OPTEC International Inc (OTCMKTS:OPTI) could be in focus among many investors this morning owing to the strong gains recorded by the stock last Friday. There may not have been any news at all about the company for many days but the stock attracted keen interested nonetheless on Friday and ended the day with gains of as much as 32%.
However, in this case, investors need to keep in mind that back on September 21 the company had actually made a key announcement with regards to its subsidiary company Z20 Territories. The update was regarding a report for the subsidiary for the period that had ended on September 19, 2021.
OPTEC announced that Z20 had launched a pilot programme earlier on in the year in Austin, Texas with regards to an on demand cleaning services app. The company called it the ‘Uber’ of cleaning services.
OPTEC announced that the services providers received the app with great enthusiasm and the app had been gaining strong momentum. It had also generated strong growth during the course of its pilot programme. That was a significant announcement and one that might have led to optimism among investors in a big way.
