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More reasons to stay long!
Psoriasis – $5 billion in USA alone! Estimated to over $13.3 billion by 2024
(Source for USA: https://decisionresourcesgroup.com/drg-blog/biologics-continue-flare-psoriasis-market-indicating-opportunities-larger-dermatology-space/)
(Source for Global: https://healthcare.globaldata.com/media-center/press-releases/pharmaceuticals/psoriasis-market-will-more-than-double-to-133-billion-by-2024-as-drugs-greatly-improve)
OWCP completed development of a Topical Cream infused with Cannabis oil extracts to be studied for Psoriasis skin disease. OWCP has started the final phase of Safety testing protocol was designed to corroborate that the cream is safe for application to the skin. OWCP is also preparing to initiate in parallel Efficacy Testing using MatTek Corporation patented EpiDerm™ system, an in-vitro testing technology for dermal toxicologists. This protocol will seek to prove the effectiveness of the formulation in treating psoriasis on human skin tissue.
OWCP NEWS ON OCTOBER 11TH, 2016! Product to ship Q2 of 2017! (Source: http://www.otcmarkets.com/stock/OWCP/news/)
AbbVie’s “Humira” exceeds $10B already, but it treats more than just Psoriasis.
AstraZeneca auctioned off their ‘troubled psoriasis drug’ for $445M in 2015.
A measly 1% of this annual market share could be $80M – $100M+.
Multiple Myeloma – $7.3 billion in 2014, projected to reach $9 billion by 2021 (Source: http://www.fiercepharma.com/marketing/global-multiple-myeloma-treatment-market-value-to-approach-9-billion-by-2021-says-gbi-0)
In preliminary studies, OWCP’s in-vitro testing indicated that specific formulations of CBD and THC decreased survival of multiple myeloma cells in a concentration-dependent manner, and resulted in 100% malignant cell death in 60% of cases. This formulation will now be tested in a pre-clinical, IRB approved protocol on mice in an effort to duplicate those results.
Jeffrey Friedland touches on the preliminary success of this product in his interview with Cannabis Financial Network.
A measly 1% of this annual market share could be $80M – $90M
Post-Traumatic Stress Disorder (PTSD) – Annual cost to society of anxiety disorders is estimated to be significantly over $42.3 billion (Source: http://www.ptsdunited.org/ptsd-statistics-2/)
An estimated 8% of Americans – 24.4 million people – have PTSD at any given time. That is equal to the total population of Texas. At present, OWCP is negotiating with two other Israeli leading medical centers for the collaboration in the research of migraine and PTSD (post-traumatic stress disorder). The Company expects these agreements to be finalized during the fourth quarter of 2015.
A tiny, measly 1% of this annual market share could easily exceed $400M!
Fibromyalgia – $1.8 billion in 2013, projected to reach $1.9 billion by 2023 (Source: https://healthcare.globaldata.com/media-center/press-releases/pharmaceuticals/fibromyalgia-treatment-market-value-will-crawl-to-19-billion-by-2023-says-globaldata)
So, as I’ve pointed out – a handful of Cannabis/Marijuana companies with billions of Outstanding Shares, generating little or no revenue, posting annual losses, and who are still being financed with (Toxic) Convertible Notes achieving a Market Value of $115M all the way to $424M (for a company with $2.1M revenue, but still with billions of shares)… Why on God’s green Earth would OWCP not climb to dollars per share? (Note: $2/share is a $280M Market Value)
Germany has a population of about 2.5 percent who has psoriasis, this should be good for us!!
http://www.dw.com/en/german-parliament-legalizes-cannabis-for-medical-consumption/a-37189942
Higher highs and higher lows, today was a very healthy day we all held up well longs !!! The next higher high is over a dollar!!!! I will see you there
Too many longs here, it's just a healthy correction, it happened last Thursday and Friday we shot up again! Efficacy testing complete in two weeks, another catylyst to shoot us higher!
That's interesting about how much another cream auctioned of for, just that product alone would put us over 3 dollars a share if we sold the rights, and I'm hearing this cream efficacy test will have amazing results!
OWCP’s Psoriasis Cream is expected to ship by Quarter 2 of 2017. AstraZeneca auctioned off their “troubled” Psoriasis product for $445M in 2015. So, OWCP’s presumably superior product should be worth at least $450M, right?
