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  • Axion Power Concentrator 224: April 2: Axion Power Completes New Continuous Roll Carbon Sheeting Process 277 comments
    Apr 2, 2013 8:28 AM | about stocks: AXPW

    Latest News, Articles and Presentations...

    Axion Power's CEO Discusses Q4 2012 Results - Earnings Call Transcript

    Thomas Granville CEO: "We left the designation 'development stage company' in the dust in 2012 and there's no slowdown in sight."

    ------------------------------------------------------------------------------

    Axion Power Reports Results for 2012 --

    Chairman & CEO Thomas Granville commented, "Axion continued to make important strides in the fourth quarter, making 2012 a landmark year overall. Obviously our best year ever will be the first year when PbC revenue starts to show significant growth but it was a good step in that direction that we were able to recognize the first big PbC sale in the 4th quarter, to Norfolk Southern. This coincides with our first 10K filing without "development stage company" status. With our increase in sales, and more specifically sales of our core business product, we are now recognized as a commercial entity for filing purposes.

    ------------------------------------------------------------------------------

    Axion Power Completes New Continuous Roll Carbon Sheeting Process

    "This is a giant leap forward for us and allows us to make a better product at a reduced cost," said Axion Power's Chairman and Chief Executive Officer Thomas Granville. "It's the final step in automating our complete activated carbon negative electrode manufacturing process and it brings us tighter quality control, better production yields, meaningful production quantities and significant labor cost reductions..."

    -------------------------------------------------------------------------------Axion Power and EPower Engine Systems Inaugurate Strategic Alliance Using PbC Batteries in Hybrid Drivetrains for Class 8 Trucks

    -------------------------------------------------------------------------------

    Dr. Ed Buiel, Axion's CTO until the end of 2010 -- A link to an archive of his comments on yadoodle about the PbC battery and much more. Invaluable commentary! Thanks to 481086 for putting the list together.

    Axion Power PbC Batteries Continue To Demonstrate Effectiveness For Railroad Applications -- Axion completed shipping its high-performance PbC batteries to Norfolk Southern Corp. (NYSE:NS), one of North America's leading transportation providers, for use in Norfolk Southern's first all electric locomotive - the NS-999.

    Axion Power Residential Energy Storage HUB Certified to UL, CSA Standards -- Axion receives UL certification and CSA Standards for their Residential Energy Storage HUB.

    "ePower's Series Hybrid Electric Drive - Unmatched Fuel Economy for Heavy Trucks" -- by John Petersen. Discusses the potential fuel savings for ePower's Hybrid electric drive for class 8 trucks using Axion's PbC batteries.

    "Axion Power - A Battery Manufacturer Charging Forward" -- by John Petersen. This is an excellent summation on Axion Power's history. It is a good starting point for introducing Axion Power to friends and family.

    13th European Lead Battery Conference, ELBC -- Sliderocket of John Petersen's presentation at the ELBC.

    Dr. Ender's Dickinson's Presentation on Axion's PbC -- Link to his slideshow at the 13th ELBC.

    Axion Power's 3rd Quarter Report and Press Release -- Seeking Alpha also published the transcript of the conference call here.

    RoseWater Joins Queen's University on Energy Storage Study -- Testing will determine the effects of residential energy storage systems on local power grids.

    ---------------------------------------------------------------------------
    Axion Power Weighted Moving Average Prices and Volume:

    (updated through 04/01/13)

    (click to enlarge)

    (click to enlarge)

    ---------------------------------------------------------------------------

    Axion Power Monthly Volume versus FINRA Short Percentage:

    (by John Petersen)

    In late January I wrote an Instablog about the precipitous decline in reported FINRA short sales as a percentage of total trading volume. Over the last two weeks that trend has accelerated and the percentages for the month of February and the last four weeks are solidly in single digits. I view this graph as another confirmation of seller exhaustion. The big uglies are history and it looks like everybody who really wanted to sell already has.

    John Petersen's instablog here.

    (click to enlarge)

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    Axion Power Concentrator Comments:

    (click to enlarge)

    ---------------------------------------------------------------------------
    Links to important 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 Tracking: HTL tracks and charts AXPW's intra-day statistics.
    --------------------------------------------------------------------
    Be sure and either follow the Axion Power Host ID on Seeking Alpha or click the check-box labeled "track new comments on this article" just ahead of the comments section!
    --------------------------------------------------------------------
    WARNING: This is a troll free zone. We reserve the right to eliminate posts, or posters that are disruptive.

    Enjoy!

    Disclosure: I am long OTCQB:AXPW.

Back To Axion Power Host's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (277)
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  • 481086
    , contributor
    Comments (3343) | Send Message
     
    Abondanza!
    2 Apr 2013, 08:30 AM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    deuxième
    2 Apr 2013, 08:32 AM Reply Like
  • carlosgaviria
    , contributor
    Comments (790) | Send Message
     
    Aqui estoy-Carlos
    2 Apr 2013, 08:49 AM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    Miss Congeniality
    2 Apr 2013, 09:12 AM Reply Like
  • JRP3
    , contributor
    Comments (7728) | Send Message
     
    Disqualified because of that porn tape I made back in the day.
    2 Apr 2013, 09:30 AM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    Now that was funny!! WTG JRP3.
    2 Apr 2013, 09:32 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    EnerSys investor day ongoing at the moment, scheduled through about noon Eastern. 67 slides linked here:

     

    http://bit.ly/XFSknv
    2 Apr 2013, 10:17 AM Reply Like
  • Amouna
    , contributor
    Comments (1496) | Send Message
     
    This dearth of news/PR coming out of Axion is killing the pps. If there is one thing they should learn from TSLA, it is the propaganda. We really need it now!
    2 Apr 2013, 10:50 AM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    Unfortunately the only news that would be likely to have an impact at this point in time is the closing of a financing transaction. When that news arrives, I expect a collective sigh of relief regardless of the terms.

     

    Those of us who've been involved with Axion for years have been here before and know that small companies are like babies in sub-Saharan Africa, they rarely die of starvation but frequently perish from dysentery. As long as management keeps a tight reign on spending, survival is rarely an issue.
    2 Apr 2013, 10:54 AM Reply Like
  • Amouna
    , contributor
    Comments (1496) | Send Message
     
    I realize that John, thanks. It is just a soul-testing experiment to hold on to a company - and business model- I believe in (the PbC technology), while the broader market is going only one way: UP. But again, I find solace in knowing that management is working on the side of the shareholders, and this is great comfort for me.

     

    B.t.W, TSLA is expected to report some "fabulous" news at close of business today. I wonder what it is and what impact it would have on the pps...
    2 Apr 2013, 11:09 AM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    I may not have many nice things to say about Tesla, but Mr. Musk is one of the most talented promoters I've ever seen. With Tesla's current BS to book ratio standing at 39.1, I have to wonder whether the space cadet in chief isn't shooting for a "to infinity and beyond" market capitalization before the house of cards comes crashing down.
    2 Apr 2013, 11:20 AM Reply Like
  • Amouna
    , contributor
    Comments (1496) | Send Message
     
    He is for sure a marketing genius, but scratching below the surface I think he is one of those megalomaniacal characters who "knows how to do everything better than the rest of the world". I don't feel comfortable investing in a business where the CEO is all over the place even before they started turning a corner. Some fans point to the similarities with S. Jobs.

     

    Just my opinion...
    2 Apr 2013, 12:00 PM Reply Like
  • LT
    , contributor
    Comments (4726) | Send Message
     
    S. Jobs is responsible for Apple coming back to the most valued corp. in the world, and over $100 Billion cash in the bank. AXPW could use a dose of Jobs and Musk.

     

    I just don't buy this conservative stuff and pinching pennies with no sales. IMO, mgt. has one last shot with this capital raise to get it right. Then if no partner or sales they need a change.
    2 Apr 2013, 12:46 PM Reply Like
  • Amouna
    , contributor
    Comments (1496) | Send Message
     
    I partly agree with you LT. They need to beef up their sales team and get "sales" people to assist the technicians/engineers (I have learned by experience that technicians and engineers are sadly not the best sales people) in praising the wonders of the PbC and selling it to the street. The positive thing is that PbC already has multiple industries warming to it, so in practice it shouldn't be difficult to do.

     

    The next capital raise will give us an idea about how aggressive they intend to be in marketing the technology. TG also knows that the shareholder base is growing louder and wants results in the not too distant future. We shall see...
    2 Apr 2013, 01:11 PM Reply Like
  • Johhny rambo
    , contributor
    Comments (117) | Send Message
     
    LT
    I concur entirely, what I have been thinking since day one. This really is the last kick of the Cat !

     

    I get cussed out for mentioning it, but when a team fails perennially, then the coach gets fired and replaced - end of story, it's just business. Also sometimes a coach is good during the regular season, but just can not get the job done in the playoffs!
    We are in our version of the playoffs people - decision time.
    2 Apr 2013, 05:13 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    JohnnyR,
    I don't get the analogy. Axion is headed down a path. Develop a new product. Figure out how to produce the product efficiently. Find a market for the new product. Get a customer to buy the product.

     

    Where exactly has Axion failed. They developed a patented asymmetrical/ capacitor hybrid battery. They now can produce it efficiently. They have several markets for the product ( trains, trucks, and stationary PowerCube) and two ( trains and trucks) are ordering them for on the road testing.

     

    I don;t see where the playoffs are. Are we up against a different battery for trains that is just as good as us? Is it the 4th quarter?

     

    You have confused the money ( shareholders squeal at dilution) issue with the product issue. Since the PbC is headed down the path to full product status I would doubt its time to change the coach. But, that is up to the Board of Directors. I somehow doubt that they believe the game is close to being over.
    2 Apr 2013, 07:26 PM Reply Like
  • bazooooka
    , contributor
    Comments (2495) | Send Message
     
    JR,
    TG and Axion don't control stock price. You as an investor (and others) do. If you were to drop in 100k at market tomorrow it'd go up - I assure you. As far as winning the game, I doubt it's even halftime yet and certainly not a playoff do or die game. Axion has multiple irons in the fire.
    2 Apr 2013, 07:37 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    It's about time for some pretty girl to sing the Star Spangled Banner, have a wardrobe malfunction and kick off the opening game of the season.
    2 Apr 2013, 07:47 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >JP ... With my poor eye sight, I hope I don't find out I bought season tickets for the Cubs.
    2 Apr 2013, 07:59 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    <French accent on> I've only been in this country very short distance, but assume that "cubs fan" is colloquial for masochist? <Accent off>
    2 Apr 2013, 08:13 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >JP ... Sorta ! They are from year to year a mediocre to a really great (potential) baseball team that hasn't won the big prize for more than 100 years. I really love their stadium, which makes being a spectator almost feel part of the game. Next best baseball stadium experience is Baltimore.
    2 Apr 2013, 08:20 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    That was certainly the situation when I was in law school and a classmate's brother was the Cubs ticket manager, but a lot of years have passed since then. Besides, you never know, the Cubs might have become winners while I was overseas. Just remember the perennial chant of all true Cubs fans

     

    - Hey, it could happen!
    2 Apr 2013, 08:33 PM Reply Like
  • LT
    , contributor
    Comments (4726) | Send Message
     
    2013, with "13" being the lucky number ? Cubs win the world series and AXPW makes a sale !
    What a year would that be to make history.
    2 Apr 2013, 08:38 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    LT,
    Now you have done it. You have put Axion in with the Cubs curse. Right when the BMW CEO wants to sign the order, a cub fan will stick his hand out and steal the pen.
    A curse on your head LT. A curse on your head.
    2 Apr 2013, 09:03 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9639) | Send Message
     
    Here, here, Futurist. Besides, anybody who knows anything about baseball parks, has Pittsburgh's PNC Park as one of the two best venues in which to view a game; the other, San Francisco's, PacBell.

