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  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    APH,
    Thanks for initiating the new concentrator. They sure fill up fast anymore.
    29 May 2012, 08:09 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    We are rapidly closing on a cumulative total of 20,000 comments. My unofficial tally stands at 19,628 at this moment. If recent patterns hold, I'd expect the counter to click past 20,000 on Friday at market close (4 p.m. Eastern).
    29 May 2012, 08:22 AM Reply Like
  • LabTech
    , contributor
    Comments (1779) | Send Message
     
    Do we win an all expenses paid trip to the stockholder's meeting if we make the 20,000th comment??? ;-)
    29 May 2012, 09:32 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    LabTech, If that were the case You'd probably go from 19999 to 20100 pretty fast. Might cause a server crash. :))
    29 May 2012, 11:10 AM Reply Like
  • Articula
    , contributor
    Comments (254) | Send Message
     
    Looks like a slow comment day. Everyone must have holiday hangover! Or maybe heatstroke - man it was hot out - 97 in Chicago!
    29 May 2012, 11:44 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    I think it was only 150 at North Ave Beach, lol.

     

    shhhh...liking today's stealth move up...don't wanna wake the sellers...hey, where are they, anyway?
    29 May 2012, 12:16 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    I keep hoping that they're staring at the *E* on their fuel gauge, but I won't get my hopes up just yet.
    29 May 2012, 12:20 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    Me either, and maybe why no one's stepping past 37 cents--yet. Could be as simple as a couple sellers are still on vacation.
    29 May 2012, 12:29 PM Reply Like
  • CO3
    , contributor
    Comments (251) | Send Message
     
    All the action is on John's newest article,
    Same crew, louder protests.

     

    http://seekingalpha.co...
    29 May 2012, 12:38 PM Reply Like
  • jakurtz
    , contributor
    Comments (1957) | Send Message
     
    It is a fun article because it is comprised of more mainstream articles written on some of the major themes JP has spoken on for the past several years. Themes the mainstream has been slow to recognize but have been forced to a little more each day.
    29 May 2012, 12:42 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    It's also drawn big readership. Between 7:30 and Noon there were 4,100 page views which is heavy even for me.
    29 May 2012, 12:52 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Make that 5,100 at 1 p.m.
    29 May 2012, 01:09 PM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    John, you are honey attracting evzealots from all around the virtual green universe. Look at how often we see new identities (and yes, I actually believe many of them are really new readers drawn to SA for the first time).

     

    It is your clarity, simple language, and carefully parsed logic which sets their gossamer moonbeam wings afire. They exist in a universe of blurred edges, fuzzy math, and certainty of their own view as the One True Path.

     

    You are the heretic that shines laser bright light into the shadows which must conceal... Like Frank Herbert's masterwork, Dune, you are their own, personal, kwisatz haderach moment, when reality brings their comforting illusions crashing to the ground:

     

    http://bit.ly/LbGVlg
    29 May 2012, 01:24 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Many thanks for the smile trip. I needed that after all the verbal abuse I've taken today.
    29 May 2012, 01:28 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    Shucks John, I thought verbal abuse is what you eat for breakfast. Along with thunder. ;)
    29 May 2012, 02:10 PM Reply Like
  • dastar
    , contributor
    Comments (286) | Send Message
     
    I ran across this pic today, it made me think of John (the glasses help as well). :)

     

    http://bit.ly/JMKFto
    29 May 2012, 02:14 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    LoL! I love it Dastar!

     

    HardToLove
    29 May 2012, 02:16 PM Reply Like
  • magounsq
    , contributor
    Comments (992) | Send Message
     
    WOW...posted today...96 comments...JP must have got the trolls worked up again!...;-)
    29 May 2012, 02:50 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    That's wonderful!
    29 May 2012, 03:26 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    6,600 page views at 3 p.m.

     

    I must have gone viral.
    29 May 2012, 03:26 PM Reply Like
  • DRich
    , contributor
    Comments (4727) | Send Message
     
    >JP ... I have noticed the quality of "hate" is failing to come up to the previous norms. Quotes like

     

    "Even if my "beliefs", as you say, are based on PR pablum, at least I didn't fabricate them."

     

    are simply precious.
    29 May 2012, 03:39 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2658) | Send Message
     
    Need to get that JP remix ready ...
    29 May 2012, 03:46 PM Reply Like
  • jakurtz
    , contributor
    Comments (1957) | Send Message
     
    What is fascinating is the amount of personal attacks on him. Apparently, few if any of the responders actually read the linked to articles and instead resort to just simply attacking JP as negative and pessimistic rather than discussing the issues at hand. Which is that EV's and lithium-ion batteries are not good investments over the next few years at least and that other technologies will be far more effective in dealing with our consumption of oil and energy over the next decade.
    29 May 2012, 03:48 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Congrats, John! Everytime I come back to your article, there's 25 or 35 new comments...I can't keep up!
    29 May 2012, 03:52 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Reading comments like the ones I've gotten today only make me appreciate the Axionistas more. The EVangelicals really are lighter than a popcorn fart.
    29 May 2012, 03:59 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    You were a rare exception jakurtz. Most commenters don't want to learn, they simply want to vent.
    29 May 2012, 04:00 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    I wish I didn't have to, but every once in a while I hit a nerve. Today was one of those days.
    29 May 2012, 04:01 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2265) | Send Message
     
    JP: As long as they spell your name right! :-)
    29 May 2012, 04:51 PM Reply Like
  • LabTech
    , contributor
    Comments (1779) | Send Message
     
    Actually, kind of looks like TG on steroids...oh, and in glasses too! :-)
    29 May 2012, 05:13 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1199) | Send Message
     
    give 'em hell JP.
    29 May 2012, 05:32 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1199) | Send Message
     
    " I could explain it to you but I could never understand it for you and you don't strike me as the type who wants to exert the necessary mental effort to understand anything. So I trust you'll forgive me for passing on the opportunity." i am stealing this. true of too many unfortunately.
    29 May 2012, 05:43 PM Reply Like
  • magounsq
    , contributor
    Comments (992) | Send Message
     
    JP...agreed...
    "...appreciate the Axionistas..."

     

    A breath of fresh air here after reading some of your "favs" vent!
    30 May 2012, 01:58 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    I wouldn't mind if they presented facts, but warmed over statements of beliefs based in press releases are just boring. At least you guys know how to raise a challenge, drill down for answers, and not let go until the answers are clear.
    30 May 2012, 02:32 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Careful John, No acting out.

     

    http://bit.ly/N0vils
    31 May 2012, 09:22 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    Well my wife literally passed out 3x yesterday. Thought doing gardening in morning was best. Wrong...Had to call 911.... So i think she learned a lesson. I did!!!

     

    Too hot in NY to do anything yet i have a High School Playoff softball game to do at 4pm.. Not looking forward to wearing long pants made of polyester...YUK..

     

    MAP
    29 May 2012, 12:44 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Here's hoping she just had a temporary heat exhaustion and recovers well.

     

    As for you, get a water-soaked damp rag around your neck (and refresh it frequently) or one of snazzy neck coolers packed with ice - it'll help a lot.

     

    HardToLove
    29 May 2012, 01:10 PM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    Hydration, hydration, hydration...

     

    I hope your lady recovers fully. And YOU be careful!
    29 May 2012, 01:26 PM Reply Like
  • LabTech
    , contributor
    Comments (1779) | Send Message
     
    Oh, and don't forget to eat bananas. I was working in my garden all day Saturday in the heat. Went to pull my work clothes off and both legs went into Charlie-horses. Not fun! I was hydrating but not replacing the potassium. Need to do both.
    29 May 2012, 05:16 PM Reply Like
  • 43933
    , contributor
    Comments (13) | Send Message
     
    Anyone heard anything about Graphene sensors/electrodes incorporated into Li batteries that allows them to have 10x the charge density and be charged 10x faster? If this is real, it could cause worries here.
    29 May 2012, 12:50 PM Reply Like
  • jakurtz
    , contributor
    Comments (1957) | Send Message
     
    There has been a substantial amount of talk on it. I believe our resident expert is Drich. Most feel it is over 10 years away.
    29 May 2012, 01:03 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2248) | Send Message
     
    Think expensive beyond belief as of now.
    29 May 2012, 01:07 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    People always talk about fast charging as if it might happen. It takes about 8 hours to charge a Leaf on a 220 volt current. For the batteries to charge 10 times faster, you'd need a 2,200 volt current. That's getting off into power substation land in terms of heavy hardware.
    29 May 2012, 01:12 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Would it be safe to assume that battery heat dissipation might be an issue in that scenario? :-))

     

    HardToLove
    29 May 2012, 01:17 PM Reply Like
  • DRich
    , contributor
    Comments (4727) | Send Message
     
    >jakurtz ... It looks more like 2030 before graphene batteries make a debut as a commodity item (still expensive) but by 2020-25 you might see them in your high-end cellphone or tablet. Watch for tin-graphene & nickel-graphene. The 2 most promising developments at the moment (subject to change at any second).
    29 May 2012, 01:29 PM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    Most of these concepts are based upon exotic nanomaterial technology where cost is measured in millions of dollars per gram, and the technology curve is a single dot plotted on a 3 decade chart.

     

    Of course as a science fiction fan I find the concepts grist for my mill, but I don't invest in them...

