Item 1.01 Entry Into A Material Definitive Agreement
Per the SEC statutes: (a) If the registrant has entered into a material
definitive agreement not made in the ordinary course of business of the
registrant, or into any amendment of such agreement that is material to the
registrant, disclose the following information:
On October 30, 2020 the Company (OPTEC) entered into a definitive agreement with
an International Commodities Consortium for the supply and distribution of
Specific Brands of Personal Protection Equipment (PPE) for Medical & Hospital
use throughout North America, totaling in excess of Two Billion Dollars
$US. The agreement has been fully executed by the Company and the buyer, along
with proof of bank certified funds, in excess of $2 Billion Dollars US, to
complete the transaction.
The company (OPTEC) has already sourced and secured the products for the entire
agreement, along with coordinating the logistics portion of the agreement. The
product distribution is expected to be fully completed by December 2020.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed, the undersigned hereunto
duly authorized:
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