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mrholty

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  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    Correct. What is actually interesting is that their website back in the fall had some pictures of them clearing the land of small brush and trees and the caption clearly stated it was the CSI project. Those pics appear to have been deleted.

    These pics are not the CSI project.

    A solar installation in NJ makes more sense with the SRECs.
    Mar 26, 2015. 11:24 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    I assume they grabbed this amount so that they could add it to their Quarterly filing. Maybe they will file tomorrow morning and not wait.

    There is not going to be a call again (otherwise they would have published a notice) so no questions or answers.

    BTW, I called them at 4:45 eastern yesterday to leave a message for IR. got the phone update that the office was closed yet they state the office is open until 5:00.
    Mar 25, 2015. 05:11 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    Understood.

    BTW, Princeton is based in NJ, home of the best SRECs around. However, its worth something to be friendly with Eaton don't you think?
    Mar 25, 2015. 05:09 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    Indy-

    Looking at this DynaPower website there seems to be a lot of engineering activity in this inverter idea but its beyond my feeble mind.

    http://bit.ly/19lPTxV

    How did Axion screw up this relationship?
    Mar 25, 2015. 04:38 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    I'd also love to figure out what the US Military actually tested and used $1M worth of Axion batteries on back in 2010/11. My feeble FOIA attempts and google fu skills did not tell me much. It was around this time that Princeton Power was also working on solar + storage (lead acid) and Li Ion for the military. Was it for stationary storage or transportation?
    Mar 25, 2015. 04:32 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    Princeton Power was also on the BySolar project and was also used when quoted on other solar projects. I have no idea why Axion switched to Princeton when Indy's link shows they used DynaPower for the PowerCube. Doing this was not a small engineering project and how it didn't lead to more work with DynaPower I will never not understand.

    Under TG Axion insisted on quoting solar with Princeton. Princeton however was not a 1:1 relationship and also quoted projects that were GM and other battery tech.
    Mar 25, 2015. 04:25 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    Mr. I-

    I think you have the idea correct on the business plan and I will admit that it was fluid. I think the idea was that BMW was going to be produced with someone and that possibly NS would be produced in house along with other control electronics for wind/solar/powercube type projects.
    Hell it was the business plan when John was on the board and that ended what 7-8 years ago.
    At this point I only have a few outstanding questions that come after the eulogy when we are downstairs in the church basement sharing recipes for the different casseroles.

    1. Clearly AXPW had some interest/work done with Cummins (per John) at some level. What was this? I’ve spent a long time trying to figure this out and I still scratch my head as I’ve gotten nowhere.

    For the last two years Vani presented at a Clean Coalitions conference for the state of Indiana. The group was similar to the conference a few years back that John was at that was at a Casino in Indiana just across the border from Louisville. This made sense at the time for ePower to get out and give out test rides, and I believe the only conference where ePower has done so. I think this news made many of us think that ePower was further along than it really was. (I’d bet John probably thought so as well but I don’t and haven’t spoken to him). A similar conference was done in November of 2014 as well in Indianapolis and the ePower truck and Vani also attended. The one interesting thing is that Cummins/CrossPoint Kinetics was there. Their hybrid works but used the Maxwell UltraCap design and I believe that sales have been slowed due to upfront cost. I’ve spoken with the project head and asked about if they have considered the PbC or other battery types and they have considered them but one of their key selling points is not having a “Lead Acid” (old tech and dirty) battery.
    The other possible project that I thought Axion may be working with Cummins was the Cummins CorePlus project which was announced at tradeshows two years ago but still has not launched publicly although Cummins will sell you a preproduction unit for over a year now but the cost is much higher than the expected launch price. Cummins was looking for a second customer to guarantee production last year and was hoping to do so this winter as they had one. This technology is battery agnostic and I could see the PbC being on the list of available options as it would fit but I have no idea and no spec sheets on the battery availability.
    Was there ever anything here?

    2. What did that testing lab in Germany test? Did they test regular AGM batteries made by Axion or were the PbC in a Axion built AGM or someone elses AGM? What did they find out. Is this why it ended with BMW?

