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yes, realize. eom.
Just a guess, but it says "up to" 8:1 reverse split. Maybe it will only be 2:1...or whatever is required based on circumstances and press releases (and subsequent price action) to come. This provides them wiggle room potentially to accomplish Nasdaq qualification using a variety of "tools". But again, I am no expert in such matters.
yes...I heard that too...pretty bold statement...and assume he has good reason to believe this will be the case!
B-Dawg, I took note that he also mentioned VISA at same time as Fiserv. Also, of note, sounds like faster/new on-boarding approach that is part of Gen3 was actually implemented during Q4. All good stuff in that call. (not sure how much the interviewer actually understood ).
Yep. Amazing...you/we can fight them off with relatively small limit orders. As CEO states, we know what we have here...
Lone-wolf, thanks for the heads up. Yes, I was certainly burned by GOHE/MTRAC, etc. all...but that said, it may be important not to color all of their management with one nasty brush. I lost a crap load of money, but also learned about GRBX in the process...so that part at least was VERY GOOD. Fortunately, I quickly saw that the real value was in GRBX as the technology provider. That's also why I was more than a bit concerned to see Vanessa Luna signing on with GRBX as COO. I will concede that she may be good at operations/connections, etc. Have to trust in Ben/Fredi that is why they hired her. Don't really know about Flores.
yes...we just need a few announcements of "deals" with banks, partners, etc. Validation via deals and actual transaction volume evidence will be what is needed to make this really take off to the astronomic heights predicted....
yes...good points. I think this bodes well for already having a solid plan (and even implementation) in place already as to how the technical/operational/financial integration happens.
I will also put in a plug for MZ Group, GRBX's IR firm. I have gotten some other ideas both from them and here. So far, companies/stocks I have discovered through them/here are paying off handsomely. Relationships with good IR firm may be good barometer that companies with good product/story/solution recognize the need for discipline/polish/plan that IR can help them with. And no, I do not work for MZ Group!
As I have stated many times, I am not selling. Just commenting on things that I see that have been made public.
Wonder when/if big partnerships will be announced. If so, also wonder if "on purpose" that these lesser known partnerships are being released first so as to raise their profile when/if the "bigger" partnerships are PR'd. If done in reverse, they might be met with collective thud.
Today's PR includes quote by Brian Brammeier and lists him as CTO and Strategy Officer at Cultivate POS. Don't see a LinkedIn profile for him under "Cultivate" name...but he does show up as CSO at Ntiva. https://www.ntiva.com/company-about-us
Thx M8.
Seems as though whereas Greenbox was previously distancing itself from previous involvement with "higher risk" verticals, perhaps that view has changed. Maybe this is a result of new administration, views on cannabis. Vanessa Luna being announced as COO (former CEO of MTRAC), now PR referencing Cultivate partnership. Not saying it's bad, just something to be taken note of.
Not much out there. Note Cultivate is another name that goes back to GRBX involvement with GOHE/MTRAC. I believe the $25M in curbside orders may be referring to cannabis delivery which is what GRBX/GOHE/MTRAC were working on and delivering previously. I recall showcasing specially built terminals for remote processing of orders by drivers...
I mentioned I downloaded the Trip Delivers app. As you suggested, looked up Nashville and full location of restaurants popped up...with menu included, ratings, expected delivery time, etc. Slick looking app...
They "announced" Gen3...which is great of course. The volume/price rise further will happen when transaction volume increase and evidence of new additional business "happens". (unless, of course, other announcements in the interim are additional cause for celebration).
Ojeda announcement. Nice validation and credibility!
