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  • growsmart
    , contributor
    Comments (165) | Send Message
     
    Catch One
    22 Jan 2014, 01:28 PM Reply Like
  • Renzo
    , contributor
    Comments (346) | Send Message
     
    Two can play at that game.
    22 Jan 2014, 01:29 PM Reply Like
  • astallings
    , contributor
    Comments (12) | Send Message
     
    Is this old news?

     

    http://bit.ly/1inDdt4
    22 Jan 2014, 01:37 PM Reply Like
  • greentongue
    , contributor
    Comments (973) | Send Message
     
    Even if it is, it is Good news and nice to have linked on the new Concentrator.
    22 Jan 2014, 01:39 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    astalllings,
    Somewhat. It was posted in the last concentrator. Basically, since Bysolar announced the project, all the subcontractors (ie Axion and Princeton Power) are now able to come out and say they are part of the project as well. TG did it on a local business news program (which was found on youtube), and Princeton Power did it with their PR release, that Axion then re-released afterwards.
    22 Jan 2014, 02:07 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    The most interesting part of this news release is the fact that Princeton Power had no problem with giving all the details of the project and naming the companies involved and the fact that Bysolar is the lead contractor. Whereas Axion seems to keep everything under a cloud of secrecy---such as in their November press release where they could only describe the sale as being to some North America entity. It took the sleuthing of people on this concentrator to make the initial guess that Bysolar was the company.
    So, what is it with Axion?
    All the delays and secrecy. Do they not want to sell any batteries or something? Is there some plot to delay things until they dilute the heck out of existing, mostly retail shareholders so that new money can come in and take over things? I have certainly seen that and worse from other publicly traded companies.
    22 Jan 2014, 05:13 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    nogoodslacker,
    To be fair, Princeton Power is putting out their press release after Bysolar has put out theirs, whereas Axion put out their information before the CC and before Bysolar's press release. I don't think it's unreasonable to assume that both were not allowed to put out full details until after Bysolar's press release, since they were the system integrator. IMHO.
    22 Jan 2014, 05:57 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    It wasn't sleuthing that came up with the Bysolar name. It was TG's interview on local television that he divulged it. Oddly that interview was shortly after the news release of the sale that declined to name the buyer. Strange. Perhaps just an oversight at Axion where the PR dept was unsure what info could be divulged?
    22 Jan 2014, 05:57 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    RA, it was sleuthing that found TG's interview. Yet another example of something Axion could have made public but we had to struggle to find it. Their PR is less than zero at a time when we need it most. When they do make a public promise of sales they fail to deliver. Someting is broken and needs to get fixed asap.
    22 Jan 2014, 06:04 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Princeton Power went back to back on the 20th and 21st:
    http://bit.ly/1inEJLy

     

    BIGI-250 Product Announcement

     

    January 20, 2014 By media@PPS

     

    (January 20, 2014) Princeton — Following a 12-month rigorous field test and successfully applying for UL certification, Princeton Power Systems is close to launching its highly-innovative BIGI-250!

     

    Expected to be available to customers in the second quarter of 2014, the BIGI-250 is the first three-port inverter designed specifically for solar and storage applications. It operates both on-grid and off-grid and features built-in smart functions, such as peak demand shaving, photovoltaic (PV) ramp-rate control, and area frequency regulation (AFR).

     

    To learn more about Princeton Power Systems products and services, including our upcoming BIGI-250 release, please call (609) 955-5390 or visit our website at http://bit.ly/1inEJLA.
    22 Jan 2014, 01:46 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3665) | Send Message
     
    http://bit.ly/1inNvJM

     

    no Axion mention, just a few more details
    22 Jan 2014, 02:41 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    http://bit.ly/1eAQ5YL

     

    I have no doubt that Axion is responding to these RFQ's and the list of characteristicts required by the utility customers in a battery system reads like a description of the PbC. If we start talking about a 50 MW customer, instead of this 500kw crap, I would say that's as good as any news from either BMW or NSC. I mean, that's more than 100 PowerCubes. Maybe you could cram the energy capacity into a smaller space using Li-ion, but not without sacrificing the characteristics that the utilities are demanding.

     

    Today's news about the poll confirms that Axion is negotiating with these California utilities. Also, the government shutdown last year probably cost projects like this more than 2 months in lost time/productivity, and torpedoed TG's expectations of "significant sales". 50 MW of PowerCube would certainly be "significant".
    22 Jan 2014, 02:14 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    PY -

     

    Confused by how you can draw such conclusions by the available evidence.

     

    Let's try having Axion quit crying wolf and deliver something meaningful in the way of sales before we start talking about 100 PowerCubes. Gov't shutdowns are common occurrences now.

     

    One PC for $320K that was it. If you put an 80% margin on it, that barely covers TG's salary for a year.
    22 Jan 2014, 02:29 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    A: California mandated the use of these systems in Q3, 2013. The utilities need to start buying soon.

     

    B: There is absolutely no reason to believe that PowerCubes are not at least near the top of a list of solutions.

     

    C: BySolar is like a little utility company. They decided that of all the battery systems out there, Axion's is the most effective AND offers return on investment, so at least one guy already picked Axion.

     

    D: The government shutdown had massive effects on the day-to-day operations of anyone who does business with the government for weeks leading up to, during, and after the shutdown.
    22 Jan 2014, 02:45 PM Reply Like
  • geopark
    , contributor
    Comments (332) | Send Message
     
    Aw gee Stefan, did you really have to rain on Patrick's Parade? Sure maybe he was reaching to enlist the spoiled Potomac sojourners 'time out' in defense of Mr. Granville but is that any worse than you calling our esteemed leader a little shepherd boy.

     

    Reality checks are important, I would not argue, but I was really enjoying Patrick's optimism. Anyway, speaking of reality checks, it's time for me to get to work, catch you later.
    22 Jan 2014, 02:50 PM Reply Like
  • geopark
    , contributor
    Comments (332) | Send Message
     
    Oh yeah, good rebuttal Patrick, thanks.
    22 Jan 2014, 02:52 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    A: California mandated the use of these systems in Q3, 2013. The utilities need to start buying soon. (This mandate is backend loaded so they don't have to install most of it until the end of the decade)

     

    B: There is absolutely no reason to believe that PowerCubes are not at least near the top of a list of solutions. (I no longer believe comments about bunny rabbits and butterflies - start closing some of the 2500% increase in RFPS and I will start believing again that the players on going to come play on this field)

     

    C: BySolar is like a little utility company. They decided that of all the battery systems out there, Axion's is the most effective AND offers return on investment, so at least one guy already picked Axion. (FINALLY - One small non-gov't PC deal closed)

     

    D: The government shutdown had massive effects on the day-to-day operations of anyone who does business with the government for weeks leading up to, during, and after the shutdown. (Gov't shutdowns are no longer an excuse if you want to survive).
    22 Jan 2014, 02:52 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3665) | Send Message
     
    If only government shutdowns were a more common occurrence! The economy improved as a result of the last shutdown, I read.
    I'd rather not be associated with a product or a company that required the support of the government and high taxes. I think our tax code, which essentially takes 50% of everyone's produce, is the major hindrance to our economy. If we could knock that down to 25%, a good start, many many projects would take off!!!
    22 Jan 2014, 03:00 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Geopark -

     

    You have no idea how much I want to talk about 50 or 100 PCs as a reality. It just isn't with the current available data.
    22 Jan 2014, 03:08 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >Stefan Moroney ... Ah! The Dream. A full days' production on the PbC line. Maybe a full week. Dare to dream.
    22 Jan 2014, 03:15 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    What data Stefan? The lack of data is not a result. You have absolutely no idea whether or not BIG customers are seriously about to pull the trigger on Axion or not.
    22 Jan 2014, 03:15 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    What we know is: Axion has demonstrated the ability to manufacture the product for commercial endusers.

     

    They have a good product that is as good or better than any competing product.

     

    Millions of dollars and hundreds of man hours have been invested by BIG players into developing enduses for our product.

     

    When these BIG players do pull the trigger, it's going to be a BIG BANG.
    22 Jan 2014, 03:23 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    The key to successful investing is to first identify an investment which you believe will make money, buy it in pieces using dollar-cost-averaging, and have a five year horizon - which is to say, you need to be cool-headed enough to suffer 50% losses and not sell when everyone else is freaking out so long as the fundamentals which led you to invest in the business in the first place are still in place.
    22 Jan 2014, 04:44 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    I do admit it is extremely difficult to discount future cash flows in a company like AXPW. But if one of our potential big fishes bites, that's just years of waiting and feeling depressed to bag a year-over-year revenue increase of 1000%, or stratospheric heights as compared to a P&G.
    22 Jan 2014, 05:02 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    PY -

     

    I recommended your post, agree and my average cost is not that far above the current price.

     

    With that being said, you also have to be careful not buy what mgt is selling lock stock and two smoking barrels unless mgt is backing it up by following through. Personally, I don't consider innuendo backing it up, I consider making predictions and following through backing it up. Once or twice is a miscalculation. Multiple times is a pattern.

     

    Other than that, let's agree to disagree.
    22 Jan 2014, 05:16 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    PY, a few quibbles:

     

    >>B: There is absolutely no reason to believe that PowerCubes are not at least near the top of a list of solutions.<<

     

    Can't proove a negative, therefore Axion is a good investment?

     

    >>C: BySolar is like a little utility company...<<

     

    They are mainly a solar panel installer. This project with Axion is by far the biggest project they have done to date. This has to be huge for them and I hope they continue, but it is peanuts for us.

