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Yes been holding 3yrs now . Like you said we have nothing to lose now except our shares & Our money.. if we have to give up our shares it will be ugly for current long holders .... we see hope your friend Jonathan is right about OWCP
OWC Pharmaceutical Research Corp. Letter to Shareholders for Upcoming Proxy Voting
Shareholders meeting is set for Aug 31st, 2020. The proxy includes proposals for a reverse stock split and authorizing additional shares of capital stock
Petah Tikva, Israel, Aug 18, 2020, OWC Pharmaceutical Research Corp. (OTCQB: OWCP) ("OWCP") announced that, on Aug 31, 2020, the company will be holding a shareholders meeting to vote on a Reverse Split (“R/S”) and increasing the Authorized shares (“A/S”).
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Dear Shareholders,
During June of 2020, I returned to the Company as the CEO of OWCP and as Chairman of the Board, at the request of Mr. Ohad Amir and Mr. Zvi Riterband. Both were nominated by the previous management team with a mission to salvage the Company from its difficult financial position.
The Company had selected to file a Form 15 with the Securities and Exchange Commission (“SEC”) suspending its periodic reporting requirements and the termination of registration. After my return, to the Company, management decided to change that strategy and concluded that it was in the best interest of everyone to continue as a reporting company. Efforts would be made to pursue new equity investments. Therefore we filed a Form 15/A with the SEC to continue trading.
OWCP and its wholly-owned Israeli subsidiary One World Cannabis, Ltd. will continue in medical cannabis-based research and development, applying conventional pharmaceutical research protocols and disciplines to the field of medical cannabis, with the objective of establishing a leadership position in the research and development of medical cannabis therapies, products and delivery technologies.
OWC PHARMA info@owcpharma.com +972-72-260-8004
After six years, I’m excited to announce, again, that on March 31, 2020, the U. S. Patent and Trademark Office granted the Company a patent for its CANNABIS-BASED EXTRACTS AND TOPICAL FORMULATIONS FOR USE IN SKIN DISORDERS, no. US 10.603.301 B2. Details of the event and additional information will be presented in a research report directly after the high holidays.
The Company has additional assets including a sublingual tablet which has completed a full safety study at the Tel Aviv Sourasky Medical Center (https://www.tasmc.org.il/sites/en/Pages/default.aspx ). The tablet is a delivery system for active cannabinoids which is designated for a stand-alone and a combination treatment for various diseases.
A new delivery system, a ‘must-have’ is the IV EMULSION for the MMJ markets. The development has been completed and it’s waiting for further tests.
Lastly, we have more patents at various stages of filing, waiting for approvals with new medical devices and delivery systems for active cannabinoids.
The opportunities for such unique, innovative and clinically tested products for the medical cannabis markets are strong. v
However, the Company will need additional shares of common stock available for (a) new investors to raise needed additional funding, (b) satisfy our existing obligations to current shareholders, and (c) make potential acquisitions of synergistic companies, products and technologies.
I received many emails and messages asking for information about the Company’s prospects, patents‘ status, “where are the science reports?!”, why a proxy, and some suggestions, leads, ideas and concerns.
The proxy offers two options to vote on for a low R/S (1:10-20) and an A/S increase to 2.5 billion shares of the Company’s common stock.
Approval of the proxy proposals should give us time we need to secure new investment dollars, allowing us to stabilize the Company financially and to move forward to the point of a true market valuation based on our MMJ products and IP.
We are finalizing an updated business plan, which may need to be modified based on the outcome of the meeting. The key drivers of our future are two: selling products and seeking growth through a business combination or strategic alliance with a ‘Seed-to-Store’ (Growth and Dispensary) in the U.S.
I, together with our Board, hope to get your support on the proxy proposals, and help us lead our Company to fulfill its dream and business goals that started six years ago.
Together we can do it!
Ziv Turner, CEO
OWC Pharmaceutical Research Corp.
