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just printed .026 on Itrade...
Holiday here in Canada..lol..Victoria Day...bs holiday tied to the British Monarch....not a lot of fireworks went off last night...
There is no evidence that OWC colluded with Jeffery Friedland in 2014. Jeffery Friedland’s activities in Colorado were his activities, not those of OWC.
Your post reminds me of a previous false claim you made.
I-GLOW wrote:
“Yes, most certainly there was collusion and OWCP was complicit in the share selling scheme from beginning stating in 2014. The scam started at the Friedland dinner party in 2014.”
This statement of yours is no where in the SEC complaint document: “there was collusion and OWCP was complicit in the share selling scheme from beginning stating in 2014”, and does not merit a preface such as “Yes, most certainly”. The SEC action did not state this. It is not fact. It is not “most certainly”. The SEC complaint against Jeffery Friedlant actually exonerates OWC in my opinion, and they are not a party in this SEC action; fact.
There was no representative of OWC at Jeffery Friedland’s dinner party in Colorado in 2014. This was Jefferey Friedland doing his own thing in Colorado and the OWC management in Israel was not party to it.
According to the SEC, concerning OWC’s interaction with Jeffery Friedland in 2014, the FACTS ARE:
"29. In August 2014, Friedland purchased 1,322,222 shares of restricted OWC stock for $119,000 pursuant to a subscription agreement that he signed on behalf of Intiva, and the ownership of these securities was identified in OWC’s SEC filings (albeit with “Invita” rather than Intiva). On or around August 18, 2014, OWC provided an opinion letter to its transfer agent from a disbarred attorney in connection with its issuance of stock to Intiva."
There was nothing fraudulent about OWC issuing 1,322,222 shares of restricted OWC stock to Intiva in August 2014. Since there was nothing wrong with the issuance of these shares, there was nothing indicated as being fraudulent about the opinion letter which OWC provided to its transfer agent.
According to the SEC complaint against Friedland it says “from a disbarred attorney”, but we don’t know any additional information about the attorney OWC used in 2014. He/she may have had a current license to practice law at that time. Wether the attorney was disbarred prior to or after August 2014 is information not given by the SEC.
————————————————————————————————
Furthermore,
It is misleading to quote small bits out of the context of the actual SEC document; especially when you leave the year off, which was included in the document. The 3 different years of the 3 different 144 Opinion Letters as clearly stated in the SEC document is absolutely relevant. This SEC complaint exonerates OWCP.
Fact: The SEC did NOT state anywhere that OWC was party to any of Jeffery Friedland’s fraudulent activity, NOR Friedland’s fraudulent 144 Opinion Letter in January 2017.
Fact: The SEC stated that it was Friedland himself who provided the fraudulent 144 Opinion Letter to the transfer agent in January 2017.
Here is what the SEC document actually says about the 3rd opinion letter provided to the transfer agent in January 2017:
46. Friedland provided the transfer agent with a purported attorney opinion letter that included inaccurate information about Global’s acquisition of OWC stock and misleading information about the connection between Friedland, Global, and Lane 6552. The letter was signed by a disbarred attorney. "
Just so the FACTS are KNOWN AND CLEAR as the SEC has presented them; NOWHERE in the SEC complaint against Jeffery Friedland does it state that the two opinion letters provided by OWC in 2014 and 2016 are fraudulent. On the other hand, the SEC complaint does clearly state that the opinion letter provided by Jeffery Friedland in 2017 was fraudulent with this clear language used by the SEC in the SEC complaint (paragraph 46, page 14).
"Friedland provided the transfer agent with a purported attorney opinion letter that included inaccurate information about Global’s acquisition of OWC stock and misleading information about the connection between Friedland, Global, and Lane 6552."
The definition of purported is:
"appear or claim to be or do something, especially falsely; profess."
The SEC used very specific language as to why this opinion letter is fraudulent. This opinion letter was provided to the transfer agent in January 2017 by Jeffery Friedland (not OWC).
Since the SEC used the word purported, the opinion letter including the attorney's signature may have been forged. Either way, OWC is not implicated in any way regarding the 2017 opinion letter provided by Jeffery Friedland.
According to the SEC complaint against Friedland it says “from a disbarred attorney”, but we don’t know any additional information about the attorney OWC used in 2014 and 2016. He/she may have had a current license to practice law at that time. Wether the attorney was disbarred prior to or after August 2014 or February 5, 2016, is information not given by the SEC.
The FACTS have been presented by the SEC in their complaint against Jeffery Friedland, his wife, and their companies in Colorado. Those are the defendants in this case. OWC or OWCP are not implicated in the Friedland's fraudulent activity which started in January 2017.
