Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nobody raised the issue from the brokerage firms...
Nothing mentioned at all...hmm
The first guy from Goldman could have..he was contacted....
Listening to the CC...and their optimistic outlook..I think they are are going to buy us out...only way they can be talking the way they are...otherwise they're misleading shareholders imo
NO mention of this action which will have a major impact on their bottom line...something smells here...
This probably isn't going to mentioned at all in the CC...I bet...trying to keep it off the radar...but for how long???
I really hope someone raises the question about Channbond.
more like 1.50..don't embellish...lol
close 24.99..trading 23.50 ah
Arris is finished..they will have to pay billions to a lowly otc company uoip for willful patent infringement...bye bye arris..lol
Not enough cash on hand nor valuation of the company to come out if this battle without being mortally wounded...
What will they do????
Facts and truth are like plutonium...lol
The silence from the cheap seats is deafening..lol!!!
Yes..because it is a very young company with a great future yet to be realized..
If you want to compare apples to apples then let's talk about companies that practice real science and don't flood the market with me too products.
OWCP should it realize what it intends to do will be a company more akin to GW one day....
It's very easy to stand and poke fun at the company and it's officers...anyone can do that.
What it takes are balls and fortitude in order to persevere and come out the other side.
How does GW's approach differ in their early days to what OWCP is doing now?
It doesn't. https://www.gwpharm.com/about-us/history-approach
Companies like GW will blaze the trail and ultimately make it a little easier for development stage biotechs like OW...so time frames will be lessened as more acceptance and approval of cannabis based therapeutic agents are approved.
Epidolex is but the first of many to come, and many will come from OWCP imo.
.1436 is the official close..there is no after hours on the otc...not sure what you saw...a masked trade...or a T trade.
Form T is an electronic form that FINRA requires brokers to use for reporting equity trades executed outside of normal market hours. Form T trades occur during extended hours — before the market opens and after it closes. The objective of the Form T report is to maintain market transparency and integrity.
Sometimes these are also masked trades that occurred during regular trading hours but aren't reported till after the market closes...I suspect that is what this is.
It's not a so what approach..It's what many legit companies must do to stay in business while they try to grow and bring their tech to the market place.
I simply said so what to your post that implies there is intent on the part of the company to dilute and screw shareholders and that this company is nothing more than a pumping scheme.
You also alluded to in your posts that the officers of the company are criminals...that the company is nothing more than a sham to sell shares...
You have also implied that Israel is the epicenter of criminality citing Zwebner and all his shells and bs..or you agree with your sidekick and support his assertions.
For whatever purpose you and others write these things is something that only you will understand.
Anyone that has sunk money into the company is responsible to understand what they've done and the implications and time frames around their investment.
I agree that there were previously people involved with the company such as Turner and Freidland and Smurlick that were bad eggs.
I also note the fact that the shell was previously a Zwebner holding.
Neither Friedland nor Turner nor Smurlick are associated with the company now and Zwebner has never had any involvement with the company..
IF THERE WAS ANYTHING THAT WAS NOT ON THE UP AND UP WITH THE COMPANY IT WOULD NOT ESCAPE THE EYE OF THE SEC.
THERE IS NO INVESTIGATION OF THE COMPANY AND NEVER WAS.
THEY WERE SERVED VIA SUBPOENA TO SUPPLY INFORMATION IN RELATION TO THE INVESTIGATION AND PROSECUTION OF FREIDLAND..THAT'S IT.
YOUR ATTEMPTS TO CONTINUALLY CAST DOUBT AND EMBELLISH HALF TRUTHS AND OUTRIGHT LIES ARE RIDICULOUS.
The company recently set the record straight on their direction.
I made some investment decisions recently based on this information FROM THE COMPANY...not from some unknown posters that hide behind ip addresses in anonymity somewhat here on IHUB and post misleading and patently false information and frame it as fact.
That is what astute investors do..they adjust to market conditions and roll with the situation as things change.
TO put money into any stock blindly without understanding the evolving situation is a recipe for disaster and subjects those investors to the crap and nonsense posted on any message board.
So what..still minimal compared to other companies...
Get a life.
Supposition..at best...I don't ignore facts and your post is not based on facts...just supposition...
We already addressed the modest dilution in earlier posts as well as the fact many companies start with a shell...a clean shell like this one was regardless of who it was attached to before because that expedites things rather than doing it through an ipo for example and costs way less.
You focus on half truths and state them as fact when they aren't....
Zwebner is of no consequence here..never was...nor is the sec investigating the company....
Nor is israel the hotbed you claim it to be of Zwebners..they exist everywhere...
As a matter of fact Israel has more successful startups per capita than any other country in the world..
Well I had my own business and do all my trading through my business account at I-trade...and I have a huge loss on the books from my business that I carry forward each year even though my business is not operational anymore......
My accountant advised me to keep filing for my business so when I make some bank on this stock or others I can use my tax loss against any profits...
You know the first 50% is tax free on capital gains here in Canada...
2nd 50% is taxed at 50%...which means we are taxed 25% in total...not bad...
Convert usd back into cnd...30% premium....
