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  • Axion Power Concentrator 227: April 11: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond 255 comments
    Apr 11, 2013 7:15 AM | about stocks: AXPW

    Latest News, Articles and Presentations...

    Axion Power on Panel at Energy Storage Economics 2.0 for New YOrk City and Beyond --

    The developer of advanced lead-carbon PbC® batteries and energy storage systems, announced its Senior Vice President of Sales and Marketing, Vani Dantam, has been invited to participate as a panel expert on energy storage, at the upcoming AGRION event in NYC.

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

    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.

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    Axion Power Weighted Moving Average Prices and Volume:

    The 10-, 20-, 50- 100- and 200-day averages stacked up in proper order from lowest to highest, which sets the ground for a rally when an event comes along.

    (click to enlarge)

    (click to enlarge)

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    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)

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    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 »

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Comments (255)
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  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    First. And on my birthday. What a fine gift from all of you.
    11 Apr 2013, 07:20 AM Reply Like
  • Amouna
    , contributor
    Comments (1633) | Send Message
     
    Happy birthday!
    11 Apr 2013, 07:37 AM Reply Like
  • carlosgaviria
    , contributor
    Comments (799) | Send Message
     
    PRIMERO?
    11 Apr 2013, 07:20 AM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    Seconds ahead of you Carlos. Just by a few seconds. As fast as the "cube" behind the meter
    11 Apr 2013, 07:22 AM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    We're approaching an interesting milepost in the history of the APC. The cumulative comment total stands at 49,157. I'm expecting it to cross the 50,000 mark before the end of the month, probably around the 20th.
    11 Apr 2013, 07:24 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    04/10/2013: EOD stuff partially copied from instablog (up shortly).
    # Trds: 27, MinTrSz: 630, MaxTrSz: 20000, Vol 106016, AvTrSz: 3927
    Min. Pr: 0.2605, Max Pr: 0.2669, VW Avg. Tr. Pr: 0.2630
    # Buys, Shares: 10 25530, VW Avg Buy Pr: 0.2641
    # Sells, Shares: 17 80486, VW Avg Sell Pr: 0.2626
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:3.15 (24.1% “buys”), DlyShts 10900 (10.28%), Dly Sht % of 'sells' 13.54%

     

    Still in the same boat. We're getting reducing volume again, VWAP a bit weaker but still ”flat”, buy percentage retreating a bit again as sellers continue unabated dumping. Average trade size at the lower end of what I think is retail. But it is still in the uptrend denoted by the trend lines I added to my chart, so there's a glimmer of hope there.

     

    My original inflection point calculations gave up a little of the improvement in the shorter-term calculations, but can't say if the improving trend is broken yet or this is just normal variation within trend that started a few days ago. My newer versions are about the same but show slightly less deterioration, as would be expected since one of its purposes was to be a bit less “flaky” than the original.

     

    Of the bids and ask changes I happened to capture, after the open the up and down moves on the bids were evenly split at five each with one unchanged. On the asks it was similar at three each way and four cases of unchanged. The overall trend on the bids was up through around 11:15 and then weakening thereafter. The asks were similar through about 11:00 and then went flat at $0.2639 for almost the whole rest of the day. So today's slight weakening of price came from a change in buyer behavior: they didn't push bids up while the sellers continued to be willing to satisfy folks at reduced prices.

     

    I saw my first signs, after market close, that we might hit $0.25xx today. Nothing strong, but the best bid for a while was in the $0.25 range. Those bids have been there for a long time, but generally the better bids left after close have been above those. This is very ephemeral as far as “signs” go, so I don't know if it deserves any true consideration or not.

     

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

     

    HardToLove
    EDIT: Up through 1:15 s/b 11:15, changed it.
    11 Apr 2013, 07:39 AM Reply Like
  • LT
    , contributor
    Comments (5072) | Send Message
     
    HTL, to follow up on your TA and the last post you made on the previous APC,, I agree with you that now would be the perfect time for something big.
    It would sorta blindside most investors. That's usually the way the mkt sets things up. See NVAX, BCRX lately for examples. The china flu was the catalyst for these biotechs, and a sale, partner, and .. this is getting close to when BMW starts making some announcements as to next years models (usually summer)...so a fleet test to use that inventory could be in the works. Fingers crossed.
    I have been keeping your scenario in my mind for the past month. If for no other reason, I can't imagine why TG waited so long for the raise. The small pieces are in place as you mentioned. Lease, mgt. contracts, etc.
    11 Apr 2013, 07:57 AM Reply Like
  • carlosgaviria
    , contributor
    Comments (799) | Send Message
     
    Futurist:

     

    FELIZ CUMPLEAÑOS!!!!!

     

    Have a nice day-Carlos
    11 Apr 2013, 07:39 AM Reply Like
  • axion-nl
    , contributor
    Comments (179) | Send Message
     
    congrats Futurist, lets hope Axion gives you a nice present!
    11 Apr 2013, 07:45 AM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    That would be sweet, Axion-nl, that would be sweet.
    11 Apr 2013, 07:53 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    -Ouch. Someone needs a hug.

     

    Japan carmakers recall 3.4 million vehicles for Takata airbag flaw

     

    - Double ouch, Cancel the hug and sharpen the sword. (Someone made a statement about how you can't be sure you've fixed the problem if you haven't identified what the problem is. May have been Jack Lifton on another board. A perfect example.) Anyway, this is an example of why you test test test. And yet sometimes....

     

    "Between 2008 and 2011, Honda Motor Co was forced to recall about 2.8 million vehicles after finding a defect with driver-side airbags supplied by Takata.

     

    "When the last recall took place, we inspected everything such as the site of manufacturing, but we were not able to identify this problem," said Hideyuki Matsumoto, another spokesman for Takata."

     

    http://yhoo.it/Zjd2pu
    11 Apr 2013, 09:08 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    Since all we can do at this point is engage in mindless speculation, I thought I would speculate at what the headline to announce the financing or strategic partner would look like. Here is my WAG:

     

    "East Penn to buy 50% stake in AXPW for $28M"
    11 Apr 2013, 09:18 AM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    Gotta commend you for the effort NGS, but looks like you dropped a zero there... or added one. ;)

     

    But as stated doubt it would ever make it out of a conference room, let alone onto a headline...
    11 Apr 2013, 09:29 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    Personally, I would be happy with a deal like that, but I realize most of you have a much higher cost basis to recover than I do.
    11 Apr 2013, 10:17 AM Reply Like
  • nakedjaybird
    , contributor
    Comments (2794) | Send Message
     
    How about 80 million shares at $.15 for $12 million bucks as a 40% owner?????

     

    And it could be ANYONE.
    11 Apr 2013, 10:19 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    $.15 a share? Ouch. I'd prefer it to be a company with a strategic interest in lead-carbon technology. If it was just ANY investor, the shares bought that cheap would soon be flooding the market, hurting us more than helping us.
    11 Apr 2013, 10:26 AM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    At year end there were 200 million authorized shares with 113 million shares outstanding and 16 million shares reserved for future issuance upon the exercise options and warrants. A total of 5.2 million Quercus warrants have already expired and the final 4.8 million warrant block expires at the end of June. It would be very hard for Axion to issue more than 70 million shares without bumping up against one or more corporate limits.
    11 Apr 2013, 10:33 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    NJB, If you think that's a higher probability I hope you're just watching and not playing.

     

    I personally don't think that the tech. and the level of validation in the markets targeted deserve such a level of attention.
    11 Apr 2013, 10:33 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    NGS: "mindless speculation"

     

    I mindlessly OBJECT. ;-))

     

    I think our speculation is quite mindful and has, on occasion, led to some good predictions.

     

    HardToLove
    11 Apr 2013, 10:36 AM Reply Like
  • nakedjaybird
    , contributor
    Comments (2794) | Send Message
     
    As I mentioned long ago, I'm keeping some powder dry for the worst case which becomes more probable day by day, sorry to say.

     

    No lipstick here.
    11 Apr 2013, 11:46 AM Reply Like
  • nakedjaybird
    , contributor
    Comments (2794) | Send Message
     
    Indelco - point #2: personal thoughts regarding facts don't necessarily make the market price. Wishful thinking is what most speculation is about, sometimes even surrounded by FACTS..
    11 Apr 2013, 11:57 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Understood on all points NJB. Nothing wrong with keeping a little ammo around when you're on the hunt for a buck. I've been watching a few times when one has jumped out and all I've had was empty casings! ;)

     

    And your opportunity for a good broad side shot is looking better by the day. More due to human emotions than data. Yep, That's a big part of investing for sure.
    11 Apr 2013, 12:21 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    Just FYI: Saw a brief flash of an offer of 188MM shares at $0.2629 go by around 10:25, ATDF I *think*. It was immediately masked by a return of the $0.2625 offer or was withdrawn - don't know which.

     

    That was a higher price than what was current just before, $0.2625, where it's been all morning so far.

     

    HardToLove
    EDIT: IT'S BACK NOW!
    11 Apr 2013, 10:40 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    HTL, A "smooth" exit or a last hurrah to keep the price in check?

     

    Nothing like throwing out a block that exceeds the daily volume of late. ;)
    11 Apr 2013, 10:59 AM Reply Like
  • mrholty
    , contributor
    Comments (1038) | Send Message
     
    If one assumes that its a screwup but maybe 188M will be the final share count after new issuance.

     

    188-113-16 = 59M share issuance. @ .2629 would be just over $15M. If true its more shares than I hoped for but I'd be happy with the amount as its more than a $10M keep the lights on cost. I think we see something soon.
    11 Apr 2013, 11:11 AM Reply Like
  • Amouna
    , contributor
    Comments (1633) | Send Message
     
    What is taking TG so long to announce that he found a financing?
    I am frustrated here because markets are going up, everything I touch seems to be going downhill, been holding at AXPW for the last 2 years and initially it seemed I could stomach the downturn much better, but now my patience is being tested. In hindsight and with the benefit of experience, older and wiser investors have already been down this path but I am only 31 and having gone the unconventional route of trying to find hidden investment gems is taking its toll on me. Sorry for the long rant, but I am growing tired of the "minimum PR" policy of axion...
    11 Apr 2013, 11:38 AM Reply Like
  • nakedjaybird
    , contributor
    Comments (2794) | Send Message
     
    Such is speculation!!!!
    11 Apr 2013, 11:49 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    Capstone Continues to Expand Reach in China Market With Three Orders From Oil & Gas Sector

     

    CHATSWORTH, Calif., April 11, 2013

     

    http://bit.ly/16PCesT;highlight=

     

    "Top-Well Petroleum Technologies, Capstone's oil and gas distributor in China, received the orders for the units from two Chinese oil and gas producers. The units, which are fueled by well-head gas, will generate reliable, low-emission electricity. The clean-and-green onsite electricity produced by the Capstone C30s, C65s and C200s will power the production equipment."
    11 Apr 2013, 12:34 PM Reply Like
  • D Lane
    , contributor
    Comments (1368) | Send Message
     
    Amouna,
    Thanks for sharing.
    I don't have any money on AXPW that I can't afford to lose. I hope you are in that same boat. If not, I recommend it.

