OWC Pharmaceutical Research Corp (OWCP)

[BruceLake]

DGF was issued the 23,371,176 common shares at an average cost of $.008. Given that the share price rose above $.012 just after Christmas, it could have been much much worse. Essentially if DGF had converted its 19 preferred shares before Dec. 24, the company would not have had enough common shares to issue them. To me this is a clear indication that until now DGF has been co-operating.