     

    >>D: The government shutdown...<<
    Federal gov shutting down should not have had any effect on California or any of the other states. I certainly did not affect Norfolk Southern or any Carribean islands. Axion does not seem to have any major irons in the fire for the Feds, so someone just needs to put a bullet in this whole gov't shutdown excuse.
    22 Jan 2014, 05:24 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    PY, I think the main data that Sefan is referring to is the string of broken promises and missed deadlines.
    22 Jan 2014, 05:30 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    PY, I agree with you that, at some point, this company's sales will explode. I'm just not sure the current retail holders of its stock will still own a significant fraction of it by then. Aside from some potential power cubes, everything else is at least one year and one capital raise off in the distance.
    22 Jan 2014, 05:32 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    1000% would be nice. My current expectation however is that we will have to endure another round of dilution in the next capital raise. After that, I expect the small fraction of the company we will still hold will be worth something like 0.50/shr for current stock, perhaps by early 2016. That's about double my cost basis and it is what keeps me holding the stock. If we have to endure another stock price failure in the near term, it could get a lot worse. As always, those "significant sales" sometime in the next "not six months" could really help matters.
    22 Jan 2014, 05:37 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    " Aside from some potential power cubes, everything else is at least one year and one capital raise off in the distance. "

     

    ngs> Maybe but far from certain. There is lots of room for surprises with this technology that is so promising for multiple applications.

     

    In the desert, when it finally rains it usually pours.
    22 Jan 2014, 06:07 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    Patrick,

     

    I would be very happy with 5MW in CA to begin with, let alone 50MW :)
    22 Jan 2014, 06:23 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    To be perfectly clear: I haven't paid one bit of serious attention to what management says. All of my bullish statements are based on my own and other science/engineering background people vetting the technology and statements of interest from customers such as NSC and BMW directly as well as the implicit market implied by California utility/grid operators. I could care less about stated time-frames and forward looking statements.
    22 Jan 2014, 08:09 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    >No good slacker
    "you can't prove a negative". Actually you can. It's a common tool in axiomatic mathematics. That Axion is still negotiating and engaged in projects with BMW and NSC proves that the cat isn't dead. What Tom Granville says in conference calls is entertainment value only.
    22 Jan 2014, 08:17 PM Reply Like
  • Snowboard 2k01
    , contributor
    Comments (133) | Send Message
     
    http://bit.ly/1d6vy0y

     

    Close to an Oscar for these two short films in my review.

     

    Turn on your speakers and hit the arrow key.

     

    How long have these been up?
    22 Jan 2014, 02:29 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    Actually, while a 10X10 single layer of shipping containers is not enormous, could they theoretically be stacked or are they too heavy?
    22 Jan 2014, 02:29 PM Reply Like
  • froggey77
    , contributor
    Comments (3147) | Send Message
     
    PY
    Shipping containers are often stacked on ships. I doubt Axion's are as heavy as some of them.
    I believe Axion's are built to the same standards and are intended to be shipped to islands.
    23 Jan 2014, 10:09 PM Reply Like
  • kevin lemm
    , contributor
    Comments (164) | Send Message
     
    On April 23, 2013, the Green and Clean Journal posted an article regarding energy storage.
    http://bit.ly/1dV8Q9J
    The short article was an interview with Dr. Imre Gyuk program manager for energy storage research with the U.S. Dept. of Energy, in anticipation of the, then, upcoming May energy symposium “cleantech 2013”

     

    With the large variety of subject matter at the disposal of the program manager for the energy storage research with the U.S. Dept. of Energy, I found it interesting that the lead–carbon technology was the portion of the grid upgrade that Dr. Gyuk was excited to talk about. and left me refreshingly confident that exciting news is imminent.
    Gyuk was excited to discuss two particular projects involving lead-carbon technology. This is a variation of lead acid batteries that includes a carbon electrode. “Even though it’s very similar to lead acid, the carbon electrode has the ability to vastly extend the cycle life,” Gyuk said. There are two applications within the stimulus package which he will speak to attendees about. One is a 500 kV-4 hour battery system combined with500 kW of PV (photovoltaic) solar field in New Mexico, which is running data on peak shaving, morning and evening usage, intermittency, etc. The other is a 3 MW installation in Pennsylvania for peak shaving and frequency regulations.
    It’s no accident that the funding for energy storage was included in funding for smart grid technologies. “A smart grid with storage is a smarter grid,” Gyuk insisted. “We need to really make the system smart so that energy can go in and out, and provide buffering and communication.”
    This story is somewhat dated, April/May of 2013, but considering the time and planning that goes into purchases made for electrical grid upgrades, I would consider comments made nine months ago still relevant.
    On January 24, 2014, The Electricity Advisory Committee (EAC) will hold a teleconference to discuss the national grid energy storage strategy. (link provided below)
    http://1.usa.gov/1dV8Q9L
    I won’t be able to attend but the public is invited via link provided in the announcement. I will certainly look for a transcript or summary of the teleconference however.
    22 Jan 2014, 02:30 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Unfortunatley, both are UltraBattery projects.
    22 Jan 2014, 02:55 PM Reply Like
  • rgholbrook
    , contributor
    Comments (116) | Send Message
     
    If the choices come down to another PIPE or taking on debt, the public trough might be the best of two evils.

     

    http://bloom.bg/1inUJ05
    22 Jan 2014, 03:26 PM Reply Like
  • RuggedDC
    , contributor
    Comments (514) | Send Message
     
    I don't know who it is who's getting to buy the AXPW trade going down at .0993, but it's NOT ME, who was first on the bid from overnight and snagged 10% of my lot at that price around 10 AM…

     

    Edit: So they JUST handed me another 58K at 3:58… But it still seems that someone else is siphoning shares at .0993 that should have been going to me.
    22 Jan 2014, 03:58 PM Reply Like
  • dlmca
    , contributor
    Comments (402) | Send Message
     
    Patrick

     

    Suspect you (and we) look good a year from now

     

    A year is a lifetime when you have some thing of value for a market looking for a solution

     

    That is unless management and the sales team are incompetent. And there is the question?

     

    That said, short leash...and my goodness when was the last time we had back to back PR announcements. Maybe we are starting to roll

     

    March we will know...not far away
    22 Jan 2014, 05:02 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    I simply don't buy the idea that management is incompetent. I mean we have a serious partner in one of the world's leading transport companies (NSC), reluctant but serious interest from another (BMW), and one of the only tested frequency regulation systems on a first-world large grid network (PJM) that was chosen above competitors recently by an independent operator.
    22 Jan 2014, 08:25 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    dlmca,

     

    "That is unless management and the sales team are incompetent. And there is the question?"

     

    Starting to awfully sound to me like you are right on this. I don't want to acknowledge it because it pains me to admit that, but in a few months time this conclusion could very well be it :(

     

    In case no one has noticed, I am starting to lose patience....:)
    22 Jan 2014, 06:34 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    How many times do I need to reiterate that the problem with AXPW is the lack of faith among its shareholders. Share dilution has not been out of this world and new financing would have been required under even the best scenarios. If you have a problem with share price and you sold shares recently, blame yourself.
    22 Jan 2014, 08:28 PM Reply Like
  • isthisonebetter
    , contributor
    Comments (385) | Send Message
     
    OT:

     

    Sorry to go off-topic here guys, but I know there are a few people here who trade options. I'm looking to get started with covered calls for now, and possibly buying calls and puts in the near-term future. My question is this: I'm looking at options expiration dates and some of them have "(W)" at the end; what does this mean? Thanks and sorry again for posting this here, but I don't personally know people who trade options.
    22 Jan 2014, 07:13 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    isthis> probably for "weekly"
    22 Jan 2014, 07:45 PM Reply Like
  • isthisonebetter
    , contributor
    Comments (385) | Send Message
     
    Thanks RA.
    22 Jan 2014, 07:55 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    January 21, 2014 in Companies, Hydraulic Hybrid by Rich Piellisch

     

    Superior Torque is the Differentiator for the Hydraulic Hybrid,
    Colorado Company Promotes Brake Retarder to Show Benefits

     

    Colorado’s Lightning Hybrids is moving to differentiate its hydraulic hybrid drivetrains from the electric hybrid competition. A key distinction is the suitability of the higher-torque hybrid for heavy vehicles, the company says.

     

    http://bit.ly/1eTD6zU

     

    "Lightning’s new hydraulic brake retarder, while optimized for brake wear reduction rather than fuel savings, uses the same accumulators as the full hydraulic hybrid drive and yields some of the same fuel-saving benefits. It represents a way to introduce the hydraulic hybrid concept to a customer base that’s investing money to save brakes anyway, Reeser says."
    22 Jan 2014, 07:53 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    FINRA daily shorts missing 20,087 in volume again. So I expect some shorts in addition to the reported 313,100 (40.46%) will appear again tomorrow.

     

    FYI: they are working diligently on this - even got an e-mail from the guy at 17:48 this P.M. I'm making and sending pared-down spreadsheets to them for AXPW and another symbol which also has problems. They've told me it helps.

     

    HardToLove
    22 Jan 2014, 08:06 PM Reply Like
  • Al Marshall
    , contributor
    Comments (631) | Send Message
     
    The PR blurb that Axion presumably submitted to the SmartGrid Companies to Watch contest has a sentence that I find interesting although I am not sure what to make of it. It is the second sentence that says that Viridity Energy CHOSE the PbC batteries. From the description, it sounds like it could be the Bysolar project. Can anyone shed light on this? If this is correct, it would explain why little Bysolar decided on the PbC. It would also represent a point of encouragement that Viridity likes the PbC enough to choose it over more established and well-known competitive products. This despite its investors' potential conflict of interest (as folks pointed to in the last concentrator) and the strange total lack of activity and comment during the past two years. If true, this endorsement is very important news in my opinion.