     

    Baltimore? Hey, it's fun to look at that gigantic brick wall. Wrigley? They've got seats for sale that aren't even in the ballpark. Ahh...all those loveable beer guzzling, fat bellied bleacher boyz with shirts off in the summer...

     

    ####

     

    I must be confused, as I thought I read somewhere that an investment bank is part of this round of capital raising. Where did I hear that? Did I hear/read that somewhere?
    2 Apr 2013, 09:20 PM Reply Like
  • D-inv
    , contributor
    Comments (4003) | Send Message
     
    "... thought I read somewhere that an investment bank is part of this round of capital raising."

     

    Investment banker, yes. Doesn't mean that "banker" will provide capital though.
    2 Apr 2013, 09:28 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9639) | Send Message
     
    D-inv: I sure would like to know which role the investment banker is playing. As an advisor to Axion? Or, to perspective investors? Or, as you wrote, to invest themselves? Another role I haven't considered?

     

    Real cloudy on this subject.
    2 Apr 2013, 09:31 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9639) | Send Message
     
    Correction: PacBell is now AT&T Park. Just can't keep up with all these changing names.
    2 Apr 2013, 09:32 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    I rate Pittsburgh's PNC Park as my No. 4 and I've never been to the West coast parks.
    2 Apr 2013, 09:33 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    And we don't know if is or is not a Cypriot (or similarly inclined) investment bank.
    2 Apr 2013, 09:34 PM Reply Like
  • D-inv
    , contributor
    Comments (4003) | Send Message
     
    Maya, fwiw, my interpretation of the reference made to investment banker is that Axion "is working" with one. I take that to mean Axion has engaged an investment banker as an advisor/marketer in search for a strategic investor.
    2 Apr 2013, 09:50 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2506) | Send Message
     
    No, no, no!!! The Cub's chant is, "Wait til next year" and usually starts during the first game of the season.

     

    Attendance and enthusiasm really picked up when Wrigleyville gentrified. Walk around the hood before and after games and take in a couple dozen beers. The game is just part of the overall event.
    3 Apr 2013, 12:47 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    JP: "have a wardrobe malfunction"

     

    Surely you aren't proposing that this might be more entertaining than watching the paint dry ... and crack and ... peel?! ;-))

     

    HardToLove
    3 Apr 2013, 04:48 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (902) | Send Message
     
    I thought it was pretty clear that the "investment banker" was just supposed to help with finding the next round of financing.
    3 Apr 2013, 09:09 AM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >nogoodslacker ... Investment banks play many roles. You are correct about one of them. What role Axion's IB is hired for is so very unclear but the time is coming soon that we will find out. I just hope it is good for company finance & shareholders.
    3 Apr 2013, 09:23 AM Reply Like
  • D-inv
    , contributor
    Comments (4003) | Send Message
     
    At this juncture I'm wondering which we see first, a financing announcement or Q1 financial performance results.
    3 Apr 2013, 09:33 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1829) | Send Message
     
    DRich, have you been to Fenway?

     

    I've been to Wrigley a few times and found the feel similar although I think the odd-shaped playing area at Fenway makes it one-of-a-kind in a good way.

     

    D
    3 Apr 2013, 10:07 AM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >D.McHattie ... I've been there, I believe I'm counting correctly, 20 times. It is my No.3 favorite. It is a regular stop when I'm in Boston for a visit in the summer visiting family. I used to like the old Yankee stadium with the one complaint that my dad seemingly always got me a seat with a column in the way and I haven't been to the new one.

     

    Axion is, in my mind, supposed to pay for a new car and a year long tour (and I only need a stinking dollar pps). Re-ranking my favorite baseball stadium experience is part of that tour. Now all I have to do is wait for Axion stock to figure out that down is not the only direction prices can go.
    3 Apr 2013, 10:24 AM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Car 54 where are you? Come in TG. Over.

     

    Aquion Energy’s Disruptive Battery Tech Picks Up $35M in VC

     

    http://bit.ly/10mlGGa
    2 Apr 2013, 12:11 PM Reply Like
  • Amouna
    , contributor
    Comments (1496) | Send Message
     
    Would be great if TG can secure funding like this, but he won't be raising nearly as much. More around 10mil or so is what I expect!
    2 Apr 2013, 12:27 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    Amouna,
    I disagree. VC funding gives such a big stake in a company to the investor that a shareholder hasn't a chance. I'll take a simple stock purchase by a partner or investor.
    2 Apr 2013, 07:38 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Bill Gates Invests in Battery Maker Aquion Energy
    By Andrew Herndon - Apr 2, 2013

     

    http://bloom.bg/12gLCTP

     

    Moscow based?! Not sure I want them looking over my shoulder! Some don't take missed promises too well :-)

     

    "Bright Capital, a Moscow-based venture investor, led the Series D round, which also included Gentry Venture Partners as a new investor. Existing backers Kleiner Perkins Caufield & Byers, Foundation Capital and Advanced Technology Ventures participated again, Aquion said."
    3 Apr 2013, 10:52 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    I called Brookville Equipment Friday afternoon about their new streetcars as descirbed here:

     

    http://bit.ly/10QFX6e

     

    The screener asked me a few expected questions about who I was, and it was Easter "weelend," but I did get a call back this morning. Wasn't sure I would given I couldn't say I worked for some big Transit District or News organization.

     

    Given the traveling over a mile of the 1.6 mile route "disconnected," I see this as an exciting PbC opportunity, especially given that Brookville was involved in supplying regenerative brakes to NS-999.

     

    Anyway, didn't get much news. The delivery won't be till late 2014. Did learn there's no currently scheduled trade show presentation or other release of public information specific to these streetcars, though the page above lists they will have booths at least 6 events upcoming in 2013. Who knows, maybe there will yet be a presentation but it's just not firmed up yet.

     

    They have 4 divisions:

     

    1. Locomotives, (including Co-Generation ones: http://bit.ly/12cJFb2 )

     

    2. Mining, ("the number one supplier for the underground mining market in the United States and a leading supplier of underground haulage equipment worldwide")

     

    3. Streetcars, and 4. Services,

     

    so they attend different types of events where streetcars may not be a big topic of conversation.

     

    I asked if they would reveal any battery type that had been eliminated from consideration, mentioned Axion and the NS-999, but the caller wouldn't give up anything. Not surprising, I'm sure Axion isn't the only company that insists on NDAs, and I suppose "our" NDA covers the case where we're not chosen for an application as well.
    2 Apr 2013, 01:10 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    You da man WTB. Thanks for all the info. today and the Brookville follow-up.

     

    Hopefully Axion's proximity to Brookville and NSC relationship gains them an opportunity for consideration in this project. Seems like a fit.
    2 Apr 2013, 02:02 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2506) | Send Message
     
    thx for your efforts, wtb. Great to have some people calling around and doing some sweat equity.

     

    OTOH, hard to believe that only a couple folks are willing to spend a mere $10 to get the closing price as high as possible, even though it's in their and every long's best interest during what may be the look-back stk price measurement period. Even if it turms out to be irrelevant, the cost is extremely low.
    2 Apr 2013, 06:44 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    East Penn got a mention in the Journal

     

    http://on.wsj.com/12cSS3e

     

    Type "Manufacturers See Slower Gains" into news.google.com if the link doesn't work.

     

    "Uncertainty is a factor but isn't damping business at East Penn Manufacturing Co. of Lyon Station, Pa. The company, which operates two plants in Pennsylvania and Iowa, makes batteries for a host of purposes, including cars, trucks, motorcycles, boats and trains. East Penn was founded in 1946 and today employs 7,000 people.

     

    East Penn's president, Daniel Langdon, said: "There's no doubt that we all are concerned about the fiscal uncertainty that's out there.…Uncertainty about regulations, health care—all of those things—are just not great tailwinds." The manufacturer enlarged its workforce in the past 12 months, he said, noting, "Our business is expanding slightly, and it's fairly healthy."
    "
    2 Apr 2013, 01:51 PM Reply Like
  • greentongue
    , contributor
    Comments (754) | Send Message
     
    I wonder if the fall of AXPW is mostly due to people moving their money to other boats in a rising market. Why leave it somewhere with no news and little change when all around you are rising?

     

    Also, it would be sad if Tesla leaves such a scar that it becomes hard to get venture capital for electrification technology.
    2 Apr 2013, 02:12 PM Reply Like
  • Ranma
    , contributor
    Comments (1485) | Send Message
     
    If it weren't for TG's tone during this CC, and the increased finished goods, I might have suspected the financing progress was BS, and sold as the going concern date gets closer. Nobody wants an early morning surprise, where a company announces it's paring down operations and considering strategic "alternatives."

     

    So it's quite possible a number of shareholders who didn't listen to the CC or read these Concentrators are throwing in the towel. Even my patience was wearing thin, so I hope TG did not put on his acting hat that day. I've been burned more than once before by a CEO who claimed they were close to a strategic financing. But, in this case I remain hopeful because of the CC and because Axion carries no debt. Bring it on, my last great all in.
    2 Apr 2013, 02:38 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (866) | Send Message
     
    "TG also knows that the shareholder base is growing louder and wants results in the not too distant future."

     

    Hi Amouna, I found this to be an interesting comment. I've wondered if TG has been aware of this, as I've been somewhat disappointed he hasn't addressed shareholders a little more directly in some of the cc's. It seems by the pps that shareholder concerns are almost extending out to a degree of "existential angst". — Ranma, thanks for your continuing thoughts on this topic.
    2 Apr 2013, 02:53 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    WIO: Not to denigrate those concerns, but we've seen this here before many times and I've seen it on many other stocks message boards that I've participated in.

     

    When things don't materialize as hoped, or as quickly, or ... the tenor on those boards changes quickly to various criticisms, recommending replacement of everybody from the BOD on down, ...

     

    It's the nature of the environment now, rightly or wrongly so, I think.

     

    HardToLove
    2 Apr 2013, 03:31 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (866) | Send Message
     
    Hi HTL, thanks for your thoughts and perspectives. Just to clarify, I have a high regard for TG and the rest of the board. Having grown up in conservative Wisconsin of fiscally conservative German heritage (only one S&L failure in the whole state back in the 80's), I admire the very careful fiscal approach Axion has adopted. And I stay invested because I have a firm belief they will successfully navigate this current situation. I've just occasionally wished shareholders and their concerns were addressed and acknowledged a little more directly at times.
    2 Apr 2013, 03:53 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    WIO: Full agreement. I don't express it often, but it takes a frequent and concious reminder to myself to stay emotionally detached, weigh, to my best ability, the risk and rewards, remember that I'm working with incomplete knowledge, ...

     

    But it ain't easy by any stretch.

     

    HardToLove
    2 Apr 2013, 06:06 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Tease time ... [Navigant Research,]

     

    More Than 400 Microgrid Projects are Under Development Worldwide
    April 2, 2013

     

    http://bit.ly/YZwpDZ

     

    "The report identifies 219 microgrid projects in North America, more than half of the world total."

