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Sunday, May 22, 2022

Ozop Energy Solutions Inc (OTCMKTS: OZSC) On the Move as Co Launches New Subsidiary in Smart Lighting (Update on: Electric Vehicle Chargers, Solar PV & PCTI)

Ozop Energy Solutions Inc (OTCMKTS: OZSC) is making a powerful run up the charts after the Company announced the launch of its new division, Ozop Engineering and Design, Inc. (“OED”), a wholly owned subsidiary of the Company. OED will design and engineer energy-efficient, easy to install, “smart” digital lighting controls systems for commercial buildings, campuses, and sports, medical, military complexes throughout North America and eventually the global marketplace. As per the recent market study published by Global Industry Analysts, the global market for Smart Lighting and Control Systems, estimated at US$40.5 Billion in 2022, is projected to reach a revised size of US$78.8 Billion by 2026, growing at a CAGR of 14.7%.  While the Company has not been putting out much press in recent months, the CEO Brian P Conway has been communicating with investors regularly and according to him OZSC is about to OTCQB. The Company is already an SEC filer filing its 10k on April 15. 

https://www.youtube.com/watch?v=t0A9lHq0F0E

OZSC was a major runner this time last year skyrocketing to highs of $0.50 per share and making some small cap speculators rich. The stock boasts legions of shareholders who are accumulating now that OZSC has established a clear bottom and is now running northbound. Microcapdaily has reported on OZSC many times during the past year as the Company completed the acquisition of PCTI stating in August: PCTI has been making a number of big moves and currently has 4 projects in production and others in various states in the queue with over $6.9m in solid pipeline projects. PCTI has been biding on some big projects including being the sole bidder on a project to upgrade a 1 MW power supply that will be used in a classified marine propulsion application for the U.S. Navy. This follows on the heels of 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 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 has a number of operating subsidiaries including Ozop Energy Systems, Inc., a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. 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. Ozop Engineering and Design engineers’ energy efficient, easy to install and use, digital lighting controls solutions for commercial buildings, campuses, and sports complexes throughout North America. Products include relays panels, controllers, occupancy/vacancy sensors, daylight sensors and wall switch stations. Ozop has a dedicated design team that produces system drawings and a technical support group for product questions and onsite system commissioning. Ozop Capital Partners Inc. wholly owns EV Insurance Company, Inc. (“EVIC”). EVIC, DBA Ozop Plus is a licensed reinsurance company that will market and distribute a vehicle service contract for the electric vehicle market, focusing on battery replacement, repair, and roadside assistance products. 

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Other OZSC business include: Solar PV: The Companys Solar PV business model involves the design and construction of electrical generating PV systems that can resell power to the utilities or be used for off grid use as part of our developing Neo-Grids solution. The Neo-Grids proprietary program, patent/s pending, was developed for the off-grid distribution of electricity to reduce the rates, fees and charges currently burdening the EV Charging and residential carport sectors. It will also reduce the lengthy permitting processes and streamline the installations.  

Electric Vehicle Chargers: 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 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. Our Neo-Grids business model leverages this accelerated growth by offering (1) charging locations that can be installed at a significant discount to utility-tied installations and (2) EV charger electricity that is both renewable and less expensive than comparable grid supplied power as offered by local suppliers.  

As per the Company’s last press release; Smart lighting refers to an energy-efficient lighting product wherein light control is adjusted based on users’ needs and as per the regulations. Smart lighting systems and control systems offer numerous benefits, including the ability to remotely access the lighting system, improved energy efficiency, reduced energy consumption, easy installation, and cost-effective lighting solution compared to conventional lighting systems. Smart lighting products also reduce greenhouse gas emissions, thus helping maintain a sustainable atmosphere. Driven by the continuous focus on sustainable green building initiatives to address rising environmental concerns, the adoption of smart lighting products is on the rise. The demand for smart lighting systems also benefits from government efforts to promote smart city projects, which focus on adopting energy-efficient and connected, or IoT-based lighting systems. Advances in sensor and electronics segments, the evolution of wireless technology, and the transition away from incandescent lamps are also expected to support market expansion. 

Ozop Engineering and Design has a dedicated creative team that produces system drawings, a certified technical support staff for product inquiries, and onsite system programming & commissioning agents for rapid deployment. Operations for OED launched as of April 1st, 2022, and has begun establishing relationships with some of the nation’s largest suppliers of lighting control systems, with an estimated forty-plus contracts in various stages of development in the first two weeks of operation. 

OZSC CEO Brian P Conway stated: “As the concept of smart lighting gains significant traction with government directives regarding energy consumption and the rapid modernization of global infrastructure facilities, we believe this is a perfect market to direct our expertise and provide additional revenue opportunities for Ozop by designing, supplying, and programming renewable energy smart systems.”  

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Currently trading at a $92 million market valuation OZSC does have a significant amount of debt on the books incurred during the Company’s massive growth stage. They do have a strong cash postion with $6.7 million in the treasury and very strong sales of $11,928,605 for the 3 months ended December 31, 2021. According to the 10k OZSC recently filed Currently under management: 1. Eight sites are being negotiated under Letters of Intent for site control for potential implementation of in-front-of-the-meter battery storage projects. 2. A $4 million, 11 MW three-month supply agreement for solar components with a carport manufacturer. It is anticipated that this agreement will increase to $2-4 Million per month during the balance of 2021. 3 in-house distributions of inverters, collectors, and racking systems. 4 EV charging stations, first installation paperwork being negotiated, and we will be filing for all applicable rebates, permits and approvals. First site valuation is approximately $450,000 with 300 additional sites under review. In June the Company reported an order for 38 electric vehicle charging stations to be installed various locations in Brooklyn, NY, continuing their steps in developing a regional NeoGrid Modular Network (patent pending) that will spark a new generation of electrical supply, storage & distribution. The orders, valued @ $2,000,000.00 pre-incentive, come through wholly owned subsidiary Ozop Energy Systems, Inc. (OES) which calls for Twenty-Eight (28) dual port Level II Enel X Juice Pedestal chargers and Ten (10) Level III rapid chargers. OZSC also just announced it will deliver a 2 megawatt (MW) / 4-megawatt hour (MWh) smart energy storage project with Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven energy storage services, to one of its commercial property customers in the Borough of Brooklyn, New York. Microcapdaily has reported on OZSC many times during the past year as the Company completed the acquisition of PCTI stating in August: PCTI has been making a number of big moves and currently has 4 projects in production and others in various states in the queue with over $6.9m in solid pipeline projects. PCTI has been biding on some big projects including being the sole bidder on a project to upgrade a 1 MW power supply that will be used in a classified marine propulsion application for the U.S. Navy. This follows on the heels of 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. OZSC is a stock to watch here; currently under heavy accumulation now that the stock has established lows and formed a real reversal and still trading near the bottom, OZSC has a long history of big moves running to $0.50 per share this time last year. With legions of shareholders accumulating, significant momentum and liquidity, OZSC has a significant gap to fill from curren4t levels. 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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Disclosure: we hold no position in OZSC either long or short and we have not been compensated for this article

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