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Yessssss
Oh. I read that wrong.
Haven’t heard from him so it would be nice to get some sort of update.
I imagine he’s busy with the latest Q which is due out soon.
Is this a rumor ? Why would you say this ?
You do realize there is a whole other ‘team’ involved including a new company that have earned awards etc. Sounds like you’re implying they are all in on a ‘scam’.
50-50
I sold a little in the 6’s but still have a lot from February / March of last year. Also I averaged up big time. So I stare at my original purchase and like a gambler, fixate on the winnings (not the losing). But I haven’t sold and I agree something will come. But as someone else said here, it’s damn frustrating with radio silence or news from India (not US). That was just a nothing burger. And now he’s coming back from Iraq. I’m assuming he’s busy with the Q coming up. And I hope it’s as good if not better than prior Q. Next Q will be a lull but again I think it will pick back up in two quarters from now (which we won’t see til early next year).
I know there are shenanigans going on.
Again. Just venting. I didn’t think this would touch 1 again. The fact that speed connect revs are on the sheet should have prevented this. IMO
Welp. Looks like we’re going under a penny. Steve you are supposed to be looking out for shareholders here. Hard to keep seeing this fall and not hearing any concrete updates from the company and stay positive.
Imagine if it was just a prop and wasn’t Bougainville
I’d settle for any sort of update and near term plans for something. Anything (except India)
What excuses ?
I see April in the audited statement. But I remember reading they started up somewhere in February. Nevertheless, the sales probably didn’t start after April May. Even more incredible in a 8 month time frame.
Double thumbs up
Exactly. They actually started in February but same point.
Catalyst has commenced. Hopefully the start of a good uptrend.
Fry shorties.
I think what he meant to say was there have been no conversions into the common shares. They have a 1-2 year time frame before they ‘can’ be converted.
The blurb that also needs more details is the issuance of more shares should the pps be less than 10 cents. I’m assuming that is also if / when the shares convert.
I hear ya. Something doesn’t make sense. And it’s the waffling and constant complaining here. Contact frank or investor relations if they are sour about the price. I too am not happy but whatdaya gonna do. I’ll patiently wait for more details. And I hope we get some info on more testing lab sites as this isn’t over
Yes. There are two methods just looking at revenues. There are several methods and profits is another method.
This company is in its infancy and I by no means would just use profits as a determination of value. I look at sales and how they increase over time. There are quite a few companies I’m sure you are aware of that hasn’t had profits for a very long time. I’m not saying Opti equates to those but in otc and startup land, $59 million in revenue in their first year of operation if big. Profit is icing on the cake.
Of course I am referring to weshield. You seem confident audited results won’t come for Opti. I can wait and see … again
I just linked the audited results.
$59+ million in sales in its first year of operation. Pretty impressive to me.
https://optecintl.com/wp-content/uploads/WeShield-Audited-Financials-2020.pdf
Page 3
Profit of 7+ million in its first year.
You neglect the $59 million in sales.
It’s about revenue and sales. Company valuation is based on revenues.
Not sure how that is spinnable
“WeShield, a wholly-owned subsidiary of OPTEC International, Inc. (OTC PINK:OPTI), posting Q1 & Q2 total revenues of $40 million with EBIDTA of $6.7 million, or 17% of revenue.
Audited financials in 2020 for WeShield were recently released, showing the Company generated $59 million in revenue with an EBIDTA of $5.6 million or about 10%. The Company reports heavy growth in both the PPE and medical supply sectors.”
Are you saying the auditors misspoke?
Thank youuuuu
Is this the retrace people were talking about last week? ;)
Anyone know what happened last Friday at their development meeting ?
Let’s concentrate to QB first
The ‘talk’ was share buyback (which is doubtful that will happen) from proceeds of $2 billion deal.
Roger has claimed 200 million in revenues this year (whether that be their corporate year or calendar not sure)
But ~100 mil from weshield and 100 mil from the 2 Bil deal. Give it take. That was the talk. With … 1.71 billion shares (in OS), that’s about 11.7cents at 1x earnings.
With weshield and pandemic coming back, they can continue adding to revenues.
That’s the talk. Let’s get QB first.
I only hope now this will not mutate into something a lot worse. Gonna be with us for a long time. And first mutation seems to be for the worse.
Good
Ten bucks says people still won’t listen.
Such a simple easy thing. Who know people would be so hurt on wearing a mask.
Honestly. I don’t believe what frank says … he’s been wrong and throws some vague comments before without follow through. IMO
And why do you think they currently take 48 hours?
Cmon weshield. Fulfil that 2 Bil order already !
It not going above 5. Someone is just selling a sht ton at 5 level.
With 100s of millions of unrestricted and the next wave when RB capital can unleash will again bring this down. Of course it will be timed with audit and maybe some other decent news but with all those shares … this thing is weighted.
Where’s that share buy back ?
Write to investor relations. Frank Benedetto.
https://tptglobaltech.com/stock-information/
This is just iHub. No one has a crystal ball here.
… reply at 3:59
He also just did another crazy 1000:1 reverse split.
Not just 9ish months ago he did a 10000:1 reserves split on rnva.
I had some shares prior to the reverse of the reverse split. I think it’s worth the weight of an electron in gold now.
That being said… those wouldn’t have been ‘free’ shares. They would be worth nothjng.
At least this new deal they are ‘profitable’.
Yahooooooooooo!
Hmmmmm
Average of all T trades ? (I’m somewhat joking).
That is a T trade. There isn’t after hours.
“To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
To execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.”
https://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/
It was a T trade. Wasn’t after hours.
Uhhh what ?