OWC Pharmaceutical Research Corp (OWCP)

[BruceLake]

The "cure" you are suggesting is not going to heal anything. Essentially what you are suggesting is that changing an employee's status to that of an independent contractor or adviser somehow "cures" the triggering event. You are also suggesting that Dr. Baruch is "not an Officer any more".

Unfortunately the above is not true. If it were that easy to bypass a triggering event, then what's the point of having a contract? Let me elaborate: Dr. Stanley Hirsch, Mordechai Bignitz, Dr. Oron Yacoby Zeevi, Alon Sinai, all were or are technically associated with the company as advisers, and all with key roles. So why the distinction with Dr. Baruch? There is none!

Fact of the matter is that whether or not Dr. Baruch was put on unpaid furlough, laid off, put out to pasture, fired, or even killed, it would make no difference vis a vis the triggering event.

So let me repeat once again, the triggering event has not officially ended! But why be concerned about technicalities at this point? The triggering event, as punitive as it is, does not even come close when compared to the overall damage done to the company as a direct result of mismanagement.