Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
yep, there’s an eviction lawsuit against OPTI HQ:
Commercial eviction: Case Summary:
Case Number: 37-2022-00023440-CU-UD-CTL
Case Title: BRE 1385 Park Center Owner LLC vs OPTEC International Inc
On 06/16/2022 BRE 1385 Park Center Owner LLC filed a Property - Commercial Eviction lawsuit against OPTEC International Inc. This case was filed in San Diego County Superior Courts, San Diego Central Courthouse located in San Diego, California. The Judge overseeing this case is James A Mangione. The case status is Pending - Other Pending.
Other key dates:
06/27/2022 summons issued.
06/28/2022 latest action: Application for Order to Serve Summons by Posting and Mailing.
Sources:
https://unicourt.com/case/ca-sd-bre-1385-park-center-owner-llc-vs-optec-international-inc-1149796#court-docs
https://roa.sdcourt.ca.gov
OPTI notice of late filing for 2Q2022:
Late, as usual… and as expected:
https://www.otcmarkets.com/otcapi/company/financial-report/343112/content
Reason: computer failure. Not kidding. That’s what it says.
VICA is also late, but no specific reason is given:
https://www.otcmarkets.com/otcapi/company/financial-report/343116/content
CBYI is still Pink Limited. No updates since 4/29/2022:
https://www.otcmarkets.com/stock/CBYI/disclosure
drive-by report on OPTI HQ inactivity:
Does anybody know what's going on with $OPTI (#optecintl)? I drove by the headquarters today. There weren't any cars in the parking lot. No trucks in the back either. It was around 2pm today and the yellow parking lot gates were down with a lockbox on the gates. 🤔 pic.twitter.com/LqeVSXMS6X
— Kebrik the Profit (@kebrik) August 9, 2022
Does anybody know what's going on with $OPTI (#optecintl)? I drove by the headquarters today. There weren't any cars in the parking lot. No trucks in the back either. It was around 2pm today and the yellow parking lot gates were down with a lockbox on the gates. 6:10 PM Aug 9, 2022
update on Nano Filter Inc. vs. OPTI lawsuit:
The case drags on… this document includes some creative arguments from Roger.
TENTATIVE RULINGS - August 04, 2022
EVENT DATE: 08/05/2022
EVENT TYPE: Discovery Hearing
CASE NO.: 37-2021-00019981-CU-BC-NC
CASE TITLE: NANO FILTER INC VS OPTEC INTERNATIONAL INC
http://www.sandiego.courts.ca.gov/v3tr/ViewRulings.aspx?CaseNo=2021-00019981&SelDates=08/05/2022&EventId=2864948
The document also mentions the writ of attachment against OPTI. Here it is:
https://drive.google.com/file/d/1NmLEDpOl5ku0OSpz0lvsQG13NQxbT7mT/view
(A Writ of Attachment is a court order that empowers a plaintiff to attach or seize the assets of a defendant until the legal case is finalized. The purpose of a writ of attachment is to prevent the defendant from disposing of the assets before a court judgment is issued.)
h/t tdbowieknife, here’s his 1/14/2022 post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167515245
Elysian Medical Distribution Inc. vs. OPTI & Roger:
Breach of contract filed 6/15/2022:
https://roa.sdcourt.ca.gov/roa
Case Title: ELYSIAN MEDICAL DISTRIBUTION INC VS OPTEC INTERNATIONAL INC
Defendant/Respondent:
- OPTEC INTERNATIONAL INC (Primary)
- PAWSON, ROGER
Case Number: 37-2022-00023366-CU-BC-NC
Case Location: North County
Case Type: Civil
Date Filed: 06/15/2022
Category: CU-BCW Breach of Contract/Warranty
12/02/2022: 10:00 AM N-28: Civil Case Management Conference - Complaint
Company website: https://www.elysianmdi.com
yes, please use “dilute-a-palooza” EOM
chart of OPTI share dilution since 1/2021:
Thanks for posting recent share info.
Here’s a chart of OPTI’s outstanding shares and unrestricted shares since January 2021: (scroll down for the 2nd tweet)
https://twitter.com/BrianWalton78/status/1548108805921116162
It’s a dilute-a-palooza!
confirmation: OPTI house for sale for $3,150,000:
https://www.zillow.com/homedetails/7961-Camino-De-La-Dora-Rancho-Santa-Fe-CA-92067/16731060_zpid/
$3,150,000 5bd 5ba 4,673 sqft
7961 Camino De La Dora, Rancho Santa Fe, CA 92067
For sale Zestimate®: $3,175,819
recent s/h tweets re: activity at OPTI warehouse:
Hey Brett , Hope all is well besides OPTI deal.