     

    "Axion Power International has created the key component in the practical use of renewable energy into the smart grid: a superconductive PbC® battery to help utility companies and other partners store energy, provide back-up power, power conditioning and load leveling. That’s why Viridity Energy chose PbC batteries when it needed an external energy storage system to integrate into a major power grid—the PJM Regulation Market. And that’s why Axion is working with the U.S. Navy and MultiLink on energy storage projects and in discussions with other strategic partners to meet the demands of California’s aggressive energy storage mandate."
    22 Jan 2014, 11:43 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    apm> I highly doubt Axion generated the quote unfortunately. I say this because the PbC is not "superconductive" (AFAIK) but rather a "supercapacitor."

     

    Seems a rather large error that would kill any credibility for the remainder of the statement.
    22 Jan 2014, 11:57 PM Reply Like
  • D Lane
    , contributor
    Comments (1681) | Send Message
     
    Al, I read it as indicative of Viridity "choosing" the PbC back when the 'cube on-site at Axion was unveiled.
    23 Jan 2014, 07:31 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Typos are common in press releases. Some are quite hilarious. This one seems obvious. Until the PR firms are staffed with engineers, this will continue.
    23 Jan 2014, 08:21 AM Reply Like
  • D Lane
    , contributor
    Comments (1681) | Send Message
     
    LOL "Until the PR firms are staffed with engineers, this will continue" :-)
    23 Jan 2014, 09:03 AM Reply Like
  • mrholty
    , contributor
    Comments (1135) | Send Message
     
    I disagree. Usually a PR firm will ask the company to provide a blurb. We can do better.
    23 Jan 2014, 10:08 AM Reply Like
  • Al Marshall
    , contributor
    Comments (631) | Send Message
     
    D Lane: I'm not feeling confident about my interpretation of the nomination blurb but I do feel that it is unlikely the statement refers to Axion's own cube. After all, I'm sure that involved Axion seeking out Viridity, whether on their own, or based upon PJM's recommendation, to help them connect to PJM. That is Axion chose Viridity, and Viridity's only choice was whether or not to work with Axion.

     

    This blurb sounds like the end customer delegated the choice to Viridity. I may be looking stupid here but I'm not yet ready to dismiss this because of the technical error (which I didn't notice when I first read through it).

     

    I've written some of these kind of blurbs in my past. I'm pretty sure Axion's agency wrote it. I suspect that what happened was that the write had a hard limit on the number of characters and had to do some shoe-horning to fit everything s/he wanted to say in the limited space.
    23 Jan 2014, 12:10 PM Reply Like
  • D Lane
    , contributor
    Comments (1681) | Send Message
     
    I hope you are right!
    23 Jan 2014, 12:37 PM Reply Like
  • Nathan Kemalyan
    , contributor
    Comments (941) | Send Message
     
    So, boys and girls, while we're waiting and worrying, how about reconciling these factoids: Recently Mr. Peterson alluded to the fact that AXPW hasn't decided just how long of a warranty to slap on it's batteries. I recall him speculating somewhere around 2-3 years. The new announcement about a fixed installation suggests several years to return on investment. There's a gap between the warranty period and the expected return on investment for that battery placement. So...who insures the parties against the costs of premature battery failures? I doubt that AXPW has the resilience to withstand anything more than a very low failure rate under a warranty program, given that all future available operating expenses are in a bank account and there isn't a stream of sales revenue to replace that cash. If I were a utility purchasing a system with a projected 5+ years to return on investment, I'd want a nice extended warranty to cover the risk of equipment failure before the goods pay for themselves.
    Who bears the risk here? Maybe someone underwrites that as an insurance policy?
    23 Jan 2014, 02:07 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    "Who bears the risk here?"

     

    I'd say ultimately we stockholders. If the batteries don't last long enough under harsh loads to be economic then the PbC could be sunk. I'm convinced this is highly unlikely, though hard data supplied by Axion itself is lacking. Cycle life in the lab does not equate to the real world sitting around at PSOC for long time periods and possibly harsher vibrations and temperatures.

     

    OTOH why would BMW and NS still be around if longevity were not acceptable for their needs? And ePower reportedly did their best to induce failure and *couldn't*. (Well, I bet sledgehammers would have done the trick!)
    23 Jan 2014, 02:36 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The warranty period for ePower will be different from the warranty period for other applications because the ePower hybrid drive puts so much strain on the batteries for 10 to 20 hours a day. Since I have a very hard time imagining a stationary application that would put a comparable strain on the batteries, I'd bet dollars to donuts that the warranty period for Bysolar is significantly longer.
    23 Jan 2014, 06:18 AM Reply Like
  • jpau
    , contributor
    Comments (960) | Send Message
     
    The batteries shall be warrantied for: 4 years or 3 cap raises or 1 additional PIPE financing, whichever comes first

     

    apologies for my gallows humor
    23 Jan 2014, 08:32 AM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    "I have a very hard time imagining a stationary application that would put a comparable strain on the batteries..."

     

    This question may come across as a bit naive, but do we know for sure that ePower's applications will put a lot of strain on the PbC? Since its attributes seem so well suited to ePower's applications, is it unreasonable to infer the PbC will just do what comes naturally to it, without any undue strain? --- Thanks.
    26 Jan 2014, 06:05 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    In most stationary applications the batteries are charged slowly and then sit idle while they're waiting for a discharge signal. In our tractor the batteries are always cycling up and down in response to small changes in road grade, wind speed and dozens of other factors. The application is squarely in the PbC's sweet range, but we work the hell out of the batteries, which is why warranty discussions are focused on hours of operating time rather than years installed.
    26 Jan 2014, 06:43 PM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    Open question about the capacitance of the PbC:
    I have seen John mentioning a capacitance of 13000F but by relatively straight forward computations (13kF x 12V) / 3600 = 43.33 Ah, then you multiply by 12V again and you get 0.52 kWh of energy stored only in the capacitor. This is an obvious contradiction, as the best dedicated super-capacitors get about 11 Wh / kg so if the battery would be only a super-capacitor, it should weight in the neighborhood of 50 kg (100+ pounds) - or we have a discovery greater than a "vulgar" battery :p

     

    So either we have 13kF for each 2V element in the battery, which still gives 86.6 Wh for a PbC, a huge amount for power boost BTW (which at retail price is worth $800+ if bought by the boatload http://bit.ly/1jpxzH2), or the 13kF is not the real number.

     

    Any hard numbers out there?
    23 Jan 2014, 05:23 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The 13,000 F number came from the joint Axion-GM grant application to the DOE and I've never seen the number repeated or reviewed a more detailed analysis.
    23 Jan 2014, 06:21 AM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    Thanks John.

     

    I think it's a really important metric, first for cost reasons (see above) but even more as it greatly influences the durability of the battery. The capacitor takes the hit from instantaneous high amps charge or discharge and up to its Wh limit may simply work before chemical reactions occur in shallow cycling applications. In that way, it greatly enhances the battery lifetime.
    23 Jan 2014, 07:30 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    That was always the allure of a battery-supercapacitor hybrid. The carbon electrode takes the beating and the chemistry is treated pretty gently.
    23 Jan 2014, 07:43 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    Nicu> Which "chemical reactions" in shallow cycling? My understanding is that the negative electrode which is the workhorse end operates with no chemical reaction at all.
    23 Jan 2014, 09:58 AM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    My understanding is that if you charge or discharge the battery with a delta larger than the capacity of the super-capacitor, there have to be chemical reactions. But if for example there is 5% of the battery energy storage as a capacitor, you can cycle rapidly 2-3% up and down using only / mostly the capacitor and not the ion transfer (only electrons travel in the capacitor electric circuit I think, and we know they have no meaningful mass :) ).
    23 Jan 2014, 10:42 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    Nicu> I read some time back in one of Axion's early SEC filings I think it was that the whole idea of the PbC was to get chemical reactions out of the negative electrode completely. The electrons are just adsorbed onto nano porous carbon so the charge is effectively "stored" with no chemical reaction.

     

    This is the essence of why ambient temperature hardly matters and speed of charge/discharge is tremendous -- no chemical reactions to wait for. It also is why voltage self regulates in strings and why the PbC does not throw off much heat.

     

    All these things I believe to be absolutely true; my faith in the PbC being grounded in little more than my simply paying attention during High School Chemistry enough to learn a few principles. I'm amazed that the market is so skeptical that these batteries won't perform as claimed given the known principles of chemistry.
    23 Jan 2014, 11:03 AM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    I think your answer is in "out of the negative electrode", but there are still chemical reactions in the battery, otherwise it is a pure super-super-capacitor that could sell for $5000+ and have millions of 100% DoD cycle life. Since I do not believe in miracles (anymore), I say this is simply not the case.

     

    In fact, here are the exact chemical reactions occurring
    http://bit.ly/1jmfPNA
    23 Jan 2014, 11:11 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    Nicu, I share your interpretation of how it works. Total capacity should be much larger than the capacitance alone.
    23 Jan 2014, 01:41 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    RA, if your interpretation was true, they would not need an acid solution or a lead positive electrode.
    23 Jan 2014, 01:43 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    Nicu> Yes the positive electrode is still standard LAB but not nearly as subject to sulfation problems as a negative electrode normally is. We know from testing that the positive electrode in a PbC has a long life and is not very susceptible to failure or performance loss, but eventually it will sulfate and fail.

