SEC Info - Organicell Regenerative Medicine, Inc. - ‘10-K’ for 10/31/23

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Organicell Regenerative Medicine, Inc. – ‘10-K’ for 10/31/23 – ‘EX-101.LAB’

On: Monday, 1/29/24, at 4:36pm ET · For: 10/31/23 · Accession #: 1829126-24-541 · File #: 0-55008

Previous ‘10-K’: ‘10-K’ on 2/14/23 for 10/31/22 · Latest ‘10-K’: This Filing · 25 References:

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/29/24  Organicell Regenerative Medi… Inc 10-K       10/31/23   73:7.7M                                   Empire Filings/FA

Annual Report — Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.81M 
 2: EX-23.1(A)  Consent of Expert or Counsel                        HTML     19K 
 3: EX-23.1(B)  Consent of Expert or Counsel                        HTML     19K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     24K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     24K 
 6: EX-32.1     Certification -- §906 - SOA'02                      HTML     20K 
 7: EX-32.2     Certification -- §906 - SOA'02                      HTML     20K 
13: R1          Cover                                               HTML     85K 
14: R2          Consolidated Balance Sheets                         HTML    123K 
15: R3          Consolidated Balance Sheets (Parenthetical)         HTML     40K 
16: R4          Consolidated Statements of Operations               HTML     90K 
17: R5          Consolidated Statements of Operations               HTML     21K 
                (Parenthetical)                                                  
18: R6          Consolidated Changes to Stockholders' Equity        HTML     89K 
                (Deficit)                                                        
19: R7          Consolidated Statements of Cash Flows               HTML    140K 
20: R8          Organization and Description of Business            HTML     26K 
21: R9          Summary of Significant Accounting Policies          HTML     76K 
22: R10         Going Concern                                       HTML     29K 
23: R11         Restructuring                                       HTML     33K 
24: R12         Inventories                                         HTML     26K 
25: R13         Property and Equipment                              HTML     38K 
26: R14         Equity in Non-Marketable Securities of Affiliated   HTML     30K 
                Entity                                                           
27: R15         Lease Obligations                                   HTML     43K 
28: R16         Related Party Transactions                          HTML     37K 
29: R17         Accounts Payable and Accrued Expenses               HTML     30K 
30: R18         Notes Payable                                       HTML     65K 
31: R19         Income Taxes                                        HTML     73K 
32: R20         Capital Stock                                       HTML    119K 
33: R21         Warrants                                            HTML    152K 
34: R22         Commitments and Contingencies                       HTML     87K 
35: R23         Segment Information                                 HTML     26K 
36: R24         Summary of Significant Accounting Policies          HTML    122K 
                (Policies)                                                       
37: R25         Inventories (Tables)                                HTML     26K 
38: R26         Property and Equipment (Tables)                     HTML     31K 
39: R27         Equity in Non-Marketable Securities of Affiliated   HTML     25K 
                Entity (Tables)                                                  
40: R28         Lease Obligations (Tables)                          HTML     27K 
41: R29         Accounts Payable and Accrued Expenses (Tables)      HTML     30K 
42: R30         Notes Payable (Tables)                              HTML     26K 
43: R31         Income Taxes (Tables)                               HTML     65K 
44: R32         Capital Stock (Tables)                              HTML     43K 
45: R33         Warrants (Tables)                                   HTML     72K 
46: R34         Summary of Significant Accounting Policies          HTML     93K 
                (Details Narrative)                                              
47: R35         Going Concern (Details Narrative)                   HTML     46K 
48: R36         Restructuring (Details Narrative)                   HTML     44K 
49: R37         Inventories (Details)                               HTML     26K 
50: R38         Property and Equipment (Details)                    HTML     37K 
51: R39         Property and Equipment (Details Narrative)          HTML     41K 
52: R40         Equity in Non-Marketable Securities of Affiliated   HTML     24K 
                Entity (Details)                                                 
53: R41         Lease Obligations (Details)                         HTML     38K 
54: R42         Lease Obligations (Details Narrative)               HTML     75K 
55: R43         Related Party Transactions (Details Narrative)      HTML     61K 
56: R44         Accounts Payable and Accrued Expenses (Details)     HTML     37K 
57: R45         Notes Payable (Details)                             HTML     29K 
58: R46         Notes Payable (Details Narrative)                   HTML    159K 
59: R47         Income Taxes (Details)                              HTML     44K 
60: R48         Income Taxes (Details 1)                            HTML     39K 
61: R49         Income Taxes (Details 2)                            HTML     41K 
62: R50         Income Taxes (Details Narrative)                    HTML     31K 
63: R51         Capital Stock (Details)                             HTML     36K 
64: R52         Capital Stock (Details Narrative)                   HTML    235K 
65: R53         Warrants (Details)                                  HTML     65K 
66: R54         Warrants (Details Narrative)                        HTML    163K 
67: R55         Commitments and Contingencies (Details Narrative)   HTML    154K 
68: R56         Segment Information (Details Narrative)             HTML     22K 
70: XML         IDEA XML File -- Filing Summary                      XML    124K 
73: XML         XBRL Instance -- organicellregen_10k_htm             XML   1.53M 
69: EXCEL       IDEA Workbook of Financial Report Info              XLSX    171K 
 9: EX-101.CAL  XBRL Calculations -- ocel-20231031_cal               XML    197K 
10: EX-101.DEF  XBRL Definitions -- ocel-20231031_def                XML    607K 
11: EX-101.LAB  XBRL Labels -- ocel-20231031_lab                     XML   1.05M 
12: EX-101.PRE  XBRL Presentations -- ocel-20231031_pre              XML    887K 
 8: EX-101.SCH  XBRL Schema -- ocel-20231031                         XSD    209K 
71: JSON        XBRL Instance as JSON Data -- MetaLinks              435±   607K 
72: ZIP         XBRL Zipped Folder -- 0001829126-24-000541-xbrl      Zip    477K

‘EX-101.LAB’ — XBRL Labels — ocel-20231031_lab

This Exhibit is an XBRL File.

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<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel"/>

<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel"/>

<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel"/>

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<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel"/>

