Ensync, Inc. (ESNC): Richard A Abdoo , director of Ensync, Inc. purchased 100,000 shares on May 13, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.30 per share for a total value of $29,990.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Frederick Whisman (VP – Sales) purchased 20,000 shares at $0.29 per share price.On Feb 24, 2016, James F. Schott (CFO) purchased 50,000 shares at $0.28 per share price.Also, On Dec 16, 2015, Paul F Koeppe (director) purchased 180,269 shares at $0.38 per share price.On Dec 14, 2015, Richard A Abdoo (director) purchased 100,000 shares at $0.40 per share price.
EnSync Inc. formerly ZBB Energy Corporation develops licenses and manufactures energy management systems solutions serving the utility commercial and industrial (C&I) building utility and off-grid markets. The Company develops and commercializes application solutions for advanced energy management systems critical to the transition from a coal-centric economy to one reliant on renewable energy sources. The Company’s energy management systems are being developed to provide active energy synchronization for any or all direct current (DC) and alternating current (AC) inputs and outputs; prioritization and optimization of all generating assets without system controllers and complex algorithms and management of every power and energy storage application and asset in simultaneous operation. The Company’s products include Matrix energy management system advanced energy storage products and GridStrong distribution grid control.