     

    So I remembered correctly that they did get all chemical reactions out of the negative electrode, however a "half reaction" remains. Apparently this half reaction is basically the stripping of the electrons from the protons AFAIK.
    23 Jan 2014, 01:58 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    Nicu, there is a divide by 2 in the formula for capacitive energy storage:

     

    C x V x V / 2= XX joules, joules/3600 = Whr

     

    In this case, the number is 260 Whr
    23 Jan 2014, 05:32 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    That number for the capacitive storage seems more reasonable since we've been told that the 1C energy of a Group 30HT PbC is about 500 wh. When Nicu calculated 520 wh for the capacitance alone I was concerned that I might be misinterpreting the Axion-GM grant application but with a 50/50 mix between capacitive and electrochemical I think we're in the right ballpark.
    23 Jan 2014, 05:48 PM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    silicon, if you note capacitance by C, I challenge your formula with this litle "proof"
    http://bit.ly/1l2G5xn

     

    F = W x s / V^2 or F x V x V = W x s or F x V x V / 3600 = Wh

     

    if you cite from memory, there may be a confusion with kinetic energy that is indeed mass x speed x speed / 2 :)

     

    John, we know that the price of Wh of super capacitor storage is at least 10x that of Li-ion; if we would have 260 Wh, those carbon plates would worth their weight in gold (or bitcoin, whatever the folly of the day is)
    23 Jan 2014, 06:41 PM Reply Like
  • JamesBBecker
    , contributor
    Comments (480) | Send Message
     
    Not that it matters, but a pure capacitor loses voltage when it is discharged.

     

    So the formula for capacitor energy is voltage * capacitance * voltage / 3600 / 2.

     

    I imagine in the PcB, voltage is maintained by the chemistry as the capacitor is discharged. So in essence, the chemistry stores half the power.
    23 Jan 2014, 06:46 PM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    silicon, I think you are right; I have just received my super-capacitors (yeah, yeah, I have a hard time not buying toys when I love them) and on 400F, 2.7V is is also written 0.41Wh and this corresponds exactly to your formula; so I interpret that the voltage drops as you discharge them so when you average all things out you only get half of what I thought; so a Farad is in fact A x s / V (formally equal to Ws / v x V), that is it can give you that many amps second as the rated capacity times the voltage you charge it at, but when you get those amps out, you actual voltage drops

     

    so hear, hear, you have my "mea culpa" and my thanks for the education :)
    23 Jan 2014, 07:05 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    Yes it is definitely divide by 2. Since the voltage declines linearly with discharge, you are calculating the area under a triangle as opposed to a rectangle. And we all know the formula of a triangle is the formula for a rectangle divided by 2.
    24 Jan 2014, 09:57 AM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    yes nogoodslacker, I have even hesitated using the word integral in my previous comment but I went with the domesticated "average" for a more convivial discussion :p
    24 Jan 2014, 10:05 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Good ref. for those interested. Second link talks about why /2 down the page.

     

    Energy Stored on a Capacitor

     

    http://bit.ly/1ivrf0D

     

    http://bit.ly/1ivrfgT
    24 Jan 2014, 07:44 PM Reply Like
  • Valleywood
    , contributor
    Comments (846) | Send Message
     
    From the Annoyance Department. Just checked my accounts and I'm in a sea of red ink this morning. Every single position showing red numbers except . . . . Axion & Kinder Morgan.

     

    Kinder about to buy backup power from us maybe?

     

    Think I'll go back to the shop and make some headway there. :>) I continue to sit here and SWMBO will extend the honey-do list. sigh.
    23 Jan 2014, 10:47 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    VW, go back to the shop. While you're there try doing one of your tasks with a bounce in your step. It would be nice for something to get accomplished after such a signal.
    23 Jan 2014, 11:50 AM Reply Like
  • dlmca
    , contributor
    Comments (402) | Send Message
     
    I have asked Vani/AXPW for thoughts on the durability of PbC in different applications - train - truck - cube - vehicle

     

    Should I hear anything will share

     

    JPAU thanks for the gallows humor - clever

     

    "The batteries shall be warrantied for: 4 years or 3 cap raises or 1 additional PIPE financing, whichever comes first"
    23 Jan 2014, 11:31 AM Reply Like
  • ARGE
    , contributor
    Comments (724) | Send Message
     
    I watch a video last weekend where a man from Austin, who is trying to go off grid, visits a farm in New Hampshire to see how they did it.
    The interesting part, outside of pig wrestling was when the NH farmer is showing off his solar power / storage operation he says:
    "The only reason it is economical to store our electricity is that data centers can't afford a power outage so they replace their batteries before the useful life is up and we get them from next to nothing."
    Couldn't help but think that a used PbC has got to be worth a little more then a used LA.
    23 Jan 2014, 11:41 AM Reply Like
  • Bylo-
    , contributor
    Comments (426) | Send Message
     
    I just had a chilling thought.

     

    First, do the Axion patents cover the carbon plate itself, or the process to manufacture the plate, or both, or...?

     

    I ask because of the new technology called "additive manufacturing" or 2D printing. I wonder if it would possible for someone to use 3D printing to create carbon plates akin to what Axion uses and sell them to some other battery producer thereby undercutting Axions business. Would Axions patents protect them from this?

     

    I certainly hope someone torpedoes this idea of mine real quick so I can sleep tonight!

     

    Thanks in advance.
    23 Jan 2014, 11:52 AM Reply Like
  • ARGE
    , contributor
    Comments (724) | Send Message
     
    I have thought of that before, but was pretty sure that if you want a negative plate of all carbon in your battery then it is an infringement.
    I just saw a commercial where NY is offering all types of incentives to move a company, or part of it to NY, Tom should work on getting a shop and a 3d printer set up there to research if it can be done, with a $1M NY grant and 10 years of tax free real-estate of course. BMW supply worries solved.
    23 Jan 2014, 12:04 PM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    We will have colonized Mars before you will be able to (economically) print nanostructures with 1500 m^2 / g (or 10.5 acres / ounce) surface.
    23 Jan 2014, 12:08 PM Reply Like
  • Bylo-
    , contributor
    Comments (426) | Send Message
     
    So... About 2018 or so?
    23 Jan 2014, 12:14 PM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    Sure, with reformed atmosphere, oceans, a thriving economy and ... garangutan Li-ion manufacturing facilities :D
    23 Jan 2014, 12:19 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    Elon and Spacex are no doubt making it happen as we speak.
    23 Jan 2014, 01:03 PM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    Maybe, but he still won't be able to print those nano carbons before the first ocean ;)
    23 Jan 2014, 06:47 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Startup Thinks Its Battery Will Solve Renewable Energy’s Big Flaw

     

    "Aquion, the startup that developed the battery, has finished installing its first commercial-scale production line at the factory, and is sending out batteries for customers to evaluate. It recently raised $55 million of venture capital funding from investors including Bill Gates. The money will help it ramp up to full-speed production by this spring."

     

    http://bit.ly/KOcsQi
    23 Jan 2014, 12:25 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    Assuming the customers finish the evaluation and are satisfied with performance. As we've learned from our own experience, that could take a while.

     

    That being said, I am a little bit envious of Bill Gates.
    23 Jan 2014, 12:59 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    They however have sponsorship from hugely supportive players.

     

    BTW, This is the first time I've seen energy density and life cycle comments.
    23 Jan 2014, 01:09 PM Reply Like
  • ARGE
    , contributor
    Comments (724) | Send Message
     
    That info has been pretty hard to come by. I did see before where Aquion's battery can be charge 5,000 times and that it does have a voltage drop off without the dome at the upper end like a PbC.
    23 Jan 2014, 04:24 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    The latest blurb I saw on Aquion said their batteries will cost "about the same as lead acid" but will "last twice as long".

     

    Suddenly they are not "half the price" of LA, as they were a year ago. Ah, the practicalities of the real world. I also recall that the charge-discharge rates for the sodium ions in water based electrolyte cells is well below 1C for a reasonable efficiency. So the Aquion cell is by no means a Power battery. Not even close.
    23 Jan 2014, 05:48 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Xtreme Power Seeks Strategic Sale Through Chapter 11
    PR Newswire

     

    KYLE, Texas, Jan. 23, 2014

     

    http://bit.ly/1mLF4Z4

     

    "Gotcher said that the company's strong pipeline should be very attractive to potential buyers. "With the pipeline in excess of $100 million and letters of intent for $65 million, we have a solid base of new business. We also expect EBITA--earnings before interest, taxes, depreciation and amortization--to be at break-even by later this year with significant upside potential to both EBITA and revenue."

     

    Huh?????

     

    Some "clever" way to avoid lawsuit liabilities?
    23 Jan 2014, 12:40 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Xtreme Power had a big problem with that wind farm fire in Hawaii and may be trying to get out from under legacy warranty and other liabilities for the period when it made batteries instead of control electronics.
    23 Jan 2014, 12:50 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Johnson Controls reports 31% increase in quarterly profits

     

    http://bit.ly/KOv1no
    23 Jan 2014, 01:08 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It was another great quarter for their Power Solutions division which took 17.4% of segment revenue to segment income. The crazy part is that JCI's battery business only generates 15.7% of revenue but it accounts for 44.9% of segment income.
    23 Jan 2014, 01:18 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    It's a good thing changing your business away from "Plain Jane" flooded to enhanced flooded and AMG batteries. Just imagine how nice it will be once they start to see a significant rise in aftermarket sales on the latter two categories.

