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.37s are getting slapped nicely!!!
I’m sorry but you sound like you don’t know how biomedical research goes, and I know you do know it well.
This stock has done amazing in 2017, even where it is EOD today. Some lost money and some made millions and there is much more to make in the upcoming weeks, months, and years. It is all about who can wait and who can’t.
Intiva is nothing but Friedland right now and Friedland is not a scientist. Yeah, he may manage a company well but a biomedical company needs scientists like Baruch. It will probably take them 2-3 years to get to where OWCP is today and probably by that time the MMJ market will already be saturated.
After all, the choice is yours. If you sell, your shares will be happily bought by someone else :)
$OWCP
You’re really gonna go invest OWCP’s two years ago version with almost no daily volume! Come on, Intiva is nothing but an OWCP wanna be!
This is about to explode before the close. Bollingers got so tight on the 5 min chart!!!
Buckle up everyone!
What a joke!
What is absurd is that you don't want to say how else pre-revenue companies can generate cash but let me educate those who don't know. There are only two ways:
- Selling shares, or
- Debt
Debt can be obtained from banks with high interests rates, or through convertible debt. Either way, this is not very healthy for pre-revenue companies and this is why these kind of debt is often referred as TOXIC DEBT. OWCP has ZERO debt!
Early this year, they have sold limited number of shares to generate $2 million in cash, of which they still have $1.1 million in hand. And guess how they did this? They sold these shares as RESTRICTED! So the buyers can not sell for a certain time period or they can not dump it all and impact the share price.
So going to my main point. OWCP management did an AWESOME job generating this cash because they did it the best way they can! Period!
$OWCP
Dude, I know the difference between cash from operations and cash from financing. I could teach you a course on financial statements too. But answer this simple question: how can a pre-revenue company generate cash if not for financing?!? That simple!
And please don’t bring up that venture capital nonsense again, LOL!
You can’t be serious! CASH in hand is CASH in hand!!!
Everyone knows we are pre-revenue here. How else the company can generate cash if not with financing?!?
What you say is completely irrelevant to the fact that there is no need for dilution here. OWCP has enough cash for another 6-12 months minimum!!
Byeeeee :)
Which restricted shares? You have no clue. Talking about dilution on a 1.6 m volume Day is nothing but nonsense :)
Apparently you haven’t seen the balance sheet! The company has over $1 in cash and no need to dilute at all :)
$OWCP
Float is so tight!!!
$2s won’t stay here long! This should break $3 today!!!
Here comes the $2s!
About to break $2!!!
With the extremely low float and the upside potential, it is still very early here IMO!
Great volume so far! The next leg up we should land between $2 to $3!
Some cheap a$$ sold 2 shares at the bid to paint this red, has anybody seen that? LOL
Power hour begins! This wants to see $1 today!!!
I say we close at or above .47 today. It has shown great strength today!
$OWCP
110k bid @ .44, someone smart is loading!
Trading so strong!
I won’t be surprised at all if we close green today!
$OWCP
There wasn’t any news since September but this ran over 100%!
Stop blaming management every time MMs put their hands on this. Watch closely how this traded today and then tell me what today’s dip has to do with management!
When it’s running with no news it’s all good but when it dips it is the management. SMH
Have some patience and or sell like the stupid ones this morning and get out!
$OWCP
I have a few orders to add 80k as well. Let’s get the weak hands out!!!
This is how MMs trigger stop loss orders to steal your shares :)
Be smart and hold strong!
$OWCP
Doesn’t TSX stand for TORONTO Stock Exchange?!
$OWCP
All these years? OWCP did not technically exist until November 2014 :)
How fast do you think biomedical research is done?
LMAO!
There is no placeholder that gives you 8 years of protection. Get over it!
$OWCP
This is amazing news!
I knew WHO put together an MMJ committee and it looks like they are working well.
$OWCP
No one believes this BS :)
Australian patent office itself explains the huge difference between innovation patent and provisional applications.
The title of the documents you’ve been providing with nonsense claims is “opinion letter”.
You need to finally learn that provisional applications do not get “rejected” or “approved”. It is a placeholder application until the actual patent application is done.
:)
OWCP has an innovation patent from Australia and has two pending utility patent applications, one with USPTO and one with European Patent Office.
What you refer to are opinion letters on provisional applications. Which means a big NOTHING!
$OWCP
Fake wall at .49 is up again :)
$OWCP
No doubt it is undervalued. Even at $1 in my opinion. A fair value for OWCP as is should be at least $200 million IMO, which means a pps if $1.37 or above.
$OWCP
Nice slaps at the close and not a bad close at all!!!
$OWCP
Only you can believe the lie that invention patent is provisional. OWCP’s invention patent protects the IP for 8 years. Deal with it! LOL
$OWCP
Look up, Australian patent is posted LOL
$OWCP
PUMA and CSTI are working pretty hard today, LOL
$OWCP
I laugh so hard when I hear things like this. When the price is going up from 20s to 50s no one is asking for management to entertain investors but after a day of MMs shaking lose hands, we cry for news.
Come on guys! Have some patience. Management put out a presentation less than a month ago which clearly explains the R&D and product commercialization strategy and timeline. Their job is not to put out fluff news so we stay excited here 24/7. In fact we have seen what fluff news have done in the past. I like the fact that OWCP management gives updates only when there is a significant progress.
We just need to be patient and not get stuck with the daily pps fluctuations because in the long run there is only one direction this amazing ticker will go, and it is UP!
$OWCP
I was just studying the daily chart and I noticed that the last time OWCP closed below .25 was 51 days ago. The price started it's run from there to where we are right now.
Ok but what does this mean?
This means that the 50 DMA should start to rapidly go up in the following days starting from tomorrow. One can see that the 50 DMA and 200 DMA are already merging but this will highly accelerate after tomorrow resulting in a GOLDEN CROSS quite possibly later this month or early January.
Any news in this time frame would fuel this fire and bring the GOLDEN CROSS much earlier than expected. All I can say is that we will see some very exciting times in the upcoming weeks...
GLTA!
$OWCP