Paragon technologies commences mailing of blue proxy card and issues letter to ocean power technologies shareholders

Easton, pa / accesswire / december 18, 2023 / paragon technologies, inc. ("paragon"), a diversified holding company, owning approximately 4.9% of the outstanding shares of ocean power technologies, inc. (nyse american:optt), ("company") ("opt"), today mailed out its blue proxy card to opt shareholders and issued the following letter: to the stockholders of ocean power technologies: while i realize most of you have endured significant and consistent losses holding opt shares, i along with my director nominees believe there is an enormous opportunity to increase stockholder value at opt if you support paragon's director nominees by voting the blue proxy card. we urge you to vote the blue proxy card no matter how many shares you own.
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