— Jaguar (@randy_rennon) July 9, 2022
Have you gone by the OPTI lately ? I have a few weeks ago and looks like 3 employees and 1/2 full warehouse
Zillow: OPTI house listing will be on 7/16/2022:
$3,150,0005 bd5 ba 4,673 sqft
7961 Camino De La Dora, Rancho Santa Fe, CA 92067
Coming soon: Jul 16. Zestimate®: $3,028,800
Thanks, tdbowieknife. EOM
OPTEC’s Twitter account is gone, since 6/29/2022:
https://twitter.com/optecintl “This account doesn’t exist.”
On June 29, posts by $OPTI Twitter and Stocktwits users said that OPTEC’s Twitter account was hacked, and then it disappeared.
The OPTEC Instagram account is still available. I don’t use Instagram, so I don’t know if any recent posts have been made.
https://www.instagram.com/optecintl/
6/1/2022 Brett Rosen video & George Sharp’s response:
I don’t vouch for either one of them. I’m just posting what I heard and read.
The interviewer tweeted the video here:
I get it but the interview wasn’t really about $OPTI and I feel I addressed it. Let me know if you want to ask me anything else!
— Brett Rosen (@BrettRosen325) June 3, 2022
George Sharp tweets re: Brett Rosen’s modus operandi:
George tweeted detailed info (including document screenshots) comparing OPTI to another Brett Rosen-connected company, ILUS. George explains how he thinks Brett operates: 20+ tweets are about OPTI (so far, since 5:53 PM on May 27, 2022): https://twitter.com/georgeasharp
(Reminder: Financeresearc4 got driven off Twitter months ago by Brett, when he exposed some of this info.)
Here’s George’s tweet that began his discussion re: OPTI:
The entire $ILUS "discussion" is identical to the one that occurred with $OPTI, @brettrosen325 (aka Brett Hackspacher) and all. Want to know how $ILUS is going to turn out? Go see $OPTI. 5:53 PM May 27, 2022
… The $5 million "premium to market" note was never intended to be converted, but was a kickback to Roger Pawson/$OPTI for the 130 million free trading shares @brettrosen325 received. Rosen sold off these unrestricted shares during the Front Page Stock promotion. 9:07 AM May 29, 2022
… Some of the proceeds from the 130 million $OPTI share sell off were also kicked back to Pawson/$OPTI, and on December 31, 2020, $OPTI reported having received a total of $3,850,000 from Rosen. 9:10 AM May 29, 2022
… While Rosen suckered the public to buy into the $OPTI "premium to market" note hype, he converted over 160 million shares at a $.0224 price. At the time, the stock was trading $.19 - $.23, making the conversion worth more than $30 million. 9:15 AM May 29, 2022
OPTI website stock price chart:
If OPTI had L2 quotes on OTCMarkets you would be able to see them like you can with this one. Anybody can if the service is enabled… Thats a service the OTCMarkets would charge Roger 3 grand for as its pick current. He has opted not to pay the money.
OPTI website says OTCQB and OTC Pink(?):
Why? OPTI is not OTCQB.
https://twitter.com/__TheBrownBoy__/status/1529501452623921152
… @optecintl updated their investor website, and their graph has $opti listed as OTCQB and OTCPink at the same time?
OPTI & VICA reports are now on OTCMarkets.com:
I don’t know why there was a delay.
Here are my previous posts for these reports, with links and comments:
OPTI: #88936: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168933178
VICA: #88938:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168933914
VICA Quarterly Report 3/31/2022:
I found this link by searching the web: https://www.otcmarkets.com/financialReportViewer?symbol=VICA&id=334297
Roger Pawson prepared this report as CFO. He’s also CEO and Director.
Note 2 - GOING CONCERN
The Company incurred net losses of $2,067 and $879,207 for the quarter ended March 31 2022 and year ended December 31, 2021 respectively, and has a retained deficit of $42,029,953. These factors raise substantial doubt about the Company's ability to continue as a going concern.
OPTI site visit by S/H on 5/20/2022:
FWIW. Believe this or not. (I think it’s likely true.)
