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Looks like OWCP hurt the feelings of some posters by closing GREEN today :)
Stretching the facts? It is more like flat out lying :)
Dude do you really think people on this board are stupid and can’t understand a document they read? We all read the SEC report and it states multiple times that “FRIEDLAND PROVIDED THE LETTER TO ILLEGALLY REMOVE THE RESTRICTIONS” not OWCP
Stop making $hit up!
According to Yahoo finance, almost 28% of shares are held by institutional investors!
Looks like we about to run again! This time to .50s!!!
Amazing volume here. It should see a new HOD later!
Let the chase bak to .30s and .40s begin!
Absolutely. 8k was what they needed to do formally but the PR is what gives the investors their confidence in this ticker back. This is clearly reflected in the share price compared to earlier this morning!
This is what investors wanted to hear. 8k was too formal. With this PR, Hirsch shows management’s commitment to protect shareholders and create tremendous value for them with what is coming!!!
$OWCP
This will turn green!!!
Completely disagree! OWCP is a solid company with a bright future. An advisor’s illegal sale of his restricted shares does not change that fact.
The company has been learning from their mistakes and filling the management seats with NASDAQ experienced CFO, chairman, etc.
Once again, it is unfortunate what Friedland did. He is probably 60+ years old and when his 7 million shares reached a value over $21 million he chose a way to illegally cash out.
This has nothing to do with OWCP and its strong pipeline of product development.
As clear as it gets! Facts and the timeline is clearly presented in the document. OWCP has nothing to do with Friedland’s illegal sell of shares.
Just read the facts carefully and look at the dates. OWC’s letters are in 2014 and 2016, while Friedland’s illegal letters are in 2017.
How can they be the same letters? SEC very clearly reported the timeline but you seem to ignore the facts and twist the truth to base your false claims!
Thank you! All on Friedland :)
The complaint was about Friedland, his wife, and his shell companies do the illegal sale of shares. If you read the whole document carefully, OWCP is clearly the victim here.
You can argue that OWC should not have trusted him as an advisor and I would agree with that. But this investigation will only benefit OWCP as it may lead to involving market makers for their shady trades with this stock and other who are compensated to publicly make false claims about this company to negatively influence the price.
Any ideas who they may be?
The only person Friedland can rat out is his wife :) LOL
I suggest everyone to read the entire document before believing anyone on this board. I read all 36 pages THREE times. It is pretty clear who is guilty here and why!
The document clearly states where Friedland’s money went :) if only you read the whole thing, you will see :)
Reading the 36 page line by line, there is no indication of OWCP doing anything wrong! In fact, it is written carefully to clear OWCP. Otherwise OWCP would also be in the defendant list.
I believe OWCP provided SEC most of the information that is outlined in the document.
Read 45 and 46! It clearly states the illegal piece and it says “Friedland provided the letter...” NOT OWCP!
They sure are a victim and they have all the rights to sue Friedland as they did with Ziv!
He is missing a huge point:
OWCP’s letters to transfer agent was to issue shares. Nothing illegal here.
But the letters provided by Friedland was to illegally remove the restriction.
Huge difference!
Benefited by giving Friedland 5.1 million shares?!? Don’t be funny, OWCP has no benefit here, they are in fact the victim of illegal sale of their restricted shares!
Friedland is not an officer of the company and did not need to file that form. But regardless his sale of restricted shares is illegal
Did you even read the 36 page document? The letter was provided by Friedland not OW!
The sec complaint is inconsistent because item 46 clearly states that Friedland provided the letter, not OWCP!
Pure speculation! OWCP management did not sell a single share to date!
One strong PR can easily swing this back up to 40s. After all, OWCP has no involvement with Friedland’s illegal sale of his sales.
When he drove the price down illegally selling his shares, this scared many investors. Those who bought on the way up also sold with triggered stop losses IMO.
Sorry but Intiva is Intiva and Friedland can’t escape this. Wait until OWCP sues him as well!
So did I. It seems like they are taking the necessary actions starting with removing Friedland from the website. A solid PR focused on protecting shareholders and suing Friedland is next!
They just removed Friedland from the website!!!
I bet an 8k and PR is coming on how OWCP will also sue Friedland’s a$$ for illegally selling his restricted shares!
Are you aware of the time difference between US and Israel? LOL
Stop him doing what?!?
Paying an advisor with shares is nothing illegal.
What is illegal is how Friedland sold his shares. Did you even read the whole 36 page SEC report?
Totally agree! The first thing OWCP should do is to sue Friedland, just like they sued Ziv!
Absolutely, OWCP only suffered from Friedland illegal selling activity.
Once again, nothing to do with the OWCP. It is all on Friedland and he should get penalized for what he did.
Friedland was never part of the “management”. Period!
He was an advisor who took advantage of the insider knowledge to buy and sell shares.
This has nothing to do with OWCP or its management.
Not at all. In fact, OWCP should sue him as well IMO!
When did I say that? Proof?