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  • carlosgaviria
    , contributor
    Comments (791) | Send Message
     
    1-0

     

    Saludos-Carlos.
    6 Jul 2014, 08:08 AM Reply Like
  • greentongue
    , contributor
    Comments (970) | Send Message
     
    Will this be "The Week of the Train" or "The Week of the Truck"?
    My guess is that they are neck-n-neck in the race to big announcements. While either will be great, which do you think is better? Both in the same week, train first or truck first?
    I would prefer one at a time. Then we have the potential of surprise news of a big Cube contract announcement.

     

    Maybe the fireworks on the 4th was just the opening salvo for July.
    6 Jul 2014, 09:28 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18883) | Send Message
     
    "Will 12-Volt Or 48-Volt Lithium-Ion Starter/Stop-Start Batteries Ever Be Ready For Prime-Time?"

     

    http://seekingalpha.co...

     

    HardToLove
    6 Jul 2014, 10:14 AM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    Probably not, but the lithium crowd will keep on pitching the idea till they're blue in the face.
    6 Jul 2014, 10:42 AM Reply Like
  • ARGE
    , contributor
    Comments (723) | Send Message
     
    IMPOERTANT UPDATE:

     

    The latest season of My Little Pony has informed me that a unicorn with wings (or was it a pegasus with a horn?)
    is an Alicorn.;-)
    6 Jul 2014, 11:54 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    ARGE, Well the NS 999 has signs of white down sloping wings and a horn. Just sayin'.

     

    And we've seen two generations so there's hope they are not yet extinct and under close supervision can be made to flourish.

     

    Put us down for your list of updates during the next season of My Little Pony! Maybe one of the writers is a closet eMotive watcher. Need signs this thing can fly!

     

    http://bit.ly/1zhZe2Y
    6 Jul 2014, 12:58 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    John, re': "The big problem with licensing that kind of segment too early is that the first license pretty well fixes your upside potential on everything that follows."

     

    You've made this point before wrt auto OEMs. Do you suspect that Axion has been approached by any OEM with respect to purchasing said license?

     

    And with respect to limiting the potential in other markets: Would it not be a simple matter to prevent details of such a licensing contract from getting out to the market?
    6 Jul 2014, 12:03 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    I have no idea whether anyone has approached Axion looking for a license, but it's my understanding that the courts take a level playing field approach when it comes to patent licenses. That makes it very hard to grant a first license on favorable terms thinking you can get a higher price from a subsequent licensee. I'm not a patent jock so I always bring in the pros for this kind of question, but I know the area is a minefield that requires extra special care and bare knuckle negotiation on the first deal or two.
    6 Jul 2014, 12:18 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    I know there's a few here into rare earths - Jack Lifton has a new article out focused on Lynas, but not entirely.

     

    http://bit.ly/1zhUlXE
    6 Jul 2014, 12:22 PM Reply Like
  • Shirleyr
    , contributor
    Comments (122) | Send Message
     
    Thanks for the article. Very interesting. I bought MCP at the depressed price because of the management's background. Mine is in finance also.
    7 Jul 2014, 03:15 PM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    Shirley,

     

    Since your background is in finance I thought I would let you know that I heard a rumor there is a CFO position open with Axion!! ;-))

     

    Just saying!
    7 Jul 2014, 05:41 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    RBrun, Hear hear!

     

    Shirley, first practice your 5 cent manhole cover tossing skills. Unfortunately then you'd be unable to discus matters here. : -)

     

    Sorry, couldn't help myself. ;-))
    7 Jul 2014, 05:54 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    I know how you feel.
    7 Jul 2014, 06:18 PM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    A new CFO by the end of May!

     

    I am wondering how much longer the attorneys and whomever need in order to negotiate the final agreement so they can make the announcement!

     

    This one issue has surfaced to the top for me. This CFO hire is the one thing that I believe is in some form of control of Axion (or should be) and not subject to NDA's and the such. I wish TG would have said something like by the end of 2015 if he was not absolutely positive about the status of this project! Since he said by the end of May, silly me seems to want to believe that by the end of May we would have been informed about our new CFO.

     

    Ok, take a few extra weeks and then announce! Now we are into the 2nd week of July and I am now thinking is this going to be the same as "it won't be six months"??

     

    Until TG rebuilds his integrity and predictability skills the sellers will continue to outnumber the buyers!

     

    This is a very easy supply/demand calculation!
    7 Jul 2014, 06:22 PM Reply Like
  • Amouna
    , contributor
    Comments (1981) | Send Message
     
    RBrun,

     

    Unfortunately I think its more complex than that and Axion doesn't seem to want to be honest with us on this point. New Castle, PA is not the s**iest place to live in the US and they will have a hard time attracting talent to that place unless they pay him top dollar, which obviously ain't gonna happen at this stage.

     

    My approach going forward is to be cautious. Actions speak much louder than words. They can promise the moon, but now is the time to show the results...
    7 Jul 2014, 07:01 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (851) | Send Message
     
    Amouna,

     

    This position will appeal to candidates who have a strong background in finance/accounting/aud...

     

    The likely candidate is around 35 years of age is married with 2 young children. The candidate will have 10 plus years experience under their belts, want to make something of themselves but always have the family as their highest priority.

     

    New Castle sounds not dissimilar to its UK namesake. Not the pits but not quite the centre of the universe either. On the other hand its probably a safe area and probably a good place to raise a family.

     

    I see the problem as one of selling the job. There must be a clear path forward presented to the candidate. NDA's and veiled promises will not provide the comfort factor required. This may well be the reason we have not had the promised announcement.
    7 Jul 2014, 08:46 PM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    Amouna,

     

    I know the area pretty well as I spent the first 30 years of my life story 20 miles to the west of New Castle. I agree in theory with Albert in his assessment of the possible candidate.

     

    My "only" issue is with TG and his prediction of having the new CFO in place by the end of May. By making that statement he put a mark on everybody's expectation calendar. If TG had any grey in the obtainment of a new CFO he should not have put a date out there. I have higher expectations for CEO's and all other professional managerial persons in general.

     

    After all, you are only as good as your word!

     

    The current reality is that we shareholders have been put into a position of betting our dwindling Axion stock portfolios on the word of a person who has not been accurate on his predictions for the past few years. I continue to hold because I continue to HOPE that I am not being lied to and that the reasons for the ongoing delays is beyond Axions control of their customers!

     

    Of course in the end this belief along with $1.95 will buy me a tall cup of Starbucks Pikes Place coffee!

     

    Tick tock goes the clock!
    7 Jul 2014, 09:17 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    If I was legal counsel for a client who was considering a C-level post in a public company like Axion, I'd want to see a completed financing before advising my client to sign a contract. It's one thing for the players to agree to terms and another entirely to get a lawyer to tell his client that its OK to sign.
    7 Jul 2014, 09:20 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Looks like Axion is looking to sponsor someone from the "DREAMS" program out of Dalhousie University.

     

    "Internships; Masters scholars spend 2 to 4 months in the research facilities of one external partner. Confirmed partners and topics are:

     

    -Axion Power International Inc. (New Castle, PA, USA) – supercapacitors and battery technologies

     

    - et al"

     

    http://bit.ly/1kto5qN
    6 Jul 2014, 02:36 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    Dalhousie has a top rated battery program so its good to see Axion offering support and them taking it. Ed Buiel got his PhD there.
    6 Jul 2014, 04:29 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thanks John. I got lazy and didn't feel like researching, again, which step of Dr. Buiel's educational journey was completed there.
    6 Jul 2014, 04:57 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18883) | Send Message
     
    07/03/2014: EOD stuff partially copied from blog (up now).
    # Trds: 79, MinTrSz: 40, MaxTrSz: 20000, Vol: 170476, AvTrSz: 2158
    Min. Pr: 0.1400, Max Pr: 0.1499, VW Avg. Tr. Pr: 0.1430
    # Buys, Shares: 62 57740, VW Avg Buy Pr: 0.1458
    # Sells, Shares: 17 112736, VW Avg Sell Pr: 0.1415
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:1.95 (33.87% "buys"), DlyShts 13640 (08.00%), Dly Sht % of 'sells' 12.10%

     

    Note that of today's 79 trades 51, 64.56%, were for 100 shares, 47 of which traded at $0.1459, 2 at $0.1460 and 2 at $0.1499. There was also a small odd lot trade of 40 shares at $0.1459.

     

    Further, as noted in a thread started by Iindelco here, http://tinyurl.com/oeu..., the 374K offer (today 364K) we'd been seeing from CDEL and others was pulled, apparently after some early, 9:35 – 10:09, “fishing lures” resulted in a “normal” trade of 7K at $0.1449. My guess was this may have encouraged the big block seller to try and wait for a better price. The order was there at 10:09 and gone by 10:20.

     

    Then the action got quite curious, as first noted in a thread started here http://tinyurl.com/kal.... In summary, “normal” trading ended at 11:39 with roughly 1/7th (14.12%) of the trades being buys. We had dropped from a high of $0.1459 to $0.14 with no bottom in sight. That was twenty trades and VWAP was $0.1421.

     

    From 11:40 through the close, 48 of 59 trades were buys for 100 shares, 44 at $0.1459, followed by 2 $0.1460 and then 2 at $0.1499. Interspersed with these trades were a few at larger sizes and different prices (buy 1,500 @ $0.1459, sell 3K @ $0.1401, ...), leading up to a series of “normal” sized trades dominating in the last 15 minutes. During this 15-minute period, 35,036 shares, 20.55% of day's volume, traded at a VWAP of $0.1458, substantially above what had been seen prior to that period.

     

    At EOD we ended with roughly 1/3rd (33.87%) buys. VWAP went from $0.1421 at 11:39 to $0.1430 at EOD. The last three trades of the day were for 100, 500 and 100 shares, all buys at $0.1499.

     

    WARNING: TFH at play. I'm suspecting ... I believe the action we are seeing is related to the TFH theory. Recall many months back I noted the MMs had moved the market where they wanted it to be and we would see some ... I forget what but I remember it happened.

