Replies to post #131912 on OWC Pharmaceutical Research Corp (OWCP)

[Mariner93]

Witnessing how slow the process has worked with the lawsuit involving OWCP vs. Ziv and separately the suit with the financing co. that drove the stock to sub-penny I highly doubt there will be any significant shareholder suits against the company.

I doubt there are deep enough pockets to fund such an endeavor since there's is very little institutional ownership, if any, in OWCP. An investor lawsuit would take years to file and run its course.

I'm pissed off as anyone about what has occurred, but I'm not going play street lawyer and blame the company for Friedland's actions. They are guilty of incompetence but not fraud.

There is no more of an employee - employer relationship between OWC and JF than the shares provided to the attend the investor conference in FL.

[Farmer7]

Tell me more about that cause I don't know that rule.

[zombywolf]

Pretty simple, my friend. If a shareholder lost money and something outside market forces caused that loss, one shareholer or a whole class (class action) can sue for damages. Its the legal costs to OWC that are the risks. How about this, what would you think if the financier gets cold feet hearing about a potential monster class action? How about legal fees wiping out the current money thats for testing and research? Or how about this, investors put money in this company based on what they were told by an influential "investor", not knowing he was a "paid shill" who pumped the stock, with higher values coming into the company, and the company never said anything, while collecting higher prices for their stock. Not pretty.