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I do wonder if the company is keeping us down. I know it sounds crazy but at three dollars a share or more how much institutional buying will take place before and after the conference...Zero. Actually they will buy, but short. I would have to imagine some shares were issued as payment for the conference as they were last year and without tight controls on the sp this could be pumped by the conference operators..like last year. We need to show the strength of the company and the products we are developing as potential game changing science and with a market cap of 60 million would also be an attractive investment candidate. Three dollars? To risky. This needs to be a success this year and I believe the company may be doing everything to make that happen.
Our necessity to fully protect our intellectual property limited our ability to provide potential customers and partners with the required data for their due diligence and review. Our proprietary data includes specifics regarding the formulation of the topical cream, consisting of cannabinoids and other compounds,” said CEO, Mordechai Bignitz.
Scientific Collaboration Push
The company expects the patent applications to accelerate negotiations regarding various medical and commercial collaborations. OWC Pharmaceutical Research Corp (OTCMKTS:OWCP) has already received numerous inquiries from entities looking to purchase the cream or initiate scientific collaborations.
The patent application also allows OWC Pharmaceutical Research Corp (OTCMKTS:OWCP) to provide potential partners with required standards and protocol for manufacturing purposes. The European market is an important target market given that it presents unique sales opportunities according to Chief Science Officer, Yehuda Baruch.
The likes of Germany, Italy, Spain and Greece have already approved medical cannabis programs setting the stage for aggressive marketing campaigns in the Cannabis space. OWC Pharmaceutical Research Corp (OTCMKTS:OWCP) primary plans to introduce the tropical cream in the new markets.
My intuitive and deductive reason tells me safety is complete and waiting for data to be compiled. Could be before or after conference but either way no matter when one is holding very long term as myself.
Anytime within the 1st quarter is very early 2018. If anyone want's to get technical anything up to May would be considered early in the year. We have milestones that if go as planned are supposed to be met this month. I have faith that announcement will be made this month or early March. I bet the company is working their asses off to get something big before the conference,so my gut tells me that substantial news will hit at any time now. Investors are far more likely to invest through the conference if safety trials are complete and creme sales are about to commence in Europe and Canada.
we are one of only a few that are using clinical trials to validate mj medicine. Let the other clowns mix up and sell their witches brew but only the companies going the FDA route will be taken seriously and eventually be prescribed by doctors and reimbursed by insurance companies. The company does not care how this trades short term. One has to remember that all insiders are paid in shares only. You would have to believe that they are quite confident in where this is headed long term and have no interest in manipulating the share price by issuing press releases before they are due.
I think someone just dumped a pile...that's all. I don't worry one bit about this stock. Many are waiting for the prize over a buck. I am waiting quietly... long term potential over twenty.
I am very amazed at how well we are holding up with extended period of no news. Confirms my thoughts that with news we are a rocket ship!
Come on man! You have been here a long time. I can't tell u anything you don't already know but THEY DON'T WANT COMPETITORS TO KNOW WTF THEY ARE UP TO! They are serious, private, ultra intelligent individuals that are preparing us for greatness. All we had to do is sit back. Easy money buddy. Promise you that. They have done more than you think last year. Re-read all communication from last year and you will go....ohhhhh I get it now. Big money is going to be made here guys. Management team of this caliber is working hard and very smart, I can assure you that. I love the silence and you will too if you can hang in and ignore what the traders and manipulators have done to our share price. We are so undervalued that a good showing at the WSC will net some institutions,but a great showing, which I expect, should start a buying frenzy this year. I feel it! I am watching and it is coming. So much knowledge and research in one place is insane. Pipeline is loaded.opiates are history and the days of marijuana medicine are upon us. Trust these guys man. Be happy we are not 3 going into the conference,we know how that ends. Have an awesome day!
Unfortunately I only get one post per day and can't respond right away. I also own a nice position in his other company and believe Jeff will do a better job keeping shareholders informed,but it is his idea to only release real news and nothing else, so we shall see. Are ongoing updates real news? Probably not and can be addressed by a bi-yearly shareholder letter from Ceo/Director. A couple posters made some good points about Jeff's silence about the company and one being that he is simply staying silent per the companies request. One other had contacted him last month and confirmed he is still 100% invested and believe he would be honest. I am not sure why his shares disappeared as major holder on Nasdaq but also noticed the info on that site is never current. I have noticed a major institutional investor took a 32,000 share position last Sept. and still holding. I hope to see our institutional investment increase after the Feb conference and will report as I see more show up. We have come so far in a year and have total confidence in Hirsch as our messenger. 2018 will be the year for OWCP! I am posting a paragraph from Trump speech last night that may directly relate to us.
Exciting progress is happening every day.
