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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

 

November 21, 2023

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.)

 

42 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 November 21, 2023, November 24, 2023, December 5, 2023, and December 12, 2023. Copies of the press releases issued by the Company are attached as Exhibits 99.1, 99.2, 99.3, and 99.4 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, 99.3, and 99.4 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, 99.3, and 99.4, 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.

 

Exhibit Number   Description
99.1   Press Release dated November 21, 2023
99.2   Press Release dated November 24, 2023
99.3   Press Release dated December 5, 2023
99.4   Press Release dated December 12, 2023
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

   

 

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: December 18, 2023

 

  OZOP ENERGY SOLUTIONS, INC.
     
  By: /s/ Brian Conway
  Name: Brian Conway
  Title: Chief Executive Officer

 

   

 

Exhibit 99.1

 

A logo of a company

Description automatically generated

 

CalTex Launches Custom Branded Fully Charged VSC through its Agent Network to 4,000 Dealerships

 

Warwick, NY, November 21, 2023 - EV Insurance Company, Inc. dba OZOP Plus, a wholly owned subsidiary of Ozop Energy Solutions, Inc. (OZSC or the “Company”), announces Cal-Tex Protective Coatings, Inc. (“CalTex”) has launched their white-labeled version of the Fully Charged Vehicle Service Contract to be marketed to their network of 4,000 automotive dealerships. Cal-Tex has branded the VSC as EV Complete Battery Plus.

 

Under the Agent Agreement, CalTex’s EV Complete Battery Plus, benefits from OZOP Plus’s battery protection expertise. This strategic move allows Cal-Tex to leverage its well-established relationships with auto dealerships and F&I personnel to offer the enhanced features and benefits of the Fully Charged VSC to their extensive customer base including the nationwide roadside charging network and nationwide battery recycling program included in every VSC. OZOP Plus will receive the battery portion of all premiums sold through Cal-Tex.

 

Royal Administration (“Royal”) will be the Third-Party Administrator (the “TPA”) for any claims. With Royal’s robust TPA services, claims processing will be efficient and streamlined, ensuring peace of mind for every EV buyer, dealer, and service centers.

 

Brian Conway, CEO of OZOP Plus, expressed his enthusiasm for CalTex’s integration of the EV VSC into their portfolio, stating, “CalTex represents the perfect fit for the type of distribution partner OZOP seeks, as they have the necessary key relationships with car dealers and the Finance and Insurance employees of dealerships. CalTex, a trusted name in the market, boasts a remarkable 40-year history of specialization in protective coatings for vehicles at the point of sale. The company is enthusiastic about integrating the Fully Charged VSC into their existing portfolio. This move aims to fortify their position in the market and provide their customers with a comprehensive suite of offerings to protect and enhance electric vehicles.”

 

With CalTex marketing their white label of the Fully Charged VSC, OZOP Plus’s reach to dealerships nationwide continues to grow. Consolidating the strengths of Royal and CalTex within the automotive industry, the Fully Charged VSC will now be accessible in a total of 7,000 dealerships, creating new revenue opportunities for OZOP Plus and Royal.

 

John Luckett, Executive Vice President of CalTex, expressed his excitement about the product launch, stating, “We are thrilled to announce our strategic partnership with OZOP Plus. This collaboration marks a significant milestone for us as we join forces with a company known for their strength in battery protection, ultra-high power charger manufacturing and renewable energy products. At CalTex, we are committed to delivering innovative solutions to our customers, and partnering with OZOP Plus allows us to further enhance our offerings. Together, we look forward to driving mutual success, providing unparalleled value, and shaping the future of EV Vehicles Service Contracts. This partnership exemplifies our dedication to excellence and underscores our shared commitment to pushing the boundaries of what is possible. We are excited about the possibilities that lie ahead and confident that this collaboration will bring about new and exciting opportunities for both our organizations and, most importantly, our customers.”

