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OWC Pharmaceutical Researc OWCP
(Total Views: 502)
Posted On: 07/25/2018 7:36:57 PM
Post# of 15624
Posted By: GaryM
Re: lodge #13579
I believe that you're right about them having control, remember they're taking stock in lieu of salary for at least part of their compensation package. I believe they have some timeline in mind at which they'd be open to a buyout of the company, but it's long range, I'm guessing at least 5 years.

I don't think any of us would be unhappy with say $20 a share or more in 5 years, that would equate to about a $4 billion dollar offer assuming some dilution over those years.

I don't remember an Annual Meeting last year. I believe they're normally scheduled roughly at the time the annual report is issued. I believe our fiscal year is the same as the calendar year, so I don't know that we're not overdue for an Annual Meeting, but I don't remember hearing of one.

Gary













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