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  • Axion Power Host
    , contributor
    Comments (523) | Send Message
     
    Author’s reply » Been a while since we thanked John for all he contributes,including the updated graphs which enrich our little nook.

     

    Thanks John!
    27 Nov 2013, 06:48 AM Reply Like
  • JohnM121
    , contributor
    Comments (501) | Send Message
     
    Thanks APH. The graph I'm really waiting for is the cumulative tons of fuel saved by e-power. I'm expecting this to surpass the fuel saved by all tesla's. Absolute numbers, though. Casual readers aren't going to wait for, or even believe, the argument that a tesla takes 80K miles to break even. I'm still have trouble internalizing the concept that a tesla uses 1500 watts when it's hot or cold, but they call it 'friendly'.
    27 Nov 2013, 08:49 AM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    JohnM
    Good thought.
    I think I will look for ePower and perhaps NSC to beat all EVs combined.
    PHEVs (if we can get them) as well.
    The Volt does have a number but Tesla only has a number for the Roadsters. (That I am aware of.)
    27 Nov 2013, 05:46 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (791) | Send Message
     
    Segundo!!

     

    Buenos días-Carlos
    27 Nov 2013, 07:26 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I'll second APH's mention of gratification for John's endless contribution in helping in our understanding Axion and the energy storage sector in general. Oh and also in his new role as class act working on class 8's. What a contrast having someone close to a development program being able to share such detail.
    27 Nov 2013, 08:02 AM Reply Like
  • greentongue
    , contributor
    Comments (973) | Send Message
     
    Yes, having some news, especially good news, is very welcome while we wait and wait for a "Big Announcement".
    27 Nov 2013, 08:12 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Oops, a little Ford EV growing pains.

     

    I must admit that given the fact this is new technology with the level of incidence and the small number sold that I would have expected Ford to be more aggressive in this matter. I think this is a good example of how low volume programs can be treated as lepers
    in large automotive companies.

     

    Ford recalling Focus Electrics over electric powertrain propulsion failure

     

    http://bit.ly/1aYfQQX
    27 Nov 2013, 08:11 AM Reply Like
  • greentongue
    , contributor
    Comments (973) | Send Message
     
    I would like to believe that the NS train and the ePower truck will stir enough interest to breath life into the stock volume.
    27 Nov 2013, 08:14 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Got the following in my inbox regarding Axion today. It is nothing new. Most interesting thing is the professional format they use for their articles that makes it more readable and easy on the eyes.

     

    http://bit.ly/1873nqM
    27 Nov 2013, 08:48 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    11/26/2013: EOD stuff partially copied to the concentrator.
    # Trds: 124 , MinTrSz: 100 , MaxTrSz: 82300 , Vol: 796756 , AvTrSz: 6425
    Min. Pr: 0.1155 , Max Pr: 0.1200 , VW Avg. Tr. Pr: 0.1183
    # Buys, Shares: 53 376829 , VW Avg Buy Pr: 0.1193
    # Sells, Shares: 69 412927 , VW Avg Sell Pr: 0.1174
    # Unkn, Shares: 2 7000 , VW Avg Unk. Pr: 0.1190
    Buy:Sell 1:1.10 (47.3%) DlyShts 106540 (13.37%), Dly Sht % of 'sells' 25.80%

     

    The average of the lowest 20 VWAPs times 85% today is $0.0987 vs $0.0988 and $0.0991 on prior days. 85% of today's VWAP is $0.1006 vs $0.0974 yesterday – at last something positive! These are potential prices for the next tranche of shares to the PIPErs.

     

    Today, VWAP, trade volume, and daily short sales moved 3.28%, 2.61% and 79.48% respectively. As I've mentioned, the rise in daily short percentage towards the trend line above it is both erratic and something we need to see for any price movement. As predicted, we are seeing the lows of each “wave” move higher. We should the highs begin to move up too, but we have a short week. I don't know if this will affect the movement this week or not.

     

    Our move to the ~$0.12 price level remains intact – it's today's high and the VWAP has moved to close to it too. Today's low, high and VWAP moved 3.13%, 0.00% and 3.28% respectively.

     

    Usual stuff, with trading breakdowns, available in the blog here.
    http://seekingalpha.co...

     

    HardToLove
    27 Nov 2013, 08:50 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    John: Fails to deliver 10/15-10/29 trading dates (SEC reporting T+3) totaled 1,286,342. This is large jump in both volume (albeit still not huge in historical terms) and consistency. Does the time-frame seem to roughly coincide with your thoughts about them running out of shares and/or the CC statement that warrants were exercised you think?

     

    Chart is not updated yet, but it's in process.

     

    HardToLove
    27 Nov 2013, 09:50 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    HTL, Who would exercise warrants? The guys that kicked in the million USD from Axion? All the rest are well under water AFAIK but I don't recall the terms of the agreements with the Axion insiders.
    27 Nov 2013, 10:03 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Nobody would exercise warrants with the current stock price, but the 10-Q reported that $75,000 in early conversions happened during Q3 and another $137,500 in early conversions happened between 9/30 and 11/8 (See page 17).

     

    http://1.usa.gov/1dvGcKk

     

    At an effective conversion price of $0.10, the relative magnitude of the fails to deliver and early conversions strike me as too close to ignore.
    27 Nov 2013, 10:24 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Nothing can happen with the $1 million in subordinated notes until 2/3 of the principal owed to the PIPE investors has been paid. Next week's pre-installment stock issuance will take total payments to the PIPErs over $6 million, but I suspect the subordinated holders won't be able to do anything till the January 2 make whole payment is history.
    27 Nov 2013, 10:29 AM Reply Like
  • D-inv
    , contributor
    Comments (4788) | Send Message
     
    HTL, don't know about timing specifics but JP reported several days back that the 10Q included data on early redemptions of PIPEr notes. Could be that some PIPE investors oversold and requested early conversion to cover short position.
    27 Nov 2013, 10:35 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Thanks! I didn't think long enough about warrants - just remembered there were some out there and TG said some folks gave us $ early.

     

    HardToLove
    27 Nov 2013, 10:37 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    D-Inv: Short interest 10/31-11/15 semi-monthly report showed an increase of ~127.5K - not a large amount, but interesting that it increased while the prior period decreased and the trend had been down four consecutive prior periods.

     

    http://bit.ly/uGVJsb

     

    HardToLove
    27 Nov 2013, 10:42 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It looks to me like the short interest started climbing again in mid-October and this is the second up period. I'm still trying to figure out whether these are real shorts or just the PIPErs trying to maximize their numbers. Given what feels like rock solid support in the current range and the potential for a big move to the upside with a little news, Axion is not a stock that I'd want to hold short.
    27 Nov 2013, 11:05 AM Reply Like
  • D-inv
    , contributor
    Comments (4788) | Send Message
     
    JP, a question occurs re-early conversion. I presume the conversion rate on early conversions is calculated the same way as regularly scheduled "installments" but using a 40 trading day window immediately preceding the conversion date, would the previous conversion rate apply, or would the rate be negotiated with Axion? Could Axion decline to retire the notes early in absence of any 'fault' triggers?
    27 Nov 2013, 12:51 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The conversion price calculations would be based on the 20 lowest days in the 40 day period preceding an early conversion event, but none of the formulas would change. The only limit on the investor's rights to convert early is a provision that aggregate conversions can't exceed two full payments in any month.
    27 Nov 2013, 04:15 PM Reply Like
  • D-inv
    , contributor
    Comments (4788) | Send Message
     
    Thanks for the feedback JP.
    27 Nov 2013, 06:03 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    For those interested I stumbled onto this site that is setup by a group looking to reduce diesel emissions on the left coast.

     

    West Coast Collaborative

     

    http://bit.ly/1aYyvfl
    27 Nov 2013, 10:25 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    The fails to deliver chart is updated. Visuallyn not that impressive since they are log charts. Only the change from "sparse" fails to "dense" fails for the latest period (reporting through 10/31, trading through 10/28 allowing for T+3) catches my eye and says something different happened then.

     

    http://seekingalpha.co...

     

    HardToLove
    27 Nov 2013, 11:26 AM Reply Like
  • User432382
    , contributor
    Comments (89) | Send Message
     
    John,I have a question about ePower. It's been mentioned that the conventional trucks have to be rebuilt every 4-6 years. Is there any estimate on the rebuild cycle timeframe for the various major components of the ePower system? I apologize if this has already been discussed in other articles/APCs. Thanks.
    27 Nov 2013, 01:24 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Our engine and transmission will have the same cycle-life as every other engine and transmission. If they're as durable in our trucks as they are in industrial installations, our generator and drive motor should hold up through at least one and possibly two additional rebuild cycles. The control electronics should be good for the life of the truck. It's not clear whether we might need to replace the batteries between major overhauls. We're hoping the answer is no. but running our economics assuming the answer will be yes.

     

    Overall, we expect the first rebuild on a tractor to cost about $50,000 more than a conventional major overhaul. We're expecting subsequent rebuilds to cost less than a conventional major overhaul.
    27 Nov 2013, 02:01 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    John, Have any of the people you've spoken with in the trucking industry indicated what type of payback time frame they are looking at for new technology?

     

    Is the 50k USD based on Axion's material and labor costs for them to do the conversion? Is your 50k USD number after some return obtained from selling the used components that are not going to be used in the process? Or are these components of no value as cores?
    27 Nov 2013, 07:47 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The $50,000 represents our best current estimate of the net cost differential between doing a conventional overhaul and doing one of our retrofits. It's worth noting that the $50,000 number assumes volume pricing discounts that we don't qualify for yet. For the first few hundred units the spread will probably be closer to $65,000.

