More of your pure speculation.
In the 10-K they are giving the worst case scenario about how the SEC case against Jeffrey Friedland MIGHT affect the company and stock price. OWCP is being very honest and frank about the worst case scenario. This is what companies do in their 10-K... they include all the possibilities when it comes to risk.
So what is the worst case scenario?
THIS:
"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."
THAT'S IT... THERE'S NOTHING ELSE THERE.
And just because this is the worst case scenario doesn't mean that this worst case scenario will happen. OWCP clearly stated in the 10-K they do not know how the SEC investigation against Jeffrey Friedland is proceeding or when the investigation will be concluded.
It might be not take long and responding to the subpoena may end up being the full extent of OWCP's involvement. I can speculate and say that I think it will amount to just that, OWCP will cooperate fully and respond to the non-public subpoena, and that will be the extent of it and the company will move forward, and that is what I actually think will happen.
To state that you know otherwise is pure speculation.
None of that pure speculation that you keep conjuring up is based in reality.
OWCP has clearly stated that they are not party to this SEC case which is against Jeffrey Friedland, and OWCP has also said very clearly that they had no knowledge of Friedland's fraudulent activity which started in January 2017. Almost all the money JF gained from selling the Global and Intivia shares has been frozen by the SEC in bank accounts/assets. The SEC has made no such action against OWC, and there is not a shred of evidence that a dime went to Israel. The Friedlands had it in Colorado.
OWCP is not a defendant in the case, they received a non-public subpoena because they are cooperating with the SEC. Companies get those all the time, very common. They have been totally honest with us investors, and these things happen not just on the OTC, but also with companies on the big boards. This JF issue was an external scheme that Friedland and his wife were the perpetrators of and the Friedlands are the defendants, not OWC. OWCP and it's stock holders (which includes all of the management) were the victims.
This will pass and in the meantime OWCP will continue their R&D and patent work.
$OWCP
YOU ARE A GHOST DRIVING A MEAT COATED SKELETON MADE FROM STARDUST RIDING A ROCK FLOATING THROUGH SPACE.
FEAR NOTHING!