     

    I like to dream that I will live long enough to buy into such an IPO, but the reality is that I just won't make it. Maybe my grandchildren will...
    29 May 2012, 01:30 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    In 1992 I was issuer's counsel for the country's first carbon nanotechnology IPO. The guys created virtual magic in the laboratory. Twenty years later you can review their most recent Form 10-Q here:

     

    http://1.usa.gov/L08l0Y

     

    When I talk about the bleeding edge of technology, I'm talking from experience.
    29 May 2012, 01:39 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    It might be worth it to explore here a bit... let's say we have a Leaf with a 24KWh battery pack... let's say it is discharged to 50%... so it needs 12KWh of effective energy put back into it... let's say the charging is overall 75% efficient... so 16KWh is what needs to come out of the wall... let's say we want to do that in 2 hours... so 8000 Watts for 2 hours is what's needed... at 220 Volts, let's call that 40 amps.. which is a pretty big circuit--equivalent to an electric range, or dryer, or water heater running full tilt for a solid 2 hours.. Now, if you wanted to charge in 1/2 an hour?... you'd need 4 times that current or ~160 amps... which is close to the full capacity of a modern house's service...(to say nothing of the pole or neighborhood transformer, which won't be happy at all if more than a couple of people want to do this)... basically, true quick-charging ain't ever gonna happen at home. Not no way, not no how.
    29 May 2012, 02:02 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    very safe.
    29 May 2012, 02:02 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1356) | Send Message
     
    For clarity (just adding color). The highest common secondary voltage is 480v in a 3-phase configuration and is found in industrial installation. 220 volts is indeed the most common residential upper end. Beyond this are primary (substation land) voltages starting at 7200 volts and you don't need to be messing around with that! <smile>
    29 May 2012, 02:14 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2265) | Send Message
     
    >481: Unless you have a 20kWh Power Cube in the garage!
    29 May 2012, 05:40 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    "Battery behaviour: financial and sustainability considerations of prolonging battery life."

     

    http://bit.ly/MVKuAb

     

    A good LA reference document.
    29 May 2012, 01:49 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    Thanks iindelco.
    On charts I have reviewed, I had noticed that charge acceptance of some LA batteries increased initially Now I know why. I had thought it somewhat odd - now it makes sense (sort of like "exercising" muscles to increase their capacity for work) in my layman's mind.
    29 May 2012, 02:02 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    My Wells Fargo broker and I just shared a nice call. He looked at Axion (owns a little) and believes Axion will have to do a cap raise of between $10 and $14 million by the end of November.

     

    Comments welcomed and encouraged.

     

    I will be asking some cash flow projection and "rights offering" questions on June 21.
    29 May 2012, 03:50 PM Reply Like
  • jakurtz
    , contributor
    Comments (1957) | Send Message
     
    I don't completely doubt it, especially considering the revenue in Q-1. If not it will come Dec. or Jan. at the latest. I would actually like to see it at the beginning of Nov. so as to avoid the going concern in the Q-3 reports. I will have to go to my stand-by that TG has a plan and they did the raise at the beginning of this year to fund operations long enough to execute that plan.

     

    I have been waiting on some PowerCube sales in addition to NS in the first half of this year that have not come. So I am disappointed on many levels. I expect something to happen over the next couple months or I will be concerned about what the next capital raise will look like.
    29 May 2012, 04:40 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    I don't think the November-December timeframe is unreasonable because it's always better to have cash on the face of the year-end balance sheet. I'd hope that Axion's business progress between now and then will be enough to require a larger offering and a broader public distribution.
    29 May 2012, 04:43 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    And...at at higher share price than the last one.

     

    According to my cheapo trading platform (which sometimes is wrong more than right), Axion still has a little under 87,000,000 shares approved to be offered.

     

    Late November is a tricky time to pull off an offering, even though I realize the rounding up of perspective investors begins at least two months in advance.

     

    For kicks: My prediction for the announcement of the next cap raise is December 4.
    29 May 2012, 04:53 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    If biz developments are slower than expected before the offering, I would think that some Axionistas might try to get into a discounted-price offering.
    29 May 2012, 05:08 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Some already got in on the last discounted discount price offering.

     

    Now what are we gonna look for? A discount double check?
    29 May 2012, 05:26 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    lol

     

    Doesn't seem like any posters here got in on the last offering--did I miss something? (other than the offering ;^))
    29 May 2012, 05:33 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Mr Investor: Hence my broker's suggestion to inquire about a "rights offering."
    29 May 2012, 05:43 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Nope, My meaning was that some here were able to get in at a discounted price to the last offering. Actually before and after the offering but my true intent was to indicate that after the offering you could have gotten in below the PP. Not a bad entry point after such a short period of time with no really negative news to prompt the opportunity.

     

    The humor of the discount double check would be for anyone looking for a repeat. :)
    29 May 2012, 06:07 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    I was just replying to iindelco's comment which seemed to say that some Axionistas got in on the last deal. I haven't seen any posts here indicating that, though, so maybe iindelco could elaborate. Or b-slap me if I have his meaning all wrong, before this turns into "Who's On First?"

     

    Anyway, Axion didn't do a rights offering last time. I know little about them, so can't add anything about why not, and more importantly, what's up with the next financing. JP, please feel free to comment.

     

    I certainly hope for a better offering than last time, but if it's not, I would think that at least some Axionistas would not want to miss another discount. And it would seem a relatively easy deal to get in.
    29 May 2012, 06:09 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    Made me think of Aaron Rogers.
    29 May 2012, 06:15 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Mr Investor: I like speaking for anyone about as much as I like sitting on a prickly pear cactus, but I believe iindelco was referring to Axionistas "getting in" at prices "around" the 35 cent range, the price of the latest direct offering.

     

    TG stated (parapharsing) that past investors were the ones who got in on this offering. Who they are makes for good speculation.

     

    A "rights offering" would be to allow Axionistas (and all existing shareholders), who've themselves have done a damned good job supporting share pricing, have earned the right to get into a "rights offering," where present shareholders would be allowed to buy a certain percentage of their existing shares held, at a discounted rate.
    29 May 2012, 06:20 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    That was the intent in conjunction with the past and possible future price point.
    29 May 2012, 06:26 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    However, upon further mulling, with how many Axionistas there are, and how many comment here daily, I doubt there's any way that keeping a "secret price" amongst this group is achievable.

     

    Any rights offering would almost have to be for public examination prior to any shares being placed.

     

    Is a rights offering possible? Yes. Plausible. No.
    29 May 2012, 06:29 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    Pulling back a bit and looking at an overview, I believe we have a powerful community here now, and Axion may want to tap into that for some of their capital needs. Not sure how, but I sense a good opportunity.

     

    I wouldn't be surprised at all if Axionistas could invest $5-$10 mil.
    29 May 2012, 06:34 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Or...just arguing out loud with myself ;-)

     

    Living alone, I've become really good at it!
    29 May 2012, 06:36 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Maya, Just as long as you're fair and you let the other guy win once in awhile! :))
    29 May 2012, 06:39 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1199) | Send Message
     
    get a cat. they never say anything stupid.
    29 May 2012, 08:13 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    See. Nobody here can complain about the price the recent investors got in at during the last PP.

     

    Well, We can complain but not about exclusion.

     

    DDC
    30 May 2012, 11:08 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Heh! That's only because you assume they aren't the ones selling now? ;-))

     

    HardToLove
    30 May 2012, 01:18 PM Reply Like
  • thotdoc
    , contributor
    Comments (1777) | Send Message
     
    10 I wonder how he knows more that the Board
    2) If its to improve productivity, what's the problem
    29 May 2012, 04:15 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    thotdoc: Broker was merely studying the cash burn rate, doing DD for his client and himself, and then postulating what the future cash flow rate might be, based on current cash burn rates. The board knows the first part, as do we. What we don't know is the second part. The delightful Mercy Jiminez posed this kind of question during the latest CC. Based on TG's elusive reply, I'm not sure Axion leadership has future revenue projections down, either. To my knowledge, we're still in hopes and expectations -- all with very real and superior data points, as well as a slowly evolving/increasing news cycle; Norfolk, the Navy, the DOE grant, etc.

     

    As for your number two, I agree, and I'm all for expansion if we have POs in hand. But dillution is dilution. Last year, I witnessed the approval of new shares, to equal 200,000 total outstanding. We're a long way from all of those shares being placed and purchased.

     

    The key (or, at least one key) to Axion's success is a partnership with a major battery maker. Stop/start and the grid are where that potential action remains.
    29 May 2012, 04:33 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    thotdoc: Adding, and for what it's worth...I know far less than my Wells broker about these types of matters, but he came up with the same time frame I posted about 5 APCs ago about when the next cap raise will occur, independently.
    29 May 2012, 04:38 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    NS999 not in the shop yet as of 5/27.

     

    http://bit.ly/MW7aAn
    29 May 2012, 04:53 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    (AXPW): EOD:
    # Trds: 35, MinTrSz: 100, MaxTrSz: 14000, AvTrSz: 3372, Vol 118006
    Min. Pr: 0.3400, Max Pr: 0.3800, VW Avg. Trade Pr: 0.3642
    # Buys, Shares: 29 108106, VW Avg Buy Pr: 0.3647
    # Sells, Shares: 5 8900, VW Avg Sell Pr: 0.3578
    # Unkn, Shares: 1 1000, VW Avg Unk. Pr: 0.3700
    Buy:Sell 12.15:1

     

    Not a bad day.

     

    Our very short-term pattern has shifted, starting last Thursday, from lows riding the bottom with highs slowly rising to higher highs and lows.

     

    It's way early to say a trend is established, but every trend begins with the first steps.

