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We have been saying all along one has to remain patient here because one day all hell is going to break loose with this stock. This company is no joke. The same old flippers continue to make the same ridiculous accusations about the state of the company, but anyone with basic investment experience would certainly realize this is one company to watch as cannabis research continues to heat up and earns it's respect as an effective treatment for many ailments. This plant has been helping people for many years, but once proven effective scientifically the ball game changes. Big pharma waiting on the sidelines but that is about to change. Anyone not holding at least some shares are making a very big mistake...in my opinion.
Wow ! I hate to see longs down and out. We all know what the company has and we know eventually the company is going to complete first IRB approved THC/CBD trial on healthy volunteers. While they are not sharing while the trial is taking so long I would assume it's very hard to get a healthy volunteer to follow through on commitment. There is no medical benefit for volunteer to complete except a small payment for their time. I had just read an article stating just to that fact and of all the phases of trials, pharmas have the hardest time completing the safety. Real investors are here because they believe in the company and for very good reason. These guys are exceptional and Dr. Zeevi is at the top of her game. Pharma stocks are all volatile, not just OTC companies...all of them. Everyone want's the big payday but most do not have the stomach to allow the company the time needed to complete the trials and research. I have invested a substantial amount of my money for my retirement. I believe this stock will allow me to retire much earlier than planned and could give a rat's ass about the day to day flipping b.s that occurs every single day. For those that are worried about the price dropping too low before big news event don't worry. The real value will be quickly realized in just a few sessions. Lot's of noise here from flippers. That's all they are, just a flipper trying to make a few percent a day and will say anything to scare the insecure .Pre revenue is risky, but with breakthrough products being developed by a world class team, the risk is mitigated substantially. I found a winner here and can't wait until the day when I no longer need to rely on a 40 hour a week career. GLTA
I seriously wish I could trust this company. The firefly is an amazing disruptive product and frankly the only product of it's kind in the world. This will be a huge hit and will get the required capital to manufacture undoubtedly. The issue I have is how much equity will the company give up in the process. I still own my dwindling shares of this company but never expect to recoup my original investment. I hope I am wrong because like I said this is a breakthrough product with amazing disruptive potential. I wonder how low the converters are going to take us this time.
I have looked into the Sept 2017 Wall St. whispers article recently and it just so happens to be that....You guessed, Scumbag Jeffery Friedland was disposing of his entire Intiva holdings in the month of Sept....Coincidence??? I doubt it. Damn that A-Hole really did a number on the company. It's over thankfully and while investor confidence took a major hit, it will slowly recover to the great play it once was. This is, in my opinion the best marijuana pharma play on the planet, not the most advanced (GW holds that distinction) but the one that will produce the most impressive gains for long term holders over the next several years. This is like buying GW in it's infancy and holding through the volatility. While the flippers continue to work the price down long holders continue to accumulate all the while shoring up the share price moving forward. Things are about to change here at any minute, too much good stuff going on behind the scenes...well at least Dr. Zeevi thinks so.
The issue is he didn't inform investors that he was paid 5 million shares to promote company. He also told investors he was still holding stock but actually selling it. He also fraudulently had the legend removed from stock certificate. I had not researched the wall st whispers article time frame but possible connection with DB Friedland? Hmmmm! He was also on record stating he is not insider for the company but was identified the very next day in a pr from OW stating he is an insider. There is a mountain of evidence against him and he will not get away with it. I believe Ziv was fired for trying to do the same by selling certificate for 1 dollar, hoping to sell through another party. The difference was he got caught most likely by being reported by transfer agent. Amazing what money will do to people.
The SEC investigated almost a year on this case. You think that is enough time to find collusion with friedland? Of course it is. I believe Ziv was fired for trying the same thing. I read he sold his restricted shares for a dollar and tried to get the legend removed. No worries, The SEC investigates pump and dumps initiated by companies all the time and swiftly suspends them . This is not the case here.
FDA expected to vote on GWP. Drug today. Could be a very positive developememt towards the future of cannabis research worldwide.
https://www.google.com/amp/s/amp.businessinsider.com/marijuana-epilepsy-drug-approval-2018-4
The SEC only requested documents related to the Friedland matter. Most investors are already very well aware of the Ziv firing and has been speculation of his possible involvement.The company swiftly took care of Ziv. The company has to legally state and warn of possible risk's and being subpoenaed has to be mentioned. If the company was involved in any wrongdoing trust me they would be defendants. What investors need to pay attention to is this paragraph.
