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That never happened. It was rejected. It was originally passed, but not implemented as a measure to secure a possible partnership. The partnership fell through and with it so did any discussion of increasing the A/S count. Don’t need to worry about this as it is officially dead in the water.
Steve Basloe (CEO) - (917) 697-1870
Ben Hoehn (CFO) - (513) 967-9964
Mark Sarna (70% Lab Owner) - (201) 816-1200
Yes, the lab is real...it’s licensed...it’s bringing in revenue...it is fully staffed...and it is 100% operational. They are working to secure funding for the SEC filings. This is why you haven’t seen any recent PR’s. Once funding is secured, news will be released. I would expect a series of PR’s to follow. The State of Nevada has very strict guidelines on what marijuana companies can release as PR’s or publish on social media. One of the conditions is that the company must be current. Hopefully, this is the news in 3 weeks. I don’t see them working on anything else but that.
This is a patience game until they get funding to make their SEC filings current. Once current, the stock price should shoot up. For now, I would keep a small position and then add once news comes out. This way you’ll capture some of the initial spike, but still be able to trade other stocks while you wait. The filings are literally the only thing PZOO is waiting on. Until they are current, SEC regulations and the State of Nevada prevent them from making other moves. I can tell you with 100% certainty it is the #1 thing the company is working on. Meanwhile, they are still testing and bringing in revenue.
$OPTI OPTEC International Introduces Stand Alone Off-Grid Solar Powered LED Lighting Products
CARLSBAD, Calif., April 8, 2019 /PRNewswire/ -- OPTEC International, Inc. (OTC: OPTI), today introduced the OPTEC off-grid Solar Powered LED lighting systems, with its proprietary lens technology.
These Solar powered lighting systems branded "OPTIMUM LED" are complete standalone lighting solutions. The lights do not require traditional grid-based power sources and offer days of battery back-up power even during inclement weather conditions. The OPTEC proprietary patented lens technology provides major increases in the amount of light projected with major increases in lux on the ground and less glare than any competitive LED lighting offered today.
A company spokesperson stated, "We are very excited to announce these Solar powered lights. One of the main reasons why we are excited is the significant cost savings to the end user. After the initial purchase of the Solar Lights and the simplistic Off-Grid installation, the ROI for the end user is typically only several months, not years, empowering the end user to have significant ongoing savings."
The company is already targeting the commercial municipality lighting solutions for streetlight, school, parks along with parking lots, shopping centers and security lighting sectors. Currently, the company is already taking orders for the Solar Lighting products and expects to report significant backlog and sales for Q2 ending June 2019.
In addition to the "Optimum LED", the company has simultaneously introduced an advanced Security Solar Powered LED light with integrated HD Camera technology compatible with all Bluetooth compatible smart-technology devices. This advanced technology offers a host of applications to the Security, Governmental and Military Sectors worldwide, particularly in areas where traditional power sources are not available.
Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Opti, OPTEC or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. OPTEC International Inc.
Email: info@optecintl.com
View original content:http://www.prnewswire.com/news-releases/optec-international-introduces-stand-alone-off-grid-solar-powered-led-lighting-products-300825879.html
SOURCE OPTEC International, Inc.
Anyone have any thoughts on this thing?
Lots of buzz with $OPTI on Twitter today
This is great news. The reason was the reason the price was getting driven down! Now we can move up again
You were right. Lots of selling today.
With it looking like the shorts are gone, all we need now now is that positive PR. It’s in alignment now.
Good timing. Shorts seem to be gone again
Shorts are definitely back
OPTEC INTERNATIONAL INC (OTCMKTS:OPTI) reported a decrease of 73.68% in shorted shares. It was issued in March by FINRA the 1,000 shorted shares on OPTI. The 3,800 previous shares are down with 73.68%.
You see it dropping more?
Any chance this thing turns around? It literally lost half its value in one day
Did this thing peak? Are shorts coming back? I thought it may run
I just checked...Conversion rights are by contract and there fore the note holders should be able to convert regardless of whether the company is compliant with the SEC reporting requirements or the bonds are trading.
Wait...so with the filing the ability for convertible notes to be converted is also suspended?
Also, don’t you see the convertible notes driving it down and keeping it down again?
How high do you see this stock going? Why such a huge bump today?
