Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) is an energy solutions company with an innovative, ‘Made in the USA’ line of products. The company uses state-of-the-art technology to design, develop, and manufacture high quality energy storage systems. OGES has four high-demand target markets: motive applications; stationary living space power for domestic, commercial, and grid applications; remote control and portable devices; and starter motor batteries for motorcycles, jets skis, cars and trucks.
Oakridge Global Energy Solutions, Inc. has a number of attractive highlights to offer its investors. The company’s innovative manufacturing techniques allow it to offer competitive prices to all its target markets while still producing all products in the U.S. In addition to this, OGES’s lithium-ion batteries remain the leaders of their type. With this, Oakridge is able to predict sales of $140 million in 2016, gross profits of 30% to 35% for its product range, and an estimate of around $1 billion in sales within the next four years.*
In recent times, OGES restructured its operations which, from now on, will enable it to expand its market reach further. Oakridge is currently running its operations through a facility in Palm Bay, Florida. This facility is key to the growth of the company, as it plays a central role in meeting customer demand. Aside from the financial growth, the facility enables OGES to focus its attention on bringing jobs and manufacturing back to America. So far, Oakridge Global Energy Solutions has positioned itself to have a presence in the international market through its subsidiary company, Oakridge Global Energy Solution Limited, Hong Kong. OGES plans to expand further throughout Europe, Australasia and Japan.
OGES is aggressively developing to become a globally-renowned brand. The company plans to expand from approximately 50 employees to over 1,000 by the end of 2018. To do this, OGES has been given over $33 million in tax incentives over the coming years. These were given to OGES by the State of Florida, Brevard County, and the City of Palm Bay. Further to OGES developing a global brand, the company is currently working toward a NASDAQ uplisting.
For the future, OGES’s main goal is to maintain its stature as an industry leader. The company plans to use its many patents developed for Thin Film Solid State Batteries. These batteries are innovative within the electronics, robotics, and medical industries, among others. Manufacturing these new Thin Film Solid State Batteries is a perfect step forward for OGES, as they can be produced under the company’s patents. The batteries can last years without being recharged and will provide steady power to a number of electronic devices in various industries. Oakridge Global Energy Solutions aims to be ready for full commercial production and manufacturing of Thin Film Solid State Batteries in late 2016 or early 2017.
For more information, visit www.oakridgeglobalenergy.com
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