37.2 F
New York
Friday, January 22, 2021

Optec International Inc (OTCMKTS:OPTI) Regains Momentum and Shares Soar

Must read

CytoDyn Inc (OTCMKTS:CYDY) Hits 4-Month High As Covid-19 Fear Grows

The coronavirus pandemic unleashed chaos all over the world and also in the markets, however, some biotech companies working on treatments for...

Alpine 4 Technologies Ltd (OTCMKTS:ALPP) Hits New High as Market Share Grows

Monday was not a particularly great time in the markets owing to renewed fears about COVID 19, but there were some stocks...

Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Jumps On Crypto Hype: Is it Sustainable?

The massive rally in the cryptocurrency space has been one of the biggest stories of the year in investment circles.

Tesoro Enterprises, Inc. (OTCMKTS:TSNP) Turns Volatile in Mid-December

Over the course of the past month, many companies have seen their stocks make substantial gains but the gains made by the...

Optec International Inc (OTCMKTS:OPTI) has been in focus at different points this year among investors, and it is back in focus this week. Investors piled on to the stock on Wednesday and OPTI stock gained as much as 39%. The stock is up another 14% at $0.086.

Key Developments

On December 2nd, it was announced that OPTEC International signed a deal with Vinco Ventures by way of which the latter is going to distribute and produce the former’s wellness as well as health products on digital shopping platforms.

It is a significant new development for Optec International Inc (OTCMKTS:OPTI) and hence, it did not come as a total surprise that the stock rallied.

Sign up below for OPTI critical news updates.

The agreement in question was made with the growth platform owned by Vinco Ventures named Markets on Main. Markets on Main is engaged in providing the full range of management services that are needed for selling items on digital shopping as well as live shopping channels.

The Chief Strategy Officer of Vinco Brian McFadden spoke about the development and praised the products from OPTEC that are going to be handled on the platform. He stated that OPTEC not only has ‘cutting edge products’ but the company’s products are also backed up by celebrity endorsements.

In this regard, it is also necessary to point out that OPTEC is going to make two of its most important products available on the Markets on the Main platform. The products in question are Hydroxyl Portable Air Sterilizer and I-Wand. This is, without a doubt, an important new sales channel for OPTEC and one that could further boost the sales of its products in the near future.

Earlier this month, the company also announced that it is planning on an uplisting to the QB by the time the first quarter comes along.

More importantly, OPTEC revealed that it has already started the process that is necessary to get the ball rolling. Investors could do well to keep an eye on the stock.

Disclaimer: We hold no position in OPTI stock.

Latest article

Sunhydrogen Inc (OTCMKTS:HYSR) Continues to Trend Higher on High Demand

One of the sectors to have come into significant focus among investors in recent times is the hydrogen...

Artificial Intelligence Technology Solutions (OTCMKTS: AITX) Moves Up Quickly On Solid Volume

The artificial intelligence industry has grown at a remarkable pace over the past half a decade or so and over the coming...

Signal Advance Inc (OTCMKTS:SIGL) Makes a Big Move, Again.

Speculation and confusion can often lead to strange occurrences on the stock markets and that is what happened...

Ozop Energy Solutions Inc (OTCMKTS:OZSC) Remains Volatile: Stock in Focus

Those who are looking to discover stocks that may have made big moves over the course of the past week could consider...

Data Storage Corp (OTCMKTS:DTST) Gets Sudden Attention: What’s The Buzz?

One of the stocks to have made significant gains this week was that of Data Storage Corp (OTCMKTS:DTST). The Data Storage Corporation...