Here is some first hand truth for everyone! Thank you @randy_rennon for taking the time to make that trip to @optecintl offices! $OPTI https://t.co/MdnKgNkH91
— Brett Rosen (@BrettRosen325) May 21, 2022
… Drove by Optec yesterday about 3:30 , no Roger and 4 cars, looks like 3 in back and 1 by office, inventory was half from last time. IMO roger is selling to get out or and trying to sell as a shell …
OPTI Quarterly Report 3/31/2022:
H/T to Stocktwits for finding this direct link:
https://www.otcmarkets.com/financialReportViewer?symbol=OPTI&id=334296
I did a quick scan:
- $1,141 payroll.
- New share issues… ?!
- “The Company’s 20,000 square feet Distribution Center located at 3151 Scott Street, Vista CA 92081. This facility is pending finalization of early lease termination”
- Interest due to RB Capital: “Accruing” as of 9/30/2021.
At this time, it’s still not showing up yet on OTC Markets for OPTI under “Disclosure”. (By the time you read this, maybe it will.) https://www.otcmarkets.com/stock/OPTI/disclosure
OPTI & VICA missed their 5/20/2022 filing dates:
Both had filed a “notification of late filing” for quarterly reports by 5/20/2022. Tagged post #88906 has links to the notifications.
CBYI is already Pink Limited, with a Yield sign: #88931:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168903523
CBYI is now Pink Limited, with Yield sign:
https://www.otcmarkets.com/stock/CBYI/disclosure
Some comments re: CBYI, which is another Roger Pawson debacle:
Just another Robert pawson share selling scam jumping from one hot key word to another. $opti $cbyi. Luke Joseph does not exist. pawson is Joseph. And $cbyi scored a yield sign, solid management.
— TridentZero (@Trident_Zero) May 18, 2022
update on Nano Filter case against OPTI:
Several events last week… Nano Filter is pushing ahead. Examples:
05/12/2022: “Ex Parte continued pursuant to party's motion to 05/19/2022 at 08:30AM before Judge Blaine K. Bowman”
(Nano Filter previously filed “Ex Parte Application For Issuance Of Order To Show Cause Re Contempt”)
05/09/2022 “Ex Parte Application for Order Shortening Time (5/10/22) filed by Nano Filter Inc”
https://roa.sdcourt.ca.gov/roa/
Case Number: 37-2021-00019981-CU-BC-NC
Date Filed: 05/04/2021
Case Title: Nano Filter Inc vs Optec International Inc
Case Type: Breach of Contract/Warrant
OPTI “auditor” was deleted in 12/31/2021 annual report:
I keep seeing posts of folks on social media and stock chat boards waiting for OPTI to publish “audited financials”.
Roger has claimed that OPTI will be audited by a PCAOB CPA firm. (HA! Won’t happen; a legit audit would read like a multi-count indictment.)
The truth is that there hasn’t been a PCAOB engagement form filed for OPTI since 2017, even though Roger has claimed that OPTI “engaged” the firm “DBB McKennon”. Example:
August 9, 2021: “OPTEC INTERNATIONAL Engages Certified Public Accountants DBB McKennon To Perform 2019 & 2020 Company Audits”
Here’s an update since my tagged post #87720:
On page 26-27 in OPTI’s Quarterly Report - Amended, period ending 9/30/2021, posted on OTC Markets 2/28/2022: Roger listed “DBB McKinnon” as the “Accountant or Auditor”. (He misspelled “McKennon”, and there should be no spaces in the firm’s name.) https://www.otcmarkets.com/otcapi/company/financial-report/321817/content
On page 25 in OPTI’s Annual Report, YE 12/31/2021, posted on OTC Markets 4/15/2022: the section “Accountant or Auditor” is blank. (Poof! It’s gone!) https://www.otcmarkets.com/otcapi/company/financial-report/327881/content
The CPA firm, registered in California (and as a foreign company in several other states), changed its name to “DBBMCKENNON” in a California SoS filing 2/25/2009. (Previous name was “DIXONBRAMBILA, A CPA FIRM”.) Michael M. McKennon is the CEO. The company spells it dbbmckennon with all lower-case letters on their website, LinkedIn, etc. The PCAOB website lists 64 engagements for dbbmckennon with various companies (but not Optec International).
Here’s some info on Roger’s past claims of an audit, more on dbbmckennon, and how to find out if a PCAOB audit is actually being done:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167452551 (DBB McKennon = dbbmckennon in post #87720)
For quick access: here are the audit engagement filings for OPTEC International. The only one filed is dated 10/4/2017: https://pcaobus.org/resources/auditorsearch/search?keyword=Optec%20international
Thanks for the info
I wholeheartedly agree, OPTI is a huge scam. Only sells lies.
