OWC Pharmaceutical Research Corp (OWCP)

[bybtrader]

I am NOT speculating.The truth is in the contract! Have you read it at all before speculating yourself? Here is the contract included in the *k

https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11614519

The contract has two terms that gives OWCP the right to terminate by paying off the loan.

Term of the Agreement: The term of this Agreement shall be until the Loan Amount is repaid pursuant to the terms set forth herein (the “ Term ”). The
loan shall be repaid within 36 months from the Effective Date.

This basically says that the agreement is over once the loan is paid back. Period!

Notwithstanding the above, OWC may, in its sole discretion, prepay any outstanding   portions of the Loan Amount owed to Medmar, in whole or in
part, at any time.

And this term gives the right to OWCP to repay the loan at any time without waiting for royalties to be in place. Period #2

I just asked these two terms to my companies legal rep and he confirmed thay OWCP's termination is completely in compliance with the contract.