     

    That said, I do think that anyone buying today has the risk/reward balance in their favor.
    11 Apr 2013, 12:36 PM Reply Like
  • Amouna
    , contributor
    Comments (1633) | Send Message
     
    D Lane,

     

    My entry point is not high compared to people who got in before 2011, but it is all the pent up frustration I have been accumulating while seeing progress at a snail's pace that I had to let go! Add to that I am currently looking for a job, it is not easy staying at home and only focusing on my investments :)

     

    Thanks for listening
    A
    11 Apr 2013, 12:41 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    I can afford to lose my AXPW money but it means starting over again, which I've done many times whether due to investments or not. When I was in my early 20's I thought that was no big deal. Now I feel like I'm falling behind my peers. What I really want to do is to quit my job and work on a start up product, but until this uncertainty clears I cannot take any risks. It's starting to get frustrating being strung along for month after month. I know, the real reason is because I took too my risk for myself. This should have been a sock drawer type investment. But I bought the hype and now can only hope that TG and others are not just full of hot air.
    11 Apr 2013, 12:53 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Guys, Just remember Axion has been up to this point a development stage company. They now, from what we can see, have a manufacturing process that's far closer to scalable than we've seen in the past. They also have impressive interested parties that have followed them for some time during their development stage. These are things that deserve due consideration as you think about why you're here.

     

    Is it easy investing in this level of company? Heck no. You just don't have the data you'd have with a well established business to have as firm a conviction of what the outcome will be over the short to medium term. That's what investing in development stage companies is all about. And that's why it's harder for these entities to raise capital. Markets assign risk premiums to access their capital and they will point out every one to get as much as they can for their participation.

     

    Just make sure you take some time to weigh what you've seen in Axion's progress and use some of the thoughts we throw around here to balance your opinion. I don't give investment advice other than to say take your time to weigh what you really have and what your needs are before you make adjustments. Emotions are a hard thing to manage when it comes to investing but they really should have no part in the decision making process. Unfortunately they far too often do. We're human.
    11 Apr 2013, 02:04 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    Redflow (Australian ZBB Zinc-Bromide Flow Battery competitor) continues in the demonstration phase

     

    Renewable energy battery storage system
    http://bit.ly/XuxxSG

     

    "RedFlow has received $3 million of support under the Federal Government’s R&D Tax Incentive, which provides tax offsets to encourage more small companies to engage in research and development. The company also received additional payment to develop small residential-scale systems that have been installed in the government’s Smart Grid, Smart Cities trial in Sydney.

     

    ...

     

    Later this year, the campus will also play host to a larger system boasting 36 ZBMs and a 120kW power output with 360kWh of capacity"
    11 Apr 2013, 12:41 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    BYD, not just for buses, sees a market in Australia too:

     

    China’s BYD enters Australian home energy storage market

     

    http://bit.ly/Zk2oP9

     

    "BYD said the recent decrease of the various feed in tariffs across Australia, and continuing rises in electricity prices meant Australian householders installing Solar PV on their homes or business were looking to use storage systems."
    11 Apr 2013, 05:14 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    JP?

     

    Would Axion's change to Commercial Enterprise from R&D Enterprise change any Due Dilligence requirements for an offering ... be it strategic investor or the previous group of Usual Suspects?
    11 Apr 2013, 12:45 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    Due diligence is due diligence regardless of the development stage. That being said, the process is quicker when you're dealing with somebody who needs to update existing files than it is with somebody who needs to create new ones.
    11 Apr 2013, 12:52 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    Budget Proposals breaking out all over; Lord knows how decisions are actually made these days, and whether anyone is willing to pay for anything.

     

    Our favorite Congress-Critter is heard from.

     

    Obama administration proposes $77 billion USDOT budget for FY2014

     

    http://bit.ly/150KjfY

     

    "The budget does not include funds for freight railroads to implement PTC. In addition, it cuts funding for the Diesel Emissions Reduction Act — which some freight railroads use to retrofit locomotives — by 70 percent, from $20 million in FY2013 to $6 million in FY2014.

     

    "This proposed budget virtually eliminates a valuable and proven means of emissions reductions to many non-attainment areas," said Diesel Technology Forum Executive Director Allen Schaeffer.

     

    ...

     

    House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) acknowledged the Administration's continued commitment to infrastructure investment, but expressed concern about how those investments will be funded."
    11 Apr 2013, 01:02 PM Reply Like
  • LT
    , contributor
    Comments (5072) | Send Message
     
    Everyone wants a balanced budget, and these are the types of programs that get cut first. So far, it looks like across cuts of some type with more to follow IMO>
    11 Apr 2013, 01:05 PM Reply Like
  • JohnM121
    , contributor
    Comments (407) | Send Message
     
    It's always a problem if you rely on Government. Why should a rail company reduce diesel emission now when the program may be put on hold. If they wait they can reduce it later from a bigger base level, and maybe get paid to do it. Not to mention coal shipments are down, and perhaps capital budgets have been reduced proportionally more. We're all counting the days, NS is counting the years.

     

    There are other irons heating up,
    11 Apr 2013, 02:41 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Well at least NSC's stock is doing well of late. All those savers toasted by the fed are running for yield. So they have access to capital.
    11 Apr 2013, 02:52 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1027) | Send Message
     
    "Why should a rail company reduce diesel emission now when the program may be put on hold. If they wait they can reduce it later from a bigger base level, and maybe get paid to do it."

     

    I would think it will become a no-brainer for NS to reduce emissions NOW using the PbC, because its short ROI will save them tons of money. Why wait for a government program that might never come, a strategy which might only theoretically save them money?
    11 Apr 2013, 03:51 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    EPA regulations on railroad diesel emissions take effect in 2015 and they're a far bigger issue than the availability of a little free money.
    11 Apr 2013, 03:57 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (738) | Send Message
     
    Besides that,

     

    If NSC waits too long it might end up having to buy its PbC batteries at a much higher price from the new owners of AXION.

     

    Better to support the company NOW rather than risk supply/cost issues later.

     

    Of course we the shareholders are in the greatest danger should TG no be able to find the necessary funding.

     

    I continue to be very long and will not sell because I believe in the product and I'm stubborn, but sheesh some good news would be very helpful!
    11 Apr 2013, 06:06 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    I just can't imagine TG would be taking us through this rolling-pin massage without darn good reason. We all want to think it must be a happy reason. But it might not be. Yet still, stepping back a bit, other than for the need of this raise, it just doesn't seem like dour or gloomy times for Axion the company. I'm just not getting that death-spiral vibe, ya know? Anybody else? But yeah, this time we're having us right now... No, it ain't so fun.
    11 Apr 2013, 06:29 PM Reply Like
  • big_bear
    , contributor
    Comments (53) | Send Message
     
    48.....
    I think the sock drawer philosophy is the best solution right now. Tuck it away and know that we have solid management, lots of prospects (that's all they are at this point other than ePower which is still a few years out before we see any sort of real demand if it pans out), and a promising future. I'm finally learning that nothing happens as fast as I want with this company. No one is in a rush to put it to market.
    Management is not concerned about share price. They want to keep the lights on. If anything happens prior to 2015, it would be a pleasant surprise but after 4 years of reading the concentrators every single day, I have to constantly remind myself that this is a long road, longer than I expected. But I still believe in management and I still believe in the concept of the technology. The timing is out of our hands.....but I agree, "it ain't so fun."
    11 Apr 2013, 11:46 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    I let my frustration show. It has less to do with Axion stock than the fact that I am overleveraged which prevents me from leaving my job to pursue something better. I recognize all the progress Axion has made, but I have old memories of hot air CEOs haunting me also.
    12 Apr 2013, 01:14 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    big_bear
    You've expressed my sentiments exactly. I have given up on speculation, as all my speculation has been spectacularly wrong, but do believe in the long term prospects. However, in order to contradict myself, I will speculate that the BOD is okay with TG's efforts to find a strategic investor as they extended his contract. The next few weeks should make for a lot of tension on this board.

     

    TG, to satisfy Axionistas, is practicing this presentation style for AGM.
    http://bit.ly/OPBpXS

     

    FWIW: I'm okay with TG the way he is.
    12 Apr 2013, 05:05 AM Reply Like
  • greentongue
    , contributor
    Comments (878) | Send Message
     
    When a rising tide lifts all boats, sad to find your's has a leak in the bottom.
    11 Apr 2013, 01:50 PM Reply Like
  • dlmca
    , contributor
    Comments (358) | Send Message
     
    On share dilution - remember management are going to be effected too

     

    With what they have been endured - they want and are undoubtedly driven to see this through

     

    That said keeping their salaries going may also be important

     

    JP - 71 today. 1 under. Nice round. Just where do you find the time for all these pursuits
    11 Apr 2013, 03:57 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    AMC (after market close): 16:03 50K @ $0.26. At 16:02 there was no bid or ask at this price. So, we have a "behind the curtain" trade? Maybe not. 16:03 a bid @ $0.26x2.5K appeared. I couldn't catch the MM, but I assume it was one of those that habitually post "standard" block bids and asks.

     

    EDIT: the higher bids at 16:02 also went away with that trade, $0.2602x2.5K from PERT.

     

    HardToLove
    11 Apr 2013, 04:10 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    Axion not risky or not enough action enough for you bunky?

     

    Clean Technia is here for you.

     

    Grid-Tie Solar + Power Outage Backup!

     

    "This is possible using a combination of a switch, solar panels, and batteries, and the EnergyBridge solar generator is an example of just this. The EnergyBridge is currently on Kickstarter, trying to raise money for Underwriters Laboratory (UL) safety testing to hopefully receive a UL 1741 certification."

     

    http://bit.ly/151fhVi

     

    No UL, but they've got a price: $950

     

    http://bit.ly/16Q49ch

     

    "Why Athena Energy?

     

    Because you want quality. Athena Energy's products are manufactured in the USA and Caribbean."

     

    Kickstarter: http://kck.st/10XhFHz

     

    Got Island?
    11 Apr 2013, 04:20 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Not risky enough yet. Short of jumping off a cliff flapping your arms try this on for size.

     

    The Velkess Flywheel: A more flexible energy storage technology

     

    "A new Kickstarter project called Velkess (Very Large Kinetic Energy Storage System) has recently gotten underway to bring an inexpensive flywheel to market."

     

    http://bit.ly/12QztsJ
    12 Apr 2013, 08:39 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    I note they talk of lifetime longer than LAB. I wonder if it's longer than PbC? If the two are in the same range, then cost, footprint, maintenance and other performance factors might carry the day one way or the other.

     

    I never see discussed, but it should be a factor, is down time when some failure occurs or maintenance is needed. I think I know who wins in that case.

     

    HardToLove
    12 Apr 2013, 08:52 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    HTL, Didn't see any talk of efficiency either.
    12 Apr 2013, 09:20 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    Iindelco: they mention <= 2% losses due to magnetic bearings and vacuum environment.

     

    That seems pretty decent if commercial versions can attain that. However, I expect there has to be some losses in the motor/generator, albeit quite small?

