OWC Pharmaceutical Research Corp (OWCP)

[I-Glow]

First, I don't need to go to Wikipedia to know/understand about warrants.

A stock warrant is very easy to understandf - it is a contract between the company and a buyer (in this case the Toxic Lender DGF is the Buyer) - what you don't seem to understand is that the predetermined price can be attached to a discount at a certain price at is the lowest price from the previous 10 days prior to the conversion. There isn't anything magical about the warrants - it was part of the Equity Purchase Agreement - it is just another 12.5 Million shares for the toxic lender.

I actually read the 8-K - the S-1 - the S-1A and the 424B3...

In the 424B3 - in the first paragraph it states:

"47,500,000 Shares of Common stock

This prospectus relates to the offer and sale from time to time of up to 47,500,000 shares of our common stock by the selling stockholder listed on page 61 of this prospectus. The number of shares offered for sale by the selling stockholder consists of up to (i) 140% of the 25,000,000 shares (or 35,000,000 shares) of our common stock currently issuable upon the conversion of 500 shares of our new series of preferred stock designated as Series A Preferred Stock (the “Series A Preferred Shares”) held by the selling stockholder and (ii) 12,500,000 shares of our common stock currently issuable upon exercise of a warrants held by the selling stockholder (the “Warrants”). The selling stockholder acquired the Preferred Shares and the Warrants from us pursuant to a Securities Purchase Agreement (the “Securities Purchase Agreement”), dated April 30, 2018, by and between the Company and the investor identified therein (the “Investor").

As you can see OWCP is authorizing 47,500,000 shares to be registered.

Remember the pre-determined price can include variables such as a discount that is calculated by the terms of the contract (Equity Purchase Agreement).

Hell read the 424B3 - OWCP clearly states there will be dilution:

You will experience dilution of your ownership interest because of the future issuance of additional shares of our common stock or our preferred stock.

Instead of talking about my calculations being off - sack up and post your calculations - talk is cheap!

IG