OWC Pharmaceutical Research Corp (OWCP)

[tsand]

I'm no expert, and there are many "legal" parts to this S-8.

I do understand that anyone who serves on a board of directors of any company should be covered by a blanket liability insurance policy. Perhaps management is continuing to "fine-tune" their corporate structure for bigger things to come. My thoughts are that it could also be a "defensive" play, in regards to the upcoming reverse split vote that most of us see as disastrous for shareholders. There have also been questions raised as to the "real" reasons for this R/S vote and why they want a "blank check" permission up to a 500:1. Nevertheless, if there were a dispute with shareholders that resulted in a class action lawsuit, the insurance policy would protect the management and board members and keep the company moving forward financially. JMHO, Sandy