OPTI’s share structure had “updates” this week:
For example, I noticed “updates” on 5/12 and 5/13, but no changes to the share amounts since the 5/4/2022 update.
OPTI Security Details: https://www.otcmarkets.com/stock/OPTI/security
Here’s a tweet that may explain why:
$opti well after reminding the transfer agent that $opti is one of their clients, they have been on the ball with daily share updates. To bad they were MIA when the last remaining hundreds of millions of shares were diluted.
— TridentZero (@Trident_Zero) May 14, 2022
$opti well after reminding the transfer agent that $opti is one of their clients, they have been on the ball with daily share updates. To bad they were MIA when the last remaining hundreds of millions of shares were diluted. 8:22 PM, May 13, 2022
5/13/2022 OPTI notice of late filing:
Quarterly Report For Period Ended: March 31, 2022
https://www.otcmarkets.com/otcapi/company/financial-report/332806/content
“We expect to file the March 31, 2022 quarterly report no later thanMay 20, 5 days from the prescribed due date.”
Same for VICA; it even has the same spacing error between “than” and ”May”: https://www.otcmarkets.com/otcapi/company/financial-report/332804/content
No notice filed yet for CBYI: https://www.otcmarkets.com/stock/CBYI/disclosure
recent Rosen and Sinensky tweets:
These tweets were responses to random S/H tweets, Rosen and Sinensky weren’t replying to each other:
I have NOT sold any $OPTI shares in a very long time and am still probably the largest shareholder. I wrote off my loss for taxes to offset other gains and try not to think about that bullshit company anymore! I’m sorry for all that suffered losses as a result of Roger’s lies!
— Brett Rosen (@BrettRosen325) May 5, 2022
details of OPTI share structure:
Thanks, pumper stumper, for outstanding shares update.
To all, this post includes the unrestricted shares update:
Outstanding Shares Updated:
2,521,885,431 (2022-03-09)
2,988,885,431 (2022-05-04)
Difference: +18.5% (+467M)
Unrestricted Shares Updated:
2,294,224,853 (2022-03-09)
2,759,224,853 (2022-05-04)
Difference: +20.3% (+465M)
https://www.otcmarkets.com/stock/OPTI/security
https://t.me/s/otcupdates?q=Opti
Thanks, tdbowieknife. Good info. More re: Mina Tran:
To all:
Mina Tran should definitely be investigated for securities fraud. There are many obvious problems in OPTI’s filings. (And, post #88830 shows Mina also submitted “OTC Markets Attorney Letters” for CBYI and VICA.)
For example, Mina knew that “Drax, Industries Inc.” subleased space in the 3125 Scott Street building from OPTEC International Inc.
She was the lawyer for the Drax S-1: “Tran Law Group, Mina Tran, Esq.” That SEC filing mentioned 3125 Scott Street, Vista, California 92081 ten times and included the terms of the lease.
However, that sublease and income weren’t disclosed in OPTI OTC Markets filings.
https://www.sec.gov/Archives/edgar/data/1844519/000107997321000102/drax_s1.htm
Interesting that she’s worked in class action lawsuits. Hopefully, she’ll be included as a defendant in one against OPTI.
Mina Tran, lawyer: https://eb5projects.com/profile/user/76-a-mina-tran
“Prior to founding the firm of Tran Law Group in 1998, she practiced fair housing and employment law, and was involved with class action tort actions against private and public defendants.”
OTC Markets attorney letters, question:
The OTC Markets attorney letter process is a complete farce, and the SEC knows it
Mina Tran posted new attorney letters:
Posted on OTC Markets on 4/29/2022: Mina Tran’s “Attorney Letter with Respect to Current Information” for these 3 companies:
OPTI: Roger Pawson, CEO, prepared it:
https://www.otcmarkets.com/otcapi/company/financial-report/329941/content
CBYI: “Luke Joseph”, CEO and CFO, prepared it:
https://www.otcmarkets.com/otcapi/company/financial-report/329944/content
VICA: Roger Pawson, CFO, prepared it:
https://www.otcmarkets.com/otcapi/company/financial-report/329943/content
Ms. Tran says that she has “telephonically met with and discussed the information” with both Roger and “Luke”.
