Optec International Inc (OPTI)

[jimmyzzz]

I know that ! But why rent 22,000 sq ft when all OPTI does is sells OPTEC LED inc and Optimized Fuel Technologies Products (Both owned by Roger Pawson ) through a licensing agreement with OPTI . They just sell Rogers product and pay the rent for rogers other companies that share the properties with OPTI

On December 31, 2018 the exclusive North American distribution licensing rights for the "Pro-Sun" LED
Horticultural Grow Lamps were acquired from Optimized Fuel technologies for $500,000. An outstanding
loan of $321,518 to Optimized Fuel Technologies was applied against the exclusive North American distribution
licensing rights license for LED Lights in the amount of $500,000 leaving a remaining balance of $178,482 as an
account payable to Optimized Fuel Technologies.
In the year ended June 30, 2020 the Company became a distributor for Optec Solar LED lights. In addition the
Company expanded its product line from the Solar Led marketing agreement to include ultra violet and UV-C
Personal Protection Equipment and commercial UV powered sterilization and disinfection products.