<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel"/>

<link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="us-gaap_StatementClassOfStockAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xml:lang="en-US"> Class of Stock [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SeriesCPreferredStockMember" xlink:label="us-gaap_SeriesCPreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesCPreferredStockMember" xlink:to="us-gaap_SeriesCPreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SeriesCPreferredStockMember_lbl" xml:lang="en-US"> Series C Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US"> Equity Components [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="us-gaap_CommonStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US"> Common Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="us-gaap_AdditionalPaidInCapitalMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalMember" xlink:to="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US"> Additional Paid-in Capital [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsMember" xlink:to="us-gaap_RetainedEarningsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsMember_lbl" xml:lang="en-US"> Retained Earnings [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConcentrationRiskByBenchmarkAxis" xlink:label="us-gaap_ConcentrationRiskByBenchmarkAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskByBenchmarkAxis" xlink:to="us-gaap_ConcentrationRiskByBenchmarkAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskByBenchmarkAxis_lbl" xml:lang="en-US"> Concentration Risk Benchmark [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SalesRevenueNetMember" xlink:label="us-gaap_SalesRevenueNetMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueNetMember" xlink:to="us-gaap_SalesRevenueNetMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesRevenueNetMember_lbl" xml:lang="en-US"> Revenue Benchmark [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="us-gaap_ConcentrationRiskByTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskByTypeAxis" xlink:to="us-gaap_ConcentrationRiskByTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskByTypeAxis_lbl" xml:lang="en-US"> Concentration Risk Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CustomerConcentrationRiskMember" xlink:label="us-gaap_CustomerConcentrationRiskMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CustomerConcentrationRiskMember" xlink:to="us-gaap_CustomerConcentrationRiskMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CustomerConcentrationRiskMember_lbl" xml:lang="en-US"> Customer Concentration Risk [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_MajorCustomersAxis" xlink:label="srt_MajorCustomersAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MajorCustomersAxis" xlink:to="srt_MajorCustomersAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MajorCustomersAxis_lbl" xml:lang="en-US"> Customer [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_LargeDistributorAndDistributorsCustomersMember" xlink:label="OCEL_LargeDistributorAndDistributorsCustomersMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_LargeDistributorAndDistributorsCustomersMember" xlink:to="OCEL_LargeDistributorAndDistributorsCustomersMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_LargeDistributorAndDistributorsCustomersMember_lbl" xml:lang="en-US"> Large distributor and distributors customers [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ALargeDistributorAndTheDistributorsCustomersMember" xlink:label="OCEL_ALargeDistributorAndTheDistributorsCustomersMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ALargeDistributorAndTheDistributorsCustomersMember" xlink:to="OCEL_ALargeDistributorAndTheDistributorsCustomersMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ALargeDistributorAndTheDistributorsCustomersMember_lbl" xml:lang="en-US"> A large distributor and the distributors customers [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_IndividualMedicalPracticeMember" xlink:label="OCEL_IndividualMedicalPracticeMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_IndividualMedicalPracticeMember" xlink:to="OCEL_IndividualMedicalPracticeMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_IndividualMedicalPracticeMember_lbl" xml:lang="en-US"> Individual Medical Practice [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CustomersOfAnotherDistributorMember" xlink:label="OCEL_CustomersOfAnotherDistributorMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CustomersOfAnotherDistributorMember" xlink:to="OCEL_CustomersOfAnotherDistributorMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CustomersOfAnotherDistributorMember_lbl" xml:lang="en-US"> Customers of another distributor [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ManagementServicesOrganizationMember" xlink:label="OCEL_ManagementServicesOrganizationMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ManagementServicesOrganizationMember" xlink:to="OCEL_ManagementServicesOrganizationMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ManagementServicesOrganizationMember_lbl" xml:lang="en-US"> Management Services Organization [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_TissueRawMaterialMember" xlink:label="OCEL_TissueRawMaterialMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_TissueRawMaterialMember" xlink:to="OCEL_TissueRawMaterialMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_TissueRawMaterialMember_lbl" xml:lang="en-US"> Tissue Raw Material [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FirstSupplierMember" xlink:label="OCEL_FirstSupplierMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FirstSupplierMember" xlink:to="OCEL_FirstSupplierMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FirstSupplierMember_lbl" xml:lang="en-US"> First Supplier [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SecondSupplierMember" xlink:label="OCEL_SecondSupplierMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SecondSupplierMember" xlink:to="OCEL_SecondSupplierMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SecondSupplierMember_lbl" xml:lang="en-US"> Second Supplier [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RangeAxis_lbl" xml:lang="en-US"> Statistical Measurement [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MinimumMember" xlink:to="srt_MinimumMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MinimumMember_lbl" xml:lang="en-US"> Minimum [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_MaximumMember" xlink:label="srt_MaximumMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MaximumMember" xlink:to="srt_MaximumMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MaximumMember_lbl" xml:lang="en-US"> Maximum [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xml:lang="en-US"> Antidilutive Securities [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommonSharesIssuableUponExerciseOfWarrantsMember" xlink:label="OCEL_CommonSharesIssuableUponExerciseOfWarrantsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommonSharesIssuableUponExerciseOfWarrantsMember" xlink:to="OCEL_CommonSharesIssuableUponExerciseOfWarrantsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommonSharesIssuableUponExerciseOfWarrantsMember_lbl" xml:lang="en-US"> Common Shares Issuable Upon Exercise Of Warrants [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_UnvestedRestrictedStockMember" xlink:label="OCEL_UnvestedRestrictedStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_UnvestedRestrictedStockMember" xlink:to="OCEL_UnvestedRestrictedStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_UnvestedRestrictedStockMember_lbl" xml:lang="en-US"> Unvested Restricted Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_CounterpartyNameAxis" xlink:label="srt_CounterpartyNameAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_CounterpartyNameAxis" xlink:to="srt_CounterpartyNameAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_CounterpartyNameAxis_lbl" xml:lang="en-US"> Counterparty Name [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SkycrestHoldingsMember" xlink:label="OCEL_SkycrestHoldingsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SkycrestHoldingsMember" xlink:to="OCEL_SkycrestHoldingsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SkycrestHoldingsMember_lbl" xml:lang="en-US"> Skycrest Holdings [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Beyond100FZEMember" xlink:label="OCEL_Beyond100FZEMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Beyond100FZEMember" xlink:to="OCEL_Beyond100FZEMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Beyond100FZEMember_lbl" xml:lang="en-US"> Beyond 100 FZE [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_TypeOfArrangementAxis" xlink:label="us-gaap_TypeOfArrangementAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TypeOfArrangementAxis" xlink:to="us-gaap_TypeOfArrangementAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TypeOfArrangementAxis_lbl" xml:lang="en-US"> Collaborative Arrangement and Arrangement Other than Collaborative [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConsultingAgreementMember" xlink:label="OCEL_ConsultingAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConsultingAgreementMember" xlink:to="OCEL_ConsultingAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConsultingAgreementMember_lbl" xml:lang="en-US"> Consulting Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_WarrantMember" xlink:label="us-gaap_WarrantMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WarrantMember" xlink:to="us-gaap_WarrantMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WarrantMember_lbl" xml:lang="en-US"> Warrant [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SkycrestMember" xlink:label="OCEL_SkycrestMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SkycrestMember" xlink:to="OCEL_SkycrestMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SkycrestMember_lbl" xml:lang="en-US"> Skycrest [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:to="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xml:lang="en-US"> Long-Lived Tangible Asset [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ComputerEquipmentMember" xlink:label="us-gaap_ComputerEquipmentMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComputerEquipmentMember" xlink:to="us-gaap_ComputerEquipmentMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComputerEquipmentMember_lbl" xml:lang="en-US"> Computer Equipment [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FinanceLeaseEquipmentMember" xlink:label="OCEL_FinanceLeaseEquipmentMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FinanceLeaseEquipmentMember" xlink:to="OCEL_FinanceLeaseEquipmentMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FinanceLeaseEquipmentMember_lbl" xml:lang="en-US"> Finance lease equipment [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ManufacturingEquipmentMember" xlink:label="OCEL_ManufacturingEquipmentMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ManufacturingEquipmentMember" xlink:to="OCEL_ManufacturingEquipmentMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ManufacturingEquipmentMember_lbl" xml:lang="en-US"> Manufacturing Equipment [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="us-gaap_LeaseholdImprovementsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseholdImprovementsMember" xlink:to="us-gaap_LeaseholdImprovementsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LeaseholdImprovementsMember_lbl" xml:lang="en-US"> Leasehold Improvements [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PurchaserMember" xlink:label="OCEL_PurchaserMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PurchaserMember" xlink:to="OCEL_PurchaserMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PurchaserMember_lbl" xml:lang="en-US"> Purchaser [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_LeaseAgreementMember" xlink:label="OCEL_LeaseAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_LeaseAgreementMember" xlink:to="OCEL_LeaseAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_LeaseAgreementMember_lbl" xml:lang="en-US"> Lease Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US"> Legal Entity [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_MariLunaMember" xlink:label="OCEL_MariLunaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_MariLunaMember" xlink:to="OCEL_MariLunaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_MariLunaMember_lbl" xml:lang="en-US"> Mari Luna [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_BasaltLabAgreementMember" xlink:label="OCEL_BasaltLabAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_BasaltLabAgreementMember" xlink:to="OCEL_BasaltLabAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_BasaltLabAgreementMember_lbl" xml:lang="en-US"> Basalt Lab Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SecondLeaseAgreementMember" xlink:label="OCEL_SecondLeaseAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SecondLeaseAgreementMember" xlink:to="OCEL_SecondLeaseAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SecondLeaseAgreementMember_lbl" xml:lang="en-US"> Second Lease Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_MichaelCarbonaraMember" xlink:label="OCEL_MichaelCarbonaraMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_MichaelCarbonaraMember" xlink:to="OCEL_MichaelCarbonaraMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_MichaelCarbonaraMember_lbl" xml:lang="en-US"> Michael Carbonara [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ExecutiveEmploymentAgreementsMember" xlink:label="OCEL_ExecutiveEmploymentAgreementsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ExecutiveEmploymentAgreementsMember" xlink:to="OCEL_ExecutiveEmploymentAgreementsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ExecutiveEmploymentAgreementsMember_lbl" xml:lang="en-US"> Executive Employment Agreements [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AlbertMitraniMember" xlink:label="OCEL_AlbertMitraniMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AlbertMitraniMember" xlink:to="OCEL_AlbertMitraniMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AlbertMitraniMember_lbl" xml:lang="en-US"> Albert Mitrani [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DrMariaInesMitraniMember" xlink:label="OCEL_DrMariaInesMitraniMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DrMariaInesMitraniMember" xlink:to="OCEL_DrMariaInesMitraniMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DrMariaInesMitraniMember_lbl" xml:lang="en-US"> Dr. Mari Mitrani [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="us-gaap_LongtermDebtTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeAxis" xlink:to="us-gaap_LongtermDebtTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xml:lang="en-US"> Long-Term Debt, Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_UnsecuredPromissoryNoteMember" xlink:label="OCEL_UnsecuredPromissoryNoteMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_UnsecuredPromissoryNoteMember" xlink:to="OCEL_UnsecuredPromissoryNoteMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_UnsecuredPromissoryNoteMember_lbl" xml:lang="en-US"> Unsecured Promissory Note [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SecuritiesPurchaseAgreementMember" xlink:label="OCEL_SecuritiesPurchaseAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SecuritiesPurchaseAgreementMember" xlink:to="OCEL_SecuritiesPurchaseAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SecuritiesPurchaseAgreementMember_lbl" xml:lang="en-US"> Securities Purchase Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AdditionalCommitmentMember" xlink:label="OCEL_AdditionalCommitmentMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AdditionalCommitmentMember" xlink:to="OCEL_AdditionalCommitmentMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AdditionalCommitmentMember_lbl" xml:lang="en-US"> Additional Commitment [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PromissoryNoteMember" xlink:label="OCEL_PromissoryNoteMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PromissoryNoteMember" xlink:to="OCEL_PromissoryNoteMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PromissoryNoteMember_lbl" xml:lang="en-US"> Promissory Note [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PromissoryNoteSPA23Member" xlink:label="OCEL_PromissoryNoteSPA23Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PromissoryNoteSPA23Member" xlink:to="OCEL_PromissoryNoteSPA23Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PromissoryNoteSPA23Member_lbl" xml:lang="en-US"> Promissory Note SPA 23 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommitmentFeeSharesMember" xlink:label="OCEL_CommitmentFeeSharesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommitmentFeeSharesMember" xlink:to="OCEL_CommitmentFeeSharesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommitmentFeeSharesMember_lbl" xml:lang="en-US"> Commitment Fee Shares [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WarrantSharesMember" xlink:label="OCEL_WarrantSharesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WarrantSharesMember" xlink:to="OCEL_WarrantSharesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WarrantSharesMember_lbl" xml:lang="en-US"> Warrant Shares [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xml:lang="en-US"> Related Party, Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FourInvestorsMember" xlink:label="OCEL_FourInvestorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FourInvestorsMember" xlink:to="OCEL_FourInvestorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FourInvestorsMember_lbl" xml:lang="en-US"> 4 Investors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AwardTypeAxis" xlink:to="us-gaap_AwardTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AwardTypeAxis_lbl" xml:lang="en-US"> Award Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SeriesCNonConvertiblePreferredStockMember" xlink:label="OCEL_SeriesCNonConvertiblePreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SeriesCNonConvertiblePreferredStockMember" xlink:to="OCEL_SeriesCNonConvertiblePreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SeriesCNonConvertiblePreferredStockMember_lbl" xml:lang="en-US"> Series C Non Convertible Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_OneAccreditedInvestorsMember" xlink:label="OCEL_OneAccreditedInvestorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_OneAccreditedInvestorsMember" xlink:to="OCEL_OneAccreditedInvestorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_OneAccreditedInvestorsMember_lbl" xml:lang="en-US"> One Accredited Investors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SeveralAccreditedInvestorsMember" xlink:label="OCEL_SeveralAccreditedInvestorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SeveralAccreditedInvestorsMember" xlink:to="OCEL_SeveralAccreditedInvestorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SeveralAccreditedInvestorsMember_lbl" xml:lang="en-US"> Several Accredited Investors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FourAccreditedInvestorsMember" xlink:label="OCEL_FourAccreditedInvestorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FourAccreditedInvestorsMember" xlink:to="OCEL_FourAccreditedInvestorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FourAccreditedInvestorsMember_lbl" xml:lang="en-US"> Four Accredited Investors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SalesExecutivesMember" xlink:label="OCEL_SalesExecutivesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SalesExecutivesMember" xlink:to="OCEL_SalesExecutivesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SalesExecutivesMember_lbl" xml:lang="en-US"> Sales Executives [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SalesExecutiveMember" xlink:label="OCEL_SalesExecutiveMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SalesExecutiveMember" xlink:to="OCEL_SalesExecutiveMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SalesExecutiveMember_lbl" xml:lang="en-US"> Sales Executive [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConsultantsAgreementMember" xlink:label="OCEL_ConsultantsAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConsultantsAgreementMember" xlink:to="OCEL_ConsultantsAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConsultantsAgreementMember_lbl" xml:lang="en-US"> Consultants Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConsultantsMember" xlink:label="OCEL_ConsultantsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConsultantsMember" xlink:to="OCEL_ConsultantsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConsultantsMember_lbl" xml:lang="en-US"> Consultants [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConsultantMember" xlink:label="OCEL_ConsultantMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConsultantMember" xlink:to="OCEL_ConsultantMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConsultantMember_lbl" xml:lang="en-US"> Consultant [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_TwoIndividualsMember" xlink:label="OCEL_TwoIndividualsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_TwoIndividualsMember" xlink:to="OCEL_TwoIndividualsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_TwoIndividualsMember_lbl" xml:lang="en-US"> Two Individuals [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConsultantOneMember" xlink:label="OCEL_ConsultantOneMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConsultantOneMember" xlink:to="OCEL_ConsultantOneMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConsultantOneMember_lbl" xml:lang="en-US"> Consultant 1 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SinnreichMember" xlink:label="OCEL_SinnreichMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SinnreichMember" xlink:to="OCEL_SinnreichMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SinnreichMember_lbl" xml:lang="en-US"> Sinnreich [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConsultingAgreement1Member" xlink:label="OCEL_ConsultingAgreement1Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConsultingAgreement1Member" xlink:to="OCEL_ConsultingAgreement1Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConsultingAgreement1Member_lbl" xml:lang="en-US"> Consulting Agreement 1 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ThirdPartyMember" xlink:label="OCEL_ThirdPartyMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ThirdPartyMember" xlink:to="OCEL_ThirdPartyMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ThirdPartyMember_lbl" xml:lang="en-US"> Third Party [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_EmployeeMember" xlink:label="OCEL_EmployeeMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_EmployeeMember" xlink:to="OCEL_EmployeeMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_EmployeeMember_lbl" xml:lang="en-US"> Employee [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ServiceProviderMember" xlink:label="OCEL_ServiceProviderMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ServiceProviderMember" xlink:to="OCEL_ServiceProviderMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ServiceProviderMember_lbl" xml:lang="en-US"> Service Provider [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PlanNameAxis" xlink:label="us-gaap_PlanNameAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameAxis" xlink:to="us-gaap_PlanNameAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PlanNameAxis_lbl" xml:lang="en-US"> Plan Name [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_N22021PlanMember" xlink:label="OCEL_N22021PlanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_N22021PlanMember" xlink:to="OCEL_N22021PlanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_N22021PlanMember_lbl" xml:lang="en-US"> N2 2021 Plan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Plan2021Member" xlink:label="OCEL_Plan2021Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Plan2021Member" xlink:to="OCEL_Plan2021Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Plan2021Member_lbl" xml:lang="en-US"> 2021 Plan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_GreytMember" xlink:label="OCEL_GreytMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_GreytMember" xlink:to="OCEL_GreytMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_GreytMember_lbl" xml:lang="en-US"> Greyt [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_IanBothwellMember" xlink:label="OCEL_IanBothwellMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_IanBothwellMember" xlink:to="OCEL_IanBothwellMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_IanBothwellMember_lbl" xml:lang="en-US"> Ian Bothwell [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DrGeorgeShapiroMember" xlink:label="OCEL_DrGeorgeShapiroMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DrGeorgeShapiroMember" xlink:to="OCEL_DrGeorgeShapiroMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DrGeorgeShapiroMember_lbl" xml:lang="en-US"> Dr George Shapiro [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FiveSeparateConsultingAndEmploymentAgreementsMember" xlink:label="OCEL_FiveSeparateConsultingAndEmploymentAgreementsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FiveSeparateConsultingAndEmploymentAgreementsMember" xlink:to="OCEL_FiveSeparateConsultingAndEmploymentAgreementsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FiveSeparateConsultingAndEmploymentAgreementsMember_lbl" xml:lang="en-US"> Five Separate Consulting And Employment Agreements [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DirectorsServiceAgreementMember" xlink:label="OCEL_DirectorsServiceAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DirectorsServiceAgreementMember" xlink:to="OCEL_DirectorsServiceAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DirectorsServiceAgreementMember_lbl" xml:lang="en-US"> Directors Service Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FiveNonExecutiveDirectorsMember" xlink:label="OCEL_FiveNonExecutiveDirectorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FiveNonExecutiveDirectorsMember" xlink:to="OCEL_FiveNonExecutiveDirectorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FiveNonExecutiveDirectorsMember_lbl" xml:lang="en-US"> Five Non Executive Directors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_EmploymentAgreementMember" xlink:label="OCEL_EmploymentAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_EmploymentAgreementMember" xlink:to="OCEL_EmploymentAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_EmploymentAgreementMember_lbl" xml:lang="en-US"> Employment Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Dr.LeiderMember" xlink:label="OCEL_Dr.LeiderMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Dr.LeiderMember" xlink:to="OCEL_Dr.LeiderMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Dr.LeiderMember_lbl" xml:lang="en-US"> Dr. Leider [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Dr.GolubMember" xlink:label="OCEL_Dr.GolubMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Dr.GolubMember" xlink:to="OCEL_Dr.GolubMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Dr.GolubMember_lbl" xml:lang="en-US"> Dr. Golub [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Ms.SwartzMember" xlink:label="OCEL_Ms.SwartzMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Ms.SwartzMember" xlink:to="OCEL_Ms.SwartzMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Ms.SwartzMember_lbl" xml:lang="en-US"> Ms. Swartz [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SkincareAgreementMember" xlink:label="OCEL_SkincareAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SkincareAgreementMember" xlink:to="OCEL_SkincareAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SkincareAgreementMember_lbl" xml:lang="en-US"> Skincare Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AmendedSkincareAgreementMember" xlink:label="OCEL_AmendedSkincareAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AmendedSkincareAgreementMember" xlink:to="OCEL_AmendedSkincareAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AmendedSkincareAgreementMember_lbl" xml:lang="en-US"> Amended Skincare Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SalesAgreementMember" xlink:label="OCEL_SalesAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SalesAgreementMember" xlink:to="OCEL_SalesAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SalesAgreementMember_lbl" xml:lang="en-US"> Sales Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FormulatorMember" xlink:label="OCEL_FormulatorMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FormulatorMember" xlink:to="OCEL_FormulatorMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FormulatorMember_lbl" xml:lang="en-US"> Formulator [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_MrMitraniMember" xlink:label="OCEL_MrMitraniMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_MrMitraniMember" xlink:to="OCEL_MrMitraniMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_MrMitraniMember_lbl" xml:lang="en-US"> Mr. Mitrani [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Mr.BothwellMember" xlink:label="OCEL_Mr.BothwellMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Mr.BothwellMember" xlink:to="OCEL_Mr.BothwellMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Mr.BothwellMember_lbl" xml:lang="en-US"> Mr. Bothwell’s [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Mr.MitraniMember" xlink:label="OCEL_Mr.MitraniMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Mr.MitraniMember" xlink:to="OCEL_Mr.MitraniMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_Mr.MitraniMember_lbl" xml:lang="en-US"> Mr. Mitrani [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Dr.LeidersMember" xlink:label="OCEL_Dr.LeidersMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Dr.LeidersMember" xlink:to="OCEL_Dr.LeidersMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Dr.LeidersMember_lbl" xml:lang="en-US"> Dr. Leiders [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Dr.GolubsMember" xlink:label="OCEL_Dr.GolubsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Dr.GolubsMember" xlink:to="OCEL_Dr.GolubsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Dr.GolubsMember_lbl" xml:lang="en-US"> Dr. Golub’s [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_Ms.SwartzsMember" xlink:label="OCEL_Ms.SwartzsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Ms.SwartzsMember" xlink:to="OCEL_Ms.SwartzsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Ms.SwartzsMember_lbl" xml:lang="en-US"> Ms. Swartzs [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConsultantAgreementsMember" xlink:label="OCEL_ConsultantAgreementsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConsultantAgreementsMember" xlink:to="OCEL_ConsultantAgreementsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConsultantAgreementsMember_lbl" xml:lang="en-US"> Consultant Agreements [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AssureImmuneMember" xlink:label="OCEL_AssureImmuneMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AssureImmuneMember" xlink:to="OCEL_AssureImmuneMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AssureImmuneMember_lbl" xml:lang="en-US"> Assure Immune [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US"> Cover [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US"> Document Type </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US"> Amendment Flag </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US"> Amendment Description </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US"> Document Registration Statement </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US"> Document Annual Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US"> Document Quarterly Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US"> Document Transition Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US"> Document Shell Company Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US"> Document Shell Company Event Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US"> Document Period Start Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US"> Document Period End Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US"> Document Fiscal Period Focus </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US"> Document Fiscal Year Focus </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US"> Current Fiscal Year End Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US"> Entity File Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US"> Entity Registrant Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US"> Entity Central Index Key </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US"> Entity Primary SIC Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US"> Entity Tax Identification Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US"> Entity Incorporation, State or Country Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US"> Entity Address, Address Line One </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US"> Entity