     

    All the TA oscillators except accumulation/distribution are now curling upwards away from either oversold (none in that territory now) or away from bearish in direction (ADX and related).

     

    Volume still on the low side, as might be expected in the early phase of a turn.

     

    I had been suspecting and stating (in my insta) that I thought we might have exhausted sellers at the lower price level and that buyers might be gaining confidence that there was little downside risk at these prices.

     

    With the price spread today and the overall trend up from the opening at $0.34 to the peak at $0.38 around 14:00 and no major fall into the close (maintained $0.36 or better into the close @ $0.364), I think my "pull" scenario comes into play. It's essentially my way of thinking of JP's scenario of supply/demand and those that sold already are irrelevant.

     

    My scenario says that potential longs have started gaining confidence that downside is limited and begun slowly increasing their bids. They get up far enough, a penny or half-penny at a time, to entice the next potential "layer" of sellers to let go of a few shares.

     

    They "pull" shares into the market vs. what we had late last year and at various times this year where shares were "pushed" into the market by those wanting fast exit.

     

    Both buyers and sellers will be able to observe this behavior and it should become self-reinforcing - sellers holding out for better prices and buyers willing to bid up over time. Rinse, repeat.

     

    Everyone will get what they want initially - short-term traders get some profit, long-term investors get a great price with less apparent near-term risk.

     

    *If* this is a valid assessment of the buyer and current long sentiment, we should see this continue to where we hold above $0.37 and get to a near-term pause in the $0.40-$0.42 range.

     

    That upper range is just because we had seen such willingness to sell at that area before. *If* we exhausted those folks during the last long consolidation period, resistance should be weak and the consolidation period shorter.

     

    I don't have today's daily short report yet, but if my "pull" theory is correct we should have a percentage somewhere in the "normal" range.

     

    On my experimental charts (not posted yet) the high and WVAP have now started to pull away from the low. The trade size dropped today but if the prior pattern holds it should start to show increases over the next day or two along with a tendency for price to *not* weaken and likely continue to strengthen, albeit maybe a bit erratically.

     

    Volume should start to gradually increase if this is a correct analysis of an early trend beginning.

     

    I couldn't ask for more as the start of a long steady grind up.

     

    Still consider myself new, learning and definitely experimental,
    HardToLove
    29 May 2012, 05:16 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Daily short % 30.1. Das ist gut!

     

    HardToLove
    29 May 2012, 06:02 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Hey HTL.

     

    Even I can translate that without goofing it up! :{)
    29 May 2012, 06:11 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2658) | Send Message
     
    chuckles, from the peanut gallery!
    29 May 2012, 06:17 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Stefan, Figured that would be a good follow on!
    29 May 2012, 06:29 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    All: Heading to the local Ford Dealership tomorrow afternoon, for routine State Inspection. Any questions from the Peanut Gallery for me to pose to the Service Manager?
    29 May 2012, 06:58 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1356) | Send Message
     
    Have they started training their technicians on the SS version of the Fusion? what battery will they be using and how many? <smile>
    29 May 2012, 07:10 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    Maya,
    Is he familiar with start/stop systems and what does he hear about reliability of the systems, i.e. bmw?
    Thanks
    29 May 2012, 07:18 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Tim: Thanks. I'm definitley going to be asking some Fusion questions. Last oil change, one of the service technicians was completely unaware of what stop/start was, and that the present battery configuration was basically inept for stop/start.

     

    Betting that's changed.
    29 May 2012, 07:32 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Maya, Why don't you see if you can get a part number/mfg for the replacement battery then we can see if it's on line and get a feel for the battery specs vs the vehicle size.

     

    Thanks much for asking.
    29 May 2012, 08:13 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    iindelco: Doubt I can obtain such data. If I am correct, the 2013 S/S Fusion will be in the showrooms later this year. Highly doubtful any service manager is/has been updated, much less the mechanics.

     

    The fun part about tomorrow is not about going up to the near Burger King and getting a Whopper, reading a thick novel while the inspection takes place, but rather doing investigated sh$t.

     

    P.S. I used to like Whoppers. No more. Hopefully, I can obtain some Double Whopper info, but I doubt it. Too soon. But now, as opposed to a year ago....
    29 May 2012, 11:40 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Metro: Yep! I want to know that. Will induce conversation toward that end. Great question.

     

    All of this reminds me of the Romulan cloaking device. No one will know, until it's revealed.
    29 May 2012, 11:44 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2248) | Send Message
     
    Maya, don't forget there are about 15M warrants floating around to subtract from available shares within the 200M number. With 113.21M outstanding and roughly 15M warrants that totals 128M unavailable. Leaves roughly 72M available for capital raises. Who knows what PPS will be when a capital raise occurs? I sure don't know and I have been steadfastly been skeptical about 300-400% revenue increases YOY. I would love it if I am wrong and being overly pessimistic.
    29 May 2012, 07:10 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Thanks, bang. The warrants snuck past me. However, if the warrants are not converted, then what happens to them?

     

    I believe they can be renegotiated, though. What I am unclear of is if they are not converted, then can they be put back in the "pool."

     

    I guess what I am driving at is some uncertain, possibly frivolous equation. With 72M shares left, at what price can they produce enough capital to raise walking around money, plus increasing inventory, plus...maybe...hopefully adding another Gen 2 Line?

     

    It's all a wildly arbitrary worse case scenario to consider. Right now, 72M times...say the same price as the last cap raise, 35 cents, gives us $25.2M, minus expenses.

     

    With a cash burn rate of $2.1M per quarter, we have roughly 12 quarters left to make things really happen, that is, if we keep limping along without increasing our sales, which I do expect to occur.

     

    Again, wildly arbitrary. So arbitrary, I think I'm going to watch this t-storm roll in.
    29 May 2012, 07:30 PM Reply Like
  • bazooooka
    , contributor
    Comments (2951) | Send Message
     
    BW, What revenue numbers are you looking for? Do you think revenues will double at least? If flooded doesn't pick up and PbC is still incubating then another .35 round might be in the cards and that assumes placements participants still have an appetite after being fed twice.

     

    However, I personally think we will be above .50 pps by Winter and that should be more inline with the next round of 20M+ shares that might be let out of the coffers and the 10M+ that Axion will want to have on hand.
    29 May 2012, 08:30 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Generally warrants are time & price limited?

     

    They can be negotiated and also "induced" to cause early exercise, at usually a reduced price, to get them off the books and get some cash in the coffer.

     

    If not exercised they just expire - no back in a pool AFAIK.

     

    I guess there could be other details though.

     

    HardToLove
    29 May 2012, 10:19 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    I was going to look earlier today to see the expiration date on the ten million share block of warrants owned by DG. My recollection was that they expired this year. If true I would qualify them as short term over head resistance given the long standing "showing of the cards" of the holder and the short term capital needs of the issurer. Of coarse we are nowhere near the strike price of where the holder would convert so it's background noise.
    29 May 2012, 11:57 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2248) | Send Message
     
    I am playing the "show me the money" only as my expectations for the year - meaning I will only buy what comes in the till as the `10Q's are reported.

     

    Speculating on revenue in spite of my *official* view above I think $14M is maximum upside number. Last year they did $8M. Splitting the difference between $8M to $14M is $11M. If I had to offer my usual $5 bet I would go with $11M max. I would also guess another keep the lights on capital raise at about $.40-.50 cents per share for $12M as probable. What would make me happiest is to be stunningly wrong and woefully under estimating 2012 revenue - but I doubt it.
    29 May 2012, 11:58 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    iindelco: If I recall correctly, it's March 2013 when the Quercus Trust warrants expire.

     

    HTL: Expiration of the QT warrants I definitely need more explanation of...if they do occur. What happens to the float? What happens to the available shares Axion can raise capital with? Are those shares then added to the mix of available approved shares that can be placed for offering? Or, do they just disappear?

     

    10,000,000 shares at 75 cents between now and next March, if I am correct, is potentially another drag on the stock going parabolic.

     

    We need TG to produce a nugget. Thing is, I know/believe he has em', in his hip pocket. Damned disclosure agreements.
    30 May 2012, 01:18 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    With all the respect due to a friend I have to disagree and suggest that you're being far more bearish than circumstances warrant.

     

    Flooded battery sales in 2011 were $6.4 million with one line operating. During 2011 rehab work was begun on the second flooded line and in early 2012 the flooded battery contract was extended. It is possible that $6.4 million a year is the maximum production the flooded battery buyer can use. I think a more likely scenario is that the buyer started with a small contract in 2011 to see if Axion could perform at a minimal level with plans to increase the size of the contract in 2012. My reasoning is simple, the board would not have spent money on the second flooded line if they didn't believe the line would be put to work. In Q4 of 2011, before the rehab work was completed, Axion generated $2.6 million in flooded battery revenue from a single line, which suggests potential quarterly revenue of $5.2 million from flooded sales.

     

    In 2011, total revenue from PbC and other battery sales was $1.2 million. The known NS orders for 2012 are roughly $1.5 million. We know there are other possibilities that Tom cannot discuss.

     

    I was more surprised than most to hear Tom talk percentages in the year end conference call. I was more surprised than most to hear that Mr. Dantham mentioned potential numbers at the ESA conference. I don't believe for a minute that either of them was talking trash.

