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Amen. Patience will pay. It's all so very obvious if you read all the 8Ks and connect the dots.
Lots of news to look forward to in May and beyond. I can't wait for End of Q3, personally.
$OWCP - Multiple Myeloma Study UPDATE!
The next phase of the study, which is based upon the promising results of OWC's earlier in-vitro studies of its unique formula of cannabinoid-based therapies targeting cells, is to investigate the doses and diverse delivery systems, [e.g. per os/oral vs. per rectum] to best determine the most effective dosages and means of delivery for the future planned study on human patients, pending receipt of regulatory approvals. The Company expects that the continued study will be completed during Q3 of this year.
Dr. Yehuda Baruch, the Company's Chief Science Officer and Director of Research and Regulatory Affairs of OWC, stated that this unique study, which we designed to pursue and secure FDA orphan designation status, will hopefully open ways to improve the quality of life of multiple myeloma patients while at the same time potentially enhance response to various multiple myeloma treatment regimes.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12035254
It's been my opinion for MONTHS that OWCP would rise to several dollars by Q3. Today's share prices are a bargain.
$OWCP - Multiple Myeloma Study UPDATE!
The next phase of the study, which is based upon the promising results of OWC's earlier in-vitro studies of its unique formula of cannabinoid-based therapies targeting cells, is to investigate the doses and diverse delivery systems, [e.g. per os/oral vs. per rectum] to best determine the most effective dosages and means of delivery for the future planned study on human patients, pending receipt of regulatory approvals. The Company expects that the continued study will be completed during Q3 of this year.
Dr. Yehuda Baruch, the Company's Chief Science Officer and Director of Research and Regulatory Affairs of OWC, stated that this unique study, which we designed to pursue and secure FDA orphan designation status, will hopefully open ways to improve the quality of life of multiple myeloma patients while at the same time potentially enhance response to various multiple myeloma treatment regimes.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12035254
It's been my opinion for MONTHS that OWCP would rise to several dollars by Q3. Today's share prices are a bargain.
OWCP is up 383% since January 3rd's close of $0.1799
OWCP is up 58% since February 1st's clost of $0.55
Then, like most stocks on the OTC that are pre-revenue, they had a big run that didn't hold.
AXIM and CNBX have run really high and scaled back.
AXIM was at $0.49 on October 26th. They were at $10.30 on January 9th. They shot up to $19.00 by January 12th. They're at $11.70 today.
CNBX was at $0.79 on January 30th. They ran to $7.60 the same day OWCP ran to $3.23 -- they were both listed with/included on the new Emerging AgroSphere ETF (which could launch any day, if SEC approves within that 75 day period they requested). CNBX closed today at $1.67 (up 28%).
Point is, at least for me, in various 8Ks and even in the 10K OWCP has hinted at what's to be expected over the coming weeks and months.
http://ownthefloat.com/index.php/2017/05/01/owcp-what-to-likely-expect-in-may-2017/
I don't check iHub very often, so I just saw your message from yesterday.
That is because they WILL do more and more research and it WILL cost money.
If they wanted $1.75M - $2M... OWCP only needs to sell around 2M shares now.
That's an O/S increase of approximately 1.3%. Not too devastating, especially considering the studies is what will ultimately lead to more and more long term value for the company. Especially in a Buy Out situation.
Dilution, via the sale of RESTRICTED SHARES. Yes. Very different than the Toxic Debt / Convertible Notes that kill "penny stocks".
OWCP did this in January and February and yet, the share price is higher after having done this. These folks can't sell their shares for 6 months and even if, for some insane reason, they all wanted to sell immediately -- they'd all have to sell on different days because they all bought on different days. The total amount of shares sold throughout those 2 months represents barely more than a single day of average volume as of lately.
The answer to the question is at the end of the sentence. I'll highlight in bold & red.
March 21 OWCP said: "As a result of the promising results of our psoriasis tests, our Chairman and CEO, Mr. Mordechai Bignitz, has directed OWC's scientific team to submit an operating plan within 60 to 90 days to conduct double-blind efficacy tests of our cannabinoid-based topical cream on other skin disorders and conditions."
Remember, the $1.6M they raised was in January and February... It MIGHT not reference that stuff in the 10K as the 10K is an Annual Report from prior to January 1st, 2017.
Yup, Europe FTW! :)
It only took 19 minutes to surpass $1.00
Today is the day. It'll be out End of Day, I bet.
LOL.
Wow. OK, man.
The site doesn't suggest that *I* own the float. It's just a name...
The point of the site was to do DD and post findings with links so people can click to verify.
I only a TINY, TINY FRACTION of the Float.
Also, I don't deal with "Pinky" companies. I don't even talk to Execs directly. I make my posts based on the 8Ks and PRs.
The one exception that comes to mind is when I write a blog after getting an e-mail response from a Patent Attorney -- who is not directly "employed" by that company to begin with.