 

 
 

 

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 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.

 

About Ozop Engineering and Design

 

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. Our mission is recognized for our deep understanding of power management systems and ability to provide the right solution for each facility.www.ozopengineering.com

 

About Ozop Capital Partners

 

Ozop Capital Partners Inc. is a wholly owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”). Ozop Capital Partners will market Vehicle Service Contracts. EVIC, DBA Ozop Plus is a licensed reinsurance company that will be ceded the battery portion of a vehicle service contract for the electric vehicle market, focusing on battery replacement, repair, and roadside assistance products.

 

About Royal Administration Services, Inc.

 

Royal Administration Services, Inc. is a developer, provider, and administrator of Vehicle Service Contracts. Royal is dedicated to providing the most innovative products, services and support available in the industry today. Royal has been in business for over 35 years, administers in excess of two million policies and has paid over $.5 billion in claims.

 

 
 

 

About CalTex Protective Coatings, Inc.

 

Headquartered in Schertz, Texas, a suburb of San Antonio, CalTex was founded in 1983. Originally two separate automotive product businesses, one located in California and the other in Texas, the two merged to form Cal-Tex Protective Coatings, Incorporated. Since then, CalTex has grown to become the premier provider of environmental protection and aftermarket products sold through thousands of automotive dealerships nationwide.

 

Our continued success is enabled by our many talented employees with diverse backgrounds and experiences. Cal-Tex prides itself on a strong, energetic, customer-focused culture built upon the core values of Compassion, Humility, Integrity, Service, and Teamwork.

 

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 a range of 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.”

 

Investor Relations Contact – Ozop

The Waypoint Refinery, LLC

845-397-2956

www.thewaypointrefinery.com

 

 

 

Exhibit 99.2

 

Logo, company name

Description automatically generated

 

OZOP Plus Engages TecAssured to Provide Direct to Consumer Electric Vehicle Service Contracts

 

Warwick, NY, Nov. 24, 2023 — EV Insurance Company, Inc, DBA OZOP Plus, a wholly owned subsidiary of Ozop Energy Solutions, Inc. (OZSC), announces a collaboration with TecAssured LLC, a leading software company renowned for its cutting-edge technology solutions in the comprehensive lifecycle management.

 

TecAssured’s prowess in developing innovative solutions for service contracts, warranties, and aftermarket products across diverse industries is set to elevate OZOP Plus’s offerings to new heights. Their robust rating engine, streamlined administration software, online sales portals, and direct-to-consumer eContracting websites, provide customizable and out-of-the-box solutions that empower companies nationwide.

 

In a strategic move poised to reshape the market, OZOP Plus is set to unveil its’ OZOP Plus branded Electric Vehicle, Vehicle Service Contract (VSC) directly to consumers. The agreement allows OZOP Plus to create separate landing pages for any organization that wishes to market the Fully Charged VSC to their members and for that organization to earn a marketing fee. The product also offers a streamlined payment processing system, ensuring a seamless online transaction experience for customers.

 

This agreement evidences our commitment to provide comprehensive battery protection to consumers. Royal Administration will continue to serve as the Third-Party Administrator (TPA) for claims, leveraging their expertise in claims processing through their dedicated claims center and the battery portion of the premium for all VSC’s sold will be ceded to OZOP Plus.

 

Brian Conway, CEO of Ozop stated, “With a shared commitment to excellence and innovation, OZOP Plus and TecAssured are set to redefine the electric vehicle service contract market, delivering value-added services and a customer-centric approach. This collaboration underscores OZOP Plus’s dedication to staying at the forefront of the industry, providing cutting-edge solutions for electric vehicle owners nationwide.”

“We are thrilled to partner with OZOP Plus on this exciting journey towards revolutionizing the electric vehicle service contract market, said Joseph Pesce, CEO of TecAssured. “Our advanced technology, combined with OZOP Plus’s dedication to excellence, will provide consumers with robust battery protection and a smooth online transaction experience.”

