OWC Pharmaceutical Research Corp. Letter to Shareholders for Upcoming Proxy Voting

About this update from Owc Pharmaceutical Research Corp

OWC Pharmaceutical Research Corp. Letter to Shareholders for Upcoming Proxy Voting /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } OWC Pharmaceutical Research Corp. Letter to Shareholders for Upcoming Proxy Voting Shareholders meeting is set for Aug 31st, 2020. The proxy includes proposals for a reverse stock split and authorizing additional shares of capital stock. PR Newswire PETAH TIKVA, Israel, Aug. 19, 2020 PETAH TIKVA, Israel, Aug. 19, 2020 /PRNewswire/ -- OWC Pharmaceutical Research Corp. (OTCQB: OWCP) ("OWCP") announced that, on Aug 31, 2020, the company will be holding a shareholders meeting to vote on a Reverse Split ("R/S") and increasing the Authorized shares ("A/S"). Dear Shareholders, During June of 2020, I returned to the Company as the CEO of OWCP and as Chairman of the Board, at the request of Mr. Ohad Amir and Mr. Zvi Riterband. Both were nominated by the previous management team with a mission to salvage the Company from its difficult financial position. The Company had selected to file a Form 15 with the Securities and Exchange Commission ("SEC") suspending its periodic reporting requirements and the termination of registration. After my return, to the Company, management decided to change that strategy and concluded that it was in the best interest of everyone to continue as a reporting company. Efforts would be made to pursue new equity investments. Therefore we filed a Form 15/A with the SEC to continue trading. OWCP and its wholly-owned Israeli subsidiary One World Cannabis, Ltd. will continue in medical cannabis-based research and development, applying conventional pharmaceutical research protocols and disciplines to the field of medical cannabis, with the objective of establishing a leadership position in the research and development of medical cannabis therapies, products and delivery technologies. After six years, I'm excited to announce, again, that on March 31, 2020, the U. S. Patent and Trademark Office granted the Company a patent for its CANNABIS-BASED EXTRACTS AND TOPICAL FORMULATIONS FOR USE IN SKIN DISORDERS, no. US 10.603.301 B2. Details of the event and additional information wil...

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