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Thursday, June 1, 2023

Why Ozop Energy Solutions (OTC: OZSC) Is in Play (PCTI, EV VSC’s and OZOP Plus)

Ozop Energy Solutions Inc (OTCMKTS: OZSC) – Investors in bulletin board listed OZSC are looking for a major reversal northbound here as the stock sits just over 52-week lows of $0.0042. OZSC is notable because the stock was one of the biggest runners of 2021 skyrocketing from lows subs to over $0.50 per share in a colossal move that made penny stock speculators rich overnight. Now back in the double zeros OZSC is once again under accumulation by a core group of investors looking for another rise northbound. 

The last run on OZSC began in earnest when they acquired Power Conversion Technologies PCTI in 2020 and began to report rapid exponential growth in revenues. While OZSC has certainly come down a long way since it was over $0.50, the Company’s rapid revenue growth continues today. In 2022, OZSC reported $16,629,450 in revenues, a 60% increase over 2021 revenues. A massive number for a bulletin boards listed Company. While they lost money, it was a fraction of the money they lost the year before. Ozop is an SEC filer and filed its 10k on April 17. The Company is eligible to uplist to OTCQB. We will be updating on OZSC when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

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While OZSC has been drifting since a brief pop over a penny in January, the Company has been making a number of exciting moves; 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 EV adoption continues to rise in the US, dealerships are increasing their EV offerings and receiving more used EVs from consumers. 

Also in March, Ozop’s subsidiary OZOP Engineering and Design and PACE Equity formed a strategic alliance that will provide PACE Equity’s financing solutions to OZOP’s clients ranging from $1 million to $300 million. This partnership allows OZOP to expand its financing capabilities and provides an opportunity for its clients to benefit from PACE Equity’s expertise and resources. PACE Equity is a commercial PACE financing provider that is leading the way in providing low-cost, long-term financing for energy efficiency, water conservation, and renewable energy projects. Their expertise in PACE financing provides building owners with an innovative and effective way to finance upgrades to their properties. 

Ozop Energy Solutions Inc 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. Ozop operates through its subsidiaries including Power Conversion Technologies, Inc. (PCTI) which manufactures standard and custom power electronic solutions including DC Power Supplies, Battery Chargers, and DC/AC inverters.  

Ozop is involved in numerous business lines including Project Development and Equipment Distribution. Ozop’s solar and energy storage projects involve large-scale battery and solar photovoltaics (PV) installations. 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. Ozop 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.  

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OZOP Plus‘ Vehicle Service Contract offers 24 hour roadside assistance with your choice of a traditional tow or a mobile charge (in select cities) with a range. Ozop offers extended warranties for EVs 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). Ozop is working with Royal Administration Services, a provider and administrator of vehicle service contracts that currently has 2,614 dealerships under their product umbrella. According to Ozop CEO Brian Conway, there is another 

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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.

So why is OZSC still in play? stocks with a history of legendary runs like OZSC which ran from current levels to over $0.50 often run again in the future. OZSC is sitting right over 52 week lows, is fully reporting SEC filer that recently reported $16,629,450 in 2022 revenues, a 60% increase over 2021 revenues. The stock also has an enormous investor base who will buy buyers on any sustained upward movement. We will be updating on OZSC when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

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

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