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Item 1.01 Entry Into A Material Definitive Agreement
On February 7, 2019 the Company acquired the Exclusive North American License for the OPTEC Zuumer, the Electric Zero Emissions All Terran Tri-wheel Rapid Response scooter, for the EMT First Responders & Law Enforcement Agencies from Optimized Fuel Technologies for (Five Hundred Thousand Dollars) $500,000 in cash; which is to be paid over a 24 month period.
They NEVER Filed the 8K with the The date of the termination of the material definitive agreement
The scooter is oriented towards the commercial marketplace vs the retail market. The scooters have previously been purchased by Southern California Law Enforcement and EMT divisions and rigorously tested and proven for over 4 years. The new OPTEC rapid response Scooter has a 40 Mile Range and 30 MPH capability on a single battery charge and is equipped with 2 Lithium Ion batteries on board giving double the range capability.
Form 8-K item requiring disclosure if a material definitive agreement not made in the ordinary course of business to which a company is a party is terminated, other than by expiration of the agreement on a stated termination date or as a result of all parties completing their obligations under such agreement, and such termination of the agreement is material to the company. In such an event, the company must disclose the following information:
The date of the termination of the material definitive agreement, the identity of the parties to the agreement and a brief description of any material relationship between the company or its affiliates and any of the parties other than in respect of the material definitive agreement;
A brief description of the terms and conditions of the agreement that are material to the company;
A brief description of the material circumstances surrounding the termination; and
Any material early termination penalties incurred by the company
Where are the Real world tests on the fuel maximizer that should have been published almost a year ago?
And also the Far UVC Led products line that they did multiple press releases that was going to be available June 2020!
The company (OPTEC) has already sourced and secured the products for the entire agreement, along with coordinating the logistics portion of the agreement. The product distribution is expected to be fully completed by December 2020.
On October 30, 2020 the Company (OPTEC) entered into a definitive agreement with a large International Commodities Consortium for the supply and distribution of Specific Brands of Personal Protection Equipment (PPE) for Medical & Hospital use throughout North America, totaling in excess of Two Billion Dollars $US. The agreement has been fully executed by the company and the buyer, along with proofed bank certified funds to complete the transaction in excess of $2 Billion Dollars US . The company (OPTEC) has already sourced and secured the products for the entire agreement, along with coordinating the logistics portion of the agreement. The product distribution is expected to be fully completed by December 2020.
What happened to the Far Uvc Led product line that they were to release in June 2020? never happened because Roger Lied !! They have not even invented a commercial Far Uvc LED product yet and he said they had it June 2020
So what ever happened to the opti fuel maximizer that was supposed to be finished testing and would have data almost 1 year ago?
I am not talking about the test with a refrigerator unit. I am talking real world testing
They should be investigated for flat out lies about having FAR UVC LED Technology , with a complete line of products coming out june 2020
How do we know they are in talks with other phone companies ?? Because Roger said so?
How does he get away with valuing on the Financials for 5 million dollars even after he said he paid to have them valued. another lie what company would value a patent pending that is already has a patent
Where are these products ????Roger LIED to everyone about having Far UVC technology He told me in emails that they had a full line of FAR UVC LED products to be released in june 2020 still to this day no company has been able to produce products with Far UVC Led
CARLSBAD, CA / ACCESSWIRE / May 29, 2020 /
OPTEC International, Inc., (OTC PINK:OPTI) today announced the company has signed an exclusive distribution agreement for a new line of Far UVC LED Disinfecting lighting products for distribution in California. The company will have the opportunity to expand the agreement to additional states and regions as the demand intensifies. The company is currently in discussion with several retail chains for the sale of the new PPE products.
