OWC Pharmaceutical Research Corp (OWCP)

[MjMilo]

Ok folks..just got off the phone with Ziv..

I now have a better idea of where things are at.....

The company has applied for protection under Israeli law....
As I stated in earlier posts..the company(Ziv) made several offers to DGF
in order to move forward....
DGF has been unable to work with the company as part of the deal required DGF to open their books so Ziv can actually see how much money they have made so far selling the preferred shares.

DGF claims they have lost money but won't open the books to verify anything...so the thought of OW and DGF working together...will never happen.

I can understand why DGF won't open their books....draw you own conclusions...

THis latest action with the court in Israel should take no more than 60-90 days.

One of the things that the company is asking the court to award them is to allow the company to increase the AS by 1 billion shares.

Ziv says the court will award this no problem.

THose shares will be used to settle up with DGF and Jeff Low..and allow things to be cleaned up on the ISraeli side.

Ziv told me there are no US creditors period and increasing the AS by a billion...court ordered..allows the company to clean everything up and move forward.

John Kirkland is not happy and is threatening ZIv and the company and Ziv has told him to go pound salt basically and go after Bignitz..this is not his problem and the company lawyers agree..

So once the company emerges from protection of the ISraeli court...
They will then turn their attention to the US company....

Michael Feldenkrais is an integral part of the future of the company....There is lots of money ready to be injected once everything is cleaned up...

Ziv mentioned three patents...he mentioned manufacturing and sales beginning Q1 of 2021

Again...the timelines can be flexible...

Here is the best part of all...Shareholders will be part of the reorganized US company! At this point..I cannot say any more than that...

But this is not over....and people have something to look forward to.


We should all thank Ziv for the work he has put in along with his directors and legal team.

Kirkland is panicking...even approached Jeff Low to work with him...but Jeff realizes that Kirkland only wants to dump shares into the market and this would further destroy the value of the company.

The fact DGF is unwilling to open their books nixes any opportunity of them working together.
What does that tell you!