Home Financial Markets Penny Stocks Let's find out what's happening with this trending penny stock: Ozop Energy...

Let’s find out what’s happening with this trending penny stock: Ozop Energy Solutions. (OZSC)

Company stock was up 20% to $0.234 at the previous close. During the day trading on Friday, stock price ranged between $0.199 to $0.2495 as a total of 268,596,446 shared changed hands. The company’s 52-week range was reported $0.0045 – $2.00.

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A variety of ultra-high power chargers, inverters, and power supplies were developed, invented, and manufactured by Ozop Energy Solutions for various applications in the defense, heavy industry, aircraft, maritime, and other sectors. Providing assets and infrastructure needed to store energy to a rapidly growing renewable energy market is the cornerstone of the Company’s strategy.

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Recent Development

On February 6, 2021, Ozop Energy Solutions. (OZSC) revealed that a press release issued by the Company on January 12, 2021, regarding a Master Supply Agreement had been withdrawn. OzopEnergy Solution did not reportedly possess the authority to issue the press release, and the agreement is no longer in effect.

On February 2, 2021, Ozop Energy Solutions. (OZSC) Its subsidiary Ozop Energy Systems has agreed with Bical Auto Mall, the largest consignment store in New York, to sell EV chargers.

Initially, we will be providing Bical with four electric vehicle chargers for two locations for $80,000. We have signed a vendor agreement with them to resell to the LMA, including 300 additional dealers in New York.

According to Brian Conway, CEO of Ozop Energy Systems, The Company is extremely pleased to be working with Bical Auto Mall. A family-owned business has been serving the community for over three decades and incorporating the four brands of general motors. Also, Mr. Bical has another store in Suffolk County, NY, exclusively a Chevrolet dealership.

Having been born in Guyana, Mr. Bical moved to America to follow the American dream. Over time Mr. Bical became a partner in the dealership after working as a mechanic for Kristal Auto Mall. After earning success as a partner, Mr. Bical established the Kristal Auto Mall and began expanding. In 2018, Mr. Bical constructed “Bical Auto Mall,” a 2.2-acre new mall that glistens amidst the water and stretches over the land.

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Furthermore, since Mr. Bical is Vice-President of Marketing for Chevrolet on the east coast and President of Marketing for Cadillac on the east coast, he has fostered a secure relationship with General Motors.

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