     

    Don't look for JCI to move away from this business model anytime soon by creating a longer life widget. Less weight sure.
    23 Jan 2014, 01:36 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Another 40MW of Grid-Scale Energy Storage in the California Pipeline

     

    http://bit.ly/1eAQ5YL
    23 Jan 2014, 01:31 PM Reply Like
  • greentongue
    , contributor
    Comments (973) | Send Message
     
    Those "operational characteristics" have PbC written large on them. I would think anyone that doesn't include PbCs will be paying too much for too little.
    23 Jan 2014, 02:16 PM Reply Like
  • isthisonebetter
    , contributor
    Comments (385) | Send Message
     
    Which of those ideal characteristics does the PbC fall short on? The author seems to think that you can't address most of those needs with one solution, is that also true of our beloved battery?
    23 Jan 2014, 07:06 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It's not terribly good at time shifting peak energy, but the rest are well within the PbC's wheelhouse.
    23 Jan 2014, 07:17 PM Reply Like
  • isthisonebetter
    , contributor
    Comments (385) | Send Message
     
    Thanks JP,

     

    I thought we'd covered the adequacy of the PbC for most of those on this board. I wasn't sure if his expectations were well below the capability of our battery or if my memory was failing me. Glad it's the former.
    23 Jan 2014, 08:13 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    FINRA; A little background. We've had two issues we were pursuing - missing "blocks" of shares and very small trades both being omitted from the EOD daily short sales.

     

    On the second item, it turns out that "odd lot" trades of small size were not required to be reported and, further, didn't always get disseminated, by Regulatory rule. That dissemination rule was changed recently and these small odd-lot trades were put on the feed. To include them on the nightly daily short sales, we needed dispensation from Regulatory. Here's an excerpt from e-mail just received.
    ======================...

     

    I got the ok from Reg to include odd lots in the totals. I then asked the developers to adjust the code accordingly. They were able to rerun the process for yesterday's ... I believe the code is good now, but would you mind performing a sanity check and see if everything else agrees with what you track? If so, I can ask them to roll this code into Production perhaps as soon as tonight.
    ======================...

     

    I've replied it looks good.

     

    Implications: Power ETrade Pro "Time & Sales" doesn't report these trades, I assume because they have code that suppresses them left over from before Regulatory changed the rules. This had the effect that Level 2 total for the day included them but no transaction incorporating the trades would appear on the "Time & Sales" or even Level 2. This may happen on your trading platform as well.

     

    I'm picking up the phone now to request ETrade change their code to report these. You may want to do the same.

     

    We don't yet know if/when the big blocks being omitted has/will be fixed. Right now the "work-around" is still in use.

     

    HardToLove
    23 Jan 2014, 01:43 PM Reply Like
  • RuggedDC
    , contributor
    Comments (514) | Send Message
     
    "Odd lot" in the days of my youth usually meant less than 100 shares (unless it was Berkshire Hathaway).

     

    In Axion's 9-10 cent PPS range is THAT what it still means - or something larger?

     

    Do people actually trade 87-share lots of AXPW? (Big spenders: that's a $9.95 commission on a $8.38 transaction…)
    23 Jan 2014, 07:03 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Rugged, I'm sure that electronic trading has diminished the negative aspects of odd lots. You probably recall during special events some companies would cash out shareholders with odd lots for free years ago.

     

    Your economics lesson holds true.
    23 Jan 2014, 07:18 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    RuggedDC; In my exchanges with FINRA, 100 was mentioned as the cutoff, just as you remember. From examination of the trades I believe at least one, and probably a lot more of them, were smaller trades needed to complete a fill. You've probably seen it - you order xxx size and they fill all but some crummy small piece and you sweat the rest. Well what happens often is they get you a partial fill and then finish it up with pieces here and there.

     

    I've seen some orders that weren't all that large I had in for buys take five or six trades to actually fill.

     

    There's other times I can't figure what the deal is. On LINE 1 share trades seem to happen an awful lot and I can't figure why. Since it's in the $30 range I assumed all the other smallish trades - 10, 12, 20, ... - were normal on more expensive stocks, but I don't know that fo' sure.

     

    HardToLove
    23 Jan 2014, 07:22 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1284) | Send Message
     
    Odd lot : not divisible by 100
    26 Jan 2014, 01:51 PM Reply Like
  • dance621
    , contributor
    Comments (204) | Send Message
     
    HTL, large selling volume pushing the price down initially 10% all of a sudden. Probably not panic selling but certainly determined selling? What does your superior insight say about it? Thanks
    23 Jan 2014, 02:53 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Dance621: I was on the horn with ETrade when it started. I backfilled best I could.

     

    First I see that seems the likely "catalyst: was ARCA tired of watching the paint dry. At 14:02 I have ARCA, BTIG and NITE all moved from $0.095 to $0.093 on the ask and at 13:56 the bid dropped to $0.0931 from $0.0963 at 12:57 - the last prior reading I had on it.

     

    In response to the 14:02 move on the ask, bid dropped to $0.09 at 14:03. At 15:06 ARCA jumped out with a $0.091 offer.

     

    Regardless, a goodly portion of the volume in that 14:xx area was initially sells - hitting the bid, rather than buys hitting the ask. Later as price began to recover, that changed and from 14:22 forward the buys predominated when the prices were near the very low $0.09xx area.

     

    So my take is that around the 14:00 mark we had enough volume (1,187,886 through 14:02) that ARCA and other PIPEer services (NITE, BTG, and ones we cant see) said there was enough volume to make taking a dump worthwhile, which they apparently did as through the close we traded another 881,770 shares.

     

    HardToLove
    23 Jan 2014, 04:43 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    The 4 PIPEmen almost certainly have a trading info advantage over most if not all retail investors in that they have access to TotalView or similar. Since it shows all orders, not just each MMs' best, they get a much more complete picture of demand. If they see, for example, that CDEL not only has 35k shares bid at 9.73 cents but also 50k at 9.60, 100k at 9.50 and 125k at 9.00, they can whack'm all and know with greater certainty how many they can sell at what prices at any given time.

     

    Of course, there's 4 of 'em, and they know the other 3 can see the demand, too, but retail has to mostly guess. One may hope his 35k at 9.73 is backed up by a lot of nearby depth, but it might not be at all.
    23 Jan 2014, 05:07 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    MrI: That's one of the reaons I try to capture as many bid/ask changes as I can log. Although I can't see all the bids and asks, I sometimes see some before they are "masked" on level 2 by better bids and asks. I don't erase the masked ones, but flag them as such.

     

    It adds a little bit so I can guess what might come up on either side if various levels get consumed.

     

    It's most useful when I also can make a rough estimate of what the PIPErs might have paid for shares. I figure a 15% or maybe even a 10% markup from those prices might inspire them to sell.

     

    What makes it worse is the MMs are also trying to make $, so they do their thing too.

     

    HardToLove
    23 Jan 2014, 05:13 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    HTL, nice. Every lil bit helps. Sounds like it takes a fair amt of effort, attention and patience, though, so o/s the reach of other folks.

     

    Anyway, how many shares do u think the PIPEmen have left from their latest draw? (Feb 2 prepymt + the previous one's true-up) Say, assuming perfect MM double count to keep it easier.
    23 Jan 2014, 05:34 PM Reply Like
  • RuggedDC
    , contributor
    Comments (514) | Send Message
     
    HTL: "at 13:56 the bid dropped to $0.0931 from $0.0963 at 12:57"

     

    My bid for 120K at (10:11 ET) revised downward price of .0963 (hey: it was a down day in the markets generally and I seemed all alone earlier in the day supporting price at .0993, even though my bid WASN'T getting hit) was filled between 1:38 and 1:41 ET in lots of 40K, 50K, then 2K, 20K, and 8K.
    23 Jan 2014, 07:13 PM Reply Like
  • RuggedDC
    , contributor
    Comments (514) | Send Message
     
    I can't believe that the PIPEr investors actually slave over a hot terminal constantly peering at AXPW prices (like we Axionistas foolishly spend our lives doing).

     

    I continue to believe that one of the services Maxum (sp?) provides to its esteemed PIPE investors is doing the slaving and share-dumping on behalf of all the PIPErs.
    23 Jan 2014, 07:20 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    MrI: I don't even try to guess. I just watch my technical stuff and try and assess from that. JP has done the heavy lifting on amount issued and such, so I would have more faith in his guesstimates than anything I could conjure up.

     

    I never had the urge to get that deep into the gobbledygook such that I could guesstimate the shares to be pre-paid and then trued up.

     

    Deep enough to see the long-term effect (BIG news needed or else) and calculate issue prices was about all I really wanted to stomach.

     

    HardToLove
    23 Jan 2014, 07:28 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Rugged: I was watching that 120K as it was the larges we had then. Congrats on the fill.

     

    38 trades out of our 145 were >=15K - 3 >= 100K, 80K, 90K, 5 50K, 48K, 40K, 7 >=30K, and a slew in the 15K-20K area. 67.19% of day's volume from these larger trades.

     

    Too bad even the largest of them aren't really all that big a $ amount. The 110K, e.g., was $10,670.00, $0.0970/share. One of the 100K trades was $9300.00, $0.0930/share. The other 100K was $0.095/share.

     

    HardToLove
    24 Jan 2014, 07:29 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Time for a PIPEr group hug.

     

    http://bit.ly/1hPb0IE
    23 Jan 2014, 02:57 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    Plenty of selling in Axionville! PIPERS at it again....
    23 Jan 2014, 02:58 PM Reply Like
  • alsobirdman
    , contributor
    Comments (433) | Send Message
     
    All of the selling is in direct response to my decision to buy more today. Big drop right after my buy went through. I did however get more @ .0905 so I'm happy with that block.
    23 Jan 2014, 03:08 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    I added today as well. I don't believe cheap PIPR shares will be around much longer; some kind of near-term positive announcement(s) seems imminent.
    23 Jan 2014, 03:16 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    You have 4 more months of PIPEr shares to look forward to under the new arrangement. No telling what other changes will happen to the agreement when VWAP falls below 0.09 next week---unless, of course, Axion starts selling some batteries.
    23 Jan 2014, 05:22 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    "You have 4 more months of PIPEr shares to look forward to..."

