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  • jveal
    , contributor
    Comments (658) | Send Message
     
    Howdy from a family visit in Texas.
    10 Aug 2013, 05:43 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    And a steamy afternoon on the Florida gulf coast.
    10 Aug 2013, 05:48 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    === Thursday's EOD Comments ===
    08/08/2013: EOD stuff partially copied from instblog (up already).
    # Trds: 130, MinTrSz: 100, MaxTrSz: 25000, Vol 613185, AvTrSz: 4717
    Min. Pr: 0.1350, Max Pr: 0.1415, VW Avg. Tr. Pr: 0.1384
    # Buys, Shares: 32 222890, VW Avg Buy Pr: 0.1393
    # Sells, Shares: 97 385295, VW Avg Sell Pr: 0.1379
    # Unkn, Shares: 1 5000, VW Avg Unk. Pr: 0.1375
    Buy:Sell 1:1.73 (36.3% “buys”), DlyShts 188020 (30.66%), Dly Sht % of 'sells' 48.80%

     

    As noted yesterday, “... the behavior seen in the recent past after a spike: big drop down and start to crawl back towards “normal””. Today it's right back where it belongs. I don't expect it to hold though – the “financiers” should be in the market and our “usual suspects” should be active. When we've seen them active in the past, we had very low short percentages along with a down-trend in share price. If daily short sales stays in the “normal” range (actually above the four averages ATM of 25.77%, 22.67%, 24.37% and 19.81% for the 10, 25, 50 and 100-day averages respectively) for a while we may not see a strong trend of depreciation in price. Since all but the 50-day are in a slight up trend, there's a decent chance of this. However, past behavior suggests that the daily short sales will have drastic swings before the trend becomes clear.

     

    ARCA was on the field today, starting around 10:15.

     

    Yesterday I said, in part, “ With the day's low and VWAP so close together so quickly, I'm guessing the next penny will go by quickly, sans some catalytic news”. VWAP is headed in that direction (yesterday was $0.1435) with a drop of -3.57% today, but the buy:sell is a bit better than I would have expected. Maybe the drop won't be as sharp as I thought.

     

    It may be that the strategy is just get some low VWAPs in place to maintain the 85% price at a low level without crushing buyer enthusiasm (Huh?). This would dictate a slower and shallower dip than my “Vulture Financier Banzai” scenario would suggest. We'll just have to see how it plays out. With a 20-day average $0.14 VWAP, the issue price would be $0.119. Maybe they'll be satisfied with that, leaving a little blood in the bodies scattered about the landscape.

     

    Yesterday I said “But today, at least, I think the price action supported my thoughts that they want to hammer price to acquire shares more cheaply for some while longer yet. Did anybody see signs of support I didn't see? I was pleasantly surprised that the buy:sell came in at a reasonable ratio. That was accompanied by an average trade size that is quite reasonable too”. See above paragraph. With buy percentage up 3.3 percentage points today, maybe they don't or maybe they are doing the death by a thousand cuts thing. With the again-smaller average trade size, slight buy percentage improvement and slowly reducing volume, I think they at least took a break from hammering.

     

    Week end & this week's daily estimated values (older dailys in prior EOD posts) for next share issue:
    06/14: 20 lowest intra-day VWAPs in 40 days avg, $0.2315, x 85%: $0.1968 Wk cls VWAP $0.2122
    06/21: 20 lowest intra-day VWAPs in 40 days avg, $0.2176, x 85%: $0.1850 Wk cls VWAP $0.1751
    06/28: 20 lowest intra-day VWAPs in 40 days avg, $0.1956, x 85%: $0.1663 Wk cls VWAP $0.1474
    07/05: 20 lowest intra-day VWAPs in 40 days avg, $0.1805, x 85%: $0.1534 Wk cls VWAP $0.1518
    07/12: 20 lowest intra-day VWAPs in 40 days avg, $0.1657, x 85%: $0.1408 Wk cls VWAP $0.1403
    07/19: 20 lowest intra-day VWAPs in 40 days avg, $0.1539, x 85%: $0.1309 Wk cls VWAP $0.1543
    07/26: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1555
    08/02: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1733
    08/05: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295
    08/06: 20 lowest intra-day VWAPs in 40 days avg, $0.1520, x 85%: $0.1292
    08/07: 20 lowest intra-day VWAPs in 40 days avg, $0.1511, x 85%: $0.1285
    08/08: 20 lowest intra-day VWAPs in 40 days avg, $0.1501, x 85%: $0.1276

     

    Vol, in K, for above weeks: 4,356, 1,934, 3910, 1,217, 2902, 5041, 2731.
    Vol, in K, for above days: 425.7, 1,691.8, 689.7, 613.2.

     

    On my original inflection point calculations, readings for 5, 10, 25, 50, 100 and 200 day periods:
    1-day change: -6.6%, -27.1%, -1.4%, -5.8%, -0.7%, -0.6%
    5-day change: 6.8%, -40.1%, -56.7%, -13.2%, 3.5%, -4.2%
    5-day rate of change change: 28.7%, -1.3% -17.0%, 5.6%, 0.8%, 0.1%

     

    On my newer inflection point calculations, for those same periods:
    1-day change: -3.0%, -9.4%, -2.0%, -4.1%, -0.7%, -0.5%
    5-day change: 3.4%, -23.4%, -23.7%, -16.0%, -15.1%, -16.2%
    5-day rate of change change: -1.6%, -59.9%, -83.2%, -108.2%, -162.8%, -190.7%

     

    As with yesterday, everything is going south on my original experimental inflection point calculations, , as easily seen on the charts. The numbers don't add much information when the visuals are so clearly aligned.

     

    On the the newer version, I said yesterday, in part, “The only additional thought is that the longer-term calculations, 50, 100 and 200-day periods, broke below the trend lines that I had hoped may act as a lower bound, thereby suggesting some appreciation on the way. ...”. Those periods have slowed their descent rate. But it's only one day so far. I expect tomorrow may show all three flat or even curling up a bit. The three short-term periods have the same activity going on. The five and twenty-five day have gone very near flat already.

     

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

     

    HardToLove
    10 Aug 2013, 06:25 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    A whacking good day here too.
    Weed whacking that is. :-)
    10 Aug 2013, 07:56 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2800) | Send Message
     
    Just got back from beach volleyball. Awesome day. 78 degrees, no wind, friends, babes, drinks, pizza delivery. Love it.
    10 Aug 2013, 10:51 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (1509) | Send Message
     
    still sore from dancing
    11 Aug 2013, 01:19 AM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    Spent the day soul searching...

     

    Didn't find much.

     

    Mebbee someday the market will give me mine back. ;)

     

    DTG 2149 PDT 10AUG2013
    11 Aug 2013, 01:32 AM Reply Like
  • geopark
    , contributor
    Comments (311) | Send Message
     
    >481086 . . . Very, very funny.

     

    Reminds me of a New Zealand sweatshirt that says:
    They met
    they had a conversation
    it wasn't deep

     

    geopark
    11 Aug 2013, 11:37 AM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    Soon will be the End of the Fiscal Year. That usually also marks when new initiatives officially start. "New" funds are available and changes are put in place. A good time for announcements of partnerships and new trains.
    If this causes a stock price move up, what tune do you think the PIPEr will be playing?
    11 Aug 2013, 09:06 AM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    PIPE investors are concerned with two metrics: return of investment and return on investment. Because of the way the deal is structured, Axion's PIPErs can be highly confident that they'll get a return of their investment with a 20% to 30% yield even if prices stay low. If prices climb above $0.31 in response to news, the PIPErs will make a killing because they'll be getting conversion payments in stock valued at $0.264 and then selling those shares for whatever the market will bear.

     

    While the price remains low the PIPErs have to sell enough stock to get their monthly installments converted to cash. That creates selling pressure we'd rather avoid in times of no news. If we get news that increases buying pressure, the PIPErs almost become invisible because they're getting their monthly payments with an extraordinary return on their investment.
    11 Aug 2013, 10:29 AM Reply Like
  • obieephyhm
    , contributor
    Comments (1593) | Send Message
     
    huh. I always manage to post something right before the new concentrator link comes out . . .

     

    (should my paranoia meter be peaking?)

     

    jk.
    11 Aug 2013, 01:44 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    The mere fact that you're paranoid doesn't mean they're not out to get you.
    11 Aug 2013, 03:32 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    OT Carlos:

     

    As atonement for my misspelling of your country (not really - Stilldazed thought you might enjoy this), here's an installation of one of my favorite energy tech things in Bogota.

     

    AFAIK it is the first completely stand-alone off-grid $(CPST) installation in the Americas.

     

    Bogota: http://tinyurl.com/le5...

     

    All Capstone videos: http://bit.ly/11a5V82

     

    HardToLove
    11 Aug 2013, 02:19 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (799) | Send Message
     
    Hello H.T. Love.

     

    Gracias, now I am waiting AXION POWER in Bogotá & Armenia.

     

    Saludos-Carlos.
    11 Aug 2013, 07:15 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1047) | Send Message
     
    PayPal billionaire Elon Musk's new project seeks to throw transport for a loop

     

    http://bit.ly/11Xdz54
    11 Aug 2013, 04:21 PM Reply Like
  • Amouna
    , contributor
    Comments (1637) | Send Message
     
    "Billionaire Elon Musk's CV is impressive, to say the least. He made his initial fortune from PayPal before going on to launch spaceships. He also founded Tesla, which has made electric sports cars viable and profitable..."

     

    DUHHH? Profitable? What are these guys smoking?? Well as long as there are people out there drinking the Kool, I will be happy to just sit back and enjoy the herd stampede :)

     

    Thinking the time to initiate a nice big short on TSLA is getting closer and closer!
    11 Aug 2013, 04:42 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    The problem with bubble stocks is you can never tell how big the bubble will get before some prick comes along and bursts it. In 2000 the fuel cell companies like Ballard and Plug Power soared to unimaginable levels before crashing. The same thing happened with ethanol in 2006. Musk is the finest promoter I've ever seen and there's no telling how big his bubble will get, but you know the end is near when he starts publishing non-GAAP numbers that are more accurately described as hypothetical.
    11 Aug 2013, 04:47 PM Reply Like
  • Amouna
    , contributor
    Comments (1637) | Send Message
     
    I know quite a few people who rode the TSLA bull from 30+ to the current level, and astonishingly a lot of them still think there are legs in this bull run! I am jealous to be honest...

     

    The moment Axion starts moving up, I hope its bull run will go on for years to come!
    11 Aug 2013, 04:56 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    Everybody talks about "reversion to the mean" as investing gospel but what they're really talking about is the pendulum-like behavior of stock markets where the mean that stock prices try to revert to is bottom dead center.

     

    Tesla has gone from over-valued at $30 to psychotically overvalued at $150. Pendulums always revert to the mean and then typically progress to an equally psychotic under-valuation.

     

    I firmly believe Axion is psychotically under-valued at $0.17 a share. If I'm right, the off-setting overvaluation phase should be a ton of fun even with a few more shares outstanding.

     

    Unfortunately only time will tell whether I'm right or wrong.
    11 Aug 2013, 06:52 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    08/09/2013: EOD stuff partially copied from instablog (up already).
    # Trds: 112, MinTrSz: 100, MaxTrSz: 25000, Vol 468800, AvTrSz: 4186
    Min. Pr: 0.1391, Max Pr: 0.1489, VW Avg. Tr. Pr: 0.1410
    # Buys, Shares: 20 114800, VW Avg Buy Pr: 0.1426
    # Sells, Shares: 92 354000, VW Avg Sell Pr: 0.1405
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:3.08 (24.5% “buys”), DlyShts 40400 (8.62%), Dly Sht % of 'sells' 11.41%

     

    As noted yesterday regarding the daily short sales, “... Today it's right back where it belongs. I don't expect it to hold though ... However, past behavior suggests that the daily short sales will have drastic swings before the trend becomes clear”. Today continues the swings from high to low: 0.24.89%, 10.45%, 17.60%, 30.66% and 08.62%.

     

    I'd like to think that Friday's small upturn in VWAP was meaningful, but it Was a Friday and through 10:36 (the latest I peeked at bid/ask) ARCA had not appeared. So I don't read much into this small uptick: $0.1680, $0.1551, $0.1435, $0.1384 and $0.1410.

     

    The low 20-day VWAP and 85% price continue down. Yesterday I wondered “With a 20-day average $0.14 VWAP, the issue price would be $0.119. Maybe they'll be satisfied with that, leaving a little blood in the bodies scattered about the landscape”. So far they seem to be moving us that way as the low 20-day VWAP has now dipped below $0.15, as noted below.