 

 
 

 

About Ozop Energy Solutions

 

Ozop Energy Solutions (http://ozopenergy.com/) is a market leader in inventing, designing, developing, manufacturing, and distributing ultra-high-power chargers, inverters, and power supplies for a variety of sectors. Our strategic focus lies in seizing a significant share of the rapidly growing renewable energy market.

 

About TecAssured

 

TecAssured is a leading provider of streamlined technology solutions for the sale, management and end-to-end administration of automotive aftermarket, insurance and consumer products. Our integrated software suite offers the industry’s most powerful rating engine, end-to-end management tools – from multi-provider plan comparisons and online sales to administration and claims – with unparalleled flexibility and speed-to-market. Each can be implemented out-of-the-box or customized by combining features across our software platforms, integrating with product providers, and connecting to financing and other industry solutions. To learn more visit www.tecassured.com or call us at 614-881-1042.

 

About Ozop Energy Systems, Inc.

 

Ozop Energy Systems is a top-tier manufacturer and distributor of renewable energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We offer a broad portfolio of competitively priced renewable energy products with a firm commitment to customer satisfaction.

 

About Ozop Engineering and Design

 

Ozop Engineering and Design (http://ozopengineering.com) is renowned for engineering energy-efficient, easy-to-install-and-use digital lighting controls solutions for commercial buildings, campuses, and sports complexes across North America.

 

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...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.”

 

Investor Relations Contact – Ozop

The Waypoint Refinery, LLC

845-397-2956

www.thewaypointrefinery.com

 

 

 

Exhibit 99.3

 

 

Ozop Energy Solutions, Inc. (OZSC) Expands Vehicle Service Contracts to Include Hybrid Vehicles in Collaboration with Royal Administration Services, Inc.

 

Warwick, NY, [December 5th, 2023] (GLOBE NEWSWIRE) — Ozop Energy Solutions, Inc. (Ozop), a leader in innovative energy solutions, announces a significant enhancement to its vehicle service contract (VSC) portfolio through a strategic collaboration with Royal Administration Services, Inc. (Royal). Building on the success of the existing Electric Vehicle (EV) VSC, Ozop will now extend its coverage to Hybrid Vehicles, solidifying its position as a comprehensive provider in the electric and hybrid vehicle warranty market.

 

EV Insurance Company, Inc. (DBA OZOP Plus), a wholly owned subsidiary of Ozop Energy Solutions, will market and white-label Royal’s Fully Charged VSC for both Electric and Hybrid Vehicles. Consistent with the current VSC, OZOP Plus assumes all risk associated with the electric and hybrid vehicle batteries. The battery premium has been determined based on factors such as the duration of the VSC, selected mileage coverage, and the specifications of the vehicle.

 

Brian Conway, CEO of Ozop Energy Solutions, expressed his enthusiasm about the hybrid inclusion, stating, “We are very excited to strengthen our partnership with Royal to create what we believe is a best-in-class VSC. The expansion to cover hybrid vehicles is another significant step forward in our commitment to making OZOP Plus the premier provider for EV and hybrid warranty products. The comprehensive coverage and high limits offered by our VSC’s bring peace of mind to every EV and hybrid vehicle buyer.”

 

Richard McCabe, CEO of Royal stated “We’re very excited to be able to expand this program with our Ozop partnership to include the Hybrid Vehicle market.”

 

The addition of hybrid vehicles marks a significant milestone for the Company and Royal, as they continue to innovate and lead in the electric and hybrid vehicle extended warranty space. The expanded VSC coverage for hybrid vehicles is poised to meet the evolving needs of consumers and dealers, providing unparalleled protection and peace of mind.

 

https://www.youtube.com/watch?v=zRDsuc95yek

 

About Ozop Energy Solutions.