     

    HardToLove
    12 Apr 2013, 09:46 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    jveal posted this back in concentrator 115.

     

    NDW Rolls out Energy Saving Smart Grid Pilot Program

     

    http://bit.ly/YOSofg

     

    Here's a video on the building w/ the install at the end.

     

    NDW Smart Grid Pilot Program Helps Region Save Energy

     

    http://bit.ly/XG3b1T

     

    EDIT: Don't know if this was posted but it seems this was presented to FERC officials.

     

    NDW presents Smart Grid pilot to FERC officials

     

    http://1.usa.gov/10XFXB8

     

    At the bottom it mentions a Facebook page.
    11 Apr 2013, 06:27 PM Reply Like
  • jveal
    , contributor
    Comments (658) | Send Message
     
    iindelco,

     

    I followed up on some of your links and got a glimpse of how involved the Navy has become in smart grid research. The only problem is that it is very difficult to come across details of the systems such as battery storage, much less the brand of batteries. It does continue to give hope of a surprise contract or sale in the near future. We know that the Navy is testing Axion batteries and controls. It is in the hands of the technology itself to win the sale. If Axion beats out the competition, it could be a very big sale!
    11 Apr 2013, 08:10 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Jveal, I hold out the most hope in this sector vs utilities for PowerCube type apps. I'm all but writing off utilities for the short to medium term. Behind the meter is also a possibility but I also consider this less probable than something for the military.
    12 Apr 2013, 01:36 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    04/11/2013: EOD stuff partially copied from instablog (up in the A.M).
    # Trds: 23, MinTrSz: 400, MaxTrSz: 50000, Vol 196890, AvTrSz: 8560
    Min. Pr: 0.2600, Max Pr: 0.2629, VW Avg. Tr. Pr: 0.2610
    # Buys, Shares: 12 63900, VW Avg Buy Pr: 0.2622
    # Sells, Shares: 11 132990,VW Avg Sell Pr: 0.2605
    # Unkn, Shares: 0 0,VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:2.08 (32.5% “buys”), DlyShts 0 (00.00%), Dly Sht % of 'sells' 0.00%

     

    An AH 50K trade is not included in the FINRA data. Including that in the
    volume has no effect because reported short sales were zero. If we also include
    it in short sales, the short percentage moves to 25.39%. However, with the recent daily short sales so low, there's no reason to believe these were a short sale.

     

    Without that trade, buy:sell would be 43.5% “buys” and the average trade size would be in the upper-mid range of what I believe is “retail”. With it the average trade size is above what I believe to be typical retail sizes. Is all this a result of the “last gasp” exit by the sellers? Recall yesterday I suspected we might hit $0.25xx today. Didn't quite make it, but not from lack of trying. You can see from the buys and sells lines above that the sellers hit the bids with large trades, as compared to the buys. The sells alone is sufficient to take 2/3rds of the 188K asks we espied from ATDF today. I'd like to think that ends it, but we did see a 39K, and maybe a 120K, offer from UBSS alone today. They may still be out there in the $0.2625/$0.2629 area.

     

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

     

    HardToLove
    11 Apr 2013, 06:40 PM Reply Like
  • Amouna
    , contributor
    Comments (1633) | Send Message
     
    Looks like everything is going on according to plan for TSLA. Could my judgement have been so impaired so as to miss the obvious and underestimate the abilities on wonder boy Musk? Every part of me sees the TSLA proposition as the epitome of everything that is wrong with hyped up companies, but maybe now is the time to revise my judgement.

     

    Any thoughts people?
    11 Apr 2013, 06:46 PM Reply Like
  • LT
    , contributor
    Comments (5072) | Send Message
     
    TSLA ... this is probably the best article on where TSLA has hidden value. Their partners using TSLA parts could be a hidden gem. Do your own DD, as we all know it's pretty well hyped for now.

     

    http://seekingalpha.co...
    11 Apr 2013, 07:25 PM Reply Like
  • futurecartsla
    , contributor
    Comments (434) | Send Message
     
    nothing wrong with hyping the greatest car on the market (Motortrend), is there? Go test drive one and judge for yourself!

     

    Old resistence becomes new support.

     

    good luck with your axpw. I hope it they sell a billion PbC's.
    11 Apr 2013, 11:51 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Amouna
    I use Tesla as a trading vehicle usually Calls 6 weeks to a month before they report then sell calls and get puts about a week before the report and wait for the fall out. I bought on Tuesday about 20 min before Musk tweeted big news and caught part of that. Should have been a lot more but still a big win for me. Anyway Normally I would be in now, I'm just not sure how much disruption of the normal cycle has happened.
    OK
    Musk has 3 more announcements which I believe are to raise the stock price or at least keep it up. The reason IMO is the price of the stock makes a difference to the raise they have set up. Be it a public offering or more likely a private placement. Shortly after the last announcement I will have some puts long enough to cover the report (Date unannounced as yet. Remember they were late with the 10 K.). I may or not be long before that.

     

    PS I consider the long side of Tesla every bit as safe as an investment in bit coins ATM. The short side in the near term is also volatile. Calls and Puts limit loss. No more than you can afford to lose.
    12 Apr 2013, 01:52 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    OT

     

    BMW adopts Axionista technology to mask the start of fleet testing.

     

    http://bit.ly/10XLg3B
    11 Apr 2013, 07:05 PM Reply Like
  • mrholty
    , contributor
    Comments (1038) | Send Message
     
    What is that link to. Its blocked at my work due to being "suspicious:porn"

     

    Must get home to make sure its safe.
    11 Apr 2013, 07:13 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Mr.H, It's a tin foil covered SUV picture. Sorry for the message.
    11 Apr 2013, 07:20 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    Iindelco: Kewl! "I've got to get an new (TF) hat" like that!

     

    HardToLove
    12 Apr 2013, 06:12 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    HTL, On a sunny day you'd be clearing the roads. If you can't be invisible the next best thing is to blind em'!
    12 Apr 2013, 09:23 AM Reply Like
  • mrholty
    , contributor
    Comments (1038) | Send Message
     
    Clearly that is the economical version.

     

    Justin Bieber's chrome Fiskar.

     

    http://aol.it/12TQoqB
    12 Apr 2013, 10:33 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Ahh Mr. H.,

     

    Metal ground plane? Check.

     

    Tinted Windows? Check.

     

    Now they don't know it's me because they can't read my mind or see me!

     

    How many chrome Fiskar's there Beebs. D'oh!
    12 Apr 2013, 10:54 AM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    The fate of tesla hinges on the amount of sustainable demand. It's surely party time now for all them tesla dudes, but that big question remains to be answered... and it will be answered before too long.

     

    The company may survive in the luxury niche, but unless it truly ushers in some kind of sweeping EV revolution, no way does it fulfill all the hopes and dreams people seem to have for it...and the stock.

     

    finally, ISTM their planned mass-market future is all predicated on markedly cheaper, better, and more abundant Li-ion batteries. And that seems to be a fundamentally flawed premise. But then the world has proven astounding lately in its ability to sustain flawed premises. Alas, the market can remain irrational long past our ability to remain sane...
    11 Apr 2013, 07:09 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    I seem to have stumbled onto the TSLA blog again.
    12 Apr 2013, 09:06 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    San Francisco's Exploratorium Museum Set to Open in Its New Home

     

    Designed by EHDD, the 330,000-square-foot waterfront campus is targeting net zero energy.

     

    By Lamar Anderson April 9, 2013

     

    http://bit.ly/16ZExYA

     

    "From its perch over San Francisco Bay, the building harnesses the relatively consistent temperature of the ocean for heating and cooling. Two titanium heat exchangers regulate the temperature of fresh water piped through radiant floor slabs in the main exhibit hall, the second-floor offices, and the new observatory and restaurant at the end of the pier. Plus, the structure’s ample 900-foot span meant the architects could specify the largest building-mounted solar array in San Francisco."
    12 Apr 2013, 09:29 AM Reply Like
  • rupers
    , contributor
    Comments (62) | Send Message
     
    Having lived in San Fran for 3 years, I think they just need to worry about the heating.
    12 Apr 2013, 10:05 PM Reply Like
  • nakedjaybird
    , contributor
    Comments (2794) | Send Message
     
    Nat gas:

     

    In Russia, a complete system can be bought for less than $1,000 at a roadside repair shop in parts of the country where natural gas is commonly used, like the region around Krasnodar.

     

    Natural gas fuel systems in the United States, in contrast, are handled with extraordinary care. High standards are set for the tanks of compressed gas.

     

    An advocacy group, Natural Gas Vehicles for America, estimates certified aftermarket kits are available for about 40 models of cars and trucks and cost $12,000 to $18,000.

     

    http://nyti.ms/16ZYPkV
    12 Apr 2013, 10:48 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    NJB: The cost here is driven higher by the regulatory requirements that, effectively, lock out other than larger outfits. California is a perfect example.

     

    HardToLove
    12 Apr 2013, 11:28 AM Reply Like
  • LT
    , contributor
    Comments (5072) | Send Message
     
    It's no difference than prescription drug pricing. US vs. Canada and overseas.
    Corp's pay zero taxes here, yet make 80% of profits here..that's the regs that need changing. Along with allowing states& fed to negotiate prices.
    12 Apr 2013, 01:13 PM Reply Like
  • nakedjaybird
    , contributor
    Comments (2794) | Send Message
     
    Additionally, with the help of others (some of JP's mantra):

     

    http://bit.ly/ZlHb7y
    12 Apr 2013, 11:00 AM Reply Like
  • Milhouse
    , contributor
    Comments (361) | Send Message
     
    njb,
    That second link you posted is a great article, and a must-read for everyone on this board. Finally someone besides JP is saying that "the emperor wears no clothes!"

     

    from the article:
    "The Leaf’s 660-pound battery pack stores 24kWh of energy, equivalent to 2/3 gallon of gasoline weighing 4 lbs. With this sort of energy density disparity, don’t hold your breath waiting for the Boeing Electric Dreamliner."

     

    Exactly.
    12 Apr 2013, 11:06 AM Reply Like
  • Poul Brandt
    , contributor
    Comments (278) | Send Message
     
    No of followers = 227 = No of concentrators
    12 Apr 2013, 01:13 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1027) | Send Message
     
    I can't help be feel we've been seeing the power of the Axionistas this week, with the pps almost unchanged amidst some of the anxieties about the financing. Sure seems like a lot of steady hands at play.
    12 Apr 2013, 04:10 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    Any time you can read comments expressing a high level of anxiety without having stockholders pushing and shoving around the exits it's a very good sign that the stock is in the hands of solid investors who know what they own and why they own it.
    12 Apr 2013, 04:45 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Wider lithium battery use strains technology - experts

     

    "The understanding of what causes short circuits in lithium-ion batteries and how to prevent them remains murky.

     

    Laurie Florence, principal engineer for the independent safety testing organization UL, said some cells in a battery can withstand a short circuit caused by a nail puncture, but not an internal flaw, perhaps caused by an impurity or other manufacturing issue."
    -
    Maybe If I bang my head harder it will not hurt as much?