     

    Today we gave back that 3.3 percentage point gain in the buy percentage and another 8.8 percentage points. So it appears the “hit the bid” hammering I've been noting is not over as they apparently continue to want lower prices, fitting my scenario of get as many shares as possible as cheaply as possible, without driving all buyers off, hopefully.

     

    However, yesterday my newer experimental inflection point calculations stopped dropping and seem to suggest there may be a cessation of the down trend in our near-term future. See numbers below and the charts in the instablog.

     

    Week end & this week's daily estimated values (older dailys in prior EOD posts) for next share issue:
    06/14: 20 lowest intra-day VWAPs in 40 days avg, $0.2315, x 85%: $0.1968 Wk cls VWAP $0.2122
    06/21: 20 lowest intra-day VWAPs in 40 days avg, $0.2176, x 85%: $0.1850 Wk cls VWAP $0.1751
    06/28: 20 lowest intra-day VWAPs in 40 days avg, $0.1956, x 85%: $0.1663 Wk cls VWAP $0.1474
    07/05: 20 lowest intra-day VWAPs in 40 days avg, $0.1805, x 85%: $0.1534 Wk cls VWAP $0.1518
    07/12: 20 lowest intra-day VWAPs in 40 days avg, $0.1657, x 85%: $0.1408 Wk cls VWAP $0.1403
    07/19: 20 lowest intra-day VWAPs in 40 days avg, $0.1539, x 85%: $0.1309 Wk cls VWAP $0.1543
    07/26: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1555
    08/02: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1733
    08/05: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295
    08/06: 20 lowest intra-day VWAPs in 40 days avg, $0.1520, x 85%: $0.1292
    08/07: 20 lowest intra-day VWAPs in 40 days avg, $0.1511, x 85%: $0.1285
    08/08: 20 lowest intra-day VWAPs in 40 days avg, $0.1501, x 85%: $0.1276
    08/09: 20 lowest intra-day VWAPs in 40 days avg, $0.1492, x 85%: $0.1268

     

    Vol, in K, for above weeks: 4,356, 1,934, 3910, 1,217, 2902, 5041, 2731.
    Vol, in K, for above days: 425.7, 1,691.8, 689.7, 613.2, 468.8K.

     

    On my original inflection point calculations, readings for 5, 10, 25, 50, 100 and 200 day periods:
    1-day change: -4.2% -14.4% -5.6% -1.9% -0.8% -2.8%
    5-day change: 5.0% -15.0% 9.2% 3.1% 2.3% -9.5%
    5-day rate of change change: 23.3% 3.3% 25.0% 17.1% 13.8% -13.4%

     

    On my newer inflection point calculations, for those same periods:
    1-day change: 9.9% 11.2% 18.7% 17.4% 18.2% 21.3%
    5-day change: 19.5% 15.6% 35.0% 33.7% 41.0% 38.0%
    5-day rate of change change: 21.9% 11.3% 23.9% 21.4% 21.5% 17.5%

     

    As with yesterday, everything is going south on my original experimental inflection point calculations, , as easily seen on the charts. The numbers don't add much information when the visuals are so clearly aligned.

     

    On the the newer version, I said yesterday, in part, “Those periods [50, 100 and 200-day] have slowed their descent rate. But it's only one day so far. I expect tomorrow may show all three flat or even curling up a bit. The three short-term periods have the same activity going on. The five and twenty-five day have gone very near flat already”. Today matches that possibility – check the numbers and the charts in the instablog. Let's see if a trend now develops or if we just ha an aberration.

     

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

     

    HardToLove
    12 Aug 2013, 09:14 AM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    Welp, I'm now the proud owner of 66,666 more shares. The devil made me do it. ;-)
    12 Aug 2013, 10:06 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    Congrats on the cheap shares. I'm holding out for below .12 before buying any more. I already have enough shares that I will be happy if it does not ever get that low. However, I think news of any REAL sales is at least 6 months off and I can't see how it won't go lower in the meantime as the PIPErs continue pumping millions more shares into the market. I hope I am proven wrong by some good news at the next conference call.
    12 Aug 2013, 10:38 AM Reply Like
  • Amouna
    , contributor
    Comments (1637) | Send Message
     
    NGS,

     

    At this point, I believe it is wise to NOT hope that shares cannot plummet to new all time lows, otherwise you will get disappointed/frustrated. I am personally prepared to see them go below 10 cents (not that I am wishing for it, far from that), as I don't see much in the way of that happening and PIPErs are having in full control of the market now.

     

    Having said that, I think a major buying opportunity will present itself at those levels!
    12 Aug 2013, 11:14 AM Reply Like
  • WayneinOregon
    , contributor
    Comments (1047) | Send Message
     
    "I think news of any REAL sales is at least 6 months off..."

     

    >NGS: --- You may be right on this, but I believe there's a very good probability of significant news in the next six months that will indicate more reliable future revenues in the near-term. If so, I would think that would be sufficient to not only end the downward spiral, but perhaps reverse it. --- I myself feel pretty confident NS is going to deliver something for us this year.

     

    >Greentongue... Congratulations on being the proud owner of a nice new chunk of Axion shares! --- My crystal ball is far from perfect, but I think it could well prove to be pretty fortuitous timing, as I just don't see a lot more downside from where we're currently at.
    12 Aug 2013, 01:34 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    WiO. I do expect NS999 to roll out some time this calendar year, but I don't expect NS will be placing any orders for additional batteries until about 1 year of testing has gone by and they decide it might be worth building another. A potential $400k order 2 years from now isn't going to move the stock.

     

    Nearest possible news would be a deal with a BMW OEM supplier, but that will take another year to see any product roll off the line.

     

    ePower still has months of assembly and testing to do before they start ordering more.

     

    Maybe a PowerCube sale or two this year as TG suggested in the last CC, but I am starting to be skeptical of even that. We should have heard something about an order by now.

     

    I think late-2014 will be a time of prosperity for Axion. I just hope we still own more than 5% of the company by that time.
    12 Aug 2013, 02:18 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    More advancements for coasting.

     

    Bosch eClutch enables stop-and-go driving with manual transmission without driver engaging clutch

     

    "With the eClutch, drivers simply use the brake and gas pedal in stop-and-go traffic, just as with an automatic transmission, without accidentally stalling the engine. In addition, the eClutch makes the coasting function possible, which saves fuel. Bosch estimates that the eClutch can reduce real fuel consumption in stop-start coasting by 10% on average."

     

    http://bit.ly/13SZCqc
    12 Aug 2013, 12:39 PM Reply Like
  • RBrun357
    , contributor
    Comments (787) | Send Message
     
    Looks like another government funded failure in the making!

     

    EV charger maker Ecotality says may file for bankruptcy

     

    http://reut.rs/15v8TjW
    12 Aug 2013, 12:39 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    Ecotality wants to sell chargers but they're also the outfit that's doing the performance testing on the ALABC Honda Civic retrofit with the Ultrabattery.

     

    http://bit.ly/11HfZjx
    12 Aug 2013, 12:48 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >JP ... If, as you have said, East Penn doesn't have any real interest in the auto OEM sector, why is the DOE sponsoring a demonstration using it? I understand EP doing it ... because, well, why not if someone else is paying for it. After all PR is PR, but why not use an advance Lead battery that want to be in the auto sector? I also understand Axion's reluctance because of the distraction from core interests & lack of funds along with the required IP revelations, if I'm remembering correctly, you've said ALABC insists be made to the industry.

     

    Just idle wondering here on my part while I await the details of the "HyperLoop-alpha". My interest today.
    12 Aug 2013, 01:06 PM Reply Like
  • Amouna
    , contributor
    Comments (1637) | Send Message
     
    Concentrator seems awfully quiet these days, I guess it's holiday season in AxionistaVille? :)
    12 Aug 2013, 02:26 PM Reply Like
  • tripleblack
    , contributor
    Comments (13542) | Send Message
     
    Yes, its the traditional yearly "PIPEo'ween". Similar to the Charlie Brown Great Pumpkin Halloween story, except we are sitting in the battery patch waiting for the Great News to arrive instead.
    12 Aug 2013, 02:30 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    The dog days are always a slow time on SA, unless you decide to criticize Tesla publicly.
    12 Aug 2013, 02:31 PM Reply Like
  • Amouna
    , contributor
    Comments (1637) | Send Message
     
    I let you do that John since you seem gifted at stirring the pavlovian reactions of the Tesla fanboys like no one else on SA ;)
    12 Aug 2013, 02:36 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Oh what fun. What awaits at the other end? Apple cider and fresh pie? Or a big ole stinky waste treatment tank?

     

    http://bit.ly/13TfCbM
    12 Aug 2013, 02:41 PM Reply Like
  • obieephyhm
    , contributor
    Comments (1593) | Send Message
     
    iindelco> sumbuddy has toooo much free time on their hands . . . (jk)
    12 Aug 2013, 03:02 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Obieephyhm, :(
    12 Aug 2013, 03:39 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1047) | Send Message
     
    >NGS — RE: “I do expect NS999 to roll out some time this calendar year, but I don't expect NS will be placing any orders for additional batteries until about 1 year of testing has gone by and they decide it might be worth building another.”

     

    Perhaps I’ve been naively optimistic. — I’ve had the impression it would likely take much less than a year after roll out for NS for determine whether to take the next step. And that next step, instead of building just one more, would probably entail deciding whether or not to do a fleet testing of many more.

     

    I seem to remember JP estimating that a fleet testing could involve as many as 100 locomotives. While I realize this was only an estimate, the difference between building just one more, and a fleet testing as many as a 100 more is quite a difference. --- Perhaps I’ve been overly optimistic about the potential of the roll out, and the possibility of a sizable PbC order a few months later.
    12 Aug 2013, 02:59 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    WiO: I *suspect*, with the amount of testing by three independent parties and the experience of the old NS-999, which I presume was well-instrumented, I think (NSC) *knows* if it will work or not. The use of the new NS-999 will be "confirmation" and I think the amount of time from roll-out to "confirmed" will be less than we anticipate.

     

    Since NSC has a government grant for an OTR locomotive, we could see batteries ordered with a shorter NS-999 confirmation period.

     

    No way to know, but NSC knows their business now on electric locos I think.

     

    MHO,
    HardToLove
    12 Aug 2013, 03:08 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    WiO. I am no expert on the supply and demand for yard switchers, but I just don't see how they could just jump from one test model to a whole fleet of 100. There would have to be a need for that many. While they may ultimately get to a fleet of 100, my guess is they will take existing switchers out of service as they wear out and replace them with the electric models. They don't really seem to be driven by EPA emissions requirements, and none of the other railroads seem overly concerned with that either. In any event, I don't think a fleet ramp-up would happen until they have tested NS999 for several months and then spent several more months evaluating the data.
    12 Aug 2013, 03:12 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    Norfolk Southern operates a national fleet of over 4,000 locomotives.

     

    http://1.usa.gov/197SPw1

     

    The EPA regulations relating to cleaning up railroad exhaust emissions kick into high gear in 2015. The NS 999 prototype and the proposed OTR prototype are, from a regulator's perspective, interesting but meaningless toys.

     

    If NS wants to convince the regulators that it's serious about battery electric locomotives, it must be able to show them a testing fleet that's "statistically valid" for the wide variety of conditions NS encounters throughout its system.

     

    The mathematicians in this group can probably give a better indication of the number of battery electric locomotives the regulators would consider "statistically valid," but I've suggested that a fleet of at least 100 units would be needed by 2015, although the actual number may be more or less.

     

    The one thing I can say for certain is that two prototypes with nothing more will be immediately dismissed as greenwash.
    12 Aug 2013, 03:35 PM Reply Like
  • tripleblack
    , contributor
    Comments (13542) | Send Message
     
    What are the plans at the other major railroads? How do they expect to meet the new regulations?
    12 Aug 2013, 03:43 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >tripleblack ... The other railroads, and Norfolk Southern, are going to meet the EPA requirements with diesel gensets for yard work. Thus it will be until 2020 to 2025 when the next rebuild phase begins. There was quite a bit of interest, 2008 to 2012, in alternatives (battery, fuel cell, NatGas) but nothing came of testing ... yet continues. It is not too late for NSC to do something within their own company but that would be the extent of it.

     

    The winn
    12 Aug 2013, 04:00 PM Reply Like
  • tripleblack
    , contributor
    Comments (13542) | Send Message
     
    Thanks DR!

