PPE Demand Surge Sends Micro Cap Soaring

PPE Demand Surge Sends Micro Cap Soaring

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, January 12, 2022

A California-based micro cap just announced that it has experienced a recent surge in demand for PPE products as a result of the rapid spread of the latest pandemic. The company holds a large inventory of medical and respirator masks which are now shipping daily to distributors and medical facilities, according to the release. This sent shares of Optec International Inc. (OTCPK:OPTI) flying on Wednesday. 

Optec International Inc. develops fuel maximizer devices vehicles. This device is a technology designed for modern computer-controlled gasoline and diesel engines for improved fuel efficiency while simultaneously reducing harmful emissions. The company's products include standard, Commercial, Commercial HD and Offroad. OPTEC standard is for up to 8-cylinder gas or diesel vehicles, the OPTEC commercial is for up to 10-12 cylinder gas or diesel vehicles, OPTEC commercial HD is for up to 10-12 cylinder gas or diesel vehicles and OPTEC commercial HD also is for up to 12 cylinder gas or diesel off-road vehicles. It is also a distributor for Optec Solar LED lights.

Traders were extremely bullish on the news as shares shot up to $0.1235/share (+45.29%) at the session high. This move is a strong confirmation of this month’s breakout from the multi-month downtrend this micro cap has been stuck in. 

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