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I have friend also . His name is not Jonathan. But he was pumping this when it was over $1 I bought all the way up till it hit $3... then took thousands of $$ to average down to .10....friends can be your worst enemy when it comes to $$$
Milo is right on one thing . There’s no BO. And there won’t be one . OWCP will survive on its own like it’s been said with an RS/ AS or kiss it all goodbye. .your millions of shares my half million of shares will be worthless just on the RS Alone . If theres no product on the shelves this is the end results . . There might be a BO when OWCP is an actual company that’s making real products and it’s worth millions. Until then forget about it . OWCP not surviving is way way more realistic then a BO
People in charge have big balls asking for an RS knowing that’ there’s many long shareholders that have been faithful for years holding a losing stock without no protein on the bone . If the RS Passes the current shareholders are hand cuffed. I rather see OWCP Burn to ashes ,figure something out management without hurting current shareholders PERIOD end of story
Better shot OWCP going to dollar land on the 3rd..
This stock has much spunk as Biden . Come on man . nauseating
Quote
Let me say this...If shareholders turn everything down the company is most likely finished.
That’s a shot in gut . You must know something.?
What happened to voting is a choice .? /freedom .? Giving instructions on how to vote sounds like a little lefty .??
1000% right
Those folks helped me ...very friendly & smooth . Did it all on line they provided control ID Request ID And a link by email and casted my vote . Very professional.. I declined all 3 proposals
From the same Dewd that’s been saying here comes the boom . Lol . As loser JB would say Come on man !
My 500k shares are voting NO for all 3 proposals
What business plan .?
Someone got schooled
Looks like he has nothing to sell . Just shares of current shareholders
Buy high sell low nice .
Up 5% today .. OWCP the next AAPL
Got my voting papers by mail today .. I’m voting NO on all proposals . So why bother sending it in .? It says if you don’t send paper work
In time is counted as a NO vote .? So nothing further needs to be done by shareholders on a NO vote
Slow bleed ??
Yes same thinking . Will hold my 50000sh @.14 till ship sinks or we get rescued . Not many other options at this point
Can’t even stay @ a penny for
Months now
Unreal
So the bottom line all current longs holders are like sheep going to the slaughter ... and I sold 500sh of AAPL @$100 3 yrs ago to buy this sinking ship .? WOW...
What’s makes it so sure that RS Is a voted yes .?
How will it affect the PPS on 15k shareholders.?
All longs know what happens to PPS last year when RS was voted down ...expecting lots of green action yet again when RS will be voted down for the 3rd and final time
That’s why it’s a proposal. And shareholders have the last word on the RS... every long will vote the BIG NO AGAIN ... let it burn to the ground before I vote yea on RS... peasants are waiting for RS to happen for beer money ... never going to happen
You forgot the best friend next door and the wife . Merging for sure
Good
Work FT . But you know it’s not worth the effort
To educate the uneducated.
There’s isn’t one . If your a current shareholder and you vote yes on RS is like OWCP filling for chapter 7... but new investors will
Trade it and make beer money and your shares will be worthless ... is why I’m
Voting NO for the 3rd time
Understood Fan. Thank you
BS on the R/S shareholders have the last say Yea or nay ... no way will current shareholders vote yea to bail ziv out & perhaps have new money / traders flip it for beer money . Not going to happen . Let OWCP shot lights of if they can’t find any other way
Where else you will get all financial advice like you get here .? And it’s all free .. Mr Buffett has nothing on this IHub penny investors. $$ $ BOFI
Looking @ you past comments you been 100% wrong on every comment .. add this one to the list ..
Anyone know if we get to vote electronically again .? And by when ? Since meeting is not till the end of August .. ty... voting the big NO RS for the 3rd time .
An RS that will get crushed .
OWCP the next Kodak .$$$$ wooo
It’s all BS Totally illegal & fraud to be talking to company CEO and post conversations in here just like the trip to Israel. Folks do Prodi on time for inside info .. don’t believe anything bozo says