     

    Our “outliers” were already mentioned above – the three buys at the close at $0.1499 totaling 700 shares. The next lower price was a single 2K buy at $0.1475 and then the $0.1460/$0.1459 buys, which had some volume.

     

    Yesterday I noted something was changing here. Today seems to confirm that. It looks to me like “they” are trying to move the market above $0.15, at which time I expect selling to come back in.

     

    On the following keep in mind the odd trading described above.

     

    The larger trades (>= 15K) occurred on 3 of the 79 trades, 3.80%. These 52,900 shares were 31.03% of day's volume, and traded at a VWAP of $0.1423. 1 of the larger trades, ...

     

    The other 76 trades, 96.20% of the day's trades, traded 117576 shares, 68.97% of the days volume. The VWAP was $0.1433. 61 trades, 80.26%, ...

     

    The usual, and a wee bit extra TFH fodder, is in the blog here.
    http://seekingalpha.co...

     

    HardToLove
    6 Jul 2014, 04:11 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    The 100 share trades look like folks trying to game the reverse split assuming that the board wil stick with the round lot preservation provisions. That's risky business in my estimation because the higher the incidence of gamesmanship the higher the risk that it will be recognized and prevented.
    6 Jul 2014, 07:01 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    It should have never been allowed. Why would anyone open that door for a penny stock?

     

    Oh, but we have an ex CFO on the BOD that was worth a bonus after he signed up for the PIPE.

     

    Sorry but this is just sad...Again.

     

    I know that it's just a distraction, but what the heck. How long do we have to wait while we get more signs of IDGAFAY.

     

    *The translation is obvious and vulgar.*
    6 Jul 2014, 10:36 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    There are sound reasons for special rounding of small positions in connection with a reverse split. Firstly it's difficult for odd lot holders to trade. Moreover, every stockholder on the books is a cost center. Special rounding can help you avoid a situation where you have hundreds of holders who collectively represent a large annual sunk cost. It only becomes a problem if people try to game the system. Then it's up to the board and legal counsel to take appropriate remedial action.
    7 Jul 2014, 05:17 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1944) | Send Message
     
    I don't expect another NS 999 "rollout". They aren't going to call in all the politicians and cameras to say, the first powertrain failed, and here is the second.

     

    I do expect, however, that we will get photos, videos, and plenty of chatter about the NS 999 as it goes through testing, as well as information from NSC about the hybrid OTR locomotive very soon.
    7 Jul 2014, 07:19 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1944) | Send Message
     
    What I continue to hope for is another PowerCube sale, to a different customer, for more megawatts. Two points make a line, but three points make a trend.

     

    Also: This is ground control to OEMs. Can you hear me Dr. Reithofer?
    7 Jul 2014, 07:21 AM Reply Like
  • astallings
    , contributor
    Comments (12) | Send Message
     
    Fresh shot of NS 999
    http://bit.ly/1olJ9Sx
    7 Jul 2014, 09:14 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Thanks astallings!
    7 Jul 2014, 09:17 AM Reply Like
  • AWOL ENGINEER
    , contributor
    Comments (72) | Send Message
     
    When I showed that picture to my wife she got so excited she went into labor! We even got stopped at a train on the way to the hospital.. It wasn't the 999.

     

    At least when the doctor promises delivery in 9 months it happens!
    7 Jul 2014, 10:28 AM Reply Like
  • astallings
    , contributor
    Comments (12) | Send Message
     
    Congratulations! Boy or girl? Hoping this stock will pay for the education some day!
    8 Jul 2014, 06:53 AM Reply Like
  • mrholty
    , contributor
    Comments (1129) | Send Message
     
    Congrats. After taking my three little boys camping over a long weekend its the greatest joy and hardest work you will ever have.

     

    (Father of a 4, 2 and 1 year old).
    8 Jul 2014, 10:40 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    May I suggest?
    Start with t-ball. For defense: you hit the ball, put the oldest at 60 ft, the next at 90 and the youngest at 120. They each get to watch the older and if gets by him, the next gets his chance.
    For batting practice, get 20 whiffle balls and give them a couple coats of duct tape. Put your son about 3-6 feet from fence with a light bat (e.g., chainlink) and toss them up for him to hit into the fence.
    May your God bless your every effort.
    Ed

     

    Chin up, mitt down!
    Eyes on the ball!
    Level swing!

     

    Best times of life :) Hot dogs, chips, ice cream anyone?!

     

    (31,29,27,26)
    8 Jul 2014, 02:21 PM Reply Like
  • JohnM121
    , contributor
    Comments (496) | Send Message
     
    Axion's problem is that PBC is an enabling technology. Once you have a high charge rate battery, a multitude of novel applications need to be envisioned, designed, prototypes, tested, and productized. This take a long time. But once a new technology starts rolling, either you're part of the steamroller, or you're part of the road.

     

    Multilink sales are (will?) be nice, Power Cubes appeal to power geeks, but trains and trucks are understandable by anyone in 30 seconds.
    7 Jul 2014, 09:29 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    If the NSC.v.ePower turtle "race" has lost its luster for your ADHD self ...

     

    how 'bout (Australian) Zinc Bromide Flowmaster Redflow (sadly, no pink sheets: RFX.AX).v.AXPW?

     

    Redflow receives change of interests notices
    Monday, July 07, 2014 by Proactive Investors

     

    http://bit.ly/1r33G0M

     

    "Redflow (ASX:RFX) non-executive chairman Howard Stack has bought 102,930 shares of the company on the market while substantial shareholder Hackett CP Nominees have increased their stake.

     

    Stack paid a total consideration of $17,076.86, or an average of $0.166 each, for the shares, which increases his total holding up to 9,682,207 shares.

     

    ...

     

    in a good position to focus on completing the transition to volume manufacture by contract manufacturer Flextronics and converting the sales pipeline to firm orders."

     

    Can a RFC be far behind?
    7 Jul 2014, 10:30 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Or if the idea of threesomes has always intrigued you ... I suppose you can throw in ZBB

     

    http://bit.ly/1j8EQMU

     

    (quick and dirty from barchar dot com ... no doubt there are better sites avail for such things)
    7 Jul 2014, 10:53 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1944) | Send Message
     
    I believe ePower news will break before NSC.
    7 Jul 2014, 12:00 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    An obvious and appropriate step.

     

    Tesla Eager to Study Stolen Model S Split in Fiery Crash

     

    http://bloom.bg/1jXH50H
    7 Jul 2014, 12:10 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I believe this was posted once but as a reminder.

     

    UltraBattery® Energy Storage: Lessons Learnt, Present Status, Future

     

    http://bit.ly/1j8WGiM
    7 Jul 2014, 12:59 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18883) | Send Message
     
    100 share buys bonanza underway again. Story at 11.

     

    HardToLove
    7 Jul 2014, 01:24 PM Reply Like
  • Ranma
    , contributor
    Comments (2332) | Send Message
     
    Didn't think my bid would fill today, but it did! Question is, where is all this selling coming from?
    7 Jul 2014, 02:17 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    History would say it's due to the NS 999 sighting. Axion has typically not gotten a boost from good news. Or it fades quickly. Anyway, not much volume so we'll see.
    7 Jul 2014, 02:21 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >Ranma ... I've wonder about that for years now. In between the large scale aberrations we have experienced, the selling pressure has never let up or, God forbid, buying pressure snuck in. If it ebbed & flowed I might see it as normal trading but it has always had a decidedly one sided flow that couldn't possibly be very profitable to do. It is a mystery to me.
    7 Jul 2014, 02:30 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1102) | Send Message
     
    "... where is all this selling coming from?"
    ---
    Ranma, FWIW, my best guess is it mostly has to do with the upcoming RS and capital raise. Most here have been hoping good news would be forthcoming before these events. But the longer we wait, the more vivid the memories of how the last capital raise didn’t go well.

     

    The consensus seems to be that TG didn’t do so good last time around, and I’m guessing the selling indicates there’s not a lot of confidence he’ll do much better this time around. So there are those who are deciding it’s prudent to either sell, or reduce their holdings, which has a certain common sense logic to it.

     

    But this strategy also entails the sizable risk of good news events propelling the pps before they have a chance to get back in. That’s a risk it seems most of us are not willing to take, including myself, so far.
    7 Jul 2014, 03:37 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    +8000 :)
    7 Jul 2014, 02:32 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Someone we thought sold out probably didn't. Now they have.
    7 Jul 2014, 02:33 PM Reply Like
  • tripleblack
    , contributor
    Comments (13579) | Send Message
     
    Could be you are right. Anyone waiting for a sign that the 999 was out of the shop (and anticipating a pop) might be discouraged early and sell.
    7 Jul 2014, 02:58 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18883) | Send Message
     
    "Strong hands" bloodied and weakened by "death of a thousand cuts"?

     

    Sounds reasonable.

     

    HardToLove
    7 Jul 2014, 03:57 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    I cannot think of a better time to be getting in and a worse time to be getting out. Call me an optimist, but we do have positive movement on three potentially significant fronts.

     

    These are not "strong hands" selling now, IMO.
    7 Jul 2014, 04:13 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1944) | Send Message
     
    Ya'll are crazy! Gonna rain PowerCubes!
    7 Jul 2014, 03:49 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Well, in that case I better smoke up!
    7 Jul 2014, 04:08 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3001) | Send Message
     
    As I wrote earlier, marketing's job is to maximize contribution:

     

    units sold * sales price - (COGS + marketing expense)

     

    Determining the price should depend on the value to the buyer. For a wholesale grid-connected entity, the $500-$1000 container can contain about 10 cents of power, or less. As both JP and I have pointed out, that is a tough sell for a diurnal cycle: 365 days @ 10 cents = $36.50 annual gross revenue. That is over a 25 year "payback" (for lack of a better word)

     

    A (good) marketer tries to identify a higher value customer. One kWh of power, bought as AA batteries, is over $100, and double that if bought in some little store in the Caribbean. If a $1000/kWh system can displace AA batteries, even if only on a monthly cycle, it has less than one year "payback". Plus avoids the huge issue of transportation, physical storage, disposal, and annoyance.