     

    It seems the selling pressure would be less however, because the adjusted rate of newly issued shares will be roughly half of what it's been for the past 8-9 months; unless I've misunderstood this. I'm also inclined to believe TG's "not six months" comments. Why? Because he said at the last cc that every sale that didn't materialize was still going forward; just taking more time. Much better than if these sales prospects had come to a dead end. --- Point well taken on if the VWAP falls <.09.
    23 Jan 2014, 05:31 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    nogoodslacker> We have no more months of 10 million share selling by the PIPErs. Under the new deal terms the available ammo in the PIPErs arsenal will fall to about 6.25 million shares a month for the next two months and then fall to 3.75 million shares a month for the last two months. Since the available data indicates that the PIPErs are responsible for 80% to 90% of sell side activity, the impact of the reduced reload could be significant. After all, the market is accustomed to having 10 million new shares a month and when you cut the supply side by a third its an important change.
    23 Jan 2014, 05:54 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Unfortunately, IMO, the market knows about the future PIPEr activities and Mr market has been trained to dig deep in the mud and wait for a bite to eat. I'm afraid that w/o the promised sales behavior will not change. Then the market will wait for Axion to "execute" their next plan.

     

    We need sales or a path to it. Nothing has changed other than we've added more time since the last targeted sales date. And that's not really a change either.
    23 Jan 2014, 06:10 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Sell some batteries?... what a novel idea.
    23 Jan 2014, 06:15 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    And maybe, to help that along, perhaps at last fully describe and characterize to the world exactly what it is that you're selling...
    23 Jan 2014, 06:22 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    48: And maybe a slick with some nice photos of them in operation: PC at the plant (insets with metrs showing), BySolar setup (will be ready soon), ePower truck burning rubber from a stoplight, ... :-)) Put that one on youtube (John - think Jay would go for a one-off software change for promotional purposes? ;-))

     

    HardToLove
    23 Jan 2014, 07:34 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >H.T.Love ... burning rubber from a stoplight (?). OK as long it doesn't look like one of John's old detractors ... KillaCycle ... did with the love of his life ... the quickest electric motorcycle in the world powered by A123 Li-on.

     

    http://bit.ly/Kw64dL
    23 Jan 2014, 07:43 PM Reply Like
  • raleigh731
    , contributor
    Comments (306) | Send Message
     
    WIO,

     

    I dunno....look at your number of comments on this one....is it an "OMEN" ?
    23 Jan 2014, 07:45 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    HTL, I'll remind you that John already took the stance that putting fast a$$ pit vipers on the doors of a rig is not the message ePower would likely wish to send to the potential market they aspire to. I doubt turning perfectly good tires into nano carbon paints a much better picture. 8-O
    23 Jan 2014, 07:48 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    DRich: I remember those well. I suspect we we wouldn't have to worry much with all the rig for protection.

     

    It'd be fun to see eight tires asmokin' though.

     

    Four "patches left as evidence of "grunt".

     

    HardToLove
    23 Jan 2014, 08:01 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Iindelco: truckers are enamored of big power. ePower might not like it, but it would get some buzz going.

     

    OTOH, full weight to sixty in the reported times might already be enough to do that.

     

    And you *know* some truckers will be putting some good looking decals on their doors once they get it.

     

    John ought to reconsider "whetting their appetite".
    ;-))

     

    HardToLove
    23 Jan 2014, 08:05 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    WIO, I dunno....look at your number of comments on this one....is it an "OMEN" ?

     

    You have no idea how much it pained me to say I believe TG's "not six months" comments. :) But my pragmatic bent tells me sales and/or other good news will be forthcoming near-term.
    23 Jan 2014, 08:10 PM Reply Like
  • raleigh731
    , contributor
    Comments (306) | Send Message
     
    WiO,

     

    I agree. I think it was a good decision on your part. I was referring to the "666" number of comments. :<)

     

    I'm considering a buy today as the price is still down and we are two months into TG's "not 6 months statement". Someone on here spoke of the increase in the budget for NSC relating to improvement of service (which hopefully includes the 999 project). Also, once e-Power starts fleet testing through their "lend-lease" program, that should add buzz. One or two more power cubes will start a trend, I believe. In my experience (admittedly in radio sales, which is not quite as technical as axion batteries (tongue firmly in cheek), once sales start to roll, it happens in exponential fashion!
    24 Jan 2014, 09:55 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    About the reduced rate of PIPE shares hitting the market: while it is true that the issued shares only have to cover half the amount of money each month, that is partially offset by the fact that they are getting a bigger discount and even more offset by the fact that the price continues to go down, so it accelerates the amount of shares issued. It also drags it out until the time when they will need to raise capital again so there will be less time for any rebound effect. I'm going to go out on a limb and say that, if those "significant" sales don't happen in the next month, the PIPERs will demand cash after the next price failure and the stock will drop to a nickel due to the ensuing liquidity crisis.
    24 Jan 2014, 10:06 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    ngs> I'm willing to bet that AXPW won't hit $.05 in 2014. The piece that you are missing is that buying support becomes far more powerful in soaking up PIPEr sold shares as the price drops. For example, if I decide to invest $1000 at $.10, I soak up 10,000 shares. If I put in another $1000 at $.06 it gets me 16,666 shares, or 66% more. Plus I believe *lots* of new buying support will come out of the woodwork if the price drops.

     

    Add to that the fact that the Axion sales tree has fruit that are ripening (even though they are hidden in the foliage) and I think a nickel in 2014 is very remote, even though your points are valid.
    24 Jan 2014, 10:50 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    RA, I guess I'm not one to dig through the detail in an effort to discuss the finer elements of how the s$#t sandwich I'm being served can't possibly get any worse. It's sales or they hold the mustard? Until then our stomach growls and we wait for the second course.
    24 Jan 2014, 11:02 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    iinde> Your sandwich is just a matter of point of view. If you bought at say $1 then yes you are feeling the pain. But if AXPW's destiny is to go to $2 or more then this side trip to $.10 is actually a huge blessing -- an opportunity to back up the truck.

     

    If the market price of a dollar is 80 cents, you buy it. If the market price later falls to 40 cents, the task then is to figure out whether the dollar is real or counterfeit. If you are sure it is real, be +glad+ for 40 cents and buy a whole bunch.
    24 Jan 2014, 11:12 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    RA, Understood. But we really have no information on when Axion might get added sales other than ePower. So, in my mind, discussing what price point we might hit as a low seems kind of fruitless at this point.

     

    I really can't imagine how Axion will raise another ten million USD in their next capital raise if their commercial progress stands where it is right now. The only assets they have are the carbon electrode patents and the machinery for processing them.

     

    Look how much the pipers ended up squeezing the price on Axion to get their money back. Axion will not have this as back up insurance for the next raise if they can't get the stock price up. So now what do they do? Deliver on something would be nice.
    24 Jan 2014, 11:22 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    R.A. - What if that 80 cents falls to .40, then to .30, then to .20 and then to .10 (and below) with no one publicly stepping up to the plate from the customer side or the financing side to show you that the dollar is real?

     

    Falling knife?
    24 Jan 2014, 11:22 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    iinde and Stefan> Your worries are valid. You wouldn't expect the market price of a dollar to fall to 40 cents without some big worries though. Future financing is extremely worrisome indeed.

     

    Iinde wonders about getting the stock up to make financing even possible. In a pinch, a reverse split would certainly do it. Yes it would be very ugly for us. But I am sure that Axion will find financing one way or another. The tech has way too much going to get the dustbin on the eve of commercialization.

     

    In the swirling uncertainty, for me two facts remain a beacon. First, the PbC battery has unique and compelling advantages which will make it economic for some applications. Sales will come. Second, the market cap of $20MM fully diluted is puny. The day will come when it will be higher by at least one added digit. With good news soon that could mean a 10 bagger within 2 years. With no good news and terrible financing it could mean only breaking even on my current investment after several miserable years of being down a hole. However, while down the hole I will be able to add to the position and the additions will profit.

     

    As long as Axion can stay away from straight debt and BK then I remain confident that buying shares now will work out.
    24 Jan 2014, 12:13 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    RA, Agreed with what you say.

     

    The reverse split is a paper tiger option. It is only valuable if you've been through hell and you now want credit from a new audience based on blue skies going forward. Doesn't work if you're still walking on hot coals.
    24 Jan 2014, 12:20 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    If a reverse split is in Axion's future before any material traction in any of the "initiatives," I would argue that it would better to wait on the sidelines.
    24 Jan 2014, 01:06 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Stefan: Agreed. Currently sitting in the mud jaccuzi and watching the splashing around on the surface, far above...
    24 Jan 2014, 01:08 PM Reply Like
  • bazooooka
    , contributor
    Comments (3662) | Send Message
     
    JP,

     

    Didn't the 20 first million shares of this PIPE kill the price when we were 2-3x higher? Are you expecting that Axion can soak up the next 4 months supply without having to renegotiate the placement due to pps failures. The macro market may play into things as well.
    25 Jan 2014, 02:44 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    On May 31st the 200-day average volume was 328,350 shares a day and the 200-day average liquidity was $96,100.

     

    Today the 200-day average volume is 865,750 shares a day and the 200-day average liquidity is $119,650.

