Braille Energy Systems Inc V.BES

Braille Energy Systems Inc. is a Canada-based battery-manufacturing and energy storage company supplying batteries to the professional motor sports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market. The Company manufactures its own lithium-ion battery line and distributes a full multi-level line of batteries and accessories pre-assembled by a network of suppliers. Its technologies include battery containment using composite technologies; thermal management, high amperage solutions, high vibration designs, novel battery chemistries, battery controls and dual use chemistries. The Company is developing its ELECTRAFY residential and industrial back-up power system. Its modular systems feature FireBulb thermal runaway detection and response technology. It is the battery provider for a number of professional auto racing series. Its brand names include Micro-lite, Green-lite, Intensity, Intensity Carbon and Fleet-lite.

TSXV:BES - Post by User

Braille Energy Systems Inc > 2,116,470 in LIABILITIES

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Comment by barsaxon Mar 01, 2021 11:10pm

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RE:2,116,470 in LIABILITIES

go to the final notes in the financial statements (subsequent events) ...you will see that following the end of the reporting period Braille Energy Systems converted a whole bunch of stock purchase warrants in exchange for > $2.8M. I'm sure BES will be getting some additional money from employees exercising their stock options too.

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