Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Another 1200 shares traded today. No movement. No indication if it was a buy or sell.
Wrong direction, but iut traded again. 9,959 shares.
SEC is all over the place not doing stuff it was doing and doing stuff it was not doing.
The EM market, saved the SEC a lot of money, time and court costs, and seems to getting used instead of court action to revoke registration of shares. There is one stock Ecmh? that is 7 years late with state filings, and SEC fillings still SEC reporting on the EM market that SEC never killed, yet the SEC killed a real quantum dot tech firm, just after that firm beat the bad people loan sharks in court, that allowed them to file late SEC filings (they need to win the court battle to report accurate share data), and suddenly the SEC sacked them as they were almost current. Sure makes the SEC look owned by loan sharks...
I had forgotten about this one. Looks like the TA scrubbed the data. Interesting In 40 years I have never seen one like this ever come back. I have seen chapter 11 ones comeback, one was one of the largest world wide lead acid battery firms in 2009/2010? They did the round trip twice.
https://www.otcmarkets.com/stock/ESNC/security
Expert Market
Delinquent SEC Reporting IconDelinquent SEC Reporting
I think our best hope is to be given some small payout from the receiver upon final dissolution of the company. Who knows, there could even be a couple million dollars left over after the preferred shareholders get paid, equaling maybe 3-4 cents per share.
They could also do some kind of weird reverse merger or something. They’ve been in business since back in 1986 under the name ZBB Energy, and were apparently an Exxon spinoff too, so they’ve reinvented themselves before and could do it again.
In the meantime we are in the dark without many options
Could that 2200 shares traded be a buy? Who knows!
Because they are SEC reporting, it would require 2 years of audited financials to get SEC complaint and pink current.
There is no way it can go to OTC alt filing with out 2+ years of audited financials first...
I do not see that happening
SEC could suspend trading, which starts the process to revoke shares any time they want.
I was under the impression that ESNC would be able to resume trading as a “Pink-Limited Information” company as long as it made some type of “current information publicly available”. It wouldn’t be able to trade as a Nasdaq, or even as an OTCBB listed company without detailed financials, but would able to be bought and sold by retail traders as a Pink stock.
The issue right now is that they have no current information whatsoever, so they are being restricted on the brokerages as a Gray market stock. We just need news updating us on the chapter 128 (not bankruptcy) proceedings to resume trading with a potential price boost. Thoughts?
I am on the sidelines here on ESNC now.
But they would now need to file 2 years of audited financials just to get tradeable again because it was an SEC Nasdaq stock. I seriously doubt that will happen. If had not been SEC reporting, it might have had better odds.
Best of luck to the longs here. This was a shame what they let happen to this great Exxon Flow through Battery Tech IPO spin off, that today with the move from fossil fuels to clean electric power tied to wind and solar grids power generation grids, would have finally been a game changer the next 10-20 years. I fear the loan sharks, and Legal sharks are sneaking the money, tech and IP-assets out the back door leaving a dead, too costly to revive shell.
Did they even keep the patents current? Paid up and enforceable?
I have seen this kind of shark feeding too many times going back to the 1980s.
For the remaining longs, and the need for climate change clean power tech, I hope i am wrong. Best of luck here folks.
FWIW, I thought Fcel was dead last year before Exxon saved them.
But they saved them 1-2 days before a BK filing would have happened.
Seems like there is no material change in the company.
The share price drop is probably caused by the SEC requirement for companies to maintain current with their reporting (earnings statements, etc.). Since Ensync is in court and their business operations currently suspended, they aren’t current with their reporting and are therefore classified as a “no information” stock.
Any news and this thing could be absolutely bonkers. 20 cents per share would be $12 million market cap for the company, which isn’t crazy.
Especially when you consider the value of their IP, and the contracts they have to sell energy from their already installed solar+storage projects. Money in the bank.
Thanks for the buy $ESNC like a mad man call.
Looks way over sold. Perfect ticker for massive comeback.
Started out as an Exxon new flow through battery tech for Grid power back up on a massive scale.
