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I think we might be looking at the final shakedown before the big run. Looks like they’ve made a lot of progress in court the past two weeks.
It is what it is $ESNC
Something is a foot
Yep, a million share plus bid does that on stocks like ESNC
$ESNC L-2 tells me there was or is about to be huge news.
20,000 shares could end up being worth a nice chunk of change if we get the news that we’re looking for.
No shares left below a penny!
20 month MA is likely way higher than a dime as well.
last 18 months of selling has been very small since the Court story started. I agree with your analysis.
I just shared with my followers.
It does seem like the rise in price from June to mid -August was driven by an uptick to moderate volume, and the price drop off since then has been on much lower volume. Nobody seems to be eager to offer any large number of shares for less than 1.5 cents.
They’re keeping the bid low so they can hopefully shake a few weak hands loose.
We haven’t had any court filings in nearly a month. Perhaps something will come soon.
If somehow Ensync resumed operations or merged with a partner and the market valuation was $6 million, then the stock would be worth 10 cents. Mind you, they had a book value near $15 million just last year.
There could also be a cash disbursement to shareholders, after they auction assets and sell IP. Even a $3 million disbursement would equal 5 cents per shareholder.
Nice volume bid support on this today and so thin on the ask.
$ESNC
And there is no dilution on ESNC
No volume selling at the bid, but there has been volume at the ask buying for many months. Not daily, but the right kind to get my attention.
I got in at .012 , 18 months ago, I plan to load more on any dips. Large bids under .01 have been seen frequently on L-2 this year, since about April(?) as I recall
Money with patients has been holding this one for a while now.
I think a dime easy is possible. Right news (perfect news) could run it hard to $1
71000 dollar buy doesn't move it, but a 100 sell drops it 14 percent.
I saw it hit 2.2 million on the bid for a little while. No shares left for sale below 1.5 cents though
I wonder what’s goin on...
Someone is real hungry for ESNC shares
1,200,000 shares on the bid,
If they dog gets unchained it will eat its way to a dime here LOL
Still playing this one? I think we’re getting pretty close to the end
It’s amazing that this company raised $2.7 million at 26 cents per share in a private placement just 6 months before they filed for chapter 128.
Some people with deep pockets still believed in Ensync and were willing to buy at 26 times what the shares are currently trading. According to filings, their book value after private placement closing was 16 cents per share. That means they had some valuable assets and also had their debts under control.
I can’t help but think there must be some value left in this company.
Have you noticed what’s been going on the past few months with this stock?
Up around 400% since May and holding steady.
Traded all the way down around $.003 for awhile with huge bid volume putting in a floor around $.0025. I frequently saw a 5,000,000 share bid providing support down there.
Right around May the last of three lawyers for SPI Solar withdrew from the case. Could be significant. The judge appears to have approved their objections to claims and allowed them to begin making disbursements. It appears they’ve also auction off some assets. (Maybe ppa contracts, maybe IP, who knows?)
Any thoughts on the action since you last gave it some attention? The might be ready to exit chapter 128 (not bankruptcy) and resume business. Could be ready for a nice run.
Nice to see you and I are not the only ones slumming it out here?
LOL
I have been surprised at how little volume it has taken for this stock to rise in price. Some buyers have emerged, but I think the bigger story is that the ask keeps rising as the sellers disappear.
We’ll need some news to get volume commensurate with the float.
Just a little patience
OTCmarkets says 68 Mil OS on ESNC
I thought they did a R/S about 8 weeks before the roof fell in. I could be wrong.
It acts like less than a Mil share float, the ask is so thin.
But I have seen about 1 to 1.5 Mil shares bought during this rally the last 3 months.
Not sure what’s most accurate. Yahoo finance says the float is 62.5 million
https://finance.yahoo.com/quote/ESNC/key-statistics/
I check somewhere last week and it said the Float was only 8 mil shares.
OTCmarkets?
By the way, thanks for the heads up on that biotech. I’m watching closely. Always want to get in early before the crowd
The window to get in on Ensync before it’s back above 10 cents might be closing pretty soon...
