Thursday, November 09, 2017 5:28:21 PM
Our new Chairman of the board frankly is awesome. Look what he has done in a few months. (Share prices stabilized and actually moved up off the low more than 50%, and he shut down wasted and harmful communication to complainers) And I'm guessing here but Pharma is a small world... and I mean small... you would be surprised how many people I've run into even in other healthcare related industries that I knew from my time directly in pharma. Relationships are key and last a long time there.
Then I've heard it said from the company that they believe that the psoriasis cream alone is worth 1 Billion... that was before expanded studies. And doesn't take into account the tablet (which opioid treatment sure could use that delivery system.... and by the way the media doesn't do this topic justice on how being of a topic of discussion in attaching opioid dependence that health insurance companies are having and at the end of the day they control who gets what meds and how much will be charged for those meds) and the MM orphan drug study.
Over the last 6 months OWCP leadership has been in California, NY, Europe, and Canada several times. (Probably other places too).
They are now acting and behaving like big pharma. They have the proven leadership, science, IP protection, and industry connections.
So to answer your question... How do I know. I don't for sure (Who knows anything for sure)... But I've put over 300k USD into OWCP because I believe in it so much. (Granted I swear I have something wrong with me because every time I get the chance I buy more shares despite whatever is happening in the market that day or week) So I'm adding still and not sweating todays value because I have confidence for the reasons above.
Also as I side note OWCP leadership now reminds me a lot of NVDIA in 2015 when I bought 6000 shares at 23 dollars... (I flipped and lost some of what I could of had should I have held and sold my last state in it to buy OWCP... though looking back I wish I would have waited until now to sell and buy here) But NVDIA's CEO went around and got all the AI platform builders and all auto-manufactures to sign an agreement to buy their chips if they spent the money on developing it.... Only the people who knew what they where doing at that time would have known to have bought heavy... I was fortunately and stumbled on it in time but was to short sided. OWCP's Chairman has the key contacts... we know what's going on behind the sense with "International Expression of Interest" and Break-Through" being thrown around. I don't need an 8k to tell me these things... And this time I'm not going to part from it until I realize that OWCP has reached the moon.
(BTW have bought back into NVDIA since selling out as a disclaimer)
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