OWC Pharmaceutical Research Corp (OWCP)

[mariosmack]

Its also the nature of the press releases. First they say that the product will be out in March. Then September, now 2018. Then I look at the financials and they admit that they are in big trouble. I'm talking about the official SEC filings, the ones they can't lie on.

OWCP admits that there is a very good chance of failing and collapsing.

Read Note 1 of Page 7, part B:

“The development and commercialization of the Company's product is expected to require substantial expenditures. The company has not yet generated material revenues from operations, and therefore is dependent upon external sources for financing its operations. As of March 31, 2017, the Company has an accumulated deficit of $11,393,830, and its stockholders' equity is $1,627,028. In addition, in each year since its inception the Company reported losses and negative cash flows from operating activities. Management considered the significance of such conditions in relation to the Company's ability to meet its current and future obligations and determined that such conditions raise substantial doubt about the Company's ability to continue as a going concern.”