Purpose: Exposure. Being in Israel, not many investors can hop on a plane and go visit, so instead, they come here. It's nice to hear and see management in person to get a better idea of what they're really like. Just 1 wealthy investor (whale) would mean millions. Just 1 joint venture would mean tens of millions or even hundreds of millions. And not only $ but connections. Keep in mind multiple myeloma clinical testing begins in Q3. This is a cancer treatment and will be huge.
Diamond sponsor: Why they were diamond last year, not really sure, maybe just to attract attention. Why they are diamond this year, they have made significant advancements in testing for several products, patents ready to be granted, and hopefully sales deals for products that are market ready. We can never have too many investors considering there are several different products in the pipeline.
Will they announce news before the conference? Yep, IMO we will have an 8k before the conference and/or an updated investor presentation. This could include a patent grant, sales deals, and/or safety testing results.
If we think about where this is now, pre revenue with a market cap under 100MM, it's a no brainer at these prices considering a 3B market cap like GWPH would put this stock over $21pps. That's a 42 bagger. 42 times your investment in a short amount of time if you buy now and hold all shares, which I know will be tough to do and profit taking will happen. And to think, it could go much much higher if all products end up receiving regulatory approval. At that point we are talking 5-10+B market cap, $35-70pps. We have a general pain tablet. The tablet is my favorite by far. This will generate hundreds of millions once regulatory approval is received. Getting excited thinking about it but it's the real deal!!! Only a matter of time before OWCP breaks through and delivers news of sales, patent grants and further clinical testing leading up to full regulatory approcal. Up we go!!!!!
Oh and I believe GWPH will get FDA approval for their epilepsy drug this year. Meaning marijuana will get descheduled and all medical marijuana compaies like OWCP will go boom time!! The fun has yet to begin. Last March was a small teaser for what is to come.
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