Optex Systems Holdings Inc. (OPXS)

[littlefish]

Not sure what your point is, that Arland was a shareholder back in the day up until 2012 some time when Alpha became a 5% shareholder? Thought we already knew that.

The reason I mentioned to you that maybe Arland sold to Alpha is because 2011-2012 was when Alpha became a 5 plus owner and Arland stopped (I don't have any clue if that happened with Arland selling, just throwing a guess out since Arland stopped being 5% plus and Alpha started between the 2011 10K and the 2012 10K).

Also on the series C and Alpha-

these numbers are from 2017 annual:

"During the twelve months ending October 12, 2017, there were no new issues of preferred Series C shares, and conversions of 186 preferred Series C shares, or $0.9 million, into 775,000 common shares. As of October 1, 2017 there were 174 preferred Series C shares outstanding"

Now see the subsequent (to fiscal year end) numbers:

"On November 15, 2017 there were 48 Series C preferred shares converted into 200,000 shares of common stock at the Conversion price of $1.20, or $240 thousand. On December 18, 2017 there were 48 Series C preferred shares converted into 200,000 shares of common stock at the conversion price of $1.20, or $240 thousand. After the conversions, there are 78 Series C preferred shares and 8,590,101 common shares outstanding."

I don't know exactly how many series C Alpha controlled to start but we know they had 78 remaining as of Dec. It all makes sense to me.


All IMO only, good luck.