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There are two different paths. Cosmetic and Medical. I believe cosmetic is market ready as previously stated (but granted hard to distinguish between cosmetic and medical application)
Kraken... how long have you been waiting to say that?
I'm sorry to say but if there is still harvest left... then I can say with certainty that it is now no good. AZFL has a history of fraud and appears to have done so again. I promised I would check back in to see how it was doing. Sorry for all the folks who lost money here... me too... but I can't say I have pity for what is coming for those who have held. Major dilution and then huge reverse split and setting back down to pennies for your hundreds of dollars.
When everyone here decides to file a class action lawsuit put me down as a Shareholder that lost money during this fraud.
Sure.
What I like:
1. Emerging Market
2. Scientific Proof
3. What 15 preliminary patents and 1 Innovation Patent now and growing?
4. Leadership team.. Proven and Time tested.
5. Cross listing to where the money is currently (TSX)
6. Psoriasis cream worth 1 billion dollars by itself
7. About another 3 to 5 billion worth of Revenue for other products.
Why I know:
1. Proven leadership
2. Strategic Relationships
3. Patents
4. I work in this field
5. I've researched this industry and company until I felt like I was making a wish decision with my money and have put a lot of it where my mouth is.
That's a quick high level summary
Money moved to CANADA... OWCP Leadership said well... Lets move to CANADA too.. 2-3 Weeks until we arrive in CANADA. Then we will be new... have some awesome information to share with everyone.. and guess what... so very much so undervalued... People will be throwing money in just hoping not to get left out of the pop.. WE ARE GOING TO MULTI-DOLLAR Land and within the next 5 months I bet we will be moving to NASDAQ land.
You know I wonder about our New Market Maker friend who has frequented the L2 week or so.... wondering if OWCP already reversed merged into a shell and this MM was hired to stabilize the shares before the announcement? Intiva reverse merger was PR'd way to early by the other KDXX and I made some money on it because I happened to find it. If this was kept quite under the terms of purchase within legal reason then OWCP could be ready to roll into the ticker symbol any day and then with them being so undervalued in a very hot and overvalued market... well you get the idea.
I did listen to the PotStock Radio have checked out his website. Your are correct... It does leave his involvement with OWCP open. I've done some digging into this because I was curious if things changed and if so why. I've made some phone calls.. sent emails and I can say for sure he is still an adviser for the company. The reason for the change in publicity I don't know but I can assume that with his company coming on line and OWCP possibly being under a NDA (Which would include their advisers) that it was determined to remove that from his over view... in all reality he is involved in advisory capacities in a lot more companies than he mentions. Another thought is he is launching his own company and OWCPs recent performance hasn't been something to brag about... but still doesn't mean that he has changed his involvement.
But unless something has changed in the last few weeks I can say that Yes he is still serving in an advisory capacity... but even if that should ever change... look who is leading this company.
You nailed it!!!.... That is exactly what is happening. OWCP leadership does not have to look brilliant... THEY ARE... I am a firm believer that past success dictates future success. Look at the backgrounds of the Chairman, Acting CEO, Chief Medical Officer, even the CFO. Then look at who is on their advisory board. I mean seriously... even Jeff Friedland... Say what you will but his background speaks for itself... and I bought into his company just because of his background.... There is another Millionaire maker company by itself... and it won't be had for these prices ever.
I would nearly wager my good eye and right nut that by 1.8.18 we are trading over a dollar and likely several dollars.
I do think that an NDA and our previous CEO threw some glitches into this years progress but at this point it's been clean up and caught up and they are back on projected schedule.
Very True and Good Reference.
I think a lot have thought their intent was to have produce on shelf and revenue coming in. At best they had hoped in Q4 a minimal amount of revenue.
The first one was done as committed.. with the patent we see the other application study just concluded.
The second I would say is complete/underway as well based on what we know have heard from the company.
The third... though not formally said both fibromyalgia and migraines have been mentioned multiple times and I am inclined to believe that they are pursuing both until which time they have a reason not to. Regarding the advertising in the US... I think that was the CannaNet PR campaign in June/July that got put on hold (which we still have the remainder of the campaign paid for)... why? It is my belief that Big Name Pharma came in and OWCP and whomever went into an NDA. I believe there were talks in June which OWCP leadership held off on doing and then when it looked like it might break down they released the first video and the deal came back on the table and an NDA was signed at that time.
