Micro Cap Insider
Major Run on OZSC (Ozop Energy Solutions) PCTI Contracts & Electric Vehicle (EV) High Power Charging
Published
4 years agoon
By
Boe RimesOZSC (Ozop Energy Solutions) is making powerhouse move up the charts in recent months skyrocketing out of the double zeroes to recent highs of $0.50 per share quickly gaining the attention of investors who have been heavily accumulating in recent days. OZSC has emerged as a serious powerhouse and volume leader in small caps trading 105 million shares and approximately $28 million in dollar volume on Friday alone. The stock started its move in early January and MIcrocapdaily was there reporting on the story. OZSC is making an enormous move as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than OZSC has. OZSC has massive liquidity, legions of new shareholders and significant developments driving this powerhouse run.
OZSC is trading like a winner; like a stock with limited paper in the float which comes after the Company reported it has repaid its legacy debt in full. The Company is making big moves in the booming EV space recently forming a partnership with Zeem Solutions to work on high power charging solutions to address the medium and heavy-duty commercial EV market. Zeem Solutions comprehensive packages include the e-vehicles, maintenance, charging, and overnight parking infrastructure for one monthly cost. According to McKinsey and Co, “by 2030, the US market for services to support the charging of electric vehicle fleets could be worth $15 billion. OZSC has been busy building up a powerhouse management team recently getting Ezra Green, Allen Sosis and Ian Graham to the Ozop Energy team represent another huge step towards developing Ozop Energy Systems into a global player of supply chain solutions within the renewable energy market. OZSC subsidiary PCTI is quickly becoming recognized on a global level with customers located throughout the world in Europe, Asia and the United States. PCTI customers include: US Army, US Navy, US Air Force, US Marines, Eaton, Delphi, Ford, Caterpillar, General Dynamics, Mitsubishi, General Moters, and NASA. PCTI has been biding on and securing some enormous projects for the US Military. PCTI currently has at least 5 projects in production and others in various states in the queue with over $6.9 million in solid pipeline project.
OZSC (Ozop Energy Solutions) 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. Ozop Energy Systems is a leading Manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We are always among the first to receive the newest technology, products, and application techniques. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery.
The Company’s recently acquired subsidiary (Power Conversion Technologies Inc.) PCTI designs, develops and manufactures standard and custom power electronic solutions. PCTI is quickly bcoming recognized on a global level with customers located throughout the world in Europe, Asia and the United States and include general industrial customers, and military customers both domestically and internationally. PCTI customers include: US Army, US Navy, US Air Force, US Marines, Eaton, Delphi, Ford, Caterpillar, General Dynamics, Mitsubishi, General Moters, and NASA. PCTI has been biding on and securing some enormous projects for the US Military and was recently the 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. PCTI currently has at least 5 projects in production and others in various states in the queue with over $6.9 million in solid pipeline project. The Company is quickly gaining traction in the booming energy storage market, which Forbes estimates will grow from $59 billion in 2019 to $546 billion by 2035. PCTI products, technologies and expertise are a linchpin of this emerging industry.
Microcapdaily has been covering OZSC since the stock was well below the $0.01 mark. In our previous look at the Company, we reported: “OZSC recently entered into a Master Supply Agreement with WESCO International, Inc. (NYSE: WCC). This agreement allows Ozop Energy Solutions, via its recently announced wholly owned subsidiary Ozop Energy Systems, access to premier manufacturers as a key source of top-quality products and solutions for the renewable energy market. Since 1922, WESCO has grown and transformed from a division of Westinghouse Electric into an industry-leading Fortune 500 supply chain solutions company. As the scale of energy storage projects increases globally, the Company’s relationship with WESCO creates an opportunity for providing one stop shopping for not only our clientele, but for the industry.
On January 19 OZSC announced (PCTI) entered into a partnership with Zeem Solutions to work on high power charging solutions to address the medium and heavy-duty commercial EV market. Zeem Solutions is developing new and unique approaches to accelerate adoption in the commercial electric vehicle (CEV) fleet sector. They offer plug and play solutions for “last-mile delivery” which is the movement of people and/or goods from a transportation hub to a final destination. Their comprehensive packages include the e-vehicles, maintenance, charging, and overnight parking infrastructure for one monthly cost. According to McKinsey and Co, “by 2030, the US market for services to support the charging of electric vehicle fleets could be worth $15 billion.”
