Replies to post #138248 on OWC Pharmaceutical Research Corp (OWCP)

[EasternTimeZone]

More of your pure speculation.

In the 10-K they are giving the worst case scenario about how the SEC case against Jeffrey Friedland MIGHT affect the company and stock price. OWCP is being very honest and frank about the worst case scenario. This is what companies do in their 10-K... they include all the possibilities when it comes to risk.


So what is the worst case scenario?

THIS:
"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."

THAT'S IT... THERE'S NOTHING ELSE THERE.

And just because this is the worst case scenario doesn't mean that this worst case scenario will happen. OWCP clearly stated in the 10-K they do not know how the SEC investigation against Jeffrey Friedland is proceeding or when the investigation will be concluded.

It might be not take long and responding to the subpoena may end up being the full extent of OWCP's involvement. I can speculate and say that I think it will amount to just that, OWCP will cooperate fully and respond to the non-public subpoena, and that will be the extent of it and the company will move forward, and that is what I actually think will happen.



To state that you know otherwise is pure speculation.

None of that pure speculation that you keep conjuring up is based in reality.


OWCP has clearly stated that they are not party to this SEC case which is against Jeffrey Friedland, and OWCP has also said very clearly that they had no knowledge of Friedland's fraudulent activity which started in January 2017. Almost all the money JF gained from selling the Global and Intivia shares has been frozen by the SEC in bank accounts/assets. The SEC has made no such action against OWC, and there is not a shred of evidence that a dime went to Israel. The Friedlands had it in Colorado.


OWCP is not a defendant in the case, they received a non-public subpoena because they are cooperating with the SEC. Companies get those all the time, very common. They have been totally honest with us investors, and these things happen not just on the OTC, but also with companies on the big boards. This JF issue was an external scheme that Friedland and his wife were the perpetrators of and the Friedlands are the defendants, not OWC. OWCP and it's stock holders (which includes all of the management) were the victims.

This will pass and in the meantime OWCP will continue their R&D and patent work.


$OWCP

[smarty1212]

Listen David...An investigation against an insider would most certainly trigger a subpoena for any documentation against Friedland. The SEC want's to win this case and will need any documentation that proved he was hired as a consultant, among others. This is standard basic law enforcement 101. You will do and say anything to make a buck it seems. The thing with you David is whether you are doing someones taxes or manipulating stocks you are stealing someones hard earned money....what a shame!
Not one thing was even mentioned from Friedland, implicating the company... who at this stage would point fingers at anyone to get out of this mess.

[bybtrader]

Nowhere in the 10-k states that OW is being investigated, and they clearly are not. 10-k says OW has been cooperating with SEC on Friedland investigation and that’s it.

Stop lying!