Item 3. Legal proceedings.
From time to time, we may become involved in various lawsuits and legal proceedings, which arise, in the ordinary course of business. We are currently not aware of any legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating results.
I cringe every time we get a new 10-k. What do you expect there to be in the that we don't already know. Pay attention to the 8-k's that announce trial results, partnerships and sales. This is a waiting game and anyone that bought thinking the 10 will reveal something huge is a fool.
While the market is hard to predict I can say with certainty the major declines the past year were the direct result from uncertainty caused by the little Nazi troll named Sessions. Markets hate uncertainty. That changed big time with the recent news of Trumps support of states rights. No time in the trumps presidency has he announced his support until now and I would have to believe the market will continue to react in a very positive way. The tide has changed starting Friday afternoon and while we gained 26%, the news hit late in the afternoon and most wont even hear of the development until this weekend and most likely Monday. Expect a lot of money to start flowing into the sector starting now. That followed by company developments should send the stock past yearly highs easily. I don't want to see the crazy run of last year at this point but if we do I will surely do things different this time.
Hirsch came to our company for a reason. I believe, if you read between the lines, there will be coordination between OW and FOMX in the near future. I would have to believe we were contacted by Hirsch immediately after the promising creme trials were announced. If you remember the company stated in April last year that we had received much interest around the world and "We are currently in negotiations for scientific and marketing cooperation agreements." Three months later we appoint Dr.Hirsch. I am feeling the much more expensive trials of phase 2 and 3 will be with FOMX. Expect the "Massive" catalyst referred to during the Wall St. conference, by Dr. Hirsch will be the announcement of the teaming with FOMX. Both FOMX and OW will see massive pps increases from the announcement. Of course any agreement will include some financial gain for the company but unsure how payments would be negotiated. Dr. Zeevi should have knowledge of the upcoming cooperation which helped her make the decision to join such a small start-up with very little compensation initially.
Total crap man! The reality is most longs are still here and we are more confident than ever. Not only am I still here but own 3 times the amount of share than I originally held. Some people never get it. The run was premature but the correction was way over done and we can all thank Mr. Friedland for that catastrophe. I think Dr. Zeevi (Top ten most influential leaders in Israel for 2017) would love to waste her time on some "Idea" as you put it. Dr. Stanley Hirsch has nothing better to do and the most prestigious hospitals in the Middle East and the world just decide to collaborate for some silly "Idea"? What a fitting name "dilligence". I think you need to do some due diligence before spewing crap and better yet learn how to spell it.
Right on man! I still can not understand why someone would buy a stock without researching every last tidbit of info they can get their hands on. I work very hard for my money and would never buy based on message board posts. Some here that are looking to invest please read all correspondence the company has put out...at a bare minimum. Insider financial has some good articles also that seem to have a good grasp on what the company is working towards. Own The float has solid dd as well and breaks things down so it's easier to understand for the less savvy. The more people are comfortable with holding the less volatility we will experience. What people need to realize is there are 1.6 million psoriasis sufferers in Australia. Our recent patent grant is probably worth more than our market cap. Crazy low pps right now and certainly a gift for me and my family as we continue to add.
I used to think they would be successful based on the research that has already been completed and the very promising results generated so far. Once they started reorganizing the management and scientific team with the likes of Dr.Hirsch and Dr.Zeevi I was like "OMG This is going to be much bigger than anyone realizes" and I started buying up as much of this as I can afford to add to my pile. This has gaped down many times in the last 6 months over inexperience,inability to understand the filings, (and read between the lines), impatience, and panic. Remember just as gaps get filled on the downside they must fill on the upside. WOW! and they just deleted your post for no reason whatsoever! These guy's are serious manipulative crooks!
The point was the filing is late because of a change in representation. Seems there was some speculation as to why and the explanation is stated on the filing.
I assume u missed a section on the extension where it states they are in the process of changing attorneys. I think Richard Rubin is ours and many other my companies including Intiva. I believe he got himself in some hot water over some real estate deal.
