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Re: Ping70 post# 128662

Tuesday, 02/13/2018 9:32:39 AM

Tuesday, February 13, 2018 9:32:39 AM

Post# of 203917
I guess my thoughts were that they would release news when news is ready to be released -- whether there's a conference around the corner or not.

We all would have enjoyed some updates by now, but I find it easier to not expect news by a certain point. I've gone several days without even logging into my brokerage account and just waited for Google to tell me the closing price. I'm truly able to be patient with this. I clearly see there's a lot of people that are not and that's expected because many bought after the big run when they saw it as an opportunity to be part of another 500% run. That kind of disappointment happens all over the OTC and is another reminder that even OWCP shouldn't have run to $3.23 last year, as no specific OWCP news triggered it. I always suspected the ETF news only because CNBX and a few others had a very similar huge run on massive volume the exact same day.

But, that's neither here nor there.

I remain hopeful for near-future news because of the 8Ks and PRs since Dr. Hirsch's update letter back in September in addition to the Investor Presentation from November with the timeline and roadmap shown.

http://www.owcpharma.com/investors/

The roadmap on the presentation tells me they could be selling products via dispensaries and over-the-counter in states & countries where it's legal. But, if they keep moving towards 'Full Regulatory Pathway' (FDA and such), the GWPH-like Market Value would start to come in 2019 and beyond.

I still definitely think there's a good possibility that a JV / Royalty Sales deal could be in the works for the Topical Cream -- perhaps after the official Safety Study results are talked about.

Dr. Hirsch said in his update letter, "Further to the above report, we will, in general, provide broad guidance on our development timetables, but we will do this with due caution as the course of research and development is, by nature, uncertain – it is difficult to put a precise timeline on scientific studies."


Disclaimer:

I'm stating MY OPINION and I always encourage EVERYBODY who is holding or trying to decide when to sell to think for themselves. Read the company releases, their presentation & website, follow the links and truly decide for yourself. Never invest more than you can afford to lose -- no matter what. I had some retirement money in a REIT stock that had been solid for 30 years with a consistent dividend that had never decreased... Until it did a few years back. Share price went from an average of $9 to $5 today. Be smart, be careful. Don't simply take the opinion of others (myself included) and roll with it...

I still publicly say for the record -- I've been holding since October 2016 and have no definite time in my head for when I'll sell any shares. If we see a run that tests the current 52-week high again -- sure, I may need to sell a little because, well, LIFE costs money.