Ozop has been busy in recent weeks; the Company announced an agreement with Bical Auto Mall, the largest dealership in the NY metropolitan area to purchase and resell EV chargers. The initial order is for 4 EV chargers for two locations (@ $80K) for Bical and we have executed a vendor agreement between the two companies so they can resell to the LMA, of which Mr. Bical is president, which is comprised of 300 additional dealerships in New York. Bical Auto Mall is the largest dealership in the metropolitan area that comprises of all four general motors brands that are Chevrolet, Buick, GMC, and Cadillac as well as a second store located in Valley Stream New York called “Bical Chevrolet” that comprises solely of Chevrolet.
Investor Sentiment in OZSC is high:
https://twitter.com/Irvings31075139/status/1360338676346064898
https://twitter.com/likecheese2/status/1362882732171415553
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The Company has been beefing up its management team recently adding Ezra Green as the new Director of Operations for its subsidiary Ozop Energy Systems, Inc. Mr. Green is an executive who was listed in the prestigious Franklin Report as one of the top 100 contractors in NYC and vicinity. Mr. Green also expanded his Company into the energy market, developing some of the most complex solar energy systems of the time. After developing these projects in California for several years, Mr. Green expanded operations to the east coast and eventually internationally to Larisa, Greece and Uttar Pradesh, India where he entered into an agreement with members of Parliament. Mr. Green has been the Chairman, CEO of several public technology companies and has been invited to sit on the boards of several emerging energy-tech related international organizations. In ther past Mr. Green has closed a $400 million contract for a Swiss wind development company. Mr. Green has been a repeat guest of the Fox Business channel, The Wall Street Journal, and multiple other media outlets. Mr. Green has several patents in wireless data communication for solar energy, autonomous guidance systems, energy sensors and charging systems.
OZSC also recently appointed Mr. Allen Sosis as the new Director of Business Development for its subsidiary Ozop Energy Systems, Inc. Mr. Sosis has over 20 years in solar and renewable energy, ranging from all aspects of engineering, procurement, and construction on both the residential and commercial sides of the business. With a degree in economics, he spent 2 years as a minor league baseball player before venturing out into real estate, eventually crossing over into solar energy with Solar Tech, increasing sales by 200% in the first year. According to SING management, Mr. Allen is a walking Rolodex of contacts in renewable energy. Within his first week as a consultant, he established the Company’s supply chain and produced a pipeline showing $48 million in potential component sales for projects underway by a who’s who of energy companies
On February 16, OZSC announced the hiring of Mr. Ian Graham as its new Consulting Engineer for its subsidiary Ozop Energy Systems, Inc. Ian Graham brings a long record of experience in microgrids, large scale wind, large scale solar, and battery storage. Mr. Graham has worked on some major projects including; Owners Engineer for Tesla 100MW project in California on the distribution system for Resource Adequacy. Design and owners engineer for CAISO blackstart 10MW battery. Development of merchant 200MW/400MWh standalone BESS project in Texas. Due diligence, design, and economics review for 20 standalone distributed BESS VDER projects in New York.Strata Solar: 100MW/400MWh battery project, 1MW/4MWh battery project, Design 20x 5-20MW projects for RFP solicitation and design, Evaluated 10+ PV sites for hybrid application. Element Energy Works: Feasibility + Design of 10MW Battery+CHP+Solar microgrid LA Basin. Owners Engineer blackstart BESS resource in CAISO 200MW. Development Engineering 3x 5MW BESS AC and DC coupled. Owners Engineer PV+BESS 20MWh. Development Engineering 80MW Wind+BESS Capacity value modeling, design and diligence. Alaska Wind Diesel Microgrid System, Size $7M. Duties were supplying a full turnkey project for the owners. 5MW Diesel modification, 2MW Wind injection, controls, SCADA and other resources for regulation.
The additions of Ezra Green, Allen Sosis and Ian Graham to the Ozop Energy team represent another big step towards developing Ozop Energy Systems into a global player of supply chain solutions within the renewable energy market.