     

    The payback is entirely dependent on mileage. For a tractor that only does 80,000 miles a year, the payback for a 10 mpg drivetrain should be about 26 months. For a typical long-haul tractor that does 120,000 miles a year, the payback is more like 17 months. For fleets that run two drivers per tractor and log 200,000 miles a year, the payback is about 10 months.

     

    The fleets we've spoken with generally claim that their best drivers average 7 to 7.5 mpg over the course of a year. So they tend to view anything over 8 or 9 mpg as economically compelling, particularly since our drive-by-wire systems tend to improve the fuel economy performance of less skilled drivers who can average a couple mpg less than the most skilled drivers.
    27 Nov 2013, 07:58 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thanks John. That helps put things into perspective a lot.

     

    You had mentioned the cost of an unskilled driver before and I was amazed at the percentage differential when compared to a caring well trained operator. I'm surprised, in light of that differential, that more fleets have not demanded more automation in their tractors to take the operator out of the equation at a higher level.
    27 Nov 2013, 08:18 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It's my understanding that most fleets have their drivers on pay systems that include fuel economy bonuses, but it can take a long time for a driver to learn optimal habits. Our biggest advantages come from the fact that our throttle pedal is attached to the electric drive motor rather than the engine, the automatic transmission eliminates shift point decisions and cruise control adds another layer of economy. The thing Thummel found most impressive in his tests of the second generation tractor was that the machine made his least skilled driver as fuel efficient as his most skilled driver. It also made the driver's work environment more pleasant because there were fewer things for them to monitor and operate.
    27 Nov 2013, 08:30 PM Reply Like
  • Renzo
    , contributor
    Comments (346) | Send Message
     
    Is there reason to believe a more skilled driver will still have a significant comparative advantage over less skilled drivers with ePower's system?

     

    Are the skill-based differences more significant with shorter routes with more city/stop/start conditions that you might see with your day cab?
    27 Nov 2013, 08:39 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    We don't have enough operational data with a large enough number of drivers to answer those kinds of questions. Keene Thummel told us the truck made a big difference in upgrading the performance of his less skilled drivers. Statistics and studies are still a long way off.
    27 Nov 2013, 08:42 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I would imagine that initially you will be focused on doing an A vs B comparison against some well recognized government drive cycle which I think you've talked about a couple times. I however would guess that the system really generates it's best savings where you have a higher level of speed variation and also rolling hills. I think this was discussed in the past. Are you planning on testing any of these variables in the future and have you done any work yet identifying the regions where, if this proves to be the case, you can optimize your sales efforts.

     

    Sorry if I'm getting ahead of your list of things to do but it is interesting to follow your teams efforts.
    27 Nov 2013, 09:09 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    We're planning to do our normal testing in the Cincinnati region because that's home base. Since truckers have been hearing wild promises for as long as there have been trucks, we figure the fleet operators are not going to believe a word we say. That's why we want to give them the keys and say "Put this tractor to work in your fleet hauling your loads on your routes for a couple weeks. The only thing we request in return is detailed route, weight, fuel consumption and time logs."

     

    If they like the results they get, then they should be ready to talk turkey. In any event, we figure each demonstration will give us a credible third-party data table on what happened when XYZ Carriers ran a tractor for two weeks.
    27 Nov 2013, 09:16 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thanks John. May you and all the other Axionistas, plus those just watching/waiting. have a happy holiday.
    27 Nov 2013, 09:29 PM Reply Like
  • Renzo
    , contributor
    Comments (346) | Send Message
     
    Thanks, John and iindelco. Your detailed comments were posted as I was typing. I get a little over-exited about the possibilities for ePower and the details of tests that will be done some day and ancillary benefits (like in situ APU capability) and appreciate your indulgence of the discussions.
    27 Nov 2013, 10:05 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Re: the tax-loss trading poll: 50 clicks say they won't be selling, 8 they will. A couple extra comments on both sides (accidentally clicked, etc.) balance out.

     

    So if this is representative of the population at large, any price pressure from tax-loss selling should be small.

     

    Through 11/27 13:30 EST.

     

    HardToLove
    27 Nov 2013, 01:33 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3219) | Send Message
     
    Pretty cool that you got about 60 clicks total. Too hard to say, though, what they mean with any actionable confidence---the positive bias is so overwhelmingly strong here.
    27 Nov 2013, 02:42 PM Reply Like
  • Valleywood
    , contributor
    Comments (846) | Send Message
     
    Twin grandsons age two and granddaughter age four to arrive in one hour. Then son with new wife. Tomorrow Mother in Law. This poor house goes from population of two to a population of ten.

     

    Afore mentioned grandchildren require me to run around picking up remote controls, calculators, computers, electronic books, knives, my wife's hand painted lamp, my wooden duck decoys, ...... etc. and lock them up in my office. Gotta do it now. Will catch up with you guys Monday after the typhoon ends.

     

    The really good news? I get to do it all again in a month. Whoopeeeee !
    27 Nov 2013, 02:38 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    VW: You might enjoy such as this.

     

    http://bit.ly/1eALzcn

     

    HardToLove
    27 Nov 2013, 02:43 PM Reply Like
  • obieephyhm
    , contributor
    Comments (1591) | Send Message
     
    Same boat, different cruise, for me VW . . . but gotta love hav'n them around and then watch'em go . . .
    27 Nov 2013, 08:49 PM Reply Like
  • Masi
    , contributor
    Comments (483) | Send Message
     
    Has anyone noticed (that use yahoo portfolio's) that the daily price change reverts to 0 a couple of seconds after the page has finished loading? It only does it with AXPW and a few other OTC stocks. All my other stocks updating are correct. Although the trade times keep reverting to 4:01 P.M. (no matter the time) if you leave the page alone for 15 minutes or so.

     

    I have alerted yahoo about this yesterday thru the suggestion page but that is like trying to call my relatives out of state without a phone.
    27 Nov 2013, 04:28 PM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    A good day to reflect on family and friends.

     

    Happy Thanksgiving to all.
    27 Nov 2013, 07:08 PM Reply Like
  • obieephyhm
    , contributor
    Comments (1591) | Send Message
     
    At to you and all our fellows here within . . .
    27 Nov 2013, 08:50 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    JCI on Electrification: There's Still Life in Lead-acid Batteries

     

    "Brian Kesseler, Johnson Controls (jci.com) vice president and president of its Power Solutions business unit, which is responsible for the company’s battery business, believes that developments in other types of battery technology notwithstanding, lead-acid batteries will have a role to play under the hood of cars and trucks through 2030. Not that they’re going to be depending on the existing tech for lead-acid batteries, however: “The chemistry in lead acid batteries will change more in the next 10 years than in the last 100.”"

     

    http://bit.ly/1eBwFCM
    27 Nov 2013, 08:54 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    ii, how about this part, especially the last sentence.

     

    "Kesseler says that one of the issues related to making battery technology more affordable is increasing the amount of component commonality. By making the parts the same, they are able to achieve better economies of scale, which helps drive down the cost. He also notes that rather than trying to provide batteries with a 10-year life, it would be better to work toward a 4-year-life 48-volt battery, which also means a less-expensive battery."
    Huuuummmm
    Happy Thanksgiving all

     

    edit: I wonder what they are providing now?
    28 Nov 2013, 10:51 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Note the BMW reference ...

     

    "A challenge in the development of the 48-volt system, Kesseler says, was to reduce the overall size. He says that when they started testing on a BMW 3-Series, the batteries filled the trunk of the vehicle. Yet within a year, they reduced it to the size of a shoebox."

     

    Unfortunately, I find that section ambiguous with some pronouns, e.g., "they" without clear association. The article in the earlier section is talking about a combined 48V Lithium plus 12 volt SLI(Starting,Lighting,... in one package. I believe that's the "shoebox." But what (and from whom) filled the trunk???

     

    How small a package could Axion make a 48 V battery "package?"

     

    I use the term package to allow any combination of 1,2, or 3 "batteries."

     

    I know that might counter the narrative of supplying parts to any number of different battery manufacturers (creating competition for our electrodes,) but what if what the customer ... particularly BMW ... REALLY wants isn't something that's already being mass produced?

     

    Has anyone besides JCI announced a 48+12V package? While it might not be a "rocket science" development/enhancement, might JCI have a substantial lead on competitors and at the least have first mover advantage that wins BMW?

     

    Given their terrible start-stop customer reviews, might BMW need something sooner rather than later?

     

    Is it possible this issue is delaying our deal with a strategic partner?
    28 Nov 2013, 11:40 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Kent, Translation. We can't meet the cost/life targets because in order to meet the life targets we have to add a ton of extra capacity for insurance so that we will not be forced into bankruptcy if the batteries fail early. And then the price goes through the roof. So we will attempt to convince the automakers to fool their customers into buying a battery that has no payback plus has them buying another overpriced battery in 4 or 5 years.

     

    ( Hey, You can't blame us for trying. We sold them and the regulators on AGM for simple SS. Maybe we can get them to force feed our junk to the market gain?).
    28 Nov 2013, 12:40 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    ii, They imply their AGM works fine is S/S but they can't hide that forever. They will still sell the fantasy.
    28 Nov 2013, 04:00 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Kent, What is sold to the public and the reality of what is really going on sometimes stand in stark contrast.. The internet can be a great enabler for people that choose to use the tool.
    28 Nov 2013, 06:06 PM Reply Like
  • Renzo
    , contributor
    Comments (346) | Send Message
     
    Happy Thanksgiving!

     

    Don't forget Alice's Restaurant Massacre, a Thanksgiving eve tradition for us since graduate school. Don't forget a bottle of nouveau beaujolais!

