Optec International Inc (OTCMKTS: OPTI) is heating up fast and running northbound in a hurry once again emerging as one of the hottest penny stock of 2020. Just this past summer OPTI saw a historic rise to highs of $0.195 and after months of choppy waters OPTI looks like it is one again ready to do big things as the annual shareholder call via Zoom comes early this week. Optec is currently finalizing the logistics portion of the recent $2B PPE purchase order and is anticipating completion by the end of the month.
Optec management has been working hard behind the scenes recently stating the Company plans to up-list to the QB in the beginning of Q1 and to Nasdaq at some point in the later part of 2021 or early 2022. OPTI has got some big names on board including Dr. Drew Pinsky who will help to open up increased distribution opportunities as well as Kevin Harrington who is launching a nation-wide Campaign for the iWandä. OPTI traded over $9 millin in dollar volume on Friday alone, regaining an energy investors have not seen since the stock hit $0.195.
Optec International Inc (OTCMKTS: OPTI) located in Vista, California, is driven by a strong passion for providing green technologies for the continued worldwide reduction of fossil fuel usage and greenhouse gas emissions. In addition to pollution, there is now a global need for increased sanitization and disinfection for the safety of the world’s population. OPTEC’s UV-C LED technology falls directly in line with the company’s main goal towards global sustainability. Eliminating the use of harmful chemicals such as bleach, ozone, and ammonia, UV-C provides a better, safer clean environment. Our mission is to provide an effective, proven, non-toxic cleaning solution that protects people from harmful bacteria and ultimately prevent illnesses and diseases. Safety, effectiveness, and ease-of-use are all factors of our product design and engineering.
When exposing microorganisms to UV-C light, the light penetrates through their cell wall and disrupts the structure of their DNA molecules – prohibiting reproduction. By deactivating the DNA of bacteria, viruses, and other pathogens, it destroys their ability to multiply and cause disease. Specifically, UV-C light causes damage to the nucleic acid of microorganisms by forming covalent bonds between certain adjacent bases in the DNA. The formation of such bonds prevents the DNA from being unzipped for replication, and the organism is unable to reproduce. In fact, when the organism tries to replicate, it dies.
Optec was among the first Companies to make moves in the coronavirus space as the deadly virus spreads around the world. Long before corona came along Optec had already perfect its high quality (Ultra-Violet) UV-C & UV Germicidal Non-Toxic Sanitization and Disinfection using Chemical Free technologies and products. The Company launched a number of exciting products into the space some that have been extremely successful such as the iWand; a portable UV-C LED disinfection device that Kills 99.99% of bacteria, viruses, and other contaminants on any surface in seconds. Optec has also executed a number of large wholesale transaction quantities of 3M KN 95 masks and other PPE equipment. Optec recently executed a definitive agreement for the supply of Brand Specific Personal Protection Equipment (PPE) products for a large International Commodities Consortium totaling in excess of $2 Billion Dollars US.
OPTI management recently stated: “We closed a $5,000,000 funding deal with RB Capital Partners, Inc., creating a solid financial foundation for growth in the coming year. As of today, RB Capital has funded $4,600,000 of the $5,000,000 deal with Optec. The primary use of funds has been for the iWandä production and distribution in addition to financing the PPE deal. The funding partnership not only signifies the support of a long-term financial partner, but also indicates that we have paid off all other harmful debt. The investment money provided by RB Capital is completely non-toxic, non-dilutive and is in the best interest of the Company and the shareholders as the it has a fixed conversion price of $0.70 per share.
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We surpassed our previous quarter’s income and revenue by over 600% for the period ending September 30, 2020. The Company surpassed its $4,000,000 projection for the quarter ending September 30th and, in fact, showed revenue and income totaling $6,284,609 and a net income of $3,381,730. In addition, the Company has paid in full all previous convertible institutional notes and the interest and liabilities associated with those notes. We project an increase in revenue over last quarter for Q4.
Earlier this month Optec stated the news disseminated by M2 Communications and abnewswire.com regarding OPTEC International signing deals with large retailers was unauthorized. The Company has authorized counsel to immediately research the actual authoring source of the news release and take both legal and regulatory action against all involved parties. Moreover, the Company will comply with all regulators regarding the release of false and misleading information.
OPTEC International, Inc. takes all preventative measures to ensure information disseminated to the shareholders is accurate and substantiated. The Company uses Access wire for its press release dissemination and is a fully transparent company by filing its 10Q’s, 10K’s and 8K’s with OTC Markets and/or Securities and Exchange Commission and has a dedicated investor relations person.
On December 17 Optec announced it will be holding the annual shareholder call via Zoom on December 29, 2020. The purpose of the call is to provide a year-end update of the company’s progress and growth and answer pending questions to provide clarity and future expectations to our shareholders. The Company will post the call-in details via press release and on the website prior to the call. Furthermore, an audio copy of the shareholder call will be published on www.Optecintl.com for the benefit of shareholders who cannot attend on December 29, 2020 will still be able to hear all that will be discussed.
CEO, Roger Pawson, stated “We have decided to schedule the annual shareholder call at the end of this month to review the company’s 2020 overall status. Please email your questions to: Investor@optecuvc.com and we will address as many of the questions as we can during the call”.
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OPTI is heating up fast and running northbound in a hurry once again emerging as one of the hottest penny stock of 2020. Just this past summer OPTI saw a historic rise to highs of $0.195 and after months of choppy waters OPTI looks like it is one again ready to do big things as the annual shareholder call via Zoom comes early this week. Optec is currently finalizing the logistics portion of the recent $2B PPE purchase order and is anticipating completion by the end of the month. Optec management has been working hard behind the scenes recently stating the Company plans to up-list to the QB in the beginning of Q1 and to Nasdaq at some point in the later part of 2021 or early 2022. OPTI has got some big names on board including Dr. Drew Pinsky who will help to open up increased distribution opportunities as well as Kevin Harrington who is launching a nation-wide Campaign for the iWandä. In a recent update management stated: “We surpassed our previous quarter’s income and revenue by over 600% for the period ending September 30, 2020. The Company surpassed its $4,000,000 projection for the quarter ending September 30th and, in fact, showed revenue and income totaling $6,284,609 and a net income of $3,381,730. In addition, the Company has paid in full all previous convertible institutional notes and the interest and liabilities associated with those notes. We project an increase in revenue over last quarter for Q4. OPTI traded over $9 millin in dollar volume on Friday alone, regaining an energy investors have not seen since the stock hit $0.195. We will be updating on OPTI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with OPTI.
Disclosure: we hold no position in OPTI either long or short and we have not been compensated for this article.
Bryan White
December 29, 2020 at 6:03 pm
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