Optec International Inc (OPTI)

[gumbie05]

For anyone trying to figure out where all the selling has been coming from....all you need to do is look at their most recent disclosures. There has been over $5 MILLION dollars worth of conversions being done since the middle of March (notes that were originally issued around 9/10/20) with conversion prices at around “$0.025!” Now look at the chart and see where this Stock has been trading since March ‘21 and Riddle me this: what would you do with THAT much profits worth MILLIONS of Dollars of profits already built it? Now ask yourself this other question: if they’re reporting a net profit (as per their last filing)- do they STILL have to issue any more convertible notes? If so, why? If they don’t, then the selling should ease up in the next couple weeks but who knows! I never trust an OTC company once they’ve issued over a BILLION shares. It’s egregious and a very poor way to manage and fund a company. At this stage, they should already be a fully reporting company and they should have filed a straight registration (S1, S3 or Reg A) and funded the company that way - there’s plenty of liquidity. Instead they’re hooked on easy money from convertible notes from unsavory characters in this business. Bad move...

- JMHO