     

    See also:

     

    Worldwide Microgrid Market Will Surpass $40 Billion in Annual Revenue by 2020
    April 1, 2013

     

    http://bit.ly/YZwx6j
    2 Apr 2013, 03:25 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9639) | Send Message
     
    wtb: More tease. According to CalBattery (who is messing around with graphene):

     

    -- ...including lithium battery based energy storage is expected to grow annually in the coming decade from $2 billion today to over a $200 billion market due to the confluence of multiple factors; 1) as the deployment of large amounts of variable renewable energy sources are feed into the grid the need for frequency regulation service will rise, 2) arbitrage by storage of cheaper energy at night to sell back the next day on demand, 3) the high cost and difficulty in siting and building peaker power plants to meet rising energy demands, and 4) to ensure that users will, in case of power disruption, continue to have access to electric power, thus creating new expanding markets for cost effective and scalable Distributed and Community Energy Storage (DES-CES) systems.

     

    ####

     

    If Axion can only latch on to a mere 1% of $200B!

     

    http://bit.ly/12dkJ35
    2 Apr 2013, 05:50 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >Mayascribe ... I think CalBattery is making a few too many trips down to the dispensary. That claim is Li-on will be the dominate share chemistry of all stationary storage and I don't think that will work out that way without some of the other Li-on daydreams coming true.

     

    ####

     

    (gloom & depression ensues) I would be happy to see Axion latch on to anything at all and even better if it is within my lifetime.
    2 Apr 2013, 06:03 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9639) | Send Message
     
    DRich: I'll agree with that, and very funny, too. But what I was alluding to, abeit without saying, is that this is another source or confirmation of TG stating that the energy storage biz is about to explode toward $200B/year.

     

    Of that gigantic pie of cash, I will gladly take a $2B sliver...within my lifetime.
    2 Apr 2013, 09:26 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >Mayascribe ... As an avid Utilities investor, I've been reading a lot about the major generators are considering. Frankly, it's all over the map and this is not the norm for the industry. That leads me to believe this explosion you expect might whimper its way into existence "Starting" around the end of the decade and will be mainstream by 2030. It will be big numbers but I wonder if it will do Axion any good anytime soon because, as far as I know, there are no plans for even beginning the 5 year (minimum) demonstration phase. Yeah, some small niche may show up and that might work out ... just don't know.

     

    FERC behind meter is an example of such a niche and I can't see that catching fire because it would be private enterprise adopting an unknown and power will need to be much more unreliable and/or expensive. Start rooting for Nat Gas to get back to $6.00 to $8.00 even before it goes to $10.00 to $12.00 in 2017 with LNG export.
    2 Apr 2013, 09:42 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9639) | Send Message
     
    D-Rich: When it comes to once stated "dozens of proposals," to now, "more proposals than I can count," (parapharasing) I surely do hope one of those potential RFPs hopefully someday closed on involves energy storage.

     

    Right now, I'll take a whimper, any whimper! that the PbC is cost competitive and viable for the grid.
    2 Apr 2013, 09:50 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >Mayascribe ... I'm firmly convinced that the PbC is, and will be, cost competitive. I also think that it will be a part of multiple chemistry mixed battery solutions. On its own, I have my doubts that is a "best solution" for long duration storage which is what the utilities are looking for. I don't think any single chemistry is going to be THE solution and I believe the utilities are already coming to this frame of mind via the "in process" demonstrations. I've said it many times my favorite storage battery system is a PbC & a ZBB because both batteries, unlike any others beside salt, can cycle well and take deep, as in total, discharge 1,000's (?) of times.

     

    I listened intently to the siren song of "dozens of proposals" and want to believe it is what I want it to mean. Truth, I have no idea what it means in the real world nor with whom or even what sector is interested. Smoke.
    2 Apr 2013, 10:06 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Donald Sadoway on the challenges facing the battery industry

     

    "With lithium ion batteries, it’s scalable, it’s great for a cellphone but you can’t put together a million of those and end up with something that’s a million times more expensive. It’ll be even more expensive, a million times, because when you put that many of them together in close proximity, you have a heat build-up which then requires added plumbing and so on to dissipate the heat. The big shortcoming is the batteries that we have are just too costly."

     

    "I think the research in the world is largely misdirected. What I mean by that is that the conventional approach for battery research is: ‘Let’s find the coolest chemistry. And then we publish the paper and somebody else should figure out how to make this device cheaper.’ And what we have been learning from the past four years with lithium ion is that the price does fall, but it doesn’t fall low enough for certain markets, like automobiles and grid-level storage. So that suggests that it’s not good enough to simply say, ‘Invent for the most brilliant idea.’ No. You have to invent for a brilliant idea that is designed from the beginning to be cost-effective. And that’s where there is a big mistake... You know, the battery industry is very conservative. It’s paradoxical— they say, ‘We want innovation, but we don’t want change.’ That’s an over-constrained problem."

     

    "There are two that are obvious—magnesium and aluminium. Because those elements are far more abundant in the Earth’s crust... Aluminium is second only to silicon and oxygen. So, if you can make a battery out of aluminium, it’s going to be abundant, it’s going to be cheap."

     

    http://bit.ly/17bBAqS
    2 Apr 2013, 04:46 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2097) | Send Message
     
    Abundance is one thing, processing to a usable concentration and form, economically and environmentally, are another.
    2 Apr 2013, 04:51 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    I'd add the absence of critical alternative industrial and consumer uses to Stilldazed's list.

     

    Aluminum may be plentiful, but it's also one of the most useful metals around and battery manufacturers will always be competing with thousands of alternative industrial and consumer uses for the same metal. That kind of competition for available supply makes reliance on "commodity metals" a dicy business proposition and major supply chain risk.

     

    Magnesium isn't quite as useful as aluminum, but it still has hundreds of alternative industrial and consumer uses.

     

    In fact, the only 'single use' commodity I can identify is lead.
    2 Apr 2013, 05:04 PM Reply Like
  • D-inv
    , contributor
    Comments (4003) | Send Message
     
    "In fact, the only 'single use' commodity I can identify is lead."

     

    :-) Weights for fishing lines? Bullets (some Dems would do away with this one)?
    2 Apr 2013, 05:17 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2213) | Send Message
     
    Aluminum is one the very few metals (along with iron) that is essentially inexhaustible. New production facilities need to be built if demand increases, but the recoverable metal in reserves is huge, about 100 years of production. Aluminum is very recyclable.

     

    (numbers are tonnes bauxite, the primary aluminum ore, from http://bit.ly/104LJBZ. It takes approximately 4 tonnes of ore to make 1 ton of aluminum metal)

     

    2012 production -- 263,000,000
    2012 reserves -- 28,000,000,000

     

    "Resources: Bauxite resources are estimated to be 55 to 75 billion tons, in Africa (32%), Oceania (23%), South America and the Caribbean (21%), Asia (18%), and elsewhere (6%). Domestic resources of bauxite are inadequate to meet long-term U.S. demand, but the United States and most other major aluminum-producing countries have essentially inexhaustible subeconomic resources of aluminum in materials other than bauxite."

     

    NB: Reserves imply economically recoverable. Resources are potentially recoverable, depending on technology and prices.
    2 Apr 2013, 05:42 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2097) | Send Message
     
    Hi Rick,
    I don't question the availability of raw or reusable resources, but I have visited the foundries at a couple different sites and the energy consumed (mostly hydroelectric in the Pacific NW) is immense.
    2 Apr 2013, 05:48 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    D-inv, Not sure if it's a state law or national but weights for fishing are no longer made of lead in NY.
    2 Apr 2013, 05:50 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2213) | Send Message
     
    Stilldazed - absolutely, aluminum is basically "solid electricity". If Al batteries work, basically the first "charge" is making the the aluminum.
    2 Apr 2013, 05:57 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    I like this handy dandy list of the embodied energy of materials.

     

    http://bit.ly/Z6XhAT

     

    Some useful numbers include:

     

    Steel 32 MJ Kg (new)
    Steel 10.1 MJ Kg (recycled)
    Lead 35.1 MJ Kg
    Zinc 51.0 MJ Kg
    Copper 70.6 MJ Kg
    Aluminum 191 MJ Kg (new)
    Aluminum 8.1 MJ kg (recycled)
    2 Apr 2013, 06:05 PM Reply Like
  • D-inv
    , contributor
    Comments (4003) | Send Message
     
    "... weights for fishing are no longer made of lead .... "

     

    :-) Looks like I'm a bit outdated, iind. Haven't been fishing or hunting in > 50 yr.
    2 Apr 2013, 09:24 PM Reply Like
  • mrholty
    , contributor
    Comments (906) | Send Message
     
    Coworker just bought a fishing business in a dying town (where he grew up) along the Mississippi. Total cost of business, store and apartment above the store was $42k.

     

    Over the last six months he has sold off the old inventory netting him over $20k in procceeds. There still is a demand for the lead lures just not fishing.
    3 Apr 2013, 02:40 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Mrholty, Pretty sure you can still use the old stuff but new manufactured stuff needs to be alternate materials. Also bird shot for hunting water fowl is steel shot.
    3 Apr 2013, 03:22 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    Tada

     

    "Tesla Unveils Revolutionary New Finance Product
    20 minutes ago - Marketwire via Comtex
    Tesla Motors (NASDAQ: TSLA) announced today that, in partnership with Wells Fargo and US Bank, it has created a revolutionary automotive financing product that provides the best elements of ownership and leasing to Model S customers.

     

    Most people throughout the world prefer to own their belongings, rather than rent what is essentially someone else's property via a lease. However, leases do provide some key benefits, particularly a low initial payment, tax deductions, lower risk on resale value and the convenience of returning a car without the hassle of reselling it personally.

     

    Working with some of the largest and most respected banks in the country, Tesla has been able to create a new kind of financing product that combines the surety and comfort of ownership with all the advantages of a traditional lease. Like the Model S, this product was created from the ground up to provide maximum benefit to consumers, rather than simply duplicating other financing programs that tend to favor companies at the expense of the individual.

     

    How does it work?

     

    -- US Bank and Wells Fargo have agreed to provide 10% down financing for
    purchase of a Model S (on approved credit).
    -- The 10% down payment is covered or more than covered by US Federal and
    state tax credits ranging from $7,500 to $15,000. New Jersey,
    Washington and DC also have no sales tax for electric vehicles. These
    advantages are not available when leasing.
    -- When considering the savings from using electricity instead of
    gasoline, depreciation benefits and other factors, the true net out of
    pocket cost to own a mid-range Model S drops to less than $500 per
    month.
    -- After 36 months, you have the right, but not the obligation to sell
    your Model S to Tesla for the same residual value percentage as the
    iconic Mercedes S Class, one of the finest premium sedans in the
    world, made by Daimler (also a Tesla partner and investor).
    -- Not only is Tesla guaranteeing that resale value, but Tesla CEO Elon
    Musk is personally standing behind that guarantee to give customers
    absolute peace of mind about the value of the asset they are
    purchasing."
    2 Apr 2013, 05:14 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2506) | Send Message
     
    Stock's down in the after mkt, so for now, anyway, looks like my puts are ok.

     

    First blush mkt reaction seems to be that they were hoping for more.

     

    Funny about that personal guarantee. From my comm'l lending days, it's what you did to business owners when you weren't comfortable enough with the cash flow and other collateral. IOW, it's a sign of weakness.
    2 Apr 2013, 05:19 PM Reply Like
  • SMaturin
    , contributor
    Comments (2208) | Send Message
     
    " After 36 months, you have the right, but not the obligation to sell
    your Model S to Tesla .... Elon Musk is personally standing behind that guarantee to give customers absolute peace of mind about the value of the asset they are purchasing."