     

    "On Wednesday, President Barack Obama proposed a federal budget that would increase the tax credit for buying an electric vehicle to $10,000 from $7,500 to help support sales."
    -
    Ugh oh.

     

    "The widespread use of lithium-ion batteries has also placed pressure on regulators to develop new ways to safely ship them.

     

    "We all know lithium batteries are hazardous materials," said Janet McLaughlin, deputy director of the Federal Aviation Administration's hazardous materials safety programs."

     

    http://reut.rs/XI049s
    12 Apr 2013, 04:45 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    How Long Should a Lithium Ion Battery Survive in an EV?

     

    "Cugnet explained that the lifespan depends mainly on the battery’s temperature, state of charge and charge protocol. Battery performance begins to suffer as soon as the temperature climbs above 86º Fahrenheit. “The higher the temperature, the lower the battery service life,” he said. “A temperature above 86º F affects the battery packs performance instantly and even permanently if it lasts many months like in Middle East countries.”

     

    Cugnet also recommended that electric vehicle owners pay attention to how much their battery is charged, another factor in a battery’s longevity. He reported that a fully charged battery is more vulnerable to losing power at temperatures above 86º F."

     

    http://bit.ly/12SFMfE
    12 Apr 2013, 05:01 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Understanding the life of lithium ion batteries in electric vehicles
    This research was presented at a meeting of the American Chemical Society.

     

    http://bit.ly/XI3HfD
    “The battery pack could be used during a quite reasonable period of time ranging from 5 to 20 years depending on many factors,” said Mikael G. Cugnet, Ph.D., who spoke on the topic. “That’s good news when you consider that some estimates put the average life expectancy of a new car at about eight years.”
    Car plugged in to electrical socket
    How long a battery pack lasts in an electric or
    hybrid vehicle depends on many factors.
    Credit: iStockphoto/Thinkstock
    Cugnet explained that the lifespan depends mainly on the battery’s temperature,
    state of charge and
    charge protocol.
    Battery performance begins to suffer as soon as the temperature climbs above 86 degrees Fahrenheit. “The higher the temperature, the lower the battery service life,” he said. “A temperature above 86 degrees F affects the battery pack performance instantly and even permanently if it lasts many months like in Middle East countries.”

     

    Much of the Southern US, China and India may fit that bill as well.
    12 Apr 2013, 05:20 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    When last I checked much of California had occasional problems with warmish weather. Maybe they'll adopt legislation to overcome the unfairness.
    12 Apr 2013, 05:35 PM Reply Like
  • tripleblack
    , contributor
    Comments (13539) | Send Message
     
    These speeches imply that they are talking about the ambient weather conditions, but the 86 degree problem occurs when the battery's temperature hits that point. Given that packs typically generate heat as a normal part of their operation, the problem would occur somewhat before ambient air temperatures hit 86 degrees, and persist past the point where they fell below that level.

     

    In cases where the automobile is exposed to direct sunlight, even air temperatures cooler than 86 degrees may not prevent the batteries (via thermal gain occurring with the car itself) from getting hot.
    12 Apr 2013, 05:42 PM Reply Like
  • LabTech
    , contributor
    Comments (1777) | Send Message
     
    Tripleblack,
    And thus you have the reason why the Leaf's battery pack, which is air cooled, has failed miserably in a State like Arizona.
    12 Apr 2013, 09:59 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    OT: I'd like advice on what to do when your order was front run. I tried to sell 7000 shares of CYTK after hours today, and there was a 7000 share trade at my price (1.26). Only my shares weren't sold. Probably my broker's market maker (UBSS) sold shares out of their own account instead of filling my order. I believe I was the only posted ask price, which is why the buy was exactly the number of shares I posted. My understanding that this is illegal but common practice. What can I do about this? Can I ask my broker to compensate? Or should I just change brokers? Thanks.
    12 Apr 2013, 05:37 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    Ranma: The first step is to talk to your broker and ask them to investigate and explain what happened. After that I have no advice. My decision would be how much their answer sounds like BS. As to compensating you, GL on that. I expect it would be unusual because they have so many different reasons it's not their fault (reach into the hat and pull out one of the chits containing the hundreds of mitigating circumstances that relieve them of responsibility).

     

    HardToLove
    12 Apr 2013, 06:03 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    Thanks HTL. I suspect that there is little I can do but threaten to switch brokers, as the answer will most certainly be BS. I just got my order just about filled now so I don't have much of a compensation claim left either.
    12 Apr 2013, 06:11 PM Reply Like
  • rupers
    , contributor
    Comments (62) | Send Message
     
    Ranma

     

    It could have been that a broker-dealer put in a sub-penny difference ask in front of your ask price. See SEC Rule 612, Sub-penny rule. Broker-dealers are prohibited from accepting sub-penny orders from retail investors (except for stocks below a $1.00), but the rule doesn't ban broker-dealers from trading at sub-penny level. Rule 612 also generally precludes display of orders or quotations at the sub-penny level (except for the buck a share or less stock), so you may not have seen the sub-penny ask quote ahead of you.
    12 Apr 2013, 10:30 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Ca had some problems with battery capacity loss on the MyLeaf forum. The problems mostly didn't arrive until the second summer.
    AZ TX and CA were the southern states with sales in 2011. Their problems mounted last summer. We will know more this summer but Nissan has now warranted the packs.

     

    <The company intends to notify current owners and dealers early next year that it will make the warranty retroactive to cover all existing Leafs, offering to repair or replace the car’s lithium-ion battery if it loses more than 30 percent of its ability to hold a charge after five years or 60,000 miles.>

     

    http://bit.ly/Yx2Vlf
    12 Apr 2013, 05:43 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    A map of the highest heat areas (US)
    Courtesy of the Mynissanleaf forum.

     

    http://bit.ly/YxhZ2i

     

    Note Florida and other southern coastal ares are not on the map as they tend not to get to 100F. However they get to about 90F and stay there day and night for much of the spring, summer and fall.
    The consistent heat may be just as bad.
    12 Apr 2013, 06:44 PM Reply Like
  • JohnM121
    , contributor
    Comments (407) | Send Message
     
    The average age of cars on US roads is almost 11 years, and the median is close to 14 years.

     

    I live in the south. The average high is 98 and the low it commonly above 80F. In the summer, I can turn off my water heater in the garage and have plenty of how water for 2 people. I don't think it ever gets down to 86. Working folks need to leave a car in parking lot in full sun every work day with ambient 100F.
    12 Apr 2013, 05:51 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    John
    Radiant heat from the lot would be an additional factor.
    I hear parking lots in Phoenix are often 124 a foot off the ground.
    (My Nissan Leaf forum)
    12 Apr 2013, 06:16 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Nissan to Offer Battery Lease Option on LEAF in Europe; Complete Pricing Details Announced
    http://bit.ly/16SO4mc

     

    Price difference with or without battery is 5,000 pounds. $7671 USD.
    With a variable lease price.
    1-2-3 year options
    Mileage from 7,500 to 15K
    Monthly prices
    In Pounds from 70 to 129
    In USD from $107.39 to 197.91
    12 Apr 2013, 05:51 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    BMW opened a site to make available data from 700 'ActiveE' EVs they have had in customer/testers hands for over a year.
    “Electronaut Effect”
    http://bit.ly/Yx9Mer

     

    On average it saved 72% on fuel
    12 Apr 2013, 06:11 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Axion PowerCube. Andale andale arriba arriba.

     

    http://bit.ly/1248yqT

     

    Batteries: Cheapest Form of Grid Power?

     

    "The conventional wisdom is that batteries, particularly lithium-ion batteries, are way too expensive to be used on the electricity grid in a financially viable way. Chris Shelton begs to differ and he has two years of data to make his case.

     

    Shelton is the president of AES Energy Storage, which has developed 150 megawatts worth of energy storage projects in four locations using giant lithium-ion batteries. The trick to making them economic is using them for what they’re good at and in this case, that’s speed."

     

    http://bit.ly/Zmwj9o
    12 Apr 2013, 06:24 PM Reply Like
  • D Lane
    , contributor
    Comments (1368) | Send Message
     
    Frequency Regulation revenue is here and its now.
    The question is, can we get a meaningful piece of that market?
    15 Apr 2013, 11:34 AM Reply Like
  • SMaturin
    , contributor
    Comments (2302) | Send Message
     
    Newest graphene magic for Li+ ion cells:

     

    Graphene-based Li-ion Anodes Go Commercial
    http://bit.ly/12VPaeK

     

    <<It is encouraging to see that the company has put at the top of its targeted markets mobile devices instead of all-electric vehicles, in which the Li-ion still remains somewhat problematic [linked reference to JP's work] as a sole energy source. But it hasn’t completely abandoned the automobile market in which Li-ion batteries for hybrid vehicles have shown healthy growth.

     

    "We expect initial adoption in the highly-competitive consumer electronics markets that are dominated by Asian battery makers," Mr. Privette says in the release. “But we also have research and development partners that are focused on hybrid and electric vehicles, grid storage, military, and specialty industrial applications.”

     

    We’ll have to come back to this company to see how it has fared in the marketplace. It’s certainly a business area that could use some positive news.>>
    12 Apr 2013, 06:27 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    Cadillac ELR offers steering wheel paddles for engaging regenerative braking

     

    http://bit.ly/17wsTYd

     

    “Regen on Demand enables ELR drivers to actively re-capture energy when slowing down, such as when approaching slower traffic or setting up for a tight turn,” said Chris Thomason, ELR chief engineer. “This allows the driver to take more active role in the electric vehicle driving experience. Pulling back on the paddle to slow down allows the ELR driver to keep their foot close to the throttle, ready to accelerate. It provides a more engaged, satisfying driving experience, and when you consider the added benefit of re-capturing energy, it’s also a smart thing to do.”
    12 Apr 2013, 10:33 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    “Regen on Demand enables ELR drivers to actively re-capture energy when slowing down, such as when approaching slower traffic or setting up for a tight turn,”

     

    In other words, "We couldn't figure out a way to do this automatically, so you have to do it yourselves."
    13 Apr 2013, 12:31 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Metro, I think it's the same system that is in the Volt. Why would anyone launch something on a Chevy and then years later launch it on their premium vehicle?

     

    Anyway, doing a ton in the article to make it sound special. But it still smells like your drains.
    13 Apr 2013, 12:38 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    iindelco,
    I remember back about 1997 when the Mercedes A class failed the "Elk Test" and Mercedes had a problem. They solved it by adding an Electronic Stabalization Control (ESC) system at a cost of some 300 million DM's. (I had to look that figure up on Wikipedia) Mercedes then capitalized on the ESC by having it feature prominently in their advertising as an advanced safety feature - conveniently not mentioning they were forced to place it on the car to keep it from rolling over during fast maneuvers.

     

    Cadillac's "enables drivers" smells like the same spin; as they can't get it to work through the brake pedal. Yeah, kind of like my drains.
    13 Apr 2013, 01:49 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (2421) | Send Message
     
    ii, uh, it is GM. Many Cadillacs for years have been rebadged Chevys, eg, Escalade.

