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Cellcube Announces Further Delay in Filing of Audited Financials

Cellcube Announces Further Delay in Filing of Audited Financials.

articleSaltbae Capital CorpNovember 9, 20185/company/cellcube-energy-storage-systems-inc/news/cellcube-announces-further-delay-in-filing-of-audited-financials
Cellcube Announces Further Delay in Filing of Audited Financials

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[{"type":"text","content":"\n\n\n\nCellcube Announces Further Delay in Filing of Audited Financials\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCellcube Announces Further Delay in Filing of Audited Financials\nCanada NewsWire\nTORONTO, Nov. 9, 2018\n\n\n\nTORONTO, Nov. 9, 2018 /CNW/ - CellCube Energy Storage Systems Inc. (\"CellCube\" or the \"Company\") (CSE: CUBE) (OTCQB: CECBF) (Frankfurt: 01X) announces a further delay in the filing its audited annual financial statements, management's discussion and analysis and related officer certifications for the nine months ended June 30, 2018 (the \"Annual Financial Filings\"). \n\"It is now our expectation to file early next week,\" states Mike Neylan, CEO of CellCube. \"While we continue to work diligently with our auditors to complete the process, we would like our shareholders to know that the delay continues to be purely a function of the complexity of the financial reporting relating to the consolidation of our recent acquisitions rather than any significant issues with the auditor or the audit process. We are very close to completion.\"\nThe Company confirms as of the date of this news release that there is no other material information concerning the affairs of the Company that has not been generally disclosed.\nAbout CellCube Energy Storage Systems Inc. \nCellCube is a Canadian public company listed on the Canadian Securities Exchange (symbol CUBE), the OTCBB (symbol CECBF), and the Frankfurt Exchange (Symbol 01X) focused on the fast-growing energy storage industry which is driven by the large increase in demand for renewable energy.\nCellCube supplies vertically integrated energy storage systems to the power industry and recently acquired the assets of Gildemeister Energy Storage GmbH, now Enerox GmbH the developer and manufacturer of CellCube energy storage systems. CellCube recently acquired EnerCube Switchgear Systems (formerly Jet Power and Controls Ltd.) and Power Haz Energy Mobile Solutions Inc. (formerly HillCroft Consulting Ltd.) and has also invested in an online renewable energy financing platform, Braggawatt Energy Inc.\nCellCub...

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