Optec International Inc (OPTI)

[trader guy]

OPTI has a million in cash. Not nearly enough to buy out a projected $170M revenue company so shares is their only currency to get it done. Looking for another A/S increase to accommodate an acquisition price that keeps rising the further into negotiations they get.

I'm out for now and will wait for the deal too close to see if it is actually accretive to OPTI share holders. I'd much rather buy a rising stock than be stuck underwater in a falling one. That's just the way it has to go.

https://www.otcmarkets.com/stock/OPTI/news/OPTEC-International-Secures-Additional-Funding-to-Finalize-We-Shield-Acquisition?id=306012