I think there are about 68 million shares, and the float is somewhere between 48 and 62 million.
This could move real quick of volume picks up
According to court filings from Monday the judge approved EnSync’s objections to claims and also approved EnSync’s motion to allow claims. The details are limited, but it sounds like the judge is giving them a break on some of their unsecured debts.
It also looks like they’ve auctioned off some assets (PPA contracts, intellectual property, etc), so they might be in a position to re-emerge or perhaps be part of a merger or at least have a cash disbursement for equity holders.
We shall see
https://wcca.wicourts.gov/caseDetail.html?caseNo=2019CV000556&countyNo=67&index=0
Awesome to hear. And details in the $ESNC court story you like that I can share???
8 Mil share OS?
I think we might be taking the next leg up soon!
Good news in court and an uptrend in the bid and ask.
$$Go ESNC$$
Looks like your up about 33% in one week. Not bad!
There were some interesting court filings on Monday. It looks like the judge approved EnSync’s objections to claims. I think this means the court process is coming to an end soon, and it was helpful to our company. Hopefully shareholders will receive a cash disbursement, shares in a new company, or EnSync could even resume operations.
Any of that would cause the stock to go on a huge run!!
$$Go EnSync$$
Don't normally play under Big boards, but I grabbed 20K shares on Friday @ .0012 just for Shizz & giggles. Could be a 10 to 20 bagger via Iowa, Cali, and Hurricane season. Tick Tock :)
I know what's going on. I got in early
Just sayin
Haha! Roger that, captain. I’ll keep this one under my hat until you’re done loading up.
$$$ Have a great weekend everybody! $$$
$ESNC: Next week is gonna kill it... $0.50
Nooooooooooooooooo body knows whats goin on here
Simply awesome
GO $ESNC
LOL, Shush please I am still loading the float on ESNC
How much longer until this stock finally starts to get some attention??
The ESNC chart says it was buy in March LOL at .003x???
I missed the bottom, but still have the first shares I bought at .012/share average after watching the stock from the sidelines for 10 years. LOL
But is the cat in the box or not is the real question LOL
Well that settles it. Bet the rent on EnSync!!
$$$
Yeeesss.
Is the cat in the box or not in the box?
I get the Star Wars reference, but I’m not sure what you’re implying. Are you bullish or bearish on this one?
There are not the droids you are looking for in ESNC
LOL
Maybe. Over the years I have made many bad stock choices. 10 years ago I bought 10,000 shares of QDEL at 18 bucks. I started losing money immediately and it went down to about 14. Then it turned around and I was happy to get out at 21 bucks. Today it's at 265 bucks. 10,000 times 265 equals 2,650,000 bucks! Go figure!!
Lots of trading and price upswing the past month huh. It’s a bullish sign that no one wanted to sell you shares at .72
I wonder what’s going on behind the scenes....
For now, I changed my mind about buying again.
Maybe I'm nuts for buying into this again because I lost thousands when I sold before. I currently have 45,000 shares at about .0065. I tried buying 140,000 more shares at .0072 but got not bites! Something has to be up based on the buying lately. I'll see what happens tomorrow.
Very interesting to see it hit $.0129 today in early trading. Makes you think the ask must be pretty darn thin
Somethings up! At one time I owned 120,000 shares. I lost thousands and thousands after I sold for a few pennies! After that loss, I bough back a few thousand shares at .0065, hoping for a dead cat bounce or a miracle! Not sure if that will happen, but some people will have a chance to make a few bucks.
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Whether part of the grid power transmission and distribution network, or behind the meter in commercial, industrial and multi-tenant buildings, EnSync technology brings differentiated power control and energy storage solutions to electricity-challenged environments. Our technologies also serve as the system level intelligence in microgrid applications, by seamlessly integrating multiple generation and storage assets to deliver power in remote and community level environments not served by the grid, or areas electing to use the grid secondary to microgrid assets.
