OWC Pharmaceutical Research Corp (OWCP)

[bybtrader]

Anyone who has doubts should just think about this for a second: OWCP is developing a psoriasis cream and only the management knows how the efficacy and safety trials are going. Tests are expected to end early March and you have no revenues as of now. That means every dollar you have is crucial for operations.

In the meanwhile, there is an upcoming Wall Street Conference on March 1st. OWCP first decides to pay $50k to become a platinum sponsor, and then, all of a sudden, they up the sponsorship to Diamond with an additional $50k.

What I'm trying to say that if OWCP was not absolutely sure of the success of the psoriasis cream, they would first not waste their $50k for a conference sponsorship. Now they are even throwing more money into this event to secure the keynote speech and more. This clearly shows how confident they are with the product pipeline!