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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
October
19, 2021
Date
of Report
(Date
of earliest event reported)
OZOP
ENERGY SOLUTIONS, INC.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
000-55976 |
|
35-2540672 |
(State
or other jurisdiction
of
Incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
26
N. Main St.
Florida,
NY 10921
(Address
of principal executive offices, including zip code)
(845)
544-5112
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities
Act |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| None |
|
N/A |
|
N/A |
Item
7.01 Regulation FD Disclosure.
The
Company issued press releases on October 19, 2021, October 20, 2021, and October 21, 2021. A copy of the press releases
issued by the Company are attached as Exhibits 99.1, 99.2 and 99.3 to this Current Report on Form 8-K, which are incorporated
by reference solely for purposes of this Item 7.01 disclosure.
Exhibits 99.1, 99.2 and 99.3 contain forward-looking
statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions
that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate.
Actual outcomes and results may differ materially from what is expressed in these forward-looking statements.
The information set forth under this Item 7.01, including
Exhibits 99.1, 99.2 and 99.3, is being furnished and, as a result, such information shall not be deemed “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the
liabilities of such Section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated:
October 22, 2021
| |
OZOP
ENERGY SOLUTIONS, INC. |
| |
|
| |
By: |
/s/
Brian Conway |
| |
Name: |
Brian
Conway |
| |
Title: |
Chief
Executive Officer |
Exhibit
99.1
Power
Conversion Technologies Launches Commercial Line of Ground Power Units for Business, Civil Aerospace Markets
PCTI
Unveils New Products for Commercial Aerospace Sector After 30 Years of Success with Military Aircraft
Florida,
NY-October 19, 2021 –Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), announced its wholly
owned subsidiary, Power Conversion Technologies, Inc. (PCTI), will parlay its 30 years of experience producing ground power units (GPUs)
for the military aerospace market and expand into the business and civil aerospace sectors. PCTI has successfully engineered solutions
for military customers since 1991 and will now bring its experience to the commercial aerospace industry.
“PCTI
has been a leading GPU provider for decades in one critical sector, and it’s time for us to expand into new markets for business
and civil aviation,” said Bill Yargeau, President of PCTI. “There has been notable growth in these markets due to a rebounding
tourism industry and growing consumer spending power in Asia. A travel rebound means more flights with faster turnaround times, which
translates to a higher need for GPUs to keep airports running.”
PCTI’s
robust products have life cycles for 15-20 years and are built with the highest durability standards. They are engineered with harsh
environments in mind, which increases the time between maintenance cycles. For this product launch, PCTI is focused on civil and business
aircraft GPU requirements and will offer 400Hz frequency converters and the 28VDC power supplies.
According
to SR Analysis, the GPU market is showing a global compound annual growth rate of 3.4%, going from $625.2 million in 2019 to an anticipated
$952.6 million in 2027. This market value is divided between fixed and mobile applications, both of which PCTI already make as customized
products today.
“PCTI’s
GPUs will also address two of the civil and business aerospace market’s key challenges: an inadequate charging infrastructure and
a lack of trained staff,” said Yargeau. “Most GPUs are complex and expensive to maintain throughout their lifecycle. Maintenance
and repair add additional costs, which causes airlines to purchase fewer new units or buy refurbished units, which causes more expenses
and can lead to equipment and infrastructure damage. PCTI counters these challenges by providing a more robust product along with pre
and post services with customer purchases.”
PCTI
has reviewed their military surplus and history of products, providing a standardized portfolio in support of the commercial aerospace
market. They have developed a comprehensive program to roll out their initial products into this market. The sales team has already started
educating and training the agents/distributors on the product and the benefits they bring to the market. This will be completed over
the next couple of weeks. PCTI will continuously review this market space and add new products where appropriate.
About
Power Conversion Technologies, Inc.
Power
Conversion Technologies, Inc. designs, engineers, manufactures, and distributes standard and custom power electronic solutions for industrial,
military and sustainable energy sectors. Founded in 1991 and located in East Butler, Pennsylvania, PCTI’s mission is to be the
global leader for high power electronics with the highest standard of reliability, quality and continued innovation. For more information
on PCTI please follow us on our website www.pcti.com or Twitter, Facebook and LinkedIn.
About
Ozop Energy Solutions.
Ozop
Energy Solutions (http://ozopenergy.com/) 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.
About
Ozop Energy Systems, Inc.
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.
https://twitter.com/OzopEnergy
https://www.facebook.com/OzopEnergy/
The
Waypoint Refinery (discord.com)
Safe
Harbor Statement
“This
press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve
significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s
plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,”
“may,” “will,” “could,” “would,” “should,” “believes,” “expects,”
“anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions.
These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant
risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual
results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The
company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events
or otherwise, except as required by applicable law.”