     

    http://on.fb.me/1eBF1do
    27 Nov 2013, 10:07 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    You're dating yourself Renzo, but I guess I'm dating myself too.
    28 Nov 2013, 07:16 AM Reply Like
  • Renzo
    , contributor
    Comments (346) | Send Message
     
    It's quiet around here. I've never heard of a blog that's closed on Thanksgiving. :-)
    28 Nov 2013, 08:32 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Renzo,
    Better to drink that beaujolais nouveau now as it will be off in another two weeks.
    28 Nov 2013, 03:26 PM Reply Like
  • Renzo
    , contributor
    Comments (346) | Send Message
     
    I got the George DeBoeuf this year. It's very thin, but it's tradition.

     

    For anyone who knows the Alice's Restaurant story, we were amused that my son registered for the Selective Service in Stockbridge, MA while in college.
    28 Nov 2013, 04:36 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    John,
    "For a tractor that only does 80,000 miles a year, the payback for a 10 mpg drivetrain should be about 26 months. For a typical long-haul tractor that does 120,000 miles a year, the payback is more like 17 months. For fleets that run two drivers per tractor and log 200,000 miles a year, the payback is about 10 months."

     

    In the above scenario, what is the price you are using for diesel fuel?
    Is this data for the 80,000 lbs. class 8 truck?

     

    Thanks
    27 Nov 2013, 11:38 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    My calculations use a diesel price of $4 per gallon.

     

    80,000 pounds is the statutory weight limit on Class 8 trucks. The laden weight of trucks on the road does occasionally get that high, but most loaded weights are in the 40,000 to 70,000 pound range. – http://seekingalpha.co... Unfortunately, the published data simply isn't granular enough to break mpg ranges down to weight ranges.
    28 Nov 2013, 06:59 AM Reply Like
  • DaveT
    , contributor
    Comments (209) | Send Message
     
    Re Allen and Caron, our PR company, I just noticed that Joseph Allen ("In 1981 Allen founded Allen and Caron..."), is a Seeking Alpha contributor http://bit.ly/197bqUD.
    None of his SA articles seems to mention AXPW, there is just one passing mention in a comment, http://seekingalpha.co... "If you like small stocks that trade well, look at AXPW, interesting batteries." (that's it!), I wonder if he reads this blog.
    28 Nov 2013, 04:12 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    SA makes it very difficult for people associated with PR firms to publish articles for the main pages. It encourages Instablogs, but is very skeptical about focus articles. A good PR firm is aware of everything that gets written about their client companies.
    28 Nov 2013, 07:02 AM Reply Like
  • carlosgaviria
    , contributor
    Comments (791) | Send Message
     
    Buenos días!!!

     

    Happy day to all, especially to: John Petersen, Iindelco, H.T. Love, D-Inv, Mayascribe, APH, Ban, Carlosgaviria and others I forget.

     

    Please send me turkey.

     

    Again Happy day and enjoy it a lot. Saludos-Carlos
    28 Nov 2013, 07:20 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Carlos, You have a wonderful day as well. I will arrange to send you turkey if you will arrange to send some of your wonderful weather. We just got our first snow, 0.3 meters & -4 deg. C. Nobody getting payback on SS systems here.

     

    I currently live in Rochester NY but I am originally from near Syracuse NY.

     

    http://bit.ly/Rl16oK
    28 Nov 2013, 09:27 AM Reply Like
  • carlosgaviria
    , contributor
    Comments (791) | Send Message
     
    iindelco:

     

    Con gusto le envió por FEDEX su solicitud!! ( Today: 15 grados C.)

     

    Have a nice day-Carlos
    28 Nov 2013, 12:50 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Carlos, I feel warmer already!

     

    Here in return with a reminder.

     

    http://bit.ly/1b2aVOX

     

    You already have the best part for the get together. Friends and family.
    28 Nov 2013, 06:20 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (791) | Send Message
     
    iindelco:

     

    Gracias, Gracias, mil gracias.

     

    Saludos-Carlos
    28 Nov 2013, 06:40 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    iindelco,
    Nice you packed up the family and moved to a drier Winter climate. It is getting colder here also, haven't ran the air conditioner for the past week. It also rained last week for the first time since about last March.
    29 Nov 2013, 09:40 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Metro, baby steps! lol

     

    BTW, Here when you get your few 80 to 90 degree F days it immediately goes to 70 + % humidity. WTHWIT. Oh well, At least we have fresh water coming out of our ears.
    29 Nov 2013, 11:54 AM Reply Like
  • D-inv
    , contributor
    Comments (4788) | Send Message
     
    Happy Day back to ya, carlos, and to Axionistas everywhere.

     

    A little something that could spur growth of ePower (and Axion Power) markets. http://bit.ly/1iWQas1
    28 Nov 2013, 10:21 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    A happy Thanksgiving to all! Time with family is all too scarce. Enjoy each minute, hour and day.

     

    HardToLove
    28 Nov 2013, 10:23 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    11/27/2013: EOD stuff partially copied to the concentrator.
    # Trds: 72, MinTrSz: 100, MaxTrSz: 61000, Vol: 522193, AvTrSz: 7253
    Min. Pr: 0.1155, Max Pr: 0.1219, VW Avg. Tr. Pr: 0.1172
    # Buys, Shares: 9 54993, VW Avg Buy Pr: 0.1208
    # Sells, Shares: 63 467200, VW Avg Sell Pr: 0.1167
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:8.50 (10.5% "buys"), DlyShts 30000 (5.75%), Dly Sht % of 'sells' 6.42%

     

    The average of the lowest 20 VWAPs times 85% today is $0.0986 vs. $0.0987, $0.0988 and $0.0991 on prior days. 85% of today's VWAP is 0.0996 vs. $0.1006, $0.0974 and $0.0972 on prior days. These are potential prices for the next tranche of shares to the PIPErs.

     

    Today, VWAP, trade volume, and daily short sales moved -0.96%, -34.46% and -71.84% respectively. With this being a day before Thanksgiving, I don't know how much weight we should give these readings.

     

    Even with that in mind, the buy percentage dropping to 10.5% does concern me. Look at the trading breakdown and note that all the buys occurred in the highest price range, $0.1199-$0.1219. It was ~10.5% of day's volume. So ~90% of the day's trades were sellers stepping past the offers and directly hitting the bids.

     

    ...

     

    Something of more concern, which I've not mentioned in some time, is the average trade size. Prior to the pipe deal the average trade sizes achieved some stability at a low range (see the chart) and began to climb after the deal as price eroded. This is as one might expect if there is a good deal of bullish investors that see the price erosion as a rising opportunity – maybe an improved risk/reward scenario.

     

    But this behavior has taken a potentially negative turn. Three of the last four trading days have had average trade size below all averages – currently 8,561, 8,863, 8,510 and 7496 for the 10, 25, 50 and 100-day averages respectively. Further, three of the last four days have also been below a short-term rising trend support line which had been offering some hope that we might eventually break up from our current trading range. I think these smaller transaction sizes suggest market-makers are having to work much harder to make their money, which is not the case when bullish sentiment is strong and larger buyers are in the market.

     

    Trading breakdowns, more statistics and thoughts are in my blog.

     

    http://seekingalpha.co...

     

    HardToLove
    28 Nov 2013, 08:33 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1285) | Send Message
     
    Holl7day noise imo, but worth watching.thanks 4 your excellent work htl.
    29 Nov 2013, 12:32 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    I was just looking over the calander and started wondering how exciting or exceptionally frustrating the next 3 weeks could be. I am thinking that December 20th will likely be the last opportunity this year for a press release regarding "significant orders" or any other significant release.

     

    We have the supposedly "largest" meeting ever with BMW taking place this coming week and I am doubting that we will hear anything about it, but there is always the thin chance that an announcement regarding a "deal" could be announce!

     

    NS stated in their Sustainability report that they plan to relaunch the 999 in 2013 and we are in the last month of opportunity for that event! Will NS slip into 2014? I don't believe that any of the hoped for announcement opportunities will happen around Christmas or the New Year events so that leaves only the next 3 weeks for everything or possibly nothing!

     

    TG stated in the latest PowerCube announcement: "We look forward to announcing some of these additional initiatives in the near future." Will the near future be this year or next?

     

    How lucky do we feel?? It sure would be wonderful to start 2014 off with a couple BIG announcements already in the bag!

     

    Just thinking out loud!!
    29 Nov 2013, 12:24 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Rbrun: Yes, but TG lso said it won't be six months! So he left himself some "slide time" there.

     

    A good ploy, IMO, as he must be aware, to some degree, the disappointment he's caused in the past.

     

    The BMW thing, being he said Axion has moved expectations on that out into the future some distance, might bear fruit but would still need to get all the paperwork done. Getting ppwk through corporate hierarchy can take some time. So I would expect a delay for any announcement about that.

     

    HardToLove
    29 Nov 2013, 12:33 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    HTL,

     

    I believe when TG stated it would not take 6 months it was in reference to "my" statement when I asked, would it take another 6 months! I believe that if I would have said 3 months he might have responded with "it won't be 3 months"! What I was attempting to do is find out how long "real soon" really is? I failed! ;-))

     

    I agree with you regarding BMW BUT for just thinking without restriction what if the contract language has already been hammered out over the past few months and the large meeting is more of a signing event? Not saying that it is really probable but then again not impossible too!
    29 Nov 2013, 12:45 PM Reply Like
  • 23808
    , contributor
    Comments (87) | Send Message
     
    R&D projects do not have hard deadline/service dates. Therefore, Companies do not hold R&D guys to their datelines.

     

    That is why TG projected sale dates have not been met. We should learned from history and learned to relax. We should not be upset on things that we cannot control: sales announcement dates or when NS and BMW complete their R&D projects.

     

    My college professor taught us how to relax before we took our final examinations. He did it by playing the song " LET IT BE" before he gave us the final exam test papers.
    29 Nov 2013, 02:53 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    RBrun,

     

    I personally don't have any high hopes for the upcoming meeting with BMW as it may just be a routine meeting, only bigger than the previous ones!