    Other misc questions:
    -I’d also love to see what Axion actually did on the hotel load business for semis. My understanding is that semi’s have 4 AGM/Marine batteries that start the semi. Maxwell created a ultracapacitor in a battery box as a drop in replacement to take over the cold cranking start freeing up 3 batteries to focus on the loads such as laptops/heat/TV for breaks. This saves the guys the money of buying a house battery system. My understanding is that cost wise they are a wash ($1,000 for Maxwell + $250 for installation/few wiring changes) vs $1,500 for a house battery bank. The 3 non-Maxwell batteries will give a guy 8 hours of heat on an overnight vs a house system that gives 10-12 but you will have replace batteries every 3 years or so. This wouldn’t have made a huge dent but it would allow Phil Baker’s production team to actually build something.
    -Why did AXPW recharge those old batteries for NS? Give them new ones at cost especially as the old ones were pre the new/improved method that John spoke about. Maybe those better batteries would get NS to move faster.
    At the end of the day I kick myself as I had investing rules that I followed once with AXPW that got me out before one capital raise 3 years ago. I was aware enough of the risks that I never felt recommending the stock to friends/family even as I bought more and ignored all my investing rules. Best of luck and to be honest I’ll still stick around and read and maybe I’ll jump back in if BMW shows up and I’ll miss a move but that is ok. This has been my largest loss ever.
    Mar 25, 2015. 04:22 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    The only broker that I've found that will let you do anything close to that for US and Canadian stocks is Interactive Brokers. I've been a big fan and shareholder for years.

    However the rate they charge on these can be extremely high sometimes. on the positive side if you are long a stock they will ask if you are willing to lend out your shares. If you do and its used you get half of that rate.
    Mar 18, 2015. 06:54 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 391: Mar. 01, 2015 [View instapost]
    Hey Dave is off that page! I also just checked and they changed the fact that when you call and press Investor Relations it used to go to David DG. Now it goes to a generic voicemail box - but not investor relations.

    I had called and left them a message about both of these above a week ago. Things move slowly there...

    Unfortunately do you think they could update the voicemail box to say 'Investor Relations" instead of x4006.
    Mar 11, 2015. 02:39 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 391: Mar. 01, 2015 [View instapost]
    I'd guess another press release on 3/31 with no call.

    There is no CEO. The cash burn will be interesting.

    I'd love to get an off the record with TG for 15 minutes. There was an inventory build last Winter and I want to know why. I'm guessing they thought they had a sales order from BMW but I want to know why or what happened?
    Mar 10, 2015. 12:00 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 391: Mar. 01, 2015 [View instapost]
    Did some searching on what caused this volume all of a sudden. Nothing I could find but I did find this article. (not sure if it was mentioned before):

    Published yesterday - the 2nd:
    http://bit.ly/17NXAfN

    The electronics giant SAMSUNG ELECT LTD(F) (OTCMKTS:SSNLF) is planning to expand electric battery supply to BMW’s next generation model X5 plug-in hybrid electric vehicle (PHEV).
    ...
    Already Samsung is supplying car batteries for BMW zero-emission vehicles like small electric vehicle (EV) i3 and plug-in sport car i8, but shipment of car batteries can soon be started for the upcoming X5 eDrive.

    It could be that one investor was holding out for this often delayed car and saw this news and sold or it could be something else completely such as Maxim pushing their customers to convert and sell.
    Mar 3, 2015. 11:10 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    Wouldn't new holders that are greater than 5% negatively impact the large NOLs that Axion has built up over the years?
    Feb 27, 2015. 02:04 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    Mr. I - I think it ultimately gets sold to another battery company for $10M or something.

    I'd hope and wish that before doing that they would allow the original investors one last chance to buy the company themselves back if they wanted. I doubt all would but a few may and probably still believe and may want attempt 2.0 with some sort of fresh capital.

    If I win the Powerball or MegaMillions I'd quit my job and be calling New Castle the day after my check cleared. I'm convinced the Supercab battery has a place in our world and I'd love to spend 10-20 years trying to find it.
    Feb 25, 2015. 01:44 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    For people who like new tech and ideas.

    Portland is installing turbines in their water pipes.
    http://bit.ly/18lmHri

    In the past I discussed this with someone and they told me the energy gained wouldn't match the cost of it. So it this greenwash? Wouldn't these turbines reduce the pressure of the system requiring more total energy to be added via additional pumps.
    Feb 25, 2015. 10:57 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 390: Feb. 22, 2015 [View instapost]
    Thank you Patrick-

    So for holders of the B warrants who are long term (and therefore insane ;)) should not just simply convert. Instead they should hold until a time when there is good news (if ever) and then convert.

    The people converting today are simply clients who want to cash out. Anybody calculate what the return would have been for a person who bought in to Maxim and bought shares and immediately sold the common and the A's and converted and sold the B's this week?
    Feb 25, 2015. 10:55 AM | 3 Likes Like |Link to Comment
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