     

    So if Tesla goes bankrupt in the next 36 months, will Elon be buying back all those Model S's out of his own pocket? What a MAN!
    2 Apr 2013, 05:25 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    The scarier part is that Tesla is guaranteeing the resale value. I'll have to research the accounting literature and find out what happens when somebody enters into a variable price put contract.
    2 Apr 2013, 06:09 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    This is all to keep the puddle of demand from drying up...
    2 Apr 2013, 05:23 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2097) | Send Message
     
    Hiya 86,
    Darn, does this mean we're watching 2 things dry? ;-)
    2 Apr 2013, 05:54 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Stilldazed, When I first came here I was advised not to be so formal. So I was advised to call him by his given name 48. ;))
    2 Apr 2013, 05:58 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    I figure we won't have to actually *watch* the tesla puddle desiccate itself... the noise, though faint, will be plenty enough. ;)
    2 Apr 2013, 05:59 PM Reply Like
  • Amouna
    , contributor
    Comments (1496) | Send Message
     
    Absolutely! They would do the unthinkable to avoid admitting that.

     

    Not a sustainable strategy to have your customers leasing the car just so they can resell it to you 3 years down the line...
    2 Apr 2013, 06:05 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    there's a bit of slight of hand here... he's saying ~$500-600 a month, but that's net of, ie *including* gasoline savings...so in reality, north of $1000 a month.. on a 66 month loan... plus electricity, etc... so depends on how many miles driven
    2 Apr 2013, 05:46 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    My take on the tesla reveal reception:

     

    http://bit.ly/104UFqM

     

    "allright Janice!"
    2 Apr 2013, 06:20 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Well that's creative. But alas it goes into the transaction price so, eh.

     

    2013 Fiat 500e Buyers Get 12 Days’ Free Use Of Rental Cars

     

    http://bit.ly/104VCzB
    2 Apr 2013, 06:24 PM Reply Like
  • jveal
    , contributor
    Comments (654) | Send Message
     
    Allen Caron mentions Axion, among others, in an article on hybrid Ferrari.

     

    http://bit.ly/ZyCWnV
    2 Apr 2013, 06:25 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    Jveal: Good find.

     

    "Overall, hybrids deliver 40 percent better fuel economy than conventional gasoline-powered cousins of the same model."

     

    Well, I say if Ferrari can get 40% improvement in a high-performance "monster", ePower can get it in a "steady-state" lumbering behemoth driving fairly straight lines over long distances.

     

    That's my simplistic view of the situation. All we need is for the drivers to stomp the brakes frequently and decisively! ;-))

     

    In the case of Ferrari, we know what they are compared to though.

     

    HardToLove
    2 Apr 2013, 06:34 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >jveal ... And here I was all a titter that the PbC might be in a Ferrari. That would have been one hel'of'a Customer No. 1 ... Sigh.

     

    Nice find and good to see something more than just the company being named in passing.
    2 Apr 2013, 06:34 PM Reply Like
  • Keyboard
    , contributor
    Comments (67) | Send Message
     
    So Axion's AllenCaron PR firm writes that Axion

     

    "has developed a specialty PbC battery technology ".
    Specialty? Small market? I think I'll pass.

     

    Perhaps
    "has developed automated production facilities for its PbC fast-recharge high-cycle-life battery technology".
    sounds more like they are reaching for meaningful sales.
    2 Apr 2013, 09:41 PM Reply Like
  • greentongue
    , contributor
    Comments (754) | Send Message
     
    Speaking of "lumbering behemoth" shouldn't there be some feedback available from ePower by now?
    5 Apr 2013, 08:25 AM Reply Like
  • D Lane
    , contributor
    Comments (1262) | Send Message
     
    Demand Response Payments Increase Significantly in PJM
    Order 745 brings higher prices and greater participation.
    http://bit.ly/16l6HNi

     

    Payments for economic demand response in the PJM Interconnection generated $8.7 million in revenue for seven months in 2012, compared to $7.1 million for the 41-month period from November 2008 through March 2012, according to a new report from PJM.

     

    The significant increase stems from of FERC’s Order 745, which ruled that economic demand response needs to be paid the full wholesale price (when it’s above the net benefits threshold), whereas before it was paid the difference between the wholesale price and the retail price for generation and transmission.
    2 Apr 2013, 08:11 PM Reply Like
  • Johhny rambo
    , contributor
    Comments (117) | Send Message
     
    Being a Toronto Maple Leafs fan, I am familiar with the word masochism !

     

    However, I always think of the fans of any sports team as the stakeholders or shareholders of that particular corporation, depending on their unwavering support through investment (ticket sales and clothing sales).

     

    As I have previously mentioned it is a business that is taken seriously, and some coaches can be effective during the regular season, but can't deal with the stress of the playoffs, and vice versa.

     

    IMHO our coach is in a very important playoff series, after having demonstrated for years an inability to even get into the playoffs.

     

    When the coach fails repeatedly he gets replaced, that's the way this game works, whether we like the guy or not, it doesn't matter.

     

    Axion, please get this job done right now, or replace the coach and management team with those that can, it's time we thought of ourselves as big league and not the bush leagues, where we have been residing for so very long !
    2 Apr 2013, 08:40 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    Ha Ha Ha ... he said "bush"
    2 Apr 2013, 08:44 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    OT

     

    I have a feeling we'll be shakin' the bush. Or have we already been there?

     

    http://bit.ly/VtG8FF
    2 Apr 2013, 09:13 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    I have to wonder about guys like JR who can't tell the difference between batting practice during spring training and the playoffs. The fact is the only game Axion has played is developing a great battery, learning how to build it efficiently, and getting most of the way through validation testing with a handful of world class partners.

     

    The coach has had nothing but smashing success after smashing success. Now we're about to find out if all the work was worthwhile. You can't bitch about the playoffs before the season opener. Relax. Go grab a dog and a beer. Things haven't even started to get interesting yet.
    2 Apr 2013, 09:17 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    SolarReserve completes assembly of molten salt receiver panels for Nevada solar project

     

    http://bit.ly/16uPgvV
    2 Apr 2013, 09:54 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Also proposing in Colorado. Here's an article that touches a lot of aspects of getting such a project approved including water and bird issues.

     

    http://bit.ly/Yvyqey
    3 Apr 2013, 09:34 AM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >JP ... I love the baseball analogy. How can you say things aren't interesting yet? OK, spring training is now over and it has been great. Several practice games with Big & Farm League teams. Two decisive wins & a couple ties. Now the regular season is about to start but we have no games scheduled and (here's the interesting thing) the rest of the fans in the market aren't really sure there will be a stadium to kick back and enjoy that dog & a beer in. Ticket sales are lagging badly.
    2 Apr 2013, 10:29 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (866) | Send Message
     
    I also love baseball analogies, but I’m not clever enough to come up with any good ones of my own. What I’ve noticed however, is that some who write with an element of anger do so because they apparently bought in years go, and are down substantially. I did as well, and am probably down considerably more than the average Axionista.

     

    But I try to look at things philosophically. I made several investment decisions along the way, evaluating the risk/reward ratios as best I could. It was clear that by just about any measure, Axion was/is a “high risk” investment, somewhat typical of a small cap company with an OTC listing. I believe that’s exactly why most of us are here; we’re “swinging for the fences”. — Hmm, maybe I do have a bent for baseball analogies after all. :-))

     

    But if we want the potential for a huge upside, we also have to accept the significant downside risks that are normally associated with companies such as Axion. In other words, don’t risk more than you’re willing to lose. When I keep this in mind, and accept full responsibility for making the decisions I did, it helps keeps me patient. It also helps me to have a less than flamboyant, down to earth guy such as TG at the helm. — Wow, another baseball analogy? LOL
    2 Apr 2013, 11:34 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    WIO: "TG at the helm"

     

    That's nautical - you're multi-disciplinary. It's been co-opted for baseball and many other sports though.

     

    HardToLove
    3 Apr 2013, 05:05 AM Reply Like
  • Alphameister
    , contributor
    Comments (1428) | Send Message
     
    I'm upset also. I was expecting our hitters to bat 1000 while our pitcher was pitchiing a perfect game so that the rest of the league would just concede us the championship after the first game of the season!
    3 Apr 2013, 11:36 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2097) | Send Message
     
    Looks like I did it again. Brought my hockey stick to a baseball game :-).
    3 Apr 2013, 11:51 AM Reply Like
  • WayneinOregon
    , contributor
    Comments (866) | Send Message
     
    Good one Alphameister! LOL
    3 Apr 2013, 11:52 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2097) | Send Message
     
    Market Current about the Tesla announcement. http://seekingalpha.co...
    3 Apr 2013, 12:31 AM Reply Like
  • big_bear
    , contributor
    Comments (49) | Send Message
     
    I'm one of the impatient ones.....I guess you could compare me with one of those hitters that's never seen a bad pitch. But I started investing in AXPW in 2009 (to say I'm down would be an understatement). I keep riding it out but I would say I'm less confident than I used to be. The upside potential is larger than I originally expected but the risk at this point is bigger because I've averaged down to try and make up for the loss.

     

    I think we need to constantly remind ourselves that it's going to take longer than we expect. Who knows exactly where we are in the baseball analogy? I compare our timeframe to a high school player that's seeing pro scouts in the stands. I don't think we're ready to go to the pros right off the bat....we probably need to go to college or a minor league team to refine our skills. I would love to see a big league contract but it seems like if we play a couple of years in college we'll be a better player in the pros.....we just have to stay out of trouble and make sure we keep ourselves healthy (financially).

     

    I can't take to many more rounds of financing. It's a setback similar to an injury. While not career ending, I feel like we're not as strong as we were originally ** If you have a nagging injury from years ago, I'm sure you can understand where I'm coming from **
    3 Apr 2013, 01:38 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    04/02/2013: EOD stuff partially copied from instablog (up later).
    # Trds: 48, MinTrSz: 385, MaxTrSz: 20000, Vol 262385, AvTrSz: 5466
    Min. Pr: 0.2550, Max Pr: 0.2699, VW Avg. Tr. Pr: 0.2610
    # Buys, Shares: 16 57285, VW Avg Buy Pr: 0.2632
    # Sells, Shares: 32 205100, VW Avg Sell Pr: 0.2604
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:3.58 (21.8% “buys”), DlyShts 24245 (09.24%), Dly Sht % of 'sells' 11.82%

     

    For those thinking of the financing, here's some volume-weighted closing price and a 10% discount for some periods: 30 day $0.2942, $0.2648; 40 day $0.3009, $0.2708; 60 day $0.3248, $0.2923.

     

    I'm still waiting for something looking like real trading and investing before wading back into the TA stuff. Today looked better, but I'm soured on one-day improvements for now.

     

    The only thing I'll note today is in the next few days we will get a “death cross” as the 50-day SMA crosses below the 200-day SMA.

     

    Details of “Dly Sht % of 'sells'” and inflection points omitted here.