Gratz to our friends at Volta! $OZSC
Chevrolet 'Takes Over' Volta Charging Network To Promote 2022 Bolt EUV Launch https://t.co/3cMyeXXkJ3 via @insideevs.com
— OZOP Energy Solutions (@OzopEnergy) February 18, 2021
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OZSC is making powerhouse move up the charts in recent months skyrocketing out of the double zeroes to recent highs of $0.50 per share quickly gaining the attention of investors who have been heavily accumulating in recent days. OZSC has emerged as a serious powerhouse and volume leader in small caps trading 105 million shares and approximately $28 million in dollar volume on Friday alone. The stock started its move in early January and MIcrocapdaily was there reporting on the story when the stock was well under $0.01. OZSC is making an enormous move as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than OZSC has. OZSC has massive liquidity, legions of new shareholders and significant developments driving this powerhouse run. OZSC is trading like a winner; like a stock with limited paper in the float which comes after the Company reported it has repaid its legacy debt in full. The Company is making big moves in the booming EV space recently forming a partnership with Zeem Solutions to work on high power charging solutions to address the medium and heavy-duty commercial EV market. Zeem Solutions comprehensive packages include the e-vehicles, maintenance, charging, and overnight parking infrastructure for one monthly cost. According to McKinsey and Co, “by 2030, the US market for services to support the charging of electric vehicle fleets could be worth $15 billion. OZSC has been busy building up a powerhouse management team recently getting Ezra Green, Allen Sosis and Ian Graham to the Ozop Energy team represent another huge step towards developing Ozop Energy Systems into a global player of supply chain solutions within the renewable energy market. OZSC subsidiary PCTI is quickly becoming recognized on a global level with customers located throughout the world in Europe, Asia and the United States. PCTI customers include: US Army, US Navy, US Air Force, US Marines, Eaton, Delphi, Ford, Caterpillar, General Dynamics, Mitsubishi, General Moters, and NASA. PCTI has been biding on and securing some enormous projects for the US Military. PCTI currently has at least 5 projects in production and others in various states in the queue with over $6.9 million in solid pipeline project. 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.
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Featured
Clean Vision Corp (OTC: CLNV): Overcoming the Plastic Waste Crisis
Published
11 months agoon
January 18, 2024Clean Vision Corporation (OTC: CLNV) has experienced several interesting developments recently, but it hasn’t noticeably influenced the market with any substantial gains. Nonetheless, we believe it’s worth providing an update on the company given it’s been a few months since our last mention. In today’s discussion, we’ll explore a variety of updates and their significance, with aim of providing insight on what to expect for 2024.
Background:
Clean Vision is led by Dan Bates, and their goal is to tackle the global plastic waste crisis head-on. Their wholly owned subsidiary, Clean Seas, has developed the Plastic Conversion Network (PCN), a groundbreaking technology aimed at diverting millions of tons of waste plastic from landfills, incineration, and oceans. The PCN converts this plastic feedstock into clean fuels and green hydrogen, significantly reducing reliance on fossil fuels and lowering the carbon footprint.
For a brief 2 minute overview on the company, feel free to reference the video CLNV’s subsidiary put together on YouTube. Here’s the link.
Clean Seas utilizes proven pyrolysis technology to produce environmentally friendly products, which are sold to multinational petrochemical companies, driving the circular plastic economy. Operational PCN facilities are already in place in Morocco and India, with additional conversion facilities in development across West Virginia, Arizona, and Southeast Asia. Long-term feedstock supply agreements exceeding one million tons of waste plastic annually have been secured at no cost.
Their recently trademarked brand, AquaH®, is produced in their PCN. According to the release, it offers a differentiated green hydrogen product from carbon-neutral sources. Currently, hydrogen is predominantly produced through methods that involve fossil fuels, which of course contributes to global carbon emissions. Furthermore according to Deloitte’s 2023 global green hydrogen outlook, this could be a $1.4T annual market by 2050.
$65 Million Plastic Conversion Facility:
CLNV is making big moves in West Virginia and according to the release on October 24th, 2023, they’ve brought in some serious players—CDI Engineering Solutions and ERM—to help out with their Clean-Seas West Virginia project.
CDI has over 70 years of experience integrating engineering, design, project support, procurement and construction management services to the energy, chemicals and electrical infrastructure markets.
ERM is the world’s largest advisory firm focused solely on sustainability, offering environmental, health, safety, risk and social expertise for more than 50 years with more than 8,500 dedicated professionals operating across 40 countries.
The plan is to kick things off in 2024, turning 100 tons of plastic every day into recycled plastics and clean fuels. It’s a hefty project with a $65 million investment, creating over 200 jobs initially. And they’re not stopping there—they want to scale up to 500 tons of plastic per day over time.
