Optec International Inc (OPTI)

[HotterMama]

LOL. You're putting the cart WAY before the horse! Nano is certainly entitled to FILE a writ of attachment, but there is SO MUCH more that needs to happen for Nano to prevail. First of all, OPTI would have an opportunity to file an Opposition. Imagine, if you will, a world in which a Plaintiff can file a Writ against you in Court, but the Court has no remedy in place for the Defendant to counter! For example, suppose your neighbor files a Writ against you, attaching your bank accounts, etc., and there was no course of action available to you to defend yourself! Your neighbor would automatically win, and you'd have to fork over your bank accounts! Doesn't work like that! The judicial system may not be swift, but it is fair.

In my opinion, Nano is simply filing the Writ to protect itself in case the deal between them and OPTI doesn't produce the outcome Nano desires. Actually, very smart business sense on the part of Nano.

And one more thing, I DID read the Writ carefully, and while Nano lists bank accounts, accounts receivable, property, equipment, etc., NO WHERE does Nano list INVENTORY. I take that to mean that OPTI may still sell the inventory and use the funds to pay Nano. It's my opinion that's all Nano really wants anyway. And it's also my opinion that the ABSENCE of the word "inventory" proves a deal has been struck between the two.