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Why do you think they would not tell us that the application is being sent to FDA? They didn't keep it under wraps when they hired Holland and Knight to file the paperwork on orphan drug status for cytotronics in 2016..?
Ok. If the information you say is accurate, I dont know much about how a purchase plan like this works, then i can see why this looks great. Thank you for explaining. It's always appreciated to be responded to with information rather than a reply that scoffs at or ridicules a another's thoughts
5. That is why to me it makes sense to release separately. It's ok, we don't need to go around in circles, the company is doing what they are doing with knowledge of what they have and for reasons they want. I understand the positive justification by the boardmembers here is to keep the faith. I just would really really like at least a glimpse off the presents under the tree..
What is also a possible scenario, which i am not hoping for, as i am a shareholder too, is that they are holding off and starting new clinical trials so that they have something good to offer us if they have to release negative news. If they have the results and havent released it for reasons you describe of wanting to release alot of good news at once, i for one can't say i appreciate that from them.
I would think human nature is to share good news when you have it. Why would they want to hold back and release all at once?? Wouldn't YOU rather have good news today, then again in a week, then again...rather than they all share the highlight and the rise in sp in one event.
His purchasing doesnt mean bad or good, At THIS point. Cause he really cant do much if the trial did not go well and he cant do much if it did. His purchases were set up before..obviously he beleived in the technology at the onset, every company owner believes in what they have to offer, unless it doesnt work as planned. What do YOU think his buying indicates at THIS point?
What I'm saying is, everyone speaks about mann buying all these shares, which to me (a novice) means he believed, at the onset, in the "product". positive results are not what is causing him to buy now, his purchases were already set up before the trial. And I'm assuming he wouldn't be able to sell now either, because that would mean he knows results are not good.. so at this point, at least to me, his purchasing doesnt mean good or bad... am i not thinking clearly?
So of that were the case, that there is a purchase plan in place, AND he couldn't sell for a defined period of time. Then why do we place so much value on mann's purchasing?
So if mann l knows the results but they dont release it, inorder for him to continue his buys, that is legal?
Here is my email and their response
______________________
?
Shalom Shmuel,
We spoke on the phone and i asked you some questions that you requested i put into email.
1) when will the psoriasis study be
completed ?
2) when will the results be published?
3) will there be dilution to raise
money for production?
G
Sent via the Samsung Galaxy S7, an AT&T 4G LTE smartphone
:
Hi G
First , thank you for contacting us .
I will try and stay as short and to the point as possible. All your 3 questions below will either get us providing inside information which we can't share or throw speculations .
For instance: we are currently conducting a safety study . You are asking us to assume a definite deadline, so allow me to describe you with what actual safety study ( or FDA phase 1 ) is:
1. Picking up heathy volunteers , that has to respond to an ADD , and prove they are not associated with the company or its competitors
2. Getting them through long physical and mental checkup to secure their healthiness
3. Have them attend the hospital twice a week for 3 months to go through the double blinded random study .
What's happening if one or some of them get sick / pregnant / tired / has to fly urgently out of the country/ ? How can you predict absolute ending time ? Too many external factors can influence timing !
General:
OWC pharmaceutical research is a biotech company and not a toy manufacturer in an automated China production line .
I am sure you realize that R&D and exploring new inventions is unknown road . It's a road we have to build .
Luckily for you as a shareholder and us as a company our pre-clinical phase for the cream's efficacy study led to findings that ( being very careful) are unique , with no previous records of any scientific findings , even remotely close to what we found ! Up to 70% reduction of biological markers directly related to psoriasis.
FYI , pre-clinical = on human tissues but not on human beings .
We are also aware of many "web-speculations" on timing and scientific course , and other imaginary analyses made by "self crowned experts ". None of them is supported by any of the official company's filings or communications. I urge you to rely only on what company is publishing !
Last
Our main focus right now Is :
* complete including our pre-clinical findings into our IP so it will be stronger and un breakable. ( we announced)
* follow up to the vested interest we generated with international organizations ( commercial and scientific) after we announced the pre clinical findings . Allow us to carefully state that this is the real and only prove to the value of our findings .
* continue the preparations to get our product to the market
So forgive us , in advance , if we don't answer fast enough ....we need to work in order to get where you expect us to get....
Have a blessed weekend
Shabat Shalom
Amir Uziel
OWC pharmaceutical research corp .
Business development
Wellll maybe they should add #4) communicating with shareholders and keeping them apprised of the situation, often.
It is out $HMMJ is the Canadian symbol. U.S. has a different one that fidelity gave me but i dont remember.
When i had spoken to ziv turner awhile back (i posted it) he had said the study has until end of may to be completed and end of june for publishing and beginning of 3rd quarter is intention to sell cream. However, he no longer works there so...
Who knows..but i got off the phone with the CFO, shmuel Desaban and while he was not able to answer most of my questions, when i mentioned my concern about all the changes, including medmar, he replied that they have money now and dont need medmar..he also said something abiut going with one company they felt was the best thing. He told me to email him my questions that he was unable to answer and he will direct it to the appropriate party.
When is their channel going up?
Until when?
Looks that way
What is the next news we are expecting?
So why are you waiting to buy into garbage?
Based on my former post and conversation with ziv turner it seems they have until the end of may to complete the study and end of june to publish results
I dont think fidelity allows a sell limit more than 10x the current sp for penny stocks
I agree. Ziv turner had told me that they would have to manufacture state by state and that they are focusing on the EU which is a bigger market
Who is selling??
Sorry, "rio grande neurosciences"
Hanover asset management?
Thanks. What was his company called? And are you concerned that with the genius behind the technology out of the picture that this will affect the potential for this?
I'm confused, why do the articles about the murder only refer to him as an attorney and not a chemical engineer etc..? how did endv acquire his technology and patents?
Why does a biopharmaceutical want to acquire an oil company?
Looks like oncolix will be participating in the us/china innovation and investment summit
https://www.b2match.eu/ucis2017/participants/24
Why did a reversal in share price happen today?
"IF there is a product, IT won't be for another 4 years.." what do you mean "if" and what wont be for another 4 years? Revenue?
Wow, this stock just keeps going lower
If the sole objective is to line their pockets Why wouldnt they own more shares? And how is "Buying time" helping them when that is causing the pps to go down?
Thank you all who have responded kindly and enabled me to learn something new.
You realize if the purchases were based on knowing something it would be insider trading..? So, i am not sure that these purchases indicate anything significant?
What do you mean when you say "as far as i know the deadline has been moved from the end of may to the end of april"?
Ziv Turner is not CEO, he is VP of sales and business development..
Correction: as another post pointed out, the 8k states up to 70% improvement, not effective. So maybe i dont need to be as concerned...
Yes, not concrete data, but an actual idea. I posted all this after i spoke to ziv turner, from owcp He said they have until the end of May to complete the study in the hospital, the results by the end of june, and production beg of q3 (july). They plan to start with isreal and then the EU. He said Germany is about to legalize marijuana but will not allow it to grown in their country (and i beleive they are hoping to be in on that). My concern is the verbiage stated in the 8k of UP to 70% effective. Had it said AT LEAST 70% effective i wouldn't have alarm bells going off. I emailed, but have not received a response. I will call after the holidays if i dont hear back.