I sure hope you're right and I think the same way. I have
I sure hope you're right and I think the same way. I have a feeling we will trade sideways again tomorrow and not see any surges until thursday or possibly friday. My thought process is that the people coming to the conference will have gone there already doing some DD on all of the companies there. Not everyone going is looking to get into the MMJ space. So not everyone will have done extensive DD on OWCP. Once they heard what we have to say, and i'm speculating that it will be one of Cam's hammers (haha), that everyone that wasn't looking will begin to look. Then they will need a day or more to do their own research and DD. Reaching out to the people w/ the selling/royalty agreements in place and doing background on the BOD, etc. Then once they decide this is a great opportunity to get in on the ground floor, they will have to convince the people they invest for that this is a great opportunity. Not everyone is for an OTC (qb or not) stock and not a lot of people want to get involved with MJ or MMJ in this case since it is "up in the air" at the moment with what the administration is/isn't saying. So, what I think will happen:
Conference tomorrow, DD to take place wed night and into the weekend. Next week is when we can possibly see fireworks. If no fireworks then we will need to wait for Q2 and Q3 rev reports which will likely come out in Q4 and Q1 next year for an idea of how the company is doing and where we are going as a whole.
Further speculation, I feel that the big hammer they will likely drop is in regards to the efficay testing they are doing for the creme. I have a feeling they will drop a PR possibly tomorrow morning about a % of how well the creme is currently doing for psoriasis. That to me would be the hammer. If not tomorrow before the market opens then right after to closes. Doing the latter will give EVERYONE the same information at the same time. But, to be fair to the investors at the conference and I were OWCP, I would drop that information on the market close Friday or before the open on Monday. This will give everyone the opportunity upon the open on Monday the 6th to be a part of something big.
( ef·fi·ca·cy
ˈefəkəsē/
noun
the ability to produce a desired or intended result.
"there is little information on the efficacy of this treatment"
synonyms: effectiveness, success, productiveness, potency, power; More
)
Anyway, just my 2 cents. Which may or may not be worth anything. We will find out soon enough! haha
GO OWCP !
2
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