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DRich

DRich
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  • Axion Power Concentrator 330: May 08 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    I enjoin Rick's disgust with Axion's attitude toward developers that don't meet the company's pursuit of large market sales or bust. There have been many opportunities for Axion to make sales and increase production by selling into markets that might only need a couple thousand batteries per year ... his need being one of them. My company being another.
    May 10 01:09 PM | 22 Likes Like |Link to Comment
  • Axion Power Concentrator 340 June 06 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    >PbcBeliever ... Seemingly wanting to nitpick something that is off no consequence? The question, which is rhetorical & I really don't want an answer to, is why.

    Tiring.
    Jun 8 10:10 PM | 21 Likes Like |Link to Comment
  • Axion Power Concentrator 178, Nov. 21: John Petersen's Axion History & Prospects; Q3 '12 Rpt; SAE Truck APU App; Rosewater & Queens Univ. Partner On Distributed Energy Study; 13th ELBC: Axion's "Operational Stability Of PbC Batteries And Battery Systems" [View instapost]
    >metroneanderthal ... When this truck hits the road, ePower will meet my criteria for Axion's "Customer No. 1". I think I (or we) should send them a silver loving cup trophy for the accomplishment from long suffering Axion shareholders.

    I always thought the rails would lead but heavy road transport makes me just as happy see. Both industries are huge consumers of oil ... and less is better.

    Edit: I wonder if they, ePower, are working on a establishing a dealer network among the independent overhaul/repair shops?
    Nov 21 10:54 AM | 20 Likes Like |Link to Comment
  • Axion Power Concentrator 346 July 03 '14: Share Reverse Spilt And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    >Amouna ... I do tire of reading this "Throw the bum out" meme. I understand the frustration but it is always done with no solution. Who would this mystery corporate savior be? I'm not quite of the opinion that just anyone off the street would be better. I guess there is a battery sector superstar manager out there but I don't have any idea who that might be and apparently neither do the people calling for Mr. Granville's head. Lest they might have the courtesy to make mention of such a person that is possibly available.

    My hope is that current management both sets the company up to carry itself into the future as well as improves current performance. A little more public discussion/disclosure would be nice also. I'm much more in favor of Axion hiring one or several people younger & with the potential to take over someday. Most of Axion management is close to what is considered retirement age and succession is important in a company. That is not to say anyone of the present managers or BoD members cares to retire but it would not be good for them to just die on the job. Performance within Axion would be my yardstick.
    Jul 4 08:29 PM | 19 Likes Like |Link to Comment
  • Axion Power Concentrator 303: Feb. 8 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    >Patrick Young ... I think you are totally wrong about why Axion has never secured a customer. True ... Mr. Granville probably doesn't see the benefit of selling for a loss, but I think the mistake was made by going whale hunting to the exclusion of all the other fish in the sea. The benefit of this was great for an R&D company and close to fatal for a commercial enterprise. All the eggs in too few baskets.

    I don't think Axion knows how to market to small & mid-sized developers. I really believe that ePower came as a shock about market opportunities. I know that Axion has passed over & rejected several similar sized companies with markets that may not be as potentially large as trucking drivetrains but, in my opinion, worth pursuing. I think this oversight & lack of ability is the reason for the new board member.

    The whales may someday be landed and a feast will ensue. I think that in the last 2 years a realization that the Company needs to eat while the hunt goes on and that they are lacking talent & tools to fill the larder.
    Feb 11 02:20 PM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 283: Nov. 14 '13: Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    >Amouna ... Mass exodus??? All I can tell you is that I'm not going anywhere. I'm not in the "go down with the ship" crowd because I don't think we've struck that wayward burg but I don't see "backing up the truck" either. Just agonizingly & slowly getting better with anemic sales. I'll take a surprise though.
    Nov 14 05:57 PM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 190: Dec. 23: Latest News [View instapost]
    Do we really need "Concern Trolls" ... I mean really. A guy that claims to have bought ... what (?) ... 200k share is just now starting to questioning the validity of Axion's potential customer base. Follow that with an "OhMy" so concerned post doubting the worth & worthyness of Axion's product.

    I'm sure both these wonderful contributors are just trying to help us all by continually point out the folly of our ways. I really do appreciate their effort to protect me from myself. Bless Their Hearts.

    Merry Christmas to All
    Dec 24 01:57 AM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 73: Beginning Mar. 2, 2012, Bangwhiz's Article, Selling The PbC Battery - It's Not Easy Being Green!  [View instapost]
    >Mayascribe ... I'm not a good communicator or salesman. A reason I enjoy the near binary world of engineering. I have a hard time hanging my hat on something as vague as the term "fast track". What does that mean? What is normal? Best "guess" for normal put forward has been +/- 36 months and that would be for tweaks to systems that engineering is already basically familiar with; a new metallurgical formulation for gears, a new oil formulation, a new "rubber" material for wipers ... something that has an analogue. I've no doubt BMW is progressing as quickly as possible. Start/stop and Axion don't fit normal. So, I'm sorry I don't take comfort from the use of the term.

    Am I in or out? I guess that is a fair question. Since buying in the fall of 2007 I've seen Axion as the best solution and don't see any reason to get out or give up. Though that advantage I saw faces a lot more headwind with each passing year. I admit I'm looking for Axion design wins and production (quantifiable information) and not black-box testing or encouraging words. As necessary as testing is, I don't know anything more than it is happening. Long is good, too long is not, but I can live with it ... sort of ... for now. I want to see Customer No. 1 & I want the business model confirmed.