So 300 thousand usd becomes 390 cdn...then taxes are based on that amount...for example
We absolutely do have that in Canada..it's called an RRSP..the difference
here is the government doesn't allow otc stocks to be put into the RRSP..they have to be big board stocks that trade on the TSX.
Actually it's not that simple....
Many startups follow this exact route...and some dilution is always necessary....
Compared to many other companies OWCP has not done toxic dilution .
Look at MJNA for example.
Making statements that are:
a) half truths
b) don't reflect the total situation
c) can't be relied upon as the truth because they can't be properly verified and vetted as none of us knows what is really going on...
are just speculative in nature and no different than any other person's opinion on this board.
According to your crystal ball..lol
LOL..U GOT IT!
Using a shell is a common and standard route for new companies and startups...OWCP has nothing to do with what happened before..
Complete bs.
Yup....
and then I will come back here and buy a massive position...down the road a bit. :))
I took half of my position in OWCP and sold at a significant loss several months ago and sold another block today.
I invested those funds in another company thanks to a friend and fellow shareholder in OWCP that I met on IHUB...and have quadrupled my money so far...
We both agreed owcp was dead money for now ...
I will be back down the road to build my position back up beyond where it was and well beyond where it is now...as the time frame on OWCP is well off into the future...I believe 1-2 years before anything significant enough to move the price happens...imo
I have not wavered in my support of OWCP.
I just wasn't comfortable letting my funds wither when I could make them work for me and recoup my loss...:))
I want my money to work for me and got tired watching it wither away even though I believed down the road huge dividends would/will be paid!
LOL....Hope so...
1-2 years...
I will be doing the same tomorrow....doubling my position here and reducing my other position by half because this is more immediate.
I expect to more than make up my losses on the other one right here.
Mobileye is just one of hundreds of israeli companies that lead the world..OWCP will soon be another.
You are dead correct.
This is no reversal..IGLO says they are wash trades...LOL!!!
No risk no reward...meow.
All assumptions...no one has any clue what is going on behind the scenes...
You and others write like you know everything...
Get out and move on if you no longer believe.
It is always darkest before the dawn.
Another assumption...How do you know that they weren't in at a much higher price and buying those cheapies at .18 lowered their average cost?
You don't...
You are also incorrect saying that those that bought at .18 are now down 50%..
I didn't see where this hit .09 cents today...
Maybe tomorrow.
If you read one of my previous posts I reccommend waiting to see where this bottoms before jumping in and if it starts to move to the upside to also ump in there.
True enough....
Look at HMMJ which is an etf and a basket of the most respected legitimate companies...in this sector..
Not going to debate this with you....
You were once a long...
Now you aren't but you insist on being here day after day hammering this into the ground.
That speaks volumes.
Hirsch's latest letter outlines their plan.
Yes they have changed course.
Yes shareholders who bought in under their old vision are getting hurt.
But the company is real.
DO you really think they'd run the chance of being shut down while being watched very carefully by the SEC after the Friedland affair?
C'mon.
The company is doing what it needs to do in order to secure their future..
You and others just don't get it.
Nothing they're doing hasn't been done before by startups, especially biopharmas.
As I said, the company bears some of the blame but there is also widespread downside movement to the entire sector and no one here acknowledges this including yourself.
Supposed to be...
All mj stocks are getting a haricut now and all mj stocks ran up last year....
Assumptions made here are pure speculation as to the cause of OW's movement when there is no evidence why all mj stocks have been tanking other tha pure market manipulation caused by the time of year.
I am not saying that the company hasn't had influence but what about the dozens of other mj stocks that are also moving hard to the downside including HMMJ which is the ETF that has lost almost 2 dollars over the last few weeks.
The scare tactics here are bs.
Locking up shares only works if the brokerages are honest and actually borrow shares in order to let their customers short... There are a lot of firms that never locate the shares or don't hold them in inventory and allow shorting which then becomes "naked" shorting and is illegal...but goes on.
By locking your shares up that removes them from the available inventory so the brokerage can't use them legitimately for shorting.
My buddy trades with Interactive Brokers and they actually pay you to allow them to use your shares held in your account..so by not locking them up there you actually get interest ...
Wish more firms did this but it can also be counterproductive to the person who owns the position.
Totally agree!
I told a friend about OWCP a few months ago..told her to wait a bit...this is what I told her today...
As far as OWCP..we just got an update from the chairman of the company yesterday...and while some people are pissed off I am very happy..The company has done what I always hoped they'd do and spend more time bringing their products to market as true pharmaceuticals..None of this over the counter crap with cannabis in it that is not regulated or measured... Here is the link to the chairman's letter: https://www.otcmarkets.com/stock/OWCP/news/OWC-Pharmaceutical-Research-Corp-Letter-to-Shareholders?id=198822
This is a great time to buy and hold..this will take a few years to pay dividends...so you might want to watch the stock for a bit before jumping in..It is around .16 cents right now....maybe wait to see if it pulls back a bit more or strengthens...if it strengthens then you'd want to get in asap... My feeling is it could pullback to a dime or less in the next month or so as most of the mj stocks are getting hammered right now because this is was happens in July and August... There is a lot to look forward to with OWCP...and recreational will be officially legal in this country come October...
Wish I'd sold last year and could get in clean now..lol