Replies to post #100410 on OWC Pharmaceutical Research Corp (OWCP)

[moxa1]

Correct and in Sheba's case we agree to share in patent royalties from the research. I believe they own a percentage of the patents arising from the research.

[mariosmack]

And how exactly can Sheba help OWCP "keep R&D costs down"? Do they hire thousands of volunteers who know everything? Does Sheba help negotiate costs? We're talking impossible numbers here. OWCP only spent $35,000 on R&D. It is impossible to get anything done with that. 35k is chump change. For a project as big as mmj, you would need 100s of millions of dollars. GW is spending 100 million plus a year and OWC is spending less than 150,000 a year. Does Sheba reduce the R&D spending by a factor of 1000?

OWCP even admitted in their financials that they will need much more money in R&D to make progress or else they cannot continue as a company. They said very clearly that they are in trouble. It looks more so that OWCP is using big names such as Sheba, Mediq, and Seeking Alpha as distraction tactics to divert from the real problem, no R&D spending.

Big institutional investors understand that OWCP's R&D spending is trash and will get them nowhere.

[happpytrader]

So you're saying they outsource their R&D and get it for free? come on now, I am doing DD, and this is a red-flag for me.