    So excuse me for getting all anxious, worried, impatient, gloomy or whatever it is I am. I have my concerns and I'll stated them as concisely as I can. This CPT/Exide "production ready" announcement faces the same road that Axion is on. No matter how ready it is. Yet, it is possible the track to market to be faster than Axion has had. There are a lot of big players coming into this auto S/S market and railroad solutions with established customer base. Government money is growing in the storage segment for research and with it the raised hopes & anticipation of fast, geometric progress among those that don't relate to the length of time required ... like investors & management. Regulatory compliance is fast approaching. A stampede might happen and without a product in the market being used by a customer, the best solution, Axion's PbC, might get mauled by the good enough from JCI, Exide or others. That will be grant time to those expecting rapid developments and the lag time of lab to market will just wait Axion to death & leave it in the dust. Meanwhile the deep pocketed majors can stall & sell what they can improve in-house. That doesn't mean Axion will disappear but the dream of becoming a commodity product withers and New Castle production is all that ever happens for years.

    So, whatever "Fast Track" means we're still burnin' daylight here. The price action in the stock would support the perception that venture investors have come to the determination that Axion's day has come & gone. We here may have information or educated guesses that this is a wrong perception but this is a game of follow the money even as the engineer in me says follow the best solution. Sometimes the best is not good enough. In sports parlance, the Major League has started spring training for the 2014 season while the front office is scouting for 2015. Our team may have Mantle, Mays, Ruth & Hunter but we haven't found the practice field.

    Sorry if I offend. Don't really mean to. It's just a reaction to the lack of information, dwindling time & growing PR.
    Mar 4 02:35 PM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 310: Mar. 05 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    >Mayascribe ... I would certainly hope Mr. Granville is not that naive or desperate. I could see shipping electrodes but to fabricate them within China is to give away the past decade or so of his life.
    Mar 6 10:38 AM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 300: Feb. 01 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    >D-inv ... OK, you're a thoroughly assailed victim. Give it a rest.
    Feb 2 01:17 AM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 243: June 11: Axion Power Reports First Quarter Results For 2013 [View instapost]
    YEAH !!!! Progress

    Axion now has ... finally ... Customer No. 1

    (or at least close to it. My definition is a sale to an end-user engaged in commerce and this is for another demonstration, test bed but I'm so dotty I'll take it as meaning ePower is serious about their product)

    YEAH !!!! Couldn't be more pleased.
    Jun 13 10:44 AM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 226: April 8: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
    >D-inv ... Axion doesn't "drop dead" on April 30. Best I can figure is it goes into hyper-austerity mode on that date. Call it a "run-out" which can go on for quite some time. If you're looking for a realistic "drop dead" date, I can't help you there very much. I'm guessing mid-summer and I'm not planning on it happening. I'll leave that to others.

    I am deeply disappointed with management allowing things to come right down to the wire. This is OK for a R&D company to do, but we now own, according to Mr. Granville in the last CC, an immature (emerging) commercial entity instead. If we are now supposed to evaluate Axion's performance as a commercial entity (sales, margin & balance sheet performance), this round of finance is, pardon the pun, a "Train Wreck". Can't possibly build confidence in potential customers that might forestall a purchase for the seeming inability to conduct business into the future.

    I've been quite happy with Axion as a R&D company and judging performance on that basis. This new metric ... I don't agree with Mr. Granville but I have to defer to his view. I don't know the inside story & reasoning, but am still hoping for the rabbit to be pulled from the hat.
    Apr 10 10:18 AM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 210: Feb. 20: Axion Power PbC Batteries Continue To Demonstrate Effectiveness For Railroad Applications Norfolk Southern [View instapost]
    >D.McHattie ... "So the AGM ... coupled with the supercap is going to deteriorate just as fast as ... without ...." And your point is what exactly? The supercaps can pick up charge from regen or alternator, start the car & last nearly forever in respect to the car. So the battery part won't work for its intended purpose for very long, which is not a problem because (as has been pointed out before) consumers will just turn the system off. Win-Win for battery manufacturers. Those few consumers that do insist on S/S working then battery replacement will work until these consumers press the issue. That could take years to gain traction and in the meantime (hypothetically) lobby hard to make sure S/S is not included into regulatory oversight ... like vehicle inspection or some sort of post purchase mileage requirement/study.

    Without someone, like a BMW, standing up saying it works and implementing it into a model line, I think Axion is frozen out. To date I can't even hear the crickets chirping over the deafening silence. Axion needs a customer. I don't care who that might be.
    Feb 22 03:46 PM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 346 July 03 '14: Share Reverse Spilt And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Axion tries to sell a battery, which it is, and incidentally has an integrated supercapacitor when marketing ought to push the supercapacitor, which incidentally is attached to a battery (but we won't mention that). There is no difference in the device but a world of difference to an ignorant investing public that is looking for New Technology.

    Then Maxwell might be recognized of Axion's competition by the public, not Exide or A123. Wouldn't change a thing except perceptions
    Jul 3 11:40 AM | 16 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    I'm not sure I can stand the excitement. If we weren't bottom-feeders but more like Tesladors the stock would be up by huge percentages by now.

    Overall I think this is one of the most informative CC's I've listened to.
    May 16 11:29 AM | 16 Likes Like |Link to Comment
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