FLUX POWER HOLDINGS, INC (OTCMKTS:FLUX) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial
Condition
On May 15, 2017, the Company issued a press release reporting its
financial results for the quarter ended March 31, 2017, and
provided certain forward-looking performance estimates. A copy of
the press release is attached hereto as Exhibit 99.1 and
incorporated herein by reference. The projections constituting
the performance estimates included in the release involve risks
and uncertainties, the outcome of which cannot be foreseen at
this time and, therefore, actual results may vary materially from
these forecasts. In this regard, see the information included in
the release under the caption Forward-Looking Statements.
The information contained in this Item 2.02 and Exhibit 99.1
attached hereto shall not be deemed filed for purposes of Section
18 of the Securities Exchange Act of 1934, as amended, is not
subject to the liabilities of that section and is not deemed
incorporated by reference in any filing under the Securities Act
of 1933, as amended, except as shall be expressly set forth by
specific reference in such a filing.
Item 9.01Financial Statements and
Exhibits.
(d) Exhibits.
|
Exhibit No. |
Exhibit Description |
|
99.1 |
Press Release dated May 15, 2017 |
About FLUX POWER HOLDINGS, INC (OTCMKTS:FLUX)
Flux Power Holdings, Inc., designs, develops and sells rechargeable advanced lithium-ion batteries for industrial uses, including UL 2771 Listed lithium-ion LiFT Pack forklift batteries. The Company offers a high power battery cell management system (BMS). Its BMS provides three functions to its battery systems: cell balancing, performed by adjusting the capacity of each cell in a storage system according to temperature, voltage, and internal impedance metrics; monitoring, performed by way of a physical connection to individual cells for monitoring voltage and performing calculations from basic metrics to determine remaining capacity and internal impedance, and error reporting, performed by analyzing data from monitoring each individual cell and making decisions on whether the individual cell or the system is operating out of normal specifications. Using its battery management technology, it offers integrated energy storage solutions or custom modular standalone systems to its clients. FLUX POWER HOLDINGS, INC (OTCMKTS:FLUX) Recent Trading Information
FLUX POWER HOLDINGS, INC (OTCMKTS:FLUX) closed its last trading session down -0.0030 at 0.0420 with 107,038 shares trading hands.