I’d say with all retail share purchasing shut down due to the SEC blocking the trading of “no information” stocks, there isn’t much of a chance of a dead cat bounce.
Our only hope is if there is still some value in the entity. Perhaps once they exit chapter 128 they will resume trading and the price will rise.
I wouldn’t recommend betting the rent on this one, but I also wouldn’t completely give up hope that the price may rise someday.
Same problem loss 4k
I lost thousands of dollars when they went into receivership!
Not too long ago, because of hopeful rumors, I rolled the dice and reinvested, buying 291,002 shares at .00983
Looks like another tax loss for me!
E*TRADE already won’t let me buy…
Quite a few shares traded today so far. Maybe some kind of news is coming, Good or bad. We might know soon.
Haha! who knows? Nice to see the bids at .0169-.017 held all day
These trading patterns look awfully similar to the ones we were seeing when it jumped this past winter. The ask slowly melting away and a big jump in price to the next available shares.
I sure hope we know something soon. It’s been about 4 months since the last court filing. It seemed like they had settled with their debtors based off the court filings back in February.
Is something up? Is good news coming? We'll know soon, I guess.
There's some action today. 269,302 shares traded. Up a touch.
After a stock goes down 50% it needs to increase 100% just to get even.
If I remember correctly, during the receivership proceedings, SPI showed an interest to purchase ESNC.
Down close to 34% on 303 shares traded.
Damn the torpedoes, full speed ahead!!
It looks like someone was hungry and cashed in some stock to buy a cheeseburger deluxe!
The storm before the calm. They’re trying to shake a few hands loose before the stock takes off.
Get ready to be on easy street with EnSync
As the Redditors say, “diamond hands YOLO”
As the BitCoin geeks say: “HODL”
As Charles Schwab says: “Own Your Tomorrow”
Looks like someone beat me to adding ESNC cheapies here.
But, it looks like the wrong direction!
Some serious volume out there...could be news coming
Anymore news from the court here on ESNC?
Thinking of adding on the dip.
The dollar amount of the shares traded is not a lot, but 209,000 shares traded is a promising sign that there may be confidence in the company.
Does anyone have the latest on the ESNC court case, I have not had time to look. Thanks
It took another breath today.
I seriously considered picking up a few shares at .027 today. New court documents uploaded to the chapter 128 case webpage. Looks like everything is coming along smoothly.
Hope you get some shares at the nice price!!
There has been a steady flow of that kind of ESNC news for over 18 months. One of the other reasons I think it is going back into business
“Judge Signs Order Approving EnSync’s Objection to Debt Claims”
https://wcca.wicourts.gov/caseDetail.html?caseNo=2019CV000556&countyNo=67&index=0#records
Seems like a big deal. Some people said we owe them money, and we argued that we didn’t, and the judge agreed with us. That sounds like cash money to me.
Ka-Ching!
There’s a “check case” scheduled for tomorrow in court. Could be some good news coming. That would explain the high volume churning in the 3s the past two weeks followed by the low volume shakedown all the way to 1.7 cents today.
There was a pretty big price jump on the day of the last court date, so get your popcorn ready!
I read this article on stocktwits.com ESNC is one of many companies mentioned.
https://www.tropicalizer.com/le-dernier-rapport-sur-les-tendances-du-marche-batterie-flow-est-en-plein-essor-a-lechelle-mondiale-par-les-principaux-acteurs-cles-sumitomo-electric-primus-power-ensync-imergy-etc/
Also: https://www.reportsmonitor.com/report/1081715/Flow-Battery-Market
They obviously have some kind of plan lurking, and folks that watch the court case closely would be selling not buying if there was not some kind of plan to revive it. With the changing of the guard in DC, hell they could sell it as a shell for clean energy, and pay more creditors. They me be working on Funding the restart? Chart says it is coming back... after 2 years of saying the opposite
I’m starting to think these shares might be pretty valuable. Doesn’t look like there’s anybody willing to sell many shares, even after a 250% price increase!
Followers
|
35
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1376
|
Created
|
06/04/08
|
Type
|
Free
|
Moderators |
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
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |