Replies to post #131717 on OWC Pharmaceutical Research Corp (OWCP)

[JohnCM]

He's screwed.

[ernie44]

Hey, I tried Pot when laid-off in the late 70's

it never did anything for me

[stockfan100]

Janice,

Is it time to remove your 2-year old stickie about OWCP "under investigation" now that we know it is not the case any more?

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SEC Obtains Final Judgments Against a Colorado Stock Promoter and His Associated Companies in Touting and Fraud Case

Litigation Release No. 24684 / December 9, 2019

Securities and Exchange Commission v. Jeffrey O. Friedland, Global Corporate Strategies LLC., and Intiva Pharma, LLC, No. 18-CV-529 (D. Colo.)

A Colorado stock promoter and two of his companies agreed to pay $4.2 million to settle the Securities and Exchange Commission's charges for fraudulently promoting and trading a cannabis stock. On December 5, 2019, the U.S. District Court for the District of Colorado entered the Final Judgment.

The SEC's complaint alleged that Jeffrey O. Friedland touted - or promoted - the stock of cannabis company OWC Pharmaceutical Research Corp., while misrepresenting his own investment in OWC and his professional relationship with the company. According to the complaint, Friedland promoted OWC to investors without disclosing his role as a paid promoter or the amount of his compensation. As alleged in the complaint, Friedland held millions of shares of OWC stock through two companies that he controlled, Intiva Pharma LLC and Global Corporate Strategies LLC, with the bulk of the shares received as compensation for promoting OWC to investors, including retail investors. Additionally, according to the complaint, Friedland secretly sold his OWC shares into the market at the same time that he was touting OWC stock to the public as a long-term investment.

Without admitting or denying the allegations in the complaint, Friedland and Global agreed to disgorge nearly $2.1 million plus prejudgment interest, and Intiva agreed to disgorge $20,000. Friedland also agreed to pay a $2 million penalty. All defendants consented to bars prohibiting them from participating in penny stock offerings.

The SEC's investigation was conducted by William Connolly, Michael Grimes, Keith O'Donnell, and Shipra Wells, with supervision from C. Joshua Felker. The litigation was conducted by Christian Schultz, Timothy Halloran, and Mr. Grimes, with supervision from Fred Block.

https://www.sec.gov/litigation/litreleases/2019/lr24684.htm

[Hole shot King]

you should use the SEC Site for the $OWCP news

SEC Obtains Final Judgments Against a Colorado Stock Promoter and His Associated Companies in Touting and Fraud Case

https://www.sec.gov/litigation/litreleases/2019/lr24684.htm



looks like the HTTPS is linked to https:// promotionstocksecrets

https:// promotionstocksecrets.com / wp-content/ uploads/2018/03/ FriedlandSEC.pdf


https://promotionstocksecrets.com/wp-content/uploads/2018/03/FriedlandSEC.pdf

Thanks for the information


the $OWCP cart looks like a good place to add with the RSI at a good place for a long play could go lower and bounce off the 50 day maybe ,time will tell

[Bitcoinslinga]

Dude bought a house, 2 cars, and a piano. The people that get caught never live a lowkey lifestyle.