One World Products Inc (QB) (OWPC) ニュース

Well, no sign of any conversions and we are 5 days out. I guess expecting an 8-k is too much to ask. Thomas mentioned that no one wants to help out someone at the bottom and that sometimes you just have to do it yourself. Maybe that's what he did.

https://media4.giphy.com/media/kIVVupOM0VoW3bNuU7/giphy.gif?cid=6c09b952a8wkvsa7qrmsfrgtjsk2td2p9pidwjk21v4yg2om&ep=v1_internal_gif_by_id&rid=giphy.gif&ct=g

Number of Outstanding and restricted shares updated and show an increase

Yeah January 19th is quickly approaching. I have given up on trying to predict when or what Isiah is going to do, I just hope they start generating revenue quickly and get this stock price up. I keep reminding myself that Isiah and Perego have invested a good chunk of change each in this stock at a much higher cost average. Now that Isiah has control I am hoping he steps on the gas here. I have lowered my cost average down significantly to about .03 and have about 2 million shares. Hoping for a good 2025 with this stock.

Nasdaq? $4.00 a share? Seriously? HTF does he even spew that BS with a straight face? 1.6 million in notes will reach maturity in 14 days. Unless they take major action quickly, this will be lucky to hold .005 with the conversions.

I am inclined to believe Isiah had something big to get the majority shareholders to relinquish control and give Thomas voting rights but damned if I can see it saving this from some serious pain in the short term.

Hope for the best, expect the worst. SMH

Imo now that Isiah has full control of the company, things will start happening rather quickly. I am finally seeing a sense of urgency somewhat and from his own words, he wants this company to be successful badly. Seems like his champagne business is doing great and hoping his focus goes completely to this one. Float in this stock is tiny and is at the bottom price wise. Won’t take much positive to get this moving north. He wants nasdaq he says and we know what is necessary for that to come to fruition. Obviously we shall see as nothing seems to happen quickly with this one.

Great to see he is actively talking about OWPC and a decent PR article even it's a random sports site. We need some real PR news and updates to get this out of the .02 penny slump. Consistent volume but it's dead weight. Thoughts? 

https://www.essentiallysports.com/nba-legends-basketball-news-isiah-thomas-announces-debut-into-three-point-five-trillion-dollar-industry-after-massive-success-with-champagne-brand/

Got a hold

There is no change in the share structure. I was surprised considering the volume last week.

Anyone else having trouble getting through to ir? Is ClearThink Capital still their ir firm? Think they are still listed on OTC markets and one world website.

Lot of updates happening both on one world products website and otc markets. Maybe, just maybe, we will start making some head way with both the company actually accomplishing something (revenue) and the stock price exiting the toilet.

I am not a mod but I think that video deserves posting in the Ibox

Excellent video Jimmy, slow and steady wins the race.
He has the burn to take OWP to NASDAQ.
TTT
Things Take Time 😉

“A key focus this quarter has been enhancing the financial reporting processes at One World Products, significantly advanced by the streamlined procedures implemented by CFO, Todd Peterson. This effort underscores the Company's commitment to meet scheduled filings, marking a substantial step in strengthening its operational capabilities under Peterson's leadership.”

WOW, they are committed to meeting scheduled filings! How is this stock not up so much more with that news? That is really amazing!

On a side note, how did Timmy Woods last so long as CFO, did he do anything productive for the company?

https://www.otcmarkets.com/stock/OWPC/news/One-World-Products-Sets-New-Standards-in-Sustainability-With-Strategic-Hemp-Innovations?id=459428

One World Products Sets New Standards in Sustainability With Strategic Hemp Innovations
Press Release | 11/18/2024
LAS VEGAS, Nov. 18, 2024 (GLOBE NEWSWIRE) -- One World Products, Inc. (“OWP”) (OTCQB: OWPC), renowned for its innovative approach to eco-friendly materials, proudly announces significant progress that solidifies its influence in the rapidly expanding industrial hemp market. Celebrating the receipt of its first royalty payment, Isiah Thomas, Chairman and CEO of OWP, states: "Our strategic partnerships with industry giants such as Stellantis, Flex-N-Gate, Orbis, and West Michigan Compounding are pivotal as we drive forward the integration of green practices into mainstream markets. With their support, we are setting new benchmarks for what it means to operate responsibly within the automotive industry." OWP highlights its readiness to capture growing business opportunities and invites significant industry attention.

This significant progress coincides with the global industrial hemp market's projected growth, expected to reach $16.82 billion by 2030, expanding at a compound annual growth rate (CAGR) of 17.5% from 2024, as highlighted in a 2024 Grand View Research report. The surge in market value is largely attributed to hemp's expanding applications across a variety of sectors including automotive, construction, food and beverages, personal care, and textiles, reflecting its increasing integration into mainstream industries.

OWP's strategic initiatives have successfully penetrated high-growth areas, and the Company is currently finalizing another significant order for its pioneering hemp-based containers, reflecting strong market confidence in OWP's eco-responsible solutions. This development is bolstered by strategic collaborations with industry leaders, showcasing a collective move toward more sustainable industrial practices.