     

    http://1.usa.gov/14HNWJE

     

    DOT's 400+ page small type document. HEAVY reading, that.

     

    It would appear that the plan includes adding urea to the fuel, using strictly low sulfur fuel, adding catalytic reduction systems, and particulate filters so large that they can only be installed and handled with a strong crane...

     

    Buried in the regulations is the expected bit about swappable and saleable credits for those that can beat the standards - which if the wild trading going on in the oil refinery business is any indication, might be a large dollar affair (think 10 or 11 zeroes) some day.
    12 Aug 2013, 04:18 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    "... adding urea to the fuel, using strictly low sulfur fuel, adding catalytic reduction systems, and particulate filters ..."

     

    Which means those diesels will now be seeing the added expense and maintenance requirements that OTR trucks that use these systems have experienced.

     

    That's good for the potential for any alternate successful motive systems, like electric battery power, not so good for the customers that will pay higher rates and/or the railroads that will have some reduction in profit margin.

     

    Reduced locomotive availability, as maintenance requirements increase, might be seen. So they may need a couple more locomotives here and there.

     

    HardToLove
    12 Aug 2013, 06:03 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >H.T.Love ... I can hope that those "couple more locomotives here and there." will be an alternative to diesel but looking across the capital budgets I've seen it doesn't appear that way among the majors. The thing that once upon a time had me bullish about alternative propulsion were the short-lines. That is where the switcher is most in demand. Now the delivery schedules here could accommodate a change to something like battery or hybrid power because those extend into 2017 to 2019, but it is not looking hopeful.

     

    Something from NSC, BNSF, UP or CP needs to hit the rails this year and be "proven" by the middle of next to get into demonstrators for the end of decade window. These decisions and changes are made slowly. Norfolk Southern is the closest and (my opinion) the most practical but .... sigh ... moan ... well, maybe ... but we don't know if the system works or not and may not anytime soon. Hang the PR. There is no substitute for seeing a system working. Presently the only alternatives that are doing work, albeit definitely still in R&D testing, are GE (hybrid), BNSF (fuelcell) & CN (NatGas) with a smattering of small company ideas.

     

    There are other alternatives, even some battery, but they are Japanese, German & Russian. I just can't wrap my mind around ever seeing those locomotives being imported but it is a possibility.
    12 Aug 2013, 06:43 PM Reply Like
  • thotdoc
    , contributor
    Comments (1732) | Send Message
     
    Are you saying that they really have no use for the Axion battery?
    12 Aug 2013, 09:52 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >thotdoc ... They have use of Axion batteries if they decide to implement battery power. I think it is safe to assume they are happy with the results so far and I think they haven't found anything better.

     

    The question is; Will Norfolk Southern implement battery power or continue to research it?

     

    I can't answer this question but I have a preference about what the answer should be.

     

    In a PRNewWire release from 9Aug2013; "Norfolk Southern has disclosed the railroad's business strategy for reducing greenhouse gas emissions and its environmental footprint in a filing with the international not-for-profit CDP."
    ....
    "In the CDP filing, Norfolk Southern describes key strategic initiatives to reduce greenhouse gas emissions. They include:
    ......
    continuing research and development of alternative power, including renewable biofuels and battery-powered locomotives"

     

    http://cnb.cx/120V93n

     

    I've been watching this saga so long I'm going to draw the distinction between "continuing research" and "implementation". One is great, wonderful & beneficial to Axion ... the other ... not so much. Time will tell but time is not Axions' friend.

     

    I'd be thrill to be proven a curmudgeon on this. Today, I'm just running out of enthusiasm
    12 Aug 2013, 10:38 PM Reply Like
  • thotdoc
    , contributor
    Comments (1732) | Send Message
     
    Thank you-
    G
    13 Aug 2013, 10:30 AM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    If Axion batteries were stacked like lego blocks, how big would the "wall" behind the truck cab have to be, to contain the 56 for ePowering a truck?
    12 Aug 2013, 03:45 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    The batteries are mounted in boxes that hang on the side of the chassis between the front and rear wheels along with the fuel tanks. Space is not an issue on a Class 8B sleeper tractor which has plenty of available real estate. While it may be an issue on Class 8A tractors with day cab configurations, ePower has the technical challenges well in hand.
    12 Aug 2013, 06:11 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    Greentongue: If I was a driver, I wouldn't like to have that much weight stacked up behind the cab. A panic stop would tend to expose weaknesses that might be a threat to the driver's well-being.

     

    HardToLove
    12 Aug 2013, 06:20 PM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    Would think the weight would be less than the load being hauled and drivers pull heavy loads all the time. In fact having a "shield wall" may be comforting. ;)
    12 Aug 2013, 07:26 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1356) | Send Message
     
    A stack of batteries enclosed in a metal cabinet would probably qualify as a cab/headache rack. However, that is a lot of weight to place on a single point on the frame rails. The frame rails would need inserts which would help. I see it working but the best practice would be to distribute the weight along the frame rails between the fuel tanks and the wheels...
    12 Aug 2013, 07:48 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Tim, Probably better with a lower center of gravity as well. Or are corners at higher speeds with cross winds fun and thus making for a better challenge?
    12 Aug 2013, 07:56 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    ePower's initial concept for the Sleeper had the batteries stacked vertically in a cabinet behind the cab. It limited the freedom of adjustment on the 5th wheel and back-up maneuverability. In other words, it was one of many ideas that didn't work and doesn't merit further discussion.
    12 Aug 2013, 08:30 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1356) | Send Message
     
    iindelco, HCG would definitely be a concern on a lighter class of truck. I suspect it would be hard to feel at highway speeds. Perhaps a problem at low speeds on a raised and twisted approach (driveway).

     

    John, it wasn't a bad idea if the wheelbase allowed. There are many trucks out there with a toolbox (full of tools/chains) of approx same dimensions. These are mostly platform (flatbed) trailers. I had one and just needed a longer wheelbase to make things work.

     

    However, if we can keep it down by the rails we can fit a larger market...
    12 Aug 2013, 11:47 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Diesel locomotive market growing despite weak European demand

     

    "SCI believes the European after-sales market provides suppliers with an opportunity to compensate for a fall in unit orders, while innovations such as the use of hybrid technology, particularly for industrial shunters and multi-engine units, which have proved popular in the United States, could determine the success of manufacturers in the European market in the next few years."

     

    http://bit.ly/14HOvD6
    12 Aug 2013, 04:24 PM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    Dog Day Thoughts!

     

    Who would be a second possibility in the Rail sector? The whole industry is facing the same timeline as regards regulations, so are any other RR Co.'s pursuing an electric option? If there is another candidate for AXION, have they made any inroads towards those goals?

     

    Who would be a likely/preferred candidate among the Trucking OEM's for APU, Serial Hybrid, Class 8 Start-Stop? Have any of these possibilities made efforts or accomplished anything in these areas?

     

    Since most agree East Penn is not a likely partner to meet BMW's need for second source alternatives and EXIDE has a few impediments to their being an option, who besides JCI is left on this side of the Atlantic? Battery OEM's in the EU region that currently serve the A-OEM's?
    What about East Penn partnering for the manufacture of the Anodes for other battery OEM's rather than actually supplying the A-OEM's? Advantages/disadvantag...

     

    Has anyone found a well received iteration of Start-Stop? (well received meaning real world drivers being mostly satisfied with its' operation without consideration of the battery's performance.)
    12 Aug 2013, 04:48 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    The first thing you need to remember is users are never happy with new automotive systems mandated by government. I've watched the user uproar over the years for things like lap belts, shoulder belts, positive crankcase ventilation, catalytic converters etc etc etc.

     

    The list goes on forever and consumers have hated every one before they adjusted to the new reality and stopped complaining.

     

    Micro-hybrids will be no different.
    12 Aug 2013, 05:24 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    Chevy seems to have a good stop/start system in the Malibu. Here is a quote from the Edmunds review:

     

    "The Eco model's quasi-hybrid system operates seamlessly, rarely reminding the driver of its existence. For instance, when the engine shuts off automatically when the car comes to a stop, you don't get as much of the telltale shudder when it turns back on as is common to most auto stop/start systems."

     

    So, if they can just come up with a battery that lasts, it should be a pretty good system.
    12 Aug 2013, 06:00 PM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    I absolutely agree, but for the caveat that some versions of Start-Stop we have seen reporting on have gotten grander acceptance for not being clunky, harsh, slow, noisy... but these have only been "reporters" views and PR pieces. I'm thinking that the e-assist versions have gotten some good consumer response and am wondering if that understanding is correct and are there other examples. (As has been noted here, BMW consistently gets panned for their attempts so f
    12 Aug 2013, 06:04 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Hammond Group, Inc. (HGI), owner of Hammond Expanders and Hammond Oxides, has announced a new family of next generation battery additives and expanders formulated specifically for advanced lead-acid batteries.

     

    "One of the first product introductions is a new, proprietary expander formulated to meet the specific demands of idle stop-start and micro-hybrid applications.

     

    The traditional expander blends using carbon black, lignosulfonate and barium sulphate, have not been fully sufficient to meet the demands of dynamic charge acceptance. The new expander blend uses a significantly higher amount of advanced carbons in the mix to achieve desired performance characteristics."

     

    http://bit.ly/19oAV9m
    12 Aug 2013, 05:56 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    Iindelco: On first blush this seems like a variation on the Ultrabattery. I wonder (since I've not read the article yet) if the results will be similar.

     

    HardToLove
    12 Aug 2013, 06:07 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    There's a clear spectrum running from AGM, to AGM with carbon additives, to the Ultrabattery and finally to the PBC.

     

    The step up from AGM to AGM with carbon additives is small (<50% of AGM).

     

    The step up from AGM with carbon additives to the Ultrabattery is large. (~100% of AGM with additives)

     

    The step up from the Ultrabattery to the PbC is enormous (200% to 400% of Ultrabattery).
    12 Aug 2013, 06:16 PM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    What do you suppose???

     

    "advanced lead-acid" batteries, I'm not clear if that is even describing AGM rather than flooded lead acid that had someone else's additives. Is 'advanced' the equivalent of AGM or does 'advanced' mean that some snake oil has been added, or ???
    12 Aug 2013, 06:31 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    HTL, I don't think this is all the way up to a Ultrabattery level solution. I think we will see any number of attempts to enhance the positive and negative active materials, the glass mats, separators and the electrolyte. We've seen any number of pixie dust offerings posted here. There will be more. Problems without cheap fantastic solutions create many alternatives to deliver incremental improvement.
    12 Aug 2013, 06:57 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    42itus1, Seems the industry is using the word "advanced", as it's applied to LAB's, similar to the way that the food industry applied the phrase "New and Improved". Yes it's new and yes it's improved but the range is all over the place.
    12 Aug 2013, 07:01 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Some added info. on the NYS government monies for truck conversions per the prior post.

     

    State jacks up savings on electric trucks

     

    http://bit.ly/16bQUW0
    12 Aug 2013, 07:17 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    IIndelco
    Here's the home site.
    https://truck-vip.ny.gov

     

    A fact sheet as well
    http://bit.ly/19p19Zz
    12 Aug 2013, 10:01 PM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    If it takes 56 batteries for ePowering a class 8 truck, how many would be needed for a pickup? (There is usually a lot of empty space under a pickup bed.)
    If a 4 banger can drive a class 8 ePowered truck, will a motorcycle engine power a pickup?
    12 Aug 2013, 07:50 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    Axion looked at pickup retrofits back in 2008 and decided the game wasn't worth the candle because the battery sales were too small for the effort they required. It would have been a great way to lose piles of money.

     

    The ePower tractor uses a 480 volt AC generator to power the drive motor. Even the smallest passenger cars require well over 100 volts from the electrical system. That takes a lot of batteries and requires a lot of space.
    12 Aug 2013, 08:32 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2428) | Send Message
     
    greentongue, an important issue is annual mileage. Few pickups regularly drive over 50,000 miles per year.

     

    Few motorcycle engines can run 200,000+ miles reliably.
    13 Aug 2013, 10:28 AM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    The numbers in trucking are even higher than that. The EPA's SmartWay Partnership is an incredible data source. According to them:

     

    Class 8A trucks in the 33,000 to 60,000 pound GVW range average 60,000 miles per year and haul a typical payload of 9 tons.

     

    Class 8B trucks in the 60,000 to 80,000 pound GVW range average 80,000 miles per year and haul a typical payload of 20 tons.

     

    When you get to the long-haul freight guys, 125,000 to 200,000 miles a year is the rule.

