Thursday, March 29, 2018 6:16:16 PM
"Jeffrey O. Friedland (“Friedland”) engaged in a nearly $7 million securities fraud scheme to conceal the nature of his interest in an Israeli medical marijuana company, OWC Pharmaceutical Research Corp. (“OWC”), to allow him to unload his considerable holdings in OWC stock into a market that he helped artificially inflate. As part of his scheme, Friedland touted OWC to investors while misrepresenting both the nature of his investments in OWC and his professional relationship with the company."
"On or around August 18, 2014, OWC provided an opinion letter to its transfer agent from a disbarred attorney in connection with its issuance of stock to Intiva."
Do you see that OWCP provided the fraudulent 144 Opinion Letter using a disbarred attorney.
But it gets better - and I love this part of the complaint!
"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."
It can't get more damning than that from the SEC.
Also on February 5, 2016 Bignitz was the CEO of OWCP.
These are cold hard facts - not wishful thinking void of any facts.
The SEC investigation is ongoing and Friedland will tell everything to save his A$$ - he will provide the names of all OWCP insiders that profited from the fraud.
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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