At a macro level, the least expensive and most reliable electricity is best accomplished with the ability to prioritize electricity from the grid, renewables and storage, by synchronizing each of these assets in real time and leveraging their respective value. At the micro level, the ability to monetize numerous applications on the customer side of the meter provides the ability to utilize almost any combination of applications possible, including supply response, time-of-use, frequency regulation, back-up power, demand charge clipping and numerous others, all to ensure the lowest cost electricity available at any given moment. We optimize all macro and customer side of the meter resources to ensure delivery of the highest customer value electricity.
In 2015, EnSync Energy began including power purchase agreements (PPA's) into its portfolio of offerings, enabling electricity savings for customers and providing a stable financial yield for investors. Headquartered just outside of Milwaukee, Wisconsin, EnSync is a global corporation with strategic relationships, including:
Meineng Energy, a joint venture serving the Chinese market and providing comprehensive supply chain and manufacturing capacity
Holu Energy, an energy systems project development company based in Hawaii serving the Pacific region
Lotte Chemical of South Korea, a joint development partner advancing storage technologies
Solar Power, Inc., a global renewables project developer leveraging EnSync technology via a supply agreement and sharing multiple synergistic growth opportunities
EnSync Energy Systems offers a revolutionary energy synchronization system that enables a dramatic reduction in the cost of electricity and increases the financial returns of distributed generation systems in the C&I market. Commercial and industrial buildings have become a major opportunity for distributed generation assets to create "net zero" buildings, introduce power purchase agreements (PPA's) and provide utilities with sources of energy in critical peak or critical load situations. EnSync is the only company that can provide complete C&I building energy storage and energy management systems that unlock opportunities to generate income today, as well as "future proof" the building for any additional applications and requirements that are realized throughout the life of the asset. This includes energy management and hybrid energy storage systems.
For the C&I market, EnSync has introduced Matrix and Agile Hybrid systems which are designed to:·
enable distributed intelligence and active control of inputs and outputs inside buildings·
allow a building to be connected to others in a micro grid·
provide seamless connectivity to the utility for smart export on demand·
deliver cash generation opportunities from a building's distributed energy systems.
EnSync is participating in several innovative Power Purchase Agreements that are based on electricity delivered through a variety of generating sources, but typically featuring solar generation, and often including battery storage to further the value and capability of solar power.
A PPA is a financial agreement by which a development entity arranges for the design, permitting, financing and installation of a distributed generation/storage system on a customer’s property at little to no cost to the customer. The owner of the PPA sells the power generated to the host customer at a fixed rate that is lower than the local utility’s retail rate. This lower electricity price serves to offset the customer’s purchase of electricity from the grid while the PPA owner receives the income from these sales of electricity as well as any tax credits and other incentives generated from the system. PPAs typically range from 10 to 25 years and the developer remains responsible for the operation and maintenance of the system for the duration of the agreement. Based on the PPA contract terms, a customer may be able to purchase the system at some point within the contract period, extend the PPA, have the system removed by the PPA owner or choose to buy the solar energy system from the PPA owner.
Benefits of PPAs to Customers
No or low upfront capital costs: The developer handles the upfront costs of sizing, procuring and installing the solar PV and/or energy storage systems. Without any upfront investment, the host customer is able to adopt solar and begin saving money as soon as the system becomes operational. Reduced energy costs: PPAs provide a fixed, predictable cost of electricity for the duration of the agreement and are structured in one of two ways. Under the fixed escalator plan, the price the customer pays rises at a predetermined rate, typically between 2% - 5%. This is usually lower than projected utility price increases. The fixed price plan, on the other hand, maintains a constant price throughout the term of the PPA saving the customer more as utility prices rise over time.
Limited risk: The PPA Owner is responsible for system performance and operating risk.
EnSync’s utility-scale energy storage technology is the answer to the growing penetration of renewables on today’s power grid. Utilities are faced with providing cheaper, cleaner and more reliable power as we transition away from a coal-centric economy. EnSync systems improve power quality, smooth output from intermittent generating assets, help reduce emissions, defer transmission, distribution and substation upgrades, and reduce costs associated with traditional generating plants.
