OPTEC International Inc. (OTCMKTS: OPTI) is moving in a range after announcing the expansion of its Z20 awareness for new launches in San Diego and Miami, followed by expansion of operations in other major cities in the US alongside the recent Optec Distributions and We Shield growth.
Additionally, following the recent Z20 test launch in Austin, Texas, demand for Z20’s sanitization and cleaning services has increased considerably. Recently, the company employed additional administrative personnel to meet growth at the OPTEC Global headquarters at Vista, California.
Recently OPTEC-Z20certified two staff members for Servpro approved training certification in HazMAt cleanup and disposal following its expansion programs. The two will be housed at the OPTEC Park Centre in the Z20 wing. The focus of Z20 is AirBnB and the real estate sector, where there is a frequent need for sanitization and cleanup. CEO Roger Pawson said that the surge in new coronavirus cases has accelerated demand for their PPE products, especially masks and rapid tests for We Shield and OPTEC. So in the coming weeks, OPTI is worth keeping an eye on.
Market Reaction:
On Monday, OPTI stock ended flat at $0.0515 with more than 10.23 million shares, compared to its average volume of 5.21 million shares. The stock has moved within a range of $0.0508 – 0.0540 after opening the trade at $0.0519.