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Mayascribe

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  • Axion Power Concentrator 326: Apr. 24 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Kevin: Thanks!

    TG said -- In the frequency regulation market, the battery does not discharge much more than 30 to 35%. In this application, Granville says the chemistry is capable of hundreds of thousands of such cycles.

    Anyone who has been following this blog closely knows I have had a long term beef for years now about how many light duty cycles the PbC can endure. Previously, we have only heard of 100,000 LD cycles in regards to the automotive industry.

    I have numerous times here in the APCs wondered aloud why there was no info about how many light duty cycles the PowerCube can endure. Reading 100s of 1000s cycles is comforting, if not exhilarating.

    Until your link, there was only hearsay. Thanks again.

    Plus...this is also good, no great news for stop/start, ePower, and also for both the 999 and hybrid locomotives.

    Huge news! Simply huge...finally!

    Thanks again. 100 Likes!

    Maybe we surge to .1555 tomorrow ;-)
    Apr 24 10:05 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Gosh, I don't know RA. I guess tossing away so many things of memory and importance to me in my own past life tomorrow summoned forth such an obtuse analogy.

    But here's the weirdest, strangely fun item I found this late afternoon in a little tin box, while trying to collapse my locker contents. A gold ring that reminded me of the "Lord Of The Rings," ring. Where TF did that come from?

    We've beaten the big "uglies" back. Now what?

    Expect to have little people with big, hairy, splayed feet aiding me against the knights of darkness riding atop giant black grunting horses chasing me all over the place in my dreams tonight. ;-)
    Apr 24 09:25 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Thanks, RA. I do (sort of) understand goodwill, but I guess I've always viewed how much some firms have on their balance sheet as suspect. But I do get it. Studied accounting in college, and later in life my accountant included goodwill on my restaurants' balance sheets for the latter years I owned them, because sales were most always growing YoY. Thanks again. On the other hand, intrinsic value...

    The coolest item I found in my locker this afternoon that I didn't recall owning, was a 1964 Phillies World Series ticket in pristine condition; of course the Phillies never made it. $12.50 for a lower level box seat! That unused ticket remains emblematic of one of the greatest (or worst) late season meltdowns in modern sports history.

    Anyway, it looks like we're walking the Great Wallenda's 15 cent tightrope, for now.
    Apr 24 08:40 PM | 1 Like Like |Link to Comment
  • QuickChat #270, April 2, 2014 [View instapost]
    Another MLP buying opportunity? EagleRock (EROC) just announced suspension its distributions. Down almost 18% from yesterday's close.

    On top of that, yesterday, HedgEye announced they are going after Atlas Pipeline (APL) and Atlas Energy (ATLS).

    All of my MLPs are down today (I don't own either APL or ATLS).

    APL is down (only) about 60 cents from yesterday.

    ATLS is down around $2.00 from yesterday's close.

    Apr 24 02:49 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Stephan: Me, too. Sometimes I think of Axion as a meandering river that over time has changed its course, with lots of "oxbow lakes" of past potential left behind.

    And near those lakes grow fruit trees. But now we've grown up, only to learn of that some of that "low hanging fruit" has turned into dried peaches and prunes.

    Getting very close to figuring how to downgrade what my definition of "significant" means. I guess that's why I now hold shares for trading, and not investing long.
    Apr 24 02:25 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Thanks, RA! Still all nebulous to me. Effective as me punching a cloud trying to nail these sorts of murky valuation accounting methods down.

    But oddly, this morning, I took a lot of stuff to Goodwill out of my Pitts. locker, of which I'm here clearing out right down to my old trophies, high school varsity letters, and soiled furniture clothing from years of storage. 1-800-GotJunk arrives tomorrow.

    That kind of Goodwill I can comprehend.
    Apr 24 01:44 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    HTL: Is that why Axion just sold some 70V chargers to Norfolk? To get us "TO" the station?
    Apr 24 01:29 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Since all of you most excellent "gumshoe-ers" have figured my mystery paragraph out, below is the link to the entire article.