     

    I wonder why GM went bust....
    13 Apr 2013, 08:23 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Rick, Yeah I know. Even as a young engineer I was wondering why the parts going into J cars (Cavalier/Sunfire) were in many cases the same or better than the parts going into E/K cars (Eldorado/Seville) as just one example.

     

    Oh, That's right, They also tried to rebadge a J-Car as a Cadillac as well. Worked with/for some sharp people.....and a ton of real "wizards" as well.

     

    http://bit.ly/10XVGl7

     

    PS The only reason GM is making money is because they pay no taxes. The government let them carry forward a ton of loses when they restructured (err stole a ton of taxpayer money. Was that legal? ;) ) . They should have kept it running but let Ford part it out. Not that they were walking on water either.
    13 Apr 2013, 10:01 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    How to Read a Financial Statement, by Oracle's Mark Hurd

     

    http://buswk.co/112ydOo
    12 Apr 2013, 11:19 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    CT seeks final proposals for microgrid $15M

     

    http://bit.ly/ZS72mJ

     

    not much new here (to us,) but:

     

    "Applications are due June 4.

     

    In addition to $15 million in pilot funding, the proposed state budget currently being considered by the Connecticut General Assembly includes another $30 million for microgrids."
    12 Apr 2013, 11:23 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Hybrid systems using batteries and ultracapacitors. What if it was available in one package today and mostly scalable via existing capital? Hmmmm. Makes you wonder.

     

    Ultra-capacitors Help Industrial Businesses Charge Up an Energy-Efficient Future

     

    http://bit.ly/10SOtkB
    13 Apr 2013, 11:02 AM Reply Like
  • JohnM121
    , contributor
    Comments (407) | Send Message
     
    That link has something I have not heard before that points to our our favorite solution. There may be quite a few gen 1 LABs that could use upgrading.

     

    Discussing Ultra-capacitors on wind generators:
    "...they use them to power the blade pitch adjusting motors. They have gone to ultra-capacitors over lead-acid batteries because of cycle life and cold temperature problems. They are used primarily to “feather” the blades, when the wind speed gets too high. The batteries needed replacement every 18-24 months. With ultra-capacitors, it’s a 15-20-year application."
    13 Apr 2013, 11:17 AM Reply Like
  • DRich
    , contributor
    Comments (4669) | Send Message
     
    Another application that has probably never heard of such a thing as a PbC.
    13 Apr 2013, 11:31 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    DRich, Yeah. Obviously we're seeing a level of frustration building.

     

    We consistently see signs of Axion's progress on the technical side and constant information that indicates we deserve a place at the table only to look down and see no chair or table setting. Hunger pains, Ughh.

     

    Bang head here.
    13 Apr 2013, 12:20 PM Reply Like
  • DRich
    , contributor
    Comments (4669) | Send Message
     
    >iindelco ... You got that right.
    13 Apr 2013, 01:28 PM Reply Like
  • D-inv
    , contributor
    Comments (4196) | Send Message
     
    ISTM the absence of chair and table setting is a direct consequence of annal retentive non-disclosure policies pursued by Axion and lack of marketing.
    13 Apr 2013, 02:51 PM Reply Like
  • DRich
    , contributor
    Comments (4669) | Send Message
     
    >D-inv .... Shhhhhh
    13 Apr 2013, 02:55 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    D-inv, Well clearly not only have there been successes but there have been mistakes.That's business for sure. We'll find out soon enough which one more closely applies to the next round of funding. Obviously we don't have a huge constituency of last moment proponents (here here). Since we know it's not wise to do this hope remains that there is darn good reason for it. But there are other less favorable reasons as well. I'm convinced, as I look down the table, I see at least one too many forks and a non-uniform gap between elbows! Is that waiter bringing a plate......or a knife? ;)
    13 Apr 2013, 03:35 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    ABB wins $150m transformer order for ultra-high-voltage direct current power link to supply hydropower from southwest to east coast of China

     

    http://bit.ly/174QXi5

     

    "The 800-kilovolt (kV) UHVDC transmission connection will transport clean hydropower over a distance of 1,670km, from Yibin in Sichuan province in southwest China to Zhejiang province on the east coast"
    13 Apr 2013, 11:48 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    Where’s My Microgrid?

     

    Changes to energy markets could make microgrids more economically viable.

     

    KATHERINE TWEED: APRIL 12, 2013

     

    http://bit.ly/XJvJYm

     

    "The chatter is incessant, but the actual work done to date has been far more limited. Deep-pocketed players, like the U.S. Department of Defense, universities and large corporations, are all investigating microgrids, but only a few -- mostly universities -- are pulling the trigger on building them out.

     

    ...

     

    The university is also using what it calls “perfect power” as a marketing tool to bring in top researchers.

     

    ...

     

    The buzz about microgrids is in part due to the fact that the IEEE issued a standard in 2011, IEEE 1547.4, which covers the design and integration of microgrids into electrical power systems. The standard has allowed companies like S&C to start designing and selling the systems, which incorporate renewables, storage and self-healing capabilities on a distribution network

     

    ...

     

    PJM is a particularly attractive market for potential microgrids. Last year, the system operator started using demand response in regulation markets, and this year, it will use DR in spinning markets."
    13 Apr 2013, 12:01 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    Princeton Power News last week:

     

    GTIB-100 and DRI-10 Join NY State’s Department of Public Services Inverter Listing

     

    http://bit.ly/12WocqQ

     

    "With this listing, New York has approved PPS inverters, making them eligible for installations throughout the state."

     

    Upcoming Conference Participation:
    http://bit.ly/16UprFF

     

    e.g. in http://bit.ly/12Wodv7

     

    "Optimized Energy Management Solutions in Microgrid Systems

     

    This presentation will describe the benefits of different battery technologies and inverter design used for Commercial Scale Microgrids. Princeton Power will provide specific examples of this technology, as well reference specific Commercial Microgrids that
    utilize this technology.

     

    Darren Hammell, Executive Vice President and Chief Operating Officer, PRINCETON POWER"
    13 Apr 2013, 12:18 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    For the ZBB interested. They are presenting here late in the month. (bottom of list)

     

    Government and Military-Smart Grids & Microgrids

     

    http://bit.ly/1761tFy
    13 Apr 2013, 05:24 PM Reply Like
  • Treehill
    , contributor
    Comments (135) | Send Message
     
    I just got a bit of a shock. My TD Waterhouse account is saying that my AXPW shares are worth $ .16 each. Had me thinking that the financing event happened yesterday, but I don't see any evidence of that. So I will assume that TD is making a mistake.
    13 Apr 2013, 05:25 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    No filings in Edgar yet - I've been checking it frequently.

     

    My Etrade also $0.2622 (typo WIO?).

     

    HardToLove
    13 Apr 2013, 05:48 PM Reply Like
  • D-inv
    , contributor
    Comments (4196) | Send Message
     
    $.2622 in Scottrade account.
    13 Apr 2013, 05:57 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    InFidelity , 0.2622 USD with no new news to indicate such a change is warranted.
    13 Apr 2013, 06:52 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1027) | Send Message
     
    Charles Schwab - 0.2622... --- Yep, mine was a typo. Not the best time have one ...
    14 Apr 2013, 01:11 AM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    Even if a financing event happened at .16, no shares would have traded, therefore the price shown on your brokerage screen should still say .2622.
    14 Apr 2013, 04:15 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1027) | Send Message
     
    Just checked my Charles Schwab account --- .2662 pps
    13 Apr 2013, 05:35 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    16 cents would be like a 40% discount... for what possible reasons could/would that be applied or accepted? I dunno....some kind of small raise, to buy a couple of quarters, to where a significant contract is all but waiting?--say maybe 20 million shares in one slug to one buyer, with a two year lockup or something? Maybe part and parcel of a deal *with* a contract attached? Total spitballing. Not much I can think of (with my limits of insight) that could somehow make 16 cents make sense...
    13 Apr 2013, 06:17 PM Reply Like
  • DRich
    , contributor
    Comments (4669) | Send Message
     
    >Treehill ... I didn't think that brokers updated account share price after the exchange close. Anyway, hope that is wrong because $0.16 would definitely P.O. some people in these parts.
    13 Apr 2013, 06:14 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    2012 global sales list of 21 plug-in vehicles (or 23 if you separate out Opel and Vauxhall Ampera):

     

    http://bit.ly/ZTtawP

     

    Chevy Volt/ Opel-Vauxhall Ampera: Sales 31,400 Units
    Toyota Prius Plug-In Hybrid: Sales 27,181 Units
    Nissan LEAF: Sales 26,566 Units
    Renault Twizy: Sales 9,020 Units
    Mitsubishi i-MiEV: Sales 7,917 Units
    Renault Kangoo: Sales 5,674 Units
    Citroen C-Zero: Sales 3,152 Units
    Peugeot iOn: Sales 3,095 Units
    Tesla Model S: Sales 2,650 Units
    Mitsubishi i-MiEV-minicab: Sales 2,487 Units
    Ford C-Max Energi: Sales 2,374 Units
    BYD e6: Sales 1,700*** Units
    Bollore Bluecar: Sales 1,543 Units
    Renault Fluence: Sales 1,407 Units
    Fisker Karma: Sales 1,073 Units
    Smart Fortwo Electric Drive: Sales 1,000-plus*** Units
    Ford Focus Electric: Sales 685 Units
    Toyota Rav4 EV: Sales 192 Units
    Honda Fit EV: Sales ~150*** Units
    Tesla Roadster: Sales 132 Units
    Coda Sedan: Sales ~125*** Units
    Renault Zoe: Sales 60 Units
    13 Apr 2013, 06:14 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Thank Froggey, Global EV and PHEV sales are hardly setting the world on fire. T, given their Prius platform, might be the only one not getting hammered with these kinds of unit sales.

     

    Then again they all have to have an offering for Cali. You know, that's where they only offer it in Cali. and the feds use all of our tax monies to subsidize the EV madness.

     

    Like the new Fiat 500 EV meet the mandate offering. Not sure if the feds built in a clause that this game can only last for a period of time?
    13 Apr 2013, 06:46 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Researcher:
    Hackers could start abusing electric car chargers to cripple the grid
    Article here:
    http://bit.ly/ZTtP1u
    “If somebody finds a way to confuse the smart car charging system, the denial of service can not only hit charging cars, but also the electricity system,” he said.

     

    OH cool.

     

    PDF presentation here
    http://bit.ly/YTH5aR
    13 Apr 2013, 06:29 PM Reply Like
  • DRich
    , contributor
    Comments (4669) | Send Message
     
    >froggey77 ... Like we don't have enough things in our lives that "DESTROY THE WORLD". By 2014 all new cars are going to be internet connected (gee, I hope not), so cars are already at risk.

     

    http://bit.ly/Xz3jhp
    13 Apr 2013, 06:53 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    DRich: Just one more reason to keep my 14 year old car and hope that the average age of the on-road fleet continues to age far beyond the 11+ year average age now?

     

    I had been wondering about these sorts of things starting a couple years back, mostly in thinking how the U.S. Government, most likely DHS, might abuse the new-fangled cars. Of course, there's other governmental and non-governmental entities that would be candidates as well.

