About OWC Pharmaceutical Research Corp. OWC Pharmaceutical Research Corp., through its wholly-owned Israeli subsidiary, One Word Cannabis Ltd., (collectively "OWC" or the "Company") conducts medical research and clinical trials to develop cannabis-based pharmaceuticals and treatments for conditions including multiple myeloma, psoriasis, fibromyalgia, PTSD, and migraines. OWC is also developing unique delivery systems for the effective delivery and dosage of medical cannabis. All OWC research is conducted at leading Israeli hospitals and scientific institutions, and led by internationally renowned investigators.
Recent news: OWC Pharmaceutical Research Corp Signs Agreement With US Partner for Funding in Advance of Future Royalties PR Newswire "Press Releases US - English" PETACH TIKVA, Israel, September 30, 2016 /PRNewswire/ -- OWC Pharmaceutical Research Corp. (OTCQB: OWCP), ("OWC" or the "Company"), an Israeli-based developer of cannabinoid-based therapies targeting a variety of different medical conditions and disorders, today announced it signed an agreement for $300,000 with Medmar LLC ("Medmar").
Lots of hype here on other boards. Looks like a massive pump job in progress. As always, sell the rips, don't get suckered in at the tops.
Couple of 100,000 blocks moving through pretty regularly, lots of churn here above 2.5c which is important today.
What a rocket ship! But, higher price levels, lower volumes... pull backs due to profit taking happen a lot here. Lock in profits and wait for the next opportunity!
8K was filed 10/14. Clearly stated....All convertible debt has been paid off. OWCP is now toxic debt free. No dilution!
A look at the longer term chart here, longer term being 1yr in this case. Yes, I know, that is not really long, but in penny land it is. There was a lot of chop back in 2015 and the area above 25c was not really cracked, so that is the initial resistance to watch here.
It seems that OWCP woke up again. A lot of action these days. Interesting ! SJ That was a great find. From 0.003 to 3.2 in 5 Months !! and now still not dead and flat as seen so often..
Bullish technical indication: MACD goes green, Bullish cross in Stochastic oscillator and RSI stands at 47.809 level with positive bias. Target: 2.58. http://www.allotcbb.com/quote.php?symbol=owcp
Bullish technical indication: MACD goes green, Bullish cross in Stochastic oscillator and RSI stands at 50.138 level with positive bias. a potential breakout play above 2.2063. http://www.allotcbb.com/quote.php?symbol=owcp