SEC Comment Letter for OZOP ENERGY SOLUTIONS, INC. (OZSC) (CIK 0001679817) (OZSC) — Sep 19, 2016
OZOP ENERGY SOLUTIONS, INC. (OZSC) (CIK 0001679817)
Date: Sept. 19, 2016 · CIK: 0001679817 · Accession: 0000000000-16-093430
AI Filing Summary & Sentiment
Reasoning
Letter
Mail Stop 3561 September 19, 2016 Denis Razvodovskij President Newmarkt Corp. P.O. Box 1408 5348 Vegas Drive Las Vegas, NV 89108
Re: Newmarkt Corp. Amendment No. 1 t o Registration Statement on Form S -1 Filed September 7 , 2016 File No. 333 -212821
Dear Mr. Razvodovskij :
We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.
Please respond to this letter by amending your registration statement and providing the requested information . If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our August 26, 2016 letter .
Prospectus Summary, page 5
1. We note your response to our prior comment 2 and reissue in part. Please disclose your monthly burn rate .
Directors, Executive Officers, Promo ter and Control Persons, page 23
2. We note your response to our prior comment 11 and reissue. We note your disclosure indicating that Mr. Razvodovksij worked for UAB “Kantorius” for the past five years. Please clarify whether Mr. Razvodovskij is still presently employed by UAB “Kantorius”
Denis Razvodovskij Newmarkt Corp. September 19, 201 6 Page 2
since there is no indication if and when he ceased working for that company. As such, please revise to clarify if Mr. Razvodovskij remains employed by UAB “Kantorius” and , if not , when such employment concluded.
You may contact Aamira Chaudhry at (202) 551 -3389 or Lyn Shenk at (202) 551 -3380 if you have questions regarding comments on the financial statements and related matters. Please contact John Stickel at (202) 551 -3324 or me at (202) 551 -3210 with any other questions.
Sincerely,
/s/ Susan Block
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Mail Stop 3561 September 19, 2016 Denis Razvodovskij President Newmarkt Corp. P.O. Box 1408 5348 Vegas Drive Las Vegas, NV 89108 Re: Newmarkt Corp. Amendment No. 1 t o Registration Statement on Form S -1 Filed September 7 , 2016 File No. 333 -212821 Dear Mr. Razvodovskij : We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information . If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our August 26, 2016 letter . Prospectus Summary, page 5 1. We note your response to our prior comment 2 and reissue in part. Please disclose your monthly burn rate . Directors, Executive Officers, Promo ter and Control Persons, page 23 2. We note your response to our prior comment 11 and reissue. We note your disclosure indicating that Mr. Razvodovksij worked for UAB “Kantorius” for the past five years. Please clarify whether Mr. Razvodovskij is still presently employed by UAB “Kantorius” Denis Razvodovskij Newmarkt Corp. September 19, 201 6 Page 2 since there is no indication if and when he ceased working for that company. As such, please revise to clarify if Mr. Razvodovskij remains employed by UAB “Kantorius” and , if not , when such employment concluded. You may contact Aamira Chaudhry at (202) 551 -3389 or Lyn Shenk at (202) 551 -3380 if you have questions regarding comments on the financial statements and related matters. Please contact John Stickel at (202) 551 -3324 or me at (202) 551 -3210 with any other questions. Sincerely, /s/ Susan Block Susan Block Attorney Advisor Office of Transportation and Leisure cc: Andrew J. Befumo , Esq. Befumo & Schaeffer, PLLC