OWC Pharmaceutical Research Corp (OWCP): If they had more cash, they would have s...

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mariosmack

Re: Mistafixit post# 110737

Tuesday, 08/22/2017 7:47:56 AM

Tuesday, August 22, 2017 7:47:56 AM

If they had more cash, they would have spent more money on R&D. I'm happy they increased spending there, but it is still a very puny amount. I understand that they cannot afford to spend more, but that only means that they could use more money. To say that more cash will not help the company is just not accurate.

Secondly, where does this cash come from? Please explain the meaning of the following statement: " This increase of 433% is primarily the result of increase in stock-based compensation and amortization of services receivable". What is stock-based compensation? Is it dilution?

OWCP definitely has the ability to grow, but for the next 6 months, at least, all growth will be at the expense of the shareholders. All I'm suggesting is not to buy right now. Let the price drop a bit more, then buy in a few months. If you own shares, sell and reload lower.

99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.