OWC Pharmaceutical Research Corp (OWCP)

[skitahoe]

Milo,

I feel that the company may be legit, but the lack of acceptance of cannabis may be working against them so much that they simply can't overcome it. Certainly they may get support in Israel, but that can only get them inexpensive Phase 1 and maybe small Phase 2 Trials done cheaply, but international Phase 3 are a very different matter, and if you cannot get the patent approval for what you're testing, no one is going to fund such an effort.

I understand your feeling about the money, but the same can be said for practically any struggling company, but executives still get certain perks, and I cannot begrudge them that.

If they gain one multi-national patent for a major product everything could change. I believe it's clear they'll need a partner to fully develop anything, but with patent approval and a Phase 1 and perhaps a small Phase 2 demonstrating efficacy, a partner would certainly be possible. What's needed is the patent and while the company may be fighting for them, they're not communicating what they're doing to investors.

Gary