Address, Address Line Two </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US"> Entity Address, Address Line Three </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US"> Entity Address, City or Town </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US"> Entity Address, State or Province </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US"> Entity Address, Country </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US"> Entity Address, Postal Zip Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US"> Country Region </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US"> City Area Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US"> Local Phone Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Extension" xlink:label="dei_Extension"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US"> Extension </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US"> Written Communications </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US"> Soliciting Material </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US"> Pre-commencement Tender Offer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US"> Pre-commencement Issuer Tender Offer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US"> Title of 12(b) Security </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US"> No Trading Symbol Flag </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US"> Trading Symbol </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US"> Security Exchange Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US"> Title of 12(g) Security </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US"> Security Reporting Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US"> Annual Information Form </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US"> Audited Annual Financial Statements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US"> Entity Well-known Seasoned Issuer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US"> Entity Voluntary Filers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US"> Entity Current Reporting Status </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US"> Entity Interactive Data Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US"> Entity Filer Category </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US"> Entity Small Business </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US"> Entity Emerging Growth Company </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US"> Elected Not To Use the Extended Transition Period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US"> Document Accounting Standard </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US"> Other Reporting Standard Item Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US"> Entity Shell Company </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US"> Entity Public Float </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US"> Entity Bankruptcy Proceedings, Reporting Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US"> Documents Incorporated by Reference [Text Block] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFinStmtErrorCorrectionFlag" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFinStmtErrorCorrectionFlag" xlink:to="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xml:lang="en-US"> Document Financial Statement Error Correction [Flag] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorName" xlink:label="dei_AuditorName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorName" xlink:to="dei_AuditorName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorName_lbl" xml:lang="en-US"> Auditor Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorFirmId" xlink:label="dei_AuditorFirmId"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorFirmId" xlink:to="dei_AuditorFirmId_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorFirmId_lbl" xml:lang="en-US"> Auditor Firm ID </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorLocation" xlink:label="dei_AuditorLocation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorLocation" xlink:to="dei_AuditorLocation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorLocation_lbl" xml:lang="en-US"> Auditor Location </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US"> Statement [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US"> Statement [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US"> ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="us-gaap_AssetsCurrentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrentAbstract" xlink:to="us-gaap_AssetsCurrentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xml:lang="en-US"> Current Assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Cash" xlink:label="us-gaap_Cash"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Cash" xlink:to="us-gaap_Cash_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Cash_lbl" xml:lang="en-US"> Cash </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="us-gaap_AccountsReceivableNetCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableNetCurrent" xlink:to="us-gaap_AccountsReceivableNetCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableNetCurrent_lbl" xml:lang="en-US"> Accounts receivable, net of allowance for bad debts </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ReceivablesFromRelatedParties" xlink:label="OCEL_ReceivablesFromRelatedParties"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ReceivablesFromRelatedParties" xlink:to="OCEL_ReceivablesFromRelatedParties_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ReceivablesFromRelatedParties_lbl" xml:lang="en-US"> Receivables from related parties </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherReceivablesNetCurrent" xlink:label="us-gaap_OtherReceivablesNetCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherReceivablesNetCurrent" xlink:to="us-gaap_OtherReceivablesNetCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherReceivablesNetCurrent_lbl" xml:lang="en-US"> Other receivables </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PrepaidExpenseCurrent" xlink:label="us-gaap_PrepaidExpenseCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaidExpenseCurrent" xlink:to="us-gaap_PrepaidExpenseCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PrepaidExpenseCurrent_lbl" xml:lang="en-US"> Prepaid expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryNet" xlink:label="us-gaap_InventoryNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryNet" xlink:to="us-gaap_InventoryNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryNet_lbl" xml:lang="en-US"> Inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsCurrent" xlink:label="us-gaap_AssetsCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AssetsCurrent_lbl" xml:lang="en-US"> Total Current Assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US"> Property and equipment, net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssets" xlink:to="us-gaap_OtherAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssets_lbl" xml:lang="en-US"> Other assets – right of use </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SecurityDeposit" xlink:label="us-gaap_SecurityDeposit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecurityDeposit" xlink:to="us-gaap_SecurityDeposit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SecurityDeposit_lbl" xml:lang="en-US"> Security deposits </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US"> TOTAL ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US"> LIABILITIES, SHARES SUBJECT TO POSSIBLE REDEMPTION AND STOCKHOLDERS’ (DEFICIT) EQUITY </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="us-gaap_LiabilitiesCurrentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrentAbstract" xlink:to="us-gaap_LiabilitiesCurrentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrentAbstract_lbl" xml:lang="en-US"> Current Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent" xlink:to="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_lbl" xml:lang="en-US"> Accounts payable and accrued expenses </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AdvancesPayableToFormerOfficer" xlink:label="OCEL_AdvancesPayableToFormerOfficer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AdvancesPayableToFormerOfficer" xlink:to="OCEL_AdvancesPayableToFormerOfficer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AdvancesPayableToFormerOfficer_lbl" xml:lang="en-US"> Advances payable to former officer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityCurrent" xlink:label="us-gaap_FinanceLeaseLiabilityCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityCurrent" xlink:to="us-gaap_FinanceLeaseLiabilityCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityCurrent_lbl" xml:lang="en-US"> Finance lease obligations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseLiability" xlink:label="us-gaap_OperatingLeaseLiability"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLiability" xlink:to="us-gaap_OperatingLeaseLiability_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xml:lang="en-US"> Operating lease obligations </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PromissoryNoteNetOfDebtDiscount" xlink:label="OCEL_PromissoryNoteNetOfDebtDiscount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PromissoryNoteNetOfDebtDiscount" xlink:to="OCEL_PromissoryNoteNetOfDebtDiscount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PromissoryNoteNetOfDebtDiscount_lbl" xml:lang="en-US"> Promissory note, net of debt discount </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConvertiblePromissoryNoteNetOfDebtDiscount" xlink:label="OCEL_ConvertiblePromissoryNoteNetOfDebtDiscount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConvertiblePromissoryNoteNetOfDebtDiscount" xlink:to="OCEL_ConvertiblePromissoryNoteNetOfDebtDiscount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConvertiblePromissoryNoteNetOfDebtDiscount_lbl" xml:lang="en-US"> Convertible promissory note, net of debt discount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ContractualObligation" xlink:label="us-gaap_ContractualObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ContractualObligation" xlink:to="us-gaap_ContractualObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ContractualObligation_lbl" xml:lang="en-US"> Commitment Fee Shortfall Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommitmentToRepurchaseSharesInConnectionWithSettlementOfLitigation" xlink:label="OCEL_CommitmentToRepurchaseSharesInConnectionWithSettlementOfLitigation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommitmentToRepurchaseSharesInConnectionWithSettlementOfLitigation" xlink:to="OCEL_CommitmentToRepurchaseSharesInConnectionWithSettlementOfLitigation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommitmentToRepurchaseSharesInConnectionWithSettlementOfLitigation_lbl" xml:lang="en-US"> Commitment to repurchase shares in connection with settlement of litigation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredRevenue" xlink:label="us-gaap_DeferredRevenue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredRevenue" xlink:to="us-gaap_DeferredRevenue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredRevenue_lbl" xml:lang="en-US"> Deferred revenue </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesCurrent" xlink:label="us-gaap_LiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesCurrent_lbl" xml:lang="en-US"> Total Current Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityNoncurrent" xlink:label="us-gaap_FinanceLeaseLiabilityNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityNoncurrent" xlink:to="us-gaap_FinanceLeaseLiabilityNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityNoncurrent_lbl" xml:lang="en-US"> Long term finance lease obligations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseLiabilityNoncurrent" xlink:label="us-gaap_OperatingLeaseLiabilityNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLiabilityNoncurrent" xlink:to="us-gaap_OperatingLeaseLiabilityNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseLiabilityNoncurrent_lbl" xml:lang="en-US"> Long term operating lease obligations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US"> Total Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies" xlink:to="us-gaap_CommitmentsAndContingencies_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xml:lang="en-US"> Commitments and contingencies </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SharesSubjectToPossibleRedemptionAbstract" xlink:label="OCEL_SharesSubjectToPossibleRedemptionAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SharesSubjectToPossibleRedemptionAbstract" xlink:to="OCEL_SharesSubjectToPossibleRedemptionAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SharesSubjectToPossibleRedemptionAbstract_lbl" xml:lang="en-US"> Shares Subject To Possible Redemption </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockValue" xlink:label="us-gaap_PreferredStockValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockValue" xlink:to="us-gaap_PreferredStockValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockValue_lbl" xml:lang="en-US"> Preferred stock value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="us-gaap_StockholdersEquityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US"> Stockholders’ (Deficit) Equity </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockValue" xlink:label="us-gaap_CommonStockValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockValue" xlink:to="us-gaap_CommonStockValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US"> Common stock, $0.001 par value, 2,500,000,000 shares authorized; 7,283,483 and 7,395,632 shares issued and outstanding, respectively </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="us-gaap_AdditionalPaidInCapital"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapital" xlink:to="us-gaap_AdditionalPaidInCapital_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xml:lang="en-US"> Additional paid-in capital </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US"> Accumulated deficit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US"> Total Stockholders’ (Deficit) Equity </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US"> TOTAL LIABILITIES, SHARES SUBJECT TO POSSIBLE REDEMPTION AND STOCKHOLDERS’ (DEFICIT) EQUITY </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xml:lang="en-US"> Preferred stock, par value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="us-gaap_PreferredStockSharesAuthorized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesAuthorized" xlink:to="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xml:lang="en-US"> Preferred stock, shares authorized </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="us-gaap_PreferredStockSharesIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesIssued" xlink:to="us-gaap_PreferredStockSharesIssued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xml:lang="en-US"> Preferred stock, shares issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="us-gaap_PreferredStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesOutstanding" xlink:to="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xml:lang="en-US"> Preferred stock, shares outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US"> Common stock, par value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US"> Common stock, shares authorized </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US"> Common stock, shares issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xml:lang="en-US"> Common stock, shares outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US"> Income Statement [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US"> Revenues (includes sales to related parties of approximately $115,440 and $329,600, respectively) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CostOfRevenue" xlink:label="us-gaap_CostOfRevenue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfRevenue" xlink:to="us-gaap_CostOfRevenue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfRevenue_lbl" xml:lang="en-US"> Cost of revenues </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GrossProfit" xlink:label="us-gaap_GrossProfit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GrossProfit" xlink:to="us-gaap_GrossProfit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_GrossProfit_lbl" xml:lang="en-US"> Gross profit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpense" xlink:to="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US"> General and administrative expenses (including write-off of $142,405 of officers advances in 2023) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US"> Loss from operations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherIncomeAndExpensesAbstract" xlink:label="us-gaap_OtherIncomeAndExpensesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherIncomeAndExpensesAbstract" xlink:to="us-gaap_OtherIncomeAndExpensesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherIncomeAndExpensesAbstract_lbl" xml:lang="en-US"> Other income (expense) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US"> Interest expense </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ChangeInCommitmentFeeShortfallObligation" xlink:label="OCEL_ChangeInCommitmentFeeShortfallObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ChangeInCommitmentFeeShortfallObligation" xlink:to="OCEL_ChangeInCommitmentFeeShortfallObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_ChangeInCommitmentFeeShortfallObligation_lbl" xml:lang="en-US"> Change in Commitment Fee Shortfall Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ImpairmentOfNonmarketableSecuritiesInRelatedEntity" xlink:label="OCEL_ImpairmentOfNonmarketableSecuritiesInRelatedEntity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ImpairmentOfNonmarketableSecuritiesInRelatedEntity" xlink:to="OCEL_ImpairmentOfNonmarketableSecuritiesInRelatedEntity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_ImpairmentOfNonmarketableSecuritiesInRelatedEntity_lbl" xml:lang="en-US"> Impairment of non-marketable securities in a related entity </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GainsLossesOnSalesOfAssets" xlink:label="us-gaap_GainsLossesOnSalesOfAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainsLossesOnSalesOfAssets" xlink:to="us-gaap_GainsLossesOnSalesOfAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainsLossesOnSalesOfAssets_lbl" xml:lang="en-US"> Gain on sale of assets </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_GainFromWriteoffOfLiabilitiesAttributableToDiscontinuedOperations" xlink:label="OCEL_GainFromWriteoffOfLiabilitiesAttributableToDiscontinuedOperations"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_GainFromWriteoffOfLiabilitiesAttributableToDiscontinuedOperations" xlink:to="OCEL_GainFromWriteoffOfLiabilitiesAttributableToDiscontinuedOperations_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_GainFromWriteoffOfLiabilitiesAttributableToDiscontinuedOperations_lbl" xml:lang="en-US"> Gain from write-off of liabilities attributable to discontinued operations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="us-gaap_OtherNonoperatingIncomeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNonoperatingIncomeExpense" xlink:to="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xml:lang="en-US"> Other </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US"> Net loss </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US"> Net loss per common share - basic </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US"> Net loss per common share - diluted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US"> Weighted average number of common shares outstanding - basic </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US"> Weighted average number of common shares outstanding - diluted </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_RevenuesFromRelatedParties" xlink:label="OCEL_RevenuesFromRelatedParties"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_RevenuesFromRelatedParties" xlink:to="OCEL_RevenuesFromRelatedParties_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_RevenuesFromRelatedParties_lbl" xml:lang="en-US"> Revenues from related parties </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StockholdersEquity_2_lbl" xml:lang="en-US"> Beginning balance, value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharesOutstanding" xlink:label="us-gaap_SharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_SharesOutstanding_lbl" xml:lang="en-US"> Beginning balance, shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xml:lang="en-US"> Sale of common stock </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xml:lang="en-US"> Sale of common stock, Shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:to="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_lbl" xml:lang="en-US"> Stock-based compensation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:to="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xml:lang="en-US"> Stock based compensation, Shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpa23Note" xlink:label="OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpa23Note"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpa23Note" xlink:to="OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpa23Note_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpa23Note_lbl" xml:lang="en-US"> Issuance of Common stock and Warrants as commitment fee for SPA 23 Note </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpaShares" xlink:label="OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpaShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpaShares" xlink:to="OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpaShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_IssuanceOfCommonStockAndWarrantsAsCommitmentFeeForSpaShares_lbl" xml:lang="en-US"> Issuance of Common stock and Warrants as commitment fee for SPA 23 Note, shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DiscountOnWarrantsIssuedWithConvertibleDebt" xlink:label="OCEL_DiscountOnWarrantsIssuedWithConvertibleDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DiscountOnWarrantsIssuedWithConvertibleDebt" xlink:to="OCEL_DiscountOnWarrantsIssuedWithConvertibleDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DiscountOnWarrantsIssuedWithConvertibleDebt_lbl" xml:lang="en-US"> Discount on warrants issued with convertible debt </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligation" xlink:label="OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligation" xlink:to="OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligation_lbl" xml:lang="en-US"> Stock issued in satisfaction of Commitment Fee Shortfall Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligationShares" xlink:label="OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligationShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligationShares" xlink:to="OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligationShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StockIssuedInSatisfactionOfCommitmentFeeShortfallObligationShares_lbl" xml:lang="en-US"> Stock issued in satisfaction of Commitment Fee Shortfall Obligation, shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CancellationOfSharesRepurchasedInConnectionWithLitigation" xlink:label="OCEL_CancellationOfSharesRepurchasedInConnectionWithLitigation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CancellationOfSharesRepurchasedInConnectionWithLitigation" xlink:to="OCEL_CancellationOfSharesRepurchasedInConnectionWithLitigation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CancellationOfSharesRepurchasedInConnectionWithLitigation_lbl" xml:lang="en-US"> Cancellation of shares repurchased in connection with litigation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_TionOfSharesRepurchasedInConnectionWithLitigationShares" xlink:label="OCEL_TionOfSharesRepurchasedInConnectionWithLitigationShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_TionOfSharesRepurchasedInConnectionWithLitigationShares" xlink:to="OCEL_TionOfSharesRepurchasedInConnectionWithLitigationShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_TionOfSharesRepurchasedInConnectionWithLitigationShares_lbl" xml:lang="en-US"> Cancellation of shares repurchased in connection with litigation, shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ReturnOfFormerExecutivesSharesAndWarrants" xlink:label="OCEL_ReturnOfFormerExecutivesSharesAndWarrants"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ReturnOfFormerExecutivesSharesAndWarrants" xlink:to="OCEL_ReturnOfFormerExecutivesSharesAndWarrants_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ReturnOfFormerExecutivesSharesAndWarrants_lbl" xml:lang="en-US"> Return of former executive’s shares and warrants </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ReturnOfFormerExecutivesSharesAndWarrantsShares" xlink:label="OCEL_ReturnOfFormerExecutivesSharesAndWarrantsShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ReturnOfFormerExecutivesSharesAndWarrantsShares" xlink:to="OCEL_ReturnOfFormerExecutivesSharesAndWarrantsShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ReturnOfFormerExecutivesSharesAndWarrantsShares_lbl" xml:lang="en-US"> Return of former executive's shares and warrants, shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SharesIssuedInRestructuring" xlink:label="OCEL_SharesIssuedInRestructuring"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SharesIssuedInRestructuring" xlink:to="OCEL_SharesIssuedInRestructuring_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SharesIssuedInRestructuring_lbl" xml:lang="en-US"> Shares issued in Restructuring </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CapitalContributedByExecutives" xlink:label="OCEL_CapitalContributedByExecutives"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CapitalContributedByExecutives" xlink:to="OCEL_CapitalContributedByExecutives_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CapitalContributedByExecutives_lbl" xml:lang="en-US"> Capital contributed by Executive </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingCompensation" xlink:label="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingCompensation" xlink:to="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingCompensation_lbl" xml:lang="en-US"> Warrants issued to executives as payment for outstanding compensation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionWithRestructuring" xlink:label="OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionWithRestructuring"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionWithRestructuring" xlink:to="OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionWithRestructuring_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionWithRestructuring_lbl" xml:lang="en-US"> Executive forgiveness of employment obligations in connection with Restructuring </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommitmentToRepurchaseSharesInConnectionsWithSettlementOfLitigation" xlink:label="OCEL_CommitmentToRepurchaseSharesInConnectionsWithSettlementOfLitigation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommitmentToRepurchaseSharesInConnectionsWithSettlementOfLitigation" xlink:to="OCEL_CommitmentToRepurchaseSharesInConnectionsWithSettlementOfLitigation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_CommitmentToRepurchaseSharesInConnectionsWithSettlementOfLitigation_lbl" xml:lang="en-US"> Commitment to repurchase shares in connection with settlement of litigation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommonStockIssuedAsCommitmentsFeeForPromissoryNote" xlink:label="OCEL_CommonStockIssuedAsCommitmentsFeeForPromissoryNote"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommonStockIssuedAsCommitmentsFeeForPromissoryNote" xlink:to="OCEL_CommonStockIssuedAsCommitmentsFeeForPromissoryNote_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommonStockIssuedAsCommitmentsFeeForPromissoryNote_lbl" xml:lang="en-US"> Common stock issued as commitment fee for Promissory Note </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNoteShares" xlink:label="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNoteShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNoteShares" xlink:to="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNoteShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNoteShares_lbl" xml:lang="en-US"> Common stock issued as commitment fee for Promissory Note, Shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ExchangeOfAccountsPayableForStock" xlink:label="OCEL_ExchangeOfAccountsPayableForStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ExchangeOfAccountsPayableForStock" xlink:to="OCEL_ExchangeOfAccountsPayableForStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ExchangeOfAccountsPayableForStock_lbl" xml:lang="en-US"> Exchange of accounts payable for stock </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ExchangeOfAccountsPayableForStockShares" xlink:label="OCEL_ExchangeOfAccountsPayableForStockShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ExchangeOfAccountsPayableForStockShares" xlink:to="OCEL_ExchangeOfAccountsPayableForStockShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ExchangeOfAccountsPayableForStockShares_lbl" xml:lang="en-US"> Exchange of accounts payable for stock, shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StockIssuedInSettlementOfLitigation" xlink:label="OCEL_StockIssuedInSettlementOfLitigation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockIssuedInSettlementOfLitigation" xlink:to="OCEL_StockIssuedInSettlementOfLitigation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StockIssuedInSettlementOfLitigation_lbl" xml:lang="en-US"> Stock issued in settlement of litigation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StockIssuedInSettlementOfLitigationShares" xlink:label="OCEL_StockIssuedInSettlementOfLitigationShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockIssuedInSettlementOfLitigationShares" xlink:to="OCEL_StockIssuedInSettlementOfLitigationShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StockIssuedInSettlementOfLitigationShares_lbl" xml:lang="en-US"> Stock issued in settlement of litigation, Shares </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US"> Net loss </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StockholdersEquity_3_lbl" xml:lang="en-US"> Ending balance, value </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_SharesOutstanding_2_lbl" xml:lang="en-US"> Ending balance, shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US"> Statement of Cash Flows [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> CASH FLOWS FROM OPERATING ACTIVITIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Adjustments to reconcile net loss to net cash used in operating activities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="us-gaap_DepreciationDepletionAndAmortization"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US"> Depreciation and amortization expense </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AmortizationOfOidAndCommitmentFeeDiscountPromissoryNote" xlink:label="OCEL_AmortizationOfOidAndCommitmentFeeDiscountPromissoryNote"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AmortizationOfOidAndCommitmentFeeDiscountPromissoryNote" xlink:to="OCEL_AmortizationOfOidAndCommitmentFeeDiscountPromissoryNote_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AmortizationOfOidAndCommitmentFeeDiscountPromissoryNote_lbl" xml:lang="en-US"> Amortization of OID and commitment fee discount – Promissory Note </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ChangeInCommitmentFeeShortfallObligation_2_lbl" xml:lang="en-US"> Change in Commitment Fee Shortfall Obligation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainsLossesOnSalesOfAssets_2_lbl" xml:lang="en-US"> Gain from sale of assets </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_GainFromWriteoffOfLiabilitiesAttributableToDiscontinuedOperations_2_lbl" xml:lang="en-US"> Gain from write-off of liabilities attributable to discontinued operations </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_GainFromWriteoffsAndSettlementsOfAccountsPayableAndNotesPayable" xlink:label="OCEL_GainFromWriteoffsAndSettlementsOfAccountsPayableAndNotesPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_GainFromWriteoffsAndSettlementsOfAccountsPayableAndNotesPayable" xlink:to="OCEL_GainFromWriteoffsAndSettlementsOfAccountsPayableAndNotesPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_GainFromWriteoffsAndSettlementsOfAccountsPayableAndNotesPayable_lbl" xml:lang="en-US"> Gain from write-offs and settlements of accounts payable and notes payable </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WriteoffOfNonmarketableSecurities" xlink:label="OCEL_WriteoffOfNonmarketableSecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WriteoffOfNonmarketableSecurities" xlink:to="OCEL_WriteoffOfNonmarketableSecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WriteoffOfNonmarketableSecurities_lbl" xml:lang="en-US"> Write-off