Replies to post #51113 on OWC Pharmaceutical Research Corp (OWCP)

[FELLER]

I believe they're focusing their cash on the most important of things.

If they did, in fact, pay $100K to be the Diamond Sponsor of the Wall Street Conference (for example) -- I'll assume they're aware of the potential it can bring.

But, until the Q is out showing their 'marketing expense' -- we don't even know FOR SURE they paid $100,000.

I'm only saying this as an open minded person who gets deals on advertising/marketing in my community when people I know are selling. ;) Wishful thinking, but again, either way... Paying $100K to get in front of the Deep Pocket folks of Wall Street and Venture Capital may end up being "a small price to pay".

[Triple9]

I believe OWCP was hired by Florida to consult on their MMJ rewrite, so I'd be very surprised if FL's Dept of Health wasn't picking up travel expenses.

As for the $100K conference fee. Sounds like Jeff is representing himself and his companies as well as OWCP, so I suspect they are going 50/50 on the keynote fee.

Why would they do that? Well, I've been in that position and Llyons will have showed OWCP the list of registered attendees. Obviously there were enough high net worth individuals and deep pocketed firms registered to attend to make OWCP decide to pay up to keynote. Having institutional investors adds lots of street cred.

Interestingly enough, my guess is had OWCP known someone would be launching the MMJ ETF they may very well have opted not to bother with the keynote, and just remained a Gold or whatever level it was sponsor.