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Probably just to make money on the volume spike but they stepped in there and controlled the bid and ask when it looked like it was going to free fall
Selling begets selling and once it starts it doesn't matter why anymore
If vert didn't come in and stabilize this it would be at .30
Strange to see that, it happened one other time that I can remember.
Pinching hard in the 60 minute
Because they have put out news recently so some figure it will be a while before anymore
They could also sign a deal at anytime now that patents are submitted
Revenue could come well before the cream is in stores
And they have already been at it for a month or more
Market ready tells me that the double blind study is done and we will be hearing some meaty news very soon
I don't think they were willing to risk trying to sell the cream before the double blind study was done. And I doubt they were willing to spend to try to patent the cream without the testing complete.
So all this tells me is the safety study is done and the product is safe for human use. We already know the in vitro testing was up to 80% effective for psoriasis.
The company is stronger now than it was in February
Actually the float increased 30 million in October which is why the stock went to .003 that was the end of the convertible notes for this company
That is the reason some of us got to buy sub penny
Owcp doesn't love Friday anymore
Used to be the king of Friday
But now not so much
No what they are saying is by submitting a provisional application
They now have an opinion of what is patentable, so when they submit the utility patent they know what to file and what to change. Some claims won't be patentable but some will,
If you read the opinion and the so called rejections a lot of it had to do with wording and undefined terms.
But the drug composition is new and inventive
Link to a patent rejection?
It's the same as you saying they had patents rejected
All bs
Its ironic when a fraud calls someone else a fraud
You keep saying that but I don't remember anyone saying they had approved patents
This stock isn't going up because this ED cream makes it sound like a scam.
The product that would have made money is the viabeciline
Repackaged oragel to rub on your junk doesn't sound to legit.
Non proprietary otc cream that is already on the market from huge manufacturers, there is nothing there as far as a business.
The foot cream is the one if it exists and if he had this potentially life saving or limb saving product why would he even bother trying to sell lidocaine for your junk.
Yes but you were told why in the latest 8k. Owcp is in a unique position because DR Baruch has been researching and developing mmj for decades previously funded by the Israeli government. Happens all the time, people taking the knowledge and skills gained from government jobs and cashing in with the private sector.
Yes they don't have any patents but they have applications and none of them have been rejected.
Nothing has been denied, provisional applications don't get rejected or approval so your statement is false
Pease provide proof that they didn't file and lied in the 8k
And if he were exercising the options it would say how many and since he can't have all 7 million where are the exercised portion of the options?
Ones credibility improves greatly when they admit they are wrong.
I'm not going to argue with you, it clearly states the options are not exercisable only vested into the trust which means if he leaves he doesn't get them, only what has been vested at that time, so they have a trust set up to hold the options which can't be exercised for 2 years.
Exercising an option is not the same as a vested option
And the form 3 is there to show the initial ownership of the options because the prior form 3 was for commons.
After that it will be form 4
So this is it for me on this subject
Look up vested
Then look up
What an exercised option is
Then look up what a form 3 is for
Here you go copied and pasted again for you
. The options are held by a trustee and vest over a period of two years. They may not be exercised within the first two years after the date of grant.
With the key statement " they may not be exercised within the first 2 years after the date of grant"
Ownership of options
Not exercised into shares
And those options can't be exercised for the 2 years. So they get to accumulate options over time with no worry to the shareholders about the shares hitting the market
Vested over 2 years but not exercisable until after 2 years
There would be a form 4 if any of the officers sold shares the only shares sold into the float were private placement financing deals. Insiders haven't sold any shares
They may not be exercised within the first two years after the date of grant.
Direct quote
Read the statement "the options are not exercisable for two years "
Nowhere do you see a form 4 showing anyone sold any shares, they can't sell any shares for themselves if you read the document
The daily candle looks bad but 2/3 of the volume was came early with a low volume sell off afternoon. If there was heavy sell volume that would be different
Gwph also has a ton of money behind it so they can do what they want, but they haven't put a product on the market yet either and they have huge costs. How many years will it take for them to turn a profit?
The opinions were written before the study was completed for the cream so it didn't include the data and formulas
They were used as a placeholder to gain an earlier date
Not really, 3.3 million shares traded pps was 85 400k shares dropped it down
A provisional patent cannot be rejected only an opinion offered
No only you assumed everyone thought they had 7 patents. The company stated provisional in every pr so I don't know where you come up with this
Been a while since my Owcp up 20% alert went off
No one will ever really know why he resigned or if he was forced to resign so there is no need to speculate
They have 2 million cash and OS is less than 30% of AS
When I see puma intl and Cfgn on the ask its easy to tell where the selling is coming from, short.
There isn't enough money flowing in the otc right now so it would take a huge Hammer to reverse the pps.