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.
I'm sorry to say that from what I can see..and being on the pinks and not having their financials up to date as they are not required to do so on the pinks that this one is done...stick a fork in it.
Sorry for those that lost money or are now bagholders but I have seen this one act play dozens of times.
I think it's pretty clear in the sec complaint that all the LLC's are tied to the Freidlands....they are going to spend a pile of money on lawyers to defend this action...as per usual..lawyers win..lol
Torez..
I have a legitimate question for you...
Can you or anyone on this board explain to me how RSII went from being in the retirement home business to literally overnight somehow transforming themselves into a major mmj company?
I am curious.
Hey Torez..how's that RS** working for ya?
It's just magical how that company turned from a holder of retirement homes and suddenly becomes a major player in the mmj field.
How did they do that?
LOL..great dd.....
Zomby
If you read the SEC complaint again you will see that all the LLC's referred to were those that were set up by Jeff and his wife.
How can you make a statement that there are not too many people left holding owcp from a year ago?
Are you privy to trading records?
NO
Do you have obo/nobo access?
NO..
So your statement is just pure bs and just another lame attempt to destroy the price of the stock.
I know for a fact that everyone I have been in contact with since I began holding the stock is still holding.
You can't confirm anything that is in your post.
ZERO CREDIBILITY
"Oh, the complaint against Friedland and the OWCP fraud has been published.
I love exposing these OTCM scams. "
Jeff Friedland defrauded OWCP and its shareholders by moving his restricted shares to another company and then producing a fraudulent opinion letter from a disbarred lawyer to trick the transfer agent. Jeff brought the shares to a broker house which refused to liquidate the shares. So he Found another brokerage to sell the shares into the market as he pumped the stock to his loyal followers, using his authority figure status and all the while never disclosing he owned over 6% of company.
That's the long and the short of it David. Absolutely no fraud on OWCP's part.
Get over it and stop misrepresenting the fact about owcp never ever having been granted a patent..because I just posted proof of a patent being granted to them last November 2017.
YOU SAID THEY HAVE NEVER BEEN ISSUED/GRANTED A PATENT...THIS PROVES YOU ARE WRONG AND SO IS IGLOW
SAID ENFORCEMENT OF THE PATENT REQUIRES FURTHER STEPS.
THAT'S GOT NOTHING TO DO WITH A PATENT BEING GRANTED.
SO STOP WITH THE BS.
It seems to me you are the misinformed one.
$OWCP New Patent Granted@OWCPharma#Medicalmarijuana#Medicalcannabis@CNBC @CNBCI @Cnn @cnni @WSJ @BW @Reuters @business @jeff_friedland pic.twitter.com/VJhtXUmNIG
— OWCPharma (@OWCPharma) November 8, 2017
As has been posted here before, they found some additional benefits for the creme while doing their research.
The creme started of as a treatment for psoriasis...now it has the potential to be much more.
Might that change timelines?
Hence the delay to further investigate before releasing the creme.
All of this was made abundantly clear in releases and official documents from the company but it seems for some they pay no attention to official information from the company and rely on speculation, innuendo and outright lies.
We have no clue what the company has discovered during the ongoing research and development of the creme.
Their prime goal right now is to protect their intellectual property and only release information when the time is right.
People that are babbling here about missed deadlines and no scientific reports have no clue what a company goes through, especially a startup, as they develop their science and products based on that science.
It just doesn't happen over night.
If the company is guilty of anything it is their inability up to this point to update and assure shareholders exactly where they are in the process.
Admittedly, they could do a better job communicating with us.
Time to get some new material..this info is very dated and factually it's nonsense...
Try and come up with something new....lol
Recreational mj in Israel is strictly taboo...and for right now the plan is to sell mj by prescription only...
I didn't read where it said they were selling otc.
Richard Rubin has been gone for a while.
You mean sublingual...lol
Tell us the gospel Thelonius.....lol
I happen to know for a fact that your statement is bs..so I'm not the one that needs to do dd...
Sorry.
NO clue what you're talking about..