     

    Also like you I am expecting "significant" orders before Xmas time, whatever that means, but clearly his performance this year is below what I was expecting of him, and certainly doesn't warrant a 30k bonus!
    29 Nov 2013, 04:37 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1295) | Send Message
     
    Based on my new and improved TG Time Scale Translator (TGTST), "not six months" translates into "about a year."

     

    The converted time scale is inversely proportional to the amplitude of bounce in his step.
    2 Dec 2013, 10:06 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    NGS, :-) ) )
    2 Dec 2013, 10:13 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Ngs luvit.
    2 Dec 2013, 10:27 AM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (865) | Send Message
     
    NGS

     

    I hope that TG proves you wrong.

     

    Prudently, I am not holding my breath.
    2 Dec 2013, 02:31 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    LAB boys alarm clock sounds gain.

     

    Samsung SDI Signs Supply Contract with India's Acme for Energy Storage Systems

     

    "A Samsung SDI official said, "In countries like India where climate is warm and humid, lead-acid batteries last only 12 to 18 months. If the companies opt to replace the batteries with lithium-ion ESS, they can use the systems up to ten years and recoup their investment within the first two years.""

     

    http://bit.ly/181JR1V
    29 Nov 2013, 12:44 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    ii,

     

    I wonder if the hot climate will have any ill effects on the lithium batteries? I was under the assumption that hot weather was not the best environment for lithium either!
    29 Nov 2013, 12:51 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    RBrun: Maybe it's a matter of degree and needed performance? 100 F or so I wouldn't think would be a big issue for stationary apps where range anxiety is not an issue? The installation should be sized to keep the anticipated SOC within parameters for long life?

     

    HardToLove
    29 Nov 2013, 01:14 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    HTL,

     

    Thanks for that, sounds right.
    29 Nov 2013, 01:25 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    RBrun, There are lithium ion chemistries that will handle higher temperatures but they like any other battery suffer life cycle loss from higher temperatures. This is true of LAB's and PbC as well. All will require some level of cooling at higher temperatures to optimize their useful life and their performance depending on individual application requirements. I remember reading one article that suggested burying LABs underground in hot environments to improve their life based on cooler underground temperatures. This, of coarse, is also dependent on the needs of the individual application and the thermal conductivity of the ground at the site. Basically many of the characteristics that need to be understood for geothermal apply here as well.
    29 Nov 2013, 01:36 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Iindelco: ISTR from long ago that 20' down was a constnt 62 degrees F year round. I presume this is not around geothermally active ares, of course.

     

    If there's any water table overlap (or even nearby in depth), should have good enough cooling to carry away any waste heat I would think.

     

    HardToLove
    29 Nov 2013, 02:07 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    HTL, Yes depends on the climate as to what depth you will find constant temperature. Also, as you suggest, moisture in the ground improves heat transfer a whole bunch. An engineer I used to work with started a geothermal business here about 6 years back for residential and small businesses. IIRC he is going down about ten feet for horizontal heat exchangers in this region. But again it all depends on soil characteristics and where the water table lies is very important. Then you have to look at the level of energy transfer you're looking for as well.

     

    BTW, They also can drill vertical but it's more expensive and they can use deeper ponds which is far cheaper. Well that is if you already have the pond.
    29 Nov 2013, 02:47 PM Reply Like
  • Larry Meade
    , contributor
    Comments (111) | Send Message
     
    RBrun357,

     

    Hot weather , indeed, has an averse effect on the performance of the Lithium Ion battery. Just ask Ford who is currently using the Lithium Ion battery in their all electric and hybrid cars. They have to provide a cooling system in these cars for the batteries. If nothing else, this adds weight to the car unless the cooling system is powered! It is also noteworthy that Ford is not producing 2014 hybrid cars to date.

     

    On a more local level, the transit system in Wenatchee, WA is working with a California Lithium Ion Battery company to provide batteries for their downtown electric trolleys. The company has spent more than two years and paid the transit company for all its diesel fuel to build the all electric trolley power system. The biggest problem is the cooling system for the Lithium Ion Batteries.

     

    I can only surmise that the problem is the power drain to keep the Lithium Ion Batteries within acceptable operating range in a slow traffic environment.

     

    The Lithium Ion or Lithium Batteries are great in electronic but they are not great in transportation nor in large cube applications.
    2 Dec 2013, 07:32 PM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    Nissan
    Has no climate control on their batteries at all.
    In the hottest states (AZ,TX, Ca there have been problems) where Nissan first sold them in Dec 2010 4 years ago ( 3 summers ago)
    9 have lost over 1/3 of their battery capacity. 2 with less than 20K miles.

     

    Nissan has been forced to warranty capacity loss and is replacing battery packs free.

     

    http://bit.ly/RDLQlC

     

    I have no idea how big the problem is, as reports are voluntary.

     

    PS Kandi appears not to have a thermal management system on it's battery pack either. I don't expect this to be a near term problem but it might be in some years. While the car buyers aren't responsible the companies and their stockholders may pay for the problem. As I said that is a few years off.
    2 Dec 2013, 10:32 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Froggey, No active thermal management. We don't know what they are doing for passive thermal management. The latter being more favorable as it uses no on board energy. More favorable if it works.

     

    Cautionary note on the no energy used on board statement as mass reduction is still important.

     

    Nissan obviously has or had a problem. We shall learn how bad the problem is/was in the years to come. Perhaps it will be fortunate they didn't sell well initially.
    3 Dec 2013, 06:25 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Froggey77,
    It is my understanding that Nissan uses a passive air movement system for cooling their batteries. Works fine when the temperature outside isn't 100oF or more, but doesn't work well when it is, such as places like Arizona in the summer.
    3 Dec 2013, 09:23 AM Reply Like
  • Al Marshall
    , contributor
    Comments (631) | Send Message
     
    iindelco: I didn't know that lead acid was bothered by humidity. Is that consistent with your knowledge? Do you think the PbC would be any different than conventional lead acid?

     

    It is strange that we know that lead acid handles heat better than LI so it would seem that at least half of the Samsung statement is incorrect.

     

    Thanks.
    29 Nov 2013, 12:57 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    APM: I agree humidity s/n bother LA batteries if they are sealed types.

     

    HardToLove
    29 Nov 2013, 01:12 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    APM, I do not think humidity is a problem for LABs or PbC. It is more an issue for the electronics that support the applications that these storage devices are coupled with. Especially when you have situations when the temperature varies and you have condensation. Other than that the biggest issue one might have with higher humidity is more PM in the electrical connections between the battery/connector and the connector/conductor.
    29 Nov 2013, 01:41 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Iindelco - salinity would add to the humidity problems for the electronics I bet.

     

    HardToLove
    29 Nov 2013, 02:08 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    HTL, Sure would but that's only a coastal.problem AFAIK. Well unless there is saline dust in some regions that settles out?
    29 Nov 2013, 02:59 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Iindelco: I was thinking of the island nations that seem to be discussed as potential customers.

     

    HardToLove
    29 Nov 2013, 03:04 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Got ya HTL. Yes that's a concern in that case. Need some level of controlled air exchange. Or perhaps bury them.
    29 Nov 2013, 04:20 PM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    It seems JP was afraid of bring bored this weekend.
    To avoid that problem he stuck another stick in the hornets nest.

     

    Understanding Tesla's Giga-Scale Battery Challenges
    http://bit.ly/1fQRSM6
    I haven't had a chance to look at it yet. I did notice several comments from Don Harmon and MRTTF showed up too.

     

    160 comments in 7 hours. Must be a good one.

     

    "I'm the eldest of five sons and one of the first things every big brother learns is that tormenting his younger brothers can be tons of fun. Some habits are hard to break and I've done my share of tormenting less experienced investors who believe in an EV Santa Claus. Every once in a while, however, every good big brother sits down and tells his siblings the plain truth about the joys, opportunities and challenges of life without deliberately pushing their hot buttons. "

     

    Oh good luck JP
    29 Nov 2013, 09:49 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    NS 999 - The Rip Van Winkle loco chassis. :-(

     

    http://on.fb.me/18cHtCt

     

    Edit: One of the comments indicated that the NS 999 has had its front number boards removed. Could this mean anything? DRich, Wake up the trash truck is coming for a pick-up. Err, only kidding. Thoughts?
    30 Nov 2013, 12:31 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Paint it black, change the number and make it disappear in the middle of the night. Or else it is inside again.
    30 Nov 2013, 03:24 AM Reply Like
  • RuggedDC
    , contributor
    Comments (517) | Send Message
     
    The 999 just don't get no respect <sigh>.

     

    Here are the comments attached to this picture related to the 999...

     

    "Matt Lang What is 999 used for anymore?
    November 28 at 7:34pm via mobile

     

    Jim Tiroch Is the 999 even used?
    November 28 at 7:38pm

     

    Megan Salter Matt Lang 999 still is just a rail weight. Holds the rail in place wherever it sits. Usually it's just serving as a nuisance. On a serious note, it does get looked at occasionally and they do still have a project ongoing to fix its issues.
    Yesterday at 2:27am via mobile"
    30 Nov 2013, 06:10 PM Reply Like
  • SMaturin
    , contributor
    Comments (2268) | Send Message
     
    He walks, he talks, and he cleans up after himself!

     

    Metro, your esteem has risen!

     

    Neanderthals were pioneers of domestic bliss
    http://bit.ly/1bfriUN
    3 Dec 2013, 01:29 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    The comment beneath the photo claims the 990 is in there but I can not find it. But then I was never very good at finding Elmo either!

     

    "11/2013, Lots of goodies in the shot of the Juniata Shops including two freshly painted CEFX SD60s, an 80MAC, one of the OCS F units, the 999, a few stripped down SD60 frames, and a couple slugs."
    30 Nov 2013, 10:47 AM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >RBrun357 ...The NS999 is the upper-leftmost locomotive in the picture.

