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prove it....
I will say this again...The pr that just came out is full of ambiguities and ties the company to following through on nothing.
They are on the pink sheets and most companies are either scams or will not survive...despite the best intentions.
They also mention fda approval for which it takes 5-7 years to get that...this company is less than a year and a half old...why would they dangle that bullshit?
PAOG clinics are struggling and there is no verifiable proof that their peptide serum is anything other than a me too product..with very limited success and sales.
Should I go on?
They may have intention to be something...but from what many can see this is nothing more than a bullshit facade with high dreams and a poor record of execution.
There are much better places to put your money.
I asked a question about fda...you avoided that completely...the fact they have a pos product selling on Amazon means nothing..it is a me too product...
I do fine with real companies...
BTW..can you provide evidence that any product this company claims to have has gone through fda trials..these take years....
Just more bs.
I'm not bragging..I thanked the company for putting out fluff pr's...I doubled my money in 4 days...I am out now and will wait till the next pull back...
Do what you want.
Not me...I have been consistent about this company..look at my posts..all I am saying is to play the momo and that's it...no one gets hurt and you make bank..
Let me explain something to you...never fall in love with penny stocks especially those on the pinks.
I don't believe a word from the company or their pr today. What I do believe is the fact it will move the stock temporarily.
Those that buy pink sheet penny stocks and fall in love with them lose money
most of the time. They become bag holders.
The way to play these and pay yourself is to get in and out on the bs and hype.
That is all this company is.
I read the pr...they confirmed nothing and left the door open other than putting a few statements out that they can't be held to.
Read the pr again.
I bought on the extreme pullback last week and got out today on the move....
When this drops again, and it will I will do the same thing again.
I only buy and hold real companies with real financials and real executive teams made up of people with verified achievements that trade on the QB or higher.
That hugely mitigates any financial loss I might suffer if I am right about my dd.
I'd never hold long term with losers like Jim the cfo on board who has had a litany of failures going back 20 years.
You all do what you want...ignore the facts...and hope and pray...that's a great trading style.
Until your mood changes and you start trashing the stock....give it a rest...
This stock is a flippers dream...where else can you make 100% on your money over 4 or 5 trading sessions.
Get in and get out..
The safe way to make money with out having to believe in the pr's and promises that may never come true...
Thanks RBII!
I would think there is a huge advantage to having a degree in veterinarian medicine considering that research uses animals for a lot of the testing...but that wouldn't dawn on some people...lol
Just that Zeevi is a vet....lol
Sorry Geegee..
This has been posted at least half a dozen times in the last few months.
I personally have posted the reason for the double listing at least 4 times.
OK....I am more concerned with the fact that Iglue thinks Dr. Z is a veterinarian..woof woof!
So Zeevi's a vet?
lol!!!
Just when you think it can't get any more ridiculous on this board...you read a post claiming Zeevi is a vet...hilarious!
She earned her Ph.D. in microbiology and immunology from Ben Gurion University in Be’er Sheva, Israel and also holds a degree of Doctor in Veterinary Medicine from the Hebrew University of Jerusalem.
Dr. Zeevi has over 20 yrs experience in designing and directing research and pharmaceutical development programs. This experience includes GLP-compliant pre-clinical development of small molecule and biological drugs in various indications – including CNS diseases – for the pharmaceutical and biotech industry. She holds 14 patents and patent applications for her inventions, the latest of which forms the basis of NeuroDerm’s current project, ND0611.
I WILL SAY THIS AGAIN...THERE IS THE COMPANY OWC....AND THERE IS A SUBSIDIARY OWCP...THAT IS WHY THERE ARE 2 LISTINGS.
A suggestion that everyone lock their shares up so they can't be borrowed for shorting...
I locked my entire position up at 4.00 :)
Someone wants to give me 4.00 I'll take it......lol
Canadian Senate votes to legalize recreational pot...a start but far from done...
https://ca.news.yahoo.com/video/marijuana-bill-214338818.html
5 days....
True....I am waiting to see how the N. Korea thing goes :))
He's a businessman..he sees the $$$$$
But the guy flip flops like a flounder.
yes but with AON you run the risk of not getting filled at all.
MM's are supposed to show total depth..but they can put up whatever amount of shares they want and keep refreshing....those are the ones that flaunt the system...and don't get called on it...honest mm's mm's should be showing what they really have for sale and for buying...but as retail investors we have no way of verifying anything..that's why the game will always be rigged for us.