     

    I'm unwilling to venture a guess about what 2012 revenues might be, but I'll tell you flat out that I'd call $11 to $14 million a failure scenario.
    30 May 2012, 05:47 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6077) | Send Message
     
    How did you come up with the .40 to .50 cents per share figure Bang?
    30 May 2012, 06:00 AM Reply Like
  • Articula
    , contributor
    Comments (254) | Send Message
     
    What do you consider success then? Is $16M the floor or are you looking more to the $24M - $32M
    30 May 2012, 10:15 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    As I said, I'm unwilling to venture a guess at this point but I don't believe either Tom or Mr. Dantam were talking trash.
    30 May 2012, 10:29 AM Reply Like
  • Articula
    , contributor
    Comments (254) | Send Message
     
    Let's just hope it wasn't hopium. I've been investing in this company for close to 2.5 years and they've been rational for that entire time. Let's hope one comment at a YE conference doesn't doom them.
    30 May 2012, 10:37 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Time will tell, but I wasn't surprised by the more cautious tone of the Q1 call given management's tendency to minimize expectations on matters that are outside the company's control.
    30 May 2012, 10:58 AM Reply Like
  • bangwhiz
    , contributor
    Comments (2248) | Send Message
     
    "How did you come up with the .40 to .50 cents per share figure Bang?"

     

    Hopium based on what I think PPS would be if sales were 11-14M after a discount.
    30 May 2012, 12:17 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2248) | Send Message
     
    JP> I agree I am being somewhat bearish and your numbers may well come to fruition. My numbers are much lower than yours because I don't have much in the way of known business to hang my hat on. Last year there was a press release announcing the flooded battery sales with an anticipated range of 3.5M to 8.5M if I recall correctly.

     

    Q1 2012 flooded battery sales were less than Q4 2011 flooded battery sales, so ramping up the toll contract to your numbers didn't occur in Q1 2012. Q1 2012 total sales were up 66% over Q1 2011. Last year's sales were about 8M off the top of my head. If I calculate 166% of 2011 sales I get a little over 13M. Throw in NS for 475K and DOE at 150K and I get to 14M or so.

     

    Lets look at it another way. I have NO guidance on 2012 toll contract sales like I did last year. I know about NS's 475K and DOE's 150K. I don't know for certain the OTR NS loco will be 2012 or 2013. In fact, I don't even know the results yet of the field trial for the switcher so I can't even be certain the OTR will actually be built at all.

     

    In the Q1 CC TG stated any info about NS would come from NS. There is no independent collaboration of Vani's remarks at ESA. Officially I don't know what NS is going to do and I don't have any hard numbers on the toll contract that I can point to. TG reduced his revenue statement of 300-400% YOY growth later later in the year end conference call to "it may not be 300% but it would be significant."

     

    If Axion had any recurring revenue streams over any period of years to hang any numbers on it would be easier to guesstimate a revenue minimum. So I resorted to using last year's total sales and ramping it up to 14M based on Q1 revenue growth - then used last year's 8M as a floor - 14M as a ceiling and picked a number in the middle - $11M.

     

    Frankly none of these numbers are worth a damn to me because I have zero firm guidance from Axion and only two pieces of business announced this year - NS and DOE. I may be being bearish and you may be being bullish but neither one of us has any hard data to work with in MHO, so people can make up any number they like.

     

    That left me only one official position - I will add up the 10Q's as they are released and try to see if any trend is developing. Other than that I think anyone's numbers are just pure speculation - mine, your's or anyone else's.
    30 May 2012, 01:02 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Speculating, Isn't it grand?

     

    And yet if you thought we'd come in on the low end would you be here at this time? :))
    30 May 2012, 01:15 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    That's the reason I try to refrain from using any numbers. The total flooded battery sales through Q1 were just a hair over $8 million, which is what we were told to expect for the first year. The work on the second flooded line was apparently continuing at year end and I'm sure there were new negotiations for the contract extension. In the end I can't help but go back to the reality that the board wouldn't have done the upgrade work on the second flooded line if they believed it would lie idle.

     

    Vague fuzziness when you don't know is always a good plan. Predicting a number with conviction is depressing.
    30 May 2012, 01:17 PM Reply Like
  • D-inv
    , contributor
    Comments (4251) | Send Message
     
    JP > "In 2011, total revenue from PbC and other battery sales was $1.2 million. The known NS orders for 2012 are roughly $1.5 million."

     

    I'll disagree with you a bit, JP, on level of known NS orders. At the moment, I believe known PbC sales to NS are $475,000 with a further $1 million believed likely by the end of the year. Batteries for an OTR locomotive remain "a bird in the bush."

     

    Confirmation of FLA battery assembly (toll) contract in Q1 cc was welcome news. As I don't remember any revenue guidance given in regard to that extension, I prefer projecting toll contract revenues to ~ $2.6 million X 4 qtrs. or about $9.6 million. TurboStart legacy battery sales might bring in $0.5 million. NSC locomotive battery sales could boost 2012 revenues $1.5 million. Recently we were apprised of a DOE grant in amount of $150,000. All together, those estimates suggest revenues of $11.75 million without any material contribution from the new Senior Vice President for Marketing and Business Development who at minimum should close enough "new" PbC sales agreements to recover his salary, benefits, and operating budget plus a return.

     

    I think it reasonable to expect most PbC sales gains this year to emerge from rr locomotive developments (NS, others) and PowerCube sales. One very small minicube sale was announced by Axion Power in early January before Tan Dam joined the company with a marketing/business development budget I assume equals or exceeds his salary. Rosewater Energy is marketing PowerCubes independently. With PowerCubes priced around $1 million per, I will take combined efforts of Rosewater Energy and Tan Dam yielding PowerCube sales of less than $6 million as failure. And, I take sales of PbC evaluation products and engineering/design/tes... services of less than $1.5 million (including the $150k DOE grant) as failure.

     

    Really, anything less than $20 million in revenues this year will suggest to me that investing in Axion Power is analogous to standing chest deep in a septic tank buried in a field that has stopped percing.
    30 May 2012, 01:33 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2248) | Send Message
     
    JP> I have no "conviction" number on anything - not revenue, PPS or capital raise price or totals. Hence my decision to rely on 10Q's as they are released and see if any trend is emerging. In the meantime I just don't know beans.
    30 May 2012, 01:52 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    The quarterly estimate of $2.6 million in flooded sales only holds water if you honestly believe the board would spend a pile of cash when Axion was running out of cash to rehabilitate the second flooded battery line in the field of dreams hope "If we build it they will come." I know these guys and they would not have spent the money without a clearly visible use for the capacity.

     

    Beyond that I agree that PbC sales are the great unknown beyond two units for Norfolk Southern.
    30 May 2012, 02:37 PM Reply Like
  • bazooooka
    , contributor
    Comments (2951) | Send Message
     
    John, how much did they spend rehabbing the second flooded line? With money so tight I'd be amazed that they'd do this without an immediate payback.

     

    Hopefully, next quarter's report should tell the tale on the flooded outlook. I can't think Axion's strategy is to do capital raises until the PbC is widely adopted. If that's the case 2014/2015 share count would be much larger than today.
    30 May 2012, 02:47 PM Reply Like
  • bazooooka
    , contributor
    Comments (2951) | Send Message
     
    I don't see how a comment can "doom them" but I think the stock is already showing you that many didn't like the backtracking on guidance. The next raise is far enough out that TG's comment surely wasn't attempt to get the price up.

     

    There likely is some meat on that bone that was thrown are way, (if I didn't believe that that would raise management character concerns).

     

    Still it's no fun when the stock trades in the low 30's. Prices this low have only happened a dozen times or so in the years I've followed.
    30 May 2012, 02:51 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    I can't say for sure, but we probably ought to give some credit to the macro-environment for some of this price level.

     

    Might be tons of longs figuring the safe play is get to cash and tons of potential longs thinking it's better to stay in cash.

     

    I believe only a small percentage of folks are willing, nay enthusiastic, to wade through "blood in the streets".

     

    HardToLove
    30 May 2012, 02:55 PM Reply Like
  • bazooooka
    , contributor
    Comments (2951) | Send Message
     
    I don't think you should completely dismiss information from CC's. In small caps it is these tidbits that allow one an edge above and beyond "pure speculation". I agree however that information is murky at best and TG's comment, "it may not be 300% but it would be significant", is all we have to go on for now.

     

    I do hope "significant" means 100% growth otherwise why increase the flooded capacity. Now others will say that they don't give a damn about flooded sales. However, that to me is asking to asking for a lower price in the next capital raise.
    30 May 2012, 02:56 PM Reply Like
  • bazooooka
    , contributor
    Comments (2951) | Send Message
     
    iindelco,

     

    I take it that you think we might have a "significant" increase in flooded sales by your smiley faces. Otherwise we all might be averaging down our positions.
    30 May 2012, 02:59 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    The number has not been separately stated, but property, plant and equipment purchases were $1.2 million in the second half of the year (17% of the June 30th cash balance of $7.1 million) and $336.412 in the first quarter of this year.

     

    Thats a lot of cash to spend for a company like Axion to spend on plant and equipment without clear plans to put it to work.
    30 May 2012, 03:39 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Bazooooka, I really don't care that much about sales growth in commodity flooded lead acid batteries. I like that they have the contract for training purposes and to cover the fixed costs of having the factory ready to make PBC sales and for development. But looking at sales growth as a unit, for me, is a waste of time. It's all about PBC.
    30 May 2012, 03:43 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    One of the hardest things any company ever has to learn is producing quality products at scale with no defects. Accomplishing that feat requires a lot more than trained workers. The supply chain, inventory control, QC and overall system management challenges are incredibly complex and any opportunity to learn those lessons while at least breaking even is worth its weight in gold.

