OWC Pharmaceutical Research Corp (OWCP)

[Musical Shares]

This is actually getting quite interesting. I've been reading the case documents on Pacer.

Did you read the 8 page document from the judge?

The judge basically slapped Discover across the face and told Kirkland that his original damage amount - $11.9 million - was obscene.

And I quote.... "The award plaintiff seeks would be so substantially disproportionate to the amount of loss that it would constitute an unenforceable penalty."

The judge also went on to say that this contract gave Kirkland a windfall and penalized OWCP unfairly.

It wasn't hard to see that. I'm glad the judge saw that too. It's a toxic loan.

$6.8 million for 381 convertible preferred shares after 5 years.

I guess Ziv was right. He screwed himself.

The Delaware Corp is void. The Registered Agent refuses mail. Everyone has resigned from OWCP. OWCP is without legal counsel. And OWCP is far behind on filings to be current. Who will pay to become current?

My question now is... how do they get paid?