Thursday, March 08, 2018 2:24:59 PM
From the complaint:
"OWC provided an attorney opinion letter to OWC’s transfer agent from a disbarred attorney in connection with the issuance of OWC’s stock to Global."
"On June 12, 2017, OWC’s transfer agent relied on the disbarred attorneys opinion letter to remove the restrictive legend from Intiva’s OWC stock and issued a new “clean” stock to Intiva for deposit at the clearing broker for Spencer Edwards."
"In June 2014, Friedland and his wife hosted a dinner at their home in Denver, Colorado, where a presentation was made about the developing field of medical marijuana research by a doctor who later became OWC’s chief science officer."
"Friedland provided the transfer agent with a purported attorney opinion letter that included inaccurate information about Global’s acquisition of OWC stock and misleading
information about the connection between Friedland, Global, and Lane 6552. The letter was signed by a disbarred attorney."
"Pursuant to the compensation terms of the Global PR/IR Agreement, OWC transferred 5,134,375 OWC shares to Global on February 5, 2016. OWC provided an attorney opinion letter to OWC’s transfer agent from a disbarred attorney in connection with the issuance of OWC’s stock to Global."
"OWC disclosed in reports it filed with the SEC in February 2016 that Global owned these shares of stock – 6.3% of OWC’s common stock at that time – and that Friedland controlled them as Global’s President and CEO, but neither OWC, Friedland, nor Global made any disclosure as to how the shares were acquired by Global."
What a absolute disaster - why didn't OWCP provide full disclosure about how Global acquired the stock?
OWCP provided help to Friedland in removing the restrictive legend from the certs - why would OWCP be involved in such activity if they weren't going to profit from the pump and dump.
OWCP was setup as a share selling scheme - we now know why nothing has been published - no patents - no efficacy report.
IG
It's I-Glow here, and I'm Mr.Clean.
They call me "hit man"
Don't know what they mean.
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