web analytics
6.4 C
Munich
Wednesday, October 5, 2022

Comeback Time for Ozop Surgical Corp (OTCMKTS: OZSC)

Ozop Surgical Corp (OTCMKTS: OZSC) saw a wild ride last week to highs over $0.05 before a significant dip gave Investors another chance to et in cheeper. OZSC has emerged as a volume leader in small caps regularly topping several million USD in daily trading volume and proving to be highly volatile too!

MicroCapDaily reported on the RM with Power Conversion Technologies, Inc. back in February when it was 1st announced. They have been making big moves since than as PCTI was recently included in another bid issued by a defense contractor for the US Air Force for the manufacture of various power converter modules for two prototype flight earlier this month. Several weeks ago the Company said PCTI has submitted a sole source bid to one of the world’s largest defense contractors for multiple power converter units to be used in naval automatic weapons systems.

Ozop Surgical Corp (OTCMKTS: OZSC) invents, designs, develops, manufactures and distributes innovative endoscopic instruments, surgical implants, instrumentation, devices and related technologies, focused on spine, neurological and pain management procedures and specialties. The Companies  focus is on economically disrupting the market with clinically equivalent or superior existing and new products resulting in immediate and significant savings for providers, payors and consumers.

MicroCapDaily reported on OZSC RM back in February stating at the time: Ozop Surgical Corp (OTCMKTS: OZSCD) finished last week with a bang running up the charts after the Company announced Power Conversion Technologies, Inc., was reverse merging into OZSCD. PCTI operates in the very high power niche of the power electronics market, designing and manufacturing leading edge equipment for use in power conversion applications. Reverse merger plays are hot and have accounted for many of the biggest recent winners in small caps. PCTI was initially going to RM with ELTZ but that one fell through. OZSCD is currently trading with the extra “D” at the end of the ticker symbol which will be gone in several days. The extra “D” signifies the Company completed a reverse split which was affected on February 7 1000 to 1.

To Find out the inside Scoop on OZSC Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

OZSC

On June 29 OZSC announced it has completed its acquisition of Power Conversion Technologies, Inc. (PCTI), a 29-year-old manufacturer of high power solutions for energy storage, defense, maritime power, and other industries. Ozop will adopt its new name, Ozop Energy Solutions, to reflect the new strategy resulting from this exciting acquisition. PCTI designs, develops and manufactures standard and custom power electronic solutions. PCTI has served the growing demand for power electronics in the highest power ranges since 1991. Customers include the U.S. Military, and many of the world’s largest industrial manufacturers. All of its products are manufactured in the United States, and its facilities have remained open throughout the COVID-19 pandemic because of its status as an essential, defense-related enterprise.

“This merger signifies a milestone in a strategic vision to capture a major portion of the $36 billion global power technology market,” said Brian Conway, CEO of Ozop Energy Solutions. “PCTI has carved a unique niche that has made it a global player in the high-powered engineered products sector. There is great demand for their products across myriad applications, and they are one of the few companies in the world that can manufacture and deliver innovative customized products in the higher power ranges. That presents a tremendous opportunity to create significant shareholder value. “

We have a Monster Pick Coming. Subscribe Right Now!

Currently trading at a $8.3 million market valuation OZSC is an exciting story developing in small caps. The Companies newly acquired subsidiary Power Conversion Technologies, Inc. was included in a bid issued by a defense contractor for the US Air Force for the manufacture of various power converter modules for two prototype flight earlier this month. On Friday the Company said PCTI has submitted a sole source bid to one of the world’s largest defense contractors for multiple power converter units to be used in naval automatic weapons systems. We will be updating on OZSC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with OZSC.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

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

 

More articles

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.