OPTEC INTERNATIONAL Inc OTC Markets Status
03 Novembre 2021 - 5:56PM
InvestorsHub NewsWire
VISTA, CA -- November 3, 2021 -- InvestorsHub NewsWire
-- OPTEC International, Inc. (OTC Ticker:OPTI) today announced the
following information regarding the OTC Markets "YIELD" sign
status.
The company recently filed their 10K Annual Report within the
specified timeline along with all relevant support documents for
the period ending June 30, 2021, to remain in "Pink Current" status
on OTC Markets.
On Monday Nov 1st, OTC Markets lowered the status to "Yield"
stating the report should have been filed as a quarterly report and
not an annual or semi-annual. The confusion occurred when the OTC
Markets upload options for that period were for a semi-annual
report and not an annual report, in which the filing format was
correctly prepared as an annual report for Period ending
6-30-2021.
Earlier in the year the company officially changed the fiscal
year end period from June to December effective December 31st,
2021, which according to SEC guidelines mandate the company to file
the pre-December annual report for 6-30-2021(the previous fiscal
year end) and then the new annual for period ending 12-31-2021 due
March 2022.
On Monday Nov 1st, the company contacted OTC Markets to enquire
as to what was required to clarify the filing requirements and
assist on OTC IQ (Upload Portal) the company was advised the matter
was under review and they would advise on Nov 2nd. The company has
left a number of messages and emails asking for immediate
assistance to clarify the situation and to date has received no
further communication from OTC Markets.
The company is further unclear as to why OPTEC is tagged "Dark
or Defunct" on the OTC website, as all filings and disclosures are
available on the OTC website.
The company will announce an update upon notification from OTC
Markets.
About OPTEC International, Inc.
With Locations in Carlsbad and Vista, California, OPTEC
International is a developer and manufacturer of the OPTEC Fuel
Maximizer products along with electronic LED, Ultraviolet (U.V.)
& UV-C safety products and related advanced technologies and
PPE (Personal Protection Equipment) products. The company's
Temperature Scanning product line is being launched at a time when
H.R. directors and facilities managers are experiencing extreme
concern with respect to keeping environments safe during the global
pandemic crisis and the safe reopening of the U.S. economy. For
more information, visit: www.optecintl.com
Safe Harbor Statement: Safe harbor from liability established by
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements generally can be identified by phrases
such as Opti, OPTEC or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives,
plans, intentions, or goals also are forward-looking statements.
All such forward-looking statements are subject to certain risks
and uncertainties that could cause actual results to differ
materially from those in forward-looking statements. OPTEC
International Inc.
Investor Relations Contact:
Michael Iorlano
(760) 621-0062 / Mike@MountaintopMedia.net
SOURCE: Optec International, Inc.
Optec (CE) (USOTC:OPTI)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Optec (CE) (USOTC:OPTI)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024