OWC Pharmaceutical Research Corp (OWCP)

[I-Glow]

Didn't you read the Friedland Complaint from the SEC - or the 10-K where the company stated:

We may expend a substantial amount of time and resources in connection with SEC or stockholder-related inquiries or legal actions related to an ongoing investigation by the SEC.

In March 2018, we received a non-public subpoena dated February 16, 2018 issued by the SEC ordering the provision of documents and related information concerning certain of the issues involved in the Friedland Matter. We are in a process of responding to the subpoena and intend to fully cooperate with the SEC. We are unaware of and unable to predict the length, scope, outcome or impact of the SEC’s investigation. As a result, we do not know how the SEC investigation is proceeding, when the investigation will be concluded, or if we will become involved to a greater extent than merely responding to the subpoena we received. This may become a material cost to us, distract the time and attention of our officers and directors or divert our resources away from ongoing research and development programs and result in loss of investor confidence and a decline in price of our Common Stock.

Bignitz and friends will most certainly become involved to a much larger extent.

The best possible outcome would be disgorgement of the funds obtained fraudulently and barred from participating in any type of Securities for 5 years.

IG