JMO but that's what I believe. One thing that was verbally stated by the company leadership back in Q1 this year was that they were interested in listing to the NASDAQ and an aggressive goal of end of Q4 was mentioned but likely Q1 2018.
I think they are on track for what they have committed though they might not have or for that matter been legally allowed to give us some of the updates we have hoped for.
Remember these guys are paid in shares... They don't want 30 cents a share... they want 30 dollars a share and with their combined knowledge and proven track record I'm inclined they will get it and much more while delivering the same for those who have walked with them through the process.
I agree wholeheartedly. TSX is where american MJ money is right now. Sorry but it's true. But I think one of the best things you can do is find MJ stocks that are not based in the US but listed only in the US who are in process to cross list onto the TSX. Reasoning... 1. Not being based int he US means there is no concern about US regualtions which TSX came out and said they had a concern about for TSX stocks cross-listing to the US. 2nd- Canadian MJ stocks are now reaching unreasonable valuations (Yes I do think they will continue to climb but there will be one hell of a pull back when US market opens up in a year or two and I'm not sure how much running room some of these have left based off their Valuation and they projected revenues... WAY overvalued.) This presents the opportunity for qualify companies like OWCP who are WAY UNDERVALUED to go into a market where the money is and reap the rewards of being extremely undervalued in a hot market where everything is way overvalued. This should easily run OWCPs market cap to 1 billion (projected revenues from psorisis cream not including other applications)
When the US changes their laws we will likely already be on the NASDAQ but the money will come flooding back from Canada and the Canadian only-listed stocks will tank. OWCP won't feel any of it and will likely reap huge rewards again for being a MMJ stock on the NASDAQ with proven patented science.
So if I was OWCP leadership... I would hold my PRs and hammers (as much as legally possible) so that they dropped once cross listed to bring attention to OWCP and how undervalued they are for what they have going on especially compared to others. (Firm believer in our leadership team at this point and I believe they now have the ability and experience to be a MMJ leader and hang with the Big Boys... doesn't mean they are going to let the Big Boys know they are now players though... surprise is the best strategy)
JMO
Chillin... In general what are some things you are hearing?
Two more weeks max till cross list.
You live and you learn... I have percentage and stages set. 10% between 5 and 10, 20% between 10 and 20, 20% between 20 and 30, at that point I'll be holding 50% afterwards but at that point the price point of my exit will depend on future outlook and right now it's to early to say. I do think we could reasonably see 60+ in 4 or 5 years. But license agreements and JV partnerships with Big Name pharma could change all that to much much sooner.
On a side note... I really need to proof read my posts before hitting submit and walking away. Problems of multi-tasking.
There are a few things. OWCP does a good job with 8k's and 10Q/K's historically. They had a change in leadership... All needed for where they are going. All leadership except for Dr Baruch have NASDAQ experience I believe and he is the Chief Science officer and former head of Israeli Cannabis Research. I'm a firm believer that past success magnifies the likelihood of future success.
Our new Chairman of the board frankly is awesome. Look what he has done in a few months. (Share prices stabilized and actually moved up off the low more than 50%, and he shut down wasted and harmful communication to complainers) And I'm guessing here but Pharma is a small world... and I mean small... you would be surprised how many people I've run into even in other healthcare related industries that I knew from my time directly in pharma. Relationships are key and last a long time there.
Then I've heard it said from the company that they believe that the psoriasis cream alone is worth 1 Billion... that was before expanded studies. And doesn't take into account the tablet (which opioid treatment sure could use that delivery system.... and by the way the media doesn't do this topic justice on how being of a topic of discussion in attaching opioid dependence that health insurance companies are having and at the end of the day they control who gets what meds and how much will be charged for those meds) and the MM orphan drug study.
Over the last 6 months OWCP leadership has been in California, NY, Europe, and Canada several times. (Probably other places too).
They are now acting and behaving like big pharma. They have the proven leadership, science, IP protection, and industry connections.
So to answer your question... How do I know. I don't for sure (Who knows anything for sure)... But I've put over 300k USD into OWCP because I believe in it so much. (Granted I swear I have something wrong with me because every time I get the chance I buy more shares despite whatever is happening in the market that day or week) So I'm adding still and not sweating todays value because I have confidence for the reasons above.