West Virginia Governor Jim Justice is also on board, throwing over $12 million in state incentives to support the project.
Governor Jim Justice made a reference to Clean Seas in his state of the union address. If you want to catch the mention, go to 34:15 in the video. The three minutes leading up to it are also worth reviewing.
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Launches Global Operations:
CLNV made another significant advancement, planning to launch waste plastic conversion facilities in the European Union, Eastern Europe, and Southeast Asia. This will be accomplished through their new subsidiary, Clean-Seas Partners UK Limited (CS-UK), who of course shares the same vision of creating sustainable solutions to the global plastic pollution crisis.
Under the leadership of Managing Director Shaun Wootton, CS-UK will play a crucial role in strategic project development and investment facilitation, leveraging established relationships in the Middle East, Southeast Asia, and Europe.
To fortify effective governance and strategic direction, CS-UK is assembling a distinguished board with internationally recognized figures in banking, sustainability, and energy. This approach aims to have a diverse and experienced board guiding CS-UK in realizing its vision of promoting sustainability and environmental stewardship across diverse regions.
$340 Million Bond Offering:
CLNV even announced they partnered with a global advisory firm, Grant Thornton, to issue up to $340 million in Green Bonds. This is the world’s sixth-largest network of independent accounting and consulting firms, employing 62,000 people in more than 130 countries and had revenues of $6.6 billion in 2021. These bonds will fund the expansion of Clean Vision’s Plastic Conversion Network (PCN) under the “Clean-Seas” initiative worldwide, aimed at combatting plastic pollution on a global scale.
With the Green Bond’s net proceeds, CLNV plans to deploy at least six plastic waste conversion lines globally, with strategic locations in West Virginia, Arizona, Southeast Asia, and expansion in Morocco. The Green Bond is also expected to attract environmentally conscious investors, setting a new standard for corporate responsibility.
$15M Government Loan:
Lastly, under the capable management of Huntington Bank, CLNV has recently secured a $15 million government loan. What sets this apart is that the loan is FORGIVABLE.
A forgivable loan is a type of loan where the borrower is not required to repay the borrowed amount under certain conditions. Typically, these conditions are related to the borrower meeting specific criteria, such as using the funds for approved purposes, maintaining certain employment levels, or achieving predetermined goals. If the borrower fulfills these conditions, the loan is forgiven, and they are not obligated to repay the borrowed amount. Forgivable loans are often used as an incentive or support for specific activities, such as job creation, small business development, or other initiatives that contribute to economic growth or community welfare.
Not to mention it won’t result in any dilution for shareholders. This is an unexpected and uncommon accomplishment for an OTC company. Securing a government loan of this size without any dilution is truly impressive.
Conclusion:
CLNV has made impressive strides tackling the global plastic waste crisis, especially given their valuation of merely $22.65 million. The team has swiftly achieved key objectives, including a $65 million plastic conversion facility in West Virginia, global expansion through Clean-Seas Partners UK Limited, a $340 million Green Bond Offering, and a remarkable $15 million forgivable government loan. The vast $1.4 trillion market they’re tapping into offers an interesting opportunity with current indicators looking positive. Nevertheless, it’s crucial to acknowledge that there is still significant work ahead, and the team needs to maintain consistent execution to turn this potential into a reality.
We will update you on CLNV when more details emerge, subscribe to Microcapdaily to follow along!
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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.
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Featured
Meta Materials (NASDAQ: MMAT): More Due Diligence and Exploring Latest Developments
Published
11 months agoon
January 16, 2024Meta Materials (NASDAQ: MMAT) witnessed a significant uptick in trading activity on January 16th, 2024, resulting in a notable 20% increase in its stock value by market close. Intrigued by this surge, we explored various sources, including press releases, SEC filings, and social media, to identify the catalyst behind this sudden gain.
Unexpectedly our research revealed no recent material releases. Instead, the surge seems tied to an announcement from a few days ago that didn’t grab much attention at first. As time passed, it started generating more buzz but there’s still a lot more to dig into and a number of ideas to consider for today’s rally.
If you haven’t caught up on our previous analyses of MMAT, you can find the overview here. In this report, we aim to explore the cause-and-effect dynamics of recent events, offering insights that might illuminate expectations for Meta Materials in the near future.
