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Wednesday, March 22, 2017 9:15:27 AM
OWCP 10k filing:
"We are a development stage company with only a limited operating history and may never be able to carry out our business plan or achieve any revenues or profitability; as a development stage company, potential investors have a high probability of losing their entire investment."
They then converted all debt in stock shares and continued issuing shares to receive financing.:
"We expect that during the next twelve months, we will have to continue to rely on loans from and/or purchases of our capital stock by our affiliates to fund our operating expenses; we may require additional funds through the sale of our common stock from third parties; this will be dependent upon favorable market conditions and interest in our business activities by investors."
Feb. 10k http://app.quotemedia.com/data/downloadFiling?webmasterId=102426&ref=11421924&type=HTML&symbol=OWCP&companyName=OWC+Pharmaceutical+Research+Corp&formType=8-K&formDescription=Report+of+unscheduled+material+events+or+corporate+changes.&dateFiled=2017-02-24
Now these early investors are cashing out as it becomes clear that there is no miracle pill for cancer or psoriasis.
Expect the daily sell-offs to continue. Yesterday would have been another bloodbath had it not been for the early exuberence from the fluff 8k released 2 days ago.
Everyone do your own dd. Its all in the 8k and 10k filings. Only risk what you can afford. This is all smoke and mirrors.
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