In the packaging sector, the push towards renewable materials accelerates as major companies pledge to reduce single-use plastics. OWP, in collaboration with partners like Orbis and Flex-N-Gate, offers viable, sustainable hemp-based packaging solutions that could dramatically reduce the ecological footprint of the packaging industry.

Leveraging insights gained from Isiah Thomas's extensive connections within the professional athlete community, OWP's Pro-11 wellness line caters to the increasing consumer preference for eco-friendly and health-conscious options, positioning OWP to capitalize on this lucrative market trend.

As OWP transitions from its earlier focus on Colombian cannabis operations to embrace new opportunities, the strategic shift ensures alignment with global sustainability goals and market demands. This change leverages OWP’s strengths in innovation and market responsiveness, fostering long-term growth and environmental integrity.

A key focus this quarter has been enhancing the financial reporting processes at One World Products, significantly advanced by the streamlined procedures implemented by CFO, Todd Peterson. This effort underscores the Company's commitment to meet scheduled filings, marking a substantial step in strengthening its operational capabilities under Peterson's leadership.

With robust industry backing and clear strategic directions, OWP invites investors and stakeholders to join as it ascends to new heights in these dynamic sectors. Positioned at the forefront of the green materials revolution, OWP presents a compelling opportunity for those committed to innovation and sustainability.

10-Q filing
https://www.otcmarkets.com/filing/html?id=17977829&guid=IlY-kaeVnmKVh3h

6 days ago Isiah finally gained control of the company. Maybe now he can do what he seemed to be moving toward in the first couple of years. A reverse merger with Isiah International. They just issued the shares for a move like that as well. His real estate assets alone are Immense.

Really the only hope for any significant move any time soon.

Change in Control

Effective November 8, 2024, there occurred a change in control of the Company. On such date, pursuant to the Thomas Agreement, the Company’s Chairman and Chief Executive Officer, Isiah L. Thomas, III, acquired all of the outstanding shares of the Company’s Series C Special Preferred Stock, which securities provide Mr. Thomas voting control of the Company. The consideration paid by Mr. Thomas for the shares of Series C Special Preferred Stock was Mr. Thomas’ forgiveness of $486,512 in accrued salary owed to him. As a class, the Series C Special Preferred Stock possesses 66.67% voting power of the Company.

👍️..

Yes! Finally!

Nibble,nibble down here.
Picked a bunch on ask this morning.
Thinking seller will be gone soon.

OTCN continuing to sit on the ask

Looking good

Really surprised that Isiah has gotten a PO in the automotive space quicker than they could produce CBD. That is actually hard to believe!

Agreed nice to see finally any news, updates even if it’s just 1400 units. Curious the revenue per item and how much money it actually cost to ‘develop’ the packaging. Would be great if news and updates started flowing more regularly, time to get this moving.

https://ih.advfn.com/p.php?pid=ihm_newsArtView&article=94718604&symbol=NO%5EOWPC&hl=1

Nice work Isiah

Filing a certificate of designation offers several positive reasons for a company:

Creation of Preferred Stock: It allows a company to establish different classes of stock, often with specific rights and preferences, such as dividends and liquidation priorities.
Attracting Investors: Preferred shares can be more appealing to certain investors, offering fixed dividends and reduced risk compared to common stock.
Flexibility in Financing: Companies can raise capital without diluting the ownership of existing shareholders, as preferred stockholders typically do not have voting rights.
Tailored Terms: A certificate of designation enables the company to set specific terms for the preferred shares, such as conversion rights, redemption options, and dividend rates.
Enhancing Creditworthiness: Issuing preferred stock can strengthen a company’s balance sheet, making it more attractive to lenders and investors.
Facilitating Strategic Partnerships: It can facilitate negotiations with strategic partners by offering customized equity stakes that align with partnership goals.
Regulatory Compliance: Filing ensures compliance with state laws governing the issuance of stock, providing legal protection and clarity.
Future Growth Opportunities: The structure created can allow for easier adjustments in capital structure as the company grows and evolves.
Market Perception: Successfully issuing preferred stock can enhance the company’s reputation in the market, signaling stability and financial acumen.
Exit Strategies: It provides flexibility in exit strategies for investors, including potential buyouts or public offerings.
These benefits can help a company optimize its capital structure and align its financial strategy with its overall business goals.

It can indicate that a company is raising capital, possibly to fund growth initiatives.

Companies file a Certificate of Designation to establish the rights, preferences, and limitations of a specific class or series of preferred stock. This document outlines details such as dividend rates, voting rights, and liquidation preferences, allowing companies to attract investors by offering tailored investment terms. It also provides legal clarity and protects both the company and its shareholders by clearly defining the terms associated with the preferred stock.

https://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0001622244

https://www.sec.gov/Archives/edgar/data/1622244/000149315224038627/0001493152-24-038627-index.htm

Now doing business as OWP SAS. Also OWP Plastico SAS. They may be about to come out of this restructure in good shape. They aren't saying anything about it, but they don't have to, they have deconsolidated until the effective date. They did say in the filings that the new company and the balance sheet will not resemble the old company.