     

    "Normal" has significantly changed for both volume and liquidity because of the PIPErs' behavior. Going forward the PIPErs will have fewer shares to sell each month Unless the new normal liquidity dries up and goes away the availability of fewer shares on the supply side should pull prices up.
    25 Jan 2014, 05:03 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    I think an Axionista with some video editing software could make a very funny Downfall parody "Hitler Learns AXPW had a price/volume failure"
    23 Jan 2014, 03:18 PM Reply Like
  • JohnM121
    , contributor
    Comments (500) | Send Message
     
    No need to do video editing, just need to do the writing:
    http://bit.ly/1bl5Krc
    23 Jan 2014, 05:23 PM Reply Like
  • axion-nl
    , contributor
    Comments (184) | Send Message
     
    time for some new negotiations rgarding price failure... or will TG come with some good news tomorrow?
    23 Jan 2014, 03:35 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Somebody got a little pushy today but we're a long way from a daily VWMA under $0.09.
    23 Jan 2014, 03:38 PM Reply Like
  • axion-nl
    , contributor
    Comments (184) | Send Message
     
    John, its been 2 months since the last sale.... TG has to come with sales soon. What can we hope for?
    23 Jan 2014, 03:52 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Yeah, but right now, in New Castle, the new CFO and TG have to be burning the midnight oil working hard, conjuring the terms of next extension/deal (part two), which looks more and more that this is going to happen as soon as next month.

     

    Today's late month "pushiness" is totally predictable given the PIPErs past behavior and actions.

     

    Not Good.
    23 Jan 2014, 03:59 PM Reply Like
  • ARGE
    , contributor
    Comments (724) | Send Message
     
    I picked up 4000 more shares today at $.09, under my bid.
    23 Jan 2014, 04:36 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    I wouldn't exactly call half a penny "a long way" given the steady downward trend.
    23 Jan 2014, 05:24 PM Reply Like
  • RuggedDC
    , contributor
    Comments (514) | Send Message
     
    Maya, I think you have it wrong:

     

    Figuring out a response to a new PIPE deal failure is on the "to do" list, yes, but right after strategizing where the next round of executive bonuses are coming from.
    23 Jan 2014, 07:25 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Rugged: That's just plain rugged.
    23 Jan 2014, 08:29 PM Reply Like
  • brianfscott
    , contributor
    Comments (51) | Send Message
     
    SOS (shares on sale)! Great price to add to holdings today...
    23 Jan 2014, 04:56 PM Reply Like
  • LT
    , contributor
    Comments (5783) | Send Message
     
    Amazing, an already announced sale is recycled the second time and starts unbridled enthusiasm here and demand soars....I imagine the PIPER's were wondering where they were going to dump this time. No way they are going to pass up a chance to unload 2 M shares.
    If history repeats, they will take a breather on the selling tomorrow (Friday) and see u next week and again next month.
    23 Jan 2014, 05:32 PM Reply Like
  • User462699
    , contributor
    Comments (120) | Send Message
     
    LT, Are you claiming the PIPER's sold 2 M shares today? Where did you get that number?
    23 Jan 2014, 05:45 PM Reply Like
  • LT
    , contributor
    Comments (5783) | Send Message
     
    total volume today was 2.0696 million shares. I don't buy the 50% rule. Mine always crossed 1:1 on reported volume. I am sure when MM's accumulate there is a double count but not on every sale of shares.
    23 Jan 2014, 05:48 PM Reply Like
  • User462699
    , contributor
    Comments (120) | Send Message
     
    LT, Thank you. It's all too confusing for me - I somehow had come to believe they were restricted to a small percentage of the total volume - something like 10% or 15%. Guess I'm wrong again.
    23 Jan 2014, 06:07 PM Reply Like
  • LT
    , contributor
    Comments (5783) | Send Message
     
    User46...where u got confused is that there are more than one PIPE investor and each one can sell up to that % of volume.

     

    I really hope something good happens with sales to end this, If not...as more shares are issued the price will drop further. I don't see mkt. cap changing from where it is....you can calculate how many more shares are left to sell and get an idea of my thinking.

     

    Caveat Emptor....my vivid imagination could very well
    tell me that all these press releases are just to stir up interest to create volume to keep shares flowing.
    23 Jan 2014, 07:17 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    This is Wednesday's post. FINRA missing a big chunk (that's the part not fixed yet) so I'll be delayed again.

     

    01/22/2014: EOD stuff partially copied to the concentrator.
    # Trds: 84, MinTrSz: 87, MaxTrSz: 100000, Vol: 773904, AvTrSz: 9213
    Min. Pr: 0.0993, Max Pr: 0.1040, VW Avg. Tr. Pr: 0.0998
    # Buys, Shares: 23 232486, VW Avg Buy Pr: 0.1000
    # Sells, Shares: 61 541418, VW Avg Sell Pr: 0.0997
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:2.33 (30.04% "buys"), DlyShts 318100 (41.10%), Dly Sht % of 'sells' 58.75%

     

    Today's low, high, VWAP, trade volume, and daily short sales moved 3.44%, -25.18%, 0.10%, -33.42% and -45.87% (corrected from erroneous -46.72%) respectively. Price spread today was 4.73% vs. 44.79%, 14.26%, 31.25%, 5.76%, 8.33%, 6.47%, 11.13%, 1.90% and 5.80% prior days. Similar to prior days, an abnormal trade affected the spread. Today it was 1.9K that hit the offer of $0.1040. Removing that one trade, our high would be $0.1001 and our spread would be 0.81% and our high change would be -27.99%.

     

    On the traditional TA front, yesterday I said “just one thing: ignore that price spike and don't get suckered. We closed below both my descending resistance lines again. The oddball price fooled the full stochastic, momentum and ADX stuff, but the other oscillators said “meh!””. We today finished with a high and low narrowing and within the limits of the day before the spike. This is not a sign of the strength indicated by an apparent spike on the charts supported by rising and relatively strong volume. All the oscillators I watch switched to weakening – both the ones that were fooled and those that were in a “meh” state of mind. The majority of trades occurred almost right at my descending resistance which is at ~$0.093 AFAICT. No suggestion of bullish sentiment here.

     

    The average of the lowest 20 VWAPs times 80% today is $0.0805 vs. $0.0806, $0.0808, $0.0815, $0.0817, $0.0823, $0.0828, $0.0831, $0.0834 and $0.0838 on prior days. 80% of today's VWAP is $0.0798 vs. $0.0797, $0.0803, $0.0771, $0.0778, $0.0794, $0.0827, $0.0842, $0.0819 and $0.0808 on prior days. These are potential prices for the next tranche of shares to the PIPErs.

     

    It looks like the daily short sales is finally starting a leg down again after two days of failing to do so. With the daily buys percentages finally starting down, 62.5% 51.7% and today's 30%, I think we'll see a decent drop tomorrow.

     

    A little less, but not much, of the usual in the blog here.
    http://seekingalpha.co...

     

    HardToLove
    23 Jan 2014, 07:57 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    AP News:

     

    Natural gas locomotives may prove cheaper, cleaner

     

    http://apne.ws/1is4xGo

     

    "But even under the most optimistic scenario, there's no way all of that diesel will be replaced. Railroads and locomotive makers are looking primarily at ways to retrofit existing machines to burn a mix of diesel and natural gas because that will be the quickest and easiest way to adopt the new technology.

     

    Locomotive makers have not yet set the prices of their retrofit kits, but railroads expect they will be cheaper than a new locomotive costing roughly $2 million.

     

    Using both diesel and natural gas also offers some advantages over using natural gas alone. The diesel can provide the spark needed to ignite natural gas without redesigning locomotive engines, and the diesel helps provide horsepower."

     

    See also (VeRail): http://www.verail.com
    23 Jan 2014, 08:36 PM Reply Like
  • Gwp1953
    , contributor
    Comments (13) | Send Message
     
    Xtreme Power declares bankruptcy.

     

    http://cnnmon.ie/1jHfUIB <http://cnnmon.ie/1jHfXE0;
    23 Jan 2014, 11:09 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (2232) | Send Message
     
    http://bit.ly/1g78f8l

     

    Sorry... I couldn't help myself...

     

    THE ABOVE LINK IS A MUST FOR ANY AXIONISTA!!!!

     

    I need to re-edit it... but it's a start!
    24 Jan 2014, 12:59 AM Reply Like
  • User 393748
    , contributor
    Comments (439) | Send Message
     
    I found this at //jobseurope.net:

     

    Two job posting from BMW as of 1 or 2 months ago.

     

    These two job posting mention the use of more aluminum wiring and more work on 48 volt systems, and, more work on vehicle wiring harnesses.

     

    1) Development Engineer in Energy Wiring Systems of the Future

     

    The BMW Group is offering you an interesting role as a Development Engineer in the field of energy wiring systems. Your new role will be the independent development, evaluation and industrialisation of future concepts for components of the energy wiring system of the future. One focus will be new plug connectors and fuses in the high-voltage and 48V field, as well as charging sockets in accordance with international standards. Another area of focus will be in sustainable CO2 reduction by expanding lightweight construction in the energy wiring system through the increased use of aluminium.... and;

     

    2) Development Engineer in Wiring Harness Geometry

     

    The BMW Group is offering an interesting and responsible role as a Development Engineer in the field of the vehicle“s physical on-board wiring system. The physical wiring system with its core, the customer-specific wiring harness, is a unique product. For reasons of cost and weight, the wiring harness is configured and manufactured, individually for each customer, from a wide range of modular components. The physical wiring system is the basis for future product and technology innovation, through which new requirements emerge. As part of your new role, you will have shared responsibility for the development and integration of complex physical wiring systems. You will develop innovative solution concepts with the development suppliers, while considering the technical requirements. The focus here will be on the functional design and partitioning of the wiring harness and electrical components, while considering the technical specifications and legal provisions for high voltage.
    24 Jan 2014, 02:04 AM Reply Like
  • Occam's_Razor
    , contributor
    Comments (2232) | Send Message
     
    Hi again everyone!!! This is my fully edited version! I promise you won't be disappointed. The process was actually quite cathartic.

