Optex Systems Holdings Inc. (OPXS)

[fireopal]

Will help you out here b/c know there is nothing indicating that Alpha repurchased shares from Arland. Not to mention, Arland had 11,148,935 shares & Alpha clearly did not purchase this amount plus makes absolutely no sense for Arland (a business man) to purchase shares from Alpha in 2008 & then sell them back to Alpha in 2012 without making some sort of profit lol

" On February 22, 2012, Alpha Capital Anstalt purchased 5,000,000 restricted shares of Common Stock of Registrant at a purchase price of $0.01 per share, for a total purchase price of $50,000.The purchase price for the Common Stock was negotiated on February 2, 2012 when the stock price was $0.01. The $50,000 has been utilized by Optex Systems Holdings for operating expenses. On August 22, 2012, Alpha Capital Anstalt converted 3.64 preferred shares at a stated value of $6,860.34 into 2,500,000 shares of common stock at a conversion price of $0.01 per share for a total converted value of $25,000. The Common Stock was purchased or converted by Alpha in private transactions exempt from registration under Section 4(2) of the Securities Act of 1934 and is restricted from resale and the stock certificate issued bears the appropriate restrictive legend.

12/12 10K - 5% Holders Alpha Capital (1)
# of shares = 7,500,000
preferred conversion = 66,789,526
combined ownership = 74,289,526
% of O/S = 8.56% -- pgs 56 & 68 https://www.sec.gov/Archives/edgar/data/1397016/000114420412068723/v330201_10k.htm


12/11 10K - 5% holder Arland Holdings
# of shares = 11,148,935
preferred conversion = 4619,296
combined ownership = 15,768, 231
% of O/S = 5.69% -- pg 67 https://www.sec.gov/Archives/edgar/data/1397016/000114420411071709/v243906_10k.htm