Background:
If you’re new to MMAT or haven’t been a long-time follower, let’s kick things off with a quick intro to the company.
Meta Materials stands at the forefront of advanced materials and nanotechnology. Their focus is on pioneering novel products and technologies utilizing sustainable and innovative scientific approaches. The interesting part is their advanced materials have the transformative power to enhance a variety of common products, infusing them with heightened intelligence and sustainability.
Leveraging its technology platforms, they’re capable of empowering global brands in creating cutting-edge products that elevate overall performance.
Their technology has application across multiple industries including aerospace and defense, consumer electronics, 5G communications, batteries, authentication, automotive, and clean energy. Their agreement with Panasonic is certainly a great start to empowering their growth in one of many verticals. Overall the TAM is ~$32B and with current growth rates, it’ll increase to a whopping ~$61B by 2026.
MMAT’s goal is to shape a smarter and more sustainable world. If you look through their presentation, you can continue to evaluate the many ways their technology transforms everyday lives. We highly suggest you take a look.
Additional Resources:
- @LauraLoomer’s video on MMAT
- @metaheadj’s post on X, displaying Rob Stone‘s response update for an investor
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What Happened:
So, MMAT issued a press release on January 11th, 2024, announcing a proposed settlement with the Securities and Exchange Commission (SEC) concerning an investigation related to the Torchlight Energy Resources, Inc. and Metamaterial Inc. merger.
According to the release, The company has extended a settlement offer (Proposed SEC Settlement) to the SEC’s Division of Enforcement. This proposed settlement aims to address concerns regarding antifraud, reporting, books and records, and internal accounting control provisions of securities laws. It is important to note that the Proposed SEC Settlement is contingent on approval by the SEC Commissioners, and the company cannot predict the approval timeline.
If accepted, the Proposed SEC Settlement would involve the SEC entering a cease-and-desist order and the company paying a civil money penalty of $1 million over a one-year period in four installments. Notably, the company would neither admit nor deny the findings outlined in the Order.
The company’s board of directors and management team view the Proposed SEC Settlement as beneficial for shareholders. If approved, it is expected to remove uncertainty surrounding the investigation, enabling the company to focus on advancing its business objectives.
So What:
If you’ve just read through the announcement and are confused, you’re not alone. It appears that many investors may have mis-read the press release, thinking that the SEC was being punished and MMAT was reaching a settlement agreement, but it appears to be the other way around.
In the event of approval, the company is obligated to pay a civil money penalty of $1 million. This penalty would be paid in four installments over the course of one year, following an agreed-upon payment plan. However, the PR also notes that the company cannot predict with certainty whether or when the Proposed SEC Settlement will even be approved by the SEC Commissioners.
According to another user on X, @AShortSqueeze, MMAT’s initial analysis has potentially revealed the motherload of counterfeit shares.
But if you scroll through the comments, you’ll see other users pointing out that this information is actually old news. This is just one of many widely circulated posts that might have been misunderstood.
Significant Coverage:
Another theory suggests that a notable influencer in the financial space, @MoonMarket_, has set their sights on the company and is conducting additional due diligence. With a substantial following of almost 75K users, the influencer’s involvement could have contributed to a significant fluctuation in today’s trading session. It’s important to recognize that X is packed with plenty of financial influencers, and blindly following their moves can be risky. Many are involved in day trades, momentum trading, or at least contemplating such strategies.
Conclusion:
The buzz around MMAT today seems fuelled by a mix of misrepresented themes and recycled news, creating the illusion of fresh, imminent developments.
As per usual, the magnitude of MMAT’s technology and potential integrations across various verticals continues to create a roar of excitement. On another front, we’re also continuing to see speculation about a short squeeze due to substantial amounts of counterfeit shares.
For now, patience is key and we suggest closely monitoring developments. MMAT especially tends to be quite volatile.
Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.
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Featured
Integrated Cannabis Solutions’ (OTC: IGPK) 633% Surge: Exploring Catalysts, Company Overview, and Growth Potential in 2024
Published
11 months agoon
January 12, 2024Integrated Cannabis Solutions (OTC: IGPK) has undergone a remarkable uptrend, surging an impressive 633% since December 11th, 2023, with 166% of that surge taking place across yesterday’s trading session and today, January 11th, 2023. Both days have been marked by unprecedented volume – Yahoo Finance reported an almost 30x increase, with 115,867,027 shares traded by close yesterday. We’re already seeing 90,092,317 shares traded this morning and it’s just barely noon. Today we’ll explore the catalysts behind the surge, offer a comprehensive overview of the company, and evaluate IGPK’s potential for sustained growth throughout 2024.