An integrated system that features zinc-bromide flow battery technology can be partnered with Matrix power controls to provide for longer energy discharge applications prevalent in utility scale applications.
EnSync’s utility-scale flow batteries offer high energy density, are environmentally friendly, and are manufactured as 20-year assets. Multiple container units can be modularly interconnected and configured with EnSync’s inverter technology to deliver an end-to-end system for quick and simple installation. EnSync’s designs are easily transferable and portable with simple site permitting in places that can be constructed not always accessible by traditional generating sources.
Microgrids are localized grids that can disconnect from the traditional grid to operate autonomously and help mitigate grid disturbances to strengthen grid resilience, and can play an important role in transforming the nation’s electric grid.
Remote microgrids, in locations where utility power isn’t available, often use a combination of renewables, diesel generators and storage for their electricity requirements.
Resiliency, independence, environmentally friendly and cost-effective are key features of today’s microgrid environments, and EnSync has become the “go-to” enabling technology.
EnSync’s revolutionary Matrix Energy Management System prioritizes and optimizes renewables, diesel generators and energy storage assets to reliably and cost-effectively power remote, completely off-grid applications, and grid-tied applications that can “island” from the utility during outages and still derive electricity from behind-the-meter generation and storage assets.
Matrix Energy Management Systems are innovative in that they provided differentiated capabilities as compared to conventional inverter technology, such as:
Active Energy Synchronization for any or all DC and AC Inputs and Outputs
Prioritization and Optimization of All Generating Assets without System Controllers and Complex Algorithms
Management of Every Power and Energy Storage Application and Asset in Simultaneous Operation
Modular, Scalable, Efficient and “Future Proof” Energy Management as a 20-Year Asset
The Matrix Energy Management System™ is breakthrough technology as a “behind the meter” energy control system targeted specifically at the commercial, industrial and multi-tenant building markets. Matrix utilizes EnSync’s patented “Auto-Sync” DC-Bus Modular Controls that enable simple integration of all AC and DC system inputs, and automatically routes the generated electricity in the most efficient and cost effective manner, in or out of the building. Matrix is modular and configurable, designed to meet the building owner’s needs today, as well as providing a “future proof” solution for potential applications tomorrow. Matrix enables complete distributed generation asset-to-utility communication for “smart export” and is able to be clustered in a secure network as a set of assets that enable real-time spot market electricity sales. Serviceability is simple with “hot swappable” drawers that can be replaced without taking the entire distributed generation system off line. DC-DC, DC-AC, and AC-DC transformers and communications drawers are all configurable to the same universal architecture in either single or multiple Matrix cabinets.
The EnSync EnerSection provides a single point-of-connection to all connected power sources and storage
Universal, modular design integrates any power input and output with any storage device via discrete power electronic ‘buckets’
Easily expanded or modified in the field; with no software reconfigurations
The EnerSection® power and energy control center is modular, and configurable. Its architecture connects multiple AC and DC power sources directly to DC energy storage units with variable AC and DC power load outputs including grid-tied, grid-independent / off-grid capable inverters with four-quadrant active and reactive power control. EnerSection power controls are ideally designed for outdoor use serving remote microgrid applications.
