OZSC - Ozop Energy Solutions Doesn't Have Much Going For It Beyond The Share Price
- The company is involved in the production of energy products such as chargers and inverters and is dipping its toes in the renewable energy space.
- However, Ozop is valued at more than $950 million as of the time of writing and barely has any revenues.
- What's worse, it has negative working capital of $4.6 million and the share count can increase by up to 9.7 billion shares due to convertible preferred shares and notes.
- The main driver behind the company’s high valuation seems to be high retail investor interest.
- I don’t think the business is worth much in its current state.
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Ozop Energy Solutions Doesn't Have Much Going For It Beyond The Share Price