I'm confident we picked a winner here and now we're smart enough to keep doing the proper Dd, and too this point, this company is real and going places! Stay long buddy!!
My net flix story, which is why I remain long here after getting in at .10
Price targets too sell is important, but knowing what you own is even more important. If you know what you own, which I do, my thought process works likes this. We have prsiosis cream going to generate revenue late 2nd quarter, we have myeloma cancer testing in mice happening, soon too move to human testing which looks promising. We have multiple, strong patents, a sublingual tablet, and many more catalysts. I encourage all too look at other marijuana companies like gwph and Axim for example, and compare our products and team too there's.
You will find we should be a 5 dollar stock without news, and it should happen sooner then later. Is that your sell point? And why? Are you willing to miss out on teva coming in and making a billion or two billion dollar offer, were on the same street as them and they've made an offer before!
There's absolutely nothing wrong at cashing in and getting your original investment back, or a little more so you feel like your being rewarded for your good Dd.
But don't loose sight of what you own, I did not know what I owned once, it was called Netflix! I bought when it was young and sold when I doubled my money. That made me feel good, but long term was a terrible mistake because I didn't do my Dd on the company.
My price target to sell is this, when I see there are absolutely no more catalysts to move this company higher, I'm a seller, until then, I will continue to buy and recommend this company too my friends and family!
Keep the emotions out of it like I did in Netflix and know what you own when the price swings start!
Congrats too all who are staying strong and long!!!
You had to bring up net flix! I screwed that one up big time! I was young and dumb at the time! Crazy horse can find my post he can repost what I put on here awhile ago!
A revenue 8-k will be coming out once psriosis cream testing is done, the efficacy test will play a big factor in that! And the efficacy test is complete in two weeks! Lots of catylyst here coming up!
Here's a nice break down for you to see how there going to get things going. Sounds like your looking for cheap shares here, you still have a chance!!! Good luck!
http://ownthefloat.com/index.php/2017/01/17/owcp-annual-letter-to-shareholders-on-1-17-17/
Revenue starts in quarter 2 and many more catalyst to keep the upward momentum going! Lots of new comers joined and are longs, the float is tight!
That same question has come up the last three trading sessions, and we've went up everyday! So to answer your question, it's never too late!
No, we are an OTC! And ready too fly! I keep bringing this up, but the efficacy test will be complete the end of January. The efficacy test on gwph product was what help make there stock sky rocket. We could easily see that happen here with our research team.
That was me buddy:)! I still will say dollar this week, a lot of good things happened here today!
Today's 8-k stated revenue starts in quarter two! Good investors are always in any stock 6 months before revenue, or a big jump in revenue gets announced! You all are getting in on time before the big swing up starts! The efficacy tests on our cream is only weeks away from being completed!!!! One more catalyst coming quick! Great day today!!!!!
This looks like an ndev style move, we will be over a dollar tomorrow!
Getting coverage on scottrade this morning regarding this mornings 8-k, they also put this article up! We are finally starting to get some good attention!
http://www.cbs58.com/story/34275840/financialbuzzcom-recent-developments-in-the-world-of-small-cap-companies
I said you were being conservative on your estimates yesterday, these look more realistic:)!
A close between 3 to 5 cents is in the making here! We will consolidate and then the push to 10 cents begins!
2.00 a share is a 278 million market cap, do your Dd newcomers, that's still severely undervalued with all our catalysts and comparisons to other medical marijuana companies!
I would say anytime from the opening bell tomorrow to the end of 2017 you could put money in here and come out ahead:) This company has potential!!!
With that being said you answered your own question, if your not comfortable getting in on an upswing wait for a down day or two in a row. It will happen eventually, or put some in to get in and buy on dips during the day!
I agree, this is a definite hold for me!
I hear ya buddy, some people just trust an outfit like scottrade because there huge! It all comes down to knowing what you own!
Yep, that is wrong for owcp and for here, I will email them on both companies, typical scottrade response of action is just a few days so by the end of the week hopefully they can both be posted correctly! I emailed them a month ago about changing the description for owcp as they didn't even have them listed as doing medical marijuana! Scottrade is big, but obviously not always perfect.