Provide evidence that people are not working full time.
Just another bs statement.
You ever run a business?
Do things ever change?
Does a new direction ever happen?
It would be really great if the company told shareholders every time they make decisions.
I don't need my hand held.
And OWCP has more important things to do like raising funds, running studies, completing tasks in a timely matter...
Yes timelines change....
It's always been a fluid situation.
They are a startup r and d company.
What don't you understand about that?
That speaks volumes.
That's rich...no answer...
Do you know what a startup is..
Especially a Bio startup?
This is where they start...when they don't have the funds...
and many succeed.
Why spend time here day after day putting the company down?
I just don't understand.
What purpose are you serving?
Who are you serving?
If nothing else it's made it a lot harder for the company to raise money...so you could be right..there may be merit in a lawsuit...but these things don't resolve overnight.....
"Good luck to all... be patient... it's coming but it's taking a lot longer than any of us thought it would. "
I don't know about you but OWCP is a startup company..r and d...I never ever saw this as a get rich quick scheme....
I have been in for more than 1 year and I always saw this as a 3-5 year investment...which at that point would very likely payoff.
I don't know what your expectations were/are...but perhaps a little more dd in the beginning would have made your expectations realistic.
OWCP LONG AND STRONG!
I did just that with some of my shares...lolol
Your order 890090504 has been successfully placed on March 30, 2018 08:58:44 PM ET.
You may want to print this page for your records.
Order Type:SellQuantity:74,113 Symbol:OWCPMarket:U.S.Price Type:LimitLimit Price $:100.00 Term:09/28/2018
Your Order Totals:
Estimated Principal Value $:7,411,300.00 USD Estimated Commissions $:9.99 USD Estimated F/X Rate:N/A Estimated Transaction Value $:7,411,290.01 USD
Let me clarify...
I am not getting inside information.
The information I receive has to do with the company and it's operation as to being within the law and not breaking any rules.
That was stated clearly in my post as it was in response to what you wrote which I don't agree with.
There is nothing illegal about how the company is operating.
As far as all your questions why don't you ask them yourself?
You seem to be quite inquisitive.
I know excatly what is what with the company.
I have friends that live in Israel whom I speak with several times each week and I am in regular contact with others that supply me with information as to the state of affairs with the company.
That is more than good enough for me.
I am both secure in my investment, extremely confident the company has done nothing wrong just as the SEC complaint indicated as they were not charged and also supported by Dr. Hirsch's letter to shareholders.
owcp was never a pink sheet company...you don't seem to comprehend the difference...
That's your first mistake..
Your second mistake is blaming everyone else for your mistakes..lol
Owcp went to more than 3.00 dollars last year...only idiots lost money because they didn't sell or they bought in as the run was ending...
Go ahead and blame the company when you have only yourself to blame..lol
Good luck..you'll need it...
not bashing..you are here pumping a pink sheet pos that has nothing that can be verified..just a bunch of vague press released to help sell shares..all the while you sit here watching the price drop and still call this company the best investment ever...
Then you pop over onto our board and bash our stock..seems to me you're the one with the psychosis..lololol
pink sheet garbage..nothing can be verified...lol
THis is a pos....
Yes it is very touching..such humanity.
http://www.jpost.com/Israel-News/Govt-Sheba-Medical-Center-will-be-Israels-future-City-of-Health-547252
OWCP is currently carrying out a large portion of their research and development activities at Sheba!
http://www.jpost.com/Israel-News/Warren-Buffett-wagers-big-on-Teva-and-on-Israel-543997
Hmm..Warren likes Israeli companies...
Teva....
LOL....thanks for providing some humor :)
You don't speak for investors.
Hemp is an agricultural product used to manufacture many things. It was wrongly banned because it comes from the same plant family as the cannabis plant...but the two are very different.
Don't see how this changes anything regarding mj...this is more a boost to farmers who used to grow hemp and want to do so again.
Ya..I had to dig to find it...but I did...I knew I'd seen it a few weeks back.
