Update May 28.2021 The following post will prov
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Posted On: 05/28/2021 4:25:13 PM
Update May 28.2021
The following post will provide an update for those wanting to know the truth and facts as to the current status with OWCP.
Earlier this year DGF filed documents with both the SEC and the Chancery court in Delaware which among other things claimed that DGF was now in control of the entire company and had removed the director(s) from the Israeli side. (Turner/Ritterband)
I have repeatedly pointed out that without a proxy vote or amendment of the AOR these changes could never have taken place and were not legal.
March 23rd the filing from the Chancery Court was made public and the pleadings in this document gave OWC Israel 30 days to respond otherwise a default judgment would be awarded to DGF.
There has been no new information published with regard to this filing and we are now post 65 days .... and no default judgement.
If you have read my previous posts I said immediately after the claims from DGF were made public that both the filing with the SEC and the pleading in the Chancery court were not valid and in fact were fraudulent.
DGF doesn't own one common share of OW and the preferred shares have not been converted.
Essentially DGF is nothing more than a creditor...
Kirkland tried his bs and as he was warned by Ziv that this would go nowhere...that is exactly what has happened.
Ziv has heard not a peep out of Kirkland or for that matter Mr. Kugelman for at least 2 months.
Turner and Ritterband went along with Kirkland's ruse and basically told Kirkland..you want the company...it's your..take it and they walked away..
Kirkland's claim he removed and appointed a new director is not valid.
The SEC is completely aware as to what Kirkland has done and that he has committed fraud.... If the situation with OW was a going concern and there was something worth saving, the SEC would be all over this.
As Ziv told me today, OWC is a dead issue..there is nothing.....
Kirkland has not appointed a director in Israel as is required by law...why would he not do that if he was truly interested in the reclamation of the company....because he isn't and never has been... Reread the filing with the SEC and read all the things he claimed he would do and he has done nothing.
Kirkland is fighting for one thing..the ability to dump another 10 billion shares into the open market....that's it..all it has ever been about.
The court action in the Chancery court of Delaware...is dead and done with.
Assuming Kirkland has been truthful....how can he bring any action against himself if as he claims he owns everything..LOL
As to the proceeding with the insolvency court in Israel on July 5.2021...If Kirkland doesn't send legal representation and defend against the pleadings of Ritterband and Turner there will be a default judgement rendered in OWC Israel's favor.
If Kirkland does send legal representation then in fact he will be there based on false information and fraudulent activity he perpetrated...So DGF will almost certainly be a no show.
So what does all this mean.... It means that DGF controls nothing and Ziv is still technically in charge of the Israeli company.
The U.S. entity that DGF controls is an empty shell that contains the shareholder base.
Everything of value is contained in the Israeli company and that includes the debt.
Ask yourself this..if DGF really was interested in moving the company forward why have they done absolutely nothing except to file fraudulent documents with the SEC and the court(s)? Dead silence from them for over 2 months.
On July 5.2021....the court will award the Israeli company everything it has asked for....
The Company OWC...as of now is a dead company...with no future..sorry to say...and the only hope for shareholders is for Kirkland/DGF to sell the shell to Michael Feldenkrais which so far he has refused to do.
MF will pay off the debts of the company and take control of it's IP with the default judgement coming this July.
As far as current OW shareholders, OWC shareholders stay locked in that empty U.S. shell until it is brought back to life by being purchased ...and if for example CATV was to gain control of it..then OWC shares would be exchanged at an appropriate ratio and OWC shareholders would now be CATV shareholders.
If the shell lays dormant then those OW shares are also dormant with little to no value.
I am also privy to some other information as to what is happening with CATV and OW's IP..as far as the creme
Turner and Feldenkrais are partners in a few ventures and things are moving forward nicely.
CATV is waiting for the NASDAQ to approve MJ lisitings on that exchange.
Right now there are bills before the house and the senate dealing with the legalization issue in the USA.
it's coming....
Once that happens there will be a name change and uplisting to the NASDAQ that will involve a reverse split...and then off the new company goes...
MF is building a company poised for the future...
It is expected that CATV will start selling the OWC derived creme in S. America shortly! MF has already developed the new formulation.
I am optimistic that this nightmare that Bignitz created can still have a positive outcome for OWC shareholders....Kirkland's hand has been all but played out and he has his back against the wall.
He'll be lucky to not be sanctioned by the SEC and the courts for some of the things he has done.
I am so tired of reading the complete and utter bullshit being written by the braindead clowns on IHUB and that is why I asked for my account to be closed there.
Phenix, Iglow, Crablover, Fat Tire, Blueskys...and more..all of them are imbeciles who have no basis in reality.....
