Optec International Inc (OPTI)

[nodummy]

You can look at the OPTI filngs to learn about how well they've done with the Fuel Maximizer and other past products:

https://www.otcmarkets.com/stock/OPTI/disclosure

As of December 31, 2018 when they stopped reporting to the SEC, OPTI had reported only about $90,000 in revenues total in its entire history.

The last 10Q filed with the SEC by OPTI showed $0 in revenues for the quarter.

https://www.otcmarkets.com/filing/html?id=13228714&guid=3iOFUFar4IHdT3h


OPTI went dark in early 2019 (stopped reporting to the SEC) and moved to the unregulated pink sheets.

OTC 'filings' which aren't regulated claim that:

OPTI made around $400,000 from its products in 2019.

And during the first 3 months of 2020, OPTI claims that it made $257,761.


Despite the alleged revenues, OPTI has seen its toxic debt go up from $871,000 when it stopped reporting to the SEC in February of 2019 to $929,000 as of May of 2020.

And that is despite the fact that between August of 2019 and March of 2020, OPTI issued 1,366,545,377 shares for debt conversions. See pages 6 - 11 at the following link:

https://backend.otcmarkets.com/otcapi/company/financial-report/247424/content




To OPTI's credit, they haven't added to the O/S since February of 2020 (which has allowed it to run as well as it did), but with $929,000 in toxic debt, people to have to be cautious that debt conversions could start back up again at any time.


But hey, it's a penny stock for Pete's sake. Trade it, don't marry it.