What info was discussed …were lies and omissions included?
potential customer is unable to order Fuel Maximizer:
All of it’s a scam if the thing worked it would be flying off the shelf…people this greedy don’t have viable products and don’t sell them…
— CrEePsTyLe (@Creepstylemma) April 29, 2022
Nano Filter vs. OPTEC trial date 10/21/2022:
It was previously set for 4/29/2022 at 8:30am. (That trial date was set on 10/18/2021.)
The new civil jury trial date is 10/21/2022 (set on 4/7/2022).
Roger requested the postponement:
04/06/2022: Ex Parte Application - Other and Supporting Documents (4/7/22) filed by Optec International Inc. (Defendant).
Ex Parte Application For An Order To Continue Trial; Declaration Of Keo Keopong; And Exhibit A.
Keo Keopong: https://www.lagerlof.com/our-people/
=============
REFERENCE:
Register of Actions: https://roa.sdcourt.ca.gov/roa
After completing the CAPTCHA questions, use year “2021” and case number “19981”:
Nano Filter Inc. vs. OPTEC International Inc.
Civil - Unlimited, Breach of Contract/Warranty,
#37-2021-00019981-CU-BC-NC.
Original complaint filed 5/4/2021 (h/t tdbowieknife):
Nano Filter Inc. asks for at least $3,850,000:
https://drive.google.com/file/d/1IfUgn7zvws4ha21aHdhfyRAbYgxHcmP3/view
Explanation of “Motion to Continue (Postpone) Trial in California”: “A party may file a motion to continue (postpone) the date set for trial…”
https://trellis.law/ca/motion-type/motion-to-continue-postpone-trial-43
NEW real-world test results of Fuel Maximizer:
4/24/2022 “OPTEC Fuel Maximizer test results and update”:
logos for Optec Displays vs. OPTEC International:
Deep6, thanks for posting the photos of the similar logos. If you get time, maybe you can post these 2 images for comparison: the Amazon.com arrow logo and the logo on Roger’s new website: https://optec.io/ (mentioned in this post:)
Post #88481 on 3/1/2022: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168048668
To all:
Here’s a blast from the past: a 2020 article mixed up “OPTEC International” and “Optec Displays”… and the OPTEC International Twitter account posted it! The article and the tweet have been deleted, but here is some info:
$OPTI Twitter thread about the mixup: https://twitter.com/search?q=%40RealNickLawson%2C%20Optec%20Displays&src=typed_query&f=live
Here’s an inquiry to Financialbuzz about its error-laden article:
https://twitter.com/RealNickLawson/status/1308089777204461568
“The Buzz Surrounding Optec International, Inc. (OTC: $OPTI)”
“It seems you have listed two companies in this post. Optec International located in Carlsbad, California and Optec Displays Inc. located in Ontario, California. Can you elaborate on the error and many spelling errors in this post?”
Here’s a tweet from OPTEC International: https://twitter.com/search?q=%40optecintl%20%22unrelated%20to%20optec%22%20%22optec%20displays%22&src=typed_query&f=live
9/21/2020 “The article posted earlier this morning has been deleted due to included information that is unrelated to OPTEC. To clarify, OPTEC is not affiliated with Optec Displays, Inc. and does not offer any LED display products. We apologize for any confusion this may have caused.”
Graham Norris and Roger:
Why was Amazon Management / Graham H. Norris, Jr. issued 95 million unrestricted shares?
Update: 3 subleases are mentioned on page 40:
Aha… Roger put this on the last page of the OPTI 2021 annual report: https://www.otcmarkets.com/otcapi/company/financial-report/327881/content
Note 9 – COMMITMENTS AND CONTINGENCIES
We operate a total of 5 properties, comprising of 4 commercial properties and 1 residential investment property. 1 commercial property is used by the company the remaining 3 commercial properties are sub-leased for income to outside parties.
Note 10 – SUBSEQUENT EVENTS
Management has reviewed events between June 30, 2021, to December 31, 2021.
Hi, tdbowieknife. You said:
No mention of the Muirlands lawsuit for breach of contract and failure to pay the rent for that warehouse.
Property #2
The Company’s 20,000 square feet Distribution Center located at 3151 Scott Street, Vista CA 92081. This facility is company operated for storage, distribution and production/assembly of the company’s products.
Roger filed OPTI 2021 annual report:
https://www.otcmarkets.com/otcapi/company/financial-report/327881/content
I haven’t read it yet, but some folks on $OPTI Twitter are posting some comments on the blatant scam.
https://twitter.com/search?q=$opti&src=cashtag_click&f=live