Oakridge Global (OGES): The Battery Business is Recession Pr Oakridge Global (OGES): The Battery Business is Recession Proof
Many uncertainties exist in today’s economy. People have to be much smarter with their money and change spending habits in order to compensate for a lack of disposable income. Take golf carts for example. A consumer is much more likely to pay more for longer lasting batteries instead of buying the newest model golf cart every year. Add Oakridge Global Energy Solutions, Inc. (OTC: OGES) to the conversation.
Oakridge is a producer of lithium-based batteries for a multitude of residential, commercial, government, and medical applications that are made entirely in the US. Most batteries are produced in China and, while they’re cheap, they just don’t last very long. Oakridge makes high quality lithium-based batteries with significantly longer lifespans than the competition. Longer life in batteries means fewer trips to the store; increased reliability and performance when you really need it; more money in your pocket; and less tonnage dumped into landfills.
Alternative energy is the future, but it is unattainable, in a practical sense without a sustainable energy storage solution. You can have the most efficient solar panel or the highest power generating wind turbine, but unless you have a way to effectively store, harness, and access that energy, the point is moot.
The company uses two state-of-the-art production facilities in Florida to produce its batteries and has a perfect mix of science project winners and investment professionals needed to become a leader in the industry. Batteries are the food for our technologies, so the demand will always be there. What distinguishes Oakridge Global from the competition is that it is the only battery maker offering ‘Made in the USA’ solutions.
The company is largely held by a foreign investment group (90 percent of the outstanding common stock) made up of Australian, Japanese and European families, so that tells you this is not a quick profit type of investment. They are here for the long haul and constantly developing new products to stay ahead of the competition.
For more information, visit www.oakg.net
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