That just shows his inexperience. Always trade on fundamentals and never sell on fear. Proper due diligence will always pay long term. A very simple 3x formula put's us at 90 mil which includes a modest estimate of 5 mils sales at new location
You just don't get it and for that I will not try to explain. I will tell you one thing though. Research any OTC company that had uplisted and see what changed with the share structure. It's commonplace my friend. Until you realize we are not a penny stock (read the definition and exemptions for being a penny stock) You will continue your rookie rationale.
Correct! My feelings exactly.
I agree when penny stocks announce a rs to dump fast,,but we are not a penny and any road to the big boards has to include a rs to be compliant with the 4 dollar minimum or if AMX is the goal we may be able to get there without rs in a couple years (1 dollar)
He is a short and I don't even read his post's
Reverse split to uplist to Nasdaq has to happen to get approved. Some reverse split's are actually a positive event followed by up list.
You are a very smart man and obviously one of the rare breed that still actually invests in a quality company. Too many lazy kids today that live in their parents basement hoping for a quick buck. Long term hold here. Steady growth is imminent. A quick look at who is advising the company should bring relief to any on the fence.
No biggie man. Don't sell for a loss. New store means more revs. The good thing is we are collecting revs on new store right now even before we close deal. Not sure the specifics of new store sales but even at 5 million we should realize that in market cap going forward and even at a minimum of 3x sales we should be around 80 million. This goes to .30 short term after panic stops.
If you are going to sit below .10 you are never catching the next leg up. Traders wanted to fill the gap and we shall but watch this rocket the minute we hit.
I do not know of the specifics but most companies issue restricted shares or only allow a certain percentage of shares to be sold at certain times thus not to prevent shares from flooding the market. I would assume that is the case here if one really want's to dig into the specifics of the bonuses.The company is not going to allow a flood to happen. These shares will have a small effect on sp action going forward and my opinion people are seriously over reacting.
The selloff was going to happen regardless of any news at this point. Strategically releasing news would make more sense after the consolidation was over and not during. Sad waste of amazing news. This will fly after the damn gap is filled because traders insist of the .10 gap fill. I personally didn't think it was going to go that low but looks like I was wrong. I have fresh powder ready to pick up more at the gap and can assure it's enough powder to make a difference. The games we must play...Arghhhh
Yes I do. I had dug that info up during my many hours of research. GW>H had filed a patent app for MM but has since disappeared from registry. Google it and you will see that they were one trying to patent the cannabis treatment for the disease but luckily we had our app first.I get messages from past investors(losers mostly) that can't see the serious potential and it makes me realize most can't see past next week. These guy's were once the biggest pumpers during the Ziv Turner days but are negative now we have "Drained the swamp" and inserted the best and the brightest Scientist's and Doctors available anywhere. The management change-up and the hiring of one of the top ten most influential people in Israel last year(Dr. Oron Zeevi) spells success without saying a word. Like any new start-up there were delay's and mistakes made, but the important thing is they continue to become much stronger and I am seeing a powerhouse in the making. We have others saying stay away until results.To each is own but the real money is going to be made by not being on the sidelines but in the trenches. We are in good hands right now, hang tight.
Even though the safety trial is most likely complete it takes a little time to compile and publish data. What a bunch of children here. The management team is not going to be swayed by the lie and insults and will release the info properly and when it is ready to announce....period!
True value at .05? Have you done any due diligence at all? You have no business investing and definitely should not be giving advise.
My prediction is this closes between .15-.18 today. beautiful v starting to form
Finally an investor with a brain. I predicted a major correction like any stock with a rapid rise such as ours.It is too bad traders relying on charts have so much influence on sp direction but a reminder that fundamentals always prevail. The reality is that it only takes one or two large shareholders selling to cause the panic we are seeing today. Who knows why they are selling and we all have our reasons to exit a particular stock. This is meaningless long term and congrats on your cheap shares.
The reality is this company has been very strategic and careful in selling shares and will see huge return on investment with the opening of the new store. The AS is there to use and not abuse and using to secure new investment and rapid growth is exactly the strategy that one expect's of a company with fundamentals such as RXMD. You are obviously shorting and while you may make a few bucks the reality is this is this will increase 200% the day of the ribbon cutting. I predicted a 50% pullback when we hit .26 and have hit the bottom it seems. Don't get trapped here because .13 is where the fun begins.
