McKenzie Bay acquires strategic ownership in Vanadium energy technology company

Pinnacle distributes brochures and maintains a website which contains pertinent information about all holdings of the intellectual property and patent rights to the Vanadium Redox Battery “VRB” and Vanadium Energy Storage System “VESS”. Pinnacle acquired these rights from “Unisearch”, the technology Commercialization Company of the University of New South Wales of Australia. Dr. Maria Skyllas-Kazacos of the University of New South Wales researched and discovered the VRB process.

Company aggressively reducing costs to position for future growth, incurs first-quarter charge of $595 million

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