Seems to me the patent pending is already been filled before them
https://patents.google.com/patent/US20190134242A1/en
0104]
This also could be applied locally to tissue or locally to surfaces via wireless or mobile phone—Smartphone technology. UVC could be built on or application for your mobile phone where a selective wavelength could be used via cellphone, mobile device, Ipad, etc. to treat a specific surface. There would be a timer, location, depth. It would measure the distance from a specific surface. It would turn this on or off. It would be shielded so it would not develop direct eye contact. It could sterilize, cleanse, treat surface via UVC and mobile phone. Mobile application could also be used as a treatment device to turn on/off implantable device within the human body for sterilization treatment, chemotherapy, treatment of biofilm, etc. It could potentially be used to power the device. Chemotherapy agents or pharmaceutical agents could be applied by spraying, direct pressure, or solution to specific tissue as well.
Common Shares
1990000000 now!!!
Dilute dilute dilute
100 percent!
Yeah you missed OPTI;s Full line of Far UVC Led technology products to be released in June 2020!!!
That was a Big deal What happened to it?
Yeah The TA have to be saying WTF 1 10q he said his 825 million shares were for services , then the next 10q it said they were for conv note. that are unRestricted !! then he says he cancels around 300 million. why on earth would you cancel 300 million shares that you supposedly own and paid for???
There has been something wrong for a long time !!! I notice they do not mention Far Uvc Led technology that they said they had a full line of.
It was All A Lie
They have not even updated their share structure since Dec 2020 I wonder why?
If Anyone thinks they will ever have the 2 years of Audited financials to uplist..... They do not know Roger
So why the Yield sign again?
Why the yield sign again?
Why cant Roger get some Balls and just Admit he LIED about having FAR UVC LED TECHNOLOGY
Where were all the Advisory board members ??? kevin spent maybe 30 seconds his other calls were MORE Important
NEVER mentioned Far UV-C LED technology because they do not have it!!!!
Roger said the revenues from the 2 billion contract will not be on the books until 1st quarter of 2021 thats a Long ways off!!!
LMFAO You really think They will be pattent's in 2 days thats the end of the 2nd Quarter
The only reason they did this shareholders meeting is because they were over 2 years Behind on their shareholders meetings and OTC was on them about it And Maybe the SEC
the Zummer is a failed deal not going anywhere. Pawson told me that himself
Well the lower release was a lie and it was from Accesswire!!!!
OPTEC International, Inc. takes all preventative measures to ensure information disseminated to the shareholders is accurate and substantiated. The Company uses Access wire for its press release dissemination and is a fully transparent company by filing its 10Q's, 10K's and 8K's with OTC Markets and/or Securities and Exchange Commission and has a dedicated investor relations person.
Optec CEO Receives United States Patent-Pending Approval ...www.streetinsider.com › Accesswire › Optec+CEO+Rec...
Jul 13, 2020 — ... International (OTC PINK:OPTI) the company today announced Patent ... integration of UV-C and Far UV-C LED technology as an application
We project an increase in revenue over last quarter for Q4.
Well I would hope so since the 2 billion dollar deal is going to be included
They Never had Far Uvc Led Products to be released in June of 2020 they said they did !! press releases.If they had Far Uvc Led Products this stock would be over $10 easy!!! That is fraud!!!
So what about this story that was a total Lie! Roger even emailed me and confirmed they had Far Uvc Led technology
CARLSBAD, CA / ACCESSWIRE / May 29, 2020 / OPTEC International, Inc., (OTC PINK:OPTI) today announced the company has signed an exclusive distribution agreement for a new line of Far UVC LED Disinfecting lighting products for distribution in California.
CARLSBAD, CA / ACCESSWIRE / May 29, 2020 / OPTEC International, Inc., (OTC PINK:OPTI) today announced the company has signed an exclusive distribution agreement for a new line of Far UVC LED Disinfecting lighting products for distribution in California. The company will have the opportunity to expand the agreement to additional states and regions as the demand intensifies. The company is currently in discussion with several retail chains for the sale of the new PPE products.
Total Lie to get new investors fraud!!!
Opti does Not look very heavily shorted to me about 79,000 shares out of 1,7 billion that is that would cover in the first minute of any day!