     

    Most operators expect to get 500,000 to 600,000 miles between drivetrain rebuilds.
    13 Aug 2013, 11:19 AM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    >greentongue,
    I've been watching this companies hype for a couple years, though evidence of real sales is pretty limited. It is an intriguing concept and is essentially a serial hybrid drive train. Of course they are using some form of a Li battery. Fun to think about tho!

     

    http://www.viamotors.com
    13 Aug 2013, 11:41 AM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    It's a battery dominant series hybrid drivetrain, just like the Volt and the Fisker Karma.
    13 Aug 2013, 11:55 AM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    My point is that if you can reduce the power requirement down to just what is needed for "steady state" driving, the fuel usage might be reduced or at least the pollution from it. Using batteries to ePower the acceleration or hill climbing when needed.
    Low end torque that electric motors provide is great for pulling loads like boats or campers too.
    Not a huge source of initial battery sales but a long term means of transforming vehicles.
    13 Aug 2013, 03:08 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    You're right that it wouldn't be a huge source of initial battery sales. It would, however, be a huge source of increased operating costs that Axion can't afford to pay and might never be able to recover. It's all well and good that people want to save the planet, but corporations have to select activities that can be exploited with available resources and generate meaningful profits for the time, effort and money invested. Nothing that involves direct sales to individuals or retail outlets fits that metric.
    13 Aug 2013, 03:31 PM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    If the ALABC Honda Civic retrofit with the Ultrabattery works, using Axion batteries will work better. Maybe not today but, it isn't impossible under the right conditions.
    13 Aug 2013, 08:44 PM Reply Like
  • D Lane
    , contributor
    Comments (1375) | Send Message
     
    Solar powered golf carts
    http://bit.ly/13fJdxB

     

    Assuming that solar powered golf carts even make sense by now, would the bio-carbon charging advantage make sense in this application?
    12 Aug 2013, 08:19 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    A new one on me.
    Thin, flexible glass could store energy for electric cars, wind turbines
    http://bit.ly/18qJf3X
    Penn state University
    12 Aug 2013, 10:04 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    An article on Kandi's low speed vehicles.
    Also called NEV Neighborhood Electric Vehicles
    12 Aug 2013, 10:07 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1047) | Send Message
     
    Bloomberg article on Musk's Hyperloop concept. Sounds intriguing, and apparently much cheaper than California's current plans to build a $70B high speed railroad transport. --- $6B estimate to build a line from LA to SF, $10B estimate if it was constructed to transport a car on the same trip. Estimated cost of trip: $20. Estimated time: 35 minutes [approx. 800 mph]. -- Apparently solar powered.

     

    http://buswk.co/16MpGnk

     

    Separate NBC article: --- http://bit.ly/17lh7y3
    13 Aug 2013, 12:42 AM Reply Like
  • Deamiter
    , contributor
    Comments (161) | Send Message
     
    I suggest just reading the technical document here: http://bit.ly/16fpYF6

     

    The primary cost savings seem legitimate to my outsider view -- an elevated enclosed tube avoids the cost of the massive foundation necessary for rail or even roads and has more options for avoiding right of way problems. Solar power along the entire tube is neat, but it's almost a distraction since it's tied to the mains and could just as easily be fully mains-powered.

     

    Musk specified the same lithium ion batteries for the stationary linear motors as is used in the Tesla which seams patently absurd. Even AGM batteries would be a much better choice for the short-term high current requirements. I believe (after reading it last night) that each acceleration event used around 0.5% of the energy capacity of these lithium ion batteries.

     

    Sure, put lithium ion batteries on the pods for emergency backup power, but when there's no need to save weight and power is required over energy, using laptop batteries is bizarre.

     

    Of course Axion's PbC looks like an ideal fit to deliver regular high current spikes every few minutes for years on end, but until somebody in the Californian government looks remotely interested in saving a few tens of billion dollars on (so far) untested concepts, it's a BIT premature to dream about any particular company profiting from relatively small battery installations in the system!
    13 Aug 2013, 11:43 AM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >WayneinOregon ... I read that $6B cost figure and it brought a smile to my face. Very humorous. I might be possible to build for that amount of money ... if ... any of the components presently existed and/or were already integrated into some adaptable system that could be easily integrated into the Hyperloop. Otherwise, most of this system needs to developed from scratch into industrial scale and the assumption seems to be that can be achieved for practically nothing.

     

    I do like the idea and have liked it or something similar since I was a kid reading my Popular Science & Popular Mechanics back in the 1960's. It's possible. Even likely someday. I have a hard time thinking that an elevated tube system could compete on cost with a ground supported rail system, but I'm a little shocked at just how expensive California estimates the train to be.
    13 Aug 2013, 12:21 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (739) | Send Message
     
    I wonder how earthquakes will factor into this concept.

     

    What would the cost of the real estate be?
    13 Aug 2013, 12:26 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    >I wonder how earthquakes will factor into this concept.<

     

    It would really suck to hit a break or a kink in the line at 800 mph.
    13 Aug 2013, 01:28 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >nogoodslacker ... Earthquakes are a risk (for any transportation system) that can only be minimized just so much, but can be engineered to something below a total catastrophe. But, Eh! ... something is going to kill everybody. Might as well make it memorable.
    13 Aug 2013, 01:49 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2144) | Send Message
     
    Hi NGS,
    At that speed I doubt you would know that you hit a kink or break.
    13 Aug 2013, 01:50 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    DRich, You'd make a good travel planner!

     

    Ground transport? Sure, might I suggest lithium cobalt mated to a couple 1 kW drive motors on an E-bike.
    13 Aug 2013, 02:00 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >iindelco ... From the authoritative folks at the "Onion"

     

    New Super-Fast Transport System Powered By Passengers’ Screams
    http://onion.com/18tuVHW
    13 Aug 2013, 11:14 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    DRich, Yeah perhaps looking out a window at 800 mph near the ground would be a little different than being in a transcontinental flight looking out a window at a much higher elevation with a comparable ground speed.
    -

     

    More on topic. Don't know the meaning of this. Could be just a site location adjustment?

     

    East Penn drops bid for zoning relief

     

    "At the request of East Penn Manufacturing Co. Inc., the Maxatawny Zoning Hearing Board has let the battery maker withdraw an application for zoning variances for a new plant.

     

    Shortly after a hearing on the application was called to order Thursday, Reading attorney Henry Koch - representing East Penn - asked to withdraw the request.

     

    Questioned afterward, Koch said he couldn't comment on the withdrawal.

     

    East Penn was seeking variances to construct a 500,000-square-foot facility at Fleetwood-Lyons Road/State Avenue and Deka Road."

     

    http://bit.ly/18txTMy
    13 Aug 2013, 11:43 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >iindelco ... You are correct that the variance was for changes to the plans previously submitted to the Zoning Board. Apparently East Penn changed their mind and reverted back to the original. Nothing unusual. In my construction days this sort of thing is business as usual. It is odd, after watching the Exide fight here in Frisco, that the plant is so close to residential. EP was probably there before the houses. Might just be not worth the effort to deal with the home owners.
    13 Aug 2013, 11:57 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    DRich> Sometimes the authoritative sources at the Onion are priceless.
    14 Aug 2013, 05:12 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    JP & DRich: Sometimes The Onion causes tears to flow because I laugh so hard.

     

    Appropriate, no?

     

    HardToLove
    14 Aug 2013, 07:06 AM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    DRich, Thanks. That's what I suspected as being the highest probability concerning EP plans.
    -
    The Onion article. I expect disposable seat covers will also come in handy. Exemptions granted for people with NASCAR roots but still recommended.
    14 Aug 2013, 08:05 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    >might I suggest lithium cobalt mated to a couple 1 kW drive motors on an E-bike<

     

    There are guys over on the endless sphere forum who do crazy ebike setups like that.
    14 Aug 2013, 08:53 AM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    NGS, Am I surprised? ;-P

     

    Great fun until it's not.
    14 Aug 2013, 09:30 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    I'm building an ebike now with 48-volt battery and 40 amp controller, so it theoretically should be able to pull 2000 W of power. It is a fairly common system. The really crazy folks are running 96-volt systems at even higher amps. Might as well just build out a motorcycle frame if you want that kind of power, but who am I to judge.
    14 Aug 2013, 10:02 AM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    NGS, Sounds like fun. Yeah, pretty soon you're really building a motor cycle and not an E-Bike. I guess some do it to get around certain registration/license/u... rules. Some just for fun of it. Not a problem for me either.
    14 Aug 2013, 10:38 AM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    >iindelco,

     

    This brief article does not provide enough information to parse, so I can only guess that when East Penn found there was organized opposition, neighbors hired an attorney and the supervisors (I read this as City Council or County Commissioners rather than the Zoning Hearings Board) had representation at this hearing, they decided to pull back and reorganize there plan or their strategy.

     

    From the Reading Eagle's 8/8/13 edition:
    http://bit.ly/14yeINq

     

    Whatever their plan was, there is obviously a political backlash occurring. (see the comments)

     

    I hope this setback doesn't affect my favored fantasy of East Penn partnering with AXION to manufacture Organic Anodes for the Lead Acid Battery industry .
    14 Aug 2013, 11:56 AM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    >DRich,
    re., the East Penn Zoning issue.
    I was unable to find info about changes to the plans, can you give me hints or a link to info for this question? Thanks
    14 Aug 2013, 11:59 AM Reply Like
  • tripleblack
    , contributor
    Comments (13542) | Send Message
     
    Has anyone seen EP exec's visiting Mexico recently?
    14 Aug 2013, 12:05 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    TB, Mexico is not what it once was. They are getting sick of Mr. Slim always winning at Monopoly, trying to break up Pemex and the cost to move freight while paying off the private and public criminals is getting expensive. Have to be very careful why you choose to run south of the boarder.
    14 Aug 2013, 12:45 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >42itus1 ... It said right there in the article what East Penn was wanting to change;

     

    "The appeal was seeking variances to exceed the maximum building height, reduce the size of parking spaces and reduce the required number of loading spaces.
    There was also to be a request for a special exception to allow parking within 100 feet of a residential use."

     

    What this entails for the architecture of the building or what else might be on the table are things I don't know. All I can say is that variances to original submitted plans are commonplace. As to the homeowner opposition, I can't speak to that. I hope it is not like here in Frisco, Texas where real estate developers wanted the land and did so by organizing homeowners, filing EPA complaints and, over time, stacked the local government.
    14 Aug 2013, 01:23 PM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    >DRich,
    re, East Penn zoning issue

     

    I had read and now reread the article and find no suggestion of East Penn having changed anything with regards to their original request for the variances and exception cited. Having been involved in writing, supporting or opposing many variance requests as well as special exceptions (Under Pennsylvania law these "Special Exceptions" are virtually the same as 'Conditional Uses' ). My practice in Land Use is limited to Oregon but the tenets of Urban Planning are pretty universal. I have lightly researched the Penn. style of Land Use processes and feel comfortable with my understanding of their ways.

     

    Variances and Conditional Uses (Special Exceptions) have the highest thresholds/standards that must be met before being granted. These are quasi-judicial hearings and pretty formal and structured process, with substantial application requirements and findings of fact justifying an affirmative or negative decision.

     

    In the building trades there are often times changes that occur to original plans that are allowed or disallowed by a building official and I would agree such is common place. These are not Zoning Variances, they are variances from a first idea to a new one and are reflective of changes allowable as administrative decisions.

     

    Apparently East Penn has been processing these Plans for several months and has been granted several extensions from The local Planning Commission and the Zoning Hearings Board (two separate entities). An application for a half million sq. ft. addition to an industrial site is never simple or common place, but I was unable to find information about their plans.
    14 Aug 2013, 02:32 PM Reply Like
  • D-inv
    , contributor
    Comments (4205) | Send Message
     
    Don 't know if the zoning issue(s) re-EP construction plan is for the same project, but I remember reading about an EP proposal to build a very large new facility that would cross multiple local jurisdiction boundary lines, i.e. - reside in three or four counties. If the same project is at issue, I would be surprised to not hear of zoning frictions.
    14 Aug 2013, 04:03 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    08/12/2013: EOD stuff partially copied from instablog (up already).
    # Trds: 119, MinTrSz: 100, MaxTrSz: 57600, Vol 600319, AvTrSz: 5045
    Min. Pr: 0.1355, Max Pr: 0.1490, VW Avg. Tr. Pr: 0.1402
    # Buys, Shares: 45 286069, VW Avg Buy Pr: 0.1416
    # Sells, Shares: 74 314250, VW Avg Sell Pr: 0.1389
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:1.10 (47.7% “buys”), DlyShts 174292 (29.03%), Dly Sht % of 'sells' 55.46%

     

    Continuing the brief daily short sales tracking, yesterday I ended, in part, with “... However, past behavior suggests that the daily short sales will have drastic swings before the trend becomes clear. Today continues the swings from high to low: 24.89%, 10.45%, 17.60%, 30.66% and 08.62%”. Tack on today's 29.03% to keep the vacillation alive and I suspect we'll have a few days now without excessive lows, although continued swings in a generally higher trend for the lows should be seen.

