06:55:33 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Cellcube Energy Storage Systems Inc
Symbol CUBE
Shares Issued 173,169,740
Close 2019-02-20 C$ 0.09
Market Cap C$ 15,585,277
Recent Sedar Documents

Cellcube doesn't say why share price is fluctuating

2019-02-21 09:01 ET - News Release

Mr. Mike Neylan reports

CELLCUBE REPORTS NO MATERIAL CHANGE

Cellcube Energy Storage Systems Inc. is not aware of any corporate developments, news or undisclosed material change to the company or its operations that would account for the recent volatility in the company's share price.

  • The company recently raised $4-million in three tranches of a private placement in December of 2018 (press releases dated Dec. 17, 2018, and Dec. 31, 2018).
  • EnerCube's total value of the six completed contracts is $3.9-million in the third and fourth quarters of 2018 (see press release dated Sept. 25, 2018).
  • Powerhaz did its first large contract valued at $565,000 to a large multinational customer in the fourth quarter (see press release dated Oct. 10, 2018).
  • Recently announced another $500,000 of purchase orders (see press release dated Feb. 14, 2019).

The company has announced numerous contracts with respect to its battery storage systems with large multinational customers and fully expects the momentum to continue into 2020 (see press releases dated Jan. 22, 2019, Jan. 7, 2019, Sept. 27, 2018, and July 9, 2018).

Cellcube is very pleased with its progress and execution of its business plan to date. Energy storage is quickly becoming a dominant theme globally and as such, the company fully expects to be leading the way globally over the coming years.

About Cellcube Energy Storage Systems Inc.

Cellcube is a Canadian public company listed on the Canadian Securities Exchange, the OTCBB and the Frankfurt Exchange, focused on the fast-growing energy storage industry which is driven by the large increase in demand for renewable energy.

We seek Safe Harbor.

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