of non-marketable securities </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WriteoffOfReceivablesFromOfficersAndOtherReceivable" xlink:label="OCEL_WriteoffOfReceivablesFromOfficersAndOtherReceivable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WriteoffOfReceivablesFromOfficersAndOtherReceivable" xlink:to="OCEL_WriteoffOfReceivablesFromOfficersAndOtherReceivable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WriteoffOfReceivablesFromOfficersAndOtherReceivable_lbl" xml:lang="en-US"> Write-off of receivables from officers and other receivable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xml:lang="en-US"> Write-off of fixed assets </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ReserveForBadDebt" xlink:label="OCEL_ReserveForBadDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ReserveForBadDebt" xlink:to="OCEL_ReserveForBadDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ReserveForBadDebt_lbl" xml:lang="en-US"> Reserve for bad debt </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryWriteDown" xlink:label="us-gaap_InventoryWriteDown"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryWriteDown" xlink:to="us-gaap_InventoryWriteDown_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryWriteDown_lbl" xml:lang="en-US"> Write-off of inventory </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StocksIssuedInSettlementOfLitigation" xlink:label="OCEL_StocksIssuedInSettlementOfLitigation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StocksIssuedInSettlementOfLitigation" xlink:to="OCEL_StocksIssuedInSettlementOfLitigation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_StocksIssuedInSettlementOfLitigation_lbl" xml:lang="en-US"> Stock issued in settlement of litigation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensation" xlink:label="us-gaap_ShareBasedCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US"> Stock-based compensation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US"> Changes in operating assets and liabilities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:to="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xml:lang="en-US"> Accounts receivable, net of allowance for bad debts </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties" xlink:label="us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties" xlink:to="us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties_lbl" xml:lang="en-US"> Receivables from related party </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInOtherReceivables" xlink:label="us-gaap_IncreaseDecreaseInOtherReceivables"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherReceivables" xlink:to="us-gaap_IncreaseDecreaseInOtherReceivables_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherReceivables_lbl" xml:lang="en-US"> Other receivable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInPrepaidExpense" xlink:label="us-gaap_IncreaseDecreaseInPrepaidExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidExpense" xlink:to="us-gaap_IncreaseDecreaseInPrepaidExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInPrepaidExpense_lbl" xml:lang="en-US"> Prepaid expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="us-gaap_IncreaseDecreaseInInventories"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInInventories" xlink:to="us-gaap_IncreaseDecreaseInInventories_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInInventories_lbl" xml:lang="en-US"> Inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xml:lang="en-US"> Accounts payable and accrued expenses </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_IncreaseDecreaseInAccruedLiabilitiesToManagement" xlink:label="OCEL_IncreaseDecreaseInAccruedLiabilitiesToManagement"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_IncreaseDecreaseInAccruedLiabilitiesToManagement" xlink:to="OCEL_IncreaseDecreaseInAccruedLiabilitiesToManagement_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_IncreaseDecreaseInAccruedLiabilitiesToManagement_lbl" xml:lang="en-US"> Accrued liabilities to management </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInSecurityDeposits" xlink:label="us-gaap_IncreaseDecreaseInSecurityDeposits"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInSecurityDeposits" xlink:to="us-gaap_IncreaseDecreaseInSecurityDeposits_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInSecurityDeposits_lbl" xml:lang="en-US"> Security deposits </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInContractWithCustomerLiability" xlink:label="us-gaap_IncreaseDecreaseInContractWithCustomerLiability"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInContractWithCustomerLiability" xlink:to="us-gaap_IncreaseDecreaseInContractWithCustomerLiability_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInContractWithCustomerLiability_lbl" xml:lang="en-US"> Deferred revenue </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US"> Net cash used in operating activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US"> CASH FLOWS FROM INVESTING </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xml:lang="en-US"> Purchase of fixed assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:to="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xml:lang="en-US"> Proceeds from sale of assets </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_InvestmentInNonmarketableEquitySecurities" xlink:label="OCEL_InvestmentInNonmarketableEquitySecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_InvestmentInNonmarketableEquitySecurities" xlink:to="OCEL_InvestmentInNonmarketableEquitySecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_InvestmentInNonmarketableEquitySecurities_lbl" xml:lang="en-US"> Investment in non-marketable equity securities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US"> Net cash provided by (used in) investing activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US"> CASH FLOWS FROM FINANCING ACTIVITIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="us-gaap_ProceedsFromNotesPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromNotesPayable" xlink:to="us-gaap_ProceedsFromNotesPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromNotesPayable_lbl" xml:lang="en-US"> Proceeds from issuance of notes payable </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SharesRepurchasedInConnectionWithLitigation" xlink:label="OCEL_SharesRepurchasedInConnectionWithLitigation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SharesRepurchasedInConnectionWithLitigation" xlink:to="OCEL_SharesRepurchasedInConnectionWithLitigation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_SharesRepurchasedInConnectionWithLitigation_lbl" xml:lang="en-US"> Shares repurchased in connection with litigation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CapitalContributedByExecutive" xlink:label="OCEL_CapitalContributedByExecutive"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CapitalContributedByExecutive" xlink:to="OCEL_CapitalContributedByExecutive_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CapitalContributedByExecutive_lbl" xml:lang="en-US"> Capital contributed by former executive </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PaymentsOnFinanceLease" xlink:label="OCEL_PaymentsOnFinanceLease"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PaymentsOnFinanceLease" xlink:to="OCEL_PaymentsOnFinanceLease_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_PaymentsOnFinanceLease_lbl" xml:lang="en-US"> Payments on finance leases </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="us-gaap_RepaymentsOfNotesPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfNotesPayable" xlink:to="us-gaap_RepaymentsOfNotesPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfNotesPayable_lbl" xml:lang="en-US"> Repayments of notes payable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xml:lang="en-US"> Proceeds from sale of common stock </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US"> Net cash (used in) provided by financing activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xml:lang="en-US"> Increase (decrease) in cash </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xml:lang="en-US"> Cash at beginning of period </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_2_lbl" xml:lang="en-US"> Cash at end of period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xml:lang="en-US"> SUPPLEMENTAL CASH FLOW INFORMATION: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxesPaid" xlink:label="us-gaap_IncomeTaxesPaid"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxesPaid" xlink:to="us-gaap_IncomeTaxesPaid_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxesPaid_lbl" xml:lang="en-US"> Cash paid for taxes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaidNet" xlink:to="us-gaap_InterestPaidNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPaidNet_lbl" xml:lang="en-US"> Cash paid for interest </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:to="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_lbl" xml:lang="en-US"> NON-CASH INVESTING AND FINANCING TRANSACTIONS: </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ExecutiveForgivenessOfEmploymentObligationInConnectionsWithRestructuring" xlink:label="OCEL_ExecutiveForgivenessOfEmploymentObligationInConnectionsWithRestructuring"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ExecutiveForgivenessOfEmploymentObligationInConnectionsWithRestructuring" xlink:to="OCEL_ExecutiveForgivenessOfEmploymentObligationInConnectionsWithRestructuring_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_ExecutiveForgivenessOfEmploymentObligationInConnectionsWithRestructuring_lbl" xml:lang="en-US"> Executive forgiveness of employment obligations in connection with Restructuring </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingsCompensation" xlink:label="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingsCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingsCompensation" xlink:to="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingsCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingsCompensation_lbl" xml:lang="en-US"> Warrants issued to executives as payment for outstanding compensation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WarrantsIssuedInConnectionWithConvertibleNotes" xlink:label="OCEL_WarrantsIssuedInConnectionWithConvertibleNotes"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WarrantsIssuedInConnectionWithConvertibleNotes" xlink:to="OCEL_WarrantsIssuedInConnectionWithConvertibleNotes_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WarrantsIssuedInConnectionWithConvertibleNotes_lbl" xml:lang="en-US"> Warrants issued in connection with convertible notes </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FinanceLeaseAssignedToBuyerInConnectionWithAssetSale" xlink:label="OCEL_FinanceLeaseAssignedToBuyerInConnectionWithAssetSale"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FinanceLeaseAssignedToBuyerInConnectionWithAssetSale" xlink:to="OCEL_FinanceLeaseAssignedToBuyerInConnectionWithAssetSale_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FinanceLeaseAssignedToBuyerInConnectionWithAssetSale_lbl" xml:lang="en-US"> Finance lease assigned to buyer in connection with asset sale </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StockIssuedInExchangeForAccountsPayable" xlink:label="OCEL_StockIssuedInExchangeForAccountsPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockIssuedInExchangeForAccountsPayable" xlink:to="OCEL_StockIssuedInExchangeForAccountsPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StockIssuedInExchangeForAccountsPayable_lbl" xml:lang="en-US"> Stock issued in exchange for accounts payable </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_OidDiscountOnProceedsReceivedFromPromissoryNote" xlink:label="OCEL_OidDiscountOnProceedsReceivedFromPromissoryNote"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_OidDiscountOnProceedsReceivedFromPromissoryNote" xlink:to="OCEL_OidDiscountOnProceedsReceivedFromPromissoryNote_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_OidDiscountOnProceedsReceivedFromPromissoryNote_lbl" xml:lang="en-US"> OID discount on proceeds received from Promissory Note </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StockPurchasedFromPaymentsDueOnAccountsPayable" xlink:label="OCEL_StockPurchasedFromPaymentsDueOnAccountsPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockPurchasedFromPaymentsDueOnAccountsPayable" xlink:to="OCEL_StockPurchasedFromPaymentsDueOnAccountsPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StockPurchasedFromPaymentsDueOnAccountsPayable_lbl" xml:lang="en-US"> Stock purchased from payments due on accounts payable </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNote" xlink:label="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNote"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNote" xlink:to="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNote_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNote_lbl" xml:lang="en-US"> Common stock issued as commitment fee for Promissory Note </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommitmentFeeShortfallObligation" xlink:label="OCEL_CommitmentFeeShortfallObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommitmentFeeShortfallObligation" xlink:to="OCEL_CommitmentFeeShortfallObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_CommitmentFeeShortfallObligation_lbl" xml:lang="en-US"> Commitment Fee Shortfall Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommitmentToRepurchaseShareInConnectionsWithSettlementOfLitigation" xlink:label="OCEL_CommitmentToRepurchaseShareInConnectionsWithSettlementOfLitigation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommitmentToRepurchaseShareInConnectionsWithSettlementOfLitigation" xlink:to="OCEL_CommitmentToRepurchaseShareInConnectionsWithSettlementOfLitigation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="OCEL_CommitmentToRepurchaseShareInConnectionsWithSettlementOfLitigation_lbl" xml:lang="en-US"> Commitment to repurchase shares in connection with settlement of litigation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PromissoryNoteIssuedForPastDueProfessionalFees" xlink:label="OCEL_PromissoryNoteIssuedForPastDueProfessionalFees"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PromissoryNoteIssuedForPastDueProfessionalFees" xlink:to="OCEL_PromissoryNoteIssuedForPastDueProfessionalFees_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PromissoryNoteIssuedForPastDueProfessionalFees_lbl" xml:lang="en-US"> Promissory note issued for past due Professional Fees </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PurchaseOfFixedAssetsIncludedInAccountsPayable" xlink:label="OCEL_PurchaseOfFixedAssetsIncludedInAccountsPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PurchaseOfFixedAssetsIncludedInAccountsPayable" xlink:to="OCEL_PurchaseOfFixedAssetsIncludedInAccountsPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PurchaseOfFixedAssetsIncludedInAccountsPayable_lbl" xml:lang="en-US"> Purchase of fixed assets included in accounts payable </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommonStockIssuedInSatisfactionOfCommitmentFeeShortfallObligation" xlink:label="OCEL_CommonStockIssuedInSatisfactionOfCommitmentFeeShortfallObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommonStockIssuedInSatisfactionOfCommitmentFeeShortfallObligation" xlink:to="OCEL_CommonStockIssuedInSatisfactionOfCommitmentFeeShortfallObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommonStockIssuedInSatisfactionOfCommitmentFeeShortfallObligation_lbl" xml:lang="en-US"> Common stock issued in satisfaction of Commitment Fee Shortfall Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xml:lang="en-US"> Organization, Consolidation and Presentation of Financial Statements [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NatureOfOperations" xlink:label="us-gaap_NatureOfOperations"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NatureOfOperations" xlink:to="us-gaap_NatureOfOperations_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NatureOfOperations_lbl" xml:lang="en-US"> ORGANIZATION AND DESCRIPTION OF BUSINESS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US"> Accounting Policies [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US"> SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubstantialDoubtAboutGoingConcernTextBlock" xlink:label="us-gaap_SubstantialDoubtAboutGoingConcernTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubstantialDoubtAboutGoingConcernTextBlock" xlink:to="us-gaap_SubstantialDoubtAboutGoingConcernTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubstantialDoubtAboutGoingConcernTextBlock_lbl" xml:lang="en-US"> GOING CONCERN </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestructuringAndRelatedActivitiesAbstract" xlink:label="us-gaap_RestructuringAndRelatedActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringAndRelatedActivitiesAbstract" xlink:to="us-gaap_RestructuringAndRelatedActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringAndRelatedActivitiesAbstract_lbl" xml:lang="en-US"> Restructuring and Related Activities [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock" xlink:label="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock" xlink:to="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_lbl" xml:lang="en-US"> RESTRUCTURING </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryDisclosureAbstract" xlink:label="us-gaap_InventoryDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryDisclosureAbstract" xlink:to="us-gaap_InventoryDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryDisclosureAbstract_lbl" xml:lang="en-US"> Inventory Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryDisclosureTextBlock" xlink:label="us-gaap_InventoryDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryDisclosureTextBlock" xlink:to="us-gaap_InventoryDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryDisclosureTextBlock_lbl" xml:lang="en-US"> INVENTORIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentAbstract" xlink:to="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US"> Property, Plant and Equipment [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_lbl" xml:lang="en-US"> PROPERTY AND EQUIPMENT </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DisclosureEquityInNonmarketableSecuritiesOfAffiliatedEntityAbstract" xlink:label="OCEL_DisclosureEquityInNonmarketableSecuritiesOfAffiliatedEntityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DisclosureEquityInNonmarketableSecuritiesOfAffiliatedEntityAbstract" xlink:to="OCEL_DisclosureEquityInNonmarketableSecuritiesOfAffiliatedEntityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DisclosureEquityInNonmarketableSecuritiesOfAffiliatedEntityAbstract_lbl" xml:lang="en-US"> Equity In Non-marketable Securities Of Affiliated Entity </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_EquityInNonmarketableSecuritiesOfAffiliatedEntityTextBlock" xlink:label="OCEL_EquityInNonmarketableSecuritiesOfAffiliatedEntityTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_EquityInNonmarketableSecuritiesOfAffiliatedEntityTextBlock" xlink:to="OCEL_EquityInNonmarketableSecuritiesOfAffiliatedEntityTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_EquityInNonmarketableSecuritiesOfAffiliatedEntityTextBlock_lbl" xml:lang="en-US"> EQUITY IN NON-MARKETABLE SECURITIES OF AFFILIATED ENTITY </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DisclosureLeaseObligationsAbstract" xlink:label="OCEL_DisclosureLeaseObligationsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DisclosureLeaseObligationsAbstract" xlink:to="OCEL_DisclosureLeaseObligationsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DisclosureLeaseObligationsAbstract_lbl" xml:lang="en-US"> Lease Obligations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LesseeOperatingLeasesTextBlock" xlink:label="us-gaap_LesseeOperatingLeasesTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeasesTextBlock" xlink:to="us-gaap_LesseeOperatingLeasesTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LesseeOperatingLeasesTextBlock_lbl" xml:lang="en-US"> LEASE OBLIGATIONS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xml:lang="en-US"> Related Party Transactions [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xml:lang="en-US"> RELATED PARTY TRANSACTIONS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="us-gaap_PayablesAndAccrualsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_PayablesAndAccrualsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PayablesAndAccrualsAbstract_lbl" xml:lang="en-US"> Payables and Accruals [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock" xlink:to="us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_lbl" xml:lang="en-US"> ACCOUNTS PAYABLE AND ACCRUED EXPENSES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_DebtDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xml:lang="en-US"> Debt Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="us-gaap_DebtDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureTextBlock" xlink:to="us-gaap_DebtDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US"> NOTES PAYABLE </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="us-gaap_IncomeTaxDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureAbstract" xlink:to="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xml:lang="en-US"> Income Tax Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureTextBlock" xlink:to="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xml:lang="en-US"> INCOME TAXES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EquityAbstract" xlink:label="us-gaap_EquityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityAbstract" xlink:to="us-gaap_EquityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityAbstract_lbl" xml:lang="en-US"> Equity [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:to="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xml:lang="en-US"> CAPITAL STOCK </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DisclosureWarrantsAbstract" xlink:label="OCEL_DisclosureWarrantsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DisclosureWarrantsAbstract" xlink:to="OCEL_DisclosureWarrantsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DisclosureWarrantsAbstract_lbl" xml:lang="en-US"> Warrants </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WarrantsDisclosureTextBlock" xlink:label="OCEL_WarrantsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WarrantsDisclosureTextBlock" xlink:to="OCEL_WarrantsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WarrantsDisclosureTextBlock_lbl" xml:lang="en-US"> WARRANTS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US"> COMMITMENTS AND CONTINGENCIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SegmentReportingAbstract" xlink:label="us-gaap_SegmentReportingAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingAbstract" xlink:to="us-gaap_SegmentReportingAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingAbstract_lbl" xml:lang="en-US"> Segment Reporting [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingDisclosureTextBlock" xlink:to="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xml:lang="en-US"> SEGMENT INFORMATION </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:to="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xml:lang="en-US"> Basis of Presentation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConcentrationRiskCreditRisk" xlink:label="us-gaap_ConcentrationRiskCreditRisk"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskCreditRisk" xlink:to="us-gaap_ConcentrationRiskCreditRisk_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskCreditRisk_lbl" xml:lang="en-US"> Concentrations of Risk </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_UseOfEstimates" xlink:label="us-gaap_UseOfEstimates"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UseOfEstimates" xlink:to="us-gaap_UseOfEstimates_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UseOfEstimates_lbl" xml:lang="en-US"> Use of Estimates </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xml:lang="en-US"> Cash Equivalents </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ReceivablesPolicyTextBlock" xlink:label="us-gaap_ReceivablesPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesPolicyTextBlock" xlink:to="us-gaap_ReceivablesPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReceivablesPolicyTextBlock_lbl" xml:lang="en-US"> Accounts Receivable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryPolicyTextBlock" xlink:label="us-gaap_InventoryPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryPolicyTextBlock" xlink:to="us-gaap_InventoryPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryPolicyTextBlock_lbl" xml:lang="en-US"> Inventory </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xml:lang="en-US"> Property and Equipment </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_NotMarketablePolicyTextBlock" xlink:label="OCEL_NotMarketablePolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_NotMarketablePolicyTextBlock" xlink:to="OCEL_NotMarketablePolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_NotMarketablePolicyTextBlock_lbl" xml:lang="en-US"> Non-marketable Securities </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_LeaseholdImprovementsPolicyTextBlock" xlink:label="OCEL_LeaseholdImprovementsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_LeaseholdImprovementsPolicyTextBlock" xlink:to="OCEL_LeaseholdImprovementsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_LeaseholdImprovementsPolicyTextBlock_lbl" xml:lang="en-US"> Leasehold Improvements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueRecognitionPolicyTextBlock" xlink:to="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xml:lang="en-US"> Revenue Recognition </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerSharePolicyTextBlock" xlink:to="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xml:lang="en-US"> Net Income (Loss) Per Common Share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:to="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xml:lang="en-US"> Stock-Based Compensation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ResearchAndDevelopmentExpensePolicy" xlink:label="us-gaap_ResearchAndDevelopmentExpensePolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ResearchAndDevelopmentExpensePolicy" xlink:to="us-gaap_ResearchAndDevelopmentExpensePolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ResearchAndDevelopmentExpensePolicy_lbl" xml:lang="en-US"> Research and Development Costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxPolicyTextBlock" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xml:lang="en-US"> Income Taxes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="us-gaap_DerivativesPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesPolicyTextBlock" xlink:to="us-gaap_DerivativesPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xml:lang="en-US"> Valuation of Derivatives </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SequencingPolicyTextBlock" xlink:label="OCEL_SequencingPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SequencingPolicyTextBlock" xlink:to="OCEL_SequencingPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SequencingPolicyTextBlock_lbl" xml:lang="en-US"> Sequencing </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:to="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xml:lang="en-US"> Fair Value of Financial Instruments </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_OperatingAndFinanceLeaseObligationsPolicyTextBlock" xlink:label="OCEL_OperatingAndFinanceLeaseObligationsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_OperatingAndFinanceLeaseObligationsPolicyTextBlock" xlink:to="OCEL_OperatingAndFinanceLeaseObligationsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_OperatingAndFinanceLeaseObligationsPolicyTextBlock_lbl" xml:lang="en-US"> Operating Lease Obligations </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubsequentEventsPolicyPolicyTextBlock" xlink:label="us-gaap_SubsequentEventsPolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsPolicyPolicyTextBlock" xlink:to="us-gaap_SubsequentEventsPolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsPolicyPolicyTextBlock_lbl" xml:lang="en-US"> Subsequent Events </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfInventoryCurrentTableTextBlock" xlink:label="us-gaap_ScheduleOfInventoryCurrentTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInventoryCurrentTableTextBlock" xlink:to="us-gaap_ScheduleOfInventoryCurrentTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfInventoryCurrentTableTextBlock_lbl" xml:lang="en-US"> Schedule of inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xml:lang="en-US"> Schedule of property and equipment </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_EquityInNonMarketableSecuritiesAffiliatedEntityTableTextBlock" xlink:label="OCEL_EquityInNonMarketableSecuritiesAffiliatedEntityTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_EquityInNonMarketableSecuritiesAffiliatedEntityTableTextBlock" xlink:to="OCEL_EquityInNonMarketableSecuritiesAffiliatedEntityTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_EquityInNonMarketableSecuritiesAffiliatedEntityTableTextBlock_lbl" xml:lang="en-US"> Schedule of equity in non marketable securities affiliated entity </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock" xlink:label="us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock" xlink:to="us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock_lbl" xml:lang="en-US"> Schedule of minimum lease payment to finance lease </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:to="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_lbl" xml:lang="en-US"> Schedule of account payable and accrued expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfDebtTableTextBlock" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDebtTableTextBlock" xlink:to="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xml:lang="en-US"> Schedule of notes payable </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ScheduleOfProvisionForIncomeTaxTableTaxtBlock" xlink:label="OCEL_ScheduleOfProvisionForIncomeTaxTableTaxtBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ScheduleOfProvisionForIncomeTaxTableTaxtBlock" xlink:to="OCEL_ScheduleOfProvisionForIncomeTaxTableTaxtBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ScheduleOfProvisionForIncomeTaxTableTaxtBlock_lbl" xml:lang="en-US"> Schedule of provision for income tax </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:to="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xml:lang="en-US"> Schedule of effective income tax rate </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:to="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US"> Schedule of deferred tax assets and liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock" xlink:label="us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock" xlink:to="us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock_lbl" xml:lang="en-US"> Schedule of non vested share activity </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SummaryOfWarrantActivityTableTextBlock" xlink:label="OCEL_SummaryOfWarrantActivityTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SummaryOfWarrantActivityTableTextBlock" xlink:to="OCEL_SummaryOfWarrantActivityTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SummaryOfWarrantActivityTableTextBlock_lbl" xml:lang="en-US"> Schedule of warrant activity </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfProductInformationTable" xlink:label="us-gaap_ScheduleOfProductInformationTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfProductInformationTable" xlink:to="us-gaap_ScheduleOfProductInformationTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfProductInformationTable_lbl" xml:lang="en-US"> Schedule of Product Information [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProductInformationLineItems" xlink:label="us-gaap_ProductInformationLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductInformationLineItems" xlink:to="us-gaap_ProductInformationLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProductInformationLineItems_lbl" xml:lang="en-US"> Product Information [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashFDICInsuredAmount" xlink:label="us-gaap_CashFDICInsuredAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFDICInsuredAmount" xlink:to="us-gaap_CashFDICInsuredAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashFDICInsuredAmount_lbl" xml:lang="en-US"> FDIC limits per institutions </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashUninsuredAmount" xlink:label="us-gaap_CashUninsuredAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashUninsuredAmount" xlink:to="us-gaap_CashUninsuredAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashUninsuredAmount_lbl" xml:lang="en-US"> Cash