     

    HardToLove
    3 Apr 2013, 05:29 AM Reply Like
  • dlmca
    , contributor
    Comments (338) | Send Message
     
    I read FUTURIST “An Outline of the Risk of Stock Ownership in Axion Power, International (AXPW)” on the Easter weekend. Dated 5/12/12
    An excellent article and available on the APC
    The piece included a link to a Battery International, Issue 78, winter 2010-11 “Against All Odds”. Essentially an interview with TG and a Profile of the history of AXPW to winter 2011. Well worth reading.
    I was left with several thoughts:
    1. When you consider what management have been through going back to 2005 (JP is I am sure all too familiar) - and consider where they are today – it is night and day – black and white
    2. Having persevered through 2005 – 2012 they can be expected to continue until success is achieved
    3. When you look at the stock price of AXPW 2005 – 2012 and consider the ups and downs of those days, it provides a clear example in the disconnect between the markets view of value and the realities of what is really going on in the trenches
    4. Today at $0.27 – and considering the milestones achieved – the potential ahead - the value is compelling – financing announced or not
    I urge all who are interested in AXPW to read these important articles
    3 Apr 2013, 07:23 AM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Nitro-Turbodyne Awarded Patent for Breakthrough Power Conversion Technology; Allows Zero Emission, 100% Renewable Energy Storage and Conversion using Liquid Nitrogen

     

    http://bit.ly/YSqfbQ

     

    http://bit.ly/10yaKCY
    3 Apr 2013, 08:00 AM Reply Like
  • jveal
    , contributor
    Comments (654) | Send Message
     
    HOUSTON, April 3, 2013 /PRNewswire/ — GDF SUEZ Energy Resources NA, one of the country’s largest competitive retail electricity providers to commercial, industrial and institutional customers, announced an agreement with Viridity Energy to provide comprehensive, customized demand response solutions.

     

    http://bit.ly/YSqFim
    3 Apr 2013, 08:04 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    JVeal" " utilizing standby generation, battery storage, and automated control and measurement technology."

     

    Couple nice keywords in that clause.

     

    HardToLove
    3 Apr 2013, 08:11 AM Reply Like
  • jveal
    , contributor
    Comments (654) | Send Message
     
    HTL, It at least gives us possibilities of what Axion is likely involved in with the powercube proposals. I came across it while searching to find a glimpse of a financing announcement this morning for Axion.
    3 Apr 2013, 08:15 AM Reply Like
  • JohnM121
    , contributor
    Comments (366) | Send Message
     
    The incentive was significantly increased last year when the price cap was raised to $9000 (from $3000 last year) and goes into effect next month. I don't know it it will work, but I like the concept of the government setting some ground rules, but not picking the solution.

     

    http://bit.ly/YvFsjx

     

    Could it be related to the inventory build up for 2 different customers mentioned on the conference call? I can always fantasize.
    3 Apr 2013, 10:34 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2097) | Send Message
     
    HTL,
    Sure hope that is the Santa Clause!!
    3 Apr 2013, 11:54 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    Stilldazed: If it were longer it would be I think. But being so small, it's just a clausette - or an elf if you prefer.

     

    HardToLove
    3 Apr 2013, 11:59 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Recent article linked on Viridity's site:

     

    Finding Ways to Reduce Power Use

     

    http://bit.ly/XpXYuK

     

    includes this tidbit :-)

     

    "For example, the books in a library serve as thermal storage devices. The university can cool the building at night, and the books help keep the library comfortable while the thermostat is set higher during the day, when air conditioning at offices drives up the demand on the grid."
    3 Apr 2013, 12:10 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    BYD to build electric bus assembly plant

     

    http://bit.ly/Yvp8Pv
    3 Apr 2013, 08:06 AM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Case study links at the bottom. Only loaded the very bottom one so far and it was 48 meg.

     

    ESTAP Webinar: East Penn and Ecoult Battery Installation Case Study

     

    http://bit.ly/Yvth6a
    3 Apr 2013, 08:46 AM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Only listened to the last link main presentation webinar so far. It's very good. One thing that strikes you very quickly is the percentage of the name plate capacity that's actually providing service in the case of the East Penn/Ecoult installations. It's pretty low.

     

    Recommend reviewing this. It's also presented as an "easy read".
    3 Apr 2013, 10:12 AM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Interesting. The CEO of Ecoult John Wood, in answering the first question about "lead carbon batteries", mentions carbon only negative electrode battery but misrepresents it's energy storage capacity as being electrostatic (capacitive) only. Does not mention Axion by name. I'm sure he's not that uninformed.

     

    PS He later says the Ultrabattery will "outcycle" any lead carbon battery. :)

     

    Edit Later in the Q&A he gives the price point for the Ultrabattery at 1.5 to 1.6 times the cost of a high end VRLA battery for data center storage. Comments on how industrialization strategies will bring that price point down.
    3 Apr 2013, 10:44 AM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Last point, Currently they are doing planned maintenance for 2 days every 62 days. This includes refreshes where they charge to 100 % (normal operation is in a PSOC range to optimize efficiency as per the presentation).
    3 Apr 2013, 11:45 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Connecticut executing on other smart energy related proposals beside the Microgrid ones. Financing projects that make sense is what it's all about right now. You might think banks should be handling that, but sadly it appears they're not stepping up to the plate.

     

    ======================...
    Officials hail state’s first C-PACE clean energy project in Norwalk

     

    http://bit.ly/XXAkAX

     

    "Malloy said offering less expensive energy will make Connecticut more competitive when it comes to attracting businesses. Energy costs in the state are currently among the most expensive in the nation."
    3 Apr 2013, 10:02 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    2.5 minute Video ... brief interviews with some of the principals

     

    http://bit.ly/XhOLCD
    5 Apr 2013, 10:45 AM Reply Like
  • footleg
    , contributor
    Comments (26) | Send Message
     
    Fwiw, my cubbies ARE undefeated this year.
    3 Apr 2013, 11:07 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Norfolk Southern names Tom Schnautz to lead research and technology group; Gerhard Thelen retires after 36-year career

     

    http://yhoo.it/ZzQyzr

     

    " Tom, who has been leading our effort to comply with Congress' positive train control mandate, has the knowledge, experience, and wisdom to take up that mantle"
    3 Apr 2013, 11:21 AM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Good thing the NS999 is well on it's way and NSC has matching funds for the OTR application.
    3 Apr 2013, 11:35 AM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    Good thing the NS999 is well on it's way and NSC has matching funds for the OTR application.
    Yes my thought too.
    I just hope it's enough.
    It's this sort of thing may have soured the Exide deal.
    3 Apr 2013, 11:46 AM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    froggey, I'm sure that during this transitional phase the new kid on the block has been heavily involved. Given where the program is I think the PbC batteries and the other technologies will be given their chance on the podium. BTW, The new kid is an electrical engineer. Not a huge thing but a slight positive.

     

    Not sure I understand your point on Exide.
    3 Apr 2013, 11:59 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1829) | Send Message
     
    Paranoia of the day.

     

    We have all, no doubt, seen the GE locomotive commercial featuring the car from Knight Rider and a NS train.

     

    http://bit.ly/11mGAX7

     

    Wouldn't it be a little embarrassing for GE if the customer featured in its commercial (NS) comes out with a splashy electric train that uses someone else's technology?

     

    Maybe NS agrees to drag its heels a little or keep a low profile on the NS999 in exchange for a better rate on GE products?

     

    Did I smoke too much crack this morning?

     

    D
    3 Apr 2013, 12:37 PM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    The people at Exide who brought Axion in were the CEO? and the #2 man who was passed over when the CEO left. These were the people Axion had a strong relationship with. The new people tried to take advantage of Axion's financial vulnerability at that time and force Axion into a seriously bad deal or BK.
    Bad memories.
    Not a serious worry but the two together and I start having flashbacks I'm afraid.
    3 Apr 2013, 01:01 PM Reply Like
  • LT
    , contributor
    Comments (4726) | Send Message
     
    Have no doubt GE will use every tactic including bundling to assure a mkt. adoption and strong volume position.
    3 Apr 2013, 01:02 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Ahhh, Now I understand.

     

    Thanks Froggey.
    3 Apr 2013, 01:07 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2213) | Send Message
     
    Tesla is going to race in 2015 Nascar. They will swap out batteries; $62m federal money is sponsoring it. The report is dated April 1st, so it may be a joke, but I don't think so. Well, it is a joke, but not as an intended joke.

     

    http://edmu.in/12hhJ60
    3 Apr 2013, 01:04 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Rick, Ugggh. Can't say much more.
    3 Apr 2013, 01:09 PM Reply Like
  • Milhouse
    , contributor
    Comments (333) | Send Message
     
    "Obviously, we're excited," said Tesla head Elon Musk. "The Tesla has been phenomenally, unanimously successful within our small and very sophisticated niche, but I knew that if we want to reach Larry Lunchbox, we need to be in NASCAR." Musk added that his research staff has actually located a NASCAR fan named Larry Lunchbox, who will wave the green flag over the 2015 Daytona 500.

     

    !
    3 Apr 2013, 01:12 PM Reply Like
  • SMaturin
    , contributor
    Comments (2208) | Send Message
     
    <<Industry sources suggest that the reveal was supposed to take place one week later, at the NASCAR race at Texas Motor Speedway, but with the announcement that the National Rifle Association would be the title sponsor of that race, the federal government decided to move the announcement to Martinsville. "We aren't sure how many fans would be friendly toward alternative energy at an event sponsored by the NRA," said the source, "and we have to assume a large percentage of them will be armed."

     

    Under the supervision of Tesla's in-house engineering team, Lidocad-daleoxide battery technology is being developed specifically for the racecars at a Czechoslovakian research facility, Blázen Dubna, Ltd.>>

     

    Lidocad-daleoxide? It only costs $62M per kilo. Glad Uncle Sam will be picking up the tab.

     

    (Blázen Dubna is Czech for April Fools. http://bit.ly/XY2T18)
    3 Apr 2013, 01:42 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (902) | Send Message
     
    That would be kind of cool to see, actually. But it has to be a joke. Larry Lunchbox? C'mon man. Plus I don't think DOE could get away with funding something like a NASCAR project, unless they were going to shoot it into space or something.
    3 Apr 2013, 04:27 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1829) | Send Message
     
    This is downright irresponsible to the driver.

     

    A crash is inevitable. As is the runaway battery fire due to punctured batteries and leaked electrolyte.

     

    How can they even do this?

     

    D
    3 Apr 2013, 06:09 PM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    D
    They are not.
    It was an April Fools joke.

     

    By Edmunds
    3 Apr 2013, 07:35 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2213) | Send Message
     
    OK, I was pwnd. Oops.
    3 Apr 2013, 09:41 PM Reply Like
  • JRP3
    , contributor
    Comments (7728) | Send Message
     
    "A crash is inevitable. As is the runaway battery fire due to punctured batteries and leaked electrolyte."

     

    LOL. Not only did you fall for an April 1 joke you ran with the battery fire card. Priceless.
    3 Apr 2013, 11:21 PM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    Rick
    I heard about that I assumed they would have to switch the batteries but I hadn't looked into it. I wonder how many battery packs they would need for 500 mi.
    3 Apr 2013, 01:18 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    I think it's an April's Fool joke. Nascar is IC engines with *everything* specified that you're allowed to have on the car. They just brought out their new Gen 6(?) to replace the COT (Car of Tomorrow) which was a crummy experiment.

     

    Even if it wasn't a joke, how would they compete with IC? IC doesn't have max torque at zero rpm, has gear to shift, has safety standards to be met, minimum and maximum weights, ...

     

    Getting sponsorship on a "conventional" car or being the race sponsor would be the only way to see that nameplate at a Nascar race.

     

    HardToLove
    3 Apr 2013, 01:30 PM Reply Like
  • tripleblack
    , contributor
    Comments (13445) | Send Message
     
    It is definitely a bad joke, just a joke...

