Optec International Inc (OPTI)

[Deep6]

Not the first time he has used investor funds to buy himself some nice digs! LMAO

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=64608114

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=57436008


Is Lisa Padilla related to Alec Padilla? She was the IR person for Cal-Bay International Inc in 2006:


Cal-Bay International Property Portfolio to Increase to Over $43M as Company Signs $20M Contract for Purchase of Additional 400+ Homes

Last Update: 8:00 AM ET Apr 10, 2006

CARLSBAD, Calif., Apr 10, 2006 (BUSINESS WIRE) -- The Board of Directors of San Diego-based Cal-Bay International, Inc. (CBAY) today announced the Company entered into a purchase contract for a 400+ homes package in Columbus, Ohio.

Cal-Bay International's Chief Operations Officer announced the news after the Board of Directors confirmed the company had entered into a purchase agreement for the acquisition of the homes.
The latest acquisition will increase the company's portfolio to over 450 properties in the USA and increase the company's real estate holdings to over $43M.

The terms of the contract require non-disclosure at this time, but the company expects the acquisition to be completed on or before May 31st, 2006.

The properties are all single family homes of which the majority are currently rented. Upon closing, this would add an additional $3.2M+ per year to the company's revenue stream.
The company is currently in negotiations for several additional properties in the Pacific Coast region.


SOURCE: Cal-Bay International, Inc.

Cal-Bay International,Inc.
Lisa Padilla
760-930-0100
Fax: [phone]
[e-mail]
www.calbayinternational.com