That is only the first step...doesn't mean it's been approved. There were 46 amendments put forward that have to be addressed. That is a huge amount. The vote was overwhelmingly in favor. Our prime minister says he feels things are still on track for late summer legalization but most pundits here say it's more likely to be sometime this fall.
Either way things are moving in the right direction. I'd like to see what the suggested amendments are. There is a lot of discussion about how it will be sold and Manitoba is the only province that has not signed on to the federal government's program which would see a 10% tax or dollar per gram tax (which ever is higher) and 75% of the revenue from sales going to the provinces and 25% to the feds.
I know in my province of Ontario which is the most populous in the country and the economic industrial engine the plan is already under way to open licensed government run stores.
One of the main issues in British Columbia is that there are a lot of small independent growers that have been supporting the medical mj community. They are worried about being forced out and in some small towns for example like Nelson BC which has fallen on hard times it now has over 60 restaurants and many small grow ops which hugely support the economy and the tourism trade. Close these down and you destroy this small community of 10000 people.
They once had a thriving paper mill but that is long gone and mj is now the big employer.
Still a long way to go here....
Zomby..I'm reminding you again that it's my birthday on the 13th...I expect a great present from you...lol
No pressure...just the Zomby troof!
That's because those reviews are plants...verified or not....the company is bs.
That report is only current to May 15th ..lol
Not here...maybe in Gaza...lol
First rule of a successful trader..listen to the market..it never lies...
The minute you start dictating to the market you lose.
That's what I have been trying to tell people here..but they all think it's to da moon....not in pinky land when the company can't even be verified and the SEC could care less...
Real startup companies list on the otcqb...because they have verified management...financials...are in SEC compliance and don't have hucksters like Jimmy DiPrima, the cfo , that have a litany of failed businesses on their resume.
This is a complete disaster. I doubt very much that those reviews on Amazon are even real..they all seem staged..verified buyers or not....who's to say that those people aren't associated with the company in some way....How would we know..the company says squat...
This is really so sad to watch..you're all being played by the mm's...they sink it way down to half a penny...major sell off...people bail and lose money...and then give the appearance of a bottom and everyone piles back in...they will drop this again even lower....wash rinse repeat...meanwhile the company which is listed on the pinks where 98% of the companies are fraudulent or never survive says nothing...
Just sad.
If this is such a great company why are they on the pink sheets?
Any legitimate company, a startup in the mmj field is on the otcqb with full financials and fully reporting.
The only reason to be on the pinks is to hide.
That's called Life on the PInk Sheets...fairy tales and leprechans...and a pot of gold...
Another day of almost 4-1 sells to buys....
People are dumping this dreck.
911 share trade at 3:35..a signal to take it lower.....and down it went....sub penny....
Tomorrow..will tell the tale....as it goes lower.
APOLOGY PLEASE!!!
You are looking too far out...You need to look at the company...and the fact that nothing they claim can be verified because they are not a reporting company...
You need to also look at the fact that they trade on the pink sheets where they can avoid SEC scrutiny..
You need to ask yourself why they would chose to trade on the pink sheets when legitimate cannabis startups trade on the otcqb and are fully compliant and self reporting and audited...
There hype and promises have all been hollow.
Great conference call...not.
Trading on the pink sheets makes it impossible to raise money other than by dilution because no fund manager would go anywhere near a company on the pinks with unaudited finaincials and absolutely nothing that can be verified.
What and who are they hiding from?
If you can ignore all these red flags then this is a fantastic opportunity...lol
The facts speak very loud and clear and there are a lot better places to put your money other than this piece of garbage.
Just remember that the people that defend this garbage will be getting out when most of you will be left holding the bag.
That's how it works on the pinks.
Thanks...
Just trying to keep things honest here and weed out the misinformation.
Thanks for your civility.
Yes..it's a good company and has many things in the pipeline.
They have no concerns for money.
I'd like to see RBII get off the pinks.
I do like some of the things they appear to be working on.
But I have reservations about the management and the fact they are on the pinks...2 red flags...
There is one individual involved with the company that has a very checkered past....failure after failure... Jim DiPrima
Not sure if he's sill around but the fact he was involved is a big red flag and may have something to do with being on the pinks and having no money....
I edited my previous post..it's there.
