Awesome! Go OPTi!
$2 Billion Order
What got OPTI moving was the announcement that the company secured a fully executed definitive agreement for the supply of Brand Specific Personal Protection Equipment (PPE) products for a large International Commodities Consortium totaling in excess of $2 billion.
After the news hit the tape, OPTI opened at $.06, ran to $.08, and dropped to $.05 before finally closing the day at $.0587 a share. Now, you would think a $2 billion order would have sent OPTI to $1 or higher, but the shorts and skeptics started spreading fear, uncertainty, and doubt (FUD).
Here’s the thing – if the order wasn’t real would the company file an 8-K? We know many penny stocks have gotten trading suspensions from the SEC for putting out bogus press releases. However, we can’t think of one that did a bogus 8-K.
OPTI CEO Roger Pawson signed the 8-K and added this part.
“The company (OPTEC) has already sourced and secured the products for the entire agreement, along with coordinating the logistics portion of the agreement. The product distribution is expected to be fully completed by December 2020.”
Then the shorts tried to discredit the deal by saying that OPTI does not have the manufacturing facilities. Again, we really wish the shorts would learn how to read, but I guess these words are too big and too difficult for them to understand.
OPTI has sourced and secured the products for the entire agreement, along with logistics. OPTI is playing middle man. This is well-known. CEO Roger Pawson has said that the company has been sourcing masks from 3M.
OPTI has been involved in the sale of larger wholesale transaction quantities of 3M KN 95 masks for the past few months, adding significantly to the company’s revenues and profitability. OPTI said last month that it was in additional negotiations for significantly larger wholesale mask transactions and due to the size of these transactions ****will publicly announce upon closing/completion of the same.****
The $2 billion order is what OPTI alluded to last month. We knew it was coming. We just didn’t know it would be this big!
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