Media
Relations Contact - Ozop
Brian
Hyland
Rubenstein
Public Relations
212-805-3055
[email protected]
Investor
Relations Contact – Ozop
The
Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com
Exhibit
99.2
Ozop
Energy Solutions Awarded Contract from a Leading EV-powered Aircraft Company
Contract
Awarded for One 100KW DC Power Supply and One 100KW Load Bank – From a US Company Developing Electric Commercial Aircraft
Warwick,
NY-October 20, 2021 –Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), announced today that
its wholly owned subsidiary, Power Conversion Technologies, Inc. (PCTI), has received an order from an electric commercial aircraft company
for a solid-state 100KW power supply and a large 100KW load bank. PCTI spent many hours working with the company to ensure all specifications
of the products would fit their application. This unit is one of three to be delivered over the next year.
“I
am so proud of the PCTI organization as we are expanding our portfolio and reaching into a new market space. On the customer front our
team worked for numerous hours designing and engineering the solution with the customer, to accommodate this new application for the
aerospace industry,” said Bill Yargeau President PCTI.
The
EV-powered aviation company is developing a zero-emission aircraft for the commercial industry. Their current project is around a single-aisle
electric aircraft designed to travel short distances. They are currently testing their latest model and are looking to have an EV-powered
aircraft supporting commercial airline travel around 2030.
“EV-powered
aircraft will be a huge contributor to improving the environment and reducing climate change by the next decade, and it will happen thanks
to technology from PCTI,” said Brian Conway, CEO of Ozop Energy Solutions. “PCTI provides critical components to help deliver
green solutions to the aerospace sector.”
About
Power Conversion Technologies, Inc.
Power
Conversion Technologies, Inc. designs, engineers, manufactures, and distributes standard and custom power electronic solutions for industrial,
military and sustainable energy sectors. Founded in 1991 and located in East Butler, Pennsylvania, PCTI’s mission is to be the
global leader for high power electronics with the highest standard of reliability, quality and continued innovation. For more information
on PCTI please follow us on our website www.pcti.com or Twitter, Facebook and LinkedIn.
About
Ozop Energy Solutions.
Ozop
Energy Solutions (http://ozopenergy.com/) 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.
About
Ozop Energy Systems, Inc.
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.
https://twitter.com/OzopEnergy
https://www.facebook.com/OzopEnergy/
The
Waypoint Refinery (discord.com)
Safe
Harbor Statement
“This
press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve
significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s
plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,”
“may,” “will,” “could,” “would,” “should,” “believes,” “expects,”
“anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions.
These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant
risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual
results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The
company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events
or otherwise, except as required by applicable law.”
Media
Relations Contact - Ozop
Rubenstein
Public Relations
212-805-3055
[email protected]
Investor
Relations Contact – Ozop
The
Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com
Exhibit
99.3
Ozop
Energy Solutions - Mission Complete!
Pearl
Harbor 1 MW Power Supply Modification
Warwick,
NY-October 21, 2021 –Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), announced today that
its wholly owned subsidiary, Power Conversion Technologies, Inc. (PCTI), has completed the modifications and commissioning of the 1 MW
power supply that will be used in a classified nuclear propulsion application of the U.S. Navy.
OZOP’s
investors have been watching the progress of the Pearl Harbor project at PCTI over the past few months. We are proud to say “Mission
Complete.” PCTI finalized the Pearl Harbors modifications over the past couple weeks. PCTI and the Pearl Harbor team have been
putting the power supply through its trials at the United States Naval base. At the end of this period PCTI received the “thumbs
up” from the Pearl Harbor team as the power supply completed the testing requirements. As the testing is now done, we look forward
to the power supply to go into service in January of 2022.
“I
just would like to express how proud I am of the PCTI team from the modifications through the commissioning.” said Bill Yargeau,
President of PCTI . “We are grateful that the US Navy has placed such a high level of trust in PCTI to develop and now modify the
power supply to support their multi-billion-dollar equipment”.
About
Power Conversion Technologies, Inc.
Power
Conversion Technologies, Inc. designs, engineers, manufactures and distributes standard and custom power electronic solutions for industrial,
military and sustainable energy sectors. Founded in 1991 and located in East Butler, Pennsylvania, PCTI’s mission is to be the
global leader for high power electronics with the highest standard of reliability, quality and continued innovation. For more information
on PCTI please follow us on our website www.pcti.com or Twitter, Facebook and LinkedIn.
https://twitter.com/power_conv_tech
https://www.facebook.com/PowerConversionTech
https://www.linkedin.com/company/power-conversion-technologies-inc-
About
Ozop Energy Solutions.
Ozop
Energy Solutions (http://ozopenergy.com/) 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.
About
Ozop Energy Systems, Inc.
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.
https://twitter.com/OzopEnergy
https://www.facebook.com/OzopEnergy/
The
Waypoint Refinery (discord.com)
Safe
Harbor Statement
“This
press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve
significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s
plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,”
“may,” “will,” “could,” “would,” “should,” “believes,” “expects,”
“anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions.
These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant
risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual
results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The
company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events
or otherwise, except as required by applicable law.”
Media
Relations Contact - Ozop
Rubenstein
Public Relations
212-805-3055
[email protected]
Investor
Relations Contact – Ozop
The
Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com