OWC Pharmaceutical Research Corp (OWCP)

[I-Glow]

So the latest storyline is that the bankruptcy hasn't been approved although it was filed on December 10th. The excuses for Turner keep getting more outrageous.

"The insolvency procedure can be initiated by the creditor or the debtor. If the debtor wishes to commence proceedings of his own initiative, in accordance with the provisions of Section 17 of the Ordinance, among other things, his obligations must be at least NIS 17,307. (which is about $5300).

So who has to approve the bankruptcy and why is it taking so long?

The question becomes has Turner filed for bankruptcy?

You stated he was going to file the 10-K - that didn't happen and you never explained how the $200k was used.

You stated that Turner had a big business plan he was going to provide - once again that didn't happen.

"By the way Ziv Turner is one of the largest shareholders....He ended up that way because Bignitz made it happen...I am positive those 2 are in cahoots and this whole scenario has been masterminded by Bignitz."

On 07/22/2020 you posted the following you said was from Turner:

"As of now, we are waiting for legal to approve our publication of the new business plan. There are steps to take with the SEC for its approval prior to release that information."

Damn, it is taking legal a long time to approve the business plan.

And the SEC doesn't have to approve a business plan.

IG