The SEC complaint document does not state anywhere that Jeffery Friedland used the same attorney as OWC. Anytime I have worked with a lawyer, I have hired a lawyer somewhere near me. Friedland lives in Colorado and had 2 or more companies in Colorado between 2014 and 2017. It goes to reason that the lawyer(s) Friedland used in his affairs with his two Colorado companies is not the same lawyer used by OWC, a company located in Israel. Jeffery Friedland would have no problem finding lawyers in Colorado.
FACT: There are over 1.3 million attorneys in the United States.
As of 2016, there are 1,315,561 Licensed Lawyers in the United States of America.
http://www.denniswpottslaw.com/united-states-attorneys-map/
If Friedland's Attorney was disbarred as a result of the SEC’s investigation then it is most likely that he was disbarred in 2017 after having drafted and/or signed the third [fraudulent] opinion letter which Jeffery Freidland (not OWC) provided to the transfer agent. However, this information is not given by the SEC.
According to the SEC, here are THE FACTS ABOUT THE 3 DIFFERENT OPINION LETTERS TO THE OWC TRANSFER AGENT (years 2014, 2016, 2017)
——————————————— 2014 ———————————————
"29. In August 2014, Friedland purchased 1,322,222 shares of restricted OWC stock for $119,000 pursuant to a subscription agreement that he signed on behalf of Intiva, and the ownership of these securities was identified in OWC’s SEC filings (albeit with “Invita” rather than Intiva). On or around August 18, 2014, OWC provided an opinion letter to its transfer agent from a disbarred attorney in connection with its issuance of stock to Intiva."
There was nothing fraudulent about OWC issuing 1,322,222 shares of restricted OWC stock to Intiva in August 2014. Since there was nothing wrong with the issuance of these shares, there was nothing indicated as being fraudulent about the opinion letter which OWC provided to its transfer agent. According to the SEC complaint against Friedland it says “from a disbarred attorney”, but we don’t know any additional information about the attorney OWC used in 2014. He/she may have had a current license to practice law at that time. Wether the attorney was disbarred prior to or after August 2014 is information not given by the SEC.
——————————————— 2016 ———————————————
"31. On January 21, 2016, Friedland and his company Global entered into a two-year “Media, Public Relations and Investor Relations Services Agreement” with OWC (hereinafter, the “Global PR/IR Agreement”), which Friedland signed as Managing Director of Global.?Under the terms of the Global PR/IR Agreement, Friedland agreed to develop a media, public relations, and investor relations program to create interest in OWC on the part of financial journalists, institutional investors, and the general investment community. In this role, Friedland agreed to “create a higher level awareness of [OWC], as well as the anticipated impact with the investors[;] [Global] will provide both an introduction of the company to the overall American population, as well as specifically target investors.” The agreement also states that Global would assist OWC in reaching investors by writing news releases, shareholder letters, corporate summaries, profiles, and website copy, and would establish OWC’s Facebook and Twitter accounts. The Global PR/IR Agreement stated that it could only be amended if executed by the parties in writing.
32. Pursuant to the compensation terms of the Global PR/IR Agreement, OWC transferred 5,134,375 OWC shares to Global on February 5, 2016. OWC provided an attorney opinion letter to OWC’s transfer agent from a disbarred attorney in connection with the issuance of OWC’s stock to Global. OWC disclosed in reports it filed with the SEC in February 2016 that Global owned these shares of stock – 6.3% of OWC’s common stock at that time – and that Friedland controlled them as Global’s President and CEO, but neither OWC, Friedland, nor Global made any disclosure as to how the shares were acquired by Global."
There was nothing fraudulent about OWC entering into a 2-year “Media, Public Relations and Investor Relations Services Agreement” with Friedland and his company Global and they paid him according to the agreement a reasonable amount of 5,134,375 OWC shares to Global. On January 21, 2016 the PPS of OWCP stock was .04 to .08 and therefore 5,134,375 shares would have been worth $205,375 at .04. It’s fair to say that if someone had done a PP with OWCP during that same time period, they could have gotten a PPS of .04 or less.
Since there was nothing wrong with the issuance of these shares, there was nothing indicated as being fraudulent about the opinion letter which OWC provided to its transfer agent. According to the SEC complaint against Friedland it says “from a disbarred attorney”, but we don’t know any additional information about the attorney OWC used in 2016. He/she may have had a current license to practice law at that time. Wether the attorney was disbarred prior to or after February 5, 2016 is information not given by the SEC.
"36. On March 15, 2016, OWC issued a press release via PR Newswire announcing that Friedland had joined OWC’s Advisory Board to advise on business development efforts, and that Friedland would serve as the Company’s U.S. representative."
——————————————— 2017 ———————————————
"39. On or about January 3, 2017, Kathy Friedland organized Lane 6552 LLC, a company with no apparent business purpose or operations, with herself listed as the company’s sole member and principal.
