Optec International Inc (OPTI)

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Optec International's GPO, WeShield Together, Officially Launches With $2 Million in Sales in First Two Weeks From 32 Vendors
NEW YORK, NY / ACCESSWIRE / August 30, 2021 / OPTEC International, Inc. (OTC PINK:OPTI)
Today the company announced the official launch of a new group purchasing division via their newly acquired, wholly owned subsidiary, WeShield, called "WeShield Together." Since starting at the beginning of August, the group has transacted with 32 outside commodity based sales organizations and brokers who have retained WeShield as their purchasing wing to help drive down rising costs on globally stressed goods from overwhelmed supply chains in the wake of the global pandemic. The group expects to grow into other commodities in the near future.
The first two weeks of its launch netted over $2 million in sales via PPE & medical supplies. The Delta Variant's surge is driving the higher than expected sales. Optec is eyeing the Lambda and Omega variants and securing additional supply partners to keep up with the increased demand.
WeShield CEO Michael Sinensky commented, "WeShield continues to successfully establish itself as a leader in the PPE and medical supply space. After being named the 53rd fastest growing company in the nation by Inc.5000, we have seen an increase in inquiries from commodity based sales companies and brokers to join 'WeShield Together' to help protect their purchases in light of rising fraud due to the Delta variant surge. In addition, we are collectively all saving money with our combined purchasing power, which will go straight to the bottom line."