How does a company move from an OTC market to a major exchange? By Ken Clark | Updated January 5, 2018 — 3:33 PM EST
SHARE
A:
The over-the-counter market is not an actual, physical exchange like the New York Stock Exchange or Nasdaq. Instead, it is a network of companies that serve as market makers in particular low-priced and thinly traded stocks. Thus, the OTC market is actually a quote system between these companies that buy and sell stocks "over-the-counter" and not "on the exchange." A publicly traded company can, in fact, switch from being traded over-the-counter to a stock exchange that it believes will be favorable to its financing efforts. However, the company must first meet the new exchange's financial and regulatory requirements.
Mechanics of Moving
First, the company and its stock must meet listing requirements for its price per share, total value, corporate profits, daily or monthly trading volume, revenues, and SEC reporting requirements. or example, the New York Stock Exchange requires newly listed companies to have 1.1 million publicly held shares, which must be held by a minimum of 2,200 shareholders. By contrast, the Nasdaq electronic exchange requires 1.25 million public shares held by at least 550 shareholders.
Second, the company must be approved for listing by one of the organized exchanges. It must first fill out an application and provide various financial statements verifying that it meets its standards. If accepted, the organization typically has to provide written notice to its previous exchange indicating its intention to voluntarily delist. The exchange may require the company to issue a press release notifying shareholders about this decision.
While a lot of fanfare may occur when a stock is newly listed on an exchange, especially the NYSE, a new initial public offering (IPO) is not carried out. Instead, the stock simply goes from being traded through the OTC market to being traded on the exchange.
However, the stock symbol may change. A stock that moves from the OTC to Nasdaq often keeps its symbol. Contrarily, a stock that moves to the NYSE often must change its symbol, due to NYSE regulations that limit stock symbols to three letters. The OTC and Nasdaq both allow up to five letters.
Why Switch Stock Exchanges?
There are a variety of reasons why a company may want to transfer to a bigger, official exchange. Given its size, companies that meet the requirements of the NYSE sometimes move their stock there for the increased visibility and liquidity that it offers. A company listed on several exchanges around the world may choose to delist from one or more in order to curb costs and focus on its biggest investors.
OTC Markets and Pink Sheets
The OTC market is a generic term for companies that don't trade on a single, organized exchange such as the NYSE or the Nasdaq. The OTC divides itself into three major components: the QX market, where companies have minimum financial requirements; the QB market, where they must be current in their financial reporting; and the Pink Sheets, where companies can (and do) trade with no disclosure whatsoever, even if their share price is less than a penny. The trading takes place through electronic communication networks, where brokers and market makers post their bids -- their offers to buy, with share amount and price -- and asks, or offers to sell. Trading in OTC stocks can be volatile and risky, as thinly traded stocks tend to move more rapidly in price than more liquid securities.
Big difference. OWCP trades on the QB not the pinks.
They trade on the OTC because they are startups and don't meet the listing requirements of the Nasdaq(legitimate companies).
We have the same type of thing here in Canada..the TSX.V...venture exchange..for companies that don't meet the listing requirements of the main exchange, the TSX...
Many companies move from the venture exchanges to the main exchanges routinely in the USA and Canada.
That's a fact.
I don't disagree that there are a lot of scam companies trading on the OTC...especially on the pinks...
However there are also a lot of legit companies of which OWCP is one..regardless of what you or anyone else posts here.
They are fully reporting, non diluting, have excellent management and scientific officers...and they are a startup research and development company.
It's too bad if people don't like how the company is doing things but the fact is we have absolutely no clue what is going on behind the scenes and so anything read here is just speculation.
BS....
The SEC monitors everything but not the pinks.
I know this from personal experience....I have an assortment of certificates from scam pink sheet companies...and the SEC has no interest in prosecuting...our shareholder group tried and failed with the SEC..
The pinks are the wild wild west..everyone knows that except you.
On the other hand...I have three stocks that trade on the otc and otcqb...two which are currently involved in litigation with the sec/doj...and OWCP...well we saw what JF did..
So for you to say there is no difference just shows you don't have an understanding here.