The Ozop Energy Solutions (OTCMKTS:OZSC) stock extended its decline on Monday and tanked by as much as 11%. The latest decline in the stock took its losses since the middle of April to as much as 28%. There was no news about the company yesterday that might have led to the sharp decline, however, it might be a good move to take a look at development from last week.
The company announced last week that its new sales division, which is controlled by Ozop Energy Systems, has ordered inventory worth as much as $1.5 million for the company’s warehouse located on the West Coast.
However, more importantly, it should be noted that the company believes that as it builds inventory in order to service the needs of its client base, Ozop can bring as much as $2 million to $3 million in sales every month. It now remains to be seen if Ozop Energy can mount a recovery this week or not.
Writing for business and finance publishers has become his passion over the last decades after he completed a master’s degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.