OWC Pharmaceutical Research Corp (OWCP)

[x100xPercent]

IG is using the word "worthless", which is a grossly pessimistic word and is totally untrue. What would be more accurate is the word "useless", but only in the present. When the phase 1 trial completes and the product is shown to be safe, the patent will be worth more than whatever it's worth currently. If and when a phase 2 trial completes and the product is shown to be effective, the patent will be worth much much more. The worthless claim and the 1 billion claim are both extremely exaggerated. I'd say currently the patent might be worth anywhere from 1 to 10 million to some companies that believe they can monetize the product, but only because it is a unique patent out there in the world. There's really no way to value a particular patent. At current price the company is worth 4 million, and even without the psoriasis patent the company is probably worth more.