Background:
Let’s get straight to it. IGPK is the result of a recent reverse merger with Integrated Cannabis Solutions and JFH Digital E-Commerce Corp. The first thing you’ll notice is finding the website isn’t a walk in the park, we’re fairly certain there isn’t one yet, at least one that will help in any way related to more investment information. Your best bet for more any information is to check out IGPK’s OTC Market page for details, but even the company description on there is not accurate. We’ve mainly found the following information through filings, IGPK’s Twitter, and other online users.
Keep in mind this breakdown might not be flawless given we’re piecing it together mostly from what folks on X are saying. But we’ll try our absolute best to lay it all out for you.
IGPK appears to have been a shell for little while until JFH stepped in. A user on X, @stockplayer30, broke it down fairly simply, stating that the shell’s slate was wiped clean, cancelling all notes payable and any debt. Whether it’s a promissory note, convertible note, or convertible debenture, the main point is they ditched all debt. JFH has an opportunity to start fresh, and it certainly makes this deal a lot more interesting.
Just a heads up, it’s a Chinese merger. If the idea of a Chinese leadership team makes you a bit wary, you might want to pause here. However if you were in the trading game during the summer of ’23, you probably remember those crazy spikes in some Chinese Nasdaq deals. And get this – no big press releases or SEC filings to explain those sudden jumps either.
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Company Description:
Onto what the company actually does. According to @SuperRobotOTC on X, this is a digital e-commerce company based in China, here’s a link to their e-commerce website. This user also put together a great overview of the company on YouTube, if you’d like to watch something informative in video format, click here.
Another user, @igal_n, found a blurb on the company that states, “Junfenghuang (JFH) is a digital asset. It is a token issued by Uplus Future Company with the help of blockchain technology. It has no direct relationship with the original equity”.
The Potential:
What makes this story extremely interesting is the sheer magnitude of how large JFH is, the intrinsic value does not appear to be valued accurately in the market, given it’s only freshly merged into IGPK’s tiny shell company on the OTC.
Their Gross Merchandise Value (GMV) is heading north of 50 billion yuan, and post-merger profits from service outlets are looking at a hefty 10 billion yuan – yes, billion with a B.
Steering the ship is a leadership team featuring President Wang Dejun, Treasurer Xie Weiji, and Director Yang Lanfang. With a whopping 750 subsidiaries, 250,000 merchants, and 30 million registered users. We’ve also heard from other sources that the registered users could be nearly double that, coming in at 50 million registered users.
These numbers are substantial for a company with a $7 million market cap. Looking ahead, it won’t be shocking if IGPK sets its sights on moving up to a bigger exchange like NASDAQ. It’s no secret they’re already in the big leagues – or it at least appears so. If that were the case, they’d of course have enhanced credibility, more visibility, and increased access to capital with institutional funding.
The App:
Now, you might be wondering, “Sounds cool, but it’s a Chinese merger with a whole setup on the other side of the planet. Can we trust this info?” @SuperRobotOTC has also gone the extra mile by downloading the app, and gave us the lowdown in video format. On top of the SEC filings, this is an added layer of trust & credibility we can attribute to this new venture. Here’s the link to the video.
Conclusion:
Fortunately it appears IGPK is still for the most part flying under the radar. There’s not even a proper website or accurate update on IGPK’s OTC Market overview to tell us what the company even entails. But here’s the silver lining – that might mean you’re still early. The intrinsic value of IGPK appears strongly disproportionate to its current value in the market.
Our advice? Keep a close eye on IGPK’s journey as it takes on this exciting phase of growth and exploration. It’s likely this story will catch wind quickly and it could be a great time to take advantage. As @SuperRobotOTC eluded to in his video, this could be the OTC’s largest merger, with a potential $70B valuation.
We will update you on IGPK when more details emerge, subscribe to Microcapdaily to follow along!
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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.
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Steven Griffitts
February 21, 2021 at 5:11 pm
OZOP Energy Solutions is positioned for a strong presence within the Transition economy.