     

    Yesterday: “I'd like to think that Friday's small upturn in VWAP was meaningful, but it was a Friday and through 10:36 (the latest I peeked at bid/ask) ARCA had not appeared. So I don't read much into this small uptick: $0.1680, $0.1551, $0.1435, $0.1384 and $0.1410”. The marching band remains in step with today's $0.1402.

     

    The average of the 20 lowest VWAPs in 40 days and 85% price continues down. I'm still hoping, as mentioned yesterday, that “they” will be satisfied with a $0.14 VWAP, which gives a next issue price of $0.119. So far they seem to be moving us that way as the low 20-day VWAP continues down from the dip below $0.15 ($0.1492), I noted yesterday.

     

    Buy:sell hit the best reading since 7/31's 54.3% today, thanks to some early-day aggression on the part of buyers and one large “buy” of 57.6K, as part of a larger buy of 66,666 shares by one of our frequent participants in the concentrators.

     

    Week end & this week's daily estimated values (older dailys in prior EOD posts) for next share issue:
    06/14: 20 lowest intra-day VWAPs in 40 days avg, $0.2315, x 85%: $0.1968 Wk cls VWAP $0.2122
    06/21: 20 lowest intra-day VWAPs in 40 days avg, $0.2176, x 85%: $0.1850 Wk cls VWAP $0.1751
    06/28: 20 lowest intra-day VWAPs in 40 days avg, $0.1956, x 85%: $0.1663 Wk cls VWAP $0.1474
    07/05: 20 lowest intra-day VWAPs in 40 days avg, $0.1805, x 85%: $0.1534 Wk cls VWAP $0.1518
    07/12: 20 lowest intra-day VWAPs in 40 days avg, $0.1657, x 85%: $0.1408 Wk cls VWAP $0.1403
    07/19: 20 lowest intra-day VWAPs in 40 days avg, $0.1539, x 85%: $0.1309 Wk cls VWAP $0.1543
    07/26: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1555
    08/02: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1733
    08/05: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1410
    08/12: 20 lowest intra-day VWAPs in 40 days avg, $0.1483, x 85%: $0.1260

     

    Vol, in K, for above weeks: 4,356, 1,934, 3910, 1,217, 2902, 5041, 2731, 3889.
    Vol, in K, for above days: 600.32.

     

    On my original inflection point calculations, readings for 5, 10, 25, 50, 100 and 200 day periods:
    1-day change: 7.1% -18.5% -5.4% -1.1% 0.3% -2.0%
    5-day change: 34.8% -8.2% -14.7% 6.9% 9.3% -1.5%
    5-day rate of change change: 93.9% 12.6% 25.8% 40.2% 39.8% 23.6%

     

    On my newer inflection point calculations, for those same periods:
    1-day change: 13.5% -2.8% 11.6% 10.5% 12.4% 14.2%
    5-day change: 44.7% 19.9% 43.2% 48.8% 67.0% 61.1%
    5-day rate of change change: 105.6% 58.4% 74.8% 89.8% 96.7% 94.4%

     

    On my original inflection point calculations, only the 5-day is showing a tick up in the one day change. The change over five days and the rate of change are a bit more positive, but not with the consistency I look for as a stronger signal.

     

    Yesterday I mentioned “However, yesterday my newer experimental inflection point calculations stopped dropping and seem to suggest there may be a cessation of the down trend in our near-term future...”. Today continues the trend. I had mentioned in an earlier post that the 50, 100 and 200-day calculations had dropped below some trend lines that I hoped would mark a lower bound for those periods. The 100 and 200-day have recovered to be above those lines and the 50-day is on the way there. Moreover, the 5 and 10-day calculations are also moving towards zero, from below, again.

     

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

     

    HardToLove
    13 Aug 2013, 07:01 AM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    This may have already been posted (but maybe not).
    Are electric vehicles the answer?
    http://bit.ly/146VqQ4
    "But an electric battery won’t power an 18-wheeler. Just like 18-wheelers, locomotives can’t move on a battery."
    13 Aug 2013, 08:25 AM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    Pickens is right to the extent that he's talking about a "battery dominant" system where an internal combustion engine charges a battery pack that then delivers power to a drive motor. A comparable drivetrain for heavy trucking or rail would require immense battery capacity and create crippling cost and weight handicaps.

     

    Pickens is wrong to the extent he's talking about "engine dominant" systems where an ICE and generator power a drive motor and batteries are only used for acceleration boost and hill climbing. NS and ePower are both working on engine dominant systems.

     

    The ePower truck won't go anywhere unless the engine is running. The same will be true for the NS OTR locomotive where they'll combine one battery powered locomotive with several conventional locomotives to create a "hybrid consist."

     

    The NS 999 is a unique case of a battery electric locomotive that will only operate within the confines of a specific rail yard where it can access plug-in power whenever it needs a bit more juice.
    13 Aug 2013, 09:10 AM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    BMW Sees U.S., China Leading EV Sales

     

    " BMW i3 buyers will pay a premium over an equivalent conventionally powered car, “but they will break even after 30,000 miles (48,000 km),” he predicts.

     

    However, with tax breaks, particularly in California, where state and federal tax credits total $10,000, i3 buyers would pay less than for a BMW 328, the closest conventionally powered car to the i3 in the auto maker’s portfolio."

     

    http://bit.ly/17mOG2Q
    13 Aug 2013, 02:12 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Start-stop technology aims to save fuel

     

    "What Comes Next

     

    While the concept of shutting off the engine to save gas is simple, getting the EPA to agree is tougher.

     

    "Stop-start systems can save fuel in real-world urban driving, but the federal test protocol used to generate EPA fuel economy ratings does not include sufficient driving conditions of that type for the systems to provide a significant difference in estimated economy," Calkins said.

     

    If automakers cannot get mpg credit, they will quickly drop start-stop, which AAA estimates adds $300 per vehicle. Favorable testing standards in Europe resulted in about 50 percent of vehicles and virtually every automaker having the system. Start-stop is expected to save 1.2 billion gallons of fuel globally during the next five years, Rigby said.

     

    "Start-stop doesn't require a driver to significantly change how they drive," Rigby said. "Ultimate value is triggered by consumers saving gas.""

     

    http://bit.ly/17mQvfW
    13 Aug 2013, 02:27 PM Reply Like
  • LabTech
    , contributor
    Comments (1777) | Send Message
     
    Axion's SEC filing is out.

     

    http://bit.ly/1d4efKF

     

    Sorry, it's just the proxy for the shareholder's meeting.
    13 Aug 2013, 03:34 PM Reply Like
  • nummik
    , contributor
    Comments (69) | Send Message
     
    at least it shows that the management on average has about as close to zero in share ownership as is possible for a penny stock, I always wondered about that point and if this week no good news turns up I guess they are at least satisfied with their paycheck.
    13 Aug 2013, 03:48 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    This is how they are filling the gap short term.

     

    "Effective as of August 2, 2013, the date of Mr. Trego’s resignation, Mr. Granville is also serving as Principal Financial Officer until a new Chief Financial Officer is employed by the Company as a result of the ongoing active search for a replacement CFO."
    13 Aug 2013, 04:07 PM Reply Like
  • Valleywood
    , contributor
    Comments (723) | Send Message
     
    nummik, that is deeply disappointing to me. Wonder what they know they don't know that we don't.

     

    Not a nice ownership picture in my book. :>(
    13 Aug 2013, 04:17 PM Reply Like
  • Ranma
    , contributor
    Comments (1842) | Send Message
     
    I would say that we now know what they knew. The stock price shows it. But it doesn't foretell the price from here because they may be barred from purchasing by knowing material information (ie a BMW deal). They either had to buy when they knew nothing is happening, or be barred from buying when there is.
    13 Aug 2013, 04:22 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Of course this level of ownership has pretty much been stable for some time.
    13 Aug 2013, 04:27 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2144) | Send Message
     
    nummik,
    I think JP has mentioned that management paid well over $1 a share at the time they purchased stock. If you are going to cast dispersions on management, at least do some research.
    13 Aug 2013, 04:48 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    All of the old guard bought stock at prices ranging from $1 to $3 so they don't have anywhere near as many shares as they should. The same is true for me. It's really painful to know that I could double the holdings that cost me well over a million dollars for a couple hundred thousand, if I had a couple hundred thousand.

     

    Street holders are unhappy over the PIPE because they think the PIPErs are getting a real bargain compared to an average market price of $0.30 over the last year. The PIPE is a good deal more painful for the old guard who know for a fact that the PIPErs got an absolute steal compared to the $1 to $3 we paid.

     

    At the end of the day that's the risk we accepted as early stage investors in an R&D company.
    13 Aug 2013, 05:04 PM Reply Like
  • nummik
    , contributor
    Comments (69) | Send Message
     
    As you prefer a personal tone ... you should broaden your knowledge ... ever heard of management buying shares of their company even if they can buy it cheaper than their initial buy? It is called "insider buying" the reason is usually confidence ...
    13 Aug 2013, 05:15 PM Reply Like
  • RBrun357
    , contributor
    Comments (787) | Send Message
     
    JP,

     

    Here's a question, if you did have an extra few hundred thousand dollars laying around would you turn them into AXPW stock at these prices with all of the known issues regarding the PIPE and possible business prospects?

     

    Just wondering!

     

    ;-))
    13 Aug 2013, 05:47 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2144) | Send Message
     
    nummik,
    That happened recently and was announced at the same time as the renewed contracts. I don't know about anybody else s finances but my own, however after investing most of my cash pile in one stock I would need my paycheck to live on (so much for diversification).
    13 Aug 2013, 05:48 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    Insider buying is a wonderful thing from the perspective of street investors.

     

    From the perspective of a securities lawyer advising management, buying stock in the open market is the most hazardous activity an executive or director can contemplate.

     

    The reason is very simple. Federal law makes it a criminal offense to buy or sell stock if you are in possession of material non-public information. This is the law that sent Martha Stewart to camp when she got a tip about another company.

     

    Directors and executives always know far more about their company than the public does. If they buy stock knowing that an event is drawing near, they can be nailed criminally for insider trading.

     

    The bottom line is the only directors and executives who can buy safely in the open market are ones who can swear there's nothing important going on behind the scenes in their companies.

     

    Axion's insiders did take down $1 million in the PIPE offering and that doesn't present a legal problem because it didn't involve an open market trade. If they had tried to buy more the stockholders would have been screaming about the insiders cutting themselves in on a sweetheart deal.
    13 Aug 2013, 05:49 PM Reply Like
  • D-inv
    , contributor
    Comments (4205) | Send Message
     
    "Axion's insiders did take down $1 million in the PIPE offering and that doesn't present a legal problem because it didn't involve an open market trade. If they had tried to buy more the stockholders would have been screaming about the insiders cutting themselves in on a sweetheart deal. "

     

    If one reads the DEF14A one might note the numbers of shares reported as held by each of the corporate officers, the shares issuable on execercise of warrants and options AND the note reading
    " (1) Represents shares of common stock issuable upon exercise of warrants and options held by the stockholders that are presentably exercisable or will become exercisable within 60 days."

     

    It is notable that Messrs. Trego, Baker, and Dantam all were awarded 10% of base salary bonuses recently, participated as investors in the private placement of convertible bonds, and are reported holding zero shares and warrants of 265k, 230k, and 78,540 shares respectively. IIRC, the bonds convert into shares valued at $.26 plus warrants exercisable at $.30.
    13 Aug 2013, 06:44 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    The insider investment in the PIPE is subordinated to the outside investors and the insiders can't receive any payments or convert their debt into stock until 2/3 of the senior notes have been repaid. Under the SEC rules those conversion rights don't count until the condition precedent is satisfied.
    13 Aug 2013, 07:36 PM Reply Like
  • nummik
    , contributor
    Comments (69) | Send Message
     
    Everybody has to evaluate all available information and the % of insider-ownership is one, it caused a slight feeling of unease before I bought into the Axion story at 0.27 and it still does (although one took a larger part in the Pipe). For me it is clear 50% down and no news this week will make me sell at least 50% of my stock and reduce my holdings to below Mr. Dantam's ;) before the share count will multiply several times.
    13 Aug 2013, 07:55 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    There is no possibility that the share count will multiply several times. In a worst case scenario where the price stays in the $.14 range for the next few months it will take 77 million shares to clear the PIPEs. In the best case where the price rebounds to $.31, it may take as few as 47 million shares to clear the PIPEs. When you start with a base of 113 million there is no way the share count can multiply several times.