Balances </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Revenues_2_lbl" xml:lang="en-US"> Revenues </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="us-gaap_ConcentrationRiskPercentage1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskPercentage1" xlink:to="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xml:lang="en-US"> Concentration credit risk percentage </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts" xlink:label="us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts" xlink:to="us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts_lbl" xml:lang="en-US"> Allowance for bad debts </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProvisionForDoubtfulAccounts" xlink:label="us-gaap_ProvisionForDoubtfulAccounts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvisionForDoubtfulAccounts" xlink:to="us-gaap_ProvisionForDoubtfulAccounts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvisionForDoubtfulAccounts_lbl" xml:lang="en-US"> Bad debt expense </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryValuationReserves" xlink:label="us-gaap_InventoryValuationReserves"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryValuationReserves" xlink:to="us-gaap_InventoryValuationReserves_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryValuationReserves_lbl" xml:lang="en-US"> Inventory Reserve </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:to="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xml:lang="en-US"> Property, plant and equipment, estimated useful lives </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US"> Antidilutive securities excluded from computation of earnings per share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ResearchAndDevelopmentExpense" xlink:label="us-gaap_ResearchAndDevelopmentExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ResearchAndDevelopmentExpense" xlink:to="us-gaap_ResearchAndDevelopmentExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ResearchAndDevelopmentExpense_lbl" xml:lang="en-US"> Research and Development Expense </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_OperatingAndFinanceLeaseObligation" xlink:label="OCEL_OperatingAndFinanceLeaseObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_OperatingAndFinanceLeaseObligation" xlink:to="OCEL_OperatingAndFinanceLeaseObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_OperatingAndFinanceLeaseObligation_lbl" xml:lang="en-US"> Operating and finance lease obligation </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_NetIncomeLoss_3_lbl" xml:lang="en-US"> Net loss </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xml:lang="en-US"> Cash from operating activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_2_lbl" xml:lang="en-US"> Accumulated deficit </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_4_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_StockholdersEquity_4_lbl" xml:lang="en-US"> Stockholders' deficit </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WorkingCapitalDeficit" xlink:label="OCEL_WorkingCapitalDeficit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WorkingCapitalDeficit" xlink:to="OCEL_WorkingCapitalDeficit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WorkingCapitalDeficit_lbl" xml:lang="en-US"> Working capital deficit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable" xlink:label="us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable" xlink:to="us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_lbl" xml:lang="en-US"> Collaborative Arrangement and Arrangement Other than Collaborative [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems" xlink:label="us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems" xlink:to="us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_lbl" xml:lang="en-US"> Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Investments" xlink:label="us-gaap_Investments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Investments" xlink:to="us-gaap_Investments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Investments_lbl" xml:lang="en-US"> Investment </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_NumberOfCommonStockIssued" xlink:label="OCEL_NumberOfCommonStockIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_NumberOfCommonStockIssued" xlink:to="OCEL_NumberOfCommonStockIssued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_NumberOfCommonStockIssued_lbl" xml:lang="en-US"> Number of common stock purchased </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharePrice" xlink:label="us-gaap_SharePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharePrice" xlink:to="us-gaap_SharePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharePrice_lbl" xml:lang="en-US"> Share price </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_NumberOfWarrantsPurchased" xlink:label="OCEL_NumberOfWarrantsPurchased"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_NumberOfWarrantsPurchased" xlink:to="OCEL_NumberOfWarrantsPurchased_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_NumberOfWarrantsPurchased_lbl" xml:lang="en-US"> Number of warrants purchased </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_WarrantExercisePriceIncrease" xlink:label="us-gaap_WarrantExercisePriceIncrease"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WarrantExercisePriceIncrease" xlink:to="us-gaap_WarrantExercisePriceIncrease_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WarrantExercisePriceIncrease_lbl" xml:lang="en-US"> Exercise Price </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_LetterOfIntentDescription" xlink:label="OCEL_LetterOfIntentDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_LetterOfIntentDescription" xlink:to="OCEL_LetterOfIntentDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_LetterOfIntentDescription_lbl" xml:lang="en-US"> Letter of intent description </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryRawMaterialsAndSuppliesNetOfReserves" xlink:label="us-gaap_InventoryRawMaterialsAndSuppliesNetOfReserves"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryRawMaterialsAndSuppliesNetOfReserves" xlink:to="us-gaap_InventoryRawMaterialsAndSuppliesNetOfReserves_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryRawMaterialsAndSuppliesNetOfReserves_lbl" xml:lang="en-US"> Raw materials and supplies </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryFinishedGoodsNetOfReserves" xlink:label="us-gaap_InventoryFinishedGoodsNetOfReserves"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryFinishedGoodsNetOfReserves" xlink:to="us-gaap_InventoryFinishedGoodsNetOfReserves_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryFinishedGoodsNetOfReserves_lbl" xml:lang="en-US"> Finished goods </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryNet" xlink:to="us-gaap_InventoryNet_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_InventoryNet_2_lbl" xml:lang="en-US"> Total inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:to="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xml:lang="en-US"> Property, Plant and Equipment [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentLineItems" xlink:to="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US"> Property, Plant and Equipment [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="us-gaap_PropertyPlantAndEquipmentGross"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_lbl" xml:lang="en-US"> Property and equipment, gross </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xml:lang="en-US"> Less: accumulated depreciation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_2_lbl" xml:lang="en-US"> Total property and equipment, net </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PurchasePricePaid" xlink:label="OCEL_PurchasePricePaid"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PurchasePricePaid" xlink:to="OCEL_PurchasePricePaid_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PurchasePricePaid_lbl" xml:lang="en-US"> Purchase price paid </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2_lbl" xml:lang="en-US"> Sale of equipment and leaseholds </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsToAcquireLandHeldForUse" xlink:label="us-gaap_PaymentsToAcquireLandHeldForUse"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireLandHeldForUse" xlink:to="us-gaap_PaymentsToAcquireLandHeldForUse_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireLandHeldForUse_lbl" xml:lang="en-US"> Purchases of inventory </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiability" xlink:label="us-gaap_FinanceLeaseLiability"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiability" xlink:to="us-gaap_FinanceLeaseLiability_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinanceLeaseLiability_lbl" xml:lang="en-US"> Finance lease obligations </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_2_lbl" xml:lang="en-US"> Gain on sale of plant </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_TransactionFees" xlink:label="OCEL_TransactionFees"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_TransactionFees" xlink:to="OCEL_TransactionFees_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_TransactionFees_lbl" xml:lang="en-US"> Transaction fees </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Depreciation" xlink:label="us-gaap_Depreciation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Depreciation" xlink:to="us-gaap_Depreciation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Depreciation_lbl" xml:lang="en-US"> Depreciation expense </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdjustmentForAmortization" xlink:label="us-gaap_AdjustmentForAmortization"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentForAmortization" xlink:to="us-gaap_AdjustmentForAmortization_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentForAmortization_lbl" xml:lang="en-US"> Amortization expense </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_EquityInNonmarketableSecurities" xlink:label="OCEL_EquityInNonmarketableSecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_EquityInNonmarketableSecurities" xlink:to="OCEL_EquityInNonmarketableSecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_EquityInNonmarketableSecurities_lbl" xml:lang="en-US"> Equity in non-marketable securities </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ReserveOnCarryingValueOfInvestmentInNonmarketableSecurities" xlink:label="OCEL_ReserveOnCarryingValueOfInvestmentInNonmarketableSecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ReserveOnCarryingValueOfInvestmentInNonmarketableSecurities" xlink:to="OCEL_ReserveOnCarryingValueOfInvestmentInNonmarketableSecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ReserveOnCarryingValueOfInvestmentInNonmarketableSecurities_lbl" xml:lang="en-US"> Reserve on carrying value of investment in non-marketable securities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_MarketableSecuritiesNoncurrent" xlink:label="us-gaap_MarketableSecuritiesNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketableSecuritiesNoncurrent" xlink:to="us-gaap_MarketableSecuritiesNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_MarketableSecuritiesNoncurrent_lbl" xml:lang="en-US"> Equity in non-marketable securities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xml:lang="en-US"> 2024 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_lbl" xml:lang="en-US"> 2025 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_lbl" xml:lang="en-US"> 2026 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_lbl" xml:lang="en-US"> 2027 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive_lbl" xml:lang="en-US"> 2028 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive_lbl" xml:lang="en-US"> Thereafter </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDue" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDue" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue_lbl" xml:lang="en-US"> Total undiscounted finance lease payments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityUndiscountedExcessAmount" xlink:label="us-gaap_FinanceLeaseLiabilityUndiscountedExcessAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityUndiscountedExcessAmount" xlink:to="us-gaap_FinanceLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_FinanceLeaseLiabilityUndiscountedExcessAmount_lbl" xml:lang="en-US"> Less: imputed interest </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiability" xlink:to="us-gaap_FinanceLeaseLiability_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiability_2_lbl" xml:lang="en-US"> Present value of finance lease liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentOther" xlink:label="us-gaap_PropertyPlantAndEquipmentOther"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentOther" xlink:to="us-gaap_PropertyPlantAndEquipmentOther_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentOther_lbl" xml:lang="en-US"> Payment to acquire </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeasePayments" xlink:label="us-gaap_OperatingLeasePayments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasePayments" xlink:to="us-gaap_OperatingLeasePayments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasePayments_lbl" xml:lang="en-US"> Monthly payments </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_OperatingLeasedEquipmentPerUnit" xlink:label="OCEL_OperatingLeasedEquipmentPerUnit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_OperatingLeasedEquipmentPerUnit" xlink:to="OCEL_OperatingLeasedEquipmentPerUnit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_OperatingLeasedEquipmentPerUnit_lbl" xml:lang="en-US"> Operating leased equipment, per unit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LesseeFinanceLeaseDiscountRate" xlink:label="us-gaap_LesseeFinanceLeaseDiscountRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeFinanceLeaseDiscountRate" xlink:to="us-gaap_LesseeFinanceLeaseDiscountRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LesseeFinanceLeaseDiscountRate_lbl" xml:lang="en-US"> Annual interest rate </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife_2_lbl" xml:lang="en-US"> Estimated useful lives of leased equipment </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinanceLeaseLiabilityCurrent_2_lbl" xml:lang="en-US"> Finance lease obligations current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseWeightedAverageRemainingLeaseTerm1" xlink:label="us-gaap_FinanceLeaseWeightedAverageRemainingLeaseTerm1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseWeightedAverageRemainingLeaseTerm1" xlink:to="us-gaap_FinanceLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseWeightedAverageRemainingLeaseTerm1_lbl" xml:lang="en-US"> Weighted average remaining term of Finance Leases </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" xml:lang="en-US"> Minimum monthly lease payments </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLiability" xlink:to="us-gaap_OperatingLeaseLiability_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeaseLiability_2_lbl" xml:lang="en-US"> Operating lease obligation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LesseeOperatingLeaseDiscountRate" xlink:label="us-gaap_LesseeOperatingLeaseDiscountRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseDiscountRate" xlink:to="us-gaap_LesseeOperatingLeaseDiscountRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LesseeOperatingLeaseDiscountRate_lbl" xml:lang="en-US"> Borrowing rate </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseExpense" xlink:label="us-gaap_OperatingLeaseExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseExpense" xlink:to="us-gaap_OperatingLeaseExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseExpense_lbl" xml:lang="en-US"> Lease expense </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecurityDeposit" xlink:to="us-gaap_SecurityDeposit_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SecurityDeposit_2_lbl" xml:lang="en-US"> Security deposit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseRightOfUseAsset" xlink:to="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xml:lang="en-US"> Right of use asset </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_WrittenOffRouAssetAndCorrespondingLiability" xlink:label="OCEL_WrittenOffRouAssetAndCorrespondingLiability"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_WrittenOffRouAssetAndCorrespondingLiability" xlink:to="OCEL_WrittenOffRouAssetAndCorrespondingLiability_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WrittenOffRouAssetAndCorrespondingLiability_lbl" xml:lang="en-US"> Written off ROU asset and corresponding liability </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SecurityDepositReturned" xlink:label="OCEL_SecurityDepositReturned"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SecurityDepositReturned" xlink:to="OCEL_SecurityDepositReturned_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SecurityDepositReturned_lbl" xml:lang="en-US"> Security deposit returned </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="us-gaap_OperatingLeasesRentExpenseNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesRentExpenseNet" xlink:to="us-gaap_OperatingLeasesRentExpenseNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesRentExpenseNet_lbl" xml:lang="en-US"> Monthly rent expense </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_RentExpenses" xlink:label="OCEL_RentExpenses"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_RentExpenses" xlink:to="OCEL_RentExpenses_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_RentExpenses_lbl" xml:lang="en-US"> Rent expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsForRent" xlink:label="us-gaap_PaymentsForRent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRent" xlink:to="us-gaap_PaymentsForRent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForRent_lbl" xml:lang="en-US"> Payment for certain expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromSaleOfOtherProductiveAssets" xlink:label="us-gaap_ProceedsFromSaleOfOtherProductiveAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfOtherProductiveAssets" xlink:to="us-gaap_ProceedsFromSaleOfOtherProductiveAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfOtherProductiveAssets_lbl" xml:lang="en-US"> Proceed from sale of products </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DueToRelatedParty" xlink:label="OCEL_DueToRelatedParty"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DueToRelatedParty" xlink:to="OCEL_DueToRelatedParty_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DueToRelatedParty_lbl" xml:lang="en-US"> Related parties </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_UnpaidAndAccruedCompensationForgiven" xlink:label="OCEL_UnpaidAndAccruedCompensationForgiven"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_UnpaidAndAccruedCompensationForgiven" xlink:to="OCEL_UnpaidAndAccruedCompensationForgiven_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_UnpaidAndAccruedCompensationForgiven_lbl" xml:lang="en-US"> Unpaid and accrued compensation forgiven </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_UnpaidAndAccruedCompensationDescription" xlink:label="OCEL_UnpaidAndAccruedCompensationDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_UnpaidAndAccruedCompensationDescription" xlink:to="OCEL_UnpaidAndAccruedCompensationDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_UnpaidAndAccruedCompensationDescription_lbl" xml:lang="en-US"> Unpaid and accrued compensation description </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromContributionsFromParent" xlink:label="us-gaap_ProceedsFromContributionsFromParent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromContributionsFromParent" xlink:to="us-gaap_ProceedsFromContributionsFromParent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromContributionsFromParent_lbl" xml:lang="en-US"> Capital contribution </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CashInvestedInNonmarketableEquitySecurities" xlink:label="OCEL_CashInvestedInNonmarketableEquitySecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CashInvestedInNonmarketableEquitySecurities" xlink:to="OCEL_CashInvestedInNonmarketableEquitySecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CashInvestedInNonmarketableEquitySecurities_lbl" xml:lang="en-US"> Cash invested in non-marketable equity securities </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_OptionAcquireDescription" xlink:label="OCEL_OptionAcquireDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_OptionAcquireDescription" xlink:to="OCEL_OptionAcquireDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_OptionAcquireDescription_lbl" xml:lang="en-US"> Option acquire description </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AdvancesPayable" xlink:label="OCEL_AdvancesPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AdvancesPayable" xlink:to="OCEL_AdvancesPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AdvancesPayable_lbl" xml:lang="en-US"> Advances payable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:label="us-gaap_EmployeeRelatedLiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:to="us-gaap_EmployeeRelatedLiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EmployeeRelatedLiabilitiesCurrent_lbl" xml:lang="en-US"> Accrued payroll related liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_LabEquipmentAndSuppliesPayables" xlink:label="OCEL_LabEquipmentAndSuppliesPayables"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_LabEquipmentAndSuppliesPayables" xlink:to="OCEL_LabEquipmentAndSuppliesPayables_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_LabEquipmentAndSuppliesPayables_lbl" xml:lang="en-US"> Lab equipment and supplies payables </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ClinicalTrialPayables" xlink:label="OCEL_ClinicalTrialPayables"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ClinicalTrialPayables" xlink:to="OCEL_ClinicalTrialPayables_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ClinicalTrialPayables_lbl" xml:lang="en-US"> Clinical trial and research payables </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_LegalFeesPayables" xlink:label="OCEL_LegalFeesPayables"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_LegalFeesPayables" xlink:to="OCEL_LegalFeesPayables_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_LegalFeesPayables_lbl" xml:lang="en-US"> Legal fees payables </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccruedProfessionalFeesCurrent" xlink:label="us-gaap_AccruedProfessionalFeesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedProfessionalFeesCurrent" xlink:to="us-gaap_AccruedProfessionalFeesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedProfessionalFeesCurrent_lbl" xml:lang="en-US"> Other professional fees payables </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AccruedIrsPenalty" xlink:label="OCEL_AccruedIrsPenalty"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AccruedIrsPenalty" xlink:to="OCEL_AccruedIrsPenalty_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AccruedIrsPenalty_lbl" xml:lang="en-US"> Accrued IRS penalty (Note 12) </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AccruedCommissionsPayable" xlink:label="OCEL_AccruedCommissionsPayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AccruedCommissionsPayable" xlink:to="OCEL_AccruedCommissionsPayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AccruedCommissionsPayable_lbl" xml:lang="en-US"> Accrued commissions payable </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConstructionPayables" xlink:label="OCEL_ConstructionPayables"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConstructionPayables" xlink:to="OCEL_ConstructionPayables_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConstructionPayables_lbl" xml:lang="en-US"> Construction payables </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_OtherAccountsPayableAndAccruedLiabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_OtherAccountsPayableAndAccruedLiabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAccountsPayableAndAccruedLiabilities_lbl" xml:lang="en-US"> Other payables and accrued expenses </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_2_lbl" xml:lang="en-US"> Total Accounts Payable and Accrued Expenses </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SecuritiesPurchaseAgreement22" xlink:label="OCEL_SecuritiesPurchaseAgreement22"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SecuritiesPurchaseAgreement22" xlink:to="OCEL_SecuritiesPurchaseAgreement22_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SecuritiesPurchaseAgreement22_lbl" xml:lang="en-US"> SPA 22 </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SecuritiesPurchaseAgreement23" xlink:label="OCEL_SecuritiesPurchaseAgreement23"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SecuritiesPurchaseAgreement23" xlink:to="OCEL_SecuritiesPurchaseAgreement23_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SecuritiesPurchaseAgreement23_lbl" xml:lang="en-US"> SPA 23 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConvertibleDebt" xlink:label="us-gaap_ConvertibleDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConvertibleDebt" xlink:to="us-gaap_ConvertibleDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConvertibleDebt_lbl" xml:lang="en-US"> Convertible Promissory Notes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="us-gaap_DebtInstrumentUnamortizedDiscount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentUnamortizedDiscount" xlink:to="us-gaap_DebtInstrumentUnamortizedDiscount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DebtInstrumentUnamortizedDiscount_lbl" xml:lang="en-US"> Unamortized discount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtCurrent" xlink:label="us-gaap_LongTermDebtCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtCurrent" xlink:to="us-gaap_LongTermDebtCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LongTermDebtCurrent_lbl" xml:lang="en-US"> Total Notes Payable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTable" xlink:to="us-gaap_DebtInstrumentTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentTable_lbl" xml:lang="en-US"> Schedule of Long-Term Debt Instruments [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentLineItems" xlink:to="us-gaap_DebtInstrumentLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xml:lang="en-US"> Debt Instrument [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ManagementFeePayable" xlink:label="us-gaap_ManagementFeePayable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeePayable" xlink:to="us-gaap_ManagementFeePayable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ManagementFeePayable_lbl" xml:lang="en-US"> Unpiad professional fees </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConvertibleDebt" xlink:to="us-gaap_ConvertibleDebt_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ConvertibleDebt_2_lbl" xml:lang="en-US"> Promissory note </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtConversionOriginalDebtAmount1" xlink:label="us-gaap_DebtConversionOriginalDebtAmount1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtConversionOriginalDebtAmount1" xlink:to="us-gaap_DebtConversionOriginalDebtAmount1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtConversionOriginalDebtAmount1_lbl" xml:lang="en-US"> Cash payment </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentPeriodicPayment" xlink:label="us-gaap_DebtInstrumentPeriodicPayment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentPeriodicPayment" xlink:to="us-gaap_DebtInstrumentPeriodicPayment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentPeriodicPayment_lbl" xml:lang="en-US"> Periodic payment </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsToAcquireNotesReceivable" xlink:label="us-gaap_PaymentsToAcquireNotesReceivable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireNotesReceivable" xlink:to="us-gaap_PaymentsToAcquireNotesReceivable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireNotesReceivable_lbl" xml:lang="en-US"> Payments for notes receivable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US"> Principal amount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConvertibleNotesPayableCurrent" xlink:label="us-gaap_ConvertibleNotesPayableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConvertibleNotesPayableCurrent" xlink:to="us-gaap_ConvertibleNotesPayableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConvertibleNotesPayableCurrent_lbl" xml:lang="en-US"> Discount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US"> Interest rate </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts" xlink:label="us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts" xlink:to="us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_lbl" xml:lang="en-US"> Commitment fee </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_2_lbl" xml:lang="en-US"> Number of shares issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RepaymentOfNotesReceivableFromRelatedParties" xlink:label="us-gaap_RepaymentOfNotesReceivableFromRelatedParties"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentOfNotesReceivableFromRelatedParties" xlink:to="us-gaap_RepaymentOfNotesReceivableFromRelatedParties_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentOfNotesReceivableFromRelatedParties_lbl" xml:lang="en-US"> Repayment of promissory note </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtCurrent" xlink:to="us-gaap_LongTermDebtCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtCurrent_2_lbl" xml:lang="en-US"> Promissory note discount </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AdditionalPromissoryNoteDiscount" xlink:label="OCEL_AdditionalPromissoryNoteDiscount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AdditionalPromissoryNoteDiscount" xlink:to="OCEL_AdditionalPromissoryNoteDiscount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AdditionalPromissoryNoteDiscount_lbl" xml:lang="en-US"> Additional promissory note discount </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AdditionalFairValueOfCommitmentFeeShare" xlink:label="OCEL_AdditionalFairValueOfCommitmentFeeShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AdditionalFairValueOfCommitmentFeeShare" xlink:to="OCEL_AdditionalFairValueOfCommitmentFeeShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AdditionalFairValueOfCommitmentFeeShare_lbl" xml:lang="en-US"> Additional Fair value of Commitment Fee Share </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AdditionalCommitmentFeeShortfallObligation" xlink:label="OCEL_AdditionalCommitmentFeeShortfallObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AdditionalCommitmentFeeShortfallObligation" xlink:to="OCEL_AdditionalCommitmentFeeShortfallObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AdditionalCommitmentFeeShortfallObligation_lbl" xml:lang="en-US"> Additional Commitment fee shortfall obligation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_AmortizationOfOidAndCommitmentFeeDiscountPromissoryNote_2_lbl" xml:lang="en-US"> Commitment fee discount </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FairValueOfCommitmentFeeShare" xlink:label="OCEL_FairValueOfCommitmentFeeShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FairValueOfCommitmentFeeShare" xlink:to="OCEL_FairValueOfCommitmentFeeShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FairValueOfCommitmentFeeShare_lbl" xml:lang="en-US"> Fair value of Commitment Fee Share </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommitmnetShortfallObligation" xlink:label="OCEL_CommitmnetShortfallObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommitmnetShortfallObligation" xlink:to="OCEL_CommitmnetShortfallObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommitmnetShortfallObligation_lbl" xml:lang="en-US"> Commitmnet shortfall obligation </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ContractualObligation" xlink:to="us-gaap_ContractualObligation_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ContractualObligation_2_lbl" xml:lang="en-US"> Commitment fee shortfall obligation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConversionOfStockSharesIssued1" xlink:label="us-gaap_ConversionOfStockSharesIssued1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConversionOfStockSharesIssued1" xlink:to="us-gaap_ConversionOfStockSharesIssued1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConversionOfStockSharesIssued1_lbl" xml:lang="en-US"> Conversion of stock, shares issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentConvertibleConversionPrice1" xlink:label="us-gaap_DebtInstrumentConvertibleConversionPrice1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentConvertibleConversionPrice1" xlink:to="us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl" xml:lang="en-US"> Conversion price </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommitmentFee" xlink:label="OCEL_CommitmentFee"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommitmentFee" xlink:to="OCEL_CommitmentFee_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommitmentFee_lbl" xml:lang="en-US"> Commitment Fee </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LegalFees" xlink:label="us-gaap_LegalFees"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LegalFees" xlink:to="us-gaap_LegalFees_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LegalFees_lbl" xml:lang="en-US"> Legal fees </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromNotesPayable_2_lbl" xml:lang="en-US"> Proceeds from note payble </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentUnamortizedDiscount_2_lbl" xml:lang="en-US"> Original issue discount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims" xlink:label="us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims" xlink:to="us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims_lbl" xml:lang="en-US"> Fair value of warrant shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DebtAmortizedDiscount" xlink:label="OCEL_DebtAmortizedDiscount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DebtAmortizedDiscount" xlink:to="OCEL_DebtAmortizedDiscount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DebtAmortizedDiscount_lbl" xml:lang="en-US"> Debt amortized discount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOfWarrants" xlink:label="us-gaap_ProceedsFromIssuanceOfWarrants"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfWarrants" xlink:to="us-gaap_ProceedsFromIssuanceOfWarrants_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfWarrants_lbl" xml:lang="en-US"> Warrants issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsForRepurchaseOfWarrants" xlink:label="us-gaap_PaymentsForRepurchaseOfWarrants"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfWarrants" xlink:to="us-gaap_PaymentsForRepurchaseOfWarrants_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForRepurchaseOfWarrants_lbl" xml:lang="en-US"> Aggregate purchase price </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CommonStockPurchaseWarrants" xlink:label="OCEL_CommonStockPurchaseWarrants"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CommonStockPurchaseWarrants" xlink:to="OCEL_CommonStockPurchaseWarrants_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommonStockPurchaseWarrants_lbl" xml:lang="en-US"> Common stock purchase warrants </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockNoParValue" xlink:label="us-gaap_CommonStockNoParValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockNoParValue" xlink:to="us-gaap_CommonStockNoParValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockNoParValue_lbl" xml:lang="en-US"> Common stock par value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" xlink:label="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" xlink:to="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_lbl" xml:lang="en-US"> Exercise price </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentConvertibleThresholdTradingDays" xlink:label="us-gaap_DebtInstrumentConvertibleThresholdTradingDays"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentConvertibleThresholdTradingDays" xlink:to="us-gaap_DebtInstrumentConvertibleThresholdTradingDays_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentConvertibleThresholdTradingDays_lbl" xml:lang="en-US"> Trading days </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xml:lang="en-US"> Current: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentFederalTaxExpenseBenefit" xlink:to="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xml:lang="en-US"> Federal </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:to="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xml:lang="en-US"> State </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Current Income Tax Expense (Benefit) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredIncomeTaxesAbstract" xlink:label="us-gaap_DeferredIncomeTaxesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxesAbstract" xlink:to="us-gaap_DeferredIncomeTaxesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxesAbstract_lbl" xml:lang="en-US"> Deferred: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Federal </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> State </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Deferred Income Tax Expense (Benefit) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:to="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_lbl" xml:lang="en-US"> Change in Valuation Allowance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Income tax provision </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:to="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xml:lang="en-US"> Tax at federal statutory rate </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes" xlink:label="us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes" xlink:to="us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_lbl" xml:lang="en-US"> State taxes, net of federal benefit </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xlink:label="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xlink:to="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_lbl" xml:lang="en-US"> Permanent differences </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StockbasedCompensation" xlink:label="OCEL_StockbasedCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockbasedCompensation" xlink:to="OCEL_StockbasedCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_StockbasedCompensation_lbl" xml:lang="en-US"> Stock-based compensation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionsWithRestructuring" xlink:label="OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionsWithRestructuring"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionsWithRestructuring" xlink:to="OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionsWithRestructuring_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ExecutiveForgivenessOfEmploymentObligationsInConnectionsWithRestructuring_lbl" xml:lang="en-US"> Executive Forgiveness of employment obligations In connection with Restructuring </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxReconciliationOtherAdjustments" xlink:label="us-gaap_IncomeTaxReconciliationOtherAdjustments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationOtherAdjustments" xlink:to="us-gaap_IncomeTaxReconciliationOtherAdjustments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeTaxReconciliationOtherAdjustments_lbl" xml:lang="en-US"> Other </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_TotalIncomeTaxExpenseBenefit" xlink:label="OCEL_TotalIncomeTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_TotalIncomeTaxExpenseBenefit" xlink:to="OCEL_TotalIncomeTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="OCEL_TotalIncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Total income tax expense (benefit) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:to="us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_lbl" xml:lang="en-US"> Change in valuation allowance </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US"> Income tax provision </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="us-gaap_DeferredTaxAssetsGrossAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGrossAbstract" xlink:to="us-gaap_DeferredTaxAssetsGrossAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsGrossAbstract_lbl" xml:lang="en-US"> Deferred Tax Assets: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:to="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_lbl" xml:lang="en-US"> Stock based compensation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic" xlink:to="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_lbl" xml:lang="en-US"> Net operating loss carryforward-Federal </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal" xlink:to="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_lbl" xml:lang="en-US"> Net operating loss carryforward-State </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="us-gaap_DeferredTaxAssetsOther"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOther" xlink:to="us-gaap_DeferredTaxAssetsOther_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredTaxAssetsOther_lbl" xml:lang="en-US"> Other </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="us-gaap_DeferredTaxAssetsGross"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGross" xlink:to="us-gaap_DeferredTaxAssetsGross_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredTaxAssetsGross_lbl" xml:lang="en-US"> Total deferred tax assets: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="us-gaap_DeferredTaxLiabilitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesAbstract" xlink:to="us-gaap_DeferredTaxLiabilitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesAbstract_lbl" xml:lang="en-US"> Deferred Tax Liabilities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:label="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:to="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_lbl" xml:lang="en-US"> Property and equipment </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="us-gaap_DeferredTaxLiabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilities" xlink:to="us-gaap_DeferredTaxLiabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredTaxLiabilities_lbl" xml:lang="en-US"> Total deferred tax liabilities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowance"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsValuationAllowance" xlink:to="us-gaap_DeferredTaxAssetsValuationAllowance_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowance_lbl" xml:lang="en-US"> Valuation Allowance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:to="us-gaap_DeferredTaxAssetsLiabilitiesNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNet_lbl" xml:lang="en-US"> Net deferred tax assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:to="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xml:lang="en-US"> Statutory income tax rate </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_FederalOperatingLossCarryforwards" xlink:label="OCEL_FederalOperatingLossCarryforwards"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_FederalOperatingLossCarryforwards" xlink:to="OCEL_FederalOperatingLossCarryforwards_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_FederalOperatingLossCarryforwards_lbl" xml:lang="en-US"> Federal operating loss carryforward </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StateOperatingLossCarryforwards" xlink:label="OCEL_StateOperatingLossCarryforwards"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StateOperatingLossCarryforwards" xlink:to="OCEL_StateOperatingLossCarryforwards_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StateOperatingLossCarryforwards_lbl" xml:lang="en-US"> State operating loss carryforward </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StateOperatingLossCarryforwardIndefinitely" xlink:label="OCEL_StateOperatingLossCarryforwardIndefinitely"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StateOperatingLossCarryforwardIndefinitely" xlink:to="OCEL_StateOperatingLossCarryforwardIndefinitely_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StateOperatingLossCarryforwardIndefinitely_lbl" xml:lang="en-US"> State operating loss carryforward indefinitely </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxExaminationPenaltiesExpense" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationPenaltiesExpense" xlink:to="us-gaap_IncomeTaxExaminationPenaltiesExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesExpense_lbl" xml:lang="en-US"> Penalties </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxExaminationPenaltiesAccrued" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesAccrued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationPenaltiesAccrued" xlink:to="us-gaap_IncomeTaxExaminationPenaltiesAccrued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesAccrued_lbl" xml:lang="en-US"> Accrued tax penalties </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xml:lang="en-US"> Number of Nonvested Shares, Outstanding at beginning </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US"> Weighted-Average Grant Date Value, Outstanding at beginning </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xml:lang="en-US"> Number of Non-Vested Shares, Granted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US"> Weighted-Average Grant Date Value, Granted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xml:lang="en-US"> Number of Non-Vested Shares, Vested </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateVestedFairValue" xlink:label="OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateVestedFairValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateVestedFairValue" xlink:to="OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateVestedFairValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateVestedFairValue_lbl" xml:lang="en-US"> Weighted-Average Grant Date Value, Vested </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitureInPeriod" xlink:label="OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitureInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitureInPeriod" xlink:to="OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitureInPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitureInPeriod_lbl" xml:lang="en-US"> Number of Non-Vested Shares, Expired/Forfeited </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice" xlink:to="OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Weighted-Average Grant Date Value, Expired/Forfeited </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_2_lbl" xml:lang="en-US"> Number of Nonvested Shares, Outstanding at ending </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_2_lbl" xml:lang="en-US"> Weighted-Average Grant Date Value, Outstanding at ending </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfStockByClassTable" xlink:label="us-gaap_ScheduleOfStockByClassTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfStockByClassTable" xlink:to="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xml:lang="en-US"> Schedule of Stock by Class [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ClassOfStockLineItems" xlink:label="us-gaap_ClassOfStockLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClassOfStockLineItems" xlink:to="us-gaap_ClassOfStockLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xml:lang="en-US"> Class of Stock [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction" xlink:to="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xml:lang="en-US"> Additional shares issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SaleOfStockPricePerShare" xlink:label="us-gaap_SaleOfStockPricePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SaleOfStockPricePerShare" xlink:to="us-gaap_SaleOfStockPricePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SaleOfStockPricePerShare_lbl" xml:lang="en-US"> Sale of stock, price per share </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_2_lbl" xml:lang="en-US"> Common stock shares converted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xlink:type="arc"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensation_2_lbl" xml:lang="en-US"> Stock based compensation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_lbl" xlink:type="arc"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="us-gaap_AmortizationOfFinancingCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfFinancingCosts" xlink:to="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xml:lang="en-US"> Amortization of Debt Issuance Costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesIssuedForServices" xlink:label="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices" xlink:to="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesIssuedForServices_lbl" xml:lang="en-US"> Stock issued for services, shares </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_2_lbl" xml:lang="en-US"> Stock issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllocatedShareBasedCompensationExpense" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xml:lang="en-US"> Stock-based compensation expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_3_lbl" xml:lang="en-US"> Stock issued during period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation" xlink:label="us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation" xlink:to="us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_lbl" xml:lang="en-US"> Stock granted of period value </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AnnualSalary" xlink:label="OCEL_AnnualSalary"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AnnualSalary" xlink:to="OCEL_AnnualSalary_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AnnualSalary_lbl" xml:lang="en-US"> Annual salary </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_IncreasingAnnualSalary" xlink:label="OCEL_IncreasingAnnualSalary"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_IncreasingAnnualSalary" xlink:to="OCEL_IncreasingAnnualSalary_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_IncreasingAnnualSalary_lbl" xml:lang="en-US"> Increasing annual salary </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_NumberOfUnregisteredCommonStockIssued" xlink:label="OCEL_NumberOfUnregisteredCommonStockIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_NumberOfUnregisteredCommonStockIssued" xlink:to="OCEL_NumberOfUnregisteredCommonStockIssued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_NumberOfUnregisteredCommonStockIssued_lbl" xml:lang="en-US"> Number of unregistered common stock issued </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_NumberOfRestrictedCommonStockVested" xlink:label="OCEL_NumberOfRestrictedCommonStockVested"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_NumberOfRestrictedCommonStockVested" xlink:to="OCEL_NumberOfRestrictedCommonStockVested_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_NumberOfRestrictedCommonStockVested_lbl" xml:lang="en-US"> Number of restricted common stock vested </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_StockGrantedDuringPeriodSharesSharebasedCompensation" xlink:label="OCEL_StockGrantedDuringPeriodSharesSharebasedCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockGrantedDuringPeriodSharesSharebasedCompensation" xlink:to="OCEL_StockGrantedDuringPeriodSharesSharebasedCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StockGrantedDuringPeriodSharesSharebasedCompensation_lbl" xml:lang="en-US"> Number of shares granted </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_CashProvidedForCreditFacility" xlink:label="OCEL_CashProvidedForCreditFacility"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_CashProvidedForCreditFacility" xlink:to="OCEL_CashProvidedForCreditFacility_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CashProvidedForCreditFacility_lbl" xml:lang="en-US"> Cash provided for credit facility </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_PurchaseOfRestrictedCommonShares" xlink:label="OCEL_PurchaseOfRestrictedCommonShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PurchaseOfRestrictedCommonShares" xlink:to="OCEL_PurchaseOfRestrictedCommonShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PurchaseOfRestrictedCommonShares_lbl" xml:lang="en-US"> Purchase of restricted common shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharesIssuedPricePerShare" xlink:label="us-gaap_SharesIssuedPricePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesIssuedPricePerShare" xlink:to="us-gaap_SharesIssuedPricePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xml:lang="en-US"> Share price </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConversionOfStockSharesConverted1" xlink:label="us-gaap_ConversionOfStockSharesConverted1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConversionOfStockSharesConverted1" xlink:to="us-gaap_ConversionOfStockSharesConverted1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConversionOfStockSharesConverted1_lbl" xml:lang="en-US"> Common stock shares converted </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_NumberOfCommonStockIssued" xlink:to="OCEL_NumberOfCommonStockIssued_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="OCEL_NumberOfCommonStockIssued_2_lbl" xml:lang="en-US"> Number of common stock issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOrSaleOfEquity" xlink:label="us-gaap_ProceedsFromIssuanceOrSaleOfEquity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOrSaleOfEquity" xlink:to="us-gaap_ProceedsFromIssuanceOrSaleOfEquity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOrSaleOfEquity_lbl" xml:lang="en-US"> Proceeds from stock issued </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_LawsuitSettlementByCash" xlink:label="OCEL_LawsuitSettlementByCash"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_LawsuitSettlementByCash" xlink:to="OCEL_LawsuitSettlementByCash_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_LawsuitSettlementByCash_lbl" xml:lang="en-US"> Lawsuit settlement by cash </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_LawsuitSettlementByIssuanceOfRestrictedCommonStock" xlink:label="OCEL_LawsuitSettlementByIssuanceOfRestrictedCommonStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_LawsuitSettlementByIssuanceOfRestrictedCommonStock" xlink:to="OCEL_LawsuitSettlementByIssuanceOfRestrictedCommonStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_LawsuitSettlementByIssuanceOfRestrictedCommonStock_lbl" xml:lang="en-US"> Lawsuit settlement by issuance of restricted common stock </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsForLegalSettlements" xlink:label="us-gaap_PaymentsForLegalSettlements"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForLegalSettlements" xlink:to="us-gaap_PaymentsForLegalSettlements_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForLegalSettlements_lbl" xml:lang="en-US"> Settlement of Litigation </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_NumberOfCommonStockRepurchase" xlink:label="OCEL_NumberOfCommonStockRepurchase"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_NumberOfCommonStockRepurchase" xlink:to="OCEL_NumberOfCommonStockRepurchase_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_NumberOfCommonStockRepurchase_lbl" xml:lang="en-US"> Number of common stock repurchase </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_RepurchaseValue" xlink:label="OCEL_RepurchaseValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_RepurchaseValue" xlink:to="OCEL_RepurchaseValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_RepurchaseValue_lbl" xml:lang="en-US"> Repurchase value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee_lbl" xml:lang="en-US"> Maximum aggregate number of shares </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommonStockSharesIssued_2_lbl" xml:lang="en-US"> Common stock shares issued </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommonStockSharesOutstanding_2_lbl" xml:lang="en-US"> Common stock shares outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_lbl" xml:lang="en-US"> Number of Shares Outstanding beginning balance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Weighted-average Exercise Price Outstanding beginning balance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_lbl" xml:lang="en-US"> Remaining Contractual Term (years) Outstanding beginning balance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_lbl" xml:lang="en-US"> Aggregate Intrinsic Value Outstanding beginning balance </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_2_lbl" xml:lang="en-US"> Number of Shares, Granted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Weighted-average Exercise Price, Granted </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_RemainingContractualTermYearsGranted" xlink:label="OCEL_RemainingContractualTermYearsGranted"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_RemainingContractualTermYearsGranted" xlink:to="OCEL_RemainingContractualTermYearsGranted_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_RemainingContractualTermYearsGranted_lbl" xml:lang="en-US"> Remaining Contractual Term (years) Granted </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AggregateIntrinsicValueGranted" xlink:label="OCEL_AggregateIntrinsicValueGranted"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AggregateIntrinsicValueGranted" xlink:to="OCEL_AggregateIntrinsicValueGranted_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AggregateIntrinsicValueGranted_lbl" xml:lang="en-US"> Aggregate Intrinsic Value, Granted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:to="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_lbl" xml:lang="en-US"> Number of Shares, Exercised </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Weighted-average Exercise Price, Exercised </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_lbl" xml:lang="en-US"> Aggregate Intrinsic Value, Exercised </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_lbl" xml:lang="en-US"> Number of Shares, Expired/Forfeited </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Weighted-average Exercise Price, Expired/Forfeited </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_RemainingContractualTermYearsExpiredForfeitedd" xlink:label="OCEL_RemainingContractualTermYearsExpiredForfeitedd"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_RemainingContractualTermYearsExpiredForfeitedd" xlink:to="OCEL_RemainingContractualTermYearsExpiredForfeitedd_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_RemainingContractualTermYearsExpiredForfeitedd_lbl" xml:lang="en-US"> Remaining Contractual Term (years) Expired/Forfeitedd </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AggregateIntrinsicValueExpiredforfeited" xlink:label="OCEL_AggregateIntrinsicValueExpiredforfeited"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AggregateIntrinsicValueExpiredforfeited" xlink:to="OCEL_AggregateIntrinsicValueExpiredforfeited_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AggregateIntrinsicValueExpiredforfeited_lbl" xml:lang="en-US"> Aggregate Intrinsic Value, Expired/Forfeited </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_2_lbl" xml:lang="en-US"> Number of Shares Outstanding ending balance </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2_lbl" xml:lang="en-US"> Weighted-average Exercise Price Outstanding ending balance </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm" xlink:label="OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm" xlink:to="OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm_lbl" xml:lang="en-US"> Remaining Contractual Term (years) Outstanding ending balance </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_2_lbl" xml:lang="en-US"> Aggregate Intrinsic Value Outstanding ending balance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_lbl" xlink:type="arc"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Weighted-average Exercise Price Exercisable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_lbl" xml:lang="en-US"> Remaining Contractual Term (years) Exercisable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_lbl" xml:lang="en-US"> Aggregate Intrinsic Value Exercisable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_lbl" xml:lang="en-US"> Risk free interest rate </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_lbl" xlink:type="arc"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_lbl" xml:lang="en-US"> Expected stock volatility </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_lbl" xml:lang="en-US"> Expected dividend rate </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueAdjustmentOfWarrants" xlink:label="us-gaap_FairValueAdjustmentOfWarrants"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAdjustmentOfWarrants" xlink:to="us-gaap_FairValueAdjustmentOfWarrants_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAdjustmentOfWarrants_lbl" xml:lang="en-US"> Grant date fair value of warrants issued </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensation_3_lbl" xml:lang="en-US"> Share based compensation expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromIssuanceOfWarrants_2_lbl" xml:lang="en-US"> Purchase price </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xml:lang="en-US"> Unamortized compensation costs </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_MinimumPurchaseAmount" xlink:label="OCEL_MinimumPurchaseAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_MinimumPurchaseAmount" xlink:to="OCEL_MinimumPurchaseAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_MinimumPurchaseAmount_lbl" xml:lang="en-US"> Minimum Purchase amount </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_InitialPurchaseOrder" xlink:label="OCEL_InitialPurchaseOrder"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_InitialPurchaseOrder" xlink:to="OCEL_InitialPurchaseOrder_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_InitialPurchaseOrder_lbl" xml:lang="en-US"> Initial Purchase Order </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SalariesAndWages" xlink:label="us-gaap_SalariesAndWages"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalariesAndWages" xlink:to="us-gaap_SalariesAndWages_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalariesAndWages_lbl" xml:lang="en-US"> Base salary </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ReimbursedExpenses" xlink:label="OCEL_ReimbursedExpenses"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ReimbursedExpenses" xlink:to="OCEL_ReimbursedExpenses_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ReimbursedExpenses_lbl" xml:lang="en-US"> Reimbursed expenses </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_DueFromRelatedParty" xlink:label="OCEL_DueFromRelatedParty"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_DueFromRelatedParty" xlink:to="OCEL_DueFromRelatedParty_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_DueFromRelatedParty_lbl" xml:lang="en-US"> Due from related parties </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures" xlink:to="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_lbl" xml:lang="en-US"> Number of restricted shares issued </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_2_lbl" xml:lang="en-US"> Vested shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_VestedSalaryShares" xlink:label="OCEL_VestedSalaryShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_VestedSalaryShares" xlink:to="OCEL_VestedSalaryShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_VestedSalaryShares_lbl" xml:lang="en-US"> Vested salary shares </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_AmountPaidToCompany" xlink:label="OCEL_AmountPaidToCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AmountPaidToCompany" xlink:to="OCEL_AmountPaidToCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_AmountPaidToCompany_lbl" xml:lang="en-US"> Amount paid to company </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_SharesReturnedToCompany" xlink:label="OCEL_SharesReturnedToCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_SharesReturnedToCompany" xlink:to="OCEL_SharesReturnedToCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SharesReturnedToCompany_lbl" xml:lang="en-US"> Shares returned to the company </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_VestedWarrantsToPurchase" xlink:label="OCEL_VestedWarrantsToPurchase"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_VestedWarrantsToPurchase" xlink:to="OCEL_VestedWarrantsToPurchase_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_VestedWarrantsToPurchase_lbl" xml:lang="en-US"> Vested warrants to purchase </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_TotalSharesReturnToCompany" xlink:label="OCEL_TotalSharesReturnToCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_TotalSharesReturnToCompany" xlink:to="OCEL_TotalSharesReturnToCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_TotalSharesReturnToCompany_lbl" xml:lang="en-US"> Total shares return to company </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan" xlink:label="us-gaap_StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan" xlink:to="us-gaap_StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan_lbl" xml:lang="en-US"> Shares to be purchased </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharesIssuedPricePerShare_2_lbl" xml:lang="en-US"> Price per share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xml:lang="en-US"> Common stock to purchase </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ConsultantAgreementsDescription" xlink:label="OCEL_ConsultantAgreementsDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ConsultantAgreementsDescription" xlink:to="OCEL_ConsultantAgreementsDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ConsultantAgreementsDescription_lbl" xml:lang="en-US"> Consultant agreements,description </link:label>

