Business
OPTEC International, Inc. Discusses $2 Billion PPE Order with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - November 16, 2020) - The Stock Day Podcast welcomed OPTEC ...
About this update from Optimi Health Corp.
[{"type":"text","content":"OPTEC International, Inc. Discusses $2 Billion PPE Order with The Stock Day PodcastPhoenix, Arizona--(Newsfile Corp. - November 16, 2020) - The Stock Day Podcast welcomed OPTEC International, Inc. (OTC Pink: OPTI) (\"the Company\"), a developer and manufacturer of electronic LED, Ultraviolet (UV) & UV-C safety products and related advanced technologies and PPE (Personal Protection Equipment) products. CEO of the Company, Roger Pawson, joined Stock Day host Everett Jolly. Jolly began the interview by commenting on the Company's significant increase in revenue, and noting that they recently paid off all of their convertible notes. \"It was a little bit of a challenge, but we got it all done. You can see the impact in the stock stabilizing now that the dilution from those toxic notes has ended and it's performing very well,\" said Pawson. \"We're very happy with the company's growth and expansion,\" shared Pawson, adding that the Company is now profitable with the increasing revenues. Jolly then asked about the valuations of two of the Company's patents, as well as the completion of multiple distributorship agreements. \"We went public with the two patents after they were approved as 'patent pending' and we submitted them to a professional evaluation company,\" said Pawson. \"We haven't yet had the results from that company,\" he added, noting the extensive process. \"Conservatively, they were valued at $2.5 million each,\" explained Paswon, adding that without the official documentation from the evaluation company, the patents have not been included in their list of assets. \"That will appear in the next quarterly report, which ends December 31st.\"\"We now have a total of eight distributors with several others in negotiation right now,\" said Pawson. \"The Greek distributorship was completed; they have been ordering product,\" he added. Pawson then explained that the Company will be updating their website with a new list of distributors once the distributors add the Company's products to their own sites. \"That's the reason we haven't uploaded the distributors yet.\"The conversation then turned to the Company's International Advisory Board. \"The Advisory Board is in full tact,\" said Pawson before elaborating on the Company's current members. He then shared that Dr. Drew Pinsky, the acclaimed radio and television doctor, has...