Ozop Energy Solutions Inc (OZSC)

[BullishGuru]

Just to clarify..

the reduction of debt by $1 million by the pubco was an assignment given to the previous CFO to reduce the debt via negotiation with lenders, as in "reduce your debt by X or you loose this great deal, leaving your debt worthless as we file chapter 11". It has nothing to do with conversions, but a negotiation tool, which with the right motivation (the LoI) can be quite successful. The ex CFO has a financial reward for being successful as well (and it's "best efforts" btw)

We know what the numbers are and multiple $1,600 conversions every three days isn't being deducted from that million. The market isn't our tool to reduce the debt, our actions in the next few weeks will address this. It's day 2. Trade wisely. The debt is in the filings. Small ones are just taking their opportunity to trade out, I can't stop that atm, but it's a work in progress. The lenders will rather our offer than watch the market dry up or risk the deal.