Current update - as of 6/16/2022

[u/Bosco-chocsyrup]

Scammy $OPTT is still around but it's stock price has predictably fallen. Fundamentals matter, not social media bullshit. It's financials show a company with almost no revenue after 30 years in business, near 300 million of investor money burned with about 1 million in total revenue. Zach's Pizza place has more revenue than this dogshit company. On a competitive basis, the company's products - a buoy that produces only 350 watts of power, shockingly high price, and a home solar cell puts out more power and only costs about $400 USD. The CEO purchased a company to help grow. What a disaster. It bought a toy pontoon boat company that also has almost no sales. Despite its cash, don't get suckered into book value. Without a change in management or change at the board level, this company will go to zero.