WeShield Responds To OPTEC International, Inc. Information Statement

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[{"type":"text","content":"\n \n \n \n WeShield Responds To OPTEC International, Inc. Information Statement\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n NEW YORK\n \n ,\n \n Oct. 20, 2021\n \n /PRNewswire/ --\n \n \n WeShield,\n \n \n a wholly-owned subsidiary of OPTEC International, Inc. (OTC PINK: OPTI) was made aware of a complaint filed against it by its parent, Optec, in\n \n the United States\n \n District Court for the Southern District of New York.\n \n \n \n \n \n \n \n \n \n The allegations in the newly-filed lawsuit are wholly without merit and will be appropriately addressed and responded to in court. At bottom, however, the complaint seems to allege that the recent merger between Optec and WeShield did not take place. This is contrary to the facts, as is apparent from the many public statements and actions taken by OPTEC International, Inc.'s CEO,\n \n Roger Pawson\n \n .\n \n \n Contrary to the allegations in the lawsuit, Pawson has publicly acknowledged that the recent merger was  completed on no fewer than nine occasions over the past several months.\n \n \n \n \n Optec's Shareholder Announcement Regarding the Acquisition of WeShield\n \n \n \n \n \n \n OPTEC International, Inc. Completes\n \n $70M\n \n Acquisition of WeShield, An Established AI Driven NY MedTech Company In the Medical Supply & PPE Space\n \n \n \n \n \n \n Optec International's Newly Acquired Subsidiary WeShield, A New York Based MedTech Company, Releases First Shareholder Update\n \n \n \n \n \n \n Optec International, Inc to Launch Group Purchasing Division \"Weshield Together\" Projecting an Additional\n \n $25 Million\n \n in Revenue Annually\n \n \n \n \n \n \n Optec International's Recent Acquisition of Artificial Intelligence Driven Medtech Company With Sales of\n \n $59 Million\n \n Audited Financials Released\n \n \n \n \n \n \n Optec International's Wholly-Owned Subsidiary, Weshield Posts Q1 and Q2 Revenues of\n \n $40 Million\n \n With EBITDA of\n \n $6.7 Million\n \n \n \n \n \n \n Optec International and Its Subsidiary, Weshield,\n \n...

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