Ozop Energy Solutions Inc (OTCMKTS: OZSC) invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy. The Company operates through its subsidiaries including PCTI which designs, develops, manufactures and distributes standard and custom power electronic solutions. All of its products are manufactured in the United States. PCTI has four main product lines: DC Power Supplies from 5KW to 2MW, Battery chargers from 5KW to 2MW, DC/AC inverters to 1.5MVA and frequency converters up to 1MVA. Through acquisitions Ozop has achieved rapid growth in revenues. Sales were approximately $10.6 million for the year ended December 31, 2021, and grew significantly in 2022 with Ozop doing $11.6 million in revenues for the first 9 months of fiscal 2022. 

Ozop is engaged in multiple business lines that include Project Development as well as Equipment Distribution. The Company’s solar and energy storage projects involve large-scale battery and solar photovoltaics (PV) installations. The utility-scale storage business is based on an arbitrage business model in which we install multiple 1+ megawatt batteries, charge them with off-peak grid electricity under contract with the utility, then sell the power back during peak load hours at a premium, as dictated by prevailing electricity tariffs.  

Ozop Energy Systems, inc., manufactures and distributes renewable energy products and is actively engaged in the renewable, electric vehicle EV energy storage and energy resiliency sectors. The Company has also entered the component supply/distribution side of the renewable, resiliency and energy storage industries distributing the core components associated with residential and commercial solar PV systems as well as onsite battery storage and power generation. Ozop signed a five- year lease of approximately 8,100 square feet in California, for office and warehouse space to support the sales and distribution of our west coast operations.  

The Neo-Grids, patent pending is comprised of the design engineering, installation, and operational methodologies as well as the financial arbitrage of how we produce, capture and distribute electrical energy for the EV markets. Neo-Grids will serve both the private auto and the commercial sectors. OES has license rights to the proprietary “flow” that was

Ozop filed with the United States Patent and Trademark Office in March 2021. The exponential growth of the EV industry has been accelerated by the recent major commitments of most of the major car manufacturers. The Company’s Neo-Grids business model leverages this accelerated growth by offering charging locations that can be installed with reduced delays, restricted areas or load limits and EV charger electricity that is produced from renewable sources claiming little to no carbon footprint. OES has entered into agreements for EV charger installations as part of this proof of concept and plan to service them under multi-year agreements. 

Ozop also offers extended warranties for electric vehicles, with comprehensive coverage of the battery through agencies and Finance and Insurance (F&I) entities through its wholly owned subsidiary, EV Insurance Company (DBA OZOP Plus). In March of this year the Company reported the sale of the the first Vehicle Service Contract (“VSC”) for Electric Vehicles (“EVs”) pursuant to the Reinsurance Contract between EV Insurance Company (DBA OZOP Plus) and American Bankers Insurance Company of Florida (“ABIC” or the “Ceding Company”). Royal Administrative Services, Inc. (“Royal”) serves as the administrator for ABIC. The ceding of the battery portion of the premium from ABIC to OZOP Plus marks the Company’s initial premium received for the battery coverage within the VSC. 

$OZSC Brian's comments from today! pic.twitter.com/R0OTu8ivcJ

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Last year Ozop entered into an Agent Agreement with Royal Administration Services, Inc. (“Royal”). Under the agreement, OZOP will market Royal’s electric vehicle (EV) vehicle service contract (VSC). Royal has agreed to allow Ozop Plus on any VSC’s it has acted as the agent, to assume all of the risk related to the electric battery at an agreed upon premium. The battery premium is dependent on the consumer’s selection of the duration of the VSC, the miles selected for coverage and the type of vehicle that the consumer has purchased, with a key component being the kWh size of the battery. Royal has further agreed to cede to Ozop Plus the battery portion of the premium on any VSC they market through their own distribution channels. These VSC’s have a maximum of 10 years and 150,000 miles and cover new and used cars from model year 2017 and newer. 

In a recent update, EO Brian Conway stated: “Royal has informed us that they currently have 2,614 dealerships under their product umbrella. This is an excellent number to launch with, and we’ll be using this playground to master the processes for a while before launching our own marketing efforts. The other reason for starting “small” is that there’s another aspect to Ozop Plus we’ve been keeping under wraps – a software company has been engaged by our partners to develop a Virtua Dashboard Inspection Implementation tool (mobile app) Utilizing a customer’s mobile phone and camara to communicate with the EV, we will remove the need for the physical inspection of a vehicle in determining eligibility for our VSC. With the pilot beta version Royal is currently training in house, with two different administrators overseeing the process. 

In January Ozop signed a multi-year contract with Cirba Solutions, the leading provider of battery management and materials processing services for end-of-life batteries and gigafactory manufacturing scrap, to offer a complete battery recycling program to its extensive dealership network. As electric vehicle (EV) adoption continues to rise in the US, dealerships are increasing their EV offerings and receiving more used EVs from consumers. 

On March 14 Ozop wholly owned subsidiary OZOP Engineering and Design, Inc. (OED) is proud to announce its partnership with PACE Equity, LLC, as their project finance partner. This strategic alliance will provide PACE Equity’s financing solutions to OZOP’s clients. Under the agreement, Ozop Engineering and Design will act as an independent agent to refer its’ green energy solution development projects to PACE Equity for financing. OZOP will also assist PACE Equity to engage new prospects and secure financing commitment and project development agreements. 

This partnership allows OZOP to expand its financing capabilities and provides an opportunity for their clients to benefit from PACE Equity’s expertise and resources. PACE Equity is a leading provider of commercial property-assessed clean energy (PACE) financing, offering a unique solution that enables building owners to finance energy efficiency, water conservation, and renewable energy projects. “Based on the projects Ozop has lined up, I’m looking forward to working with their team,” stated Lou Hunter, Managing Director of PACE Equity – New York. 

Ozop CEO Brian Conway stated: “OZOP is excited to enter this partnership with PACE Equity as it allows us to provide a wider range of financing options to our clients. PACE Equity’s expertise in commercial property-assessed clean energy financing will provide our clients with a unique financing solution that will benefit their business operations while promoting sustainability.”

$OZSC I Smell another PR soon. @EngineeringOzop @OzopEnergy @EvWarrantyOzop pic.twitter.com/Z0dBKdHGKq

— Market2.0 (@0_market2) March 14, 2023

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Currently trading at a $31 million market valuation OZSC os is 4,862,993,333 with 3,667,334,857 shares in the public float as of February 6, 2023. OZSC is an SEC filer, and their filings are audited making the Company eligible to uplist to OTCQB. While Ozop has $2 million in the treasury and $8.2 million in assets they have significant debt on the books too. OZSC revenues have seen significant growth over the past 2 years although the Company saw a drop in Q3 2022 revenues compared to the year before. For the 3 months ended September 30, 2022, OZSC reported $3.9 million in revenues and for the 9 months ended September 30, 2022, OZSC reported $11.6 million in sales compared to $5.9 million for that period in the year before. As we said, Investors are looking for a move back out of the subs and into copperland. We will be updating on OZSC when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

Disclosure: we hold no position in OZSC either long or short and we have not been compensated for this article.