     

    But they could pay to be the Official Pace Car. Why not?
    3 Apr 2013, 01:46 PM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    The joke was by Edmunds not Tesla.
    I liked this line.
    "It will work like this: A battery pack than can easily be lifted by two husky crewmen will slide into a compartment in the Tesla's trunk, located close to where the conventional fuel cell is now. "
    3 Apr 2013, 01:52 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    " Why not?"

     

    Because those slots are locked up by the manufacturers that participate in the Nascar series? It's free PR whenever a particular manufacturer's car is the pace car. I don't think Nascar would risk losing more major manufacturers by letting that out for $ to anybody not in the series.

     

    Little gain and lots of risk?

     

    HardToLove
    3 Apr 2013, 05:58 PM Reply Like
  • VictorG45
    , contributor
    Comments (40) | Send Message
     
    I found this press release by Aquion Energy

     

    http://bit.ly/XOxUJ0

     

    "The electrodes on its batteries are activated carbon and manganese oxide"
    My question is does this violate Axion's patents ?
    3 Apr 2013, 05:48 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Victor, No this does not violate Axion's patents relative to using carbon for the anode.

     

    I'm hoping we never get into that level of pissing match with anyone. Both parties will lose and the lawyers will walk away smillin' like Cheshire cats.
    3 Apr 2013, 05:55 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    Axion's patent is for a lead positive electrode and a carbon negative electrode in a sulfuric acid electrolyte. It locks down the lead-acid space well but doesn't impact other metals like manganese.
    3 Apr 2013, 06:14 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    04/03/2013: EOD stuff partially copied from instablog (up in the A.M.).
    # Trds: 29, MinTrSz: 200, MaxTrSz: 10000, Vol 100000, AvTrSz: 3448
    Min. Pr: 0.2600, Max Pr: 0.2699, VW Avg. Tr. Pr: 0.2669
    # Buys, Shares: 13 48100, VW Avg Buy Pr: 0.2694
    # Sells, Shares: 16 51900, VW Avg Sell Pr: 0.2647
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:1.08 (48.1% “buys”), DlyShts 10300 (10.30%), Dly Sht % of 'sells' 19.85%

     

    For those contemplating the possible financing round, here's some VWA closing averages and 10% haircuts: 30 day $0.2934, $0.2641; 40 day $0.2997, $0.2697; 60 day $0.3249, $0.2924.

     

    Things keep improving, but I'm still leery of any postulation based on what's gone on so far. We had a higher low but our high was constrained by the $0.27 brief support we saw, which is now resistance. Maybe the nasty trend is over now as volume continues to taper off and “buy” percentages look to be trending towards normal ranges. Here's the last few days' “buy” readings: 54.5%, 18.6%, 42.5%, 07.9%, 21.8% and 48.1%. For the most part, after the open today the bids moved up a bit and stayed slightly up. The asks dropped a bit after the open and stayed tightly constrained in a narrow range of variation. For now, at least, the wholesale hitting the bids by heavy sellers has abated.

     

    There's nothing bullish here yet, but the intra-day behavior is beginning to look less severely bearish and look much more normal in trading behavior. We should still be somewhat cautious as the volume is low and the average trade size is well down from what I think is the middle of “retail”.

     

    My original inflection point calculations show signs of improvement, as does the newer version.

     

    Details of “Dly Sht % of 'sells'” and inflection points omitted here.

     

    HardToLove
    3 Apr 2013, 05:55 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    FWIW my 50-day VWMA fell through the 200-day VWMA today but the brief period and narrow spread between the golden and death crosses suggest that neither was a convincing omen of things to come. Right now the market is simply too fearful of the financing to do anything other than freeze like a deer in the headlights.
    3 Apr 2013, 06:18 PM Reply Like
  • Ranma
    , contributor
    Comments (1485) | Send Message
     
    The golden cross was about the point when the price starting heading down, and so the death cross is actually bullish this time... And why not, it simply is a reflection of the financing fear, as nobody wants the offering to go off below their average.
    3 Apr 2013, 06:33 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    John: tomorrow the SMA versions should make the cross.

     

    Today there was just a gnat's ass between them.

     

    HardToLove
    3 Apr 2013, 06:40 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2506) | Send Message
     
    I watched Level II this afternoon, and up until late afternoon at a minimum, ATDF had 142k shares for sale at 27 cents. You could only briefly see it when they moved their smaller ask around below it. That plus other sellers at 27 cents or so suggests to me the selling is not over, but rather it's on pause. Hope it's over, but that's not what I'm seeing yet.

     

    I'd guess, probably like many here, that selling will be > buying until the financing. Who knows how low we go, but a retest of 20 cents is not out of the question, IMO. Hopefully anything below 25 cents brings out some greater buying, like it did the last time.
    3 Apr 2013, 06:45 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    Less than 30 days to go now...
    I still have a hard time trying to nuke this out.... why would TG take this process down to the wire, which engenders anxiety and fear and thus paralysis as JP notes, which together erode share price, IF the deal he's working is dependent on that very share price? Makes no sense. I mean, on the face of it, that would be one of the more self-destructive courses of action imaginable. Far better, if *that* was/is the kind of deal he's working on, to have completed it months ago, with a lot more cushion. So, unless something really went south, It's gotta be a different kind of deal in the works altogether. Of course we're sure to know much more by the end of this month, but geez, this is some drama, no?

     

    Alternatively, it can kinda feel like it's the end of 2011 all over again though too. Shenanigans, anyone?
    3 Apr 2013, 07:44 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >481086 ... I feel it's just a likely that, if no cap raise is announced, the end of the month will come and go in silence. The notice has been published and we possess all the detail we are going to get. As the days tick past, it makes less sense to me, but there are more important chores to attend to in New Castle than keeping me informed. We get what we got.
    3 Apr 2013, 08:04 PM Reply Like
  • LT
    , contributor
    Comments (4726) | Send Message
     
    Management has never been worried about shareholders. There is no use speculating further. It will be what ever it is, and we live with it good or bad. As I have said, this is his last straw.
    3 Apr 2013, 09:54 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    But management are shareholders (and option holders) too, no?
    3 Apr 2013, 10:17 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >481086 ... Why yes, I believe you're right. I don't think the core management are the majority holders any longer but they do represent the largest cohesive block. Option holders, as in warrants, I think are expired or are irrelevant, but no debt, bank or bonds, to speak of and no preferred stock are a good thing in my common share way of thinking. I've been interested in the technology of the PbC long enough to be willing to wait 3 more short months to find out what will happen to it.
    3 Apr 2013, 10:37 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    DR, I'm with you. And I meant like Vani, who IIRC has options/warrants with a $1.50 exercise price, the same as all the others.. (with exception of Quercus at $0.75, expiring in June) Point is, although there are indeed several classes of passage aboard this vessel, we are to some extent all in the shareprice boat together...
    3 Apr 2013, 10:47 PM Reply Like
  • DRich
    , contributor
    Comments (4455) | Send Message
     
    >481086 ... With my enthusiasm level being what it is, I'm ready to see Axion open an Ebay store just to get something going to bring money into the till.
    3 Apr 2013, 11:06 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    MrI: I could have missed an earlier entry, but the first glimpse I caught of it was around 14:43. As you noted it got masked by better offers right away and could have been around much longer.

     

    I'm thinking in the half-full vein: the fact that quantity wasn't moved to a lower price and/or didn't just go hit the bid may be a harbinger of better days ahead.

     

    HardToLove
    4 Apr 2013, 06:59 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (902) | Send Message
     
    48, I can only think of one reason for taking it down to the wire: they don't have any deals lined up yet.

     

    My guess is they have some interested parties, but those parties are only offering pennies a share because they know how desperate the situation is. They are probably holding out for a higher bid, but might have to take the low-ball offer if nothing materializes in the next week or two. We'll know in less than 4 weeks, I suppose.
    4 Apr 2013, 09:52 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    NGS: OTOH, if TG is the negotiator we've been told, it could be he has aces in the hole and is engaged with multiple parties - hence the investment bank assistance - getting the best possible deal.

     

    What aces? COH sufficient to last, AR inflows extending the runway a wee bit, some nice deals very near completion, ...

     

    All speculation, of course, but we need to look on both sides of the darkened mirror.

     

    HardToLove
    4 Apr 2013, 10:02 AM Reply Like
  • D-inv
    , contributor
    Comments (4003) | Send Message
     
    Thanks, 48', for remembering the Quercus warrants. ISTM that expiration of 2,380,953 of those warrants on April 6 could be a factor in timing of the forthcoming capital raise.
    4 Apr 2013, 11:43 AM Reply Like
  • Ranma
    , contributor
    Comments (1485) | Send Message
     
    D-inv, we would all be praising TG to high heaven if he was timing a big win just for that. Here goes it for Monday.
    4 Apr 2013, 12:12 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    Speaking only for myself there's nothing I'd like better than to see the stock price climb to a point where Quercus could pay $.75 a share to exercise its warrants and make a big enough spread on the stock to cover it's prior losses.

     

    They were a great investor at a critical time in Axion's history and I personally view their losses as a tragedy. I can't imagine that Tom would time a good event for the purpose of screwing Quercus.
    4 Apr 2013, 12:32 PM Reply Like
  • D-inv
    , contributor
    Comments (4003) | Send Message
     
    :-) Ra ... I'm thinking that investors could be setting the timing, particularly where capital influx could boost price. Why risk promoting dilution when it can be avoided easily? Also important is financial performance in Q1. Expiry of warrants could just be added frosting on the cake baked by Q1 developments.

     

    How much of that end-year PbC inventory moved during the quarter?
    4 Apr 2013, 12:33 PM Reply Like
  • Ranma
    , contributor
    Comments (1485) | Send Message
     
    John, your sentiment is reasonable and fair. And for us, a 75 cent exercise is a big win for us both in share price and in company capital.

     

    I meant that we would be praising TG's skill and daring in negotiation it he was able to pull it off at exactly the right moment, whatever that may be.
    4 Apr 2013, 12:42 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    I understand what you were thinking, but I was always torn about the relentless selling from Quercus. I thought it was tragic every time they hit the sell button because I knew what they paid for the shares and understood why they had to sell at a deep loss. I also knew their relentless selling was having a terrible impact on Axion's stock price and wished there was a better way for them to solve their problems without hurting Axion in the process.

     

    It's tough when you're aware of both sides of the coin.
    4 Apr 2013, 12:47 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    Yet in the end we all make our own bed.

     

    If it was with volume he'd be happy about Envision today (EVSI). Seems maybe people like drop and play technology. Maybe he'll catch a break? Although I'd prefer he get one here.
    4 Apr 2013, 01:04 PM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    Hear, Hear
    We all fight with our greed monster VS fair play. To want the best for ourselves and to want the best for those whom we think tried to be fair. Especially if they were fair with us, and hope for the best for them.
    But we are not responsible for them. Nor they, us.
    4 Apr 2013, 07:48 PM Reply Like
  • mrholty
    , contributor
    Comments (906) | Send Message
     
    I wouldn't worry about too much of the volume today as I made up 37.5k of it.
    3 Apr 2013, 05:58 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17465) | Send Message
     
    MrHolty: :-(( That means the anemic 100K was worse than I thought in its implications.

     

    Congrats on adding though!

     

    HardToLove
    3 Apr 2013, 06:42 PM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    HTL
    " That means the anemic 100K was worse than I thought in its implications."
    Nope, just means you know where those went.

