Replies to post #131725 on OWC Pharmaceutical Research Corp (OWCP)

[I-Glow]

Not yet, the complaint is against Friedland, his wife and their companies.

If you think this is over for OWCP then start buying - but it is just getting started.

Wait until Friedland starts talking - about the money from the 5.1 million shares he was given for investor relations.

If anyone thinks OWCP isn't going to have serious problems they are either naive or don't understand how the SEC operates.

IG

[I-Glow]

As everyone can see from reading the OWCP 10-K about being Subpoenaed by the SEC!

"We may expend a substantial amount of time and resources in connection with SEC or stockholder-related inquiries or legal actions related to an ongoing investigation by the SEC.

In March 2018, we received a non-public subpoena dated February 16, 2018 issued by the SEC ordering the provision of documents and related information concerning certain of the issues involved in the Friedland Matter. We are in a process of responding to the subpoena and intend to fully cooperate with the SEC. We are unaware of and unable to predict the length, scope, outcome or impact of the SEC’s investigation. As a result, we do not know how the SEC investigation is proceeding, when the investigation will be concluded, or if we will become involved to a greater extent than merely responding to the subpoena we received. This may become a material cost to us, distract the time and attention of our officers and directors or divert our resources away from ongoing research and development programs and result in loss of investor confidence and a decline in price of our Common Stock."

As every can read there is a active ongoing investigation by the SEC.

If the SEC investigation had been completed OWCP would have immediately filed a 8-K to announce the SEC investigation had been completed and they concluded that there wasn't any wrongdoing - but as we all know there hasn't been a 8-K filed.

When a SEC investigation goes from Civil to Criminal it takes much longer and the SEC has stated that OWCP was complicit in in the pump and dump.

"OWC provided an attorney opinion letter to OWC’s transfer agent from a disbarred attorney in connection with the issuance of OWC’s stock to Global."

"OWC provided an opinion letter to its transfer agent from a disbarred attorney in connection with its issuance of stock to Intiva."

It is obvious that OWCP still has problems with the SEC.

I also bet that the OWCP and Stenocare deal never comes to fruition - as Stenocare knows about the skeletons in the OWCP closet.

IG