     

    Which customer is more price sensitive? Which has has the shorter sales cycle? Oh, never mind, that's marketing; we don't do that.

     

    I used 1 kWh for simple arithmetic. Some yachts have 10kWh of storage. Idling a diesel to charge via the alternator could easily use a gallon of diesel that costs $10+ overseas. Plus the noise and aggravation, more frequent oil changes, etc.

     

    Is yacht maritime the saviour for Axion? No, although I did introduce Vani to the head of vessel electrification for the Navy. http://1.usa.gov/1j9oxiH (BTW, the admiral hates Li because it is too dangerous for a warship). Is consumer yachts a billion dollar market? No.

     

    Do I want to argue about this? No, again.

     

    For all the PowerCube fans: Remember my posting from the ESA meeting last year? It seemed like a dozen deep pocketed competitors all wanting 50% market shares, including folks like GE and Siemens. Still true. With all the elephants, many with strong political connections, there does not seem like a whole bunch of extraordinary space for Axion in the domestic, PUC-controlled market. Time will tell.

     

    Back to marketing. PowerCube customers are price sensitive, or price insensitive? Have short or long purchase cycles? Have immediate purchasing authority, or have 3rd party and other stakeholders with veto power? Need a lot of expensive hand holding from six-digit engineers and executives (aka marketing expense), or buy off a website?
    7 Jul 2014, 04:41 PM Reply Like
  • D-inv
    , contributor
    Comments (4576) | Send Message
     
    Success of the PbC, since it is not a drop in replacement for existing battery applications, is dependent on new product development.

     

    It seems to me I keep encountering articles of one type or another alluding to the role of small and medium size enterprises in creating jobs and new products and services. Perhaps I am misguided in thinking public disclosure (by Axion instead of Rosewater Energy Group) of PbC technical characteristics and access to PbC products by entrepreneurial individuals on less than onerous terms offers large potential for new product development. But, seldom if ever do I see anything suggesting corporate elephants (or industrial sector elephants) are productive incubators of new products. Xerox, Bell Labs, and several others are/were known for strong research and scientific achievement but not so much for product development.
    7 Jul 2014, 05:51 PM Reply Like
  • JamesBBecker
    , contributor
    Comments (464) | Send Message
     
    Rick :: I found this discussion interesting enough - I did some research on DC-DC converters. Looking through my supplier catalog, I found some that might work, but in general they were all 'isolating' converters. That is, the ground/negative of the battery could be a different terminal than the ground/negative of the output voltage. This adds quite a bit of cost for what is typically noise reduction purposes.

     

    Since the batteries aren't noisy (that I know) there is no real reason to use such a converter. That leads to a conclusion that a reasonable solution could be designed for much less money, if isolation is not needed. That means there is no current off-the-shelf low cost solution. Not that it matters much, but from a technical perspective, am I missing something?

     

    Also, typically on such a boat, what is the characteristic of the generator? 120V AC? Something else?
    7 Jul 2014, 06:10 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thanks James. Some things to think about are split bus architectures in certain apps like automotive. While batteries are certainly not noisy the devices they service can be quite a challenge. For example in a traditional 12 VDC auto application when you start the vehicle the sound system typically is delayed and things like wiper systems slow down outside of FMVSS requirements. Not a problem if you're just starting the vehicle out of traffic.

     

    Now you introduce SS or even more advanced systems. This becomes an issue when you throw in those large inductive loads like starters. Can't tolerate losing safety systems, having the sound system attenuate or having voltage transients hitting your 5 VDC digital devices. Or, uggh, microprocessors rebooting.

     

    Other things to think about are system redundancy and how devices fail. The last thing you want to do if you have a split 12/48 VDC system, as an example, is to have a device failure where you back feed 48 VDC into your 12 VDC devices.

     

    Anyway, Some food for thought. In some instances you are absolutely correct that you don't need isolation but in other instances it can be very important.
    7 Jul 2014, 07:10 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3001) | Send Message
     
    Most boats in the 30-50 foot range are primarily a 12 VDC system, some are 24 VDC. They charge with marina power, propulsion engine alternator, and some with micro-wind and solar. They may also have some inversion capability for non-critical use, such as a TV, recharging a laptop, or a power tool. Refrigeration (12VDC) is usually the biggest electric draw, and a bit of a crisis when it fails. Satellite communication is second biggest draw.

     

    If the boat is primarily in a marina and goes for day sails, the current systems work fine. It is very challenging to collect enough power from wind and solar to keep the fridge working in hot climates and keep communications (Internet) open.

     

    Hence many cruising boats need to recharge batteries using their propulsion engine alternator, which is very expensive fuel wise, and very annoying. Many cruisers spend significant time at anchor, near other boats, and idling does not make friends. Charging seriously discharged AGMs take at least six hours.

     

    If the boat has a generator, it usually 120 VAC. The most common use of a generator is for air conditioning. Long haul cruisers rarely can afford the weight and fuel of air conditioning. Of course, in the trade winds in shorts on the water is pretty nice, so a/c really isn't necessary. Tied up in a marina in Miami, it is a "necessity".

     

    The Marina Queen in Miami is not the market. Similarity, a speed boat can produce plenty of electricity, and therefore does not need a high performance battery like Axion's.
    7 Jul 2014, 09:43 PM Reply Like
  • D-inv
    , contributor
    Comments (4576) | Send Message
     
    Thx Rick.
    7 Jul 2014, 09:59 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2572) | Send Message
     
    JamesS: First, note that the PbC does not have a near-constant output voltage during discharge, unlike a typical lead-acid cell. Therefore the DC to AC output inverter has to have a variable IN/OUT voltage ratio.

     

    There are several new-ish inverter designs that are not isolated and should be cheaper per kW thruput.
    At least one of these non-isolating converters can raise and lower the battery voltage with good efficiency and lower size and weight by avoiding the typical transformer. It uses a high frequency LC resonator and adds or removes energy at different voltage amplitudes. Clever, and it should be cheaper for variable voltage shifts of +/- 50% maximum.

     

    For a 120V PbC battery string (10, 12V or 8, 16V batteries) for "household" use, it seems near ideal. Wish I could remember who makes it :-(
    8 Jul 2014, 02:24 PM Reply Like
  • D-inv
    , contributor
    Comments (4576) | Send Message
     
    "... typically on such a boat, what is the characteristic of the generator? "

     

    Rick, anyone?

     

    Follow on to JBB's question. Do pleasure boat appliances have the same voltage characteristic(s) as autos (14v - 9v IIUC)? RVs?

     

    Could use of 16v PbCs offer advantages over 12V? Ed Buiel comments over on Yaddodle boards included one indicating a 16v PbC could easily handle auto hotel loads for 10 minutes and retain ~ 0.5 the energy stored.
    7 Jul 2014, 06:23 PM Reply Like
  • User 393748
    , contributor
    Comments (439) | Send Message
     
    Yesterday, July 7, was the final day for FERC to file the required paperwork with the United States Court of Appeals for the District of Columbia Circuit regarding an en banc (full bench) review by that Court on the vacating of FERC's Order 745 on Demand Response this last May.

     

    FERC has filed all the required paperwork with the Court, and it is now for the Court to decide if there will be a rehearing of some kind.

     

    Since 1996, FERC has asked that Court for an en banc hearing only once.

     

    There are pros and cons associated with an en banc hearing. An en banc hearing can only be suggested to the Court by FERC. There is no right to an en banc hearing. Instead of an an en banc hearing, the Court could have the original three judges conduct a rehearing.

     

    En banc hearings are rare, but FERC's petition does have a couple of things going for it: 1) the stated policy objective by the US Government of doubling renewable energy and needing to put up thousands of miles of transmission lines, and 2) the benefits of another look at the question of how the statutes defining FERC's jurisdiction and authority over DR are to be interpreted.

     

    PJM, Viridity, and Walmart are listed as intervenors, and perhaps parties in this case.

     

    If there is an en banc hearing or if the case does get appealed to the US Supreme Court, then this particular issue of DR and FERC Order 745 could possibly be two or three years away from being settled.
    8 Jul 2014, 04:01 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Thanks for the follow-up, 393.
    8 Jul 2014, 04:21 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Interesting article suggesting utilities should take over ownership and servicing of inverters on home systems:

     

    http://bit.ly/1jb2GHM
    8 Jul 2014, 07:54 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    http://bit.ly/1jb3egJ

     

    “Storage is the great, fascinating story of the next 10 years in energy,” says Jan. KIUC is already using battery storage to overcome limitations of existing fossil fuel generation to handle “ramp rates,” or the speed with which intermittent cloud cover can cause solar arrays to go from low to maximum production in a matter of seconds. So far, that’s the economical limit of using batteries. The utility may try to develop some pumped hydro storage facilities, the most common energy storage technology deployed in the U.S. “What we’re looking forward to in the future,” Jan notes, “is the ability to move that solar power into other parts of the day.” But so far the technology and the costs haven’t matched up with the utility’s needs.

     

    Storage just doesn't appear to be ready yet.
    8 Jul 2014, 07:58 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18883) | Send Message
     
    07/07/2014: EOD stuff partially copied from the blog (up now).
    # Trds: 85, MinTrSz: 100, MaxTrSz: 75000, Vol: 500365, AvTrSz: 5887
    Min. Pr: 0.1350, Max Pr: 0.1600, VW Avg. Tr. Pr: 0.1379
    # Buys, Shares: 48 143165, VW Avg Buy Pr: 0.1402
    # Sells, Shares: 37 357200, VW Avg Sell Pr: 0.1369
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:2.50 (28.61% "buys"), DlyShts 176325 (35.24%), Dly Sht % of 'sells' 49.36%

     

    I had mentioned in comments recently that $0.14 was not long for this world and that stronger support might exist at $0.135, although I didn't feel it was all that strong and $0.125 was a more likely support if we get there. It looks like we'll find out soon enough. The oscillators I watch, the VWAP movements, the volume up on a VWAP down day, my newer inflection point calculations, ... all suggest a negative slope will continue for now.