Inverters are ETL certified to UL1741 standards
Patented common DC bus seamlessly hybridizes multiple battery traits — fast response with long discharge bulk storage as needed
Up to 500kW AC power rating per wide temperature range -22°F to 122°F / -30°C to 50°C Additional AC and/or DC output ‘buckets’ for continuous, grid independent power supply to critical loads onsite
Optional EnSync’s Grid Isolation Device (GID) automatically provides both normal and back-up power supply with controls to isolate power to and from the grid supply, while connecting customer loads with onsite generation and storage during outages, then seamlessly reconnects to the normal grid operation when grid service is restored
Power and Energy applications in one integrated platform - Power Applications: PV ramp, frequency regulation, power quality - Energy Applications: Demand response, rate shifting, critical back-up power
Configurable for any building, any application requiring discharge time from seconds to > 8 hours
Controlled via a patented “Auto-Sync” DC-Bus
High power, frequent cycling applications served by best-in-class Li-Ion Chemistry
Li-Ion is managed within its optimum operating range for extended life
Hybridized solution unlocks additional value streams
Long duration, deep discharge applications met with 4th generation Zinc Bromide Flow Chemistry
System optimized for high performance, safety and longevity
Modular and scalable to meet requirements for a wide variety of applications and locations
Field Proven. Ability to perform in diverse operating environments
The Agile Hybrid Storage System™ is forward-looking technology that seamlessly combines a variety of storage units to meet a breadth of applications. EnSync’s Agile Hybrid Series is an industry-leading energy storage system optimized specifically for high performance, safety, longevity and ability to deliver both power and energy for all available behind-the-meter applications in commercial, industrial, multi-tenant and resort buildings.
The Agile Hybrid Series features EnSync’s flow battery which recently achieved third-party certification from a leading, globally-recognized test facility in China, and validates the battery achieved performance at or beyond design and company specifications. Along with our flow battery, the Agile Hybrid integrates complementary storage technology best suited for the balance of applications, which is often Lithium-ion batteries because it marries well with renewable firming and other short-discharge, high-power applications.
Power and Energy applications in one integrated platform - Power Applications: PV ramp, frequency regulation, power quality - Energy Applications: Demand response, rate shifting, critical back-up power
Configurable for any building, any application requiring discharge time from seconds to > 8 hours
Controlled via a patented “Auto-Sync” DC-Bus
High power, frequent cycling applications served by best-in-class Li-Ion Chemistry
Li-Ion is managed within its optimum operating range for extended life
Hybridized solution unlocks additional value streams
Long duration, deep discharge applications met with 4th generation Zinc Bromide Flow Chemistry
System optimized for high performance, safety and longevity
Modular and scalable to meet requirements for a wide variety of applications and locations
Field Proven. Ability to perform in diverse operating environments
Stored Energy. Reliable Power.
EnSync’s energy storage technology increases the consistency and reliability of your power.
GridStrong is EnSync’s leading static synchronous compensator that can solve a wide variety of power quality and voltage stability issues. GridStrong enables your facility to experience higher penetration of solar energy generation without degrading power quality, as well as help improve power quality in overloaded or areas at the edge of the grid. Even in areas with bigger loads, like plug-in hybrid vehicles, GridStrong will allow you to increase your load. GridStrong is also a VAR generator capable of both inductive (importing VARS) and capacitive (exporting VARS) to the grid/load.
https://youtu.be/LTWHBNdFaJk
Applications and Features
Applications:
High solar penetration areas
Heavy load residential areas
Long radial feeders
Congested distribution lines
High time of day loads or high random
loads – industrial areas, for example
Areas sensitive to loading
Conservation voltage reduction (CVR)
Volt/Var Optimization (VVO)
Features:
Pole mountable capability
Incorporates adjustable response time
Provides capacitance and inductance correction
Includes adjustable dead band and voltage control bands
Improves grid reliability by regulating and stabilizing voltage
Contains online (remote) control/monitoring and local indication
Lowest cost of ownership over a 20-year design life in bulk energy storage applications
Up to 7x expected service over life of lead acid in daily,100% capacity usage needs
5x energy density of vanadium redox flow battery designs
Integrated DC bus design requires no onsite wiring for power connections
Black-start capable with no external aux power input required
Modular, redundant and scalable architecture from 50 kWh to 2 MWh or more from a single point of system connection
Wide ambient operating temperature range with no external structures or climate controlled enclosures required for outdoor siting (-22°F to 122°F / -30°C to 50°C)
No additional ventilation, fire suppression or spill containment needed for indoor locations
Expandable from 50kWH to 500kWH in a single enclosure
https://youtu.be/LTWHBNdFaJk
https://youtu.be/xCNqI1PMaEk
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