<link:loc xlink:type="locator" xlink:href="ocel-20231031.xsd#OCEL_ContractResearchOrganizationOutstanding" xlink:label="OCEL_ContractResearchOrganizationOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_ContractResearchOrganizationOutstanding" xlink:to="OCEL_ContractResearchOrganizationOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ContractResearchOrganizationOutstanding_lbl" xml:lang="en-US"> Contract research organization outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="us-gaap_NumberOfOperatingSegments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NumberOfOperatingSegments" xlink:to="us-gaap_NumberOfOperatingSegments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xml:lang="en-US"> Number of operating segments </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="OCEL_CommonSharesIssuableUponExerciseOfWarrantsMember_doc" xml:lang="en-US"> Common Shares Issuable Upon Exercise of Warrants [Member] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="OCEL_ManufacturingEquipmentMember_doc" xml:lang="en-US"> Manufacturing Equipment [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_AlbertMitraniMember" xlink:to="OCEL_AlbertMitraniMember_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="OCEL_AlbertMitraniMember_doc" xml:lang="en-US"> Albert Mitrani [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_Mr.MitraniMember" xlink:to="OCEL_Mr.MitraniMember_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_Mr.MitraniMember_2_lbl" xml:lang="en-US"> Mr. Mitrani [Member] [Default Label] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrent_2_lbl" xml:lang="en-US"> Assets, Current </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_2_lbl" xml:lang="en-US"> Assets </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrent_2_lbl" xml:lang="en-US"> Liabilities, Current </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_2_lbl" xml:lang="en-US"> Liabilities </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_5_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_5_lbl" xml:lang="en-US"> Equity, Attributable to Parent </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xml:lang="en-US"> Liabilities and Equity </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GrossProfit" xlink:to="us-gaap_GrossProfit_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GrossProfit_2_lbl" xml:lang="en-US"> Gross Profit </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingIncomeLoss_2_lbl" xml:lang="en-US"> Operating Income (Loss) </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_2_lbl" xml:lang="en-US"> Interest Expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ImpairmentOfNonmarketableSecuritiesInRelatedEntity_2_lbl" xml:lang="en-US"> ImpairmentOfNonmarketableSecuritiesInRelatedEntity </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharesOutstanding_3_lbl" xml:lang="en-US"> Shares, Outstanding </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommitmentToRepurchaseSharesInConnectionsWithSettlementOfLitigation_2_lbl" xml:lang="en-US"> CommitmentToRepurchaseSharesInConnectionsWithSettlementOfLitigation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_GainFromWriteoffsAndSettlementsOfAccountsPayableAndNotesPayable_2_lbl" xml:lang="en-US"> GainFromWriteoffsAndSettlementsOfAccountsPayableAndNotesPayable </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StocksIssuedInSettlementOfLitigation_2_lbl" xml:lang="en-US"> StocksIssuedInSettlementOfLitigation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_2_lbl" xml:lang="en-US"> Increase (Decrease) in Accounts Receivable </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties_2_lbl" xml:lang="en-US"> Increase (Decrease) in Notes Receivable, Related Parties </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherReceivables_2_lbl" xml:lang="en-US"> Increase (Decrease) in Other Receivables </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInPrepaidExpense_2_lbl" xml:lang="en-US"> Increase (Decrease) in Prepaid Expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInInventories_2_lbl" xml:lang="en-US"> Increase (Decrease) in Inventories </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2_lbl" xml:lang="en-US"> Increase (Decrease) in Accounts Payable and Accrued Liabilities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInSecurityDeposits_2_lbl" xml:lang="en-US"> Increase (Decrease) in Security Deposits </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInContractWithCustomerLiability_2_lbl" xml:lang="en-US"> Increase (Decrease) in Contract with Customer, Liability </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_3_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_InvestmentInNonmarketableEquitySecurities_2_lbl" xml:lang="en-US"> InvestmentInNonmarketableEquitySecurities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_SharesRepurchasedInConnectionWithLitigation_2_lbl" xml:lang="en-US"> SharesRepurchasedInConnectionWithLitigation </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_PaymentsOnFinanceLease" xlink:to="OCEL_PaymentsOnFinanceLease_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_PaymentsOnFinanceLease_2_lbl" xml:lang="en-US"> PaymentsOnFinanceLease </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfNotesPayable_2_lbl" xml:lang="en-US"> Repayments of Notes Payable </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_2_lbl" xml:lang="en-US"> Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3_lbl" xml:lang="en-US"> Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_ExecutiveForgivenessOfEmploymentObligationInConnectionsWithRestructuring_2_lbl" xml:lang="en-US"> ExecutiveForgivenessOfEmploymentObligationInConnectionsWithRestructuring </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_WarrantsIssuedToExecutivesAsPaymentForOutstandingsCompensation_2_lbl" xml:lang="en-US"> WarrantsIssuedToExecutivesAsPaymentForOutstandingsCompensation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommonStockIssuedAsCommitmentFeeForPromissoryNote_2_lbl" xml:lang="en-US"> CommonStockIssuedAsCommitmentFeeForPromissoryNote </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommitmentFeeShortfallObligation_2_lbl" xml:lang="en-US"> CommitmentFeeShortfallObligation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_CommitmentToRepurchaseShareInConnectionsWithSettlementOfLitigation_2_lbl" xml:lang="en-US"> CommitmentToRepurchaseShareInConnectionsWithSettlementOfLitigation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2_lbl" xml:lang="en-US"> Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecuritiesNoncurrent_2_lbl" xml:lang="en-US"> Marketable Securities, Noncurrent </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue_2_lbl" xml:lang="en-US"> Finance Lease, Liability, to be Paid </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityUndiscountedExcessAmount_2_lbl" xml:lang="en-US"> Finance Lease, Liability, Undiscounted Excess Amount </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US"> Current Income Tax Expense (Benefit) </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US"> Deferred Federal Income Tax Expense (Benefit) </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US"> Deferred State and Local Income Tax Expense (Benefit) </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US"> Deferred Income Tax Expense (Benefit) </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_2_lbl" xml:lang="en-US"> Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OCEL_StockbasedCompensation" xlink:to="OCEL_StockbasedCompensation_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_StockbasedCompensation_2_lbl" xml:lang="en-US"> StockbasedCompensation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationOtherAdjustments_2_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Other Adjustments, Amount </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OCEL_TotalIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US"> TotalIncomeTaxExpenseBenefit </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOther" xlink:to="us-gaap_DeferredTaxAssetsOther_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsOther_2_lbl" xml:lang="en-US"> Deferred Tax Assets, Other </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGross" xlink:to="us-gaap_DeferredTaxAssetsGross_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsGross_2_lbl" xml:lang="en-US"> Deferred Tax Assets, Gross </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilities" xlink:to="us-gaap_DeferredTaxLiabilities_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilities_2_lbl" xml:lang="en-US"> Deferred Tax Liabilities, Net </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowance_2_lbl" xml:lang="en-US"> Deferred Tax Assets, Valuation Allowance </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNet_2_lbl" xml:lang="en-US"> Deferred Tax Assets, Net </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_3_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_3_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_3_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_3_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price </link:label>