     

    Chill :-)
    4 Apr 2013, 07:50 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2506) | Send Message
     
    OT

     

    Cory Johnson of Bloomberg TV continues to do some solid investigative work about Tesla. In his latest piece a few minutes ago he mentioned two more red flags:

     

    1) Tesla sent an email to new customers asking that they accelerate their purchase pymt, so the company could count their purchase in Q1 instead of Q2.

     

    2) Bloomberg interviewed a new customer that said he placed his order in December and took delivery of the car in March. Hmmm, how did he leap frog over the 10k or so people supposedly ahead of him? (15k waiting list at 12/31/2012 and 4,750 or so deliveries in Q1). Perhaps because he ordered certain specs that hardly anyone else did and Tesla had those in a car available quickly, as noted by Cory and the company, but there was no solid answer.

     

    http://bloom.bg/YwCfjx

     

    Combined with the bs lease PR, as well as the company's misplaced core value proposition, huckster CEO, need for financing, blind followers, etc. etc. etc., my investing nose is starting to smell a strong odor, and it's not roses. Not sure exactly how to play what I increasingly think will be major trouble for the company, but in the meantime, my puts did well today, so I sold them, while I further think thru a short strategy.
    3 Apr 2013, 07:01 PM Reply Like
  • LT
    , contributor
    Comments (4726) | Send Message
     
    Mr. I, congrats on the trade. You never go broke making/taking a profit,
    One analyst upped the target on Tesla to $50 today.

     

    The lease deal to me is not much, but it's who they did it with. This CEO does a great job of innovation and creating demand.
    3 Apr 2013, 07:10 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2506) | Send Message
     
    Thx LT.

     

    Musk is one heckuva salesman. Together with the other things I've been reading about recently, so far it looks to me like an excellent short. That is, the higher the expectations/reality gap, the bigger the potential short opportunity. Setting up nicely so far, IMO.

     

    Funny, that analyst should get a Futility of the Day award for issuing such a target when the price tumbles over 7% and the cloud of suspicion grows.
    3 Apr 2013, 07:24 PM Reply Like
  • BugEYE
    , contributor
    Comments (193) | Send Message
     
    Mr I, thanks for the video. It is better than tyson vs holyfield.
    3 Apr 2013, 07:43 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    Whoa. It's like the guy just out and took a scalpel right to the tesla jugular...

     

    And also, this:
    http://engt.co/XP4xGG

     

    More and more, folks is going to have them some (other) sexy options...

     

    Not the least of which, of course, are the even better and cheaper *teslas* that all the fanboys keep promising are coming in the next few years.

     

    So if you're a savvy potential tesla buyer (that includes current reservation holders) do you pony up now your ~$80K for a Ver 1.0XX EVwundercar, or do you decide to wait a while longer and see what Ver 2.0 looks like?

     

    PC enthusiasts were well familiar with this quandary back in the day--the golden age of computer upgrading that was the mid-late 90's... buy now with my precious cash or wait for the next (Intel, AMD, 3Dfx, nVidia, ATI, S3 etc) product generation?...

     

    If it's really true that "this here EV party is juuussst gettin' started!" why indeed buy now?
    3 Apr 2013, 08:26 PM Reply Like
  • JRP3
    , contributor
    Comments (7728) | Send Message
     
    Same reason people bought the first PC, flat screen, cell phone, smart phone, or the first version of any technology that is now better and cheaper. The difference is that the Model S will always be a fast luxury vehicle that's better than most cars on the road, even 10 years from now, and with a new pack at some point with the most up to date available cells, better than new.
    3 Apr 2013, 11:34 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    ah yes, just like all those millions of old computers still out there, albeit upgraded with a new cpu: "better than new"

     

    The thing is though, a new tesla is ~$80K... one of the above mentioned technology items was at most a few thousand... but to be fair, their just announced purchase finance program with a (quasi) guaranteed 36mo resale price, fits perfectly with wanting to assuage such obsolescence fears..
    3 Apr 2013, 11:39 PM Reply Like
  • JRP3
    , contributor
    Comments (7728) | Send Message
     
    You've just pointed out the difference between PC's and auto's, but apparently missed it because of your inherent bias. An old PC even with a new CPU can't keep up with the new demands of advanced software after a few years. An "old" Model S with a new pack can still beat most things on the road, because the physics of driving will never change.
    As you say, Musk just put a solid floor on the value of a used Model S which pretty much guarantees the actual value in the market will be higher. Well played Elon.
    4 Apr 2013, 10:48 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    Wow,
    A 10 Kwh battery. $10,000 added to the hybrid system just for batteries. I guess it makes sense if you want to pretend to be green and Rich.
    3 Apr 2013, 08:33 PM Reply Like
  • jcrjg
    , contributor
    Comments (172) | Send Message
     
    I have been mulling over the conference call and was really struck by the fact that no analysts were on the call. I have only been following Axion for about 6 months but is this normal? Have their been analysts following the company in the past. I thought I remembered analysts on the last call. Any thoughts on why they are no longer following the company especially given the need for capital?
    3 Apr 2013, 09:01 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    They may well have been following the call, it's just that for reason(s) we can't know, none of them (if there were indeed any there listening) chose to ask a question.

     

    We can make of that what we will, but without further info none of it can be definitive...
    3 Apr 2013, 09:11 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    Nano caps like Axion are almost never covered by analysts unless they spring for fee-paid research. There have been a few questions from fund holders in past conference calls, but I don't ever recall a question from a true analyst.
    3 Apr 2013, 09:13 PM Reply Like
  • Ranma
    , contributor
    Comments (1485) | Send Message
     
    The last time a fund holder asked a question was Q2 2012, I believe.
    3 Apr 2013, 09:56 PM Reply Like
  • LT
    , contributor
    Comments (4726) | Send Message
     
    The big boyz are all gone. It's just axionista's now. I include others than what is on this board, but if you own AXPW at this point, you are by default an axionista.
    3 Apr 2013, 09:56 PM Reply Like
  • jcrjg
    , contributor
    Comments (172) | Send Message
     
    I went back and looked at the Q3 conference call and according to the transcript it seems like there were multiple professional investors on that call and only a few people identified as private investors. Maybe there weren't true analysts but professional investors with funds is different from private investors.
    4 Apr 2013, 12:58 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    I've spent three decades working as securities counsel for small companies. That's given me a lot of experience with different classes of investors. Institutions are great in large-cap companies, but when it comes to small companies like Axion I'll take retail investors managing their own money over the professionals eight days a week.

     

    The unfortunate reality is that professional investors rarely consider the impact of their behavior on the market prices of portfolio companies. That's the biggest reason the big uglies drove Axion's stock price into the dirt by trying to force feed the market. Individuals generally have enough sense to know that force feeding the market is a good way to kill it.
    4 Apr 2013, 01:04 PM Reply Like
  • bazooooka
    , contributor
    Comments (2495) | Send Message
     
    JP,
    Would you consider the 2012 placement investors to be "retail"? And what percentage of them do you estimate to still be in Axion?

     

    I ask this in case that's where our bread is buttered again this month; also I assumed Axion's inability to find a pps floor had to do with that group's selling stock (rather than an Axonista exodus).
    4 Apr 2013, 03:51 PM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    There's no way for me to get a handle on who the 2012 buyers were, which makes it hard to classify them. From the FINRA short data, it looks like much of last year's selling came from accounts that are best described as "professionally managed."

     

    By that I mean retail investors who have a close relationship with a broker who tells them what to buy and sell and when to do so. While managed accounts are technically retail holders, they act more like professionals.

     

    The most recent selling has been volatile enough that I think a few holders with a lower tolerance for uncertainty have been on the offer, but the core Axionistas have held firm.
    4 Apr 2013, 04:01 PM Reply Like
  • jcrjg
    , contributor
    Comments (172) | Send Message
     
    John,

     

    There is certainly a lot wrong with the professional investment industry. Right now Axion needs millions of dollars to keep the doors open and that is not going to come from retail investors. So I would like to see some interest from those who can provide the funds that Axion needs now. Maybe it is there and we just can't see it, but i don't see that all of the questions being from private investors as a good sign.

     

    I think most individual investors make their decisions to buy or sell based on the prospects of the return to them and their other uses for the money and not what is good for the company. The difference is that individual investors can't make a big difference in the prospects of the company. I am invested in Axion because, even though I see many problems, I think they have a good technology that can ultimately be produced at a price that will be low enough for some set of customers and the stock price is low enough to compensate for the considerable risk. If any of those things change then I will sell, even if it is bad for the company.
    5 Apr 2013, 07:51 AM Reply Like
  • LT
    , contributor
    Comments (4726) | Send Message
     
    Very well put j ... I have mentioned the way companies are usually funded.
    A guy comes up with an idea,
    sells it to venture capitalists
    they fund it to about where we are now then sell interests to funds
    then it goes public

     

    AXPW is almost opposite, there was a time early on that AXPW sorta followed this, but for various reasons they have sold & it is almost entirely owned by individuals. This has always been a small worry in the back of my mind. There is no incentive for the big boyz to make a group of us rich. Or promote the company.

     

    Mgt. has not done a very good job of cultivating relationships to fill this void.

     

    We all agree that we believe there is a place for the tech. However I believe that mkt. shrinks every year as more competition enters the space. I do believe our expectations are too high.

     

    AXPW has a history of listing partners or affiliates only to see them dissapear into the sunset without any mention or business later. Same with investors. Individuals will ultimately do what you said, buy or sell based on what is in their best interests, not necessarily the company.
    I believe this financing is the last straw for many. They either get it right or I feel things won't get better.
    5 Apr 2013, 08:17 AM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    I don't necessarily disagree with you, but with retail investors the same human being makes a buy decision and a sell decision. That's frequently not the case with professionals because money managers change jobs. Many of the big uglies that sold so relentlessly over the last couple years became problems in the first place because the fund manager who bought Axion moved on to another job and a successor decided to sell because Axion didn't fit his personal investment style or the position was simply too small to fool with.

     

    Professionals also buy and sell differently. Where retail tends buy and sell opportunistically even if it takes a while to enter or exit a position, the professionals generally make an in or out decision and don't worry about saving a couple pennies one way or the other on stocks that frequently represent a fraction of one percent of their portfolio.
    5 Apr 2013, 08:35 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2543) | Send Message
     
    "We all agree that we believe there is a place for the tech. However I believe that mkt. shrinks every year as more competition enters the space. I do believe our expectations are too high."

     

    It's been hard to read the board lately as I want to get diarrhea of the mouth on a long rant b/c I am getting very frustrated. Sometimes I write a rant and then delete it because whats the point - I'm not really bringing anything of value except feeling a little better for venting.

     

    I don't necessarily think the market is shrinking as more competitors enter. I actually feel like many potential competitors that were far enough along to be near term competitors are going extinct. See lithium ion space.

     

    Unfortunately, my gut initial gut instinct told me that there would be about 200M shares outstanding before Axion was really rolling and the number of shares outstanding definitely does affect what the expectations for future price appreciation should be.

     

    "AXPW has a history of listing partners or affiliates only to see them dissapear"

     

    This has always concerned me and been a reason that I like TG to verbally confirm that certain relationships still exist and are proceeding as planned on CCs.
    5 Apr 2013, 08:46 AM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    Sales will cure all ills. Once PbCs are in place somewhere, anywhere, making real money for their owner, the investing world will finally see PbC as more than a nice science project.
    5 Apr 2013, 08:57 AM Reply Like
  • D-inv
    , contributor
    Comments (4003) | Send Message
     
    "I believe this financing is the last straw for many. They either get it right or I feel things won't get better. "

     

    I don't think "things" will get better without significant PbC sales.

