LET’S GO OVER SOME NUMBERS REAL QUICK
Company O/S as of 12/31/2018 = 17,957,619
PPS on 12/31/2018 (pps was wide spread on low volume, so let me just go by closing price) = $0.55
Market Cap as of 12/31/2018 = $9,876,690
Company O/S as of 03/31/2019 = 11,313,626 (reduced from directors cancelling their own shares)
PPS on 03/31/2019 (31st was Sunday, so let’s go by 29th the Friday closing price) = $0.29
Market Cap as of 03/31/2019 = $3,280,951
Last Quarterly report from company was filed on 05/30/2019 for the Q ended on 03/31/2019
PPS on that day and 2 trading sessions following that day = $0.15
Market Cap based on 11,313,626 (even though I suspect it was little more from conversions, which should give us higher market cap) = $1,697,043
Right now as this post is being made on 09/17/2019 pre-market
O/S = 19,784,466
PPS on 9/16 close = $0.02725
Market Cap = $539,127
Yes the company had incurred some convertible debt little over $1.6 mil. Yes they have “change in value of derivatives of -$4 mil, which by the way, if either pps goes back up = we will have that much gain on derivatives, or if we pay the notes off = it will be gone.
So what has changed really between end of 2018 and now?
For all I know is that the
- Company is only getting closer to making some real revenue at the moment in the $millions of dollars. <—- they already got a royalty contract (for Fuel Maximizer) with “nationwide automotive parts wholesaler” for 5 years which will bring in $10 mil for the first 3 years and revenue from this can be printing as soon as the next report which is 10-k (their fiscal year end is 6/30)
- Finding evidences they have more international partners and distribution channels.
- OPTEC EV scooter (fka Zuumer) is better made than any other scooter in the market, and a good candidate for a buyout from giant companies.
- Solar powered LED Light has another big sector for applications such as highways, shopping centers, and construction sites.
My point is, I cannot emphasize enough about the pps manipulation from either MM’s or Note Holders, for OPTI to be trading at current pps level. That is why, even without any report or news or fundamental change, we should go back to $0.15 pps level. Then we can talk about the fundamentals that add higher value to OPTI.
So wake me up when we are at $0.15 then we talk, HOW BOW DAH ?
WE, LADIES AND GENTS, ARE SITTING ON A GOLD MINE, IMO
AI