It's not even entertaining anymore...it's just sad.
The following post will provide an update for those wanting to know the truth and facts as to the current status with OWCP.
Earlier this year DGF filed documents with both the SEC and the Chancery court in Delaware which among other things claimed that DGF was now in control of the entire company and had removed the director(s) from the Israeli side. (Turner/Ritterband)
I have repeatedly pointed out that without a proxy vote or amendment of the AOR these changes could never have taken place and were not legal.
March 23rd the filing from the Chancery Court was made public and the pleadings in this document gave OWC Israel 30 days to respond otherwise a default judgment would be awarded to DGF.
There has been no new information published with regard to this filing and we are now post 65 days .... and no default judgement.
If you have read my previous posts I said immediately after the claims from DGF were made public that both the filing with the SEC and the pleading in the Chancery court were not valid and in fact were fraudulent.
DGF doesn't own one common share of OW and the preferred shares have not been converted.
Essentially DGF is nothing more than a creditor...
Kirkland tried his bs and as he was warned by Ziv that this would go nowhere...that is exactly what has happened.
Ziv has heard not a peep out of Kirkland or for that matter Mr. Kugelman for at least 2 months.
Turner and Ritterband went along with Kirkland's ruse and basically told Kirkland..you want the company...it's your..take it and they walked away..
Kirkland's claim he removed and appointed a new director is not valid.
The SEC is completely aware as to what Kirkland has done and that he has committed fraud.... If the situation with OW was a going concern and there was something worth saving, the SEC would be all over this.
As Ziv told me today, OWC is a dead issue..there is nothing.....
Kirkland has not appointed a director in Israel as is required by law...why would he not do that if he was truly interested in the reclamation of the company....because he isn't and never has been... Reread the filing with the SEC and read all the things he claimed he would do and he has done nothing.
Kirkland is fighting for one thing..the ability to dump another 10 billion shares into the open market....that's it..all it has ever been about.
The court action in the Chancery court of Delaware...is dead and done with.
Assuming Kirkland has been truthful....how can he bring any action against himself if as he claims he owns everything..LOL
As to the proceeding with the insolvency court in Israel on July 5.2021...If Kirkland doesn't send legal representation and defend against the pleadings of Ritterband and Turner there will be a default judgement rendered in OWC Israel's favor.
If Kirkland does send legal representation then in fact he will be there based on false information and fraudulent activity he perpetrated...So DGF will almost certainly be a no show.
So what does all this mean.... It means that DGF controls nothing and Ziv is still technically in charge of the Israeli company.
The U.S. entity that DGF controls is an empty shell that contains the shareholder base.
Everything of value is contained in the Israeli company and that includes the debt.
Ask yourself this..if DGF really was interested in moving the company forward why have they done absolutely nothing except to file fraudulent documents with the SEC and the court(s)? Dead silence from them for over 2 months.
On July 5.2021....the court will award the Israeli company everything it has asked for....
The Company OWC...as of now is a dead company...with no future..sorry to say...and the only hope for shareholders is for Kirkland/DGF to sell the shell to Michael Feldenkrais which so far he has refused to do.
MF will pay off the debts of the company and take control of it's IP with the default judgement coming this July.
As far as current OW shareholders, OWC shareholders stay locked in that empty U.S. shell until it is brought back to life by being purchased ...and if for example CATV was to gain control of it..then OWC shares would be exchanged at an appropriate ratio and OWC shareholders would now be CATV shareholders.
If the shell lays dormant then those OW shares are also dormant with little to no value.
I am also privy to some other information as to what is happening with CATV and OW's IP..as far as the creme
Turner and Feldenkrais are partners in a few ventures and things are moving forward nicely.
CATV is waiting for the NASDAQ to approve MJ lisitings on that exchange.
Right now there are bills before the house and the senate dealing with the legalization issue in the USA.
it's coming....
Once that happens there will be a name change and uplisting to the NASDAQ that will involve a reverse split...and then off the new company goes...
MF is building a company poised for the future...
It is expected that CATV will start selling the OWC derived creme in S. America shortly! MF has already developed the new formulation.
I am optimistic that this nightmare that Bignitz created can still have a positive outcome for OWC shareholders....Kirkland's hand has been all but played out and he has his back against the wall.
He'll be lucky to not be sanctioned by the SEC and the courts for some of the things he has done.
I am so tired of reading the complete and utter bullshit being written by the braindead clowns on IHUB and that is why I asked for my account to be closed there.
Phenix, Iglow, Crablover, Fat Tire, Blueskys...and more..all of them are imbeciles who have no basis in reality.....
It's not even entertaining anymore...it's just sad.
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