210  0 Kommentare EEStor Corporation Reports 2015 Second Quarter Results

In the three and six months ended March 31, 2015, net losses from continuing operations in the current period, were $700,812 and $1,393,243, respectively, or $0.01 and $0.02, respectively, per share. For the corresponding periods in the prior year, net losses from continuing operations for the Company were $742,831 and $1,127,053, respectively, or $0.02 and $0.03, respectively, per share.

The loss related to EEStor, Inc. included in the current quarter and year to date are $340,777 and $825,808, respectively compared to $318,117 for the prior period from the acquisition date of control January 27, 2014 to March 31, 2014.

At March 31, 2015, the Companies had working capital of $67,775 and cash, including cash, cash equivalents and short-term investments, totaling $253,026, compared to working capital of the Company of $701,084 and cash of $998,181, respectively, at September 30, 2014.

About EEStor Corporation

The Company's mission is to be the provider of leading edge electrical energy storage and related capacitor technologies. The Company operates on the principle and belief that a fundamental breakthrough in energy storage will be the catalyst for positive environmental and economic change globally. The Company's current business strategy is focused on licensing and partnership opportunities across a broad spectrum of industries and applications building on its recent technology achievements related to capacitors.

The Company holds an approximate 71.3% as-converted equity and voting interest and certain technology rights to a solid-state capacitor and related energy storage technologies currently under development by EEStor, Inc. ("EEStor"). The acquisition of the controlling interest in EEStor aligns the businesses of both companies and now allows EEStor Corporation to benefit from other revenue streams that should be available to EEStor, including applications throughout the capacitor industry and not limited to high density energy storage applications.