To speed access to breakthrough cures and affordable generic drugs, last year the FDA approved more new and generic drugs and medical devices than ever before in our history.
We also believe that patients with terminal conditions should have access to experimental treatments that could potentially save their lives.
People who are terminally ill should not have to go from country to country to seek a cure -- I want to give them a chance right here at home. It is time for the Congress to give these wonderful Americans the "right to try."
Have a great day!
I believe there was some sort of fallout between the new management and friedland. I used to see friedlands 5 million shares listed under major holders on Nasdaq site but they are no longer there. I know Jeff wanted to sell cosmetics in the USA immediately, but looks like management chose the longer but more profitable route of waiting on USA and hitting Europe and Canada first. I sent a message to Jeff asking why he no longer mentions company during speeches and asked if he sold his shares. He usually responds but this time he said nothing. I am wondering if he is the 50 cent bandit that has been holding us down for almost two months. I could be wrong but if you watch his CFN video early 2017 he was excited about the company and detailed our plan for revenue that has obviously changed. Hirsch knows the right path to take and obviously pissed Friedland off. Although Friedland is an expert on the plant he is not an expert on clinical trials and making medicine. We are in better hands now I believe.
The appointment of the big lawyer is two fold. One being it completes the final requirement for cross listing. Two independent board members are required. Expect that announcement at any time. Second being Legal and Regulatory Framework Compliance. Another possible plus that nobody has mentioned is patent infringement. With all the cremes and pills starting to show up in the market recently, how many are infringing on our IP. I am sensing several longs weakening lately with the declining pps but just need to remember that we are so much further along then we were this time last year. Huge things coming and I am so much more secure here today. Investing is hard and because of that most never have any success. Being out of this stock would be so much harder than holding tight. Safety results any day now and things get interesting from there on out.
This company is going to be huge in time. Those of you like Torez that can only see share price is really missing the very big picture. Have some forgot that we are in ongoing licensing/partnership negotiations?
As a management team, it is our vision to develop OWC Pharma as the leading cannabis-based specialty pharma company. Over the last few months we have executed on a number of important steps in order to fulfill this vision.
We are exploring other potential markets and maintaining an ongoing dialogue with various potential business partners including representatives, manufacturers and distributors.
The company announced it has received expressions of interest from the scientific and medical communities worldwide as a result of its recently announced positive preliminary clinical efficacy tests results of its topical cream to treat Psoriasis.
Who better to head up our licensing negotiations than DR. Hirsch
In my early years as an Executive Director at Foamix, I was responsible for European Business Development, and in this role, I cemented an out-licensing deal with Bayer Pharmaceuticals for the development and commercialization of a topical drug for Rosacea. Marketing of this drug was initiated in late 2015 after FDA approval and today yields multi-million dollar annual royalties to Foamix. In my role as a Director and Chairman at Foamix, I have been actively involved in Foamix's IPO and two follow-on offerings on NADAQ, which in aggregate raised approximately $170 million. I believe that the experience I have acquired in these endeavors will be a strong factor in assisting in the development of OWC Pharma.
I can't imagine the amount of licensing revenue from the tablet and nasal spray. Gonna be massive potential! Waiting on the safety study to complete(which it could already be finished) and watch how things get very bullish around here! This is going to make last years run look like peanuts. Hang tight things are going to get very interesting around here.
Yes you are correct on many points. I am going to consider a lower valuation going into the conference a big plus and to be honest the company may be strategical not releasing info too soon as to overhype the stock before the big show. We all remember last year and most likely between the lousy presentation (Ziv) and the sky high valuation the interest we received was of the wrong kind. The very hedge funds that we were courting most likely shorted the hell out of us. Look at us now, top not management ,very tempting valuation, professional Wall Street respected speaker (Hirsch) and an amazing line up of products. I feel we are set to rock and roll this time around.
I am not going to tell you anything you already don't know, but would like to give you my perspective. I have been here over a year right here with you brother, but one year is just getting started and comparing to other pharma I have researched lately we are actually moving quite fast. I have been particularly comfortable investing in "tech" stocks over the years and besides a couple large pharma never had real experience in how pharma works and the insane amount of time it takes to develop drugs for human trials.These companies operate at arms length with fed governments and agencies which are notoriously and painfully slow. On top of that we are developing "illegal" medicine which makes things even more difficult. I was frustrated at first and really thought about selling during our fall to .20, but managed to re-read everything and realized if medical marijuana does eventually replace other forms of medicine this is the company to be invested in. Everything about this company is world class and are in good hands here. I really love the fact that they are not dilluters and goal is to eventually score institional funding and merger/jv. Your concerns about not putting out an 8-k with new director appointment and not doing it timely is most likely because it will include another update...safety trial maybe? Here is a paragraph from SEC that answers your questions about the 8-k. Have a wonderful weekend. "In order to live the dream we must first have the dream"
Question 117.05
Question: If a registrant appoints a new executive officer, it may delay disclosure until it makes a public announcement of the event under the Instruction to Item 5.02(c). If the new executive officer were simultaneously appointed to the board of directors of the registrant, would the registrant have to disclose such appointment pursuant to Item 5.02(d) within four business days following such appointment, even if that date is before the public announcement of the officer’s appointment?
Answer: No. In these circumstances, disclosures under paragraph (d) of Item 5.02 may be delayed to the time of public announcement consistent with Item 5.02(c). Similarly, any disclosure required under paragraph (e) of Item 5.02 may be delayed to the time of public announcement consistent with Item 5.02(c). [April 2, 2008]
Investing is tough business and the impatience I am witnessing from you is the very reason most investors lose! This is as real as it gets for a cannabis biotech. The price action is not the fault of the company and obviously they are not concerned. These guy's know what they own and believe the research being done will yield great success.Take another peek at the management team here...Top Notch! They are all extremely successful executives and have not become that way from wasting time playing with start-up without huge potential. Follow the successful and you should not lose. The success is imminent and if you can't wait than sorry to hear that. I personally don't worry about the share price because I am almost certain one day I am a very rich investor. I will win on this ticker.
They have told us plenty at this point. Would you prefer the company have a pr once a week announcing every detail of everything we are doing at this point? The company is trying to build a portfolio of patents to protect everything being developed. The company tried releasing steady news and every time the share price took another hit. Investors want something big...sales, mergers,joint ventures, patents,cross list info,trial approvals...ect. Until a big news item is ready to announce I hope they stay quiet.
When Ziv was president the plan was to make the cream and sell it as a cosmetic.The goal then was also to focus on USA first as evident with the creation of Medmar. The whole vision has changed along with a whole new and world class management team. As an investor you should see that we are looking to become much bigger than ever imagined under Ziv leadership. While I believe the first sales will begin in Europe and Canada with the cosmetic creme the ongoing clinicals are an indication that we are going to bigger than anyone realized.
I had a great year in my employer sponsored 401k. I am up over 70% for the year. Very nice gains for a limited option investment. My private investment in OWCP has netted me over 400% for the year! This has been a great investment. I am not going to lie but I wish I had sold at the peak of the run last year and bought back in at the bottom, but we all know that is very hard to do , but if I had I would be worth millions even at today's price. It is nice to dream and one day my dream will come true. I am holding as long as it takes.
Road map
1. Proof of Concept Studies
2. Medical Cannabis Product Development
3. Legal and Regulatory Framework Compliance
4. Marketing and Distribution
I hope this road map from investor presentation helps answer your question. Notice the 3rd step in getting the creme out as an over the counter product. The road map also includes steps to full approval but that wont be until 2019. I would assume we are getting very close to putting this creme on the shelves in at least Canada and Germany but probably others.
I wouldn't be surprised if the safety trials are wrapping up and may be the next update ,which will also include new director appointment. Appointing a lawyer is substantial in knowing that the final step on the road map to creme production and marketing is legal and regulatory compliance. Now the all pieces are in place I expect updates on a more normal basis.
The 8-k with the announcement of director will most likely include another announcement, just like the "Hannah" included the Australian patent. Also if you notice the Wall St website with the OWCP image you cannot click to open info of the company like you can with all the other participants. I feel they are waiting for update before allowing the info to be viewed.
Recover? I bought just over a year ago at between 8.5 and 10 cents a piece. I am up over 300% and not sure what you mean. This stock has been on a strong growth path. You will get your money back in time and much more if you are willing to let the company do what they have to do.
I understand some concerns about our unfair valuation. I don't understand why so many are watching the share price and worrying to the point of selling at a loss. How can anyone that has done even some due diligence not be comfortable in our unimaginable future success. They are telling us what the future holds and these guys are executing to a tee! I would prefer to go into the conference with a lower valuation and think our overvalued valuation last year, coupled with Ziv's poor presentation, may have caused the very investors we were courting to actually short our stock. I have noticed someone is holding us at 50 cents and have been for weeks. Is this intentional? Is the company trying to prevent the rapid rise that hurt us last year? Possibly. Sit back and relax. The company want's stronger hands holding this stock and can we blame them? This will take off and will happen when it is ready. This company has the most robust pipeline and most experienced management of all the mj stocks....including GWP....I will retire early as my reward for holding tight while the impatient continue to scrape by.