43. On or about January 14, 2017, Friedland submitted a request to OWC’s transfer agent to reissue Global’s 5,134,375 shares of OWC stock to Lane 6552 LLC and remove the restricted legend from the securities.
45. In order to sell his restricted shares in the public marketplace, Friedland needed to have OWC’s transfer agent remove the restricted legend on Global’s 5,134,375 shares.
46. Friedland provided the transfer agent with a purported attorney opinion letter that included inaccurate information about Global’s acquisition of OWC stock and misleading information about the connection between Friedland, Global, and Lane 6552. The letter was signed by a disbarred attorney. "
Since there is so much disinformation posted on this board I thought I would post some information outlining the employees (and former ones) of OWC and their salaries along with some other information....
Yes we have employees....
Yes we're a real company...
and yes good things are coming...
MANAGEMENT
Dr. Stanley Hirsch: Chairman since July 2017. $42,000 and 1,500,000 stock options which are vested over a period of 2 years with an exercise price of $0.05. His Bio on the OWCP website states: He has also served as Chairman of the Board of Directors of Foamix Pharmaceuticals Ltd. (NASDAQ: FOMX), since 2016….should it not be He is also serving?
Mordechai Bignitz: CEO of both OWC Pharmaceutical Research Corp. & One World Cannabis. Salary $63,000 and in 2016 received 10,000,000 stock options through the 2016 ESOP which are vested over a period of 2 years with an exercise price of $0.05 and were measured at the grant date in total value of $1,088,081
Alon Sinai: COO of One World Cannabis. Smart Medical Solutions, his own company. Posts constantly on Facebook on medical topics, but they are of issues related to his own company’s field of work. Salary of 5300 Shekels for 3 days week + Benefits. 2016 received 7,000,000 stock options through the 2016 ESOP which are vested over a period of 2 years with an exercise price of $0.05
Yossi Dagan: CFO, for of both OWC Pharmaceutical Research Corp. & One World Cannabis. Full time Salary of 25,000 Shekels ($7,000 USD +/-. Plus stock option to purchase 1.5 Mil Shares of OWCP at $0.05 vesting over 3 years. https://www.topimagesystems.com/news/top-image-systems-announces-consolidation-executive- management-team/
Dr. Yehuda Baruch: Director of Research and Regulatory Affairs of One World Cannabis. Salary $63,000. 2016 received 7,000,000 stock options through the 2016 ESOP, vested over a period of 2 years with an exercise price of $0.05
Dr. Oron Yacoby Zeevi: Newly appointed Chief Science Officer. Salary of 25,000 Shekels/month + benefits for 2 days/week + stock option for 1.5 mil shares vesting over a 3 year period.
Ms. Hannah Feuer: Chairman of the Audit Committee. On February 12, 2018, the Company granted 150,000 stock options which are exercisable into 150,000 shares of common stock. The options shall become vested over a 3-year period from its date of grant at an exercise price of $0.05.
Miri Sani: Regulatory Advisor
Sharon Rozenblat: Senior Science Advisor to the Scientific Advisory Board
Dr. Merav Leiba: Senior Science Advisor
Amir Uziel Cruising the world, enjoying the good life, with immense gratitude to.....
Jeff Smurlick: Mostly MIA now. No more posting Since beginning of March and Friends no longer visible ( tied at the hip to JF..interesting that he's awol now)
Ziv Turner Prolific poster but his friends are no longer visible. Probably still enjoying his food!
Jeffrey Friedland: Contemplating what it might be like being incarcerated and why he acted like such an idiot.
I saw a buy for 990k of shares..about 25 thousand dollars right near the close...that caught my attention...
My feeling is there will be selling in the morning and a recovery and move higher in the pm..maybe not to .03 though...
Always a great sign to see a stock running into the close!!! Go UOIP
So I see..lol...I have my fill now I think....gl!
Absolutely correct..many mm's remove their bids and asks after the market closes...so b and a after hours is bs...unless there is ah trades and there isn't in otc land.
Cheers and gl to all of us!
I paid .0195 today..overpaid by a bit...but it's really immaterial as I am not here to flip..
So at the end of the day..no big deal :))
Trade settlement is T + 3.Trade plus 3 days to settle.
About Settling Trades In Three Days:T+3. Investors must settle their security transactions in three business days. ... This rule means that when you buy securities, the brokerage firm must receive your payment no later than three business days after the trade is executed.
I worked in a brokerage...obviously you'd never pass your series 6 or 7 like I did..
Typical of every one of your posts that are 99.9 % bs and .1 % fact.
rotflmao!!!!
No issue whatsoever getting filled at .0195
Order went through immediately and I had my bid set at .0198...filled at .0195
Thank you Grasshopper.
