EnSync Inc. (ESNC)

[Helter Skelter]

On March 9, 2010, we completed a registered direct sale 2,243,750 units at $.80 per unit consisting of an aggregate of 2,243,750 shares of common stock and warrants to purchase 1,121,875 shares of common stock at an exercise price of $1.04 per share. The proceeds to ZBB after deducting placement agent fees and offering expenses were approximately $1.6 million.

On March 31, 2010, we completed the closing of a private placement of unregistered common stock. The purchasers of the stock were certain of the Company’s directors, officers, and key employees. The Company sold 337,346 shares at $.83 per share. The proceeds to ZBB were $280,000

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Current pps is too low...