ensync energy systems receives a notice from nyse american - home energy storage system

MILWAUKEE, Jan.
11, 2019/PRNewswire /--EnSync, Inc. (
New York Stock Exchange: ESNC)
, Dba EnSync energy system (the "Company")
Create the future of electricity using innovative residential and commercial distributed energy (DER)
Energy Systems and the Internet (IOE)
According to the control platform, on January 7, 2019, the company received a defect letter from the New York Stock Exchange, United States limited (the "Exchange")
Notify the company that it does not meet the criteria for the continued listing of the exchange as stipulated in section 1,003rd (f)(v)
Guide to exchange companies (
Company Guide).
Specifically, the exchange has determined that the shares of the Company's securities have been sold at a low price for a considerable period of time, according to section 1,003rd (f)(v)
In the company's guide, the company's continued listing on the exchange is subject to its reverse stock division of its common stock, or to a sustained price increase over a reasonable period of time, the exchange has been identified as July 7, 2019.
As a result of the above, the company has complied with the procedures and requirements of section 1,009th of the company's guide.
During this period, in accordance with the company's compliance with other ongoing listing requirements, the Company's common stock will continue to be listed on the exchange and will continue to trade under the symbol "ESNC" and add the name.
BC "to indicate that the company is below the exchange listing standard.
Exchange also publishes a list of issuers that do not meet the requirements and displays them.
BC indicators on its website.
The company intends to take steps to re-comply with the listing criteria in the company's guide regarding the schedule set by the exchange.
However, there is no guarantee that it will be able to do so, and if it is not possible, the exchange can initiate the delisting process.
About EnSync energy system sensync, Inc. (
New York Stock Exchange: ESNC)
, Dba EnSync energy system (EnSync Energy)
Is creating the future of electricity with innovative distributed energy (DER)
Energy Systems and the Internet (IOE)
Control platform.
EnSync Energy ensures the highest cost
From the effective and resilient power provided by the power infrastructure, priority is given to all available resources such as renewable energy, energy storage and public power grids.
As a project developer, EnSync Energy's unique approach to engagement includes load analysis, system design consulting, technical and financial modeling to ensure the scale and optimization of the Energy system, to meet customer value and performance goals.
Proprietary DC (DC)
The wealth of experience in power control hardware, energy management software, and a host of energy storage technologies provides EnSync energy with a unique location to provide a fully integrated system for efficient design, procurement, commissioning and continuity
EnSync Energy's IOE control platform makes it easy to adapt to changing environments
Changing power generation and load variables, as well as changes in utility prices and plans, ensures the means to make money or save money laterthe-
Electricity meters, while providing utilities with the opportunity to use der for a range of grid enhancement services.
In addition to direct system sales, EnSync Energy also includes a power purchase agreement (PPAs)
In its portfolio, it saves customers electricity and provides investors with stable financial benefits.
EnSync Energy is a global company, a joint venture with Meineng Energy in Anhui, China, working with Holu energy LLC, an Energy project development subsidiary in Hawaii.
For more information, please visit www. ensync. com.
Safe Harbor Statement This press release contains forwarding-
The revised article 27A of the Securities Act of 1933 and the revised outlook statement within the meaning of article 21E of the Securities Trading Act of 1934, this is covered by the "safe harbor" created by these sections. Forward-
Forward-looking statements based on certain assumptions and describing our future plans, strategies and expectations can often be identified by using forward-looking statements
Looks like the term "believe", "expect", "possible", "will", "should", "possible", "seek", "intention", "plan", etc. objectives, estimates, expectations, or other similar terms.
In addition to the historical factual statements contained in this press release about our strategy, prospects, financial position, operations, costs, plans and objectives, all statements are moving forward --
Look at the report.
Example of forwarding-
The outlook statements include our schedule for project completion, our ability to monetize PPA assets, statements on the adequacy of our capital resources, expected operating losses, and expected revenue, our expectations and expectations for our business strategy. Forward-
Forward-looking statements are neither historical facts nor guarantees of future performance.
Instead, they are only based on our current beliefs, expectations and assumptions about the future of our business, future plans and strategies, forecasts, expected events and trends, the economy and other future conditions.
Because forwarding
Forward-looking statements relate to the future, and they are affected by inherent uncertainties, risks, and environmental changes that are difficult to predict, many of which are beyond our control.
Our actual results and financial position may be significantly different from what is shown in the forward Report
Look at the report.
So you should not rely on any of these advances-
Look at the report.
Important factors that may lead to significant differences between our actual results and financial position and those noted in the forward Report
Forward-looking statements include, among other things, the following: our history and anticipated future operational losses and our ability to continue to operate as an ongoing business;
Our ability to raise the necessary capital to fund our operations, as well as the risk that financing transactions dilute shareholders;
Our ability to successfully commercialize new products includes our EnSync smart home energy systems, Matrix TM energy management, DER Flex TM, DER SuperModule TM, and Agile TM hybrid storage systems;
Our ability to reduce costs and increase profits;
Our products, customers and geographical location are concentrated and our income is diversified;
The length and variability of our sales cycle;
Our reliance on government mandates, as well as rebates, tax credits and other economic incentives related to alternative energy resources and regulatory treatment in third countries
Solar system;
And risk factors and other risks and uncertainties described in Management's Discussion and Analysis of Financial Position and operational results
The quarterly report we subsequently submitted (s)on Form 10-Q.
We have no obligation to update any forwarding publicly.
Both written and oral forward-looking statements, whether due to new information, future developments or other reasons, may be made from time to time.
EnSync Energy Media Contact: Lisa NashAntenna Group at EnSync Energy sync @ antennagroup. com646-883-
4296 Michelle Montague @ ensync. com(262)735-
5676 contact for Investor Relations: Lytham Partners, LLCRobert Blum, Joseph Diaz, orJoe Dorame (602)889-
9700 download multimedia: EnSync, Inc. View original content