     

    A few months ago we saw a vivid example of A123 failing at that very task. A single mis-aligned welding machine screwed up $65 million of product and will probably push the company over the edge.

     

    I'd love to see Axion pounding out about $20 million in flooded battery revenue annually, not because it's profitable business but because it proves they have the systems in place to do it right the first time without catastrophic screw-ups.

     

    Besides, the Axionistas (The few , the proud, the anal) will focus on the quality of sales and kvetch over the ratio of flooded to PbC being too high. The unwashed masses will simply look at the top line number and go *oh wow.*
    30 May 2012, 03:53 PM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    Hmmm? Did someone mention my name?
    31 May 2012, 08:57 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Impact of car fire on BYD share price.

     

    http://reut.rs/KYtvZs
    29 May 2012, 08:23 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    In the IHT this morning, Hong Kong police said that the taxi was struck from behind while traveling at 50 mph, while the Nissan that struck the car was traveling at least 120 mph.
    30 May 2012, 05:08 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Taming the dendrites.

     

    "The reason is a stubborn problem called "dendrite formation," says Banerjee. He explains that zinc, which is used in disposable battery brands like Duracell, forms dendrites, or branch-like structures, every time a battery is charged and recharged. Those dendrites quickly build up and cause the batteries to short out.

     

    Banjeree says he and his team of engineers found a way to tame the dendrites."

     

    http://reut.rs/JNQ0R9

     

    That's a whole lotta suit cases for the target price.
    29 May 2012, 08:32 PM Reply Like
  • D Lane
    , contributor
    Comments (1425) | Send Message
     
    "But there are two obstacles limiting the success of that solution—the enormous cost and low durability of today's batteries.

     

    Now, engineers at the City University of New York's Energy Institute in Manhattan say they found a fix: a nickel-zinc battery technology that is just as cheap as short-lived, lead-acid batteries and just as long-lasting as lithium-ion batteries, one of the costliest technologies on the market.

     

    "There was a giant hole in the middle" between the top battery types, says Eric McFarland, a chemical engineering professor at the University of California, Santa Barbara and a consultant for the institute."
    --
    Great article. If I'm not mistaken, AXPW is targeting that same hole and is years ahead in development.
    30 May 2012, 10:45 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    As we look around at various stationary and motive apps in the private, public and military sectors there are holes all over the place. As JP has pointed out many times there are no silver bullets and of the possible solutions, we need them all. It's up to the engineering and financial guys to figure out the best solutions for the never ending train of applications looking to find their way to market.
    30 May 2012, 11:03 AM Reply Like
  • Articula
    , contributor
    Comments (254) | Send Message
     
    Read the last comments....Very very interesting. Are we in that stage?

     

    The Energy Institute joins a rising number of energy storage ventures hoping to capitalize on the need for more reliable renewable electricity and more efficient fossil fuel systems. In the past 12 months, storage technologies have raised $630.5 million in investments, according to Cleantech Group, a market research firm.

     

    While it's "relatively easy" to attract investment for early-stage technologies like the Energy Institute's demonstration project, however, it is much harder to secure funds for manufacturing, says Haresh Kamath, program manager for energy storage research at the nonprofit Electric Power Research Institute.

     

    "Many investors ... would rather put their money into something that doesn't require quite so much capital," such as prototypes, Kamath says. "It's very hard to get the capital that [startups] need to commercialize."
    29 May 2012, 09:23 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Concern over future capital costs was one of our big reasons for designing a PbC electrode assembly that could work as a plug and play replacement in any AGM plant. If you look at it from a capital cost perspective an electrode plant costs about a quarter of what a complete battery and electrode plant would cost, but the electrode is where the value lies. A plug and play electrode design that works with existing infrastructure can ramp far easier than one that has to have brand new infrastructure. It's also easier to partner with legacy players than it is to push them out of the way and take their customers.
    30 May 2012, 12:32 AM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Something I've never before read in any of JP's articles, or anywhere in these APCs, is that if you are somehow stuck having to buy a battery for an ICE vehicle, you have many choices of which replacement battery you may want/choose to buy. And your ICE vehicle will work.

     

    If you're stuck with any EV vehicle, you're stuck with whom the manufacturer chooses what battery to make that vehicle with, to make your vehicle run. There ARE no choices. Is this correct? Because of the battery management system?

     

    Then comes stop/start. If you are stuck with an AGM battery that continues to fail, makes the stop/start fuel savings irrelevant, does one have the ability to change out AGM battery for a better battery? That will make stop/start work, make the fuel savings some dealership, or commercial on TV said would happen, happen?

     

    Is what JCI, Exide, East Penn and others potentially considering drop in replacement with a PbC (of which any one of them can make in a partnership) of equal size such that a PbC can be "dropped in?" So that stop/start works as the buyer thought it would?

     

    What a wish to come true.
    30 May 2012, 01:46 AM Reply Like
  • LabTech
    , contributor
    Comments (1779) | Send Message
     
    Maya,
    It's always been my understand, from John's responses to questions like this, that the PbC cannot be used as a drop in replacement for a current AGM battery being used in a start-stop system. The theory is that for start-stop, like an EV, the system is designed around the battery and the BMS, and the PbC is different enough from standard AGM batteries that it can't be used as a drop in replacement. That's why Axion targets the OEMs and not the after market.
    30 May 2012, 03:21 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    While the PbC is not a drop in replacement for flooded or AGM batteries in conventional vehicles, I'm not sure how extensive the changes would need to be if you wanted to retrofit a stop-start vehicle with a PbC. You'd probably need to replace the voltage regulator and add some new computer code for the control systems, but with all the mechanical systems in place and a 16-volt PbC that was designed to fit in the original battery well, it might not be that big of a job - particularly if the automaker was looking at AGM as a bridge solution and including potential retrofits as a design consideration.

     

    I think Iindelco can offer a more authoritative view on this issue and hope he'll chime in with the opinion of somebody who knows, rather than speculates.
    30 May 2012, 03:37 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    I thought we just beat this to death a few concentrators ago. Let me see if I can go back and find the comments because a few posters pointed out areas that would need to be addressed.
    30 May 2012, 09:59 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Yeah, It's pretty fragmented but it was a topic of discussion in concentrator 102.
    30 May 2012, 10:14 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Since the topic has raised it's head again I think it's worthwhile to lay out the timing and possible impact of the 10 million Quercus warrants.

     

    The warrants expire in three tranches, because of the way Quercus invested.

     

    2,857,143 warrants expire on January 13, 2013;
    2,380,953 warrants expire on April 6, 2013; and
    4,761,905 warrants expire on June 29, 2013.

     

    The exercise price of a warrant must be paid before the underlying stock can be issued. If Quercus exercises its warrants directly, it will get restricted shares that must be held for six months before they'll be eligible for resale. Given their huge cash needs, I see no reasonable chance that Quercus will be able to write a $7.5 million check and then wait six months before it begins to recover that cash.

     

    If the stock price is high enough, Axion could file registration statement for the warrant shares, which would facilitate a back to back transaction where Quercus sells the warrant shares to somebody else and sends the first $7.5 million in proceeds to Axion. At a sub $1 stock price, such an outcome is very unlikely. As the price increases into the $1.50 range, it gets more possible. Above $1.50, it starts getting likely because there's enough of a spread for the buyers to get a modest discount to market and for Quercus to get a decent sized check.

     

    Since I don't see anything that suggests Quercus can do something directly for its own account, the only real possibility I see is a registered back to back transaction where the new investors will pay a price that's close to market and Quercus will walk away with a net check for the warrant value. Since a transaction like that will require direct and active cooperation from Axion, the odds are good that Axion will do its best to ensure that the shares are placed in strong hands.

     

    The one outcome that's not possible is that the warrant shares will end up in the hands of a holder who's willing to sell them at any price to raise needed cash.
    30 May 2012, 01:49 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Ahhhh John, Thank you so much for posting the expiration timing on the Q warrants. I was starting to look at 10Q's yesterday and got drawn away on another task. For some reason I was thinking late 2012. I think Q has to be happier with 2013 for sure.
    30 May 2012, 09:55 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    January, April and June are still pretty tight fuses, but I don't think they've given up hope and I know I haven't. I think it's tragic that Quercus was forced to sell stock at a 75% to 80% haircut from its 2008 purchase price. I really want it to make enough on the warrants to come out whole, but that would probably require a market price in the $2.00 to $2.25 range which seems a bit ambitious at this point.
    30 May 2012, 10:35 AM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    http://yhoo.it/KW4soi

     

    The gravy train just ground to a halt for the altenergy greens in Spain. This is a must-read on the topic, imo.

     

    Note the immediate flight (and abrupt string of quarterly losses and dire forward guidance) from green energy firms upon the withdrawal of long-time (and huge) government subsidies as Spain finally realizes they simply cannot afford the luxury of these drains on the national treasury.

     

    Most frightening of all to the green energy entitlement class is the prospect (horrors) that if their good friends running Spain can cut back their welfare payments, potentially ANY national leaders in Europe could do the same.

     

    What next? Will Spain seek to prop up its hugely money-losing solar/wind and renewables power grid by adding in the odd new nuke plant?

     

    There's every prospect that, if they can wait until 2013, Germany's new green government will be closing down nuke plants and Spain might be able to pick up some equipment and nuclear fuel cheap... The new Left running France is liable to do the same, even sooner, yielding a buyer's market for nuclear power over the next few years as Europe strives mightily to recapture the halycon years of the middle ages...
    30 May 2012, 09:01 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    As is often the case, idealists cast sensible moves as politically motivated. For years now Spain has had increasing grid stability problems as their renewable penetration approached 20%.