Also as I side note OWCP leadership now reminds me a lot of NVDIA in 2015 when I bought 6000 shares at 23 dollars... (I flipped and lost some of what I could of had should I have held and sold my last state in it to buy OWCP... though looking back I wish I would have waited until now to sell and buy here) But NVDIA's CEO went around and got all the AI platform builders and all auto-manufactures to sign an agreement to buy their chips if they spent the money on developing it.... Only the people who knew what they where doing at that time would have known to have bought heavy... I was fortunately and stumbled on it in time but was to short sided. OWCP's Chairman has the key contacts... we know what's going on behind the sense with "International Expression of Interest" and Break-Through" being thrown around. I don't need an 8k to tell me these things... And this time I'm not going to part from it until I realize that OWCP has reached the moon.
(BTW have bought back into NVDIA since selling out as a disclaimer)
Thanks... sometimes I get myself too excited about what is coming. Try to keep myself honest and in check. God knows I have enough invested here. I've put my money where my mouth is. But I also worked in the international biopharma field for years. I've been in direct healthcare and now am with the worlds leading health insurance company (Not hard to figure that out if you look it up). I'm fortunate to have a unique background/perspective that fits well with this niche. I'm probably one of the few that after getting over the initial "being left in the dark feeling" got really excited because it's much more like what I know to be what happens with the big boys. Gary said it well earlier.
Patience is the hardest things here right now and it may take a little more but the Big Boys don't show their hand until it's already happened. I think we will go along until we have a week not unlike last week or so many before and then out of the blue an 8k is dropped that forever changes the company.
We are no longer an OTC stock... We are a NASDAQ stock waiting to be recognized and transitioned. Leadership is working hard behind the scenes and getting so much more done now that they aren't reading and responding to every email just to restate the same thing daily a 1000 plus times.
A lot of the very large investors in OWCP who are on forums got tired of what was happening on the site said some things and got banned but their out there, even on other boards... still holding and buying. Several hold 4+ million shares and growing.
Sorry No link. Just communication from another long and friend who sometimes has correspondence with OWCP leadership. (Yes there are a few HUGE investors who weren't complete "Insert preferred derogative" all year that they have on very intermittent occasions responded to random inquires from with non-substantive information).
What... You know they are in Toronto too this week? =) I just found out on Tuesday.
Not really... your thinking of most penny stocks not how NASDAQ BIOTech stocks act. OWCP is being strategic in their information release and know what they are doing.
Hope your right Sir. Also not saying it will happen but OWCP has been known to release during and after hour PRs on Thursdays.
Very simply... If your eyes are on MJ stocks it's likely in Canada right now so people are not looking here in the US. Compound this with no formal PR or 8k to get on the web and drive attention and we have a rather small group who know what has happened. The MM's know by now and are doing what they can to find the greatest profit.
It's just time and patience until we launch like a bottle rocket. I think most can confidently say that the fuse has been lit.
I'm a firm believer that OWCP leadership is working on a synergistic PR campaign of news. Remember we still have the PR campaign from June/July which was put on hold after the first week... (Likely right at the time they went into a NDA). I think that the patent approval though AWESOME was not expected so soon and they have had to evaluate how they wish to handle it.
PR Generation (Previous PR campaign on hold, Wall Street Conference)
Canadian Cross Listing
Published Test Results (peer reviewed)
Cream patent
JV/license agreements (Multi-use Cream)
Product being sold/Revenue (Multi-use Cream)
German Exchange listing
Tablet patent
JV/license agreements (Tablet)
Product being sold/Revenue (Tablet)
NASDAQ Uplist
JMO but Big things are coming.
yes... but one thing is known now... for all the doubters and naysayers... the studies where real... they are complete... and we officially (say what you will about it) have formalized patent and it is defensible (though it might be a slight headache to do so)... and owcp moving slowly to the end goal.
I do agree.. it does seem that Canadian MJ stocks are getting a ton of action but here is the thing... They are blowing up well beyond what is reasonable. At some point the American market is going to look to good to be true with how undervalued we are. With OWCP cross listing there... we will have an opportunity to take advantage of being one of the most promising and most undervalued companies available to investors there and when the tides change and money starts coming into the US MJ market then our Canadian friends won't have to buy on another exchange to access us yet we will benefit.