The company is looking for the sophisticated investor, not some short sighted penny trader looking for a quick buck. The company obviously is not concerned in keeping you happy and are actively courting the big boys on Wall St.The last thing this company need is it's market cap being under siege by the short sighted investor and future growth will have to include stability in it's share price. The good thing here is we have an opportunity to profit like the big boys here if we are patient. This is a rare opportunity and not some pump and dump. One thing I have learned is the ones that have the least to lose are the ones that yell the loudest! Read the 8-k's again because they are telling us where this is heading, but need to be sophisticated enough to understand how to read between the lines.
I totally do agree with you about the suspicious trading activity and have emailed the transfer agent and suggest everyone else does too. They know who is buying and selling. One thing I have mentioned many times is OWCP is suing Wall st right now in New York State and I have always wondered if that's why our stock is being so obviously manipulated. We have to understand that 30+ million shares were illegaly dumped and keeping share price down means smaller restitution payment if that's the way the suit is awarded. Keep heads up it will not go on forever. Let's blow up transfer agent inbox!
yoel@vstocktransfer.com
212-828-8436
Shame on you John! You are smarter than this. Every single mj stock is down 20- 50% today.EVERY SINGLE ONE! Relax! We have no sales yet but are so close. We will get the respect we deserve once phase 1 are complete. There is not one MJ stock out there with this potential. I have not watched this downtrend today and advise you do the same. It is frustrating and distracts from the longterm potential. Sessions is an A-Hole!
Relax guys. This will close green. Every time our favorite pre school chart teacher posts it happens. Too strong now to stay down.
The gap filled this morning pre market. Cn.. has run over 2 on no new news and feel we will do the same. Yes anticipation is brewing for most decent mj tickers and expect that to continue for some time. 1.00 will be easy without news and wouldn't be surprised to see it this week.
Consider OWCP the ripple of the cannabis tickers. When all become too expensive investors will look for bargains. The best is being saved for last. No worries here as this is about to make a major move north. The run starts this month. Happy New Years everyone!
I would assume cnb having generated some revenue is one reason for the inflated valuation. One other observation I noticed is their very low volume compared to ours,which makes it a terrible stock to trade. Unfortunately for us flippers have done a number on our pps this year and as more holders come on board the price will surely increase.
Get a grip buddy! You are way over thinking this. Great company, great potential, great research, great management, exceptional and extremely promising products, coupled with an early ground floor opportunity with a emerging market pioneer and BINGO! Your impatient advise is not warranted here. Go have some fun, get out side and check on this occasionally if you like, it will move when it's ready.
A TSX venture listing is in the works and OWCP does satisfy all requirements to list. I am not sure why a very reliable long like yourself has suddenly turned doubtful. With the prospects of this company's success far exceeding almost all others operating in this space, patience and discipline is a must. They would not be taking the steps to list if they had no chance. Doubting the company on a public forum does not help the company achieve and realize it's true market cap compared to it's peers and only creates doubt to the many new shareholders here. Stay positive and try to trust what is written in 8-k's. These guy's are surrounded by professionals with far more knowledge than the average shareholder and have the vision that has attracted many long's like us that have been here for a very long time.
Debt is borrowed money which includes interest and being a start-up interest is usually quite high/high risk. Liabilities include such things as unpaid wages and contracts ,which state when the company starts receiving revenue, services than will be paid, and with our case interest free. Nice try pal! This company has a balance sheet almost unheard of at this stage in the game.
Listen doughnut boy. Nobody here give a rats ass what your criminal ass has to say! Get lost!
We as shareholders are constantly looking for new info. We found some very positive info yesterday, but if the company decides it's not material enough to announce we will not get an 8-k, and price will not move much. OWCP is in stealth mode and obviously doing as much as possible under the radar. When an 8-k is announced expect it to be earth moving!The latest patent grant is as protective as a regular patent unless it's challenged,and at that point an examination needs to be done. We are protected in Australia for the next 6 years! The reason I say 6 years is because it goes by original application date, and that was 2015.I expect a nice green day today because grant is posted all over Twitter and elsewhere. Have a great day and Tom Trady you may see your .70 today. lol
http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2015101908#
I am seeing a granted patent as of today. Can someone with more patent knowledge please make sense of this. It seems cut and dry though. Patent granted and filed as of today
They have a new management team and a totally new direction. This will not feature Ziv Turner this time. Expect totally different outcome this year. Very excited as they would not attend this event unless they felt it would pay off.
I feel an after hours 8-k will happen today
I love to see the new longs here. It is starting to feel like last November. The anticipation is building and blast off should start any moment. Hoping for news next week with holidays behind us.
Correct! I am just giddy at the opportunity to get some more dirt cheap shares before the big run. .20's does not bother me one bit. I am waiting please come to daddy. The crooked accountant is working overtime to make my wish come true.