     

    Anger over the PIPE terms is one thing. Grossly exaggerating the potential impact is something else altogether.
    13 Aug 2013, 08:25 PM Reply Like
  • D-inv
    , contributor
    Comments (4205) | Send Message
     
    num ... Insider's bought $1 million in convertible bonds simultaneously with closing on the PIPE agreement. Mr. Averill putting up $750k and others investing $250K. Their cash is in Axion's accounts but their investment does not show up in reported DEF14A share holdings just yet. That is, corporate officers may have "as close to zero share holdings as you can get" but are out of pocket for share purchases yet to be delivered.

     

    I don't see that you have a point at this juncture.
    13 Aug 2013, 09:09 PM Reply Like
  • bazooooka
    , contributor
    Comments (2893) | Send Message
     
    JP,

     

    I'd suspect Granville could spend some of his compensation and average down his holdings a bit with relative ease. He doesn't seem like the type who spends 400k on keeping up with the Joneses. I'd hope he has some saved crumbs that he could/will put into Axion to show faith in the 2013/2014 time frame. Surely, there are windows of opportunity where he can do this and not get in trouble. From my cheap seats vantage there hasn't been a ton of material news in the past few years.
    13 Aug 2013, 11:12 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    In the late 80s, the CTO for one of my clients drew the attention of class action lawyers when he bought the client's stock in the open market. The cost of resolving the issue before it became a major problem was very high.

     

    Since then my cardinal rule of client behavior has been "THOU SHALT NOT BUY THINE OWN STOCK IN THE OPEN MARKET." It's one of the few rules that I'll quit over.

     

    Insider trading is the SEC's biggest hot button and the rules don't care whether an executive buys or sells. If he has material non-public information when the trade is executed it's a criminal offense.

     

    Due to the fundamental nature of Axion's business there are no times when the directors and officers can buy in the open market without extreme personal risk. They know the whole story of what's going on with BMW, NS and heaven knows who else. The relationships take years to nurture and develop but they don't become public knowledge until a discrete moment in time. For years before that moment in time the directors and officers will have an increasingly clear view of the likely future.

     

    While market wisdom says insider buying is good, I'll tell you first hand that it really means "nothing interesting going on here boss."
    14 Aug 2013, 05:28 AM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Hey hey NDA.

     

    Japan Battery Maker Makes Case For Intellectual Property Paranoia

     

    "When it comes to intellectual property, Eliiy Power Co., Japan’s biggest maker of fixed high-capacity batteries, says it’s okay to be paranoid."
    -
    "Demand is surging for storage batteries in post-Fukushima Japan as more companies and homes prepare for power outages, and Eliiy Power — which specializes in hardy, flame-resistant lithium iron phosphate storage batteries — hopes to make the most of its technological edge. So it’s taken to heart lessons learned from a string of high-profile corporate espionage incidents."

     

    "The battery maker makes sure that nobody knows how its batteries are built, except for its president and vice president in charge of technology. Production is divided into six steps, and the head of each of the six production teams is kept in the dark about what the other teams are doing. Each team orders its machine tools and processing equipment independently, and fine-tuning is conducted when suppliers are safely out of sight. The aim is twofold: to prevent technology from leaking and to discourage competitors from scouting seasoned employees.

     

    “You can’t be too careful. Japanese intellectual property has a habit of leaking out,” Eliiy Power Director Kiyomoto Kawakami said in an interview earlier this month."

     

    http://on.wsj.com/16J6yF0
    13 Aug 2013, 04:25 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    This is a bit off topic but I'm usually a bit off. Also, I found them interesting. The links below are research for future developments to make more efficient auto & truck ICE's, mainly diesel for large trucks. None of what is linked will be in production within the next couple of years (average lab to production is 10 years), except, possibly, the third one about cylinder honing.

     

    Low-temperature combustion enables cleaner, more efficient engines
    http://bit.ly/13in3ec

     

    Reducing fuel consumption of truck engines
    http://bit.ly/13in41N

     

    Using less gas and oil to get where you're going
    http://bit.ly/13in3ej
    13 Aug 2013, 07:02 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    OT May be of interest to some as it gives a little top level information on the pluses and minuses of different electric drive motor designs. Comment section has some posts from the Tesladors that can't believe Tesla is not years and years ahead of everyone in motor design.

     

    BMW’s hybrid motor design seeks to deliver high efficiency and power density with lower rare earth use

     

    http://bit.ly/19gIsnk

     

    =

     

    Also some info. on the BMW i3. Boy I'm glad Axion wasn't mentioned as a motivation for the title! Well it would have been good if it was about a better next-gen enhanced SS battery.

     

    BMW: Batteries Suck

     

    http://bit.ly/19gIuLY
    13 Aug 2013, 08:34 PM Reply Like
  • greentongue
    , contributor
    Comments (880) | Send Message
     
    Let me show my ignorance. Is this a standard disclosure or is there a reason to emphasize the defensive nature of the possible increase in shares?
    "Possible Effects of Increase in Authorized Common Stock "

     

    Is it likely that there have been more "partnership" offers like with Exide, where the shark eats the minnow? Could that be what has driven is to this financing situation and delay in second source deal?
    13 Aug 2013, 09:06 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    That's all standard proxy statement disclosure and nothing should be read into it.
    13 Aug 2013, 09:40 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Older article but has some interesting info. Note the timing starting out w/ lower volume apps. first and the emphasis on cost.

     

    Government funding supports Valeo’s mild hybrid R&D

     

    "Its Hbyrid4All project – the name clearly highlighting Valeo’s focus on affordability – promises fuel savings of more than 15% and CO2 reductions of up to 50%. The Hybrid4All architecture is based on a compact motor generator which uses a low voltage (48 volt) electrical system, keeping costs down. It brings together Valeo’s enhanced Stop-Start technology, regenerative braking and torque assist functions. Henri Trintignac, Valeo’s Electric & Hybrid Vehicle Strategy Vice President, told Automotive World last year that the company’s earliest mild hybrid systems would show up in small volume cars in 2016-2017, with mass production in 2018-2019. This would tie in advantageously with Europe’s 2020 target of reducing average fleet CO2 emissions to 95g/km."

     

    http://bit.ly/19rGmof

     

    Edit: Note the linked Bosch article at the bottom of the page.

     

    Bosch is making hybrids affordable

     

    http://bit.ly/15BT4bn
    13 Aug 2013, 10:27 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2656) | Send Message
     
    Interesting situation in the CC for Crexendo ("EXE"), a company I currently follow, but do not have a position in.

     

    A long-term board member resigned "for personal reasons," which prompted the CEO to say they may be nominating a long-term shareholder who I met on the message boards over a decade ago.

     

    "Before Doug talks, this is Steve Mihaylo again, I'd like to discuss a recent resignation of one of our Board members, Craig Rauchle. Craig has been a long term Board member and we really appreciate his service. He is leaving the company for personal reasons, and we are also going to be putting forth the name of one of our shareholders to come on to our board, which will be scrutinized by our Board of Directors and our governance committee. By the name of Jeff Bash, and he resigned after our Board meeting -- Craig did. "

     

    http://seekingalpha.co...

     

    http://seekingalpha.co...
    13 Aug 2013, 10:38 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2656) | Send Message
     
    The bad part of having Jeff nominated to the Board of this company is that he will no longer be able to share his analysis.
    14 Aug 2013, 11:35 AM Reply Like
  • big_bear
    , contributor
    Comments (53) | Send Message
     
    SM:
    Don't know Steve Mihaylo (CEO of EXE) personally, but he has been very influential in our small mountain community of Big Bear Lake, California. Not only did he contribute $30mm to Cal State Fullerton (http://bit.ly/16KbU2Q), he single-handedly has sent hundreds of local high school kids in Big Bear to college and has been very influential in our small town...through a local scholarship he has organized.
    I see the relevance in posting this on the AXPW concentrator board, given the recent departure of Mr. Trego and the on-going conversations about who should be nominated on the Board, but felt the need to share how generous Mr. Mihaylo has been over the years. He's been very successful over the years and has given it back ten-fold! So I don't see it past him to put a shareholder on the board based on his previous success and willingness to give someone a try.
    14 Aug 2013, 03:24 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2656) | Send Message
     
    big_bear -

     

    I have followed the Crexendo story for quite some time and Mr. Mihaylo is indeed a very successful and generous person. He has also bought significant stock in Crexendo on both the open market and as part of a 10b-5 automatic purchase plan. I find it interesting here in so far as there are many ways to run a public company.
    14 Aug 2013, 09:22 AM Reply Like
  • Fritz1969
    , contributor
    Comments (42) | Send Message
     
    „California Dreaming: State Promises 1.3 GWh of Grid Storage by 2020“
    http://bit.ly/1d5Qge0
    Has Axion any chance with Power Cube in California?
    14 Aug 2013, 03:49 AM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    Since the president of PG&E was one my classmate's in a small law school Axion may have an entrée or two.
    14 Aug 2013, 05:35 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    08/13/2013: EOD stuff partially copied frrom instablog (up already).
    # Trds: 141, MinTrSz: 100, MaxTrSz: 71400, Vol 776232, AvTrSz: 5505
    Min. Pr: 0.1380, Max Pr: 0.1523, VW Avg. Tr. Pr: 0.1451
    # Buys, Shares: 36 294690, VW Avg Buy Pr: 0.1470
    # Sells, Shares: 104 471542, VW Avg Sell Pr: 0.1439
    # Unkn, Shares: 1 10000, VW Avg Unk. Pr: 0.1460
    Buy:Sell 1:1.60 (38.0%), DlyShts 199158 (25.66%), Dly Sht % of 'sells' 42.24%

     

    As mentioned yesterday, I suspected we'll have a few days now without excessive daily short sale lows, although continued swings in a generally higher trend for the lows should be seen. I won't repeat, but today's short volume was in a range I expected, especially after seeing the early-day action and which market-makers were most active early, beginning with ARCA at the open. The left-coastie rolled out of bed early this morning I guess.

     

    There was a 3K AH trade FINRA-reported daily short sales don't include. Adding that to the FINRA trade volume raises it from 773,232 to my total and would lower the short percentage from 25.76% to my 25.66%. If the shares are also added to the short sales, the short volume moves from 199,158 to 202,158 and the short percentage would be 26.04%.

     

    The average of the 20 lowest VWAPs in 40 days and 85% price continues down. I'm still hoping, as mentioned yesterday, that “they” will be satisfied with a $0.14 VWAP, which gives a next issue price of $0.119. So far they seem to be moving us that way as the low 20-day VWAP continues down from the dip below $0.15 ($0.1492), I noted yesterday.

     

    Week end & this week's daily estimated values (older dailys in prior EOD posts) for next share issue:
    06/14: 20 lowest intra-day VWAPs in 40 days avg, $0.2315, x 85%: $0.1968 Wk cls VWAP $0.2122
    06/21: 20 lowest intra-day VWAPs in 40 days avg, $0.2176, x 85%: $0.1850 Wk cls VWAP $0.1751
    06/28: 20 lowest intra-day VWAPs in 40 days avg, $0.1956, x 85%: $0.1663 Wk cls VWAP $0.1474
    07/05: 20 lowest intra-day VWAPs in 40 days avg, $0.1805, x 85%: $0.1534 Wk cls VWAP $0.1518
    07/12: 20 lowest intra-day VWAPs in 40 days avg, $0.1657, x 85%: $0.1408 Wk cls VWAP $0.1403
    07/19: 20 lowest intra-day VWAPs in 40 days avg, $0.1539, x 85%: $0.1309 Wk cls VWAP $0.1543
    07/26: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1555
    08/02: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1733
    08/05: 20 lowest intra-day VWAPs in 40 days avg, $0.1524, x 85%: $0.1295 Wk cls VWAP $0.1410
    08/12: 20 lowest intra-day VWAPs in 40 days avg, $0.1483, x 85%: $0.1260
    08/13: 20 lowest intra-day VWAPs in 40 days avg, $0.1477, x 85%: $0.1255

     

    Vol, in K, for above weeks: 4,356, 1,934, 3910, 1,217, 2902, 5041, 2731, 3889.
    Vol, in K, for above days: 600.32, 776.23.

