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Axion Power Concentrator 167: Oct. 23, 2012: Mr. Investor Prods Viridity Energy, NS-999 Lives, 13th ELBC: Axion's "Operational Stability Of PbC Batteries And Battery Systems"

|Includes:Axion Power International, Inc. (AXPW)

On 10/18, our own Mr Investor posted the results of a communication with Viridity Energy that was good news confirming that the FERC Order 755 implementation by PJM had occurred and resulted in an update to Viridity's web site. It essentially confirms Tom Granville's statement that pay for performance would see substantial increases, which should make the Power Cube even more attractive to prospective customers. It's worth reading the thread following Mr. Investors comment as some reviews of prior Axion conference calls regarding the percentage increases refresh the information we had in hand.

Big news 10/16 was wtblanchards comment noting NS-999 had been moved into the shop and a lot of enthusiastic commentary followed. Pascquale got a short secondary thread started with a comment citing the Altoona Works facebook page ... and then we hear it's back out of the shop. It's noted that the number of "likes" on these comments suggest a lot of silent followers inhabit this blog.

John Petersen's participation as a presenter at the 13th European Lead Battery Conference, ELBC, has provided additional benefits: he has posted, a brief instablog that identifies slides with information and data he'd not seen before and considers important in Axion's presentation, "Axion PbC Lead-Carbon Hybrid Battery/Supercapacitor ,Operational Stability of PbC Batteries and Battery Systems", to which he has provided a link.

John did a bang-up job on his presentation, in our opinion, and has graciously permitted us to link to a SlideRocket Version of his presentation. It is highly recommended that you take the time, around 20 minutes, to view this if you've not seen it. It is not focused on Axion, but presents some opportunities and challenges facing the LA battery industry at-large.

Our very own (claiming him without asking!) Brishwain was able to attend some presentations and talk to some knowledgeable folks, including John Petersen and Enders Dickenson, Director of Research and Development at Axion Power. Brishwain's observations can be found in his comment section, but at this time these are particularly relevant.
- "... many auto OEMs ... looking at going the two-battery route ..."
- the Ford rep "... whole presentation essentially showing how pathetic the SS performance was ..." when discussing the current battery use.

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Concentrator 154 was headed up by APMarshall's Sep 2012 CEDIA Notes (discussing the Rosewater Residential Hub product), which are worth reviewing if you've not seen them before.
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John Petersen has provided price and volume charts updated through 10/19/2012. A new APC activity chart is also provided.

(click to enlarge)AXPW Weighted Moving Average Prices 20121019Click to enlarge

(click to enlarge)AXPW Moving Average Volume 20121019Click to enlarge

(click to enlarge)APC Concentrator Comments 20121019Click to enlarge

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Links to valuable Axion Power research and websites:

The Axion Power Concentrator Web Sites, created by APC commentator Bangwhiz. It is a complete easy-to-use online archive of all the information contained in the entire Axion Power Concentrator series from day one, including reports, articles, comments and posted links.

Axion Power Wikispaces Web Site, created by APC commentator WDD. It is an excellent ongoing notebook aggregation of Axion Power facts.

Axion Power Website. The first place any prospective investor should go and thoroughly explore with all SEC filings and investor presentations as well as past and present Press Releases.

Axion Power Intra-day Statistics. HTL tracks and charts AXPW's intra-day statistics.

Testing Summary Statistics On Stocks. FocalPoint Analytics has begun an instablog that will apply statistical disciplines to metrics of stock activity to produce summary indications of likely actions going forward. Well worth a visit.
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Enjoy!

Disclosure: I am long AXPW.

Stocks: AXPW