     

    Thanks for a great link!

     

    HardToLove
    13 Apr 2013, 07:19 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2138) | Send Message
     
    Ouch, what a hoot. Soon a car company will hire engineers that follow the kiss principal (keep it simple stupid), to design a car that will be easy to fix with only basic electric parts for reliability and security. Welcome to the 1970 Honda, Toyota, Datsun (Nissan for you young uns) and V dub (electric door locks and windows optional).;-)
    13 Apr 2013, 07:20 PM Reply Like
  • DRich
    , contributor
    Comments (4669) | Send Message
     
    >H.T.Love ... As much as you guys here like to worry about the government, I'd tell you to be far more afraid of insurance companies and those two kids hanging out on the overpass.
    13 Apr 2013, 08:07 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2138) | Send Message
     
    Ooops, forgot about the standard 260 climate control.
    13 Apr 2013, 08:29 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    DRich: looking at the greatest harm to the greatest numbers, nobody beats the government(s). It's what our founders recognized and tried to mitigate in the constitution.

     

    MHO,
    HardToLove
    14 Apr 2013, 10:08 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Stilldazed, Great minds think alike I guess.

     

    Nissan to revive Datsun name in emerging markets, eyes increased sales.

     

    "Of the Datsun models, CEO Carlos Ghosn said, “It's a green car, affordable car, small displacement, high local content. . . . It's going to be a generous car.”"

     

    http://bit.ly/1146Jq7
    14 Apr 2013, 11:38 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    Flag: political comment:

     

    H2l, isn't government mostly just a tool though? Aren't we blaming the gun instead of the person holding it when we blame government?

     

    Whenever I see these catastrophic government blunders that hurt the electorate it always seems to benefit a certain class of 'people' who already have the lion's share of wealth, income and power.

     

    D
    14 Apr 2013, 11:46 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    OT: D. McHattie: No argument. Government has never been anything but a tool. The issues center, IMO, around "tool of who" and how it got that way.

     

    Regardless, since government is *supposed* to be populated by (some) "leaders", if they have become the tool of the "wrong" entity, do we then blame the people that *should* have been wielding the tool, the people that *are* wielding the tool or the "tool" for failing to provide the leadership it is ostensibly obligated to provide?

     

    That gets to a very long discussion. My take is that *regardless* of cause, responsibility and who benefits, the results are the same - greatest damage is inflicted on the greatest number by "governments" via the failure of those responsible for the application of the "tool" (e.g. as our founding fathers intended - to protect against the excesses of concentration of power, as one example?) to properly exercise their responsibility.

     

    It's human failing in one of its more egregious forms, IMO, because of the breadth of its effects.

     

    I habitually avoid these sorts of discussions though - non-productive.

     

    HardToLove
    14 Apr 2013, 01:19 PM Reply Like
  • growsmart
    , contributor
    Comments (171) | Send Message
     
    Please not here.
    14 Apr 2013, 01:39 PM Reply Like
  • SMaturin
    , contributor
    Comments (2302) | Send Message
     
    Oh tempt me not, good fellow Axionistas, to start quoting Bastiat!

     

    http://bit.ly/yq6PXC
    14 Apr 2013, 04:17 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2434) | Send Message
     
    SolarCity Sees Energy Storage ‘Viable’ Within 10 Years, CEO Says
    By Andrew Herndon - Apr 12, 2013 3:12 PM CT

     

    http://bloom.bg/114pOZf

     

    "will complete about 100 energy storage systems for customers this year and plans to expand as costs decline, according to its chief executive officer.

     

    ...

     

    installing 8 kilowatt-hour battery packs provided by Tesla Motors Inc. (TSLA) and combining them with energy management systems that allow for remote monitoring.

     

    ...

     

    SolarCity has 395 energy storage “pilots” under contract, according to a filing March 27"
    14 Apr 2013, 01:47 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    04/12/2013: EOD stuff partially copied from instablog (up in ~1 hour).
    # Trds: 17, MinTrSz: 300, MaxTrSz: 19500, Vol 91300, AvTrSz: 5371
    Min. Pr: 0.2601, Max Pr: 0.2739, VW Avg. Tr. Pr: 0.2620
    # Buys, Shares: 6 23300, VW Avg Buy Pr: 0.2658
    # Sells, Shares: 11 68000, VW Avg Sell Pr: 0.2607
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:2.92 (25.5% “buys”), 4500 (4.93%), Dly Sht % of 'sells' 6.62%

     

    Average trade size continues to be in a rising trend, seen on the instablog charts. Today it was smack in the middle of what I believe to be average retail size. Do keep in mind though that volume was very low, second only to the 89.38K of 3/26 in recent trading, and there were only 17 trades for the day. This means we can't really evaluate whether or not it is saying anything today.

     

    The buy percentage continues low but has not yet broken the slowly rising trend it has been in. How slowly rising? Even though it has been “trending” for nine days, not one of the averages I plot are ticking up with authority yet. The best is the 25-day average, which has been essentially flat for 3 whole days.

     

    I've already mentioned the low volume. Add in that VWAP could be charitably described as weakening in a range of flat: $0.2707, $0.2610, $0.2669, $0.2655, $0.2653, $0.2620, $0.2647, $0.2630, $0.2610 and $0.2620. For some context, intra-day VWAP averages for 5, 10, 25 and 50-day periods respectively: $0.2625, $0.2642, $0.2797 and $0.2971. Not positive, to say the least.

     

    The bids trended up throughout the day, but the low volume, again, suggests we should not place a lot of weight on this activity. Anyway, from before market open when bid was $0.25 through the last peek at 14:43, the bid stepped up 6 of the eight instances I recorded, with the remaining two unchanged. Asks were mixed with the BMO (before market open) offer seen of $0.275 going to $0.2605 at the open and moving up three more times and down four more times during the day and ending at $0.2629 on my last intra-day peek at 14:43. The high seen, and it was traded for 300 shares, was $0.2739 at 12:17.

     

    On my original experimental inflection point calculations, the short-term (5, 10 and 25-day periods) continue to suggest a reduction in the rate of weakening of the buy:sell ratio. The longer-term ones are suggesting the opposite. This is what I call disorganized. On my newer version, intended to be less flaky and to be sensitive to other factors as well, all periods are going “flat”, suggesting a reduction in the weakening. The conditions are best comprehended looking at the charts. For both the original and newer versions though, keep the volume in mind. Both are volume-sensitive and smaller volumes make what they show much less reliable.

     

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

     

    HardToLove
    14 Apr 2013, 02:03 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Given European fuel prices, the government sponsorship and London tolls skipped Ev's might just make sense for the right uses. Climate is also OK for the battery on the high temperature side anyway. Not that that matters as much with a lease. We'll have to see how sales go.

     

    £70 = 107.46 USD

     

    Nissan Leaf offers battery leasing option in UK for £70 a month

     

    http://bit.ly/XLormW

     

    EDIT: UK petrol prices

     

    http://bit.ly/XAEe5G
    14 Apr 2013, 02:07 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    More offerings => More competition => Lower prices

     

    Delphi highlights innovative solutions for powertrain electrification at eCarTec Paris 2013

     

    "Delphi Automotive (NYSE: DLPH) will feature a new range of DC/DC converters for 12V-micro and 48V-mild hybrid applications and a complete portfolio of vehicle charging systems for hybrid and electric vehicles at the eCarTec Paris - 2nd International Trade Fair for Electric Mobility, April 16 – 18, 2013."

     

    http://bit.ly/ZqDf5D
    14 Apr 2013, 03:50 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    Something we haven't really discussed, something more likely to be seen on Yahoo boards, but what is the possibility that Axion is actually in discussions to be acquired? Could that be what is taking so long, and requires an investment bank to be involved? Maybe TG is tired of having to raise money year after year, and wants to lessen the risk? Maybe the employment contracts were put in place so they would have their positions after a takeover event? Maybe now that prospective customers are ready to bite, there are some buyers willing to pay top dollar now that the uncertainty is removed?

     

    It's not uncommon for R&D companies to be acquired after they have proven their product, but struggle up until the point. Happens all the time in biotech, where in fact buying companies is a major way for big pharma to outsource R&D costs. So it comes down to, is TG and the BoD of Axion the type who would cash out, or is this their baby? Didn't Bob Averill sell several companies in this manner before?

     

    Hmm...
    14 Apr 2013, 04:25 PM Reply Like
  • LT
    , contributor
    Comments (5072) | Send Message
     
    Ranma, I have always said that was a risk. Just when they get something going, someone buys them out and leaves us high & dry.

     

    I really doubt it at this moment. but it is always a possibility. Especially if some could get their money back.
    14 Apr 2013, 04:32 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    Why would that leave us high and dry? Even if we don't get the future value of Axion, say 3+ dollars, we get presumably a nice premium which we get to redeploy in another investment. If the sales price is too low, our block of shares would certainly be enough to revolt and throw out the management. Personally I'd have to think twice about turning anything down over a buck today, versus having to wait until 2014 or 2015 for that, and the possibility of 3+ in 2016. Sometimes it's better to take a quick win. Why, because you can just as well find another stock to park the insta-cash in. That said, I doubt management would be satisfied for $1 per share, after almost a decade of work.
    14 Apr 2013, 04:42 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    Management and the board are in the same position I am. We're all under-water until something in the $1.50 range. Nobody I know would devote ten years of their life to a company and then settle for a 1 to 1 cash on cash payback.
    14 Apr 2013, 04:51 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    John, If someone made an offer for, let's say 1 USD/share, what are the obligations of the BOD? Would they have to entertain a shareholder vote or could they just negotiate from there until they had something they felt was acceptable or not sans shareholder input?

     

    Thanks. :)
    14 Apr 2013, 05:12 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    The board has no obligation to seek shareholder input on anything. If a potential acquirer wants to force the issue, his best course is a tender offer.
    14 Apr 2013, 05:15 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Thanks John. Now that you mentioned the tender offering option it makes sense as I've seen it in the past. This often results in the board offering it's position on the tender offer if I recall correctly.
    14 Apr 2013, 05:32 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (738) | Send Message
     
    Ranma,

     

    Respectfully,

     

    If you think axion is only worth $3.00/share you need to sell now and go play somewhere else.

     

    I am in for at least 10 times that at a minimum. Call me crazy but I think $100.00 is a realistic goal within the next 3 years.
    14 Apr 2013, 05:37 PM Reply Like
  • DRich
    , contributor
    Comments (4669) | Send Message
     
    >JP ... If I calculated the 'time value of money' like an option would, I'd figure your shares fair value breakeven would be pushing the $4.00 to $5.00 range.
    14 Apr 2013, 06:14 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    Unless you use a huge discount rate, it's more like the $2 to $3 range. Even that's a big base number when you remember that I'm not really happy with anything less than a ten bagger.
    14 Apr 2013, 06:19 PM Reply Like
  • jcrjg
    , contributor
    Comments (174) | Send Message
     
    John,

     

    It all depends on what your options are. We all hope that right now the choice is between multiple good investors at good prices. But I have a hard time coming up with a reasonable scenario where it is in Axion's interest to let it get this close to zero if they have multiple good options. The only one I have heard is something about letting options expire. I think it is likely a deal gets done but that the terms are not great. For me the most important thing is to keep the company going because the future is bright, even if the present is a bit dim.

