Replies to post #140904 on OWC Pharmaceutical Research Corp (OWCP)

[Zenguy]

Wow Crabby...at first I thought you were another poster trying to keep price down,however, that post surprises me. This board gives up good D and D at times as well as thoughtful discussion both pro and con. I (most of the time) enjoy reading both. I like the risk/reward OWCP provides. Peace crabby!

[I-Glow]

Why don't you explain after careful reading of the Friedland Complaint/Press Release and the OWCP 10-K where OWCP states the following:

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.

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.

There is absolutely nothing positive about the SEC investigation.

IG