     

    Today started off decent even though ARCA and the usual suspects were actively jostling for position on the ask. Prior to the appearance of the typical late-day weakness, we had a WVAP up 3.75% from yesterdays $0.1402 to $0.1455. From the $0.1390 close, we were up 4.65%. We still managed to finish with the VWAP up 3.5%. The following breakdown by time is omitted from the concentrator. Details are in the instablog here.

     

    http://seekingalpha.co...

     

    Here's a breakdown by price range, narrow though it be. The breakdown is omitted from the concentrator. Details are in the instablog here.

     

    http://seekingalpha.co...

     

    On my original inflection point calculations, readings for 5, 10, 25, 50, 100 and 200 day periods:
    1-day change: 35.5% -5.9% 1.6% -2.6% -2.4% -1.2%
    5-day change: 116.7% 31.0% 60.1% 28.3% 45.8% 34.4%
    5-day rate of change change: 2212.0% 68.3% 82.7% 97.6% 137.9% 83.7%

     

    On my newer inflection point calculations, for those same periods:
    1-day change: 48.5% 14.9% 34.3% 24.2% 25.0% 35.9%
    5-day change: 163.0% 75.9% 184.8% 174.9% 355.1% 281.1%
    5-day rate of change change: 2091.7% 161.2% 317.4% 824.2% 2790.4% 1528.5%

     

    On my original inflection point calculations, you can see the one-day movement is mixed, with only the 5 and 25-day period showing positive movement. The 5-day change shows a more positive story though. The changes are good but the underlying numbers are all still negative so I view this as “reduced weakening” ATM, rather than “increasing strength”. The change over five days and the rate of change are positive and beginning to show some consistency I look for as part of a stronger signal.

     

    I've been noting the possibility that we might have some price appreciation if the trend in the newer inflection points continues. Today again continues the trend. I had mentioned the 100 and 200-day have recovered to be above trend lines and the 50-day was on the way there. On the test charts, it can be seen the 50-day is right at the line and, I expect, will be back above it tomorrow, barring a lousy day.

     

    On the newer charts, especially the bottom one, the pattern that suggests a move up is coming is beginning to emerge. It's not there yet.

     

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

     

    HardToLove
    14 Aug 2013, 08:12 AM Reply Like
  • LT
    , contributor
    Comments (5083) | Send Message
     
    HTL, you have a good handle on the TA.

     

    I think the real question is whether the PIPER's will keep a long term stake or sell all their shares off ?

     

    They have a no lose situation and have complete control over share price at present.
    Will your TA show quickly when they stop selling or manipulating to let the price return to some level of norm ?
    14 Aug 2013, 08:37 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    LT: Hard to say if my stuff shows when they stop selling. It was conceived with normal market participants in mind to try and detect sentiment changes.

     

    Having said that, the metrics on the buy:sell along with watching the bid/ask during the day, which I try to do, and daily shorts seem to offer a clue.

     

    Seeing buy:sell ratios in normal ranges, along with daily shorts behaving normally and both trending that way seem to do pretty well at letting us have a small warning of a change in either direction.

     

    The tough part is the volatility in these. If the volatility is too high, we can't have confidence in them. E.g., the trend right now says they may have reduced the selling pressure: by being more patient in their selling, letting buyers hit the ask; by not being in the market, reducing the rate of hitting the bid; by being in the market on the buy side, reducing hitting the bid and increasing the hitting the ask. But the volatility has been high, leading me to be cautious in saying anythin more than "... may be nearing a trend of ...". On any given day the "financiers" could change behavior and (apparently) have done so.

     

    Can't judge this absolutely reliably because the different "financiers" could be acting differently from each other at different times and we have the retail investors and traders (I think) also being in the market.

     

    The best success for the experimental things so far was the call for the grind up that started November last and detected the weakening when the trend was nearing its end.

     

    There's been a couple short-term calls that were right and a couple that were wrong. That may be lack of experience yet in the use of them though. Refinement of use is in process, which is why I took the one-year snapshots hoping more eyeballs would speed my learning.

     

    HardToLove
    14 Aug 2013, 09:15 AM Reply Like
  • LT
    , contributor
    Comments (5083) | Send Message
     
    Volume is dead this morning
    14 Aug 2013, 10:03 AM Reply Like
  • tripleblack
    , contributor
    Comments (13542) | Send Message
     
    Shares should drift upward a little, then.
    14 Aug 2013, 10:11 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    If they drift up, it's (so far) because ARCA planted their stake and haven't moved (yet) on the ask, ATDF seems impatient on the ask - jumps in front, waits a bit, no bites, leaves - etc.

     

    On the bid side, no movement whatsoever since the open.

     

    But all the trades but 2 of the 12 have been "sells". Buy:sell reflects the two largest trades today, 10K & 5K, though on the buy side. So "buys" winning ATM.

     

    Late day weakness will rule and we will likely end flat or down (a pittance?), IMO.

     

    But it won't be "financiers" hammering the bid today.

     

    MHO,
    HardToLove
    14 Aug 2013, 11:31 AM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    HTL, Clearly the recent PIPE buyers appear to be working independently <end snark>. Just by chance they are all out this am. Must be a Scottish bagpipe convention in the community. Kilt the volume!
    14 Aug 2013, 12:38 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18051) | Send Message
     
    Subsequent to my "flat or down" comment, ATDF came with a 100K bid at $0.142 ~12:29. That changed the game for the moment.

     

    The asks then adjusted accordingly too and we've had a little blip up.

     

    Right now, there's still 98K bid at $0.142.

     

    HardToLove
    14 Aug 2013, 01:40 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    The usual as well. Someone keeps jumping in front of the 100k bid (Now 98.5k) . This has been a far more prevalent technique since the arrival of the PIPER's on both the bid and ask.
    14 Aug 2013, 01:54 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    David White wrote a good article this morning.

     

    http://seekingalpha.co...
    14 Aug 2013, 10:24 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2144) | Send Message
     
    Hi JP,
    Looks like a lot of your regulars showed up to cheer him on.
    14 Aug 2013, 01:16 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    I sent David a personal message because the last thing I wanted to do was serve as another lighting rod.
    14 Aug 2013, 02:13 PM Reply Like
  • D-inv
    , contributor
    Comments (4205) | Send Message
     
    http://bit.ly/14LdC55
    "According to a new tracker report from Navigant Research, 38 new advanced energy storage projects were announced, deployed, or begun in the first 6 months of 2013. In total, there are now 633 energy storage projects operating or under development worldwide, the study concludes. "

     

    "The market for energy storage, including traditional pumped storage, is extremely fragmented, with at least 136 vendors offering various solutions. The leader, in terms of deployed capacity market share, is Alstom, with 22% of the market, followed by Voith (19%) and Allis Chalmers (8%). When traditional pumped storage is excluded, however, the market looks quite different: the top three vendors are NGK Insulators, Energy Storage and Power LLC, and Solar Millennium. "
    14 Aug 2013, 11:17 AM Reply Like
  • LabTech
    , contributor
    Comments (1777) | Send Message
     
    So...just curious. There's this CC tomorrow morning. Does anyone plan to ask any questions or are we all assuming the following from the CC, and so aren't bothering?
    1 We sold flooded batteries under the toll contract.
    2 NS still hasn't gotten the 999 out of the Altoona shop, we don't know when they will.
    3 We are continuing our discussions with the battery maker that BMW put us in touch with. Nothing is finalized, so we can't say anything.
    4 We've gotten lots of proposals, with lots of NDAs, and no sales yet that we can talk about.
    5 Were we talking with an Asian auto OEM?
    6 We didn't get the SIBR phase II...you don't need to know why.
    7 Please vote for our ability to double the amount of stock we can sell without giving you any indication that the money might be used for something other than paying our salaries and keeping the lights on.
    8 We'll talk to you some more in 3-4 months.
    14 Aug 2013, 01:28 PM Reply Like
  • Ranma
    , contributor
    Comments (1842) | Send Message
     
    I'd like to know about TG and Dantam's visits to utilities for PC sales. That is one area we haven't heard about.

     

    Hope to squeeze more info on NS and BMW.

     

    Please no toll contract Q's. That really isn't going to save us from the PIPErs.
    14 Aug 2013, 01:31 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    I'm pretty much done being interested until Mr. Granville or Mr. Dantam do something ... anything .. of material importance to move the company forward. ePower Engine Systems is the only good & material win but from what I can tell the "gold star" goes to Mr. Petersen for making that possible.

     

    I'll remain to be here but my enthusiasm evaporates. The CC tomorrow, most likely, will be of no great importance.
    14 Aug 2013, 01:45 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    9. We keep getting RFQs for Power cubes from Carribean islands and think we might sell one or two, but so far nobody has ordered one.
    14 Aug 2013, 02:26 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    LabTech, If they come waltzing in 10 minutes late I'm not going to be a happy camper I'll tell you that much. How disrespectful.
    14 Aug 2013, 02:28 PM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    >iindelco,

     

    AMEN!!
    14 Aug 2013, 02:30 PM Reply Like
  • nummik
    , contributor
    Comments (69) | Send Message
     
    DRich I am close to your point, too. It isn't that the story has no merits but I have seen (not participated in) a fantastic & innovative producer of automatic blood test equipment, they were IPOed for abt 145$ fell to abt. 50 cents and in the end were successfully bought for about 1.50, i.e. only the perfect bottom picker made some real money, I hope for some news tomorrow...
    14 Aug 2013, 02:31 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >nummik ... Well, best of luck with that hope you have.

     

    I think LabTech summed up the CC quite well. For that matter the list is probably applicable to the shareholder meeting and the next quarter CC as well. He did leave out the sale of batteries to ePower but that is really only a big deal to ePower.

     

    Axion is not in the habit of providing forward looking information. Shareholders find out things after, which I'm OK with. As a Shareholder, I have no visible forward event happening until next March.
    14 Aug 2013, 02:49 PM Reply Like
  • Alphameister
    , contributor
    Comments (1428) | Send Message
     
    A chronic inability to start a conference call even close to the announced start time suggests something less than consummate professionalism.
    14 Aug 2013, 02:57 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1356) | Send Message
     
    Starting late and putting limits on the length of call are both things that I find unprofessional (almost cowardly). I am also remembering back to CC's where there were system malfunctions that did not allow the callers to ask questions...
    14 Aug 2013, 03:03 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2800) | Send Message
     
    Good to see reasonable expectations.

     

    Maybe I'll buy some shares now!
    14 Aug 2013, 03:24 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >Mr. Investor ... So, you think this is a bottom? What? 5th time is the charm?
    14 Aug 2013, 03:33 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2800) | Send Message
     
    DRich, no idea. Been making some money here with 1-2 week holding periods.

     

    Not currently seeing the PIPE beat-down we saw in June. Maybe some of the PIPErs are simply on vacation, I don't know. But the selling is less harsh. Last month when we saw a let-up during that longest-window between repymts, the stk rebounded a lot in percentage terms. All the way back to 19.5 cents, IIRC.

     

    But, who knows? The PIPErs could still crush this thing back to 12.5 and beyond.
    14 Aug 2013, 03:38 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >Mr. Investor ... Good for you. Percentages or not, I, personally, can't trade this soon to be a truly penny stock. I've been off doing Iron, Coal & Steel since June. Lower percentages but the market for the product is far more visible and thus able to justify.
    14 Aug 2013, 03:44 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2800) | Send Message
     
    DRich, I'm playing w/ small amts, as the case for a bigger commitment just isn't there.

     

    If you really think it's going down a lot, it's irrational to hold it.

     

    I'd ask u what IC&S names, but i'm way outta my depth there!

     

    Update: well, I guess the NBUs are back from vacation. Lot of dumping there in the last 45 minutes.
    14 Aug 2013, 03:51 PM Reply Like
  • D-inv
    , contributor
    Comments (4205) | Send Message
     
    LabT ... I think your item 8 is off a bit. Management will make more noises at the annual shareholder meeting in September.
    14 Aug 2013, 04:17 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    Mr. Investor ... It is my speculation stock. I really don't hold specs for truly rational market based reasons. My rational decision to hold any particular spec is the choice of technology and how it might fit into my personal view of developing future macro-economic themes within the sector I am interested in.