There is a logical reason why many of us are holding long term and that is the belief this will go to 3-5 and beyond. Without that belief why would we be patiently holding for so long? Companies like this rarely come along in the OTC and the really exciting part is we are in the very early stages of an emerging market that is taking the world by storm and will be fully legal in most countries in the next several years. The reason why longs are so confident?....Top notch management running trials at some of the most prestigious medical institutions in the world on a substance that has been showing great promise as medicine and actually been healing ailments for many years. These clinical trials are just a scientific stamp of approval on medicine that already has been proven effective time and time again in Israel. Low risk high reward potential here folks and would never want to be sitting this out. One poster mentioned waiting to get in when progress has been reported and if that's your plan so be it, but the real money will be made getting in before the inevitable announcements start to be announced. JF really made a mess of the share price but remember the company did nothing wrong which should signal a very strong buy at these ridiculous levels.
This did go down for no reason. Investors feared the investigation may have implicated the company. In reality the company is the one that exposed the fraud to the SEC and is being unfairly punished. This should recover from the oversold condition but will be slower as more and more investors realize the company shouldn't be punished for doing the right thing. It is clear the quality of shareholders in the OTC are marginal as one past long panic sold and now downs the company on a daily basis. Delays happen regularly in pharmaceuticals and some of our delays were obvious change of direction for the better. I will end this with one thing that is sure to turn this company from a small unknown Israel company to the next well known high quality cannabis pharma and that is Dr. Oron Yacoby Zeevi. Watch and learn rookies!
Gary,
As long as the company is involved in FDA trials it most certainly qualifies to list on national exchange. The requirement states that so long as a company has a "relationship" with the FDA it will qualify and of course has to meet other minimum requirements. The company just needs to be compliant with the law and OWCP is doing just that buy running legal clinical trials. MassRoots recently had their Nasdaq application denied because, although they do not touch the plant, the company's platform deals with all things marijuana,which is still illegal federally.
There is no competition ahead of them. Where do you come up with this stuff? Name one company in the clinical trial phase 2 or higher that has a more effective product. NONE! Name one company that has as many patent families to protect research. NONE.I believe we have more protection than even GW.. at this stage. A mom and pop dispensary cream is not competition and for anyone that has sold based on your flawed logic will be very disappointed shortly. You are no different than others that have sold for a loss and personally think its hilarious the lengths one will go to make one feel better for selling. It is tough being out and hoping the big run never happens,but it will and with vengeance,leaving your's and many other uneducated investor's asses behind. To answer you question about the loss I have accumulated? First off a loss is only booked when you sell and second I am still green after a year and a half of holding so again more flawed logic.
Patience my friend. Investors invest in a company on fundamentals. Traders trade based on charts. Although I am not happy with the movement it is not a worry because I am accumulating whenever I can. Based on the progress the company has made and especially the recent hire of Dr. Zeevi we will see our market cap increase steadily throughout the year and beyond. With the near completion of safety trials we will start to plan for marketing and sales of the creme without indication label. The word "Sales" being mentioned in an 8-K will turn this ship around immediately. I have been involved with several pharmas and the similarities are undeniable. Impatient investors expect instant results and have no clue as the challenges the companies face bringing a drug to the market. The regulatory compliance alone is over the head of retail investors. Do you understand that each state and each country has their own set of rules to allow a marijuana based product to be sold? Little things like allowable heavy metals content vary widely between states and countries and need to be tested. This is no get rich scheme and if the goal is to double your rent money than it is the wrong place to be. Investing is very hard and the investors that win are the ones that can see the potential and hold firm throughout the duration of product development and even beyond if a buyout is your investment goal. Over the years I have become better at finding quality companies early on and I have to admit that none have ever had the incredible potential this one does. Amazing big board leadership and scientific team is undoubtedly the best of any MJ pharma company available, coupled with a ground floor opportunity in a sector that will become 100% legal throughout the world in the next 5 years. Israel is the place to watch and OWCP is the company to invest period!
I was thinking the same thing. This treatment,while having great potential treating the disease,will require years of study and many thousands of dollars to treat. Our product will be far less expensive and a lot less invasive. Only the extreme cases would go this route of treatment in my opinion. No worries here at all!