OWC Pharmaceutical Research Corp (OWCP)

[I-Glow]

What? LOLOL! This is too funny - the SEC states the investigation is ongoing and in the financials OWCP states:

"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."

In the SEC complaint against Friedland the SEC made it clear that OWCP was complicit in the fraud by supplying Friedland with a Fraudulent 144 Opinion Letter.

The SEC even warned shareholders by stating the investigation is ongoing - which is very unusual for the SEC.

OWCP acknowledged that they are the target of a SEC investigation.

IG