     

    From 12:37 forward it appeared that another long string of 100 share buys was going to be seen, but it wasn't able to maintain. Only 28 ...

     

    Yesterday my TFH caused me to suspect that the owner of the big block to be sold is a good enough customer that his broker, who probably has a market-making arm, was chipping in to move the market up to get a better price for those shares.

     

    Today seems to discount that thought and JP's comment that some might be gaming the reverse-split seems more likely.

     

    Our “outliers” today were one buy of 200 shares for $0.16 at 9:30:17, the ninth trade of the session, and one 8K trade for $0.1491 at 11:09. I'm not sure this second is really that far “out of band” as ...

     

    Yesterday I thought it looked like “they” were trying to move the market above $0.15, at which time I expect selling to come back in. Half right and wrong. Today doesn't look like an on-going attempt to move the market up, but the sellers did, indeed, come back in. Buy percentage dropped from yesterdays 33.9%, which wasn't all that strong to start with, and the sell percentage moved from 66.1% to 72.4%. All this while VWAP dropped 3.59% and volume jumped 193.51% to ~500.4K.

     

    The larger trades (>= 15K) occurred on 9 of the 85 trades, 10.59%. These 249,600 shares were 49.88% of day's volume, and traded at a VWAP of $0.1371. 2 of the larger trades, 22.22%, ...

     

    The other 76 trades, 89.41% of the day's trades, traded 250,765 shares, 50.12% of the days volume. The VWAP was $0.1386. 46 trades, 60.53%, ...

     

    Yesterday the oscillators I watch mostly all reversed ... all but ADX related have rolled over and have down ticks of varying strengths.

     

    The price action continues pushing the lower Bollinger limit down for the fifth consecutive day. Further, the intra-day low penetrated a potential weak support at $0.14, which I didn't believe would offer any real support because it was just the extreme of some sideways trading for the most part, and we closed right on it. Today and the rest of the week should let us know.

     

    Today's low, high, VWAP, trade volume, and daily short sales moved -3.57%, 6.74%, -3.59%, 193.51% and 1192.71% respectively. Price spread today was 18.52% vs 7.07%, 5.08%, 14.29%, 7.78% vs. 1.67%, 6.60%, 6.67%, 1.93% and 2.80% on prior days.

     

    Note that if the “outlier” high of $0.16 for 200 shares is removed ...

     

    The usual is in blog here.
    http://seekingalpha.co...

     

    HardToLove
    8 Jul 2014, 08:58 AM Reply Like
  • D Lane
    , contributor
    Comments (1638) | Send Message
     
    OMG, new CEO. PR now available!

     

    http://bit.ly/1lQJRo3
    8 Jul 2014, 09:30 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3214) | Send Message
     
    Well, I and probably a lot of others suspected, and I also hoped, that the change to DiGiacinto would happen eventually. I was thinking later this year, but here we are already. Sorry to hear the proximate cause is Granville's health, but good thing Axion had a readily available backup option.

     

    Hopefully this change injects some energy into Axion's marketing/biz development and financing efforts. Based on resumes alone, DiGiacinto seems to be better qualified in those two key areas than Granville.
    8 Jul 2014, 10:25 AM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    I will add that I am optimistic that this will be good for Axion. I know that change does not always work out the way one hopes but I do believe that change is good and is necessary for continued success as long as it has been structured properly with some vision and fore-site. I believe this is one of those opportunities and TG will get another credit for selecting and grooming our new CEO.
    8 Jul 2014, 10:32 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1944) | Send Message
     
    Sad to hear that TG is not well, but this is a bullish development.
    8 Jul 2014, 10:59 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Also wishing Mr. Granville good fortune in the outcome of the challenges he faces during this transition in his life. How fitting that NSC was able to get the NS 999 out on the rails just before this announcement. Here's to hoping his smile was bigger than ours. It's a great achievement for him and his team. Bet he feels like a proud papa like AWOL engineer! :-)
    8 Jul 2014, 11:22 AM Reply Like
  • froggey77
    , contributor
    Comments (2856) | Send Message
     
    I'm busy elsewhere for a time, but stopped in to wish TG the best. Hope all comes out well.
    8 Jul 2014, 08:46 PM Reply Like
  • Amouna
    , contributor
    Comments (1981) | Send Message
     
    Wishing TG all the best in managing his health problem. Life can be sh!t sometimes...

     

    Hopefully things change a bit at Axion with a new manager in place
    8 Jul 2014, 09:35 AM Reply Like
  • Articula
    , contributor
    Comments (283) | Send Message
     
    Ugh - when John spoke of moving thru the valley of death I had no idea there would be this many downs while looking at the peak.

     

    On the flip my guess is this was a planned transition, seems odd this guy was hired 4-5 months ago only to be appointed now.

     

    I wish Tom nothing but the best and a speedy recovery.
    8 Jul 2014, 09:40 AM Reply Like
  • axion-nl
    , contributor
    Comments (184) | Send Message
     
    This not the way a new CEO has to come in... all the best to TG
    8 Jul 2014, 09:44 AM Reply Like
  • dlmca
    , contributor
    Comments (402) | Send Message
     
    Yes I wish TG the best

     

    Sure history will show he moved the company forward - and often with trials he and none of us expected

     

    I also wish out new Chair and CEO sincere best wishes. He appears imminently qualified for the job; of high moral character. Hopefully he is a real mover and shaker - we should know by this Fall.

     

    He certainly seems to have the experience and confidence of many people who know and care about Axion and PbC technology

     

    8 Jul 2014, 09:53 AM Reply Like
  • Amouna
    , contributor
    Comments (1981) | Send Message
     
    My guess also is that this transition has been in place for a while. IIRC some people mentioned when meeting TG that he appeared in little health, so maybe he has tried to move things to the best of his ability while his health issue was contained at the time.

     

    Good luck Tom.
    8 Jul 2014, 10:02 AM Reply Like
  • Masi
    , contributor
    Comments (483) | Send Message
     
    I want to wish Tom all the best and know if he puts the same energy into his recovery as he did bringing this company from a R&D stage entity to commercial concern he should do fine.

     

    I also want to thank him for bringing the company through some very rough times. Many many start-ups did not make it through the financial crisis this country and the rest of the world had to bear. His perseverance and tenacity has done Axion Power well. Tom has set the seeds for growth and progress and we hope now he gets to watch them grow into a world class company.

     

    Good health Tom Granger and Thank YOU.
    8 Jul 2014, 10:03 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Wishing Thomas Granville (TG) a complete recovery.
    8 Jul 2014, 10:23 AM Reply Like
  • D Lane
    , contributor
    Comments (1638) | Send Message
     
    I'll second that! Best wishes to TG.
    8 Jul 2014, 10:39 AM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    Very sad to hear that Mr. Granville has another challenge to address in his life. I feel certain that he will do so with great success. Good Luck TG!

     

    I imagine that most everyone will be attempting to get their heads around this change in management structure and will be desiring data to hopefully build confidence in the new Axion leader.

     

    Now would be a good time to get out your crystal ball.
    8 Jul 2014, 10:21 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1262) | Send Message
     
    Looks like the change of CEO caused at least one person to buy, but mostly no effect on price or volume. Now let's sell some batteries!
    8 Jul 2014, 10:21 AM Reply Like
  • Rick Collins
    , contributor
    Comments (32) | Send Message
     
    Best wishes Tom and good luck on your road to recovery. Thank you for your hard work in the development of this company.

     

    And good luck to the new CEO as we continue down the path toward ultimate commercial success with Axion!
    8 Jul 2014, 10:21 AM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    I spoke with Mr. Granville this morning and his health issues were only discovered recently. He's apparently been working closely with Dave DiGiacinto for several months on marketing strategies, but this transition was not planned. On balance Tom seems vey confident that Dave will do a fine job, particularly with Tom at his elbow providing all the support he can.

     

    Since I haven't met Mr. DiGiacinto I can't offer a personal assessment but most of the former air force pilots I've met through the years were a little larger than life and highly disciplined. When I factor in Mr. DiGiacinto's operational and financial markets experience, I think he's well qualified to take Axion to the next level. It's an unfortunate turn of events but it could work out well for those of us who can only observe from a distance.
    8 Jul 2014, 10:33 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1944) | Send Message
     
    Yes, Mr. DiGiacinto has several things going for him: A diverse business background, including experience in biotech and finance as well as general management and sales. Good looks, particularly for a 60? year old. West Point. Pilot. His first task at the company was marketing strategies. Love it.
    8 Jul 2014, 11:10 AM Reply Like
  • Shirleyr
    , contributor
    Comments (122) | Send Message
     
    I also wish TG a meaningful journey with his health challenge. Glad you talked to him directly, JP.

     

    It helps me understand why no CFO was hired. Reading Mr. DiGiancinto's history, he does look well-rounded in all areas of business. Being a pilot speaks volumes of his demeanor. Welcome. :0)
    8 Jul 2014, 01:03 PM Reply Like
  • froggey77
    , contributor
    Comments (2856) | Send Message
     
    Glad to hear you talked to him.
    As he signed up for three more years, it seems it is not an imminent threat. Too bad TG won't get the credit, when this goes.
    Of course if he'd quit working there we might have gotten him over here for a chat.

     

    Hopefully Me DiGiacinto is a bit more talky tho.
    8 Jul 2014, 08:54 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Perhaps this explains the CFO delay as well .

     

    Welcome to the New Sheriff in Town!

     

    I trust DD will get a better reception from us!

     

    http://bit.ly/1jbrjEi

     

    (very very very un-PC, NSFW)

     

    Did I say very? Meant ever very.

     

    Forgive me.

