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Saltbae Capital Corp CECBF

Saltbae Capital Corp., formerly CellCube Energy Storage Systems Inc., is a Canada-based company. The Company's acquisition of the assets of Gildemeister Energy Storage GmbH has transformed the Company and its subsidiary, Enerox GmbH, into an integrated resource and energy storage company. The Company is focused to deliver vertically integrated energy storage solutions to utilities and independent power producers for both, stand-alone energy storage projects, as well as projects where energy storage enhances the value proposition from renewable energy generation.


GREY:CECBF - Post by User

Bullboard Posts
Post by LongTbuffeton Sep 11, 2019 6:31am
148 Views
Post# 30115671

Raises more questions

Raises more questions The V23 deal lapse, the cancellation of the AGM and the recent PP closing at $250,000 vs the expected $10,000,000 raises some concern for me. Seems like the foundation is slowly crumbling...Much of what the CEO shared is somewhat an over optimistic PR with no follow through.

Based on current NR I would say we have 2 scenarios at Play.

1. We are heading for Chapter 11. 

2. They is an acquisition in the works.

I surely hope that option 2 is what’s brewing. Overall I find it weird that no new contract have been announced since June...
Bullboard Posts