Optec International Inc (OPTI)

[Olderandwiser]

selling price of OPTI house 6/14/2021 & “equity”:

tdbowieknife said:

Lying Roger claimed 1,300,000.00 in “shareholder’s equity.” That doesn't add up if there is still $2,232,299.73 owed and they were asking 2,750,000.00 for it. How much did he pay for that house?

Real estate websites say the OPTI house last sold on June 14, 2021 for $2,500,000. (IDK the details of the sale, including down payment.) For example:
https://www.realtor.com/realestateandhomes-detail/7961-Camino-De-La-Dora_Rancho-Santa-Fe_CA_92067_M10999-72271

I think whatever Roger said about “equity” was his opinion/fabrication. Here’s some other info:

Here’s a PR from 3/7/2022 where Roger claimed “28% Single Asset Increase of $700,000” and “current Market value in excess of $3,200.000” (typo, should be $3,200,000).
https://www.otcmarkets.com/stock/OPTI/news/OPTEC-International-Inc-Announces-Significant-28-Single-Asset-Increase-of-700000-In-less-than-Nine-Months?id=346683

On 7/16/2022, there was an open house for advertised price of $3,150,000.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169417364

From the 3Q2022 OPTI report published 11/20/2022: “Property #5: Company Owned residential Investment property 7961 Camino De La Dora, Rancho Santa Fe CA 92067. Diversified Investment property currently leased with annual income of $120K. Property Equity approximately $950,000.”
https://www.otcmarkets.com/otcapi/company/financial-report/352591/content