     

    >iindelco ... I don't know that the front number board is or isn't removed because the picture is not of high enough resolution. I'd believe it to still be there just hard to see because of the lighting and color scheme. There is no reason for Norfolk to remove it. Even the decommissioned locomotives keep their designations until torn down.

     

    If (and it is only a slim chance) the boards have been removed either the sheetmetal is new or the loco has been decommissioned. I don't think the commenter is seeing what he thinks he's seeing. The only discouraging thing is NS999's location on the shop storage siding but that is better than having it not in the shop WHIP area at all.
    30 Nov 2013, 11:36 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    DRich, Thank you for your input as always.

     

    BTW, I had compared an initial NS 999 launch photo, side view, to a recent photo and could not discern any differences in the exterior.

     

    PS, Next time lie so we can be excited for awhile! <end snark>
    30 Nov 2013, 01:22 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    DRich,

     

    Thanks for finding Waldo! Even after you pointing it out I am still not able to identify it! ;-((
    1 Dec 2013, 11:00 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It's the only unit in the yard with a white stripe that swoops up.
    1 Dec 2013, 12:13 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3219) | Send Message
     
    There's two locos by themselves on the left in about the 10 o'clock position, about 60% of the way up the picture, to the right of the big shed, straight to the left of the top most blue loco (they're NOT the two black locos in the distance). It's the top one, I believe, that has the nike-logo-looking swoosh (up-turning line, anyway!) on its side. That swoosh is usually how I pick it out, as it's a distinctive and unique feature on its side.

     

    When I squint after a glass of Bailey's, I swear I can just barely make out Waldo. He's in the cab, sleeping. With a Do Not Disturb post it note on his hat.
    1 Dec 2013, 12:27 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    Perfect! Thanks!
    1 Dec 2013, 02:54 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    I thought for sure I saw the viewgraphs that Gibson Barbee, P.E. of Norfolk Southern and Philippe Westreich, PhD of Axion Power International made at during a joint presentation at the 7th Annual ASME Rail Transportation Division Fall Technical Conference updating the progress of the NS 999 Electric, but I can't find the link in my bookmarks and I didn't guess the magic term to find it on bangwhiz's search site.

     

    Can someone help me out?

     

    Might it also be worthy or being listed in our "preamble?" (there is a link to the Axion PR of "coming attractions" but no link to the actual presentation) ...
    30 Nov 2013, 01:39 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3219) | Send Message
     
    wtb, the 10/2013 NS-Axion presentation pdf is accessible thru Axion's website:

     

    http://bit.ly/1eB5zLn

     

    or

     

    http://bit.ly/1eB5yqH
    30 Nov 2013, 02:14 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    MrI: "accessible thru Axion's website"

     

    Heh. Not if you don't know it's there already and have the url in hand. Try finding it by doing a step-at-a-time url and you get as far as "Profiles" and you're at a dead end.

     

    "Profiles" can't be found either. But you can enter it if you know it's there.

     

    I presume that it's because the web site itself is covered by some NDA!

     

    </snark off/>

     

    But it's great that you had it - I didn't so I thank you too.
    HardToLove
    30 Nov 2013, 02:56 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    if you go through AXPW's web site investor page:
    http://bit.ly/13GdnJ6
    (right column ... PDF "icon" labelled "October 2013 ASME conference " )

     

    takes you to a signin page:
    http://bit.ly/1eB5zLn

     

    which then gets you (directly to) the PDF file that is the 2nd bit.ly link in Mr. I's reply
    30 Nov 2013, 03:00 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Wtb: My dissatisfaction is with the need to sign in - one (at least this "one") would think that public presentations that reflect favorably on the technology would be *easy* to find and *not* require that an account or sign-in be required.

     

    Since I had seen the sign-in requirement, I was aware of it, sadly in my POV.

     

    HardToLove
    30 Nov 2013, 03:11 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Agreed. Hopefully if we put a reference in the "Preamble" we can just use the direct bit.ly link.

     

    AXPW will probably be too busy responding to RFPs to mind :-)
    30 Nov 2013, 03:18 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3219) | Send Message
     
    Happy Thanksgiving, guys.

     

    Maybe 2014 will finally be THE year for AXPW.
    30 Nov 2013, 04:19 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Mostly OT, but some interesting tidbits.

     

    ‘Saudi America’ fracking boom a dilemma for environmentalists
    BY ERIKA BOLSTAD
    McClatchy Washington BureauNovember 28, 2013

     

    http://bit.ly/19aUxIQ

     

    Centered on Pittsburgh references, opens with a note about Aquion:

     

    "Yet Aquion’s best customers are across the globe, not down the street. The battery manufacturing plant sits southeast of Pittsburgh, atop the Marcellus Shale, the rich geographic formation that is one of the epicenters of the natural gas boom. So the battery storage systems the company makes aren’t likely to be used here, a region brimming with abundant natural gas reserves and reliant on coal-fired plants for energy."

     

    By inference, our PowerCube "sales" related to Solar won't, in the "short term" have quite the uptick they would have in Nat Gas wasn't so cheap. And the competition to serve "island nations" is likely pretty steep as so many battery companies fight for them. At the least, near term profit margins are likely to be squeezed (IMHO).

     

    The rest is a Fracking discussion which largely ignores just how long Nat gas needs to be a "transition fuel." Also ignores that Gasfrac has shown you don't need water to Frack, but somewhat like AXPW, they haven't convinced the "big boys" they've built a better mousetrap.

     

    But one strategy being used by Fracking opponents was new to me:

     

    "But he said GASP saw that the chance Pennsylvania would impose a ban on fracking was “pretty low” and that the state had concluded that emissions from drilling individual wells were too small and too scattered to regulate.

     

    So GASP decided the better way to go was to make sure that the dozens of new compressor stations being built to move the gas through pipelines – the number went from 157 in July 2008 to 374 in January 2013 – met air quality standards required to win permits to operate. Such facilities emit nitrogen oxides, volatile organic compounds, carbon monoxide and formaldehyde. They also burn natural gas, which releases the greenhouse gas carbon dioxide."

     

    This strategy probably won't slow down Fracking, but like building your wells properly, the industry should be held to best practices ... there will still be plenty of money to be made.

     

    Not looking for a big "religious" discussion here ... just for your information.
    30 Nov 2013, 05:19 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    WTB: That GASP discussion might be just one more reason why (CPST) has had such success with many of the major drillers and distribution entities (Dominion being an example of major user here and pipelines in Russia too).

     

    HardToLove
    30 Nov 2013, 05:37 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    BTW, Pittsburgh area more attuned to air pollution than many:

     

    http://bit.ly/19aVgcO

     

    Pretty good episode of When Weather Changed History (season 2) focused on this story:

     

    http://wxch.nl/19aVgcQ

     

    (contains video preview)

     

    World didn't learn the lessons, repeated much worse in London.

     

    Sadly, references to zinc as well.
    30 Nov 2013, 05:31 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Less for more just like before.

     

    24,250 GBP = 39,633.38 USD

     

    Volkswagen e-up! Priced from £19,250 in the UK

     

    "The Volkswagen e-up! electric city car goes on sale in the UK next week priced at £19,250 including £5,000 Government grant or £24,250 on the road."

     

    http://bit.ly/18vziXA
    1 Dec 2013, 08:14 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    All that for only £11,170 more than the top of the line ICE-up! that gets 50 mpg.

     

    http://bit.ly/1dJd4U1
    1 Dec 2013, 08:23 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    As you've suggested (below). Nor is it wise in passenger cars at this level of electrification.

     

    But doesn't it make ya warm all over? Hey that could be Tesla's new ad campaign. <end snark>

     

    Ceelo Green & Kermit The Frog Perform *Its Not Easy Being Green*

     

    http://bit.ly/1ipzb3S
    1 Dec 2013, 08:37 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Schaeffler 48 VDC drive package.

     

    " “Smaller is better” when it comes to electric motors"

     

    http://bit.ly/1ipAOi3
    1 Dec 2013, 08:52 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    2 very technically dense PRs (guess they do things differently over in Europe!) from Schaeffler on start-stop issues. A good reminder that it's about so much more than "just a battery."

     

    2013-01-14 | 000-003-845 DE-EN
    SCHAEFFLER AG, HERZOGENAURACH/DETROIT

     

    1. SCHAEFFLER OFFERS COMPREHENSIVE SOLUTIONS TO SUPPORT NORTH AMERICAN VEHICLES ADAPT START-STOP SYSTEMS BY 2020

     

    Customized start-stop solutions for the North American vehicle market

     

    http://bit.ly/18cMSwn

     

    2. 2013-11-20 | 000-004-673 JP-EN
    SCHAEFFLER AG, TOKYO

     

    SCHAEFFLER OFFERS COMPREHENSIVE SOLUTIONS FOR MODERN ENGINE START-STOP SYSTEMS

     

    Optimum Start-Stop Solutions for an Efficient Future

     

    http://bit.ly/18cMTAu
    2 Dec 2013, 09:27 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Wards uto video re: TSLA target.Actually the target is from BA/Merrill Lynch.

     

    Also in the clip is a discussion on Nissan's steer by wire development and comments on redundancy requirements.

     

    http://bit.ly/1cTI2Ui
    1 Dec 2013, 12:16 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Texas Electricity Problems-Facing Peak Demand

     

    "To deal with the electricity problems and meet peak demand, Texas has relied on the market to steady itself instead of paying for power plants to build new capacity. The hope is that once the cost of energy reaches a high enough price, the market will become attractive to new investment. In theory this will work but at the expense of the consumer."

     

    http://bit.ly/1iqDPyA
    1 Dec 2013, 06:11 PM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    It seems Dow wants out of the Li Ion battery business.

