Optec International Inc (OPTI)

[tdbowieknife]

Lying Roger Pawson refused to let them convert so they could sell the stock.

Looks like Roger did indeed commit more fraud with the recent filings.

34. During the relevant time period and as set forth herein, the Defendants, jointly and severally, singly and in concert, directly and/or indirectly, published and disseminated false, deceptive and untrue statements of material facts to the Plaintiff in connection with the offer, purchase and/or sale of OPTI securities.

35. During the relevant time period and as set forth herein, the Defendants omitted material facts, with a duty to disclose such material facts, which a reasonable investor would require in order to make its investment decision, and in order to mislead the Plaintiff in connection
with the offer, purchase and/or sale of OPTI securities.

36. During the relevant time period and as set forth herein, the Defendants made misrepresentations of material fact, and/or omitted material facts while a duty to disclose the same, which a reasonable investor, including the Plaintiff, would require in making its investment decision, and upon which it relied, to its detriment.

87. The actions of the Defendants described herein constitute fraud and deceit, including but not limited to the following:

a) the Defendants made false representations of material facts, and/or omitted material facts with a duty of disclosure, knowing or having reason to know of their falsity;

b) the Defendants made said misrepresentations and omissions for the purpose of inducing reliance from the Plaintiff; and

c) the Plaintiff did rely upon said misrepresentations and omissions, to its detriment.

88. As a direct and proximate cause of the Defendants’ fraud and deceit, the Plaintiff has suffered irreparable harm, and general, special, and consequential damages, including, but not limited to, loss of profits, interest, and other damages, injuries, and losses, to its detriment.

COUNT X - NEGLIGENT MISREPRESENTATION
(as to both Defendants)

89. The Plaintiff reasserts Paragraphs 1 through 88 of the Complaint, together with Exhibits, and restates and incorporates them herein by reference.

90. The conduct of the Defendants as described herein constitutes negligent misrepresentation in that the Defendants negligently provided the Plaintiff with erroneous and misleading information, and negligently omitted material information with a duty to disclose, to the Plaintiff’s detriment.

91. As a direct and proximate cause of the Defendants’ negligent misrepresentations, the Plaintiff has suffered irreparable harm, and general, special, and consequential damages, including, but not limited to, loss of profits, interest, and other damages, injuries, and losses, to its detriment.

...

94. The conduct of the Defendants as described herein, constitutes unfair and deceptive trade practices, under M.G.L. c. 93A, §§ 2 & 11, including but not limited to that the Defendants:

a) executed the Warrant and the Transaction Documents with full knowledge and understanding of the Defendants’ obligations to the Plaintiff, as evidenced by its previous completion of said obligations in the Note Settlement Agreement, and as evidenced by its refusal to honor the Warrant and the Transaction Documents;

b) by the Note Settlement Agreement, fraudulently induced the Plaintiff to invest in the Company and dismiss the Prior Litigation, and thereby breached theirpromise to honor their contracts with the Plaintiff;
c) by the Note Settlement Agreement, the Warrant, and the Transaction
Documents, fraudulently concealed from the Plaintiff the full and complete financial and operational details and prospects of the Company in inducing the Plaintiff to execute Note Settlement Agreement and the Transaction Documents, in dismissing the Prior Litigation and refusing to honor its investment in the Company;

d) knowingly concealed these activities from Auctus, to its detriment; and/or

e) violated the requirements, terms and conditions of existing statutes, rules and regulations meant for the protection of the public's health, safety or welfare.

https://drive.google.com/file/d/1-UMyVePWmB_PO6rl1AsrI_2bVhOhu87M/view


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Buyer Beware






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