     

    I don't think a buyout is likely but I think any company would have to seriously consider a buyout offer that is 6 times the current stock price even if it is not the result you hoped for when you started.
    14 Apr 2013, 06:49 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    No, if I thought Axion was worth 3 dollars per share, I need to sell everything else I've got and buy more Axion. And so should you!
    14 Apr 2013, 07:05 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    I was also having a hard time imagining why this is getting close to April 30, unless they were negotiating a total buyout, with a breakup fee that would protect them in case things don't go through. Because otherwise TG would be risking it all just to get a higher valuation. Unless the 2012 financial investors are ready on tap in case all negotiations fail? If there is any other explanation I'd like to hear it.
    14 Apr 2013, 07:12 PM Reply Like
  • D-inv
    , contributor
    Comments (4196) | Send Message
     
    "Management and the board are in the same position I am. We're all under-water until something in the $1.50 range."

     

    Perhaps management is not quite in the same position, JP. Aren't those new three year employment contracts with $10k bonuses pretty much the equivalent of "light" golden parachutes?

     

    14 Apr 2013, 07:31 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Rama
    " If there is any other explanation I'd like to hear it. "
    That there is some one who has already agreed possibly the 2012 or another is the most likely scenario.
    Why wait until the end?
    Once you have a commitment then you decide on timing and the stock price for a month or so may have an influence.
    My guess is that he picked the latest he could in hopes we would start getting actual agreements. such as the multiple Cube RFPs.
    The second but I think lesser possibility is automotive strategic investor with an agreement.
    NSC is a lesser possibility also.

     

    From what I understand the work done in investigating PbC by both automotive and NSC is far more than an investment would be.
    The reason I have doubts is, Why wait?
    It could have been agreed last summer when TG said they were looking for a strategic investor.

     

    OTOH
    Getting swallowed by Exide may still be a part of TG's nightmares.
    Most astounding would be an investment by both.
    14 Apr 2013, 07:51 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    For the average guy on the street $200,000 to $300,000 a year may seem like a princely sum. The reality is that their Axion salaries are probably 2/3 to 1/2 of what they could demand from other employers and 1/2 to 1/4 of what they could earn from self-employment. It's all a question of perspective, but I can pretty well guarantee that none of Axion's executives think they're living on easy street.
    14 Apr 2013, 07:53 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    Let's say it's a deal similar to last years, could the investors be dragging it out, stretching the timeline, taking the company closer to the edge, thereby increasing anxieties, inducing selling and scaring would-be buyers, all in order to drive the price they will pay down?
    14 Apr 2013, 08:02 PM Reply Like
  • anthlj
    , contributor
    Comments (228) | Send Message
     
    Albert,
    You are undeniably as mad as a bat
    ;-)
    14 Apr 2013, 08:13 PM Reply Like
  • Carnardie
    , contributor
    Comments (259) | Send Message
     
    "Call me crazy but I think $100.00 is a realistic goal within the next 3 years."

     

    That's a 385-bagger in 3 years.

     

    Realistic - really?
    14 Apr 2013, 08:27 PM Reply Like
  • magounsq
    , contributor
    Comments (987) | Send Message
     
    Ranma...

     

    They've come too far...it's taken too long...and remaining negative is now news versus negative results.
    "Maybe TG is tired of having to raise money year after year, and wants to lessen the risk?"
    I doubt that very much unless he sees significant risk we do not see.

     

    "Maybe now that prospective customers are ready to bite, there are some buyers willing to pay top dollar now that the uncertainty is removed?"
    If that being the case, it ain't at $1 pps!

     

    It's seems like bottom of the 8th, down 2 runs, bases loaded, no outs...top of the order coming up.

     

    I'd rather take my chances and win the game versus saying, ok, we quit...you win.

     

    JMO

     

    John, only caveat is...BOD responsibilities with any bid?
    14 Apr 2013, 11:16 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    Ranma: "... Maybe TG is tired of having to raise money year after year, and wants to lessen the risk? "

     

    seems, to me, to conflict with

     

    "... some buyers willing to pay top dollar now that the uncertainty is removed?"

     

    If the uncertainty has been removed (and the risk "lessened"), TG & the BOD would most likely be in a frame of mind to now realize the pleasures of their effort by watching the "baby" come closer to being a mature adult. Oh, and the financial rewards as well.

     

    If my take is near correct, I don't see a sell out at this point.

     

    From the buyer's side, I can't envision a scenario yet that would even justify a break-even pps for the BOD and management. This would come about once "commercial entity" has been actually demonstrated, for multiple qtrs/yrs(?), rather than just asserted by parties that may benefit from such an assertion.

     

    MHO and far outside my competency,
    HardToLove
    15 Apr 2013, 06:59 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    Jcrjg: " But I have a hard time coming up with a reasonable scenario where it is in Axion's interest to let it get this close to zero if they have multiple good options".

     

    Devil's advocate hat: Time has passed, activities have occurred, something has changed (other than time being shortened), are we (including myself!) remiss in assuming we are now close to zero?

     

    What could prevent that? Strategic investor found with NDAs? NO! PLEASE NOT AN NDA! ;-)) Some contract with percentage pre-payment? AR payments received (not that large though), ...

     

    *Something* seems likely with inventory level, employment contract renewed with "stipend", etc.

     

    HardToLove
    15 Apr 2013, 07:08 AM Reply Like
  • jcrjg
    , contributor
    Comments (174) | Send Message
     
    HTL,

     

    I agree something is likely. In general the company seems to be doing well, though it is still an early stage company. In regards to whether they are close to zero, didn't they just say on the conference call that they would need to raise money, but they couldn't discuss the details? I think you scenario would be great and is possible, but it is not what I would bet on. To me (and most on this board) the thing that is so hard to understand is that things seem to be going well but there is no announcement about this important issue. My biggest concern is that they have the attitude that John has described and would regard anything less than a share price of $15 as a failure and would lead them to take a lot of risk, for instance by trying to negotiate the best possible deal and leave the possibility of getting screwed at the end. It is unfortunate what has happened to the company but that is sunk cost and they need to do the best from where we are today. In the end we have no choice but to trust management.

     

    One question, there has been a lot of talk about their options being out of the money. Have they gotten new options reflecting the new stock price. I think that would be entirely appropriate. For a cash starved company that is a much better way to compensate than cash, though of course you have to do both.
    15 Apr 2013, 08:05 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    Jcrjg: "would lead them to take a lot of risk, for instance by trying to negotiate the best possible deal and leave the possibility of getting screwed at the end."

     

    If JP's assessments about "throwing nickels around like manhole covers" is spot-on, increasing risk, other than that inherent in being part of the start-up in the first place, would seem to be something they aren't prone to.

     

    IOW, I see the propensity to "manage risk", rather than gamble, as the more likely M.O. 'Course, things do change and situations can arise that cause a change in behavior.

     

    HardToLove
    15 Apr 2013, 08:14 AM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    jcrjg,
    I'm not sure what you mean by this:
    ". My biggest concern is that they have the attitude that John has described and would regard anything less than a share price of $15 as a failure and would lead them to take a lot of risk, for instance by trying to negotiate the best possible deal and leave the possibility of getting screwed at the end."

     

    I'm not at all concerned that the BOD will take a lot of risk. It was the same board that guided us through the last two raises. It was the same board that kept us from being snookered by Exide. It was the same board that did not spend $10 Million dollars developing a production process, but rather did it in house for much, much less.

     

    Our lack of information does not, in my mind ,constitute a BOD that is taking risks and gambling my companies chances of success.

     

    As to stock options:

     

    stock options dilute the present shareholder's value in the company. Axion is not a technology company that has to pay up its future to achieve success today. As a shareholder I am very happy not to give the store away to the employees.
    15 Apr 2013, 08:16 AM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Jcrjg
    "One question, there has been a lot of talk about their options being out of the money. Have they gotten new options reflecting the new stock price."
    While the BOD has options (and no they haven't reissued them at a lower price.)

     

    The options mostly talked about were Quercus Trust and chief David Gelbaum.
    About half have expired in the last few months and the rest are set to expire in June or July.
    They have had a very difficult time themselves and needed to raise cash. Considering their circumstances they have treated Axion as well as possible over the last few difficult years.

     

    They had to sell out and will likely reap no rewards if Axion succeeds. Unless the share price triples in the next 2-3 months.

     

    While a part of us wants there to be less shares part of us wishes for the 'good guys', which Q Trust has been to us, to do well and get their fair share as well.
    The push pull here, is part of why the subject has come up so many times.
    15 Apr 2013, 09:23 AM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    The 4,761,905 remaining Quercus warrants are exercisable at $.75 per share until the end of June.

     

    Outstanding stock options break down as follows:

     

    Board members – 759,901 shares at an average price of $1.01;
    Employees & officers – 1,975,744 shares at an average price of $1.50; and
    Officers & Consultants – 1,340,500 shares at an average price of $2.38
    15 Apr 2013, 09:32 AM Reply Like
  • mrholty
    , contributor
    Comments (1038) | Send Message
     
    My old thought was $15 in 3 years was reasonable when there was 70+ plus shares outstanding. With 113M shares outstanding and probably 150-170 shares outstanding in they do another financing soon I'm looking for $10/share to sell.
    15 Apr 2013, 09:40 AM Reply Like
  • jcrjg
    , contributor
    Comments (174) | Send Message
     
    HTL,

     

    Being careful with money is one part of managing risk and of course a good thing. I was talking about something else. If you go to the casino and lose money initially, some people will then take bigger risks because they have to make back what they have lost. I hope that the board is not doing this and I am not saying that they are. Just given what they and the company have been through this is a natural reaction that many people have but i don't think it is a good view to have and could lead to make a bad decision in a situation like this. We don't know what is going on and we just have to trust management. Their incentives are reasonably aligned with ours.
    15 Apr 2013, 01:16 PM Reply Like
  • jcrjg
    , contributor
    Comments (174) | Send Message
     
    foggey,

     

    thanks for the explanation. If the terms were good, I suppose the new investor might want to wait to avoid anymore dilution. I hope we have this problem.
    15 Apr 2013, 01:18 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    jcrjg,
    I tottaly get what your espousing. I simply don't know why your espousing it. This board has absolutely NOT done anything that suggests they would double down as you are suggesting.
    15 Apr 2013, 03:46 PM Reply Like
  • jcrjg
    , contributor
    Comments (174) | Send Message
     
    futurist,

     

    I said that I did not think the board was behaving that way. I was responding to a statement by John,

     

    "Management and the board are in the same position I am. We're all under-water until something in the $1.50 range. Nobody I know would devote ten years of their life to a company and then settle for a 1 to 1 cash on cash payback."