The investment is non dilutive and gives the company control over how it all plays out if you take the time to read the 8k in its entirety.
An excellent deal for OWC$...
So don't tell me this company can't get its act together..
There are obviously some things that are not on the up and up that make things the way they are here.
People need to open their eyes.
Raising funds and doing research takes time.
Being on the pinks does RBII no good.
Why are they on the pinks?
Kool(cesca) is a nasdaq company..how about comparing apples to apples...lol
Again with the denial.
BY the way..it is entirely possible to raise funds without diluting if you're a real company in compliance.
Istitutional banks will invest.
http://app.quotemedia.com/data/downloadFiling?webmasterId=102426&ref=12226624&type=HTML&symbol=OWCP&companyName=OWC+Pharmaceutical+Research+Corp&formType=8-K&formDescription=Report+of+unscheduled+material+events+or+corporate+changes.&dateFiled=2018-05-03
Complete bs..Another company I own which is a bio in MJ just received a 5 million dollar infusion from an institutional investor..The difference there is they trade on the otcqb and are in full compliance.
It's laughable how people make up excuses for this lame company and the idiots that are running it..
I'd like to know why this stock trades on the pinks. A large percentage of companies(98%) that trade on the pinks do so to avoid scrutiny by the SEC. My feeling is that most of what the company now says and puts out in their "so called" financials which are not even recognized by the SEC nor in the official format cannot be verified at all. There is absolutely no reason if this is a real company that it wouldn't be listed at the very least on the OTCQB which requires up to date financials and strict compliance with the SEC rules. What are they hiding from? NO money? Crooked books? What? This makes no sense to me and the latest conference call was a complete bust. The OTCQB is the veture exchange on the Nasdaq OTC for startup companies...real companies....Caveat Emptor on this one!!!??
This information you posted related to filing an S-1 is for new companies going public..This in no way applies to OWCP. Additional capital issuance would be done with a new S-3 shelf registration, but not through an S-1.
https://www.sec.gov/files/forms-3.pdf
Shelf registration is a method for publicly traded companies to register new stock offerings without having to issue them immediately. Instead, the securities can be issued at any time within a two-year period, allowing a company to adjust the timing of the sales to take advantage of more favorable market conditions should they arise.
Sometimes current market conditions are not favorable for a specific firm to issue a public offering. For example, suppose the housing market is heading toward a dramatic decline. In this case, it may not be a good time for a home builder to come out with its second offering, as many investors will be pessimistic about companies in that sector. By using shelf registration, the firm can fulfill all registration-related procedures beforehand and go public quickly when conditions become more favorable.
Issuer Advantages
Once shelf registration is complete, the only other SEC requirements revolve around standard reporting. The issuing company can adjust the release of the securities depending on variances in comparable market areas. If the market is expected to be unfavorable for a period of time, the issuer is not obligated to release the securities as long as time still exists within the two-year window.
The company maintains any unissued shares; the shares fall into the category of treasury shares. Since they are not seen as outstanding, they are not included in calculations used to determine statistics like earnings per share. Even though they are not issued, investor awareness of the existence of the pending shares can affect current market sentiment and activity.
Administrative Advantages
If a company has a longer term new security issuing plan, the process of shelf registration allows it to address multiple issues of a particular security within a single registration statement. This can be simpler to create and manage, since multiple filings are not required, lowering administrative costs for the business as a whole. Further, no maintenance requirements exist beyond standard reporting, because shelf registrations do not create an additional burden while they are waiting for issue.
Company Use of Shelf Registrations
SafeStitch Medical Inc. (formerly TransEnterix), a manufacturer of robotic surgical technology, used shelf registration to prepare new offerings to correspond with launch plans of a new product. When shelf registrations were expanded pursuant to the release of a new product line, the market responded with a 10% increase in share value. Even though the risk of share dilution was present, the market responded to the favorable news regarding the pending technological advancement.
RBII is pink sheet garbage...98% of companies that trade on the pinks never get off the pinks and most are bs.
Talk to me about a real company when they are off the pinks and at least on the OTCQB with verified financials etc.
Until then I call bs.
They are on the pinks for one reason..because there is less scrutiny as to what the company is saying and reporting by the SEC.
Look at what they have filed. The documents are not even official SEC documents.
These are audits done by the company in an unapproved method.
You all seem to forget that.
Caveat Emptor!