I would email scottrade, they have some bad information sometimes! I'm in owcp and they have there float listed wrong too!
I never thought I would say this about your estimates your putting on here Camelot, but I think your being pretty conservative!
Owcp efficacy test of the psriosis cream will be complete the end of January, you will have your answer very shortly my friend!
We are one of kind and on the rise!
Here's a response from management regarding future revenues regarding owcp and there prsriosis cream. This company is real and ready too fly! Stay long!
Dear Wayne
Thank you for your continuance support.
We really appreciate it .
We did not publicly disclosed sales projections , therefore sharing them with you personally will be a violation of securities laws .
When time is right we will file our projections with the SEC via 8k
It's great to see you chose owcp as your first ever investment! Most posts on here are factual, because everyone has done there Dd. Your occasional post bashing shows up, don't be rattled and know what you own!
Welcome aboard!
Price targets too sell is important, but knowing what you own is even more important. If you know what you own, which I do, my thought process works likes this. We have prsiosis cream going to generate revenue late 2nd quarter, we have myeloma cancer testing in mice happening, soon too move to human testing which looks promising. We have multiple, strong patents, a sublingual tablet, and many more catalysts. I encourage all too look at other marijuana companies like gwph and Axim for example, and compare our products and team too there's.
You will find we should be a 5 dollar stock without news, and it should happen sooner then later. Is that your sell point? And why? Are you willing to miss out on teva coming in and making a billion or two billion dollar offer, were on the same street as them and they've made an offer before!
There's absolutely nothing wrong at cashing in and getting your original investment back, or a little more so you feel like your being rewarded for your good Dd.
But don't loose sight of what you own, I did not know what I owned once, it was called Netflix! I bought when it was young and sold when I doubled my money. That made me feel good, but long term was a terrible mistake because I didn't do my Dd on the company.
My price target to sell is this, when I see there are absolutely no more catalysts to move this company higher, I'm a seller, until then, I will continue to buy and recommend this company too my friends and family!
Keep the emotions out of it like I did in Netflix and know what you own when the price swings start!
Congrats too all who are staying strong and long!!!
Your absolutely right, a buy out could happen, owcp is located just down the block from Teva who made them an offer in 2015! Owcp turned it down as they relised there true potential!
New comers and all I received another awesome email back from owcp regarding Thursday's 8-k! I did not fully understand what the latest 8-k meant so I asked, owcp response was a short and simple one. "Everything is going as planned!" For new comers take a look at this Article, it gives time frames on what owcp plan is on there testing of psoriasis cream. It says in this article the efficacy test will be complete the end of January, efficacy tests is what can really add to pps overnight, like gwph stock did for example!
http://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-to-submit-psoriasis-topical-cream-irb-safety-protocol-to-the-israeli-national-irb-helsinki-committee-601267666.html
2.00 a share gives us a market cap of about 280 million...... lets be serious, we all know in comparison to other companies we are worth much more! 5 and 10 dollar pps predictions are very doable in the near term! Stay long!!!
A war on medical marijuana in America won't have but a little affect on us either, and would maybe even benefit owcp as we are based in Israel and our research can still continue while American firms would be shut down. The American market would be hard to sell in yes, but the rest of the world is moving fast with legalization. Either way, we and owcp wins!
I would like too steal your thunder for a minute ... and say too all you longs who are smart and did your Dd on this company, thank you for all your factual post that you put up on here for others to read and make there decision on the company before investing. I would also like to take this time too say it takes brass balls to invest in a young company, but the owcp team has made it easier with all there catalyst coming into play. And congratulations too those who bought in at subpenny levels and are still holding, that speaks volume of what you know about this company! I bought in at 9 cents and hold a good position! I hope for you someday richjewboy that you will be able to feel what having brass balls are like, and being smart enough to do research and realise potential in a company. Until then, may your girlfriend or wife continue too carry your balls in her purse!
Congrats on all your research longs, you've done an amazing job!!!!
Have a great weekend and see you next week:)
Next news will be the efficacy test on the cream, which gets done the end of January. Stay strong and long for when that news breaks!!!!
Owcp loves fridays, get in now, tomorrow we run again!!!
This reminds me of what Ndev did, that has been trading over a dollar! This is a healthy move, we will be heading back up soon:)!