Optec International Inc (OPTI)

[Sergee10]

Come on really to believe that the economy is making a full recovery is absolutely false . The economy is and will be reliant on government funding to prevent them from filing bankruptcy. I can agree about the flu opinion but for the actual current state of the economy is unfortunately not looking very hopeful . For companies to be thriving they would be expecting the same amount of revenue prior the epidemic and with the unemployment at all time high and the lack of jobs available people are not buying and spending like they would have before . Most are trying to just pay their rent and trying to get by and unfortunately it’s been difficult for many to even pay for the necessities. Full recovery would mean that companies are hiring and available for the people who have lost their jobs . I have not really seen any true form of evidence that companies are actually looking to hire . All I hear is all of the big companies who have received loans from the government stimulus but are actually cutting jobs drastically but are doing so by extending the time frame of executing massive job cuts till October . The agreement to the government stimulus package was that the companies would not exceed a certain amount of job cuts for a certain time frame which most companies are complying with but to a certain extent . They are offering employees early retirement or furloughed any also this agreement packages in which if employees choose to take but are just offering them a short term financial help but lose their jobs . It’s been done by all of the major airlines if you look into which state that they are expecting to reduce 30 percent of their staff . But are able to find a loophole in the agreements . But when the companies have met the requirements you will see a staggering figure of jobs lost . Around October and after you will see this occur . But Boeing didn’t take the government aid and they have been cutting the staff in the tens of thousands and over 100000 international employees.