Short Interest 78,842
Historical Short Volume Data for OTC Markets Group (OTCQX: OTCM)
DATE VOLUME SHORT VOLUME PERCENTAGE of VOL SHORTED
Oct 18 3,341 1,399 41.87
Oct 17 5,989 3,198 53.40
Oct 16 16,120 7,509 46.58
Oct 15 24,155 12,991 53.78
Oct 12 6,297 4,914 78.04
Oct 11 4,059 1,553 38.26
Oct 10 2,185 999 45.72
Oct 9 7,473 4,556 60.97
Oct 5 880 525 59.66
Oct 4 492 200 40.65
Oct 3 2,041 801 39.25
Oct 2 4,786 1,560 32.60
Oct 1 3,973 2,607 65.62
Sep 28 244 23 9.43
Sep 27 882 805 91.27
Sep 26 259 189 72.97
Sep 25 3,085 2,250 72.93
Sep 24 967 571 59.05
Sep 21 2,350 825 35.11
Sep 20 7,164 6,453 90.08
Sep 19 297 202 68.01
Seeing the above data can be alarming for public companies and their investors, until they understand the inner workings of how dealer markets function and broker trades are reported—which render the data virtually meaningless.
Since this data also comes from FINRA, what gives? The daily short selling volume is misleading because market makers and principal trading firms report a large number of trades as short sales in positions that they quickly cover. For market makers with a customer order to sell, they will temporarily sell short (which gets published to the tape as a media transaction for public dissemination) and then immediately buy from their customer in a non-media transaction that is not publicly disseminated to avoid double counting share volumes. SEC guidance also mandates that almost all principal trading firms that provide liquidity at multiple price levels, or arbitrage international securities, must mark orders they enter as short, even though those firms might also have strategies that tend to flatten by end of day. Since the trade reporting process for market makers and principal trades makes the Daily Short Volume easily misleading, we do not display it on www.otcmarkets.com.
Making daily short reporting data easily-digestible and relevant is not hard. On the contrary, it should be easy to aggregate all of the short selling that is reported as agency trades, as well as all of the net sum of buying and selling by each market maker and principal trading firm. This would paint a clear picture for investors of overall daily short selling activity. Fixing the misleading daily short selling data would bring greater transparency and trust to the market.
actually those 10 million dollars in shares are being converted to special class of share that a RS would have no effect on
Show me where Chevy is registered as a public for profit corporation
General Motors was founded by William C Durant who was the owner of Buick at that time in 1908. Later on, it bought other automakers like Cadillac and Oldsmobile. The brand was once the owner of many popular cars in the USA before it went bankrupt in 2009 which closed known brands such as Saturn, Hummer, Pontiac and Oldsmobile. At this time, General Motors controls:
Buick
Cadillac
Aubobaoijun
Chevrolet
GMC
Holden
Opel
Jiefang
Wuling
You can not have 3 public for profit corporations that have stock issued be under the same ticker . each of those companies would also have to report their financials , and be listed on OPTI's financials as some type of subsidiary or joint venture And they are not So unless you can show proof of what you say You are totally wrong Again
What part of this do you not understand Optec Led and Optec EV and Optec international Are 3 different corporations!!! this is from OPTI's latest financials!!!
Issuer’s Business, Products and Services
The purpose of this section is to provide a clear description of the issuer’s current operations. In answering this item, please include the following:
A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”)
Distributor of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lightingsystems.
Distributor of Optec UV-C technology Solutions
B. Describe any subsidiaries, parents, or affiliated companies, if applicable, and a description of their business contact information for the business,
officers, directors, managers or control persons. Subsidiary information may be included by reference:
None
So Roger is running another public company that he owns and opti SEEMS TO BE PAYING THE RENT FOR HIS OTHER COMPANIES
Name
Optec EV
Reinstatement - Tax - 2020-003058324 Date: 11/13/2020
Roger Pawson (President)Organization:Address: 3151 Scott Street, Suite C, Vista, CA 92081
Name
Optec Led, Inc.
Filing ID
2018-000802791
Type
Profit Corporation - Domestic
Mailing Address
1255 Keystone Way
Suite 104
Vista, CA 92081
USA