     

    Stories like this one are getting increasingly common.

     

    http://bit.ly/LTdMgW

     

    The cure, of course, would be massive storage beyond my wildest dreams of avarice. Of course that would also be massive storage beyond the planet's ability to provide the required resources.

     

    I guess there is no free lunch after all.
    30 May 2012, 10:00 AM Reply Like
  • SMaturin
    , contributor
    Comments (2302) | Send Message
     
    The quixotic venture into renewables now has Spain tilting at windmills.

     

    Who'da thought?
    30 May 2012, 10:13 AM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (746) | Send Message
     
    The annual report from EDF reveals that nuclear accounts for about 95% of power generation in France.

     

    It will be many decades before France is remotely nuke free, if ever.
    30 May 2012, 11:46 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    The French don't seem inclined to get rid of their nukes because they like stable power too much.
    30 May 2012, 11:55 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Plus with what their neighbors are up to they will be well rewarded for having a nice base load asset. Although I'd have to take a better look at their transmission lines to understand how well.
    30 May 2012, 12:32 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    I wonder what energy resource the Swiss are going to utilize to move this water back to the potential energy pond at night?

     

    http://bit.ly/MYdx6k
    30 May 2012, 01:05 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Historically 60% of our power came from hydro, 35% came from nuclear and 5% was imported, probably from France. The pumped hydro is primarily used as a way to sop up off peak nuclear and run of river hydro.

     

    While the Parliament is making noises about getting rid of the nukes, they're making noises for the 2020 time frame and beyond. Since the Swiss really have a love affair with a stable grid and every home has three phase service, I'm willing to bet that the nukes will get upgraded and replaced with better technology.
    30 May 2012, 01:21 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Wet mountainous areas provide opportunities for the best green energy with the most cost effective technology for deferral available today on site. Unfortunately, as it relates to electric generation, most of the world is not geographically like Switzerland.

     

    And I'm a big nuke fan. But alas everything has negative consequences. Unfortunately nukes are to electrical generation what planes are to transportation. Far safer than the other offerings but when something happens, while rare, it's usually big and draws the attention of those looking for attention.
    30 May 2012, 01:37 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    When I moved here from Houston and ordered a new computer, I explained that I wanted a UPS to protect me from power surges. They told me I didn't need to spend the money but I insisted, so they wrote the order and cashed my check. Fourteen years and two power outages later I understand why.
    30 May 2012, 01:42 PM Reply Like
  • LabTech
    , contributor
    Comments (1779) | Send Message
     
    Interesting article. It basically shows that pumped hydro and maybe pumped gas are the only real options for large scale storage. All the other ones are more for local use and grid maintenance. I did find it interesting that when they got to the battery section they mentioned everything "but" LA batteries.
    30 May 2012, 02:06 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    LabTech, Yeah I noticed that as well.
    30 May 2012, 02:10 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    Every home has 3-phase service? Wow. A full-production wood shop in every garage? ;)
    30 May 2012, 02:36 PM Reply Like
  • thotdoc
    , contributor
    Comments (1777) | Send Message
     
    For a look at where a significant portion of grid production is going, see today's FCEL announcement of the fuel cell initiative out of South Korea. IMHO the future of the grid is distributed electrical and heat productivity by fuel cells (90% efficiency).
    30 May 2012, 09:21 AM Reply Like
  • Ryan Stanton
    , contributor
    Comments (106) | Send Message
     
    Here's a video of the Hong Kong EV taxi fire mentioned earlier. The taxi battery caught fire after being hit by a drunken Ferrari driver. Tragically, three were killed. This is the third reported EV battery fire/explosion in as many months.

     

    Shouldn't batteries should be safer than gas tanks?

     

    http://bit.ly/KWfZDW
    30 May 2012, 10:25 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    As we can see from this older article BYD expected to enter the US market some time ago.

     

    http://on.wsj.com/M7iHgW

     

    It is my opinion that after VW and Daimler signed joint ventures with BYD they sat them down and said, " DO NOT enter the US market with THAT". I feel they would have done that not so much for BYD's sake but for the sake of the industry. Individual EV failures will reflect badly on the group as a whole to some extent.
    30 May 2012, 10:45 AM Reply Like
  • Tim Enright
    , contributor
    Comments (1356) | Send Message
     
    I have a feeling they may died without the fire/explosion with a 70 mph differential in speed...
    30 May 2012, 10:54 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Tim, Maybe not because it looks more like a glancing blow given the outcome of the driver in the speeding vehicle. If it was not they would have all died from the collision before the fire for sure. That's a lot of kinetic energy!
    30 May 2012, 11:15 AM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    There were 2 similar incidents, 1 involving a Ferrari, and the other a NIssan. In one the driver was able to drive away after the accident (he surrendered later to the authorities), so it would appear that one car was still functional, while the other blew in a spectacular fashion...

     

    This should start some investigating...
    30 May 2012, 01:11 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    I don't think the Ferrari accident you are referring to had an EV involved. It just caused a stir because the country has some concerns about the high percentage of their population being non locals and they are driving up property prices etc.

     

    http://bit.ly/M7RjiZ
    30 May 2012, 01:20 PM Reply Like
  • motoyama
    , contributor
    Comments (3) | Send Message
     
    Good link but you should get the stories straight.
    30 May 2012, 02:08 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    I thought these were one and the same.

     

    http://bit.ly/KWR2Z2
    30 May 2012, 02:17 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Congrats on creating your ID *today*, hustling right over here and posting TTT (Typical Troll Trash).

     

    As the saying goes, he ain't long for this world.

     

    HardToLove
    30 May 2012, 02:18 PM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    No, the Ferrari was just very high profile. The two incidents are combined in much of the domestic Chinese news reporting. The EV that blew up was the Nissan incident, and was the accident in which the speeder was able to not only survive but flee the scene.

     

    The Ferrari driver, otoh, could not do this and died.
    30 May 2012, 02:23 PM Reply Like
  • motoyama
    , contributor
    Comments (3) | Send Message
     
    HTL,

     

    I am no troll. I have been following this concentrator since number 001. I apologize for my manners in my last post. Only excuse is that at my age, sometimes I forget my greetings and salutations.

     

    The intent was to clarify that the accident involving 3 deaths actually happened in China, not Hong Kong. This brings back an incident during my younger days when an old lady from Wisconsin asked if China was in Japan. LOL

     

    Again, my apologies to TB.
    1 Jun 2012, 02:15 PM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    LOL, no apoligies required for me. For one thing, I provided no link, so I was assuming you were talking to someone else. Also, I never identified the locations for either accident, just mentioned that they were being combined in much of the Chinese media (which they were, both in Hong Kong and China). Finally, the point of including both was that I viewed the media attention (which included both accidents) would be a powerful incentive to initiate a thorough official investigation.

     

    It would seem that it all makes sense with a little thought. Motoyama, I believe you are not a troll.
    1 Jun 2012, 02:21 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Motoyama: "... you should get the stories straight" is the phrasing that set me off. Since we are not the "brand X" board here, it need not be stated that one should get the story straight.

     

    There will always be mistakes made, because we are "h00m0n" and we take it on faith that, regardless of errors that appear, a "best effort" was made by the poster.

     

    We then behave accordingly, maybe softening the interaction with an interrogatory.

     

    Having said that, I withdraw my judgment of your status as troll and offer only a potential exculpatory explanation that we've been plagued by *frequent* and persistent trolling by an individual or two.

     

    I look forward to enjoying your continued presence and contributions.

     

    HardToLove
    1 Jun 2012, 02:35 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    Well, I guess the guys selling thru AUTO are back from vacation.
    30 May 2012, 10:54 AM Reply Like
  • Ranma
    , contributor
    Comments (1873) | Send Message
     
    We had a nice one day demo of what happens once the seller is gone though.
    30 May 2012, 12:33 PM Reply Like
  • DRich
    , contributor
    Comments (4727) | Send Message
     
    I just hate (Nah, not really) breaking into the happy search for the next big market opportunity. I have just another " What If " type inquiry that I speculate about.

     

    What is the implication for Axion if we get another credit freeze like we're still suffering from. I don't worry about the Railroads spending (even as it would be slower) because I have a model to follow there from the 1930's and several other economic events. It would mean even slower growth prospects but how might BMW react? Would Rosewater's potential customer base evaporate?

     

    I'm not really concerned about Axion shuttering their doors but how might this investment thesis go. The EU could put a crimp on the next capital raise and the "masters of the universe" might repeat the disaster of saving their own backside while choking to death real economic activity.

     

    Just thought I'd see what the consensus might be. I'm looking for a good economic curandero.
    30 May 2012, 11:40 AM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    DRich, I can't see an economic freeze slowing down the roll out of SS in Europe or the US. The reason for my thoughts here are as follows;

     

    o Automotive planing is a lengthy process because of the complexity and capital cost of the manufacturing process. As such technology trends are pretty cast in stone years in advance of when you and I can walk in and buy it. For simpler technology like SS you might be looking at a shorter planning cycle like approx. 4 or 5 years. For more difficult technology like a broader roll out of carbon fiber you're out at a decade plus with small trials in front and perhaps many delays after that. As you know it's very hard to accurately forecast out 10 years in both how long it will take to develop technology and where the market will go.

     

    o With SS the system is already baked into regulations in Europe and the technology, while not perfectly robust, already exists. There really is no reason to back down from implementation and with all the capacity in place not rolling it out would do more harm to the industry that good. Plus it's a pretty good product with reasonable payback (ignoring the battery issues some appear to be masking over).

