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Stefan Moroney

Stefan Moroney
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  • Axion Power Concentrator 295: Jan. 09 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    Years and potentially reverse splits.
    Jan 10 12:42 AM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 295: Jan. 09 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    Bazooka -

    "The PbC is great" More and more I am wondering if this is just our assumption (ass out of u and me) based on propaganda or not. Waiting for the first real recurring buyer to assuage my doubts.
    Jan 10 12:42 AM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 295: Jan. 09 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    John -

    "I haven't read the covenants in detail because I don't think its worth my time."

    Really? Given your tracking of Axion, I find that hard to believe. Knowing your methodical nature, I would imagine you have analyzed every part of it ... Otherwise, how could you have written articles on it?
    Jan 10 12:36 AM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 295: Jan. 09 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    "My major complaint is that I don't think TG really understands the applications."

    I have begun to believe this as well. Looking for mgt to give me a reason to believe otherwise. But any reasons are apparently locked up behind, in some cases, mythical NDAs.
    Jan 10 12:34 AM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 295: Jan. 09 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    Axion hadn't raised capital by the end of 2012, and then well into 2013, that Axion had lost it's leverage toward grinding out terms for a reasonable cap raise.

    Basically, I couldn't afford to lose more money on Axion, especially when the markets were on fire.

    I have all too many times heard from New Castle some forward-type statements that never came to fruition, or have been severely delayed from what I had previously understood. So for me, it came down to over promising and under delivering, especially with BMW -- the single most important reason why I had invested in Axion to begin with.

    I'm not going to clobber Axion leadership here, only because here on the APCs that's been going on far too long to ignore. But I do feel let down.

    Do I think Axion is a good investment now? No.

    The covenants of this PIPE deal, and the extension state that no changes can be made until the PIPE deal is complete. In other words, the PIPErs have a significant say in what Axion can do.

    2) This is purely a personal opinion, or best guess, is that nothing significant is coming soon, henceforth the extension, which further dilutes the shares, and also has the potential to stifle any rise in share price, because the PIPErs have millions and millions of shares they can sell into any price rise. That's why I think the share price is in the "rocking chair" right now, and will continue to hover around ten cents, or perhaps with the new 9 cent trigger, it could go down there (or even farther if the PIPErs get greedy).

    I don't think the PIPErs want to kill the company, and to date there's been no sign that this is their intent, but I do think they want every drop of blood they can get.

    Further, and this is a personal matter to me, but I don't want to own Axion if there is no performance and the bonuses once again trigger for Axion leadership later this year.

    All of these were included in my reasons for selling .. Doah!
    Jan 10 12:31 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 293: Jan. 01 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    "TG is full of it in saying they will not need one." Amen brother.
    Jan 9 02:20 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 293: Jan. 01 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    RA -

    I am in no way saying that I am correct in that argument, just that I have always had that concern.
    Jan 9 10:50 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 295: Jan. 09 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    Thanks JP - still enjoy hearing whatever preliminary tidbits you can throw our way ... of course with the understanding that everything is currently preliminary.
    Jan 9 10:47 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 293: Jan. 01 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    "If it's to make money, then not considering taking a stake in Axion - with a product they uniquely know well -- might be a mistake."

    Therein lies the rub.
    Jan 9 09:30 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 295: Jan. 09 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    I don't expect the CA mandate to ramp up quickly ... it is back-end loaded towards 2016-2020 and gives a bunch of leeway for the utilities to wiggle.
    Jan 9 01:04 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 294: Jan. 04 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    As I recall the most straight forward talk was from Bob Averill to Maya wherein he said during the summer or fall of 2011 that automotive was at least two years out.
    Jan 8 06:44 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 294: Jan. 04 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    JP - I agree, PLUG looks very ugly when dialing into the numbers, but there it is. Would love to see some of that momentum come our way.
    Jan 8 06:36 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 294: Jan. 04 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    48 -

    Good article and IMO a comparison also, except that Axion has seemingly issued many more shares if the 102M PLUG shares outstanding I referenced is correct.

    <begin snark> Now if only we knew where to find some hype. Maybe we could get Elon Musk to join the board? <end snark>
    Jan 8 05:06 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 294: Jan. 04 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    "As these next few months pass (and maybe the as the year wanes), tracking the cash burn rate is key, as well as sales"

    If history is any indicator, tracking sales shouldn't be difficult ...
    Jan 8 04:56 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 294: Jan. 04 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    Not looking to be right or wrong, but I attempted to address the carbon sheeting with TG on a CC and as I recall, the response was an abrupt it is sufficient for our current needs.
    Jan 8 04:52 PM | 12 Likes Like |Link to Comment
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