    By the way, I discovered this little historic gem when I was searching for how Axion was doing with the military, and stumbled upon the Army's "TACOM" project.

    In any case the article was released on Feb. 21, 2008, and for me was much fun to read:

    http://reut.rs/1rpyQPU

    ####

    I really wish I could award all of the participants in this little game some MayaCoins, but the encryptions to these forthcoming e-coins with a potential future of being worth $1,000,000 + each were cyber-hacked and stolen before I could make them available to the general public.
    Apr 24 01:15 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    No! But when I was posting that mystery paragraph, I figured you to be on the inside track toward knowing the date and month.
    Apr 24 12:58 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Stephan: You bagged the cyber-cookie award for Best "Twisthumorous" Answer! How sardonically funny.
    Apr 24 12:56 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    RA: The engine of that supposed train leaving the station is so old it needs to be sent to Juniata to be rebuilt ;-)
    Apr 24 12:46 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    topcat: (I loved that cartoon!) Thanks. And please link the next edition of that article.

    Intrinsic value is perhaps the most nebulous valuation method that I will never, ever, ever even partially comprehend. Several years ago I recall once looking at JCI's "goodwill" line on their statement, and it was in the mega billions. How was the intrinsic value of that determined? The pundits back then were having a field day with the valuation.

    Then there's the every so often debate of the intrinsic value of gold. No one knows.

    We can infer that Axion's intrinsic value is around 47 or 48 cents, just by dividing the total dollars so far invested in Axion, around $100M and then dividing that by ~ 213M outstanding shares (or is it 221M shares?). In either case that doesn't include any forward guidance or expectations for revenues and profit, which those amounts could be all over the map over the next couple or three years.

    I think Al Marshall's (most excellent) forward guidance predictions are perhaps the best to any yet written here on the APC about what to expect going forward.

    For any credible valuation as far as "intrinsic valuation" goes, what we need are predictable recurring sales (plus hopefully someday a back log of orders) that can then be extrapolated toward future EBITDA predictions. Like Norfolk will require 50,000 batteries over the next two years, or ePower will be buying (or brokering with their kits) 25,000 PbCs in 2015.

    Apologies that I can't do better.
    Apr 24 01:22 AM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Let's have some fun!

    Take a guess as to what month of what year the following paragraph was released (I'll provide the full article link with date on Saturday or Sunday):

    --In addition to Axion's efforts to develop PbC Ultracapacitor solutions to existing and emerging military applications, Axion has begun work on a complementary project to replace the nickel metal hydride battery systems in a
    pair of Honda Civic hybrids with a less expensive and comparably sized PbC alternative. Testing protocols are being finalized with Penn State and will include data from upwards of 100,000 miles of road tests. In the second phase
    of the hybrid project, Axion will add Toyota Prius and other vehicles to the test regime. Commenting on the hybrid project, Tom Granville said, "The first hybrids are now reaching the point where the owners will need to replace their
    battery packs at significant cost. We believe we will be able to offer a comparable PbC alternative at significantly lower cost."

    Apr 24 12:54 AM | 9 Likes Like |Link to Comment
  • QuickChat #270, April 2, 2014 [View instapost]
    D-inv: Thanks! SXL has been a gem performer for me.
    Apr 23 03:59 PM | 2 Likes Like |Link to Comment
  • QuickChat #270, April 2, 2014 [View instapost]
    SM: I, too, read Crichton's "Timeline" many years ago. Pretty good novel, and I will always remember the "misplaced glasses," during medieval times. There was a movie made from Crichton's book.

    DiCaprio's futuristic "Timeline," which was one of his few duds, was about accumulating time through any legal or nefarious means, to be able to live beyond 27 years old. In short, DiCaprio won something like 1000s of years of life (or far more) in a high profile poker game, the winnings from which he managed to break the "Timeline Bank."
    Apr 23 03:54 PM | 2 Likes Like |Link to Comment
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