     

    o I will not get into the marketing of the "green wash" stuff. But it is also a consideration. If you don't agree here go read some of the comments on JP's articles where he points out EV weaknesses. Some of those commenters would back riding a dead horse if someone told them it would save the planet. Oh and you painted it green.

     

    The only real risk to the players is who is on what vehicles and how the sales volumes of these vehicles might be impacted by overall economic conditions. Also, as we've seen, different suppliers and automakers are trying to sell varying designs. Some might not be accepted as well due to cost or performance issues. I see this as less of a risk because the consumer is less focused in this area when making their buying decisions.

     

    Just a couple points for consideration on the automotive side.
    30 May 2012, 12:28 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    "The new resource dependencies"

     

    http://bit.ly/MYbH5s
    30 May 2012, 12:49 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    It is gratifying to at least see people talking about supply chain issues even if they don't understand just how daunting they are.
    30 May 2012, 01:34 PM Reply Like
  • alpha5one
    , contributor
    Comments (140) | Send Message
     
    Challenges Mount for Chinese Maker of Electric Cars

     

    http://nyti.ms/MYgnbo
    30 May 2012, 01:30 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    The problem is the NYT soft sells the problem by showing a clean young man with a clipboard instead of photos of the event and the aftermath like you'll find here http://bit.ly/KiLpJv
    30 May 2012, 01:36 PM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    Quote: "...words of Wang Chuanfu, Chairman of BYD: "Batteries from BYD would not explode even if you throw them into a fire."

     

    Ouch. BYD is in deep guano.
    30 May 2012, 02:26 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    I invested in BYD after the Buffet announcement and rode the Wang Chuang Tonight hype wave up. A lot of people thought BYD was going to quickly take over the auto world. A big reset's been going on ever since.
    30 May 2012, 03:29 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    I hope you didn't get badly stung - early exit?

     

    HardToLove
    30 May 2012, 03:37 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Congratulations on catching the wave with BYD and having the sense to go to the beach.
    30 May 2012, 03:41 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    Thankfully, early exit. Made a decent %age return. I really liked some of the fundamentals, like their big cost advantage with the army of engineers they were hiring, and housing on-site, but when their website said they wanted to be the biggest auto manufacturer in the world by 2025, I began to get uncomfortable. What seemed like confidence was morphing into arrogance, to me. Combined with the increasing focus on EVs (China viewed them as the opportunity they were waiting for to dominate) and the opacity of Chinese reporting and government policy (hey, the other provinces would fight BYD's growth, right?) I decided to bail. So what I thought would be a medium to long term investment turned out to be short term. Oh well. Better to shift course when the investment changes than to dig in.
    30 May 2012, 04:20 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    Thanks. The stock's down something like 75% since I was in it. I feel pretty blessed to have gotten out early. And a bit humbled. I thought it just might have been a really big thing. Alas, so far, that's a big no.
    30 May 2012, 04:28 PM Reply Like
  • alpha5one
    , contributor
    Comments (140) | Send Message
     
    Brief snippet from the article:

     

    BYD now accepts that the future of the auto industry is more likely to lie in hybrid gasoline-electric cars, a technology in which it lags Japanese manufacturers, and not in all-electric cars, which still face issues of battery range and recharging time.
    30 May 2012, 01:34 PM Reply Like
  • D Lane
    , contributor
    Comments (1425) | Send Message
     
    Toyota's Prius Glides into Top 3 of Global Sales:

     

    http://bit.ly/KIA3Nj
    30 May 2012, 01:42 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2248) | Send Message
     
    Besides battery range and recharging time they could have also added market acceptance and cost. JP and I have no friendly disagreements on EV's.
    30 May 2012, 01:55 PM Reply Like
  • Articula
    , contributor
    Comments (254) | Send Message
     
    Wow that is impressive
    30 May 2012, 02:33 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (799) | Send Message
     
    Please can somebody explain what has happened today with the ticker symbol of AXPW?
    Thanks.
    Carlos.
    30 May 2012, 03:13 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    Not sure what you mean Carlos, other than being stuck on 309,900 shares, or does that reflect a problem?. I can access all my websites.
    30 May 2012, 03:27 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (799) | Send Message
     
    Thanks.
    When consulted on the Yahoo Finance AXPW.OB ticker they refer me to a different one.
    Carlos.
    30 May 2012, 03:34 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (799) | Send Message
     
    Seems that a problem existed, but it's okay again.
    Gracias
    Carlos.
    30 May 2012, 03:49 PM Reply Like
  • LabTech
    , contributor
    Comments (1779) | Send Message
     
    What I found interesting is that Yahoo's stock page for Axion has deleted a lot of the normal tabs to the left. One of those that is no longer active is the message board! Wonder if this was just a one day thing or Yahoo has decided to punt on add ons for stocks that trade OTCB?
    30 May 2012, 11:08 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Yeah, For some reason when you search for BB stocks a message comes up that the symbol has changed from WXYZ.OB to WXYZ. And then when you go to the main page they have disabled some of the options but if you search for them like "WXTZ message yahoo" they are still there.

     

    Don't worry LabTech. You can still visit the oracle OHMY! ;))

     

    I think it's just a short term Yahoo programmer oops at work.
    30 May 2012, 11:21 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    We can always hope that Yahoo decided to do away with the cat box.
    31 May 2012, 12:24 AM Reply Like
  • tripleblack
    , contributor
    Comments (13553) | Send Message
     
    Yahoo also did away with the requirement to use ".pk" for the pink sheets, but again lost the left column shotcuts to things like message boards.

     

    Yahoo message boards would not be any great loss, of course, but yes, they are indeed "still there", just harder to navigate to.
    31 May 2012, 09:04 AM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    That's a sure way to get rid of the sock puppets because nobody will pay them for posting inaccessible drivel.
    31 May 2012, 09:57 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Now we know why the price action today - someone wanted 80K @ $0.35 and they just got it!

     

    Aqui Toro! Aqui Toro! (Sorry - about all the Spanish I can come up with).

     

    HardToLove
    30 May 2012, 03:45 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    Congratulations to our bottom feeding brother. Never let them see you sweat.
    30 May 2012, 04:00 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Thanks HTL, "Here bull" is better than "What bull". :))
    30 May 2012, 04:05 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1511) | Send Message
     
    The volume was stuck for so long I thought something had gone wrong with the trading system..
    30 May 2012, 04:05 PM Reply Like
  • John Petersen
    , contributor
    Comments (30274) | Send Message
     
    It was one of those famous OTCBB standoffs. Somebody blinked.

     

    http://bit.ly/M8snYx
    30 May 2012, 04:08 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Well it's not true poker if you've seen at least one of the other players hands!

     

    You see in this world there are those with loaded guns and those who dig!

     

    Today I just dug.
    30 May 2012, 04:37 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    Iindelco: LoL! Yes, that's why I edited it.

     

    I thought about "Ottro toro, ottro toro" too. But that might have been too close to "Mas toro, mas toro".

     

    HardToLove
    30 May 2012, 04:51 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18189) | Send Message
     
    P.S. Did a one-day (TSLA) put yesterday @ $1.10 and exited today ~+30.6%, friction inclusive.

     

    My $1.85 version is still in place and (hopefully) coming to me now.

     

    HardToLove
    30 May 2012, 04:55 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    HTL, I was glad I saw it before you edited. I got to get a good laugh before the material went away.
    30 May 2012, 05:27 PM Reply Like
  • Stilldazed
    , contributor
    Comments (2163) | Send Message
     
    Dig Tuco, dig.
    http://bit.ly/JW8jSn
    30 May 2012, 05:30 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Nice 101 article on graphite. Hey, It's not just for making cannon balls any more.

     

    "Graphite euphoria could lead to oversupply"

     

    http://bit.ly/M8sF1B
    30 May 2012, 04:12 PM Reply Like
  • DRich
    , contributor
    Comments (4727) | Send Message
     
    >iidelco ... I think you're right that graphite could look like the REE market looked like with all kinds of junior low quality mines bellowing from the rooftops. In fact, from my poking around, there don't seem to be more than a couple dozen operations that might be viable and a handful that will be real mining suppliers.
    30 May 2012, 05:26 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    "The Solar-Powered Microgrid, Courtesy of Forest City and Japan"

     

    "On the U.S. side, utility PNM, Sandia National Laboratories and the University of New Mexico are on the team. In its entirety, it’s still pretty small, on a par with the many different solar-storage-backup power systems being tested out around the country and the world.

     

    But if it fulfills its promise of smoothly connecting and disconnecting from PNM’s grid -- as well as providing its power to smooth out the grid during times of peak stress -- it could take the claim of the first fully functioning microgrid in the country, said Manny Barrera, Mesa Del Sol’s director of engineering.

     

    And that, in turn, could help developers like Forest City tackle a key challenge of managing all the rooftop solar that they can pencil into their plans, now that solar panel prices and installation costs are plummeting."

     

    http://bit.ly/JR7n3o
    30 May 2012, 05:51 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Alas, my trip to the Ford dealership revealed little. The desk clerk did not know what stop/start is, but was very intrigued (he was not the usual desk clerk).

     

    The Service Manager was gracious with his time, and was aware of stop/start (with the Prius), but did not know it was coming in the 2013 Ford Fusion. He made a call and learned that Ford dealerships can begin ordering the Fusion in July, which means they'll be delivered in August or September.

