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

I made a lot of fuss about the salary increase las

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Post# of 15624
(Total Views: 717)
Posted On: 05/01/2019 1:26:55 PM
Posted By: LeaveMeAlone
Re: Letitride1027 #15062
I made a lot of fuss about the salary increase last year, so we should not revive that, since a lot of us turned a blind eye on their raise back then, now I'm shocked that some are just noticing it now.

My biggest qualm about the salary increase was that they were still part-timers, with what looked to me, like little work is being done, the sucky Website, lack of shareholder relations. I'm sorry, but their salary did not reflect the progress and inactions in different areas of business.

The RS proposal really opened up my eyes and what I thought the company being much further in their developments and with something up their sleeves, this proposal kind of made me realize that they have little and they've not done much either, while being badly wounded by Discovery and wanting to beat down shareholders for managements fuck ups.

Right now, you can buy the whole company for ridiculously low price. I'm honestly at loss here in what to do, in 2 years we've not seen positive movement, what also felt like they built a more competent team, is still lacking in visibility and communication, their site, as mentioned by Pussim is still partially broken in certain areas, this does not spell well for us and the company and anyone who looks at them, so this tells me that they're nowhere near anything, still.

I used to be optimistic, but with their continuing silence and no concrete direction or plan from management, my optimism is shrinking, do I average down, wait or just consider this a write-off, as in 2 years time we haven't had positive price movement that would stick, the stock continues to go down and the only thing we seem to have left as hope is the Patent, unfortunately I no longer base my hope on that.

Just my 0.02


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