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I too appreciate everyone's report back from the conference. I don't know why I can't shake the doubt that keeps creeping back in, especially when i read back on some of their press releases
(January 2017) "OWCP is hopeful that the psoriasis cream will be launched in the U.S. and European markets and we anticipate market readiness and the start of marketing efforts during Q2 - 2017 on a state to state basis and subject to state regulations." They have remained silent on the timeline for marketing it, not even giving us a new estimate..?
In December 2016, they were in the midst of testing the safety of the cream. Is it possible they did not get the results they were looking for? Or, are they waiting until they have full IP protection?
So look into it i-glow and tell us what you unearth that could be possible and probable legal issues.
Yes, there are alot of big things brewing, but it will slowly take the course of the next year to get our coffee, with some sprinkling of news every quarter. Please don't insinuate that we will be hearing market shaking, share price changing news imminintely.
Now your grasping at straws..
I'm surprised we haven't heard anything from the others that went..?? They seem to be MIA. There are alot of unanswered questions. There are times that i feel I'm sitting on a pot of gold and other times i wonder if it's fool's gold. Time will tell. unfortunately more time than planned, and hopefully that in itself is not a red flag that I'm ignoring.
Obviously the company didn't understand what was required either.
Thank you Money
Joe, I value what you have to say and because of that, and others whom I value as well, I post. What benefit does that serve? I post, not to complain, but to address my concerns (fact based, not bashing and opinions) to a more responsive group of people than owcp management. I raise my concerns to others that can understand because they are in my shoes. And, to hear from others, who either validate, or boost the morale by adding some good points and reminders. Of course there are those that respond negatively, possibly because they are really scared,
or they are just unkind.
I'm sorry about that, I hope everything is, or will be ok.
Hiring credible people, filing applications, creating timelimes etc...implies a company that is lining all their ducks up in a row..and lining them up..and lining them up..
I am not discrediting them yet. BUT the fact is, they have not accomplished what they set forth on their timeline on the 3/3 short-term catalysts they mentioned, and on many other items mentioned.
Yup, Dr. Hirsch said, "We will not provide responses to individual approaches between our public communications".
I'm not concerned with whether they respond back. I wanted to voice my concerns, which might not get a response but will get read.
You might want to consider writing to them yourself. There IS strength in numbers. And really, to not have met ONE of their stated goals? Are you, and other investors okay with that? I'm not.
(My email to Dr. Hirsch and Mordechai Bignitz)
Owcp prides itself on being the leader in cannabis research. And OWCP appears to have the creme de la creme of accomplished board members. Yet not ONE of the goals that I have delineated below, which the company has set for themselves, has been successfully met.
1) What happened with the TSX and other exchanges that OWCP was looking to cross list on?
2) Why is there a delay on the psoriasis cream phase 1 study? The preclinical was 1yr ago, that is a significant period of time.
3) The oral disintegrating tablet safety study was supposed to be completed q1 and the efficacy study to begin q2, why the delay??
4) The preclinical for the nasal spray was projected to be done in 2017 and now is pushed off to q2 2018??
5)The cream has been "market ready" for a seemingly significant time now with no word on moveoff ment.
6) Is there any movement in the consulting business??
7) Is there any IP protection?
8) Has the "process of completing a strategic analysis to determine the optimal markets and the best possible way to penetrate these markets" been completed?? Are we still engaged with mediq?
Those 2 new studies that you speak of are also delayed studies. Look back on the investor presentation timeline at the nasal spray (q4 2017!)and oral disintegrating tablet (q1 2018) timeline.
Basically NOTHING to show for the past years "research".
Where is "short term catalyst"?
I hope your right, just surprised that a company with so much business acumen has a dead consulting business.
I don't think it matters where they are from, it matters whether the company is investing in a country where the federal government considers marijuana illegal.
Besides that, owcp doesn't meet the requirements unless they have a sponsor
Why? Are all the companies supposed to be exclusively canadian based?
Yes, news takes a second but it could be a year, or two or three
Everytime you say that it goes lower
Cherry, Someone that says "..WE are stuck at .38-42.." implies that he is a shareholder like the rest of us..AND I completely get his feelings. I also am struggling with all the cakes in the oven, but nothing fully baked to eat.
You're welcome. If they had said early first quarter vs. early 2108, than that would mean earlier in the timeline, to me.
I feel you, but i think the first quarter could be considered early 2018.
Owcp has not been moving up in tandem with the sector
Perhaps when they finally release something of substance, a timeline won't cut it. I find it very strange the whole operation. I believe but have to admit some niggling doubts
1) fibromyalgia/pain tablet phase 1 initiation in q4 2017..crickets
2) fibromyalgia/pain nasal spray safety study in animals q4 2017..crickets
3) cannabis cream completed human safety study q1 2018..crickets
4) cannabis cream 6 week approved IRB efficacy study supposed to be initiated q1 2018..crickets
5) oral disintegrating tablet completion of 3 month stability study between q3 and q4 2017..crickets
initiation of phase 1 safety study
6) Market ready of cannabis cream for distribution in specific markets...crickets,
7) cross listing..crickets
8) consulting and advisory business..crickets
I hope everything in the pipeline doesn't just stay a pipedream
How long will we have to wait..
Why are they a pink stock from QB?
Why would anyone sell now???
I certainly hope so and expect it to be.
Cherry I'm baffled by your statement, considering that is exactly what they did last year
So someone sold 10,000 shares for 22$...
An emergency paint job
Still holding and waiting..
They will do it in their own time, they are not overly concerned about our feelings..
I'm confused by your previous post that looked like you were willing to hold, expecting something in "the next 4 weeks"?
I agree with Dumotier, them attending the conference is not a proof of anything, especially based in last years results.
Well, we dont have more news then last year yet. We have the promise of news..