     

    And I implore you ... do not read the comments. About as useful as the last APC before it was edited.
    8 Jul 2014, 10:34 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    I very much agree with the above sentiment. Best of luck in your recovery Tom.
    8 Jul 2014, 10:35 AM Reply Like
  • dance621
    , contributor
    Comments (204) | Send Message
     
    Good luck TG. Sure you track this concentrator and hope the well wishing helps. Thanks for all the hard work.
    8 Jul 2014, 10:38 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    The CEO of the company has just changed gang. Sure it could be health, but it could be something else as well…. Time to watch out.
    8 Jul 2014, 10:48 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    FPA - what are your thoughts here?
    8 Jul 2014, 10:50 AM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    I spoke with my long-term friend Tom Granville this morning and we discussed his illness in detail that I'm not prepared to share. This is no time to break out the tin foil hats or create conspiracies from the ether.

     

    Unexpected transitions are hard enough without using them as one last excuse for thinly veiled character assassination.
    8 Jul 2014, 10:59 AM Reply Like
  • Ranma
    , contributor
    Comments (2332) | Send Message
     
    The transition was smooth and planned probably even from 2013. Personally I think it's a well timed handoff. I was wondering about TG's possible health since the time I saw the video with the local news station. But chose not to comment here for obvious reasons.

     

    I also wish TG the best with his health. My opinion remains that he has done a good job steering this ship and made (mostly) the right decisions given limited visibility. We have several initiatives that are likely to bear fruit, and TG deserves that credit.
    8 Jul 2014, 11:02 AM Reply Like
  • D-inv
    , contributor
    Comments (4576) | Send Message
     
    Concur, FPA, while wishing/hoping the best for Mr. Granville and particularly on health matters.

     

    Anyone else wonder about the retroactive action implied by press release today, July 8 for appointment effective July 1?
    8 Jul 2014, 11:02 AM Reply Like
  • jveal
    , contributor
    Comments (644) | Send Message
     
    D-inv,

     

    The delay in announcement lends more credibility to the idea that this was a sudden health issue. JP also assures us that it is indeed a recent health issue. It was also a shortened week because of the fourth of July.

     

    I pray that it is something that TG is able to overcome and continue to contribute to the company.
    8 Jul 2014, 11:11 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    TG is gone right after the close of the second quarter, and DiGiacinto has taken over. That is suggestive. Of course it could have been just random timing. But than again, if a performance deadline was present, it would likely have been synchronized to the end of a quarter. The presence of a deadline of that nature would be quite stressful, and stress kills. A lot of things are up in the air now. Reverse split, 100M of authorized shares, need for financing, and a changing of the guard to a financing person.
    8 Jul 2014, 11:48 AM Reply Like
  • PbC Believer
    , contributor
    Comments (258) | Send Message
     
    No CEO on the planet has ever worked harder or been more committed to a cause than Tom Granville has for Axion Power International, Inc. An 18 hour work day six days a week was routine for Tom. He has a memory for times, places and details that are a match for the best that I have ever come to meet.

     

    Get well Tom, David T. DiGiacintoe, the BoD and all of Axion will be needing your help in getting to that next level.
    8 Jul 2014, 12:31 PM Reply Like
  • tripleblack
    , contributor
    Comments (13579) | Send Message
     
    From an investor's perspective, I consider this a very bad time for a CEO change. Terrible, really. This is NOT good news, whether one is a fan of TG or not. Is he going to remain an active member of the Board of Directors?

     

    DiG's M&A experience could come in handy, given the critical agenda and timeline for events.
    8 Jul 2014, 12:58 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    Tom will remain on the board and serve as DDG's special assistant, so the transition should be far less difficult than it could be.
    8 Jul 2014, 01:11 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1944) | Send Message
     
    "No CEO on the planet has ever worked harder or been more committed to a cause than Tom Granville has for Axion Power International, Inc. An 18 hour work day six days a week was routine for Tom. He has a memory for times, places and details that are a match for the best that I have ever come to meet."

     

    The wonders never cease with you PbC Believer.
    8 Jul 2014, 01:35 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    It's an axe I must grind with my most inner me. It would be so easy to be a smart-ass right now, to give in; I just must find something better to do.

     

    whew!

     

    That was close.

     

    Patrick, your insight was timely, if not "planet-saving".
    8 Jul 2014, 02:01 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    dammitdammitdammitdamm...
    8 Jul 2014, 02:02 PM Reply Like
  • PbC Believer
    , contributor
    Comments (258) | Send Message
     
    Patrick - "I jus call em like I see em."

     

    I'm haven a hard time tho figurin out what nice thing I'd be a sayin were EM to retire this week. :-)
    8 Jul 2014, 02:23 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Unfortunately, and I say this with the deepest regret, without me here to feed you, you would probably have left last week.

     

    DNFTT.
    8 Jul 2014, 02:31 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Admittedly, I am a recovering smart-ass...

     

    re' PbC Believer's: "I'm haven a hard time tho figurin out what nice thing I'd be a sayin were EM to retire this week. :-)"

     

    PbC: Exactly what lect is this?

     

    ...but in this case, I'm just asking.
    8 Jul 2014, 02:40 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Hi Edmund!

     

    Rumor has it you're suppose to start that with

     

    "Hi, I'm Edmund, and I am" ...

     

    Don't think I've ever met a recovered smart-ass.
    8 Jul 2014, 03:03 PM Reply Like
  • PbC Believer
    , contributor
    Comments (258) | Send Message
     
    EM - My jobs done here. Changes are afoot at Axion and they deserve some time to do their thing. Keep those 'palm palms' that I gave you at the ready. :-)
    8 Jul 2014, 03:13 PM Reply Like
  • PbC Believer
    , contributor
    Comments (258) | Send Message
     
    JP - I see no purpose to any additional shareholder activism for a while so I'm checking out of this hotel and hoping, as you are, never to return - but you never know. :-)
    Be well.
    8 Jul 2014, 03:23 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    PbC Believer: What's "afoot", what's changing, isn't at Axion, so much as it is at those sites where Tom has led the team and birthed an economical product deserving of pride.

     

    "You bug me man, you really bug me."

     

    But the "waving of palm-palms", are you kidding? That was priceless, however it came about. I got this image of a huge party outside of Jerusalem! (I was an "altar boy" for many years in an earlier "life")

     

    Thanks, and good luck at your next job.

     

    Best wishes!
    8 Jul 2014, 03:28 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    wtb, I just figured my name in bold would suffice. Total lack of discipline of my part, dammit.
    Yeah, rare breed indeed.
    8 Jul 2014, 03:32 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    PbC Believer> Don't stay away too long. If you think about my responses over the last couple months I've disagreed with you on business issues and found your technical observations more than a little enlightening. I was hoping we might be able to pry a few more tidbits from your steel-trap mind before things ran their course, but I'm grateful for the lessons. This group could benefit greatly from the occasional contribution.
    8 Jul 2014, 03:37 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    I was hoping to pry even one tidbit...good grief, I've totally succumb.

     

    ;)
    8 Jul 2014, 04:00 PM Reply Like
  • Masi
    , contributor
    Comments (483) | Send Message
     
    EM, we're supposed to be encouraging people to join, not nudge them away. When one writes on a board like this, and we, not being able to see facial expressions, can sometimes take the wrong meaning of a post or even the wrong tone. I admit when pbpc first started posting I thought he was trolling but after a few more of his posts I realized it was just the way he put his questions or thoughts in writing. I think it is his name tag, "PbC believer". It kinda contradicted what seemed to be the essence of some of his earlier posts.

     

    That being said, I too hope he/she isn't gone for too long.
    8 Jul 2014, 10:10 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Unfortunately, it appears I can't shake him. He's decided to "follow" me. Feels more like he's stalking me.

     

    Anyway, the guy came, shook his finger, preached his hate, declared "my job is done" and turned his back. Yeah, we should be so lucky to have his back or have him back soon. You can take him off my back anytime.
    9 Jul 2014, 04:35 PM Reply Like
  • Ranma
    , contributor
    Comments (2332) | Send Message
     
    Further bonus: perhaps DiGianto's appointment has something to do with the upcoming financing? Perhaps he reached into his personal network.
    8 Jul 2014, 11:03 AM Reply Like
  • rupers
    , contributor
    Comments (66) | Send Message
     
    Colmen
    9 Jul 2014, 12:33 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    http://prn.to/1jbyCM2

     

    Agrion webinar that lists Axion as partner in their Energy Storage Task Force ...
    8 Jul 2014, 11:21 AM Reply Like
  • mrholty
    , contributor
    Comments (1129) | Send Message
     
    Thanks for the link Stefan.

     

    Did you or anyone try to play with the website. Many of the buttons don't seem to work for me. (This could be an issue of my own on my work computer.
    8 Jul 2014, 11:36 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Haven't played around with it that much, but Axion is listed here on the site, but not yet as a vendor.

     

    http://bit.ly/1lR8lxz

     

    http://bit.ly/1jbCkFx

     

    Apparently, information from the vendors such as case studies can be uploaded, i.e. perfect place for white papers and data on the PC at NC that led to Bysolar's purchase.

     

    Edit: This would seem to be a good way to leverage the marketing prowess and reach of Agrion.
    8 Jul 2014, 11:42 AM Reply Like
  • Masi
    , contributor
    Comments (483) | Send Message
     
    Axion needs to beef up their logo, even when I know it's there I have a hard time finding it. All thick block letters or a darker blue maybe.
    8 Jul 2014, 11:44 AM Reply Like
  • Masi
    , contributor
    Comments (483) | Send Message
     
    mrholty, same here. It seems none of the blue boxes are working yet. I didn't see any "under development" bubbles for New Jersey on the Project Map. IIRC isn't that were our first PC went?
    8 Jul 2014, 11:55 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1262) | Send Message
     
    I watched the webinar. Apparently, being on the vendor list is just a matter of paying $5k per year. For $15k per year they can get sponsor status, which gives them influence into the gridmarket website and a featured spot in the project report. Fast forward to 28:00 to see the table of benefits for the different membership categories.