     

    Dow Sells Out Of Battery Subsidiary
    November 24, 2013 3:17 PM

     

    http://cbsloc.al/Iyzady

     

    "Dow said the sale “algns with Dow’s market participation strategy and investment prioritization decisions driven by improving return on capital and total shareholder return.” Also, Dow said that it now plans to focus on battery materials, not batteries — because the company said it sees better margins and growth in components."
    ...
    "Dow Kokam designs and manufactures large format nickel manganese cobalt lithium-ion cells and systems to customers in the fleet transportation, stationary storage, marine, defense and industrial markets."
    1 Dec 2013, 08:20 PM Reply Like
  • D-inv
    , contributor
    Comments (4788) | Send Message
     
    :-) Right righteous of Mr. Valenta to counsel Texas regulators to rectify recent drift away from regulatory subsidization of energy consumption and act to increase centralized planning, pick winners and use tax revenues to subsidize specific technologies.

     

    It was downright nefarious of ERCOT commissioners to raise the regulatory ceiling on wholesale electric power from $4.50 to $5 kWh in June of 2013 when the reported average spot wholesale electric power price in 2011 was $5.32 kWh. Could it be that a $4.50 kWh regulatory cap on wholesale power pricing was recognized as below market and raising the regulator cap to $7 kWh effective June 2014 incentivized construction of two new gas-fired power plants started in 2012 and due for placement in service in 2014? (sarc)
    1 Dec 2013, 08:39 PM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    UK Project Looks to Maximize Use of Range Extenders in Electric Vehicles
    http://bit.ly/1bcoPe0
    Perhaps someone is wising up?

     

    Here's a cute one
    Renault Electric Car Sales Up Over 100% After First 10 Months of 2013
    http://bit.ly/1bcoNCS

     

    If you look at the chart nearly all of the growth come from the ZOE(PC) which last year had 13 sales to date. So yea sales doubled. The ones that were for sale last year mostly look like shallow pools being filled. There is one exception to that.
    1 Dec 2013, 09:35 PM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    This is going to be expensive.
    Renault And Carasso Motors to Maintain The 900 EVs Sold By Better Place In Israel
    http://bit.ly/1hrYHnH

     

    <The situation for former Better Place customers is becoming clearer in Israel, where Renault Fluence Z.E. owners will now have to pay charging bills to Israel Electric Corp if they still want use home charging points and, more recently, the Lod District Court ruled that Renault and importer Carasso Motors will provide maintenance services to approximately 900 electric cars sold by Better Place before it went bankrupt
    Additionally, Carasso Motors will buy from Better Place’s liquidators 359 unsold Renault Fluence Z.E. cars for spare parts and try to sell them if they pass “roadworthy tests“.>

     

    Basically they paid under $5,000 a car but without batteries.
    If the car is mostly stock maintenance won't be too bad. If they truly have to cannibalize the new cars for parts this would get expensive real quick.
    1 Dec 2013, 09:47 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Yeah, And the most fuel efficient way to start your trip to the moon is via a balloon. That doesn't mean it makes sense. Details details.

     

    Study suggests fuel cell hybrid with supercapacitors for energy storage the most fuel efficient

     

    http://bit.ly/1appgl9
    2 Dec 2013, 06:55 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    If you believe fuel cells will become a real transportation technology, then the PbC may well be the best match ever because the voltage curves of the two classes of devices match up strikingly well. This was a topic I discussed at length with Ed Buiel back in 2006 and 2007. The article said batteries were a suboptimal choice because they couldn't charge quickly enough, which is why supercapacitors had a slight edge. If you added the charge acceptance of the PbC to the mix, the outcome could be very different..
    2 Dec 2013, 07:06 AM Reply Like
  • thotdoc
    , contributor
    Comments (1962) | Send Message
     
    Wouldn't it be funny if success with autos came from that mix?
    2 Dec 2013, 10:34 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thotdoc, Yeah but it's far enough off, if ever, so unless we got bridge building material we'd all be wet first. Wet, drowned and buried.
    2 Dec 2013, 10:39 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    11/29/2013: EOD stuff partially copied to the concentrator.
    # Trds: 67, MinTrSz: 500, MaxTrSz: 49000, Vol: 405469, AvTrSz: 6052
    Min. Pr: 0.1161, Max Pr: 0.1230, VW Avg. Tr. Pr: 0.1184
    # Buys, Shares: 15 78269, VW Avg Buy Pr: 0.1197
    # Sells, Shares: 52 327200, VW Avg Sell Pr: 0.1181
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:4.18 (19.3% "buys"), DlyShts 89269 (22.02%), Dly Sht % of 'sells' 27.28%

     

    ABERRATION! FINRA-reported daily short sales trade volume is missing 195,700 shares of the daily trade volume. I've e-mailed FINRA for clarification - it could be a case of partial volume which will be rectified on the next business day. There could be unreported short sales included in the (apparently) missing volume. Regardless, adding that to the FINRA trade volume raises it from 209,769 to my total and would lower the short percentage from 42.56% to my 22.02%.

     

    Keep in mind that today trading ended at 13:00 so all the times and numbers are affected by this holiday-shortened trading. This might include such as price ranges and buy:sell ratios as well.

     

    The average of the lowest 20 VWAPs times 85% today is $0.985 vs. $0.0986, $0.0987, $0.0988 and $0.0991 on prior days. 85% of today's VWAP is $0.1006 (YIPPEE! An up day!) vs. $0.0996, $0.1006, $0.0974 and $0.0972 on prior days. These are potential prices for the next tranche of shares to the PIPErs.

     

    Yesterday I had concern with the buy percentage dropping ... Regardless of that concern, today both daily short sales (“ABERRATION!” again) and buy percentage bounced back some, continuing the expected short-term daily short sales pattern: 28.82%, 21.42%, 5.45%, 3.93%, 6.04%, 23.10%, 7.64%, 13.37%, 5.75% and 22.02% today (subject to correction).

     

    No late-day weakness today – well, with a shortened trading day there was no “late-day” to weaken. See the trading breakdowns for a yawner.

     

    The usual stats, trading breakdown and thoughts are in the blog.

     

    http://seekingalpha.co...

     

    HardToLove
    2 Dec 2013, 07:15 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Hello Panasonic. They do make automotive LABs.

     

    Panasonic in Deal Talks With Auto Parts Makers for Expansion

     

    http://bloom.bg/1apAOVx
    2 Dec 2013, 07:52 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    IINDelco,
    Sounds like they think the demand for their auto Li-ion batteries from Toyota and Tesla is going to continue to grow in the coming years. Also, back-up cameras and DVDs in cars, SUVs and Minivans are going to become more of a standard option rather than an add on.
    2 Dec 2013, 11:18 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    LabTech, I expect that we will see pretty good growth with most coming from the hybrid side of the business.

     

    If cameras are to become standard the price must have fallen pretty significantly since I was last involved with quoting an application. At the time I was involved, which was at the launch of the GMT900 program for GM's full sized SUV, the cost of the Panasonic camera was 99 USD. No way that can support mass adoption.

     

    I am not aware of how radar type systems compare to this. I would think they would be more effective. Plus they can possibly offer some value while the car is in drive as the camera can only function when the vehicle is in reverse due to US regulations.
    2 Dec 2013, 11:42 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    IINDelco,
    " I was involved, which was at the launch of the GMT900 program for GM's full sized SUV, the cost of the Panasonic camera was 99 USD. No way that can support mass adoption."

     

    I don't know about cars, but I can pretty much guarantee that all minivans and many SUVs will have them in a few years. Once one soccer mom sees that her neighbor has it on her van she is going to want it on any new one she purchases. IMHO
    2 Dec 2013, 11:55 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    LabTech, If it could keep an eye on the kids in the back seat or help with things like hair and makeup it would already be in every vehicle including passenger cars. Or maybe just for selfies? ;-P

     

    I had to use the word selfie because I just learned the definition.
    2 Dec 2013, 12:20 PM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    The battery investment is probably the deal they made with Tesla a week or so ago and it is supposed to end about 2017.
    "OSAKA, Japan / PALO ALTO, Calif. -- Panasonic Corporation and Tesla Motors today announced that the two companies have reached an agreement in which Panasonic will expand its supply of automotive-grade lithium-ion battery cells to Tesla. With this agreement, the two companies update and expand their 2011 arrangement to now supply nearly 2 billion cells over the course of four years. The lithium-ion battery cells purchased from Panasonic will be used to power the award winning Model S as well as Model X, a performance utility vehicle that is scheduled to go into production by the end of 2014."
    http://bit.ly/1f3gWfz

     

    Glass is heavy and automakers keep making windows smaller for physical safety, but... it make it harder to see what is around you making cameras more necessary. (Also older people often have more trouble turning around.)

     

    Self driving cars may allow the windows to be removed entirely with emergency driving done with cameras,
    2 Dec 2013, 06:58 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Froggey, I had read that one of the reasons for the change in the windows and thus visibility in passenger vehicles was being driven by the styling guys. Not too well read on the topic but I do remember an article on this a couple years ago.

     

    Not sure how far they have progressed on this, article attached, but cost has been a big factor in slowing down implementation.

     

    Shattering Glass: Low-Weight Plastic Car Windows are Coming

     

    http://cbsn.ws/186UbrQ
    2 Dec 2013, 08:26 PM Reply Like
  • froggey77
    , contributor
    Comments (3174) | Send Message
     
    IIndelco
    I wouldn't be surprised if the styling guys have a hand in it.
    The article you linked to mentions weight a couple of times.
    For instance the title
    "Shattering Glass: Low-Weight Plastic "

     

    Also the mention that it may be difficult to get clearance for mass adoption.
    " NHTSA and other agencies will have to be convinced that plastic windshields and rear windows won't increase accident fatalities."

