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Fully approved patent provides two things- IP protection and confidence in the product for partner.
Patent pending status has provided them IP protection already. I believe it's now a matter of giving confidence to partner with data.
I believe first partnership that will be announced will be with a scientific community of Germany followed by a commercial partnership.
Thanks. Working backwards, the timeline for partnership/JV announcement is now. In other words any day. And that one contract should have material impact on pps. Again, am I missing something.
Thanks and GLTA
Sorry for asking the obvious, 3-6 months is lead time to shelf, or I am missing something?
Did you mean state street? Pun intended. Lol
Looks like my mail to OWCP IR worked. Lol.
Let the OWCP IR know. I did.
In other words you're expecting it shortly as well. Great minds think alike.??GLTA
Haha! Don't know the origin. But I love the phrase as it's pure and soothing.
Well put! I am expecting that much needed contract any day.
From your mouth to God's ears!
Amen.
Don't get me wrong. I have, including many here shown immense patience. I still believe in the company. But I believe our pps has been victim of OTCM manipulators and I am afraid we are feeding them more.
The least they can do is route every question through IR and not allow Mediq to answer random calls.
I don't think I am asking for too much from the management.
This is what our CEO says
"Commenting on the filing of the patent application, Mr. Mordechai Bignitz, Chairman and CEO of OWC Pharmaceutical Research, stated, "Our primary short-term objective is to introduce our topical cream for skin conditions including, most importantly, psoriasis to the market. Our necessity to fully protect our intellectual property limited our ability to provide potential customers and partners with the required data for their due diligence and review. Our proprietary data includes specifics regarding the formulation of the topical cream, consisting of cannabinoids and other compounds that facilitate the efficient delivery of the cream to infected areas. The filing of this European patent application also enables us to fully discuss with potential customers and partners the requirements for manufacturing the cream in accordance with national and local regulations. It also enables us to provide potential customers and partners with the manufacturing requirements, based on the highest-level of international standards and protocols, and includes specifics regarding the manufacturing process including required equipment and systems."
If short term is 6-9 months; boy the manipulation on OTCM will tank this to sub penny. I would rather believe above statement than Mediq's.
I hope you're right. But you see lack of communication and clarity behind the term "market ready" will give opportunity to many manipulators.
That's why I am demanding more transparency from the company. I believe all longs here deserve that.
I don't have a problem with waiting another 6-9 months. But why on Earth they kept saying Q2-Q3.... even in the latest PR Mr Bignitz himself said "short term".
I have been here since October and I am extremely disappointed with this contradictory statements. No wonder a ton of Iblow community gets their chance to manipulate.
I am going to demand answer from Bignitz.
If that's true, I am very disappointed with the management. And I hate to say that I will pull the plug on this. I am contacting management, what was that q2-q3 time from them.
Happens to all of us. Take care pal. We know your contributions here have been very good and helpful.
We both know that we both are long here. GLTU
Long back carjokey guy gave me advice to put money in OWCP and walk away from this board. He was so right. I try to not watch it daily but you know how it feels.....
So let me get that straight. You are a playing "long term casino"?
Hahaha.. wake up and realize that there's nothing called " money that you can lose".
Bloodbath. Limping but still in the race to touch finish line.
IMO we are not far from that.
Just a speculation. But hey you never know
http://420intel.com/articles/2017/06/27/monsanto-and-bayer-are-maneuvering-take-over-cannabis-industry
If I remember correctly, Bayer - Germany based global giant was looking at MMJ seriously according to their last annual shareholders report. I am trying to dig into their 2016 report. Just speculating on my part. But I am sure all the details (IP) of the cream is on every potential partner's table.
Oh man life's gonna be good again for OWCPians.
I prefer to keep it to true OWCPians, and I have some names here if they are coming I am not. Enjoy!
Hanging on my fellow OWCPian. Hanging on!
Some sort of partnership or leasing deal should be on the cards. If not now then when?
Hang on fellow OWCPians. Time is the best judge of all.
Weekend read:
Canadian exchange TSX is putting efforts to get Israeli companies. That makes me believe, time is right for OWCP to list on Canadian exchange. Surprisingly the timing of this news is around the same time OWCP filed a related 8K.
http://m.jpost.com/Business-and-Innovation/Toronto-Stock-Exchange-looks-to-increase-Israeli-company-listings-496644
Bought some call options. Let's see!
I am out and looking to pickup call of CAR$. GLTY
For such low volume derivatives I like to be ITM
Why not. Picked 95@4.20 hope it goes 108.
Me too. I picked some call options yesterday. Glad I took the risk while it was below 98.
One last message before I disappear from this board. Here is the quote from our CEO. Please read the last sentence very carefully and take your own decision:
Commenting on the filing of the patent application, Mr. Mordechai Bignitz, Chairman and CEO of OWC Pharmaceutical Research, stated, "After we announced the highlights of our pre-clinical efficacy study for our active, cannabinoid-based topical cream, starting with psoriasis, we received numerous inquiries from firms and organizations worldwide interested in purchasing the cream or initiating commercial or scientific collaboration with OWCP. The need to fully protect our intellectual property limited our ability to provide these potential customers and partners with our proprietary data. This proprietary data now includes specifics regarding the formulation of the cream, which consists of cannabinoids and other compounds that facilitate the efficient delivery of the product to infected areas. The filing of this patent application also enables us to discuss with potential customers and partners, the requirements for manufacturing the cream in accordance with the highest global standards that comply with international protocols, and includes specifics regarding required equipment and systems. We look forward to announcing a more specific plan of product launch details in due course."
That's exactly what I am hoping too.
Financial Independence Day coming for longs! Hope it comes with or before 4th of July.
Only one thing I can say:
Hahahahahahahaha
If you are long you laughing with me.
OWCP is a cult stock IMO. TIFWIW.
Go OWCP!!!
Man I also believe news on patent is coming. That has to come before product.
Which filings in particular!
I believe clearly company is talking about patent awarded. It logically makes sense. It has to come before the product.