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  4. OWC Pharmaceutical Research Corp. (OWCP) Message Board

As I said in an earlier post I was not expecting a

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Post# of 15624
(Total Views: 872)
Posted On: 08/21/2017 4:34:05 PM
Posted By: BruceLake
Re: GaryM #10408
As I said in an earlier post I was not expecting anything that we didn't already know. But a few things were nevertheless reassuring.

For example:
Good to know that they have not squandered the money they raised.
Quote:
On June 30, 2017, we had current assets of $1,402,208 consisting of $1,379,895 in cash and other current assets of $22,313.



Besides confirming the company's action against the NYC law firm of Sichenzia Ross Ference Kesner LLP and Marc J. Ross, they also announced the following:
Quote:
On August 10, 2017, the Company filed an action in the Supreme Court of the State of New York, New York County seeking to recover unpaid shares due the company from former employees Ziv Turner, Uri Geller and Dubi Kochvar. The lawsuit also seeks an injunction to restrain the sale of shares of the Company by a transferee, Jeffrey Low, and further seeks to rescind the transfer of shares from Ziv Turner to Jeffrey Low. The action is currently pending and is in the pleading stage.



Does anyone know what National Phase and PCT patents refers to?

Quote:
To date, One World Cannabis has filed 13 National Phase and 3 PCT patents with the United States Patent and Regulatory Office (USPTO), all related to its line of activity related to cannabis-based medical products. Assuming the successful completion of the clinical trials, of which there can be no assurance, the Company believes that it will be able to retain the intellectual rights and secure patent protections.



Let's see if in the near future we get some 8Ks with meat on the bone so that it will propel the stock higher and shut up the naysayers.


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