We all know..you sold OWCP and bought RSI#..a real gem of a stock.....How's that working for you?
NO..as per usual you embellish and add your own spin..the SEC action is not against OWCP..it is against Jeffrey Freidland.
OWCP never announced they were being investigated....They said they received a subpoena to supply information..
and just in case you don't know..a subpoena compels the recipient to provide information to aid in the investigation of another matter...
It does not indicate innocence or guilt as you're trying to imply.
Nice try.
They would not file an 8k because they are not the subject of the investigation as laid out in March.
Nice try...lol
Good idea.
For what exactly?..lol
There is the parent company and there is the subsidiary as I pointed out.
At that point in time Turner was the ceo of the subsidiary.
Once again for the record..yes..OWCP provided the opinion letter that was given to them by JF who used a disbarred attorney..NOT OWCP..LOL
As I have previously posted numerous times...there are dozens of companies clamoring to be in the cannabis field in Israel.
Having lived there and worked there I was subjected to the best and worst of mankind...in other words just because you have filed patents and such doesn't stop another company from stealing IP and then tying things up in court for years.
OWCP is being overly careful as to what they reveal and when with this in mind and has up until this date remained fully in compliance with all rules governing the OTCQB and the market in general.
The company doesn't need to prove anything to you or anyone else on this board..longs or shorts.
They just need to continue doing what they're doing and when they are ready they will move ahead.
It's very easy for you to mix up many things from the past history of the company that have absolutely nothing to do with the new management and chairman Dr. Stanley Hirsch.
Good effort...but it will fail.
The future of OWCP in inevitable!
Multiple Myeloma is sometimes associated with skin lesions.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2949377/
Oh Ya..it really pumped the share price of owcp stock up in 2016!...rotflmao!!!
DO I HAVE TO SPELL IT OUT FOR YOU...THEY ARE NOT NAMED AS A COMPLAINANT IN THE
THE SEC ACTION...SO WHAT IF THE COMPANY IS MENTIONED....IT WAS THEIR STOCK THAT FREIDLAND WAS MESSING WITH...OMG...
YOU CANNOT STOP THE INEVITABLE..... BUT KEEP AT IT GUYS...
REPEATING THE SAME BS OVER AND OVER MUST BE HARD WORK.
It hasn't been published because as they detailed they found unexpected results regarding something they weren't even looking for....markers for multiple myeloma...how did you ever forget that?
Timelines change...direction changes...this is a startup company...r and d...
let me say it again..r and..d...research and development.
You are frantically at work trying to discredit the company...it's really hilarious to see you post the same lies and half truths over and over...a complete waste of time...
But go ahead...
You can't even come close to stopping the inevitable...
old news..broken record..of no consequence to OWCP the company nor its investors..OWCP not named in the complaint...more bs news.
Every brokerage goes long and short legally..what's your point?
In normal shorting the stock must be borrowed from the brokerage inventory and returned when the transaction is completed.
In a naked short the shares are never borrowed either because they are not available or they are phantom shares.
Naked shorting has destroyed many companies.
DO a search on the effect of naked shorting in the market.
News/report imminent..the market is always the first to react....
It hasn't been published because as they detailed they found unexpected results regarding something they weren't even looking for....markers for multiple myeloma...how did you ever forget that?
Timelines change...direction changes...this is a startup company...r and d...
let me say it again..r and..d...research and development.
You are frantically at work trying to discredit the company...it's really hilarious to see you post the same lies and half truths over and over...a complete waste of time...
But go ahead...
You can't even come close to stopping the inevitable...
More mm games....same amount on the ask..different mm...lol
A fraternity!
I knew there was a reason I liked you..lol
Fellow Gemenis..my dad is on the 16th.
June 13 is my birthday..lol..maybe a great present if Judge Andrews denies the stay.
I wrote the fake 144 opinion letter for Freidland..I admit it now.
On this sec thing again that you say never happened?..you had promised to contact Grimes yourself..of course you never followed up on it...and we all know that even if you did and you were told the calls were made to shareholders..you'd find some devious way to twist the truth..
Except we all know the truth and your desperate efforts to stop the train from coming down the tracks are useless...
But go right ahead... it's sincerely hilarious to watch a person with an extreme case of repetitus...dredge up and repeat the same nonsense over and over...
It hasn't been published because as they detailed they found unexpected results regarding something they weren't even looking for....markers for multiple myeloma...how did you ever forget that?
Timelines change...direction changes...this is a startup company...r and d...
let me say it again..r and..d...research and development.
You are frantically at work trying to discredit the company...it's really hilarious to see you post the same lies and half truths over and over...a complete waste of time...
But go ahead...
You can't even come close to stopping the inevitable...