With that said. This patent alone is worth 1.5 billion annual revenue easy. PPS ASTONISHES ME. This is a buy and set a sell order for 5 to 7 dollars and a notification alert and walk away. Easily there in 6 months tops with what is coming.
Agree... My calendar says by 11.27.17 and likely sooner. Based on listing requirements and timeline of Chairman letter and ammendments.
I mean seriously this news is huge. Everyone knows the mods have seen it. IH admin can add for us... they added a board warning... They could at least add the pic of the cert to the I-Box.
Closer to announcing jv partnerships/license deals with big name pharma manufacture.
Thursdays trading should be interesting to watch.
OWCP Survivor... Holding long and strong.
Know this is going to change but did you notice the ask afterhours... 0.40 with the bid near where we closed. Tomorrow and likely Friday green days as more find out about what we already know... once 8k then it will really rip northward.
Considering the patent was only approved today and notification was sent I would think by the time OWCP learned of the approval they had time to post to twitter... but not put together an 8k since it has to be reviewed by legal before being sent out. Likely will hear something tomorrow AM. It should be noted that this may not be considered a reportable event as it needs to be uncontested. We shall see.
In the mean time I do believe that TSX listing 8k is likely already written and on stand by as well as others. I think OWCP leadership are looking to have a synergistic effect from the PRs but now with the patent acceptance the series of events can't be far off.
Many Millionaires will be made here very soon. OWCP has done it once before just on hype... now we have fundamentals and material events that will justify it.
Waiting to hear about the news... We will see when it happens... Keep thinking that the canadian exchange will be first and then OWCP will wait a week and start dropping hammers. Problem is that they can't hold off to much longer because they have results, patent, and more that are ready for release.
Once revenue reaches it's potential YES!!!... Then add the 2 Billion dollar annual revenue MM product that they are testing. (Their numbers not mine) And we still haven't talked about the tablet.
This also opens us up to JV partnerships and Licensing deals which translates into a quick uptick in revenue and not so drawn out.
I'm not saying we will be 35 a share tomorrow... but I am saying that we are now verifiable extremely undervalued. It will take time to get to our potential but it's coming
Want to hear Jeff Friedland talk about OWCP.
You should got here and request it...
https://www.cannabisinsider.tv/contact
Ask Bob and Jeff to discuss our company now.
We are due by 11/26/17 for the cross list. Look at when the amendments were released that the requirements to list on the exchange. You can assign a date just off of that. I expect to hear sooner than 11.26.17 though
STICKY THIS POST
OWCP leadership in conversation to some shareholders have communicated that the psorisis product was estimated to be worth around 1 Billion... with the expanded use and now patent approval I would say it would easily add another 500 million. This is Annual REVENUE only not market cap. Biopharma's typically trade at 10 to 20x multiple of Revenue.
No most dont know how... but they sure know how to delete anything they don't agree with. Probably shitting in their pants now that something irrefutable has come up.
Exactly... that's why I bought... been a low day all day then at noon direction change 20 to 30% up from low of the day. Something is up... and we all know about the patent being accepted and the wall street conference and frankly we have some of the trial data now so soon published.
Now sitting on about 300k shares. Won't sell a share until $5 to $7 dollar range which could be a few months away but hold 90% until $10 plus and at least 50% to $20 plus.
Don't mind buying companies who are undervalued, have experienced and proven leadership, and who have secured a market niche. Always spells big money long term.
Yup... and I just picked up another 30k shares... Had a larger buy order in at .20 as a default (Cause if people were stupid enough to sale at that PPS I would buy everything I could)... So yeah... I chased a little at the end here but these are insanely low prices for the Outstanding Share count and the patent approval. Easily a multi dollar stock here now and very likely that soon it will be a billion dollar plus market cap.
Patience.
And could be 5 dollars a share in 3 months too =) Just need to announce the results, the patent approval, and license agreements with major pharma.
This is an investors conference. MJ sector is an emerging market... big money in the room. inmg is way undervalued considering it's comparables. just an option
Can you imagine if it reduced it 2 levels. All in all its a game changer and we now have a billion plus dollar patent.
http://wallstconference.com/
There are several other MJ companies there. I'm familiar with this conference and there are 100s of million of dollar in the room... at least last year there was.