Replies to post #21517 on Optex Systems Holdings Inc. (OPXS)

[littlefish]

Easy- story 3 is a typo that should have been corrected.

Obviously it should read Arland not Alpha in story 3 in Feb 2009, but clearly Alpha was issued shares by Optex in 2008 before selling to Arland (read below). It is clearly a typo IMO. Because all other documents show Alpha getting the shares, then selling them to Arland (which is how Arland got their shares).

Here's the correct version:

"The $15 million of Irvine Sensors Corporation debt was contributed by Longview and Alpha to Optex Systems, Inc. (Delaware), in exchange for a $6 million note payable from Optex Systems, Inc. (Delaware) and a $9 million equity interest in Optex Systems, Inc. (Delaware) (which consisted of the issuance by Optex Systems, Inc. (Delaware) of 45,081,350 and 4,918,650 shares of its common stock to each of Longview Fund and Alpha, respectively). On October 30, 2008, Alpha sold its Optex Systems, Inc. (Delaware) common stock to Arland Holdings, Ltd. There was no contingent consideration associated with the purchase. Longview and Arland Holdings, Ltd. owned Optex Systems, Inc. (Delaware) together until February 20, 2009, when Longview sold 100% of its equity interests in Optex Systems, Inc. (Delaware) to Sileas, as discussed below."

Story 1 and 2 are correct, story 3 has one typo where they said Arland instead of Alpha in one place. Everything else is correct, pretty easy to see for me.

All in my opinion only.