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Last $0.0082 USD
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OPXS On Other Exchanges
As of 8:10 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

optex systems holdings inc (OPXS) Snapshot

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52 Week High
12/31/14 - $0.03
52 Week Low
05/28/15 - $0.0064
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optex systems holdings inc (OPXS) Details

Optex Systems Holdings, Inc. manufactures optical sighting systems and assemblies primarily for the Department of Defense and foreign military applications in the United States. It offers electronic sighting systems; mechanical sighting systems; laser and non-laser protected plastic and glass periscopes; Howitzer sighting systems; thermal day/night periscopes; and ship binoculars, as well as replacement optics. The company also provides various periscope configurations, rifle and surveillance sights, and night vision optical assemblies; and precision optical assemblies utilizing thin film coating capabilities for optical systems and components primarily used for military purposes. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley, and Stryker families of fighting vehicles, as well as light armored and armored security vehicles. The company offers its products directly to the federal government and prime contractors, as well as to foreign governments. Optex Systems Holdings, Inc. was founded in 1987 and is headquartered in Richardson, Texas. Optex Systems Holdings, Inc. is a subsidiary of Sileas Corporation.

77 Employees
Last Reported Date: 05/13/15
Founded in 1987

optex systems holdings inc (OPXS) Top Compensated Officers

Chief Executive Officer, Chief Operating Offi...
Total Annual Compensation: $267.6K
President, Treasurer, Secretary and Director
Total Annual Compensation: $61.0K
Chief Financial Officer
Total Annual Compensation: $172.4K
Compensation as of Fiscal Year 2014.

optex systems holdings inc (OPXS) Key Developments

Optex Systems Holdings Receives Non-Compliance Notice From OTC Markets

On May 5, 2015, Optex Systems Holdings, Inc. received a written notification from OTC Markets that its bid price for its common stock closed below $0.01 for more than 30 consecutive calendar days and no longer meets the Standards for Continued Eligibility for OTCQB as set forth in Section 2.3(2) of the OTCQB Standards. The notification does not result in the immediate removal of the Company's common stock, and its common stock will continue to trade uninterrupted on the OTCQB. Pursuant to the OTCQB Standards, the Company has been granted a period of 180 calendar days in which to regain compliance with this minimum bid price standard. The 180 calendar day grace period ends on November 1, 2015, and if the Company’s bid price has not closed at or above $0.01 for any ten consecutive trading day period, then its common stock shall be removed from the OTCQB marketplace. The Company is currently looking at all of the options available with respect to regaining such compliance.

Optex Systems Holdings, Inc. Announces Promotion of Karen L. Hawkins to Chief Financial Officer

Optex Systems Holdings Inc. announced Karen L. Hawkins has been promoted to Chief Financial Officer effective immediately. Hawkins was previously Vice President, Finance and Controller. In her expanded role, Hawkins is responsible for overseeing all financial operations of the Company.

Optex Systems Wins $3,276,112.50 Federal Contract

Optex Systems Inc. won $3,276,112.50 federal contract from the Defense Logistics Agency's Defense Supply Center, Columbus, Ohio, for armored vehicle periscopes.


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