable conference. And you do your PR or 8k the morning journal or presentation will be available to public.
I understand the excitement and impatience of the investors here but when the company says "study will be complete end of March" that does not mean results will come March 31st. It may take from a week to a month to put all this information together to make it reliable and into the right form.
So patience is key here. Management gave a hint that results are great. But to putting numbers or %s takes a little bit more time.
Thanks for the information!
Almost 10% institutional ownership is very exciting but I expect this to go up to 20-30% in the next run.
Float is extremely tight considering hundreds of longs on this board and many others outside locking up their shares.
When OWCP pops, which I expect anywhere between 3 to 5 days, it will beat new 52-week highs!
It is getting really exciting!
Just keep watching how the Bollinger's tighten and the MACD crosses on the daily chart over the next 2 to 4 days!
No need for efficacy results or the 10k for this to explode. Don't get me wrong, these are important catalysts but they are not required at all for the next run of OWCP!
Whether you are long or a day trader, this is the time to buy because one will have to chase big time when chartists' huge volume arrives within few days.
Daily volatilities of other stocks do NOT make them a better company than OWCP!
This company has ran from triple zeros to a stable level over a dollar in about 6 months with numerous explosions in share price.
It is NOT p&d penny stock. It trades like a big board stock and it is a long term investment. If you are a flipper and want daily beer money, I would not recommend to trade this. However it sure will have many more surges in the near and long term. It is just harder to catch them because it does not run up or down with hype anymore. Recent news and investor reaction proved that.
So if you want a long term investment that can multiply your money by x5, x10 or even higher, OWCP is the place to be!
I keep hearing about the news on this board but OWCP does NOT need any news to run up! Many investors on OTC invest based on the chart not the solid DD OWCP or others have.
Since the beginning of March, the PPS has been fluctuating in a tight band around $1.20 to 1.40. OWCP is getting ready to do its next spike up. Those who were here since October know exactly what I'm talking about because we have seen this several times.
It surges, traces back 40-50%, stabilizes within a tight band, then bollingers close, MACD crosses, and it beats new 52-week highs.
It is just a matter of days and we will see the same run again!
Go OWCP!
TEVA requested access to OWCP's proprietary information and books. This only happens when a company shows interest to acquire another.
Whether TEVA made an offer or not does not change the the fact that OWCP had the attention of big pharma years ago. Things have only got better since then and OWCP has way more to offer in the near future!
#122 Long since $0.015 averaging $0.07. Not selling a single share until we are in $7-$10 range!
OWCP! Long and strong!
Wrong! Look at the links that you posted earlier today. Dynamic Applications' CEO was Eli Gonen in 2013. OWCP bought the company mid 2014 and this is why Mordechai Bignitz is listed as the CEO on the 10Q filed at the end of June 2014. Soon after, buying Dynamic Applications, in November 2014, OWCP applied to SEC to change company name and the ticker. Here is the SEC documentation for the name change in November.
https://www.sec.gov/Archives/edgar/data/1431934/000129534514000365/dyap_def14c.htm
This was nothing but a cost effective and time saving way of having their own ticker. It's so simple and smart!
This subject was brought up months ago and was answered. Dynamic Applications has nothing to do with OWCP and its management. Let me explain you why.
When OWCP wanted to be publicly traded they had two options, file for IPO or buy an existing public company and change its ticker. The second option is way too cheaper especially if you're buying a bankrupt company like Dynamic Applications.
This is exactly what OWCP did to become publicly traded: buy the bankrupt Dynamic's 100% shares and change the ticker to OWCP! That simple!
Great post and I fully agree!
OWCP is one of those rare tickers that one should invest the amount he/she is comfortable with and don't even bother watching it in the short term.
Efficacy news is huge! Obviously OWCP plans to release actual numbers in a peer reviewed journal, which is the right way to do things. I am sure as the journal is published, a detailed 8k will come along with it.
The second piece to equation is IRB safety study, which is ongoing. This is why market readiness is not today but sometime in Q2. If I am not mistaken, IRB study started in mid to late January and it takes about 12 weeks. This means safety results should come in around end of April. No concerns over safety study but it has to be completed for market readiness.
On the other hand OWCP will be testing the cream for other skin issues because how promising initial results are. Psoriasis cream is already big but additional uses will make the market size even larger!!!
Today and the rest of the week will be great for the PPS. There is no doubt about that but way more excitement to come in the next month or two. It will only get better after that once revenues are generated!