     

    Axion is listed on the vendor list here http://bit.ly/1jbHAZV
    but the company description is pretty pathetic and it gives little idea of how PbC can benefit and doesn't even mention power cubes. Somebody really should fix that.
    8 Jul 2014, 12:17 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1262) | Send Message
     
    What is even more pathetic: Axion's listing on the vendor list describes their technology as "electrochemical capacitors," which I suppose is fine. However, when you go to the technology matrix to see about electrochemical capacitors, it describes them as "currently cost prohibitive." WTF?
    http://bit.ly/1jbImWQ
    8 Jul 2014, 12:21 PM Reply Like
  • froggey77
    , contributor
    Comments (2856) | Send Message
     
    NGS
    There was a bit more to that list.
    Product Type:
    electrochemical capacitors, energy solutions, lead acid batteries
    8 Jul 2014, 09:23 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    ngs, I agree, wtf. IMO, Axion is the leader in supercabatteries and should adopt the name Axion SuperCaBattery and drop every reference to the device as a simple battery. The threat is that Lithium ion is going to take over supercabattery space. Axion needs to grab that name and start putting it out there every chance they get.
    9 Jul 2014, 04:40 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Also agree that the PowerCube should have been featured prominently, possibly with mention of the strong string behavior. Like Axion PowerCubes with "CDI StrongString Technology". They do have a patent on string equalization.
    9 Jul 2014, 05:35 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Here's what one might think of the PbC as a marketing name:
    http://chzb.gr/1ndmASp
    9 Jul 2014, 05:37 AM Reply Like
  • Noahfreak
    , contributor
    Comments (41) | Send Message
     
    This technology is so awesome it sells itself, but that seems to be the only decent marketing it's had going for it up until now. I think any other CEO would have failed to keep the company alive when Granville steered it clear of the rocks, and I'm disappointed to hear that he is now in ill health and wish him a quick recovery, but I'm glad to see someone like DiGiacinto taking over the reins at this point in time. The focus now needs to be on sales and marketing, 100% full steam ahead and DD looks to be our guy to get the job done. Here's hoping anyway.
    9 Jul 2014, 09:00 AM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    So far it appears that the CEO change notice has not prompted a sell off in the stock. If this continues to be the case it could possibly have an opposite effect!

     

    Also, in the release TG stated:

     

    "It became very apparent in the last several weeks, leading up to this transition, that Dave is a natural choice to take this Company to the next level."

     

    This could be just a statement regarding Mr. D stepping up to the plate as expected or maybe something more significant! Just speculating!
    8 Jul 2014, 11:34 AM Reply Like
  • Amouna
    , contributor
    Comments (1981) | Send Message
     
    RBrun,

     

    What "significant" event do you have in mind ? A company sale? I doubt it...

     

    I think DD will try his best to get the momentum started hopefully. He seems to be an accomplished individual with the right skills. Now let's see how he can contribute to Axion's success!
    8 Jul 2014, 11:50 AM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    Amouna,

     

    I was not referring to the sale of the company in any regard. I am just very optimistic that Mr. D will bring with him a new skill set that Axion is very badly in need of in order to advance to the next level.

     

    The more I digest this event the more positive I am becoming. But then that is just me!

     

    I just read the Feb 6th press release again. To me this is a good thing!

     

    "Thomas Granville, Axion Power Chairman and CEO, commented, "Dave's unusually varied career with companies large and small, and his exposure to early-stage technology start-up companies, will be of great value to Axion Power as we further the commercialization of our products. We feel his previous experience in sales, marketing, business development and general management during his 18 years at Pfizer (1982 – 2000) will be an especially valuable asset to us at this juncture as we look at an increasing number of marketing opportunities. Dave's experience and expertise in structuring financing will also be an important asset to us. We are happy to welcome Dave to the Board."

     

    http://bit.ly/1lRetFS

     

    I have a feeling that the direction of Axion and how it is portrayed and marketed is about to change!
    8 Jul 2014, 12:19 PM Reply Like
  • RuggedDC
    , contributor
    Comments (495) | Send Message
     
    I am raising a trial balloon to suggest we adopt "DDG" as our 'affectionate' shorthand for David DiGiacinto.

     

    Every time I'm seeing "DD" my head is translating it as "due diligence". Plus, the "G" part of his last name =is= a VERY significant aspect of it, the connective "Di-" being merely 'meh'.

     

    I'm saddened to hear of Mr. Granville's new health challenge. He achieved much success at Axion with his dedication, even though his continued tenure had become contentious due to his vision always over-anticipating what slowly moving elements could deliver.

     

    I believe DDG augurs well for Axion (though he presently has a full plate of varied commitments; it will need to be seen to what extent Axion becomes the core of his focus and time).

     

    We toast to DDG, our new leader, TG, our stalwart visionary (and to his surmounting current health challenges), and to our little company that can, Axion. Hip, hip!
    8 Jul 2014, 12:28 PM Reply Like
  • mrholty
    , contributor
    Comments (1129) | Send Message
     
    First. I hope that this new chapter for Tom is successful and whatever medical issue that he has a full recovery.

     

    Only a few threads ago there was the discussion of if a new CEO was warranted. Well we now will get our answer. Privately I've thought that a change was needed if only for change. Sometimes its needed and the only people who know are the people who are there. If TG says its time then its time.

     

    Like a captain who guides the large ship across the ocean then turns over much of the control to tug captain and harbor master who have a different skill set. Both are captains but have very different jobs and skills. TG did a great job in take a science fair project to commercialization. We now need it to produce sales and with that comes a different skill set.
    8 Jul 2014, 12:45 PM Reply Like
  • tripleblack
    , contributor
    Comments (13579) | Send Message
     
    I like "DiG". It has a "work" connotation that appeals to me.
    8 Jul 2014, 01:02 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1102) | Send Message
     
    "DDG" is easier to type. ;)
    8 Jul 2014, 01:52 PM Reply Like
  • D-inv
    , contributor
    Comments (4576) | Send Message
     
    Somehow I suspect board regulars will not be confused by use of either, DDG or DiG. Both work for me at any rate.
    8 Jul 2014, 02:22 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2789) | Send Message
     
    Hi DI,
    I'm always dazed and confused anyway. :-)
    8 Jul 2014, 02:24 PM Reply Like
  • Mac325
    , contributor
    Comments (21) | Send Message
     
    The investor presentation on the Axion website has been updated. It is now showing a July 2014 date on the title page. Aside from a Bysolar project mention (slide 25), I did not notice any major changes from the previous version.

     

    8 Jul 2014, 12:17 PM Reply Like
  • mrholty
    , contributor
    Comments (1129) | Send Message
     
    Going off the top of my head.

     

    Page 4 was updated.
    The short term CFO was on the page and there was someone else as there were 5 people listed.

     

    Some cleanup of language on 24 and 25.

     

    I'd love some color on the top point of page 25
    Began Initiative with Large Off-shore Defense Contractor on
    Multiple Projects Worldwide

     

    Being able to tout a partial solution or the fact that your stuff is used at a FOB gives sales people peace of mind. The military may not be cheap but it doesn't mess around with that stuff.

     

    On page 24 there used to be comments toward working with automotive IIRC. I don't see it now. However there is clear language "Began New Initiatives with Two Major Lead–Acid Battery Manufacturers" that would be a precursor with regards to automotive.

     

    Anybody have a copy of the old version?
    8 Jul 2014, 12:25 PM Reply Like
  • JohnM121
    , contributor
    Comments (496) | Send Message
     
    If a LiOn vehicle hitting a pole causes a catastrophic file, I wonder what a missile or shell would do.
    8 Jul 2014, 03:12 PM Reply Like
  • Milo2
    , contributor
    Comments (43) | Send Message
     
    From the press release"

     

    "Mr DiGiacinto served as a pilot in the US Air Force with the rank of Captain from 1975 to 1981, and graduated from the United States Military Academy at West Point with a Bachelor of Science degree in engineering and the humanities."

     

    Not that it has any real meaning, but I don't think you join the U.S. Air Force after graduating from West Point.

     

    I wish Mr. Granville all the best in conquering his health issues.
    8 Jul 2014, 02:04 PM Reply Like
  • rupers
    , contributor
    Comments (66) | Send Message
     
    Military service academy grads can opt in for another military service. Several of my service academy classmates did upon graduation.
    9 Jul 2014, 12:35 AM Reply Like
  • Larry Meade
    , contributor
    Comments (110) | Send Message
     
    Dido.
    9 Jul 2014, 12:52 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2789) | Send Message
     
    Hi Milo,
    Nothing unusual about going to West Point to enter the Air Force, if after training for the Army air arm and seeing the advantage of the more varied opportunities for piloting. I know many retired military that transitioned during their careers (mostly latter in their careers).
    8 Jul 2014, 02:21 PM Reply Like
  • Milo2
    , contributor
    Comments (43) | Send Message
     
    Again, not that it has any bearing on anything meaningful, but I bet it is an oversight typo. Yes some will transition from one service to the other, but I know of no one who graduated from THE premier military academy in the world, West Point, which is Army, and then went directly into the Air Force. More probably he went to the Air Force Academy. But then there is a first time for everything, including Axion getting a decent contract!!

     

    I was wrong once you know, but then I found I out I was wrong. :)
    8 Jul 2014, 03:37 PM Reply Like
  • rupers
    , contributor
    Comments (66) | Send Message
     
    Milo

     

    Incorrect. Have met several West Point grads in the Air Force. Also, know of several AF Academy grads who were commissioned into the Navy or Army after graduation. Most times, it's a career field motivation. E.g., do I want to be an artillery officer or try to fly fighters; or do I want to become a nuke sub crew officer or a ground pounder/behind the desk administrator in the AF?
    9 Jul 2014, 12:39 AM Reply Like
  • Larry Meade
    , contributor
    Comments (110) | Send Message
     
    As has already be pointed our, a certain number of cadets from each academy can transfer to another service branch upon graduation.

     

    L. K. Meade
    USAF, Lt Col Retired
    9 Jul 2014, 12:57 AM Reply Like
  • WayneinOregon
    , contributor
    Comments (1102) | Send Message
     
    "Mr. Granville has signed a new 3 year employment contract to serve as special assistant and liaison to the CEO and will continue to work out of the New Castle office. He will also remain on the Board."
    ---
    I think this the main reason there's been no sell-off today. I'm terribly sorry to hear about TG's health problems, but his apparent ability to stay deeply involved is a major plus. It strikes me as somewhat of a temporary co-CEO situation, which can draw on the considerable skills of each.