     

    As we spoke for 15 or 20 minutes, I explained that the Fusion will be coming with an option for stop/start, costing $295. Further, I explained the battery technology that will be coming, and informed him that Ford "may" be using a battery that possibly will render the stop/start feature useless, as soon as two to six months, because of sulfation -- he was totally aware of sulfation -- and revealed some concern that a problem may be soon coming.

     

    Talked with him about emerging problems with BMW's s/s in England...you all know the stories reported by iindelco and myself.

     

    The Service Manager seemed perplexed that any auto company would do this, and cautioned that Ford has changed its standards from, well...we can always do a recall if it doesn't work (with any auto part/feature). But things have changed. Now Ford will not allow any vehicle to be sold unless Ford is 100% positive all parts/features work as designed.

     

    But back to the battery. We talked about the EPA, and how basically the government is forcing automakers, both here in the US and Europe, to improve mileage, while also lowering emissions, and by all indication, as in the JCI study (he was aware of JCI and Exide), s/s is coming in a big way. No surprise the Service Manager seemed surprised by how big. I explained that s/s is one of the cheapest ways to improve mileage by 5 to 15%.

     

    During our conversation I explained about Axion Power, and the capability of the PbC, the innovative technology, in that rather than the battery conking out after six months, that tests show the PbC can run five years flawlessly, and up to eight years before a replacement becomes possibly necessary -- referring to the BMW/Ford Istanbul presentation (and Axion's white paper, which I did not mention).

     

    I'm not at all surprised that dealerships are basically unaware of the stop/start revolution coming, because as we all have learned over the past near year, automakers are extremely secretive of "what's next."

     

    The kind Service Manager asked for my number, and stated he will call me if he learns anything more. I'm hoping to get in there for an early test drive of the 2013 Ford Fusion, with the s/s option, as soon as this August.

     

    Upon departure, the desk clerk said, "If what you said to me works out, you'll be rich!"
    30 May 2012, 05:52 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Maya, Thanks for the dealership sleuthing. Sounds like these guys got a little learning curve coming their way. Not so much as with EV's but they will have some lessons coming on repair and customer care. The repair will be the easy part if what we are seeing in Europe holds true.
    30 May 2012, 06:37 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2891) | Send Message
     
    I like that the Ford dealer guy said, "Ford has changed its standards from, well...we can always do a recall if it doesn't work ". That says to me that the move to a better solution (like PbC) will happen sooner rather than later. Ounce of prevention kinda stuff.

     

    Does make you wonder if there will ever be a recall with a retrofit-type solution. Could be millions of problem s/s vehicles by then, all needing the fix about the same time. Could 'jump-start' the aftermkt, too, lol. I suppose the makers will just go the Honda litigation route instead.
    30 May 2012, 08:08 PM Reply Like
  • bazooooka
    , contributor
    Comments (2951) | Send Message
     
    Sadly I think even as a $295 option many will likely pass on stop/start. The problem is people aren't educated and the fleet managers won't order it unless it is demanded by the retail customer. Sure, it seems like a no-brainer (and it would pay for itself in a few years or less) but people are funny with their car options.

     

    Heck low rolling resistance tires have never really took of either and those can be had for a $300-600 premium for a set and some claim 5%+ fuel saving and there no electronics involved there.

     

    Stop-start has to be part of an emissions package I'd think and then we need an enforcement beyond the first smog check to ensure that AGM batteries don't get exclusively used by the penny pinching oem. For a low mileage driver an AGM battery might even keep the start-stop working for those first two years.

     

    I do hope more people start complaining to their service managers so adoption picks up. Also a BMW design win might help PbC get a fair shake with the rest of the majors.
    30 May 2012, 08:52 PM Reply Like
  • D-inv
    , contributor
    Comments (4251) | Send Message
     
    baz > "Sadly I think even as a $295 option many will likely pass on stop/start. The problem is people aren't educated and the fleet managers won't order it unless it is demanded by the retail customer."

     

    Something tells me 'fleet managers' are a bit more knowledgeable about vehicle repair and operations cost than many consumers. And, if corporate CEOs and boards decide to "green" company operations for PR as well as cost reasons S/S vehicles will be purchased.

     

    As to auto retail markets, it seems to me the company that steps forward offering S/S models which function in virtually the full range of air temperatures drivers typically encounter and function for the average vehicle ownership term or more could capture a competitive advantage and market share.
    30 May 2012, 10:05 PM Reply Like
  • bazooooka
    , contributor
    Comments (2951) | Send Message
     
    Agreed, that the oem's should want to make it a standard feature and that s/s could give them a green halo but they won't do that with the current known issues with agm batteries. Thus I don't see the 2013 Fusion doing brisk business because of this "feature". I doubt 1/3rd of these new Fusions will be ordered with the S/S feature even though we all here can see that it will pay for itself (I hope I'm wrong since the more the merrier when it comes time to demand change).

     

    Imo, the word wont reach the masses until the PR gain outweighs the PR costs. That can't happen until the PbC is further ingrained into the supply cycle. I expect by 2015 things will be way different but Axion's need to produce large revenues well before then. Luckily the stationary and rail road market should be harvested sooner.
    30 May 2012, 10:20 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10099) | Send Message
     
    Sheesh, JP! 97 new comments? Wow!

     

    Later tonight...gotta go check out the EVangelist soap opera ;-) Probably going to be 120 new comments by then.
    30 May 2012, 06:00 PM Reply Like
  • DRich
    , contributor
    Comments (4727) | Send Message
     
    >To No One in Particular ... I'm not mad or insulted, just amazed. Over on JP's "Anti-Hype ..." comment area I've had a first for me. I had one of my comments edited. I've had all my comments deleted before but just a quick 4 word edit ... I find that amazing & it wasn't even harshly insulting (?). I just complimented "Canardie" for "Nicely written nonsense". Well, at least I know the editorial board is awake ... now if they would clean up the truly offensive and/or insanely repetitive stuff.
    30 May 2012, 06:38 PM Reply Like
  • battman
    , contributor
    Comments (373) | Send Message
     
    I had someone call me a moron (or idiot) and his post was deleted. I actually preferred for it to be up, because my post was making fun of the guy so it needed the to and fro to show some extra balance.
    30 May 2012, 09:14 PM Reply Like
  • 481086
    , contributor
    Comments (3450) | Send Message
     
    DR, for what it's worth, I had a comment there completely deleted. It is probably one I shouldn't have made, but darn it, I can't help it, all them religious ingrate oil-haters just spool me up so...
    30 May 2012, 06:43 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    "UPDATE 1-A123 sees 'going concern' risk due to steep losses"

     

    http://reut.rs/LKc8P3
    30 May 2012, 07:10 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Good explanation of some of the different SS systems and the electronics required for the 2 battery system.

     

    "Advanced power switches boost micro hybrid emissions gains"

     

    http://bit.ly/LKfTE9
    30 May 2012, 07:28 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Here's the IR announcement of the electronics intro.

     

    http://bit.ly/LKhTfK
    30 May 2012, 07:34 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2248) | Send Message
     
    iindelco - this caught my eye: "The new device provides 15 V on the output with a wide input voltage (4-36 V)." Wouldn't the output.input numbers above make the PbC easier to utilize?
    30 May 2012, 08:31 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    Yeah bang. Once you pay for the electronics to buck/boost you can compensate for PBC's voltage profile and the transients due to load shifting that goes on in the vehicle electrical system with SS. The problem with the load shifting is not a problem in conventional vehicles because there are start up routines for the electronics (delays). But once you're out on the road driving you don't want these systems turning on and off. Especially the air bags. Well the younger folks might put the radio in front of the air bags. Tunes first!!

     

    As Kirk indicated, in this scenario the slope of the PBC's voltage becomes an asset because unlike standard lead acid you don't have to keep calculating where you are on SOC so you don't over charge the battery. You can measure the voltage and know if it needs charge. Far better for battery life.
    30 May 2012, 08:56 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    FYI for the flooded LAB concerned. Yes it was a mild winter but that only pushes out sales.

     

    "N. American car battery shipments surge in March"

     

    http://reut.rs/KdJ8RI
    30 May 2012, 08:04 PM Reply Like
  • DRich
    , contributor
    Comments (4727) | Send Message
     
    >indelco ... Should add a few pennies to the price of EXIDE (XIDE). I know most here don't like this company but seriously it is not going out of business.
    30 May 2012, 08:45 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    DRich. Nope not going away.

     

    The problem with Exide was that it had all those old bloated automotive contracts with their union work force. Makes it very difficult to adjust to economic shifts short of taking the GM/Chrysler route. Europe is far more costly to adjust than even the US.
    30 May 2012, 09:01 PM Reply Like
  • DRich
    , contributor
    Comments (4727) | Send Message
     
    >iindelco ... Yeah, Yeah ... always union workers are to blame. Never seems to be poor management. I'm surprised that unions haven't been blamed for the near complete collapse of World business & credit .... Oh, wait ... I forgot, at least here in Texas, it has been laid at the feet of those greedy over-paid teacher, police & firemen.
    30 May 2012, 09:23 PM Reply Like
  • iindelco
    , contributor
    Comments (9756) | Send Message
     
    DRich, Didn't say the union was the "only" one to blame.

     

    Kinda figured I'd singe your feathers a little with that one but facts are facts. But surely this point was only one part of a far bigger story.

     

    Any way you slice it it all adds up to "That great sucken sound".

     

    http://bit.ly/Lh7chX
    30 May 2012, 09:31 PM Reply Like
  • DRich
    , contributor
    Comments (4727) |