Go OWCP!
The PPS action in the last week or two reminds me of the after election period where OWCP dropped from 0.20s to 0.10 and even dipped to 8-9 cents several times.
Although MMs can get annoying with the manipulation and control, they are building an amazing chart just like they did in November/ December.
Bollingers are tightening and OWCP is getting primed for a huge breakout with the efficacy results!!!
Other than OWCP being pronounced as "one of the 5 leading cannabinoid biotech companies" there is not much in the article :)
PRs like these not only increases OWCP's exposure to worldwide investors, but they also make the company a hot acquisition target!
Absolutely! MMJ is legal in 28 states as of now.
Population wise more than 60% of US has access to medical marijuana. It is just a matter of time that the federal government listens to the majority and makes marijuana schedule 2!
Yeah sure! LOL
Statista says cannabinoid pharmaceutical market size will grow exponentially from $2 billion in 2020 to $50 billion in 2029. And you know what the best part is? This is only the US market :)
https://www.statista.com/statistics/588853/market-size-of-cannabinoid-pharmaceuticals-in-the-us/
Go OWCP!
This is a very important point that a lot of people miss. Many think that psoriasis cream will have successful results and then we will wait long to see revenues. This is absolutely wrong! OWCP management has been making manufacturing, marketing & distribution deals for fast commercialization. So once the cream is successful, it can be on the shelves within a month or two!
Great article, thanks for sharing!
The last sentence about OWCP's psoriasis cream says it all:
"...the first topical delivery mechanism and proprietary cannabinoid-based psoriasis formulation to be included in the NIH Registry."
Go OWCP!
Agreed, when efficacy news are out I expect a surge up to $4-$7 range within two or three days. We might have a pullback after that but I do not think it will fall beyond $4-$5. Again this is my opinion but I can say one thing for sure that efficacy news will make this run like no news or 8k we have seen before.
Thanks for sharing this interview. Everything Ziv told you confirms what we've been saying on this board for a long time. It is wonderful to get management confirmation.
Amazing days are upon us!
Go OWCP!
OWCP is trading so strong. Power hour can bring this to anywhere between $1.70 to $2 IMO!
Go OWCP!
OWCP running great so far but I believe it will get a lot more exiting in the power hour!
Welcome back! You were missed :)
And yes I agree. It should reach about $3 with the anticipation of efficacy results!
Go OWCP!
I respectfully disagree. When GW comparisons are made, people are predicting things from 6 months up to a year. So it is not a dream with all the catalysts OWCP has coming.
In the near term I agree with you that this should be above $3 and I believe it soon will be. But the efficacy news will be groundbreaking because at that point the company will transform from a pure research to a revenue generating one. Expecting a price jump to $5 to $10 is not unrealistic. Depending on the demand and how the float is locked, it may go beyond $15 too. Look at AX!M example...
No offense but the time for scam/no scam discussion and DD was heavily done on this board 5-6 months ago. All the longs know what they own.
We always had people trying to stir things up but they either disappeared over time or became hardcore OWCP investors. Even if one doesn't know anything about this company, he/she should look ben mark this against 50-60 most popular mj & mmj companies before and after the election.
The election hype drove all of these stocks' price up but all of them plummeted the week following. Only a few strong ones recovered and achieved higher PPS. Among these few, OWCP is the strongest! You can see just by looking at 6month price action of mj/mmj stocks.
No EIGHT patents, oh and INTERNATIONAL patents too, LOL
I believe with end of March approaching, the PPS will gradually increase to the $1.75 a $2.50 range gradually next week.
Everyone knows the efficacy results are coming by the end of the month. The longer one waits the likelier he/she will have to pay a higher price to buy.
I cannot even imagine where the efficacy results will take the PPS. It could be anywhere between $5-$15 depending on how much information OWCP releases about all the other potential uses of the cream.
Exciting days and weeks are coming!
This is a company whose research director served as the Head of the Israeli Ministry of Health’s Medical Marijuana Program for a decade, whose board member is US's most well known cannabis investor, whose accounting firm is the best one in Israel. And they keep adding subject matter experts to their board including dermatologists and experts to lead the FDA processThere is not a single milestone set by the company and that has not been met yet.
So he who tells you that this is a scam or whatsoever either lacks objective and through DD or has other intentions!
Yeah right! According to you, there is no such thing as international patents either huh? LMAO!
Go OWCP!