     

    I'm with RBrun that this development could very well turn out to be quite positive. Just sorry it had to come about the way it did. TG, take care, get well, and do try to shorten those 18-hr. work days!
    8 Jul 2014, 02:35 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Sorry if this is rude ... but this is a business after all.

     

    Are board member's pay disclosed?

     

    My uninformed guess is a "special assistant's" contract would not necessarily require SEC disclosure. Disclosure he's leaving - yes.
    Disclosure of new salary???

     

    The new CEO salary will be disclosed ... that will be interesting w.r.t actual pay and various incentives.

     

    Some of us long term holders might have a problem if we find out we're paying anywhere close to 2 CEO salaries after all the "dilution" or whatever you choose to call it.

     

    And it's for 3 years ...

     

    Of course if the sale dam (or damn as I originally typed it) breaks big time I guess we'll be a bit more forgiving. But I'm not holding my breath on that one ...
    8 Jul 2014, 02:56 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    SEC filing with salaries/goodies is out:

     

    http://bit.ly/1lRXpQi
    8 Jul 2014, 05:24 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Trego is interim CFO.
    8 Jul 2014, 05:37 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    He must be back for personal reasons.
    8 Jul 2014, 05:45 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3214) | Send Message
     
    Thx, wtb.

     

    Resign as CEO, take a pay cut but get another 1mil options. Interesting.

     

    To me, though, the most interesting thing is Trego's "return", this time as the Interim CFO. Would like to know what the heck is going on with the permanent CFO opening.

     

    The next conf call in about 5 weeks should be another interesting one. Hope DG reveals himself, in both style and substance, to be an A player.
    8 Jul 2014, 05:45 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    Iindelco> Yesterday I observed that if I was legal counsel for a new CFO candidate I'd want to see a completed financing before my client signed a contract. Given the short fuse on Chuck Trego's agreement it's pretty obvious that he's stepping into the breach to help in a time of unexpected turmoil. The snark is inappropriate.

     

    Mr Investor> The options Tom had under his original employment agreement lapsed when he resigned that job. The new options are exactly that. The unvested old options are history.
    8 Jul 2014, 06:03 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Besides the additional salary, I hope we can assume the options will be appropriately adjusted with the reverse split?
    8 Jul 2014, 06:07 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    When the reverse split is implemented all outstanding securities will be proportionally adjusted, including the new executive options.
    8 Jul 2014, 06:11 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    John, I rescind my comment. You're right.
    8 Jul 2014, 06:12 PM Reply Like
  • tripleblack
    , contributor
    Comments (13579) | Send Message
     
    II: You will get some slams for that remark...

     

    But its funny, no lie. One I will remember.
    8 Jul 2014, 06:14 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    TB, that was part of it. But it is true that the content delivered by the message was unfair.
    8 Jul 2014, 06:21 PM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    A big part of the attitude problem that's developed over the last few months is that what started as wit and dark humor has gotten pretty mean spirited at times. I think many of us go straight to the snark without asking whether it continues to be appropriate. I'm guilty too, so it's as much a reminder for me as anybody else.

     

    I figure we're all in the same boat and it thrills me to see current and former executives stepping up to the plate to help. One director jumps into the CEO position and a second agrees to put the CFO hat back on until we can land somebody permanent. That shows some very solid commitment and merits our respect.
    8 Jul 2014, 06:30 PM Reply Like
  • D-inv
    , contributor
    Comments (4576) | Send Message
     
    "One director jumps into the CEO position and a second agrees to put the CFO hat back on until we can land somebody permanent. That shows some very solid commitment and merits our respect."

     

    Does indeed. Also interesting that the ostensible 3-year appointment of Mr. Granville allows for termination by either side on 30 days notice after one year. Appointments for both men have clear earmarks of transitional actions.

     

    Note: Initial version misspoke in stating 8k did not include compensation terms for interim CFO (when it does).
    8 Jul 2014, 06:50 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3214) | Send Message
     
    D-inv,

     

    "clear earmarks of transitional actions." Boy, there are just so many things up in the air right now with AXPW that the stk price outcomes have become even broader, IMO. Everything comes together just right and we're off to the races, finally, or these many uncertainties go south and we're back to record lows, or anywhere in between.

     

    Been a long time since I was part of an equity deal, but uncertainty was obviously never a good thing. Interim CFO. Unplanned CEO change, to a guy that might be a big improvement but has other obligations and may only be short-term. Prospective customer plans still unknown.

     

    On the other hand, the upcoming investors might be able to call more of the shots here.

     

    DG's coming out party in 5 weeks could be a biggie for retail investors. Hope he's really good.
    8 Jul 2014, 10:48 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    "DG's coming out party in 5 weeks could be a biggie for retail investors. Hope he's really good."

     

    It would be nice to turn a corner.
    8 Jul 2014, 11:02 PM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    What we need now is for TG's significant orders to finally arrive. I believe the CEO replacement will be widely accepted as a positive and if it were to be followed up with more positives we could definitely see the trend change.

     

    What are the odds that the new CEO will be able to announce something positive fairly soon and change the focus of the markets? I can not justify why but I am expecting more marketing and communication from the new guy!

     

    There I go smoking that hopium pipe again! ;-))
    8 Jul 2014, 11:22 PM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    I just remembered that TG mentioned during the last conference call that they had scheduled a ride along on the 999 in the middle of June.

     

    Since it appears that the 999 completion was delayed about one month maybe the ride along and discussions of future OTR projects and such has been set back until the middle of July?

     

    I hope that a press release can be generated by this. It is definitely in Axions best interest to start releasing some positive press releases especially with the CEO change up and the tick tock towards the RS.

     

    What I do know is that this morning when I awoke I was NOT expecting to see the press release regarding our new CEO. That wasn't even on my list of possibilities.

     

    My list of potential press releases I am waiting on include items such as a new CFO, a possible BySolar update, an ePower update, a PowerCube significant sale or even an unknown like a Cummins start/stop but definitely NOT a new CEO! But I am ok with the change and I am now looking and expecting more to come.
    8 Jul 2014, 11:50 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1944) | Send Message
     
    I don't believe he said anything about a ride-a-long. Simply that NSC and Axion were planning to meet face-to-face for a discussion about future plans.
    9 Jul 2014, 07:39 AM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    In the last call Tom said they'd scheduled an "inspection ride and review meeting" with NS in mid June.

     

    http://bit.ly/1qMoGM8

     

    There's no way to know whether the meeting happened on schedule or if everything was postponed while NS was crossing their "T"s and dotting their "I"s.

     

    The $64,000 question in my mind is how long will NS want to play with the new 999 before they talk about it. The funny thing about batteries is you can learn a lot more in the lab than you can on the rails, as long as you have an accurate duty cycle description to start with.

     

    The reason is simple. Switchers spend about 80% of their time waiting for something to do. If you have an accurate duty cycle from prior testing, something that NS collected in the fall of 2009 before it ran into battery problems, you can set up a computer simulation that works the batteries according to the prescribed duty cycle for 24 hours a day. It lets you accumulate years of yard time over a period of several months.

     

    Between the simulator NS built in Roanoke and the double redundant testing that was done at Axion and Penn State, I *think* on rail testing may be more perfunctory than many expect because they've already done years of lab simulation based on a very accurate duty cycle profile they derived prior yard tests in 2009. The bottom line is I think NS already knows what the rebuilt 999 can and cannot do, but they're unlikely to say anything until they confirm the lab testing in the rail yard.

     

    Fingers crossed.
    9 Jul 2014, 08:01 AM Reply Like
  • RuggedDC
    , contributor
    Comments (495) | Send Message
     
    I recall BOTH the face-to-face meeting AND the ride-along were to happen.
    9 Jul 2014, 08:02 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    I hope Tom gets that ride.
    9 Jul 2014, 08:06 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    I agree that you can learn more about the batteries and about strings of same on a properly-designed simulator. I also agree they know the batteries will work.

     

    But there's a world of variables between the batteries on the simulator and the batteries in a real-world locomotive. Including every nut and bolt, cable and connection, sensors and data streams and software pieces. And humans. It's tough not to be human when you are.
    9 Jul 2014, 08:35 AM Reply Like
  • John Petersen
    , contributor
    Comments (30569) | Send Message
     
    I know all about the downside of being human, but I'm hoping that the time required to confirm the lab results will be less than the one or two years many expect.
    9 Jul 2014, 09:11 AM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >JP ... I suspect that Norfolk will field test for about 6 months. Time enough to operate in widely different climate changes and in different locals to allow crews & operations people to kick the tires. All pretty normal demonstrator stuff.

     

    Now when they get around to talking about it is just wild ass guessing.
    9 Jul 2014, 09:12 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Hopefully, WT's contact keeps his ear to the ground ....
    9 Jul 2014, 09:37 AM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    Just wondering what others think about the OTR potential progress. I remember TG stating in the past that Axion and NS were working together on the 999 plus he stated that they were working "concurrently" on the OTR!

     

    I wonder what exactly was meant by "concurrently"?

     

    I am looking for opinions from you smarter than me folks. Do you think that concurrently only applies to the application of an OTR, the engineering of the OTR or possibly working on the OTR physical self? Could they have an engine already in the works or just some engineering drawings?

     

    Just killing some time while it is raining outside here!
    9 Jul 2014, 12:37 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18883) | Send Message
     
    RBrun: The gov't grant to NSC specified development of both the switcher and OTR units, apparently concurrently. So I believe that what's learned from the switcher simulations provides a foundation for the OTR development and that both projects are receiving effort concurrently.

     

    MHO,
    HardToLove
    9 Jul 2014, 12:45 PM Reply Like
  • RBrun357
    , contributor
    Comments (814) | Send Message
     
    Thanks HTL,

     

    Much appreciated
    9 Jul 2014, 01:18 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    RBrun, I could see NSC laying out a plan with key metrics and timing for the OTR loco. Also doing some battery testing given the frequencies and duty cycles would be different that the yard loco. In addition I could see computer simulations inclusive of LEADER info. from the areas in the Crescent Corridor where they will apply the technology. This should yield best practice information on how much storage they want in the consist based on the train variants they wish to run through the numerous legs of the routes where the tech makes the most sense. Also some other designs and testing of sub systems.