     

    Axion with its PbC technology fit very well into my interest in rails and the Railroads historic interest in battery power. When that falls apart then the rational thing to do will be to leave and sadly it draws ever nearer. The bonus for the technology was the overlap into conservation of fossil fuel in my other interest groups. Just seemed to be a reasonable bet. Today, it looks like trucking could be a big market for the technology with ePower and probably others but the biggest threat I see there is Axion itself.

     

    My theme & story still hold for the technology so I will hold and follow it where ever it goes. My biggest regret so far is being partly responsible for maybe 1.5M shares being in the hands of people I explained my thesis to and having them think this was a marketable product and not just a wonderful technology.
    14 Aug 2013, 04:17 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2800) | Send Message
     
    DRich, if and when those 1.5mil shares start selling, please PM me right away! ;^)
    14 Aug 2013, 04:37 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >Mr. Investor ... You'll grow old & cranky waiting on that to happen because those shares aren't likely going anywhere. It is far too much fun for these people to beat me over the head with them.
    14 Aug 2013, 04:41 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2800) | Send Message
     
    DRich, lol. They're only getting single-PIPEd. You're getting doubled.

     

    I was luckier. I recommended that my friends get out when I lost faith in mgmt. That was back in the low 30's, typically on bases of low 30's, so their losses were small.
    14 Aug 2013, 04:56 PM Reply Like
  • LabTech
    , contributor
    Comments (1777) | Send Message
     
    D-inv,
    I would be more hopeful that the shareholders will make more noise at the annual shareholders meeting, when they are face to face with management.
    14 Aug 2013, 05:17 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    >Mr. Investor ... The thesis still holds ... so we do.
    14 Aug 2013, 05:27 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2428) | Send Message
     
    LabTech - I cannot imagine how "noise" from retail investors will have any positive impact at the shareholders meeting.
    14 Aug 2013, 05:59 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1553) | Send Message
     
    Rick: are you planning on going to the annual Shareholders' meeting? I'm still on the fence, so to speak.
    14 Aug 2013, 06:48 PM Reply Like
  • Alphameister
    , contributor
    Comments (1428) | Send Message
     
    A fitting Bronx cheer on which to open tomorrow's conference call.
    14 Aug 2013, 07:15 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2428) | Send Message
     
    I won't be able to attend. Other commitments, which will be a lot more fun.
    14 Aug 2013, 08:16 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1553) | Send Message
     
    Roger...
    15 Aug 2013, 12:37 AM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    OT
    WheelTug a subsidiary of Borealis ($BOREF)

     

    Was on Squawk box the 'Disruptors' series

     

    http://cnb.cx/16lfDHC

     

    Bob Crandall ex CEO and Chairman of American Airlines says he is considering investing in it himself and has recommended it to people active in the industry.
    14 Aug 2013, 03:33 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    A nice primer on lead-acid batteries is here:

     

    http://bit.ly/16LBVP9

     

    I was particularly intrigued by a paragraph that said:

     

    "Li-ion starter batteries are now being offered. Their small size and light weight are striking but when asked if these batteries are trouble-free, a German manufacturer of sports cars said that in spite of the high price, the Li-ion starter battery is not without trouble. Longevity is similar to lead acid. "

     

    The author Isidor Buchmann runs a great site http://bit.ly/JyFQqM that's chock full of good albeit generic information on the industry and available chemistries.
    14 Aug 2013, 05:15 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Thanks for the article.

     

    Good in moderate climates for the guy that wants to cross the finish line a couple milliseconds faster or make it through the time trials in a directionally equivalent quicker time. Put the LAB back in the car during the winter in certain climates. Has far more impact in a watering hole flexing ones financial muscle with the guys or impressing the ladies (Sorry, It's most often an affluent "guy" thing.)

     

    Porsche's New $1700 Car Battery: What You Get

     

    http://bit.ly/1d8a0xC
    14 Aug 2013, 05:54 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    IIndelco
    Well that's not exactly their 'new' battery.
    The date on the article is 4/30/2010
    I wonder what they are selling for now or if they have a new one since then.
    14 Aug 2013, 07:43 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Froggey, They mentioned things associated with quality and durability. These metrics are gathered over time in the field. I'll grant you that they should have a feel for how these units will perform based on testing prior to serial production but they should be reflecting on longer term findings in an article like this as it was presented.
    14 Aug 2013, 08:07 PM Reply Like
  • froggey77
    , contributor
    Comments (2770) | Send Message
     
    From research and markets
    A paid report
    Industrial and Commercial Hybrid and Electric Vehicles 2012-2022: Forecasts, Opportunities, Players
    http://prn.to/16QL1MC
    Here's the abstract.

     

    Those selling components for electric vehicles and those wishing to make the vehicles themselves must seek where the majority of the money is spent and will be spent. That must lead them to industrial and commercial electric vehicles because today these represent 60% of the value of the electric vehicle market. Indeed, this sector is set to grow 4.2 times in the next decade. Industrial and commercial electric vehicles include heavy industrial vehicles, the term referring to heavy lifting, as with forklifts.

     

    Then we have buses, trucks, taxis and the other light industrial and commercial vehicles. There are also a few work boats and commercial boats and one day there will be commercial electric aircraft but this is really a story about the burgeoning demand for off-road industrial vehicles and on-road commercial vehicles. In particular, industrial electric vehicles make industry more efficient and commercial electric vehicles reduce congestion. Both of them greatly reduce pollution and align closely with government objectives concerning industry and the environment, yet they minimally depend on subsidy, in contrast with some other electric vehicle types.

     

    This report covers the technical and market trends for industrial and commercial vehicles whether hybrid or pure electric, putting it in the context of electric vehicles overall and including the activities of a host of manufacturers of the vehicles and their components and even providing future technological development roadmaps.
    14 Aug 2013, 09:46 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    1Q is reported on the Axion site.

     

    http://bit.ly/19tSdlI
    14 Aug 2013, 06:06 PM Reply Like
  • tripleblack
    , contributor
    Comments (13542) | Send Message
     
    No surprises in a quick review...
    14 Aug 2013, 06:29 PM Reply Like
  • DRich
    , contributor
    Comments (4673) | Send Message
     
    Meh
    14 Aug 2013, 06:33 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Finally discussed the end of the Rosewater Energy partnership. No comments on trucking UPS. Other than that you guys already wrote the section giving updates on activities before it was released.
    14 Aug 2013, 06:41 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2800) | Send Message
     
    Well, at least they think they won't need another cap raise until sometime in Q3 2014, as I see cash burn decreased. That provides at least a little breathing room after the last PIPE repymt. Hey, we'll take any good news we can get.

     

    Funny how the accy for the PIPE resulted in net income for the quarter.
    14 Aug 2013, 06:42 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    I'm curious about the $324,994 of 'other income' for the quarter because I can't figure out what it might be and there's no discussion I can find.
    14 Aug 2013, 06:48 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    John, The number is directionally correct for new automated line PbC batteries for the NS999? A long shot but who knows. Or a doubling of PbC batteries for the OTR app. and they launch that first?

     

    Obviously I'm swinging a bat in the dark here but what else would have that magnitude of sales? And Tom wouldn't give out a peep on NS post whatever grain of info. he got chastised for revealing in the past .
    14 Aug 2013, 07:19 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    Battery sales wouldn't be reported as "other income" and the amount is too big for it to be interest on restricted cash. I just can't figure out what it might be unless it's proceeds of the SBIR Phase I grant and something else.
    14 Aug 2013, 07:24 PM Reply Like
  • bazooooka
    , contributor
    Comments (2893) | Send Message
     
    Could it be a contracted "break-up" fee relating to the end of a partner relationship (Rosewater, etc.??).
    14 Aug 2013, 08:02 PM Reply Like
  • iindelco
    , contributor
    Comments (9575) | Send Message
     
    Thanks John. Need to go back and look but if I recall correctly some of the grant you mentioned was already partially billed in prior reporting periods. I guess that's important if we want to ID the unknown portion of the line item.
    14 Aug 2013, 08:11 PM Reply Like
  • D-inv
    , contributor
    Comments (4205) | Send Message
     
    JP ... 10Q reports PowerCube installed at New Castle plant is "cycling" on PJM network 5 days per week. Anticipate greater level of PowerCube commercialization going forward.

     

    As you suggest, SBIR Phase I grant receipts might account for part of the $324,994 "other income". Other components could include revenues from PJM for frequency regulation services rendered and possible consulting revenues.
    14 Aug 2013, 08:46 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    I don't want to engage in any speculation, but I do hope Tom adds some clarity because inquiring minds want to know.
    14 Aug 2013, 09:06 PM Reply Like
  • 42itus1
    , contributor
    Comments (228) | Send Message
     
    >John Petersen,

     

    " I'm curious about the $324,994 of 'other income' for the quarter because I can't figure out what it might be and there's no discussion I can find. "

     

    pg 16 refers to some unknown sales for components and devices and from sales of product and services related to ... PbC...

     

    " sales of PbC batteries and PbC energy storage components and devices and from sales of product and services
    related to advanced battery applications for our PbC® technology. "

     

    This not a clear answer to your curiosity, but it peaked mine! 'Components, devices and services' ??? And then given his (TG) description of support given ePower;

     

    "We have continued to work with ePower to optimize battery charge algorithms; to help them with diesel engine and motor changes; to assist in taking weight out of the truck; to assist with cruise control changes that improve mpg; and with other truck improvements "

     

    Maybe it was for twisting wrenches doing diesel engine and motor changes!
    14 Aug 2013, 09:39 PM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    I know the revenue is not ePower related, so I guess we'll just have to wait and see what the mystery payment was for.
    14 Aug 2013, 09:43 PM Reply Like
  • tbone33
    , contributor
    Comments (17) | Send Message
     
    gain on sale of property/equipment maybe? little surprised no notes to this either....
    14 Aug 2013, 09:49 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1038) | Send Message
     
    Could 'other income' be payments by PJM for frequency regulation by the power cube?

     

    What I am most worried about is that the $1.6M in non-operating income due to the PIPE deal. What kind of non-cash benefit did the receive that has a value of $1.6M? And, more importantly, do they have to pay tax on that? I suppose not since the net is barely breakeven for the Q.
    15 Aug 2013, 09:03 AM Reply Like
  • John Petersen
    , contributor
    Comments (30232) | Send Message
     
    This morning's press release indicates that the other income represented some R&D tax credit sales. Hopefully Tom will add a bit more color in the CC.
    15 Aug 2013, 09:12 AM Reply Like
  • bazooooka
    , contributor
    Comments (2893) | Send Message
     
    Hmm, still carrying same inventory from last quarter and no sales growth year over year. Not too exciting but looks like cash burn has been reduced and LAB sales provide some revenue crumbs. I guess Axion hunts elephants only - thus no trophies yet. Someday maybe we can all feast on meat but until then we cross this desert slowly.
    14 Aug 2013, 06:35 PM Reply Like
  • mrholty
    , contributor
    Comments (1041) | Send Message
     
    Right now the key question for all current shareholders should be the same:

     

    I will try to get in the queue but I have a meeting until starting time so it will be tight as it usually goes a few minutes long.

     

    My questions in order of importance to my investment thesis:
    1. Timeline for NS999 and OTR testing.
    2. Any other rails? Short-line for a hybrid. We've seen where smaller = faster with E-Power?
    3. How do you plan to communicate better with current/future shareholders?
    4. Status for Truck start/stop (fleet testing)
    5. APU market for Truck - not mentioned last two quarters - assumed its dead?
    6. How many trucking companies are you working with?
    7. How many Auto OEMs?
    8. Expectation of Initial Powercube sales?

     

    14 Aug 2013, 06:49 PM Reply Like
  • Ranma
    , contributor
    Comments (1842) | Send Message
     
    I'd like some specifics on the progress with the BMW manufacturer. What has been done and what needs to be worked out. We need a sense of timing on this one.
    14 Aug 2013, 06:57 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2800) | Send Message
     
    Ranma, concur. Timing is by FAR the most important thing right now, NOT new projects, technology progress, whatever. As we painfully know, the PIPE means time = shares. So any color Granville can provide on timing will help (unless it's really bad, I suppose), especially with BMW, then NS and PC. We're already getting info on ePower independently of Granville, so no need for him to waste precious conf call seconds talking about that.

     

    For example, is a BMW manufacturing arrangement a, say, 2013 expectation, or 2014?

     

    Same for another NS order.

     

    And PC, where I would think that he could open up the most. Give us some metrics, there, too. We maybe looking at some announcements soon, or YE, or not until 2014?

     

    Other Q's will just clog the queue, reducing the chance for some additional info on timing, IMO.
    14 Aug 2013, 07:08 PM Reply