 

Ozop Energy Solutions (Ozop Energy Solutions (http://ozopenergy.com/) is the flagship company that oversees a wide variety of products in various stages of development in the renewable energy sector. 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 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.

 

About Ozop Engineering and Design

 

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. Our mission is to be recognized for our deep understanding of power management systems and ability to provide the right solution for each facility.

 

www.ozopengineering.com

 

About Ozop Capital Partners

 

Ozop Capital Partners, Inc. is a wholly owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”). EVIC, DBA Ozop Plus is licensed as a captive insurer that reinsures.

 

https://twitter.com/OzopEnergy

https://www.facebook.com/OzopEnergy/

 

About Royal Administration Services, Inc.

 

Royal Administration Services, Inc. is a provider and administrator of vehicle service contracts. The business’ products include automobile warranty plans, automobile warranty service, and automobile warranty service insurance. Royal has been in business for over 35 years, has written in excess of two million policies and has paid over $2 billion in claims.

 

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.”

 

Investor Relations Contact – Ozop

The Waypoint Refinery, LLC

845-397-2956

www.thewaypointrefinery.com

 

 

 

 

Exhibit 99.4

 

 

Ozop Announces the Revival of Its NeoGrid Project, Code-Named NeoVolt

 

WARWICK, NY – (December 12th) – Ozop Energy Solutions, Inc. (OZSC), a pioneer in advanced energy solutions, is pleased to announce the revitalization of its NeoGrid project, now re-engineered and rebranded as NeoVolt. This initiative marks a pivotal advancement in Ozop’s commitment to revolutionizing the distributed power grid infrastructure.

 

“Embracing innovation often involves revisiting foundational concepts and enhancing them,” stated Brian Conway, CEO of Ozop Energy Solutions, Inc. “NeoVolt represents this philosophy. We revisited the original NeoGrid framework and focused on refining its transportability and scalability features, which were critical limitations in the initial design.”

 

NeoVolt is engineered as a scalable battery storage solution, incorporating state-of-the-art modular ‘battery sleds’. These units are meticulously designed for optimal performance in various settings. Their aluminum and rubberized construction ensures durability and adaptability across different environments. Each sled is equipped with an array of configurable battery cells, capable of efficient energy storage and distribution.

 

The versatility of NeoVolt allows for its application across multiple scenarios:

 

  Emergency and Remote Power Supply: NeoVolt’s mobility and modular design make it ideal for deployment in areas affected by natural disasters or regions lacking traditional power infrastructure.
  Residential and Commercial Energy Solutions: Its scalability allows for customized energy storage solutions, from individual homes to larger commercial complexes.
  Industrial and Grid-Scale Applications: NeoVolt can be integrated into larger energy networks, providing essential load balancing and energy storage capabilities to stabilize and optimize grid performance.

 

“The insights gleaned from our ARC project were instrumental in developing NeoVolt,” added Brian Conway. “ARC’s breakthroughs in scalable control systems directly influenced the sophisticated design of NeoVolt. This project mirrors our growth as a leader in engineering innovation, consistently pushing the boundaries of energy distribution technology.”

 

About Ozop Energy Solutions.

 

Ozop Energy Solutions (Ozop Energy Solutions (http://ozopenergy.com/) is the flagship company that oversees a wide variety of products in various stages of development in the renewable energy sector. 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 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.

 

About Ozop Engineering and Design

 

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. Our mission is to be recognized for our deep understanding of power management systems and ability to provide the right solution for each facility.

www.ozopengineering.com

 

About Ozop Capital Partners

 

Ozop Capital Partners, Inc. is a wholly owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”). EVIC, DBA Ozop Plus is licensed as a captive insurer that reinsures.

 

https://twitter.com/OzopEnergy

https://www.facebook.com/OzopEnergy/

 

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.”

 

Investor Relations Contact – Ozop

The Waypoint Refinery, LLC

845-397-2956

www.thewaypointrefinery.com

 

 

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