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

Sorry if so many here believe that I'm wrong in as

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Post# of 15624
(Total Views: 578)
Posted On: 04/19/2018 2:26:38 PM
Posted By: GaryM
Re: FELLER #12978
Sorry if so many here believe that I'm wrong in asking the company to be more transparent, but I really believe that the confusion between what's said in presentations and what's said in the annual report, and other things the company says is simply keeping the price own dramatically lower than it should be.

I do not see why things like knowing the fibromyalgia trial is being run with patients who have the disease is giving away some secret the company is guarding, I'd be willing to bet their competitors know. I know other companies have similar products, and in some cases have stock in those companies as well. I believe OWCP is going about it more professionally, but that doesn't mean they can't do substantially better.

I've been involved with the company for nearly two years, when I first got involved I heard of our cream being "Market Ready", that statement is still being said today. I believe it means the manufacturing process meets FDA and other requirements, but the company has never confirmed that's the meaning, they just keep saying it, and the likes of I-G keep questioning the validity of what they're saying. What is wrong with clarifying statements like this once and for all and eliminating the doubt.

I do believe many positive things will happen this year, but sadly the Annual Report wasn't one of them. At the encouragement of people both here and at the other site I wrote the company about some of the questions I hoped would be addressed in the report, virtually none of them were addressed. The report was negative because it was confusing, some of the language was opposite of what's in the latest corporate presentation. If anyone here really believe my comments about it bring down the stock, I'm sorry, but many have thanked me for what I'm saying as well. I do believe that boards like this get investors, or potential investors to think about their investment, but not to invest purely on the strength of what they're reading here. I believe my comments while critical of certain things have generally been far more supportive than negative.

Gary


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