Alright back to work.

https://www.halconesypalomas.com/2024/09/11/exbasquetbolista-de-la-nba-isiah-thomas-compro-otra-firma-de-cannabis-en-colombia-le-compro-a-ruso-ex-lukoil-petalo-pharmaceuticals-en-boyaca/

Dilution time…OTCN has been sitting on the ask all week

I just had to step away. The shareholder letter before this one said 4th quarter before any expected operations. They weren't saying shit. I haven't had much to say but I haven't sold a share in over a year, I added 350k at a .035 average on the last dip.

I had to go back to work after 5 1/2 years of living off trading! That was tough but the OTC market went to hell and that's all I have ever traded, all I knew. I have been caught up in rebuilding a business for the last year or so I can't post all day like the old days.

Just waiting to see what happens here.

Hopefully, they start talking more as promised in the letter and more important maybe they finally start making some damn money!

@sello is a con man

Rise from the ashes?

$OWPC Nice to see, thanks for posting!

Shareholder update

Shifting Operational Strategy in Colombia and Ramping Up Other Initiatives in Order to Accelerate the Timeline to More Significant Revenue


LAS VEGAS, NV , Sept. 11, 2024 (GLOBE NEWSWIRE) -- One World Products, Inc. (the “Company,”) (OTCQB: OWPC), a fully-licensed hemp and cannabis producer, is pleased today to provide the following shareholder update letter.
Dear Valued Shareholders,
I write to you today with a deep sense of gratitude, pride, and optimism. Gratitude for the unwavering dedication of our employees, partners, and shareholders in supporting our journey so far, and great optimism for the promising path ahead. Director Ken Perego and I remain aligned with our shareholders, having invested $5 million of our personal funds into One World Products . Though our progress has been slower than anticipated, we believe strongly in the foundation we have built and are confident in our strategy for generating and scaling revenue.
Automotive Industrial Hemp Update:
The automotive industry presents a substantial opportunity for us, particularly as global OEMs target to incorporate 200 pounds of renewable materials per vehicle. Our focus is on leveraging industrial hemp to replace plastics and additives in automotive applications. To drive this initiative, we have assembled a team of experienced material and application engineers with over 60 years of combined expertise at Stellantis.
We stand apart from many hemp startups by offering validated products that have passed rigorous tests with our container partner, ORBIS Corporation , and tier-one supplier, Flex-N-Gate , both suppliers to Stellantis. Through our strategic partnership with West Michigan Compounding, our materials can now be molded into automotive component containers. We are also working on substituting mica with hurd powder in protective plastic wraps used for shipping, replacing glass fiber in brackets, and enhancing decorative components in automotive interiors. With these innovations, we remain optimistic about securing purchase orders in the near future.
Pro-11 Update:
Pro-11, our premium CBD-enriched muscle rub, continues to receive excellent feedback since its launch. The product’s success is a testament to its high-quality blend of CBD, essential oils, and natural extracts. As we continue to refine the Pro-11 brand, we are expanding our product offerings, enhancing packaging, and strengthening our distribution channels. Through strategic partnerships, we are poised to scale operations both online and in retail, catering to the growing demand for natural wellness solutions. Our focus on refining brand identity and improving customer experience will further elevate Pro-11’s market presence.
Management and Operational Team Update:
We are thrilled to welcome Chris Wolven to our operational team. With over 10 years of experience in the cannabis industry, Chris has successfully scaled operations in previous roles, reaching revenues of up to $30 million annually. Since joining One World Products , Chris has quickly become an integral part of the team, bringing valuable insight and strategic contributions across multiple facets of the business. His work has already helped us improve operational efficiency, streamline processes, and lay the groundwork for sustainable growth. Additionally, we have refined our management structure to enhance overall efficiency, reduce overhead, and position the Company for long-term success.
Colombian Operations Update:
As we continue to refine our initiatives and operations in Colombia , we are pleased to announce the acquisition of Petalo Pharmaceutical SAS. This acquisition complements our transition to an asset-light model, allowing us to focus on operational efficiency while reducing overhead and capital expenditure. Our strategy leverages new and existing partnerships and resources to ensure flexible and scalable growth as market conditions evolve.
We remain committed to diligently managing all aspects of our current and future operations, ensuring that we adapt to changing circumstances while preserving capital. By optimizing our approach and focusing on sustainable growth, we are positioning the Company to seize emerging opportunities and strengthen our foundation for long-term success.
On the capital markets side, we will ramp up efforts to increase visibility and attract new shareholders through press releases, conferences, roadshows, and investor calls. We look forward to keeping you updated as we continue to execute on our strategic initiatives.
Sincerely,
Isiah Thomas

Joerg Sommer and Isiah Thomas are nowhere to be found what the hell is going here out of business? a scam? bankruptcy? .. my god all these years

Pistons

Fred massat

President of Knicks…disaster

Walked off court early

Swept by bulls

NBA tv

Isiah international

Phoenix Suns

Kevin durant