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  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    DR> Must have been a year ago or something. Things I'd say are different now in that Axion could be acquired far cheaper (or the IP) and the risk of PbC production being shuttered is real. Further, any institutional interest in funding ePower now may simply require bringing Axion's IP under their umbrella. It would make sense. If they just licensed it to EP or somebody they would not have to really "run a battery company" at all.
    Feb 28, 2015. 10:45 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    "JP himself has denied any interest in ePower acquiring Axion."

    When? I would have remembered that.

    I do think chances are that this elevated buying volume holding the price from crashing is mostly short term traders who know little about Axion. Lots of traders just get up in the morning and run screens for action, for their gambling pleasure: biggest gainers, biggest losers, exceptional trading volume.

    But given the miniscule market cap some kind of buyout offer in the works could also be driving the bidding. Even a $1/share tender to try to get a majority stake would be a quadruple for somebody buying now. Those are rare and darn worthwhile.
    Feb 28, 2015. 06:55 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    gt> If the headline is "Cummins Buys ePower" I don't think enough market participants would connect the dots to buy shares of Axion in enough quantity. Plus ePower's battery orders will ramp slowly enough to not help Axion's bottom line for a long time.

    But if the headline is that somebody takes Axion private, perhaps in conjunction with ePower, it could be a good enough deal for shareholders to get the AXPW market excited. From 27 cents and a reported cap of $2 million a major headline could really pop this thing in a hurry.
    Feb 28, 2015. 11:52 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    As long as we're speculating, I would speculate further that if somebody had heard whispers of great news with ePower, since it is not publicly traded they could not trade it based on whispers. However they could trade Axion and for just two bits a share they might go at it heavily. It also may not violate insider trading laws for people not in positions of 'knowing' but more in 'overhearing' to buy stock not directly in the company but in a supplier. Again, just speculating.

    Speaking of penny stocks, has anybody heard of Alkaline88 Water or ever tried it? They only sell 1 gal and 3 liter jugs at supermarkets, etc. I'm taking a look at the company which is tiny but growing rapidly, ticker WTER.
    Feb 28, 2015. 07:51 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    EM> I'm wondering too. Your post is like a deja vu as just a moment before I read it I had replied to an indy PM with parallel thinking that maybe something is afoot and possibly the strong buying volume of AXPW even in the face of B share multiplication means that somebody knows something.
    Feb 28, 2015. 07:21 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    My bad, indy, it was 50% not 12% in 4 days. Fat fingers on the calculator first time.
    Plus today.
    Feb 27, 2015. 03:48 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    Stefan> Critical question for ePower as it was right on the verge in December. Then silence. There's a story there and I'm dying to know what it is. ePower investors deserve to know now!
    Feb 27, 2015. 03:44 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    The large volumes since B day (Monday), even after halving for any double count are an impressive 12% of the company traded in 4 days. (based on historical shares out, not pending)

    http://yhoo.it/1C58Bqr
    Feb 27, 2015. 02:10 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    "the cost-benefit for the ePower tractor just isn't there"

    Of course it is there. It's there right now and will be more so in good time when the process gets worked out and scaled up. Just like anything new it gets more efficient in time.

    If you are saying they in fact are not taking a tractor that gets around 6 mpg and getting closer to 9, you'd be wrong. It works, of that I am sure.
    Feb 27, 2015. 10:40 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    Why would a smart guy like Nicu leave this forum of very knowledgeable people to go talk the stock on a forum of greenhorns?
    Feb 26, 2015. 10:20 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    HTL> I had thought double count was an OTC phenomenon -- NASDAQ too?
    Feb 26, 2015. 05:59 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    HTL> I thought the $735k of principal was repaid in cash and some interest was paid in shares IIRC?
    Feb 26, 2015. 05:57 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    ngs> -- or perhaps I should address you as G-d with your omniscience and certitude?

    Delay after delay sounds to me like every garage startup that's ever tried to build a better mousetrap. Not fair when they have a staff of 3 working on the trucks to claim that delays prove incompetence or worse. The reason I believe in ePower's tractor still after all of Axion's failures is that I understand where the drivetrain gets a huge efficiency increase from, due to having studied it closely.

    Similarly, are you claiming that the PbC does not perform as advertised? Based on what evidence? Most here would agree even now that the PbC's performance has NOT been Axion's problem.

    Axion's biggest mistake IMO ironically was not pursuing sales in the wrong places or failing technologically or picking bad partners. Their biggest mistake was going public way too early. This meant that big investors wanting out would dominate the sell side volume for months or years, even just one seller. This set up a chart that looked so bad it scared many investors away and caused raises to go off at valuations that did not reflect the battery getting better and better. They assume with stock charts that where there is smoke there is fire. Even DOE may have disfavored Axion due its pitiful stock price performance & market cap. People are simple that way.

    You need the go-go mo-mo crowd to get market's excited about a new technology. Those types buy a rising chart, not a falling one. Charts that fall and fall for years and years create desperation, not enthusiasm. Just look at us, and we're the product's biggest fans.
    Feb 26, 2015. 05:47 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    Rick> First, if selling the company is put to a special vote of shareholders themselves, your point becomes moot. Second, BoD's have a duty to act in the best interests of shareholders, but if they feel selling to one entity for X is better for shareholders than selling to another entity for 2X, they are completely free to do so.

    It would easily be justified as ePower is clearly incentivized to keep up PbC production (and hope) alive while other entities might easily just mothball the PbC and simply own the IP but do nothing with it for shareholders' benefit.
    Feb 26, 2015. 03:21 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    Axion would certainly favor an ePower offer over any of the big jerks that have ignored or mistreated them (EP, Exide, JCI, other??). With the JP connection and the fact that ePower is an actual customer who wants to see the PbC live on, I think they'd even favor an ePower acquisition over somewhat more money from somebody else.

    For our sakes, I'd hope this mess will come down to a vote on getting equity in ePower in exchange for our shares of Axion. If it were shares of say JCI, legacy owners could forget about ever being made whole. I'd also expect we'd be partners with private equity and that the ePower shares would not trade publicly for some time, until revenues have ramped. Fine by me, but what would we have to talk about on the EPC (ePower Concentrator)?
    Feb 26, 2015. 02:55 PM | 3 Likes Like |Link to Comment
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