Replies to post #132394 on OWC Pharmaceutical Research Corp (OWCP)

[MakinBank]

if a 5% owner fails to file form 4, why is this bad for a company? I am in another stock which did the same, company is angry but I have extremely cheap shares.

It's the science I am invested in. Anyone claiming SEC has anything on this is BS. I have been in many other stocks prone to SEC investigation and feel like they have nothing on this one let alone going after it. Buy when others are fearful.

[moxa1]

Of course it stinks. That's why the SEC brought civil charges against the lowlife named Jeff Freidland.

[PhenixBleu]

The LLCs you mention were never Directors or Officers of OWCP and neither was Friedland as an individual. The other reporting requirement is 10% and certainly 6M shares does not equal 10%. Friedland only served on the Advisory Board. His business was a service provider.

Therefore, no Form 4 is required with OWCP share transactions.

Link to 2015 10-K is below. Search on Global to see the transaction numbers.

https://www.sec.gov/Archives/edgar/data/1431934/000129534516000509/owcp12312015.htm

but still with him being the owner of that LLC and him being the owner of Intiva Group which was a 5% shareholder in OWCP would have required form 4 to be filed to sell any shares.... this STINKS EVERYONE

[kbaz]

I agree, Something is foul with JF. AND.... TODAY HE IS NO MORE!