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<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_3_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding </link:label>

</link:labelLink>

</link:linkbase>

25 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/06/23  Organicell Regenerative Medi… Inc 8-K:5,7,9   6/04/23   13:7.3M                                   Empire Filings/FA
 2/14/23  Organicell Regenerative Medi… Inc 10-K       10/31/22   75:9.6M                                   Empire Filings/FA
10/20/22  Organicell Regenerative Medi… Inc S-1/A                 75:12M                                    Empire Filings/FA
 9/27/22  Organicell Regenerative Medi… Inc 8-K:5,9     9/23/22   11:323K                                   Empire Filings/FA
 9/06/22  Organicell Regenerative Medi… Inc 8-K:1,9     9/01/22   12:532K                                   Empire Filings/FA
 8/23/22  Organicell Regenerative Medi… Inc 8-K:1,3,5,9 8/19/22   26:4.7M                                   Empire Filings/FA
 2/14/22  Organicell Regenerative Medi… Inc 10-K       10/31/21   74:8.2M                                   Empire Filings/FA
11/02/21  Organicell Regenerative Medi… Inc 8-K:1,3,9  10/29/21   11:211K                                   Empire Filings/FA
11/01/21  Organicell Regenerative Medi… Inc S-8        11/01/21    4:215K                                   Empire Filings/FA
10/16/20  Organicell Regenerative Medi… Inc 10-K       10/31/19   81:6.5M                                   GlobalOne Filings Inc/FA
 7/14/20  Organicell Regenerative Medi… Inc 8-K:3,5     6/24/20    2:136K                                   GlobalOne Filings Inc/FA
 4/30/20  Organicell Regenerative Medi… Inc 8-K:1,3,5,9 3/30/20    2:87K                                    GlobalOne Filings Inc/FA
11/01/18  Organicell Regenerative Medi… Inc 10-K       10/31/17   83:6.4M                                   GlobalOne Filings Inc/FA
 4/26/18  Organicell Regenerative Medi… Inc 8-K:1,3,5,8 4/23/18    3:195K                                   M2 Compliance LLC/FA
 4/12/18  Organicell Regenerative Medi… Inc 8-K:1,5,9   4/06/18    5:248K                                   M2 Compliance LLC/FA
 2/09/18  Organicell Regenerative Medi… Inc 8-K:1,2,3,5 2/05/18    3:608K                                   M2 Compliance LLC/FA
12/18/17  Organicell Regenerative Medi… Inc 8-K:5,9    12/13/17    2:345K                                   M2 Compliance LLC/FA
 7/07/17  Organicell Regenerative Medi… Inc 10-K       10/31/16   68:5.6M                                   M2 Compliance LLC/FA
 5/23/17  Organicell Regenerative Medi… Inc 8-K:1,3,8,9 5/17/17    3:631K                                   M2 Compliance LLC/FA
 4/03/17  Organicell Regenerative Medi… Inc 8-K:1,2,3,9 3/29/17    6:678K                                   Discount Edgar/FA
 3/15/17  Organicell Regenerative Medi… Inc 8-K:1,3,5,8 3/08/17   11:604K                                   Discount Edgar/FA
11/14/16  Organicell Regenerative Medi… Inc 8-K:3,5,9  11/04/16    8:618K                                   Discount Edgar/FA
11/03/16  Organicell Regenerative Medi… Inc 8-K:1,3,8,911/01/16    5:129K                                   Discount Edgar/FA
11/03/15  Organicell Regenerative Medi… Inc 8-K:2,3,5,910/30/15    3:926K                                   Discount Edgar/FA
 9/04/12  Organicell Regenerative Medi… Inc S-1                    5:913K                                   Clark Corp Law Group LLP

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