     

    The issue of whether you "settle" for a deal has to do with what your options are and not how long you have worked on something or what the payback is especially since Axion needs to make a deal now.
    15 Apr 2013, 05:11 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    jcrjg,
    You did not respond to whether the BOD would sell for fair value. You intimated they would only sell for a large dollar amount because they had a cost basis of $1.25 or so.

     

    Its a big difference.
    15 Apr 2013, 05:48 PM Reply Like
  • John Petersen
    , contributor
    Comments (30231) | Send Message
     
    At this point in the lifecycle of the PbC technology there is no such thing as a readily ascertainable fair market value, which is defined as the value a knowledgeable and willing buyer and a knowledgeable and willing seller would agree to if neither was under compulsion to buy or sell. The odds that a potential buyer would rise to a number that Axion's board would consider reasonable are, in my estimation, remote beyond reckoning.

     

    In some companies market capitalization is a good measure of intrinsic value. In others, market capitalization is a ridiculous number. You have companies like Tesla that trade at obscenely high multiples of intrinsic value and companies like Axion that rade at obscenely low multiples of intrinsic value.

     

    One of the best lessons I ever learned is that there's a theoretical fair value line for every stock, but the price only touches that line during transitions from undervalued to overvalued or vice versa.
    15 Apr 2013, 06:00 PM Reply Like
  • jcrjg
    , contributor
    Comments (174) | Send Message
     
    futurist,

     

    I am not sure what your question is or what your disagreement is with what I said. I think they would sell stock to raise money for a fair price. The question as John points out below is what is fair. I agree with most of what John said below the issue is that they may have to raise money at a price that is well below "fair value" because of the compulsion issue John referred to. I, like many others on this board, am wondering why they haven't raised money yet. Is it because they have no options, no one will offer them any money at any price? I don't think that is very likely. There has been speculation that there is a "good" reason, like waiting on the options to expire. To me the more likely option is that they have offers but these are not palatable because the board feels the stock price is already too low and they want to get the best deal. The only point I was trying to make is that the company is where it is and if you push trying to get the best deal too far you can end up worse off. Our belief that Axion should be worth more is not relevant right now, though I hope and think we will be rewarded in the long run.
    15 Apr 2013, 10:13 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    jcrjg,

     

    I have no question for you.
    I simply was pointing out that your semi-assertions about possible BOD behavior has no basis in history.
    16 Apr 2013, 08:31 AM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Maybe the BMW X4. Lower volume. Built in Spartanburg SC. Mid 2014 which is toward the front end of possible timing. Eh, Could work.

     

    2015 BMW X4 Future Car

     

    http://bit.ly/XARGGK
    14 Apr 2013, 05:08 PM Reply Like
  • LT
    , contributor
    Comments (5072) | Send Message
     
    I read about that awhile back, posted some on next years model. The 2015 X4 is probably our best hope.
    I would think that it's about time BMW did something to make SS work too.
    14 Apr 2013, 05:10 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    LT, You are correct on your feelings about BMW needing to work towards a more robust solution for SS. Obviously I've been one of more than a few advocates of this here. Let's cross our fingers we hear something soon. I doubt it would be Axion and BMW stating the target but BMW might let Axion state they have an auto contract with a little detail. That would work.

     

    I did like that they mentioned the Porsche as a target because they are using lithium and supporting things like coasting and engine off during deceleration. This would not be a good application for AGM.

     

    Also we can remember from the last cc that TG mentioned supply chain efforts at Axion. This is a must for automotive. Long term contracts with capable (Qualified) suppliers vs their spot buys out of South Korea and China.
    14 Apr 2013, 05:48 PM Reply Like
  • mrholty
    , contributor
    Comments (1038) | Send Message
     
    I can live with that especially since my wife has agreed that I get to buy a car that can say "Axion inside".
    15 Apr 2013, 09:43 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (2421) | Send Message
     
    "Axionized!'
    15 Apr 2013, 11:31 AM Reply Like
  • LabTech
    , contributor
    Comments (1777) | Send Message
     
    IINDelco,
    I like the idea, though the writer thought they would use some form of Li-ion so that the car could take advantage of some electric only hybrid driving abilities. It would fall into line with a post I made a few concentrators ago suggesting that it would be easiest for BMW to start a roll out of cars with PbCs in them from the Spartanburg plant, since that way they wouldn't have to worry about shipping the batteries to Europe. I hope we are both right! :-)
    15 Apr 2013, 09:49 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    LabTech, Understood. Possibilities while we wait.

     

    I still think a tier 1 supplier agreement is a must before any auto contract. But a year out and low volume might be a reasonable starting point.

     

    For launch assist from the battery? Not so much. Err, no.
    15 Apr 2013, 11:47 PM Reply Like
  • tonys23
    , contributor
    Comments (95) | Send Message
     
    Albert, I would be happy with 50 :-). Let's not be too greedy!
    14 Apr 2013, 05:53 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Knoxville Police Take Action by Enforcing and Ticketing Violators of Electric Vehicle Only Parking Ordinance
    http://bit.ly/15ednkE

     

    Washington Passes Law to Fine Motorists $124 for ICE Vehicles Parking in EV Only Spaces
    http://bit.ly/ZuYAdd
    In early March, the state of Washington considered a bill that called for a $124 fine for ICE vehicles illegally parked in or blocking electric vehicle-only parking spaces. The bill further stated that plug-in vehicles would be fined for parking in charging station spots, but not plugged in.

     

    Just in time for EV charging scandal.

     

    FBI Investigating Charging Network Developer 350Green for Wrongdoings in Chicago
    http://bit.ly/15ednkG
    And 19 other cities and regions.

     

    The first, three wheeled electric speedster called the TORQ was delivered.
    http://bit.ly/ZuYAdf
    14 Apr 2013, 07:27 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    Froggey, Re: the three wheeled speedster.

     

    "To the bat cave Robin"

     

    "Holey publicity stunt Batman!"

     

    POW! BOOM! BANG!
    14 Apr 2013, 11:29 PM Reply Like
  • D-inv
    , contributor
    Comments (4196) | Send Message
     
    FWIW, my TFH tells me the BOD pleasure, as opposed to displeasure, with performance of their Executive Vice President for Marketing and Business Development over the past year was needed to award a new three year employment contract (with new $10K bonus) this year after ~15 months on the job and nearly two years remaining on his initial contract. Displeasure with said executive's performance would likely have resulted in termination for non-performance after a full year + on the job.

     

    I think anyone looking for AXPW to go lower before buying/adding to their position has a very short window of opportunity if it exists at all. MHO of course, and I ask if anyone thinks the share price will not jump above $2 share on announcement of a large order for power cubes, an OTR locomotive battery order, auto contract award, major truck OEM contract award, etc?
    14 Apr 2013, 08:09 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1027) | Send Message
     
    D-Inv, I can't help but think that something even relatively small could be a major catalyst toward $1-2. Just enough news to take away major concerns about future financings would probably do it. --- A modestly small development by my own aspirations.
    14 Apr 2013, 09:16 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    D
    "FWIW, my TFH tells me the BOD pleasure, as opposed to displeasure, with performance of their Executive Vice President for Marketing and Business Development over the past year was needed to award a new three year employment contract"

     

    True!
    If there wasn't something good going on why would they keep them when it looks like they are at the rocks?
    Time to check the powder.
    14 Apr 2013, 09:36 PM Reply Like
  • D-inv
    , contributor
    Comments (4196) | Send Message
     
    I suspect I have placed my last buy order for AXPW (5k @.261). If it executes I will have trebled my share holdings since Jon Springer's survey.
    15 Apr 2013, 12:00 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    GL D-Inv! I think you'll get it.

     

    HardToLove
    15 Apr 2013, 12:06 PM Reply Like
  • D-inv
    , contributor
    Comments (4196) | Send Message
     
    :-) Hopeful, HTL but don't look to bat 1.000 on the day. Picked up several hundred SAND @ $7.04 earlier today.
    15 Apr 2013, 12:39 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    I don't know D-inv. It's looking like you should have bid 1 hundredth of a penny more! ;)) (Long chuckle)
    15 Apr 2013, 12:59 PM Reply Like
  • D-inv
    , contributor
    Comments (4196) | Send Message
     
    5k order did fill. Looks like I'm underwater $.0098 at close today. Tomorrow is another day.

     

    NSC reports '13Q1 earnings 4/23. Would not be surprised to see (hear of) NS999 self propelling beforehand.
    15 Apr 2013, 04:09 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    D-Inv/
    Thanks for letting me know I'm not the only one that loses on the first day of every trade. :-)
    15 Apr 2013, 04:32 PM Reply Like
  • iindelco
    , contributor
    Comments (9556) | Send Message
     
    I was hoping the next BizNS employee news letter for March/April would be out and have something on the NS999. With Gerhard Thelen retiring it might be the right timing. Don't know the standard timing of the release of these well enough to say if it's late or not.

     

    Edit: PS Congrats on the buy.
    15 Apr 2013, 04:35 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    all I know is this keeps up much longer, I'm gonna be a cartoon in a cartoon graveyard, my shot at redemption done shot, my photo-opportunity gone bad... I don't find this stuff amusin' anymore... get these mutts away from me, let me see them angels in the architecture, spinning to infinity, wired to the radio...

     

    are we not men? we are devo! Is this not beer? no, it is tears....

     

    St. Thomas of Granville, how we beseech thee!

     

    (this message done broughten to you by PBR, despair, and the 1980s..)
    14 Apr 2013, 09:48 PM Reply Like
  • Ranma
    , contributor
    Comments (1840) | Send Message
     
    At this point I just want to have it over with so I don't wake up unnaturally before market open each day. I'm not even setting the alarm!

     

    Overall I think it's positive. Both that there will be a positive financing, or if not, that Axion has enough business developments forthcoming this year to negate any immediate share price loss.
    14 Apr 2013, 10:11 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    St. Thomas of Granville?
    Didn't he turn battery acid into gold?
    14 Apr 2013, 11:08 PM Reply Like
  • Renzo
    , contributor
    Comments (352) | Send Message
     
    Carbon.
    14 Apr 2013, 11:56 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    Renzo,
    One of the best one liners( one worders) in a long time
    15 Apr 2013, 08:05 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18027) | Send Message
     
    My first thought was "lead into gold" and then "lead into carbon" with Renzo's post.

     

    Old alchemy thoughts,

     

    HardToLove
    15 Apr 2013, 08:16 AM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    HTL:
    Very clever also. I wish I was clever. But I don't have a TFH so what chance do I have?
    15 Apr 2013, 08:18 AM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    Futurist
    For alchemy you need one of those tall pointy hats. A star on the front is good too.

     

    http://bit.ly/17dlhqN
    15 Apr 2013, 09:38 AM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    Froggy,

     

    TFH, TPH.
    I have neither.
    15 Apr 2013, 11:07 AM Reply Like
  • axion-nl
    , contributor
    Comments (179) | Send Message
     
    With all the big uglies gone now, new MT contracts and financing to be announced any day now, the moment is there to start an impressive rally to fully reflects the great future of this company. However, I do think MT has to speak more in terms of sales and not in terms of RFP's
    15 Apr 2013, 07:36 AM Reply Like