I sincerely respect and appreciate all the DD you bring to this forum - for that thank you.
I agree that one can't expect the company to manage the day-to-day price fluctuations of its share price, but the share price is down by over 91% since February. At what point should management be held accountable for managing that kind of drop? I've heard over and over again - the price should have never ran that high - I understand that, but it also shouldn't be struggling to maintain in the $0.30's range. Day after day after day it's red and red again - it's time investors demand accountability from management.
Struggling to maintain a share price of $0.32 - that's crazy.... one side in this ongoing game is terribly wrong - the question is which one is wrong. Will this prove to be one of the largest P&Ds of 2017 or will it prove to be a shining star? I'm hoping the latter but day-to-day the other side is winning the debate.
Back in Jan, Feb and even in March after the first significant drop I was so excited to be invested in this company - now I've lost a lot of faith in it.
Someone on the other board summed it up nicely - OWCP has a crisis of trust on its hands. Problem they face now is even if this reverses in a positive direction many will sell as soon as they're even because they feel that they were lied to by the company. Add that to the shorters and day-traders there is tough sledding ahead without major breakout news.
Trust has been broken yet management continues to do nothing to address the situation. Something has gone horribly wrong, and I'm tired of giving them a pass for their poor communication skills. We shouldn't be debating among ourselves what so many things mean - the company should be controlling its narrative.
We're debating - does OWCP have an agreement with CFN or do they not? No PRs of any significance have released so what in the hell did they pay for? Are there issues with the ongoing studies or not? What is the status? Are they in process of applying to list on the Canadian exchange or is that just a future goal? What is the status of selling any product, anywhere?
I hope I'm pleasantly surprised by the 10Q due on the 15th that has answers to many of the open questions but my gut is telling me that it will probably be yet another release of "trust us we're doing great things" but "we can't share any specifics until some unknown future date" which no one knows whether that means three months, six months or years away.
I agree that one can't expect the company to manage the day-to-day price fluctuations of its share price, but the share price is down by over 91% since February. At what point should management be held accountable for managing that kind of drop? I've heard over and over again - the price should have never ran that high - I understand that, but it also shouldn't be struggling to maintain in the $0.30's range. Day after day after day it's red and red again - it's time investors demand accountability from management.
Struggling to maintain a share price of $0.32 - that's crazy.... one side in this ongoing game is terribly wrong - the question is which one is wrong. Will this prove to be one of the largest P&Ds of 2017 or will it prove to be a shining star? I'm hoping the latter but day-to-day the other side is winning the debate.
Back in Jan, Feb and even in March after the first significant drop I was so excited to be invested in this company - now I've lost a lot of faith in it.
Someone on the other board summed it up nicely - OWCP has a crisis of trust on its hands. Problem they face now is even if this reverses in a positive direction many will sell as soon as they're even because they feel that they were lied to by the company. Add that to the shorters and day-traders there is tough sledding ahead without major breakout news.
Trust has been broken yet management continues to do nothing to address the situation. Something has gone horribly wrong, and I'm tired of giving them a pass for their poor communication skills. We shouldn't be debating among ourselves what so many things mean - the company should be controlling its narrative.
We're debating - does OWCP have an agreement with CFN or do they not? No PRs of any significance have released so what in the hell did they pay for? Are there issues with the ongoing studies or not? What is the status? Are they in process of applying to list on the Canadian exchange or is that just a future goal? What is the status of selling any product, anywhere?
I hope I'm pleasantly surprised by the 10Q due on the 15th that has answers to many of the open questions but my gut is telling me that it will probably be yet another release of "trust us we're doing great things" but "we can't share any specifics until some unknown future date" which no one knows whether that means three months, six months or years away.
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