ZBB Energy declines to comment on unusual market activity

Special to The Freeman

March 11, 2014

MENOMONEE FALLS – ZBB Energy Corporation issued a statement Tuesday saying it would not comment on “unusual market activity.”

“In view of the unusual market activity in the company's stock, NYSE MKT has contacted the company in accordance with its normal practice and requested the company respond by press release. The company stated that its policy is not to comment on unusual market activity,” according to the statement.

Menomonee Falls-based ZBB Energy Corporation designs, develops, and manufactures advanced energy storage, power electronic systems and engineered custom and semi-custom products targeted at the growing global need for distributed renewable energy, energy efficiency, power quality, and grid modernization.

According to a March 5 report by Reuters, shares of U.S.-listed fuel-cell-related companies surged in premarket trading, which was in addition to recent gains making for a strong volume in the sector. |

ZBB Energy Corp increased 20.9 percent to $1.97 on March 5, according to Reuters. On Tuesday, ZBB Energy Corp stock closed at $3.24.