     

    SELL the DAMN PRODUCT at a profitable price and financing will not be a problem.
    5 Apr 2013, 08:59 AM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    LT> You're sounding more and more like the Brand X trolls with each passing day. I think you'd probably be happier if you just moved on and spared us your twisted descriptions of history and the market for Axion's products.
    5 Apr 2013, 09:00 AM Reply Like
  • MitchS
    , contributor
    Comments (47) | Send Message
     
    LT and D-inv,

     

    Well said. I concur wholeheartedly. Unless the PbC quickly transforms from vapor to revenue, there can be only one outcome for Axion and our invested capital.

     

    John,

     

    Your disparaging remarks are ultimately not helpful. All valid viewpoints, regardless of tenor, should be accepted into this discourse. I find all (non-political) comments on this board, be they positive, negative, or misleading, to be helpful in researching Axion corporation to determine its purpose and fate.

     

    Mitch
    5 Apr 2013, 09:29 AM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    I should have added that such sales appear tantalizingly close now...
    5 Apr 2013, 09:38 AM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    Mitch> It's a character flaw of mine. I pay attention to what people say and how they behave over time. After a while it gets pretty easy to identify posters who want to disrupt conversation and cast a negative light on every development. The mere fact that trollish behavior is more restrained in this forum than it is on Brand X does not mean it's absent.
    5 Apr 2013, 09:44 AM Reply Like
  • MitchS
    , contributor
    Comments (47) | Send Message
     
    John,

     

    I agree. I'd also like to add that deceptive remarks are not absent from this forum either.

     

    48',
    I hope the tantalizing sales are not literally tantalizing (emphasis mine):

     

    tan·ta·lize
    to tease or torment by or as if by presenting something desirable to the view but CONTINUALLY KEEPING IT OUT OF REACH
    http://bit.ly/XhIzKM
    5 Apr 2013, 09:52 AM Reply Like
  • LT
    , contributor
    Comments (4726) | Send Message
     
    JP, you and everyone on this board knows I am not a troll & I do not appreciate that insinuation. There are plenty of others here who feel the same way that I do.

     

    Just because I don't get caught up in all the hype, doesn't mean everything is totally negative.
    5 Apr 2013, 09:55 AM Reply Like
  • John Petersen
    , contributor
    Comments (29700) | Send Message
     
    LT> I know nothing of the sort and I do pay attention to patterns over time.

     

    Mitch> We all use less than artful phrasing from time to time. The posters who concern me are the ones who are consistently less than artful and consistently negative or damning with faint praise.
    5 Apr 2013, 09:59 AM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    Mitch, I knew the double-edged nature of the word, and used it purposefully. Such is just the state we are in right now. Sales appeared to be near as well a year ago when the NS order and achievement of the Powercube were both still so fresh in our heads...today's seeming proximity could likewise prove illusory. But nevertheless we *are* closer to some definitive resolution. We will reach and reach and reach and reach, but one day at last we shall grasp. Either that, or the PbC just turns out to be so fatally flawed somehow that all the efforts on the part of so many, all the testing and validation done far and wide, all the long trudging climb upwards--the millions spent, the toil, tears, years, and sweat of so many talented people, that will all have been for naught and in vain. And if it comes to that, we'll only be able to ask: "how could so many have been so wrong for so long about so much?" Which will need quite an answer yes. But really, as we've watched this world unfold, the trends, the reversals, the twists and turns, but above all the long slow march...do we really think that's what's going to happen? That the PbC never finds a home? I don't think so. Yet, in spite of all faith, however grounded in solid belief, our present situation persists... it is and has been a long test, probably to be longer still...with no certainty, and until the end, our 'torment' won't be resolved... until it is.
    5 Apr 2013, 10:16 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    OT: but a few of you might find interesting

     

    "GFES has some 70 hydraulic fracturing "fracking" pumps operating using second-hand military jet engines that once powered army Chinook helicopters and U.S. Navy LCAC landing hovercraft."

     

    http://reut.rs/16pMoOT
    3 Apr 2013, 09:22 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    If you need copious power in a light/small package, fuel consumption rate be damned, nothing beats a turbine engine...
    3 Apr 2013, 10:19 PM Reply Like
  • iindelco
    , contributor
    Comments (8986) | Send Message
     
    WTB, Repurposing! I'm a fan. ;)
    4 Apr 2013, 01:51 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    http://cbsloc.al/10Ab6ZQ

     

    you may not be interested in hybrids, but hybrids are interested in you...
    3 Apr 2013, 10:20 PM Reply Like
  • 481086
    , contributor
    Comments (3343) | Send Message
     
    http://reut.rs/16pXXWq

     

    Add tapdancer to his list of skills...
    3 Apr 2013, 10:33 PM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    mm
    Monthly sales and stuff.
    Despite early suggestions to the contrary.
    The months big seller was the Leaf.
    As I've reported the Leaf was being sold down while they started production in the US plant.
    I noticed that they had 17xx cars around the 17th of March which is about as high as I've ever seen it. April 1 it had 2,300 Leafs.
    I thought next month might also have a higher than normal rate of sales but I now doubt it. (about 80 are 2011 and 12s).

     

    Many Leafs and other BEVs are being given cheap leases.
    (Money losing leases)
    Tesla may have had the most actual sales however they pulled sales forward to get a positive Q. Which they reportedly did last Q as well, so the net effect is anyone's guess.

     

    Chevrolet Volt: 1,478 Volts were sold down from 1,626 a $3,000 dealer discount has been implemented.

     

    Model S sales. Insideevs has 2,150 Hybrid-cars-Dashboard estimates 1,950.

     

    Ford
    Fusion Energi: at 295 units
    C-Max Energi: at 494
    Focus Electric: at 180

     

    Honda
    Accord Plug-In: 26
    Fit EV: 23 The Fits 2nd best selling month and equals the previous two months together.

     

    Toyota RAV4 EV: March was the best result to date for Toyota’s electric SUV, with 133 plug-ins sold.

     

    In February, only 54 plug-in SUVs were sold.

     

    Toyota
    Prius Plug-In: 786
    With 693 in February, and 874 in January.
    The Plug in Prius started selling in March 2012 (10 months) last year and averaged over 1,200 a month for those 10 Months. This March's sales are below last March by 11.8%

     

    Rav4
    In Jan Sold 25
    Had a dealer discount in Feb of $5,000 and sold 54
    A discount of $10,000 for March, with 0% financing = 133 sold in March.
    That discount, Plus federal and state incentives means consumers in California are getting a total of $20,000 of the Toyota’s MSRP price of $49,800.

     

    I'll talk about the I-MiEV In a moment . No Not about the battery problems.

     

    Of the vehicles with a plug that were available last year in March.
    Leaf
    Chevrolet Volt
    Prius PHV
    BMW Active E
    Smart ED
    Mitsubishi i

     

    Only the Leaf exceeded March 2012 sales and it is up for the year as well. How much of this is sales versus low money losing leases is unknown to me.
    As to the Volt If you exclude Jan last years (603 Which appears to have been an aberration) sales averaged over 2,000 a month in 2012 (4,244 for 3 months so far this year).

     

    Prius PHV Was also down but not available for the first few months so a few more month will be need for a comparison.

     

    BMW Active E appears to have disappeared from the scene. No sales have been announced for months.

     

    Smart ED Also has had no sales for three or four months but a new version is expected in April. And the company expects lots of demand for reasons unexplained.

     

    Mitsubishi i-MiEV sold 31 Probably all leased during the month.
    Mitsubishi has stated they will not come up with a new version.
    They have also made a very low lease ($69/month)They do not appear to be sending any more I Mevs to the US. I mentioned a stealth withdrawal a month or two ago which appears to be correct.
    February, sold 337
    January 257
    Last year 588
    There is no 2013 model at least in the US.

     

    Shortly before the i-MiEV battery problem I ran into this article.

     

    Global Sales of Mitsubishi i-MiEV Exceed 33,000 Units; EV Enters Malaysia as Country’s First Production Electric Vehicle

     

    Not exactly what I would expect from a company killing off their BEV program.
    I am guessing rather than putting money needed to compete in an otherwise money losing area. Meaning the US. Mitsubishi is going elsewhere with less competition in an effort to optimize the money they put into the i-MiEV and not put any more in.
    I assume they don't need it as a compliance car at present.

     

    Other opinions?
    4 Apr 2013, 08:27 AM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    Canadian sales of Plug-in vehicles for February (Not March)

     

    Chevy Volt: 51
    Nissan LEAF: 37
    Toyota Prius Plug-In Hybrid: 25
    Mitsubishi i-MiEV: 5

     

    They found 12 Teslas were registered.

     

    In February, all told, there were about 130 sold.
    http://bit.ly/10yAH6K
    4 Apr 2013, 08:37 AM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    Froggey,
    Very thorough update. I thank you for the analysis.
    It seems safe to say that the hybrid is being accepted faster than the EV. I personally include the Volt as a hybrid, although it is a range extended EV.

     

    If we could just find the right and proper use for the PbC in a hybrid. GM where are you?
    4 Apr 2013, 08:40 AM Reply Like
  • froggey77
    , contributor
    Comments (2768) | Send Message
     
    Futurist
    A hybrid is doable. We've talked about this in the past.
    If I recall correctly around or less than 100lbs penalty on a Prius and cheaper.
    A PHEV with enough range to get credit? Probably not, too much weight.

     

    I would like to follow Elon's idea of having them under the floor. Narrower though.
    (Would require some thing a lot higher than average or a shape change of the PbC.)
    4 Apr 2013, 08:04 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Playing on the home field ...

     

    3/6/2013: Flathead Electric Co-op and Zinc Air Sign Deal for Battery Installation

     

    http://bit.ly/13U7sS1

     

    "Zinc Air is delivering its first field installations this year with its first commercial deployments in 2014. The energy storage systems will be used primarily for smart grid applications and renewable integration of wind and solar"

     

    According to the technology page here:
    http://bit.ly/10BjRmh
    they're focused on Grid storage, but it's a flow battery that uses Zinc, not what you might suspect from the company name

     

    "Delivering a 1MW /2MWh battery system at 2-3 times lower pricing than our current competition".

     

    Not paid yet ... seems like a "demonstrator."

     

    More tech details, and a generally good review of the need for grid storage here:

     

    http://bit.ly/13U7qJO

     

    "ZAI’s zinc – iron flow battery consists of a zinc / zincate anode, a cathodic iron anion complex in an aqueous alkaline supporting electrolyte, and proprietary high efficiency electrodes in a stack configuration that allows parallel electrolyte feeds without significant shunt loss"

     

    Got started on them here:

     

    Should YOU be in the energy storage business? One Montana co-op is testing the waters

     

    http://bit.ly/10BjRmj

     

    which makes this point:

     

    "I am concerned that utilities are ceding too much territory to other companies. They are letting other companies install and manage solar PV; other companies install and manage microgrids; other companies manage energy efficiency and demand response programs. That's why I was glad to hear of a co-op that is partnering on energy storage rather than letting somebody else do it."

     

    and points to this article with more details on the installation:

     

    Mont. Co-op to Test Battery Storage
    By Derrill Holly | ECT Staff Writer
    Published: March 26th, 2013

     

    http://bit.ly/13U7sS7

     

    "The co-op is picking up the cost of the metering and the company will supply and maintain its storage system. Both organizations will monitor and share the data collected during the test period, Sugden said"
    4 Apr 2013, 09:11 AM Reply Like
  • wtblanchard
    , contributor<