     

    http://bit.ly/1eITGUG

     

    If you feel I captured the past two years of Hell with this video... please give me a "like" on YouTube and below here. Thanks!
    24 Jan 2014, 02:28 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Fantastic O.R.!

     

    You haven't moonlighted on SNL have you? If not, you may have missed a lucrative calling!

     

    HardToLove
    24 Jan 2014, 07:39 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Occam,
    That was hilarious. Yes, you summed up some frustrations.
    24 Jan 2014, 08:38 AM Reply Like
  • thotdoc
    , contributor
    Comments (1958) | Send Message
     
    WOW!!

     

    That is fabulous. Thank you for making my morning. I woke my wife up with my laughter.
    24 Jan 2014, 09:08 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Hilarious!
    24 Jan 2014, 09:22 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    OR,

     

    That was absolutely Priceless!!

     

    Thanks,

     

    RBrun357
    24 Jan 2014, 09:47 AM Reply Like
  • LT
    , contributor
    Comments (5783) | Send Message
     
    I will have to say, that is the best yet ! Thanks!
    24 Jan 2014, 09:50 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1292) | Send Message
     
    I especially liked the "Petersen stays" line.

     

    BTW, if anyone hasn't seen the movie "Downfall" that that clip came from, it is a must see--best acting job I have ever seen.
    24 Jan 2014, 10:29 AM Reply Like
  • Bill Burtchaell
    , contributor
    Comments (413) | Send Message
     
    Occam_Raz, Bravo! you condensed much Axionista, painful historical info into a very funny production. I loved the "we could be sued" and the German officer loosens his collar!
    24 Jan 2014, 10:33 AM Reply Like
  • alsobirdman
    , contributor
    Comments (433) | Send Message
     
    OMG, that is hilarious. I was laughing so hard, and my wife kept saying, "that stuff doesn't make any sense?". Great job!
    24 Jan 2014, 10:34 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Alsobirdman, Did you tell her that it only makes sense after years of being tested? :-I
    24 Jan 2014, 10:39 AM Reply Like
  • Bylo-
    , contributor
    Comments (426) | Send Message
     
    Bravo! Well done!
    24 Jan 2014, 12:57 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2803) | Send Message
     
    OR> Many thanks! Best laugh in a while. I wouldn't be surprised if the video link makes the rounds amongst key employees at Newcastle!

     

    The only thing I would have liked to see is a strong critical finger pointed at Axion's PR and marketing -- the lack of recent white papers, hard data, clearly making a strong case to choose PbC, website needing somebody with strong editing skills, etc.

     

    Most laughable on the website was Axion talking to itself with the mini-articles followed by the "What do you think?" link to post comments, where nobody posted any comments. Now I see they've changed it to "Ask management a question". To me it looks very bush league when any website visitor can apparently contact management directly and get a personalized response.

     

    Axion has to treat its website as a tool for closing deals! Institutional customers who hold the strings for six and seven figure deals cannot be turned off by getting the impression that Axion is bush league!!! (fuhrer shouting)
    24 Jan 2014, 01:38 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Kind of like this. Upgrading your web site to give people an easier path to find the information they desire because you're sharing lots of product information along with best uses. I guess people looking for Trojan batteries are smart enough to utilize such information. Engineers looking for a battery/capacitive hybrid just aren't dat smart.

     

    Trojan Battery revamps website

     

    http://bit.ly/19SAnZY
    24 Jan 2014, 01:48 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (2232) | Send Message
     
    HTL: I absolutely love SNL.... the classic SNL of course! In all seriousness, putting the above video captions together helped me (mentally) with dealing with my frustration with Axion Power.

     

    A little over a decade ago, when I was under significant stress flying combat sorties over an undisclosed location, my ability to find humor (wherever humor may lie) was the key to helping me get through the daily grind.

     

    I hope the video helps those of us who have been bogged down in frustration with axion, be able to see the humor.... have a good laugh (or cry) and not take life too seriously.

     

    In the end, life is just a "ride"... and the "ride" ends the same for all of us... so drink, laugh with friends, and be merry!
    24 Jan 2014, 02:10 PM Reply Like
  • User462699
    , contributor
    Comments (120) | Send Message
     
    OR,

     

    "In the end, life is just a "ride" so and the "ride" ends the same for all of us... so be merry! "

     

    Would like to give you 20 thumbs up on that!
    24 Jan 2014, 02:17 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (2232) | Send Message
     
    @ Retired Aviator: It is my sincere hope that the video finds its way to New Castle and particularly TG. It was my feeble attempt to demand accountability...
    24 Jan 2014, 02:39 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    R.A.: CPST has an ask management facility that has been weel received by all on the boards I frequent even though they promise a response "as time permits" and we often wait a couple months for responses.

     

    I don't always believe their answers ny more than I would in a CC, but it does offer a venue which has yielded some good stuff off and on.

     

    HardToLove
    24 Jan 2014, 04:38 PM Reply Like
  • bazooooka
    , contributor
    Comments (3662) | Send Message
     
    I haven't had such a good laugh in some time. Spot on =)
    24 Jan 2014, 09:09 PM Reply Like
  • bazooooka
    , contributor
    Comments (3662) | Send Message
     
    Are you suggesting that maybe TG shouldn't do the web-coding himself? =)

     

    Maybe some of the Axion employees have a young teenager who needs weekend money. But this issue has been brought up for years now (go read BangWiz old posts) so I doubt we'll see something resembling a website built by a professional anytime soon .
    24 Jan 2014, 09:17 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    "It was my feeble attempt to demand accountability..."

     

    Or at least maybe to start the CC on time and answer (or at least take) every question ... I'll leave the rest unsaid.
    25 Jan 2014, 12:18 AM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    Occam,

     

    Great video! Thanks for the work :))))
    25 Jan 2014, 01:59 PM Reply Like
  • Amouna
    , contributor
    Comments (1995) | Send Message
     
    Occam,

     

    I am sure the video will eventually reach upper management at Axion. I am willing to bet that TG is under significant stress right now to deliver because deep down he knows that the alternative is him losing the support of the BoD (read: his job) in the not so distant future...
    25 Jan 2014, 02:07 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (2232) | Send Message
     
    TG's "stress level" is the least of my worries... they need to sell some @#$% batteries, pronto. If the stock collapses, TG and Vani will not be able to bleed the Axionistas for more Bonuses...

     

    Sorry for the negativity, but I've had it with the Dog and Pony show.
    25 Jan 2014, 03:02 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    " ...If the stock collapses, TG and Vani will not be able to bleed the Axionistas for more Bonuses..."

     

    OR, The stock has already collapsed to a point where borrowing more money will be darn near impossible w/o pretty much saying goodbye to prior investors . They need to get people to see the opportunity behind their story. TG's consistent inability at fulfilling eluded to deliverables has used up all the good will Axion has had some time ago.
    25 Jan 2014, 05:55 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (2232) | Send Message
     
    iindy: I think we're making the same point... you just made it more elegantly.
    26 Jan 2014, 03:26 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    OR, I just wanted to make sure that we all understand the risks associated with their opportunities to raise added funds. This time having PIPErs hand them a contracts that just beats the current shareholders to near death is not an opportunity given we are at 9 cents and not mid twenties.

     

    So we've used up all our paper value and bounce credits. Without some "proof in the pudding" we'll most probably be putting up the last assets we have left to get any added funds.
    26 Jan 2014, 11:17 AM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >iindelco ... "Without some "proof in the pudding" we'll most probably be putting up the last assets we have left to get any added funds." With your last statement I tend agree. The next round of finance, as business stands now, will be in exchange for company. That's not to say things can't turn on a dime and prove Axion's policy of whale fishing correct but trends do seem to continue and the bait bucket is near empty.

     

    ePower is the best prospect for visibility of the invention we have. Yet, it is a member of a segment, small entrepreneurial developers, that Axion has actively shunned. How they managed to garner attention is amazing in and of itself. I still am having trouble trying to determine if current share buyers are buying dollars for a dime or pixelated pennies for that dime. All I can say is that I feel I was correct about the invention and wrong about its rollout. I'll remain a buyer of Axion when I see it get back into the $0.30's & beyond.
    26 Jan 2014, 11:52 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    DRich, I share your thoughts. I'm also convinced of the technology and it pains me to think that being early or that the advantage that true power and wealth bring will have me sitting on the sidelines watching this thing roll out talking about how right we were. Dead right.

     

    I watched Axion for a year or two before I started my involvement as an investor. I hate to say it but it was my lack of understanding of the railroad industry that had me thinking that your event of significance was becoming more probable and that Axion's fortunes would be more highly assured. How wrong I was on my timing in the RR sector.

     

    Automotive and utilities have not disappointed me at all. Takes forever and not assured. Some corporate or personal mini-c / cube sales are a possibility but will not fill the plate. ePower, I'm waiting for the data. I'm sure the technology will work but it's the cost/benefit ratio that remains to be determined. I remain excited for them but the timing leaves Axion w/ a painful gap in assuring their credibility.
    26 Jan 2014, 01:44 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >iindelco ... I, too, was so very wrong about the rails. I just KNEW the PbC was a compelling technology for locomotives. Someday it might come to pass just that way but when 2012 turned to 2013 and nothing even remotely showing of progress could be found, I am now forced to admit my friend in "the biz" was right. The BP4 is a science fair project and completely missed the 2017 switcher build cycle. I know he waited as long as he could for the same event I was waiting on. No dice. He went and bought 7 gensets.

     

    There is a slim hope Norfolk will build some of the 26 switchers it need for 2017 on the BP4 model. The list of things they aren't happy with and no sign of field trial say that hope is very slim. Best guess around these parts is that the AMPS platform will become the next rebuild/build-out winner with the big question mark of whose battery goes into it. Here's hoping the coming No