I would argue that an 8K will answer most questions, as the 10K will only tell us stuff that happened before the start of 2017 -- which we mostly know by now.
Even "Cash on Hand" wouldn't be up-to-date if it's an Annual Report since the $1.6M was raised in January & February 2017.
I think your question will be answered very, very early next week.
I believe he's gone and being replaced by somebody with more experience in the Pharma business.
You heard what was $1M cash? It didn't show that you replied to somebody in particular.
Yes, and it's my belief that the next partnership announced will be much, much bigger/better for OWCP.
OWCP at $0.89, still capable of 10 Bagger!
Yes, I believe that. No, I'm not insane. We should have updates next week to initiate the next epic run... But, then I expect more about this (from their last 8K):
"OWC has continued to receive active inquiries from a variety of leading international scientific institutions in Countries like Germany, the Czech Republic, Hungary and more, that adopted or about to adopt MMJ bills. We are currently in negotiations for scientific and marketing cooperation agreements."
http://ownthefloat.com/index.php/2017/04/04/owcp-april-4th-8k-highlights-breakdown/
AXIM won't have a product ready until 2018/2019, yet they ran to as high as a $1 BILLION Market Cap in big news.
OWCP sounds to be workin' a deal with Big Pharma to partner up and get their products mass produced and mass marketed while they sit back and collect a sweet royalty.
OWCP: "We are currently in negotiations for scientific and marketing cooperation agreements"
http://ownthefloat.com/index.php/2017/04/04/owcp-april-4th-8k-highlights-breakdown/
It's MY OPINION that we'll see a partnership with a bigger pharmaceutical company to help with additional/future Clinical Trials.
Should be able to sell to large markets in Israel, Europe, Germany, etc. without a USA-based Clinical Trial.
Yes, profit takers with no sense of what's coming in days/weeks.
100% profit is cool and all, but 200% and 300% is so much "cooler". ;)
Thank you! I'll keep pumpin' out fact based blogs that cannot be disputed. :)
Yes, I do believe it.. But until the company updates us.. I felt it's necessary to refer to it as rumor. :)
Oh, damn Good Friday! Hahaha.
Well, *IF* the Ziv rumor is true... I heard a company has 4 days to update shareholders. That would be tomorrow/Friday.
That's where my 'prediction' comes from.
I predict the 10K after hours today.
Perhaps another update Thursday or Friday.
Well, I feel it's obvious there are big things in the works -- but not $10 by Friday good.
You have me mistaken with other people. I don't make insane claims without a basis for said claim.
Yes, it boils down to a persons ability to be patient.
The last month was brutal for some people. I found peace with knowing what's coming, thanks to the big hints in the 8Ks.
Not being a Day Trader / Flipper, I have NO problem waiting until the Fall & Winter if they keep teasing us with more and more updates.
Psoriasis Cream is just the start. The other Skin creams should follow and then the Sublingual Tablet could be on the market in Q3/Q4.
I'll gladly keep waiting for more and more. By mid-October, I'm officially saving a TON on taxes too thanks to Capital Gains.
Saving nearly 20% on taxes with over $1M in assumed profits -- that's big all in itself.
I agree. I feel it'd be stupid if OWCP didn't hit a new 52-week high with all the news that's coming.
It'll only be partially a surprise. Last weeks 8K kind of spelled out what's coming... ;)
http://ownthefloat.com/index.php/2017/04/04/owcp-april-4th-8k-highlights-breakdown/
Lots of people going to be selling their 100% profits here soon -- because they don't understand what's coming and that 100% profit is "nothing" in comparison to what Patience will pay in days & weeks. :)
Because of someone at OWCP telling me their passover was Monday and Tuesday and he'd talk to me on Wednesday -- I'm going to predict we see the 10K today as well.
You provide no evidence or proof that people aren't buying.
On the other hand... 2.5 MILLION SHARES traded in 1.5 hours is PROOF that people ARE buying shares.
Even if it's people selling into the Bid -- that STILL means somebody bought those shares.
P.S. Today, there are more "Buys" than "Sells".
Well, yes, I realize OWCP was listed later in the article -- but nothing about them being acquired. That's what I was questioning.
Yeah, considering the 10K is for business for the Year End 2016 -- it can't report anything "huge" that we likely don't already know.
I'm thinking it'll be more Neutral than anything. But, I could be wrong.
I'm FAR more excited for the News/Updates on these NEGOTIATIONS and the possible ZIV replacement.
Which acquisition news?
$OWCP: The Truth about the Patent Process
http://ownthefloat.com/index.php/2017/04/12/owcp-the-truth-about-the-patent-process/
:)
Absolutely. Great article.
No doubt about it. As soon as tomorrow... We'll see.
Yes, sir! We have certainly one of the best, most experienced Medical Cannabis researchers in the world. We're golden.