Date: January 19, 2021
OPTEC International, Appoints David OJEDA as Chief Operating Officer for Z2O Division
Symbol: OPTI
CARLSBAD, CA -- January 19, 2021 -- InvestorsHub NewsWire -- OPTEC International, Inc. (OTC Pink: OPTI), a developer of UV and UV-C safety products using related advanced technologies specific to Personal Protection Equipment (PPE), today announced the appointment of OPTEC Advisory Board member David Ojeda as Chief Operating Officer (COO) for the company’s newly acquired subsidiary Z2O, a dynamic new Uber Type proprietary “App” based technology for on-demand 24/7 cleaning and disinfecting services, using smart device technology for immediate service responses nationwide and ultimately worldwide.
David Ojeda's extensive background in managing large vendor network operations throughout North American, including UPS and as former Amazon Senior Logistics Executive, enhances the ability for Z2O to expand on-demand services throughout North America rapidly. He is a seasoned and trusted leader who consistently delivers results and is uniquely qualified to drive strategic prioritization and accountability to existing and emerging vendors. David understands customer obsession and is the right person to lead Z2O into the future.
Mr. Ojeda’s ability to identify the markets best suited for the timely growth and expansion is extremely valuable for the logistics and chain management attached to the position, to provide the users the best experience and the Z2O vendors the ultimate guidance for the growth of the company along with the desire to assist the Z2O professional vendor teams the knowledge and know-how of expanding the Z2Ofootprint in the US and additional growth opportunities through worldwide partnerships. With his passion and demand for customer satisfaction and obsession for professionalism, from identifying the correct vendors, implementing background checks, and creating a WIN/WIN business plan for users and professional vendors OPTEC is extremely fortunate to have such a qualified executive now on both teams. David’s ability to identify in the field territory leadership and create a large network of in the field management is unsurpassed.
David Ojeda stated "I am very excited to join the Z2O team. I believe the potential for growth and value creation is tremendous, given the smart and passionate people, robust technology, and business demand for the unique products and services Z2O will provide. Having played a leadership role in similar business situations and industries, I am confident that we can develop and execute plans to drive consistent growth. I look forward to the company’s expanded operations and partnering with the Vendors team to build both Z2O and OPTEC”.
OPTEC International CEO, Roger Pawson commented “We are excited to have David's leadership presence expand the newly acquired subsidiary Z2O! David's passion to serve the customer and desire to assist and support the professional vendor team while sharing his know-how to grow the business will be beneficial for both existing and new emerging vendors. We are confident David’s future program concepts for the utilization and implementation of OPTEC UV and UVC products into the Z2O vendor network will further enhance products sales and branding and at the same time maximizing the efficiency of the Z2Oservices”.
Z2O is scheduled to launch in Austin, Texas March 1st, Miami, Florida within the following weeks and other key cities shortly thereafter.
The Z2O App downloads will be available for both consumers and service providers starting March 1, 2021.
Visit the Z2O website at www.z2o.com for more information including app download, how to schedule services, and how to become a vendor starting March 1st, 2021.
About OPTEC International, Inc.
With Locations in Carlsbad and Vista, California, OPTEC International is a developer and manufacturer of electronic LED, Ultraviolet (UV) & UV-C safety products and related advanced technologies and PPE (Personal Protection Equipment) products. The company's Safe-Scan product line is being launched at a time when HR directors and facilities managers are experiencing extreme concern with respect to keeping environments safe during the global pandemic crisis and the safe reopening of the U.S. economy. For more information, visit: www.optecintl.com
For additional Z2O Information, please email: IR@z2o.com
For OPTEC International, Inc. investor relations at: www.optecintl.com/investor
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.
OPTEC International, Inc.
Investor Relations Contact:
Andrew Barwicki
516-662-9461 / Andrew@barwicki.com
SOURCE: Optec International, Inc.
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Registered address: PO Box 780, Harrisonville, MO 64701-0780
TBD. Was advised that it would be opened to investors...
I also reached out to Tryp...their plan is to go raise $ and go public. Right now, a private company.
Thanks for the research CEO!
