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Anyone here remember Most Offensive videos for com ?
Lucy and the nickel scene has me howling.
https://www.huffingtonpost.co.uk/entry/cbd-face-mask-coronavirus-stress_uk_5f7b46adc5b63a58a845c440
If it makes money and is within the product line, why not.
I don’t ‘feel’ his performance warrants 175k. But that’s now. 6 months ago everyone here was gung ho for him. Shows the fickleness of a crowd.
The man needs to get paid. I imagine no one here has worked for a startup or small early stage company (I’m not talking about something like a storefront that’s been around for a while). I’m sure he is doing many things that are required. The guy went to Iraq. I wouldn’t want to go there. But he’s doing things we are not aware of. Iraq is not some sort of place to go on vacation. So yes. I think 175k IS warranted. I think he’s working on things. Do I believe he made mistakes? Absolutely. But he still deserves a salary. 500 k probably not. But as you noted, he is not making 350k either.
Warren buffet. Really?
You’re kidding me
Can you point out where it says they have 350k salaries ?
I saw a 175k for st3 but can’t find any ring recent.
*should Is the proper word.
*should a long time ago too. Instead we had YouTube sensations thinking they were experts and claiming ‘it was just a flu’.
People are suckers. We will now have to live with this ‘just like the flu’.
I only hope it doesn’t mutate into some thing stupid aggressive because it was allowed to run rampant for so long.
Good luck to us
Live Nation
Nevada
5G in Texas?
If your complaining my single comment expressing frustration to the conjecture and multitude over and over swinging back and forth, there is no resemblance. Hope you’re able to get off the floor soon
And we are adults and can accept our risk of the choices we made. At least I can.
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