     

    Styling may be part of it but it may be they were asked to do it as well.
    2 Dec 2013, 10:50 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Froggey, Could be. Certainly steel is safer than glass in a collision as it stays intact shielding the passenger compartment and absorbs energy when deformed.
    3 Dec 2013, 06:33 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Not long ago there was a company attempting to sell safety glass windows to the auto manufacturers that was about half the weight of the current windows. This was accomplished by making the layer of plastic within the sandwich MUCH thicker, and the glass much thinner. The result was overall stronger than traditional safety glass, too.

     

    I believe this sort of modification (which of course could involve many different thickenesses of both plastic and glass depending upon application and testing results) could be coming very soon.
    3 Dec 2013, 07:14 AM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    All,

     

    We know TG mentioned in the last cc that they were working with other Rail companies besides NSC. Should we expect each and every rail company to do its own extensive testing (in other words, years away from any contribution to the revenue mix for AXPW), or would they go the NS route and try to speed the process up based on the success of the NS999 project of their competitor (assuming NS99 with PbC is a commercial success)?

     

    Any suggestions welcome
    A
    2 Dec 2013, 10:58 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Amouna, I'm kind of agreeing with DRich. I don't think another rail company would touch it if NSC doesn't show strong signs of implementation for motive power. Maybe for other uses like loco starters, rail side UPS or some other rail functions but not motive power.

     

    Apologies to DRich if I've misrepresented your thoughts.
    2 Dec 2013, 11:04 AM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    Thanks iindelco, that is also my thinking.

     

    So this only leaves PowerCubes as real potential revenue generators for the next few 1-2 year(s) before MAYBE ePower comes on board, and that is assuming ePower encounters success with its Series Engine Conversion kit. BMW is not even on the radar as far as I see it to be perfectly honest.

     

    As i see it today, betting on Axion is betting on the commercial success of powercubes.
    2 Dec 2013, 11:15 AM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >iindelco ... That is an accurate statement of my feelings about it. I know it has been said that Norfolk is dead serious about battery power and they seem to like the Axion PbC well enough but the question remains ... Does it actually work? I can't see anyone else coming out with a rail application until the R&D leader shows results. Batteries have been a long standing embarrassment to railroads for a century now.
    2 Dec 2013, 11:34 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    "As i see it today, betting on Axion is betting on the commercial success of powercubes"

     

    Which given uptake at this point is a sad state of affairs.
    2 Dec 2013, 11:34 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Stefan: In all fairness we should keep in mind that these various storage considerations, on either side of the meter, is a relatively new market. Heck, the regulators have only recently started to get their toes dipped into the water.

     

    No commercial entity has experience with it yet, so no one is in a position to "follow the leader" yet.

     

    We need to allow time for the market to develop and become robust (w/o fires in various installations, etc.) before we can really judge "sadness" re Axion's efforts.

     

    MHO,
    HardToLove
    2 Dec 2013, 11:46 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Amouna, I, for whatever reason, still think rail will come before "behind the meter cubes" as a first revenue stream. Why? Aluminus Cranus. Or drop the "Cr" and couple with stubborn.

     

    http://bit.ly/1bDXrvz
    2 Dec 2013, 11:49 AM Reply Like
  • Al Marshall
    , contributor
    Comments (631) | Send Message
     
    Amouna: I generally agree with your statement although with a slight difference. I think Norfolk Southern is doing something and will start doing real world testing at some point (and may already have). However, even if that is true, I think the testing and analysis will take a year or two, so as you note meaningful revenue is quite a ways off.

     

    I do think there is a very real chance that Axion will get revenue from sources that have not yet been identified. One particular opportunity that appears very credible and relatively short-fused to me is starter batteries for Fedex and UPS trucks.

     

    My point is that yes I wouldn't count on BMW and NS, but that doesn't mean all our eggs are in the powercube basket. Now, is a time of relative optimism for me. I don't sense any expectation of revenue announcements in the coming months and I don't think the PIPErs are going to rock the boat at all so things should run steady state for awhile unless there is an upside surprise. I guess watching paint dry during the winter is even more numbing than watching it dry at normal temperatures ;)
    2 Dec 2013, 12:00 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Iindelco: Is that the formal name for a "troll"? The description reminds me of the same.

     

    HardToLove
    2 Dec 2013, 12:10 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Well HTL, If I were to reflect on my days putting up with OMY I'd have to say yes.

     

    I was dancing outside of the true intent with my attempt at humor.
    2 Dec 2013, 12:17 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    HTL,

     

    My comment as to a sad state of affairs is time specific to the short term when Axion needs something so it can quit printing shares like Weimar Republic Marks.

     

    Two years ago, we thought all these great opportunities were two years out. Now two years later, the only near term opportunity that we have is power cubes when we only have two minicubes that have been sold to date. So in the short term, I am not holding my breath, but I am watching as more and more shares get shoveled out the door.
    2 Dec 2013, 12:27 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    Stefan,

     

    Yep, unfortunately! :(
    2 Dec 2013, 12:35 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Given the "manufacturing issues" with the Rosewater Energy Hub (not withstanding an UL certification!) I remain in a Missouri "show me" state of mind on PowerCubes.

     

    Another of those "untold stories" I'd love to know what really happened (but no doubt never will.)

     

    However, there may be "intermediate" products that work out, where well known, supremely funded and insured, large scale system integrators combine inverters from various companies and use Axion batteries, and warranty the "system."

     

    I doubt many companies are going to chance buying a very expensive system from a tiny market cap company with uncertain prospects like Axion. But they might buy one from one of the "big boys." See "no one ever got fired for buying IBM" back in the day. Imagine for a moment being a sales-critter on the other side ... what kind of "opposition research" you would use ...

     

    Would also love to know who owns (or can license) the IP regarding racking being developed for the NS-999.

     

    The purported sub-contractor problems are another story I'd like to see an impartial investigative story on, but never will.

     

    Back in the day, we used to talk about "core competency" a lot. I think Axion, being a tiny fish in the sea, needs to get very clear on that concept!
    2 Dec 2013, 12:40 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    wtb,

     

    You make some sensible points, like no big company would risk its reputation by going for new products manufactured by a tiny, unknown company in PA. However, in the case of the PowerCube, the product has had time to prove its reliability and performance in the mother of all real life experiments: PJM interconnection FR market.

     

    Hopefully this is reason enough for those big names to come out and venture with us!
    2 Dec 2013, 03:08 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Amouna, If I was working for a company and the PbC battery proved to be the best solution for an application I needed to support, I would probably insist on a backup replacement plan for the PbC batteries at EOL should Axion perish w/ nobody picking up the product line. I would not worry as much for rail and automotive as the magnitude of the programs would ensure someone would pick up the product. But for a cube I would want a plan at this stage of the game.
    2 Dec 2013, 03:15 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    Makes perfect sense iindelco. Some sort of assurance that your customer service will be there when you need it is very important.

     

    I don't know how TG and the crew are planning on addressing it. I guess they are taking the approach of "lets get some cubes out there first then we think about contingency plans later". This may not go down well with prospective customers but, hey, we have to start somewhere !
    2 Dec 2013, 03:26 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Amouna, I would certainly hope Vani and TG have an answer in their portfolio to address this as the topic is breached. I think any competent buyer would have this question near the top of their list during negotiations.

     

    As an Axion engineer I'd look to have the inverter programmable and a perhaps more expensive backup plan to offer the prospective client.
    2 Dec 2013, 03:35 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    With implementation of any new battery solution, you should always expect years upon years of testing and executives to tell you that they are almost there. Then you will never be disappointed by that eventual outcome.
    2 Dec 2013, 11:01 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    "you should always expect years upon years of testing and executives to tell you that they are almost there."

     

    We should be getting close then! ;-))
    2 Dec 2013, 11:35 AM Reply Like
  • greentongue
    , contributor
    Comments (973) | Send Message
     
    Perpetual "Halfway There!"
    2 Dec 2013, 01:45 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Argh!!!!!

     

    Mr. I's second link in the comment above (proving a direct link to the slides to the AXPW-NSC joint presentation)

     

    http://seekingalpha.co... (being the comment)

     

    has already "expired"

     

    the bit.ly link being: http://bit.ly/1eB5yqH

     

    resulting in this error message:

     

    This XML file does not appear to have any style information associated with it. The document tree is shown below.
    <Error>
    <Code>AccessDeni...
    <Message>Request has expired</Message>
    <RequestId>974E2...
    <Expires>2013-11...
    <HostId>
    YShpTeI6+Y8w5z51wd0nzT...
    </HostId>
    <ServerTime>2013...
    </Error>

     

    :-( :-( :-(

     

    Unbelievable. I suppose they'll sue us if someone copies it and puts in a dropbox type repository where people WHO ARE INTERESTED IN THEIR PRODUCT could easily read it.

     

    So unless you want to give them you email repeatedly, you need to make your own copy ...
    2 Dec 2013, 12:53 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    The first section of this article has some interesting points concerning the rail industry. Very applicable when thinking about the long test times and also when thinking about PbC vs lithium ion for storage in such apps.

     

    Challenges of measuring big voltages on the railways

     

    http://bit.ly/IBkpH5
    2 Dec 2013, 01:40 PM Reply Like
  • greentongue
    , contributor
    Comments (973) | Send Message
     
    Room for future product improvement and a oblique boost for the PbC idea.
    http://bit.ly/IBloXO
    2 Dec 2013, 01:46 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Households to Play Key Role in Financing Distributed Storage

     

    " It was acknowledged by presenters that the cost of batteries (in the case of lithium-ion) and their performance (in the case of lead-acid) still leave much to be desired."

     

    http://bit.ly/1bEw2JR
    2 Dec 2013, 04:40 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Someday.

