Replies to post #96902 on OWC Pharmaceutical Research Corp (OWCP)

[I-Glow]

The Own the Float is a penny stock pumping site - where the writer just isn't very bright. He had some ambulance chasing attorney - where he was asking the guy about patents - that was when the idiot at Own the Float was desperately trying to convince investors that OWCP owned 7 patents. They couldn't have been more wrong.

Just another poorly written article - and Own the Float appears to be hand fed information from OWCP to help the pump.

There isn't a Disclaimer on the site and certainly nothing about compensation for the article.

IG

[RobotDroid]

OWCP: Opinion on CFO Resignation
June 15, 2017, By OwnTheFloat | 1 comment
First thing this morning, I saw there was an 8K released making us aware that Shmuel De-Saban has resigned as CFO of OWCP. Mordechai, who is a CPA and accountant by education and training, will be the Interim CFO until he makes an announcement of Mr. De-Saban’s replacement on or around July 1st.

Like after most 8Ks, I start receiving various messages asking for my opinion on this. So, this is my opportunity to type out another disclaimer — while I will provide my opinion (and hope) on the matter, I absolutely do not want it to be your reason for Buying, Holding, or Selling. If you have a good or bad feeling – it’s up to you to act on it.

That being said, I do NOT have a bad feeling about this resignation. First, it’s a generic response. Sure, maybe he’s truly going on to pursue other business options — but that doesn’t mean he came to that conclusion all on his own. I’m still hoping we’ll hear more about a future Joint Venture / Partnership with a bigger, well known company. Then again, maybe mediq was the only company they were in negotiations with after they had worldwide interest. I just feel as though mediq wasn’t the only company they were in talks with — but we’ll see.

Just because many fixate on this idea that TEVA has or will strike a deal with OWCP, let’s use them as an example. If TEVA, a much larger and proven company, were to merge or form a joint venture with OWCP, a much smaller company, I expect them to want to appoint their own management in certain roles.

The fact that Mordechai felt comfortable enough to say he will appoint a new CFO on or around July 1st tells me something has been brewing since before Shmuel sent in his letter. Hell, when I put a job opening out for a Receptionist, it takes more than 2 weeks to just collect resumes. Why would I expect a Medical Cannabis Research company valued around $85 million (current market cap) to hire a CFO within 2 weeks? Again, it’s my opinion that this resignation was all strategic and it’ll all make sense on or around July 1st.

Final thought — In my opinion, the person we’d want a resignation from the least is Dr. Yehuda Baruch.