The Big Picture...”Independent research firm Insight Partners believes that the international cannabis testing market will expand from $1 Billion in 2017 to $2.5 Billion in 2025, with a compound annual growth rate of 11.9% from 2017-2025.”
PZOO will be fine. Just one last hurdle. They are open and bringing in revenue. Once their SEC filings are current, you will finally see life blown into this thing.
DON’T FORGET...The deadline to register for the shareholder conference call is today!
***ATTENTION SHAREHOLDERS***
Call the CEO and CFO and what they are planning on doing about:
1) Making SEC Filings current
2) Getting share price up
3) Slowing convertible note holders
4) Getting website & social media up
They legitimately want and need to hear from shareholders!
Steve Basloe, CEO
Steve@pazoo.com
(917) 697-1870
Ben Hoehn, CFO/COO
Ben@pazoo.com
(513) 967-9964
Yes they can and they are. Call the the company and they will confirm it
Convertible note holders. It’s not retailers.
PZOO did not issue fake PR’s! Under different ownership, a different CEO and different B.O.D., Farinella (an angel investor) was accused of paying for stock promotions and selling/buying large numbers of shares to give the perception of high volume of trading to make the stock more enticing. A fake PR was NEVER issued and none of the people associated with that still remain with the company!!!
This link addresses the website. FYI...releasing a fake PR is both a criminal act and an SEC violation. How can you claim their PR's are false? Yes, they are delinquent on their SEC filings. This has been addressed by the company and they are currently working on financing to get them current. The lab is real, its open and the photos are legit. Call the numbers I gave you. Ben Hoehn and Steve Basloe need to understand how pivotal a social media presence is. Most of your claims can be proven false with a simple "free" Instagram and Facebook account. I think we all want that, but they need to hear from investors! They do listen, but they need to hear it from several investors before they'll make changes.
https://finance.yahoo.com/news/ma-associates-llc-accepts-first-120000688.html?guccounter=1
Try these
Steve Basloe
?(917) 697-1870?
Ben Hoehn
?(513) 967-9964?
Call PZOO and ask them about the convertible note holders suppressing share price and making the SEC filings current.
CEO, Steve Basloe
855-729-6687
CFO, Ben Hoehn
(973) 884-0136
Nope. They are converting. The company verified it.
Retailers are not dumping, this all convertible note holders. They will continue to suppress share price till either 1) PZOO restructures their deal with some of them or 2) we finally hit the 3 billion share count and they can no longer convert for the time being. Call Ben and Steve and ask them their plans to handle this problem!
You can look at my pinned post at the top and reference all the license number’s...just saying I would say that is an example of due diligence.
No insiders or preferred shareholders have sold a single share!!! It’s convertible note holders who they needed financing from to keep the lab afloat until they received approval and opened their doors. Remember these companies by law cannot use banks for conventional financing.
This is all from convertible note holders. Originally thought there was no more room, but they have been working on converting about 500 million shares over recent weeks. This is what killed trading and demolished the stock price. Will be this way until it finally hits the 3 Billion Share mark. We need to ask PZOO what they intend on doing to help stop convertible note holders from suppressing the stock price.
I called and talked with Ben and Steve. They are working on planning a “Shareholder Conference Call” in the very near future to finally answer all of the shareholder’s questions and to dispel any false rumors circulating out there. This is huge!
I have no plans today sell. We have the responsibility as shareholders to let the company know that we want to see certain actions being taken to benefit shareholders as a whole. Additionally, by calling you can get all the questions answered that you can’t get answered on boards like this one. Steve and Ben are very good about answering questions they are allowed to. It’s worth your time to call and it’s your duty as a shareholder. The only concerns I have moving forward is the reluctance to make their SEC filings current and the company’s track record of pleasing Mark Sarna over their shareholders.
These were not their personal cell #’s. It is the phone numbers they give out at Pazoo! To make you all feel better, I posted their secondary numbers. I would never do anything to take shots at anyone personally.
Call PZOO on their “office” lines and ask 1) when will the SEC Filings be made current and 2) what is the lab’s majority owner and convertible note holder, Mark Sarna’s plan for the company?
CEO, Steve Basloe
855-729-6687
CFO, Ben Hoehn
(973) 884-0136
They want to hear from shareholders!!! Stop listening to rumors on this Board and call them for answers!
It’s the phone lines they use at Pazoo. Not personal