     

    Can't see them starting the build yet until they validate 999 for a period. I think DRich's 6 months is a good estimate. Maybe they could start some top level design and keep the storage area as battery agnostic until they finish PbC, Corvus and any other battery testing they might be doing to pick the right storage.

     

    Anyway, A ton of stuff to pull together before they get out the hammer and nails. They could easily be a few years into this already and still not be ready to start the main platform. I would imagine it's far more complex than the yard loco.

     

    Oh, and the government regs that need to be adjusted for this as well. Crossing state boarders etc. Arrgh!
    9 Jul 2014, 01:44 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >iindelco ... Norfolk mentioned that their OTR slug build program currently underway will be completed in 2017. Just a guess, but if the battery OTR is going to exist it will be included in this.

     

    It is also the year that 27 emissions compliant switchers will be in operation around the system. As of right now these are slated to be either gensets, which NSC is not shot in the arse about, or those insanely expensive single diesels, which I think are CAT. I'd like to see at least half of them totally electric ... with or without an extension cord.
    9 Jul 2014, 01:51 PM Reply Like
  • D-inv
    , contributor
    Comments (4576) | Send Message
     
    "keep the storage area as battery agnostic until they finish PbC, Corvus and any other battery testing they might be doing to pick the right storage."

     

    Could always be mistaken, but it seems to me the early May NSC slide presentation to an unidentified government agency that you found strongly suggests the PbC battery has been selected. Edmund assembled a very nice list of points made in the presentation that all pointed toward PbC. His list did not address significance of what was NOT included in the presentation -- any reference to Corvus Li-ion batteries or to hybrid diesel-battery-electric locomotives.

     

    That early May NSC presentation is the prime basis for my continued holding of any AXPW shares.
    9 Jul 2014, 02:03 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    DRich, so do you think, given the timing for this OTR slug fleet, we could pick a date for when a prototype battery OTR loco would need to be built and tested in order to support a next level test bed of 6 units?
    9 Jul 2014, 02:06 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >iindelco ... I don't know. If I have to guess it would be late 2015 into the spring of 2016. I like your optimism about 6 units for a test fleet but I think the OTR will be a onesy or twosy and require at least a year on the rails before they go build crazy. Price of oil not withstanding.
    9 Jul 2014, 02:19 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    DRich, Thanks. I was thinking early 2016 at the latest as well. I also agree that, due to the complexity of the program, that the test period will be longer. Even if it's not for reasons associated with the hardware the fine tuning of the consist to get optimal performance will take far longer I suppose. Needed for economic justification.

     

    I was thinking, what if the OTR locos shared common hardware systems at a fairly high level. Would this allow NSC to mitigate some of the risk of a larger test group. For instance if they built 6 and, heaven forbid, found out it just wasn't the right path could they redeploy batteries, drive motors and power electronics back into the slug fleet. So maybe 20-40% recovery of their investment?

     

    Just food for thought.
    9 Jul 2014, 02:29 PM Reply Like
  • Ranma
    , contributor
    Comments (2332) | Send Message
     
    The NS October 2013 update stated that the results on the NS-999 will guide work on the OTR. I hope for NS to build more switchers this year, but at the very least I expect them to order another set of batteries for the OTR after testing.
    9 Jul 2014, 02:38 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >iidelco ... If it fails testing I think the only thing that will permanently find its way to the scrap heap would be the batteries. What else could be done with the batteries?
    9 Jul 2014, 02:43 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    DRich, Sorry, I was kind of dreaming about how IF the yard loco was a success but the OTR unit didn't pan out for some technical or economic reasons there could be some recovery of assets. So redeploying some hardware from the OTR trial to the yard loco program. A stretch I know but not pure fantasy. :-I
    9 Jul 2014, 02:48 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >iindelco ... It is the OTR they are interested in ... not switchers. Beyond what NSC needs for compliance I can't see them building a fleet. They have a large number of retired equipment that would do just fine but probably could use a good start/stop system. Maybe some short line will be interested in switchers run on batteries. Interest in switchers comes from revenue or penalty.

     

    Still I'd love to see some of the old ALCO RS-1's out there running on batteries. It is my favorite diesel for style.
    9 Jul 2014, 03:09 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    If NS999 does the work they want, I can see them going well beyond 50% electric switchers. I would like to hear someone make the case against 100%. But not on the basis of one build in one month.

     

    IMO, and if the patent is any indication of direction, and obviously I think it is, they are focused on OTR. And if the NS999 batteries hold up, even if the locomotive breaks down, NS will drop a 1728-PbC SuperCaBAttery with CDI StrongString Technology order on Axion within a month and two minutes for a prototype OTR. If I was in their shoes, I'd already have the drawings drawn AND the loco located, if not stripped down for rebuild.

     

    I wonder if there is a possibility that the racking system for the OTR is planned as a simple double-down on the NS999, instead of a whole new engineering effort. That might depend on length - 79 feet is max, IIUC.

     

    As for switchers, the choice is between a standalone loco or a slug. Since the slug is cheaper and they will have diesel locos to spare for quite some time, they will likely build a few slugs at first to get better exposure to the technology - not the batteries so much as the loco as a whole. It's also the platform to test the most likely position they will occupy in a main-line consist.

     

    Diesel locos are geared lower when they go into switcher duty, and they can easily produce more power than they can use. So the slug (big concrete block, but with traction motors) puts the excess power to use. Axion's product very effectively replaces the concrete: A slug with benefits.

     

    Slugs are also cheaper and simpler to build. Downside is they don't directly help with emissions when all they replace is a slug. A slug has no emissions. I feel sure they could help their diesel "mother" save fuel, though I have no idea if that would be significant, also they would dynamic braking, and all the other systems that would need to be in place to put them on the mainline as helper locomotives could also be tested on a "slug platform".

     

    Regardless of how they use them, it's still 864 PbCs from Axion.
    9 Jul 2014, 03:17 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thanks DRich. I know you have emphasized this in the past concerning yard locos.

     

    Grew up near the ALCO plant in Auburn NY. We used to borrow their service cars when the track running by their plant was down to one train a week. Thankfully we never got surprised by a rouge delivery. Good fun and even better in that nobody ever got hurt.
    9 Jul 2014, 03:29 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    All the input to this discussion produced a lot of pleasant thoughts for me - for the first time in some time around here.

     

    I a m considering calling that TX racking company to find out if they are working on another NS job.
    9 Jul 2014, 03:34 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >iindelco ... Here is a daydream from the mythical part of the WEB for you.

     

    http://bit.ly/1nf16UZ
    9 Jul 2014, 03:36 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    Puzzle: As I understand it, the current NS999 is built on a 59-foot long GP-38. Chris Toth at NSdash9.com (http://bit.ly/1r7nBhi) identified the 65-foot SD-40 as the most likely OTR platform.

     

    The lengths are measured over the connectors. Using my avatar as a measuring stick, the battery section looks to be half of the 59. Call it 30 feet.

     

    How are heck are they going to get twice as many batteries on a slightly longer loco?
    9 Jul 2014, 03:52 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Ahhh DRich, brings back some memories for sure. The one that would go down the tracks where I grew up was however just painted a bland brown.

     

    Pennies and bottle caps on the track! Not too many pennies though because you could get candy with those.

     

    Too bad the train is too long. Can't see the caboose! Yeah they had one. ;-D
    9 Jul 2014, 03:53 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >Edmund Metcalfe ... Shear force of will.
    9 Jul 2014, 03:54 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    If it's a slug, would that help - maybe no railing and/or no walkway, so the case could be wider?
    9 Jul 2014, 03:58 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18883) | Send Message
     
    Edmund: No cab and some unused space at the back on the 999. Maybe the OTR has battery space the *whole* length?

     

    HardToLove
    9 Jul 2014, 04:10 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    That would do it, if that's doable. I would think it would be close enough to determine Yea or Nay on the double-rack idea if I had a better dimension of the actual rack. The humped portion is certainly longer than the rack, but don't know by exactly how much.
    9 Jul 2014, 04:19 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    http://bit.ly/1lUKWeu

     

    A BNSF slug that gives some decent support to the idea of end-to-end battery racks.

     

    I like the idea of the racks being designed once. Makes the NS999 switcher appear more considered and relevant to the OTR proto.
    9 Jul 2014, 04:26 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (3100) | Send Message
     
    DRich, You don't think compressive forces might also be needed?
    9 Jul 2014, 04:57 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    >EM "a slug with benefits"

     

    AXPW goes directly to the sexy in marketing ... though a little Mr Boffo-ish unclear on the concept ...

     

    http://trib.in/TVa79T

     

    http://bit.ly/TVam4R
    10 Jul 2014, 12:10 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Redflow keeps busy ... better hope those sales come through!

     

    On the other hand, that is what real companies look like, N'est pas?

     

    RedFlow appoints American sales chief
    Tuesday, July 08, 2014 by Proactive Investors

     

    http://bit.ly/1lRGaOU

     

    "The company has also agreed to the appointment of a sales general manager for the Asia Pacific region subject to final agreements being completed.

     

    A presence in Europe is currently being addressed."
    8 Jul 2014, 03:13 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    "Robson was also previously Director - Advanced Engineering Solutions in Raytheon Corporation where he has been engaged following the sale of his interests in KTech Corporation, to Raytheon in 2011.

     

    He has agreed that his annual salary will be remunerated by way of equity using VWAP pricing for the relevant period.

     

    Separately, non-executive chairman Howard Stack has further bought 97,000 shares in the company on the market.

     

    He paid a total of $19,320.68 for the shares, or an average of about $0.20 each.

     

    Stack now has a total of 9,779,207 shares."

     

    Confident or stupid?

     

    Scary when sales predictions are based on Navigant or Lux - seen that too many times before.

     

    "This will enab