     

    Bosch sees big opportunity for lithium ion batteries

     

    http://bit.ly/1bbA6OY
    2 Dec 2013, 05:05 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    This undying enthusiasm for mass lithium ion adoption explains why Axion can't get the consideration it needs, as it is perceived "old style"

     

    I think someone has suggested on this board that we may suffer from a branding issue, and I believe it is true to some extent!
    2 Dec 2013, 05:17 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Start Stop crane application ...

     

    http://bit.ly/1bajpo8
    2 Dec 2013, 05:34 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Exchanged emails with a representative to the crane company about the battery system for the S/S crane. She spoke with their product manager about it. He didn't identify the battery except to say that it was the same as was used in S/S cars.

     

    Someone in contact with Vani should forward him the lead. Given Axion's acknowledgement of pursuing this market, Axion should send the charge acceptance white paper.
    3 Dec 2013, 09:10 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1295) | Send Message
     
    Those are gasoline-powered lift trucks, not cranes.
    3 Dec 2013, 10:24 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    NGS - You are correct. I did not see a picture, but I envisioned a crane situated on the back of a large truck.
    3 Dec 2013, 10:40 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1295) | Send Message
     
    They are fork lifts and cherry pickers and such.
    3 Dec 2013, 12:01 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Are hydrogen cars the wave of the future?

     

    http://bit.ly/18cgmdZ
    2 Dec 2013, 06:07 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    My cynical side thinks the powers that be have come to the realization that battery-electric vehicles can't be the wave of the future so it's time to dust off the hydrogen myth and present it to a new generation of suckers on the theory that something good must have happened since the dismal failures of the late 90s.
    2 Dec 2013, 06:11 PM Reply Like
  • JohnM121
    , contributor
    Comments (501) | Send Message
     
    All we have to do is 'mandate' that every "transportation energy' station be required to sell 3 grades of E-10 gasoline, along with E-85, electric charging, methane and H2. Oh ya, anyone remember compressed air cars? They should all have a good air compressor, just in case.
    2 Dec 2013, 10:13 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    ;-). OHhmmmm. Da Brits.

     

    Hydrogen could save regional railways

     

    http://bit.ly/1bfaSfh
    3 Dec 2013, 10:52 AM Reply Like
  • RyanfBell
    , contributor
    Comments (68) | Send Message
     
    When branding a product of any kind doesn't it require large funds or a guerrilla tactic ad campaign.

     

    What good would it do to brand a product like this other then trying to get people to only see the positives. Would it make sense to even bother to get the masses behind it to push certain industries to adopt such tech sooner rather then later.

     

    Anyone know a good lobbyist.
    3 Dec 2013, 03:10 AM Reply Like
  • greentongue
    , contributor
    Comments (973) | Send Message
     
    Finals Week!
    (At Train School?)
    3 Dec 2013, 08:22 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    New blog for December up.

     

    12/02/2013: EOD stuff partially copied to the concentrator.
    # Trds: 75, MinTrSz: 204, MaxTrSz: 55000, Vol: 592834, AvTrSz: 7904
    Min. Pr: 0.1157, Max Pr: 0.1225, VW Avg. Tr. Pr: 0.1171
    # Buys, Shares: 15 168654, VW Avg Buy Pr: 0.1187
    # Sells, Shares: 59 414180, VW Avg Sell Pr: 0.1165
    # Unkn, Shares: 1 10000, VW Avg Unk. Pr: 0.1168
    Buy:Sell 1:2.46 (28.4% "buys"), DlyShts 123454 (20.82%), Dly Sht % of 'sells' 29.81%

     

    The average of the lowest 20 VWAPs times 85% today is $0.0986 vs. $0.985, $0.0986, $0.0987, $0.0988 and $0.0991 on prior days. 85% of today's VWAP is $0.0992 vs. $0.1006, $0.0996, $0.1006, $0.0974 and $0.0972 on prior days. These are potential prices for the next tranche of shares to the PIPErs.

     

    Today, VWAP, trade volume, and daily short sales moved -1.07%, 46.21% and 38.29% respectively. Note that the missing 11/29 trade volume, and potentially short sales, is still unresolved, leaving volume and short sales changes in doubt.

     

    The usual stuff is in the new blog here.

     

    http://seekingalpha.co...

     

    HardToLove
    3 Dec 2013, 09:19 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Good article on Cytomedix. They just had another positive CMS reimbursement decision.

     

    http://seekingalpha.co...
    3 Dec 2013, 09:58 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    Over 600,000 shares traded so far this morning, who could be buying? Any Axionistas here picking up more shares?
    3 Dec 2013, 10:22 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    They're baaack! This game has a ways to go yet.
    3 Dec 2013, 10:30 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3219) | Send Message
     
    Looks like the PIPEr are now selling their latest tranche of 10 million or so shares.

     

    As far as who's buying, other than Axionistas, who knows? Newbies have been very quiet here. After I asked for some of them to speak up, IIRC only one did.

     

    Will be very interesting to see how the big forces interact this month---big PIPE and maybe big tax selling vs bottom fishers.
    3 Dec 2013, 10:35 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Must be those chatty NYC real estate developers that know someone buying a PowerCube :-)
    3 Dec 2013, 10:52 AM Reply Like
  • Josh Greene
    , contributor
    Comments (78) | Send Message
     
    I'm one of the the buyers. I'd be curious when it bottoms this month, you've got the PIPE folks, and a perfect situation for a bunch of tax loss selling.
    3 Dec 2013, 02:30 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    Welcome Josh! I see from your bio "I usually focus on very small cap stocks that are unloved by the street".

     

    Man, you've come to the right place! :-))

     

    But it will change. Not this month, IMO.

     

    HardToLove
    3 Dec 2013, 02:44 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    With over 720,000 shares traded now I am wondering if we should be calculating this to be only 320,000 due to the beliefs that 50% are sells and 50% are counted as buys?

     

    If it is truly 720,000 shares then at this rate the 10 million new shares might be gobbled up within a short period but I know that I have not counted for the non PIper trading!
    3 Dec 2013, 10:45 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I think we have to assume that 50% of reported trades are sales by existing stockholders (principally PIPErs) and that 50% are purchases by the stockholder base. While I'd love to dream that the PIPErs could be out of stock soon, they just got their pantry refilled and have shown a willingness to convert early if they run out of stock. What I'd really like for Christmas is news that they've converted another big slug of debt early and will be out of stock by February.
    3 Dec 2013, 10:59 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    JP,

     

    Since you did not get the birthday present we all were hoping you would get I am definitely hoping that Santa Claus will come through for us!
    3 Dec 2013, 12:50 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    Its always good to keep the spirits up :) Let's hope this time TG comes around with a big order in time for Xmas!
    3 Dec 2013, 01:15 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    A little motivational tune.

     

    Granville "Stick" McGhee - Let's Do It!

     

    http://bit.ly/18ALJl1
    3 Dec 2013, 01:33 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >Amouna ... Sales before Christmas? I do enjoy the enthusiasm I find here but there will be no sales before Christmas. I can't envision any before the February to April timeframe. Even if I'm wrong (per usual) I don't think it will make dime's worth of difference to the stock.
    3 Dec 2013, 02:04 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    Just thought I'd mention that when I've done a trade and checked the trading volume immediately afterwards (most of the time), the Tr. Vol. would increase by the exact same number of shares I purchased.
    3 Dec 2013, 02:06 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Wayne, me as well. For a long time I've watched this. But I can't tell you if the mm is taking it into inventory and trading it some short time later or holding it for a larger order client.
    3 Dec 2013, 02:20 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19434) | Send Message
     
    WiO; That's often the case, but I've also seen cases where I was pretty sure two trades went of that were part of one.

     

    It's not the trade volume that's off anywy. What JP refers to is that often a trade will involve two steps, one involving a market-maker. What he's trying to estimate is the actual end-point of how many shares traded hands.

     

    Now, intra-broker trades likely are "single-count", that is, the xxx shares moved from one end-holder to another. When the trades are inter-broker it *may* involve an MM. E.g., MM buys low and sells to an end-holder at a higher price. If all trades were like this we'd have only half the trade volume trade end-holder hands.

     

    The long and short of it is we'll never know, either precisely or generally, how many shares really moved from end-holders to end-holders. Lot's of time I can say with confidence we have a "single count" for much of the day (not as often now that so many MMs are involved and aggressive). Other times I see definite evidence that some trades are very likely "double count".

     

    HardToLove
    3 Dec 2013, 02:23 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    >Drich:

     

    surely you COULD "envision" it happening (interesting choice of word by the way :-) )

     

    I dare say you choose NOT to envision it happening.

     

    perhaps "won't" instead of "can't" :-)

     

    Not that I disagree with you ... especially about the predicted stock change if they sell a PC or two ...

     

    seems to me that nothing beyond some long term repeating sales "memorandum of understanding" signage that takes PIPEs off the table, be it with NSC, ePower, or BMW will really move the stock price.
    3 Dec 2013, 02:32 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >wtblanchard ... Maybe, but nothing in the FACT bin in comparison to the RESULTS bin suggests to me anything better than steady state performance. That leads me to a realistic "can't". Whether I will or won't would require reinstalling my "happy" brain functions for analysis of Axion and as of this moment the best I can muster is an exhausted "hopeful".
    3 Dec 2013, 02:55 PM Reply Like
  • raleigh731
    , contributor
    Comments (306) | Send Message
     
    a dimes worth wouldn't be bad.....:<}
    3 Dec 2013, 03:02 PM Reply Like
  • geopark
    , contributor
    Comments (332) | Send Message
     
    "there will be no sales before Christmas."

     

    Sorry if I sound like the Grinch but I do love a sober comment such as this . . makes me laugh and keeps my feet firmly planted, just where I like 'em.
    3 Dec 2013, 04:46 PM Reply