Item 5. Market for Registrant’s Common Equity
ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
The
Company’s common stock began trading on May 8, 2017, and currently trades on the OTC Pink Market under the symbol “OZSC.”
The closing price of our common stock on April 15, 2024, was $0.0009.
Holders
As
of December 31, 2023, the Company had 5,481,513,400 shares of our common stock issued and outstanding held by 117 holders of record.
Recent
Sales of Unregistered Securities
The
following are all shares issued during the quarter ended December 31, 2023:
On
October 13, 2023, the Company sold 47,972,885 shares to GHS at $0.001896 and received net proceeds of $88,112, after deducting transaction
and broker fees of $2,844.
On
October 31, 2023, the Company sold 91,082,533 shares to GHS at $0.00152 and received net proceeds of $134,652, after deducting transaction
and broker fees of $3,794.
On
November 15, 2023, the Company sold 86,675,954 shares to GHS at $0.00152 and received net proceeds of $128,088, after deducting transaction
and broker fees of $3,660.
On
December 5, 2023, the Company sold 102,865,103 shares to GHS at $0.00136 and received net proceeds of $136,074, after deducting transaction
and broker fees of $3,823.
On
December 20, 2023, the Company sold 95,210,645 shares to GHS at $0.00152 and received net proceeds of $140,801, after deducting transaction
and broker fees of $3,919.
The
Company issued the foregoing securities in reliance on an exemption from registration provided by Section 4(a)(2) of the Securities Act
of 1933, as amended, and/or Rule 506(b) promulgated thereunder, as there was no general solicitation to the investors and the transactions
did not involve a public offering.
9
Dividends
We
have not declared or paid dividends on our common stock since our formation, and we do not anticipate paying dividends in the foreseeable
future. Declaration or payment of dividends, if any, in the future, will be at the discretion of our Board of Directors and will depend
on our then current financial condition, results of operations, capital requirements and other factors deemed relevant by the Board of
Directors. There are no contractual restrictions on our ability to declare or pay dividends.
Securities
authorized for issuance under equity compensation plans
None
Purchases
of Equity Securities by the Issuer and Affiliated Purchasers
None.
OTHER
STOCKHOLDER MATTERS
None.
Item
6. Selected Financial Data
Not
applicable to smaller reporting companies .
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.