OWC Pharmaceutical Research Corp (OWCP)

[Farmer7]

This is out of the 8-k as to when they can sell shares, if any.

.
The Registrant must redeem half the outstanding shares of Preferred Shares beginning 270 days after the closing of the Purchase Agreement in an amount equal to 110% of the Stated Value in cash or Common Stock upon the terms and conditions set forth in the Certificate of Designations.

The earliest they can sell is 270 days and that's only half of the 25,000,000 shares. If OWCP were to make a cash payback then no shares will hit the market.

Also, this is more like a $10,000,000.00 dollar deal as they can excercise warrants for another $5,000,000.00. at .40 cents.