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Optec International's Recent Acquisition of Artificial Intelligence Driven Medtech Company With Sales of $59 Million Audited Financials Released
CARLSBAD, CA / ACCESSWIRE / July 8, 2021 / OPTEC International, Inc. (OTC PINK:OPTI) release...
About this update from Optimi Health Corp.
[{"type":"text","content":"Optec International's Recent Acquisition of Artificial Intelligence Driven Medtech Company With Sales of $59 Million Audited Financials ReleasedCARLSBAD, CA / ACCESSWIRE / July 8, 2021 / OPTEC International, Inc. (OTC PINK:OPTI) released 2020 audited financials of newly acquired subsidiary We Shield artificial Intelligence Driven Medtech company which can be viewed on OPTEC's website. https://optecintl.com/news/The report shows that We Shield, a New York based AI (Artificial Intelligence) driven MedTech company in the PPE space, generated over $59 million in sales with EBIDTA of over $5.6 million.The audit was conducted by SAX LLP, a Top 100 accounting, tax and advisory firm and was managed by Wiss & Company LLP alongside We Shield's CFO Katharine Harris.We Shield recently received the following award,(https://www.analyticsinsight.net/company-of-the-month-weshield-embracing-ai-to-streamline-high-quality-ppe-and-safety-supplies/) and is extremely well engrained in the Wholesale Medical sector supplying PPE safety products to customers including: GAP, Caesars Entertainment, Hard Rock, Defense Logistics Agency (DLA), NYC Housing Authority (NYCHA), Concordance, Henry Schein, Medline, and more. The company has a very strong and well-structured management team and uses advanced marketing technology to fuel both the company's operations and continuous growth.OPTEC management is confident this acquisition will generate additional market strength, profits and shareholder value for OPTEC while simultaneously adding additional strength to OPTEC's management team.OPTEC also recently announced their plans to complete audited financials in order to become fully reporting and up-list to OTCQB. (https://finance.yahoo.com › news Web results OPTEC International Retains Florida Professional ... - Yahoo Finance)We Shield's CEO Michael Sinensky commented, \"We look forward to OPTEC's return to OTCQB and broadening our investor base as they work on up-listing and beyond.\"OPTEC's CEO Roger Pawson commented, \"We Shield's audit showed more revenues and profits than anticipated and we expect to see accelerated growth of OPTEC's product sales now that We Shield is integrating OPTEC products and services into their AI driven sales and marketing platforms. With year-end and then audited financials both approaching followed by plans to up-li...