OWC Pharmaceutical Research Corp (OWCP)

[FELLER]

People keep saying "Share Selling Scam" -- but doesn't that only work when the company is ACTUALLY diluting?

Company hasn't issued/shared new shares in quite a while. Obviously they raised funds in February because, you know, publicly traded companies with no revenue HAVE TO sell shares to raise money.

OTCmarkets.com showing 146,316,600 Outstanding as of December 1st:
http://www.otcmarkets.com/stock/OWCP/profile

10Q from September 30th: 146,316,600 Outstanding
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12381637

10Q from June 30th: 146,316,600 Outstanding
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12244229

10Q from March 31st: 144,819,287 Outstanding
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12077883

1,497,313 shares increased from March through December (so far). Oh, man. THE OUTRAGE!

(I remind you they added a new, veteran Chairman and an NASDAQ company experienced CFO in mid-year too.)

Prior to that, they announced selling 4,489,465 shares where they brought in $1,624,640 from private placement investors.

(Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11882510)

So, bottom line... I strongly disagree this could be a "share selling scam".

P.S. Page 19 of their Investor Presentation actually shows how much money is needed throughout the year for their research -- which, thankfully, is being done in Israel where it doesn't cost tens of millions.

(Source: http://www.owcpharma.com/wp-content/uploads/2017/11/Investors-Presentation-November-2017.pdf)