Not sure I agree. I downloaded the application...seems well done. Of course, the crux of their application is about getting restaurants and grocers (I think more so restaurants) signed up. Not sure what is involved with getting restaurants loaded...but suspect they are plenty aware of issues and have been contemplating business model and execution for decent period of time. I like the concept for drivers, restaurants and consumer. Time will tell if it is successful. I will add that I think they may be generally colored negatively with "multi-tier-marketing label" stigma. Not sure I am overly concerned about that label as really they are just promoting widespread adoption and getting word out on their service and opportunities. Would not be surprised to see further tweaking.
I am not "caught up" in Tryp. Errez mentioned it several weeks back. They elected to PR this deal for a reason. All we have to go on awaiting to see volumes and announcement of Gen3 with further progress report. In the interim, all we have is what they determine they want to PR. Who they decide to "keep company with" can be enlightening. Not sure anyone on this board is really qualified to determine whether what GRBX has is absolutely "one of a kind". So I prefer to take in all information from all sources as opposed to generalities/cliches like playing chess vs. checkers.
Not sure of the date of this link/posting...but another view which is not so damning...
https://tryprideshare.info/tryp-rides/is-tryp-rides-a-scam/
Tryp obviously has some startup things to still work through...but the business concept is strong...and has been in works for fairly significant period of time. If these guys get their wrinkles ironed out I believe this has potential to drive large transaction volume to GRBX.
Due diligence on Tryp Technologies. Been doing some research here and very impressed. Seems like this has been in the works for a good amount of time. Recall Ben Errez referencing working with one of the big rideshare companies on a call several weeks back. I love the business plan/model. Pretty impressive background of the CEO. See LinkedIn profile. https://www.linkedin.com/in/robert-mcnulty-1142a385/
Grocery deliveries in particular could be nice transaction $ totals.
Really like the business model there! Disrupting the disruptors!
...and also, GRBX is a CALIFORNIA based company. Is there any reason to want to have minority/female leadership in your ranks? (a rhetorical question). May be potential explanation for the announcement.
yes...they were cannabis retailers primarily. And yes, she may have some skills in the arena of making/establishing relationships. My impression was that she lacked "polish"...and certainly did not present herself to investment community as a skilled leader. Many, many PRs under her leadership that were largely empty promises...and btw, very poorly written.
Trust/rooting/and heavily invested for that to all be the case. Also why I was concerned about the announcement of Luna as COO...my experience has been that she is not "big leagues". Again, as mentioned, willing to be convinced otherwise about her over longer haul and/or hopefully her role is not as overly prominent as the title might suggest.
...and hope it stays that way. eom
I know it sounds nitpicky, but I hope Luna is smart enough to hire a good writer for PRs. Having observed what GOHE/MTRAC put out in the past...it was not good.
After doing a bit of research/checking, my concerns are a bit less than I mentioned earlier in the day. Will leave it at that. Just wanted to close that loop to some extent...at least for now.
Is there VISA contract news rumored?
It enters my thoughts that Luna may "have something" on GRBX. I know nothing to that effect, but makes me wonder. Just saying...and that's not something that the company would obviously ever admit to...I would just say may radar is up in a negative way today that was not there prior to this announcement. I followed/invested in GOHE/MTRAC for years...and still have some of this relatively worthless PSYC stock. Time will tell...hope good news to follow.
I'm open to changing my view...but also MTRAC "not working out" is an understatement. She was enriched with a boatload of shares...they were not good with follow-through...and they ended up basically at next to Zilch. Her husband was also in the company. Lots of baggage about lack of professionalism, etc. in terms of her presentation to investors. My sense was that her "credentials" were always somewhat inflated...I see some of that same inflation of background in this morning's PR.
Was hoping they had left this past behind. Does this have anything to do with the S1 Amendment filing this morning?...not seemingly, but to me, this announcement very much comes out of left field. What's her compensation going to be?...she certainly got more than her fair share of GOHE stock and that subsequently went to close to ZILCH.
Great post! EOM
Nice to see the 1.10 "barrier" busted through again.