OWC Pharmaceutical Research Corp (OWCP)

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2. Stockholders' Equity

Common Stock issued in 2016

Shares Issued upon Conversion of Debt:

In September 2016, the Company agreed to the conversion of $116,000 in principal and $3,140 in interest due on two convertible notes of which resulted into the issuance of 39,955,710 and 13,888,889 shares which are subject to stock payable with a value of $12,500 resulting in a loss of $4,521.


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