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iindelco

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  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Thanks Rick. Makes sense. On the not impossible side, GM's recent BK. They dumped a ton.
    Apr 16, 2015. 01:24 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    RA, I think that TG's poor communication skills and failure to deliver on his hints again and again turned into a cancer for Axion. He couldn't deliver information so you knew what was going on and he also failed to communicate in an acceptable manner the levels of progress that were being made on a business plan. Maybe grasping at targets too far down the road made it look worse? I don't know. But his communications and subsequent updates sure did stack up well in the failure pile very nicely.
    Apr 16, 2015. 11:29 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    RA, From the time of the raise prior to the latest Axion has not advanced the company one inch. How many times do you expect anyone to give them more money without results?

    And by the way. As I indicated none would give them any money some time ago. Only some shark in the Caymans that was assured scrap value.
    Apr 16, 2015. 11:11 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    The contract offered and signed for the latest raise was no different than its predecessor. The terms were to allow the new investors a pretty much risk free darn good return all on the backs of the prior investors. No more no less.

    The damage done by these set-ups could have been reduced immeasurably if Axion delivered something of value. Which as we have seen they did not.
    Apr 16, 2015. 10:48 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Why why I'm aghast. Didn't the B holders get the message about slowing down their sales? How can they go against the needs of leaders like Trego and do such a thing? No respect for his superior financial skill set!
    Apr 16, 2015. 09:41 AM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Jpau, Pretty sure in a BK assets can be bought after stripping off the liabilities. In other words a la carte.
    Apr 16, 2015. 09:38 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Thanks RuggedDC. That helps as I wasn't all that interested in digging through the thing myself.

    BTW, That's about the fairest most open update I've seen from Axion. I guess the curtain has been pulled back.
    Apr 16, 2015. 01:00 AM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Yeah, That's the same as saying please stick the knife in deeper and spin it a little faster so it doesn't hurt so much.

    Then again, what's he going to say? He didn't create this mess.
    Apr 15, 2015. 08:44 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Rick, Thanks. Thus my point on different motivations. Could be some of the B's are going to go for the gold. Or is that the black?
    Apr 15, 2015. 03:55 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Right. However if you think the tech. is worth something, I sure do, then it depends on your motivation and investment time frame. I bet there is at least one Chinese entity going after more than cash.
    Apr 15, 2015. 03:35 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    "...the B-boys certainly have had an opportunity to dump everything."

    Err to a point.

    I wonder how many will hold on to their B's thinking they can get a special pound of flesh.

    If a B can convert to cash under certain circumstances does it stand in front of common in a BK? Is it more like debt?
    Apr 15, 2015. 03:31 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    No wonder he was still trying to hold on as a contractor after his "illness". Probably figured he could get one last blood feed off his host. A Granville grubstake. Get down there and win it all back. I think I can, I think I can......

    Have no problem with the guys sport of relaxation but bouncing checks shines a whole new light on who he most probably was. Not exactly what bag men should be striving for.
    Apr 15, 2015. 03:06 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    User 39, Thanks. Yeah I could see where the seal designs in the case and around the terminals might be a slight challenge at these elevated temperatures. Don't know what other factors might be involved as well. Gotta think there might be some good pressure differentials involved with all the different rates of -expansion/contraction when the cells are thermo-cycled.

    I remember engineers struggling with sealing in vehicle DC motors for some time. Solutions ended up being sealed rubber bladders and also there are some more recent materials that will pass gasses but resist water intrusion. This was used on a last generation Valeo application. But these were not at such high temperatures and were not near the same application obviously.

    One also has to wonder about purity levels of the intended alloys. Saying Zn as an example is one thing when it comes to cost for corrosion resistance and possibly quite another in an electrochemical device. And the costs of these materials can swing wildly. I remember GM having to change a couple high volume castings from Zn to Al in the 2006-7 time frame as the cost of Zn spiked. Al was better for strength, weight and less creep under load but was never used prior due to cost (energy efficiency was still not as much a focus in the market). Spent hundreds of thousands on new tools and vehicle market collapsed. Ouch. Ahhh automotive. :)
    Apr 14, 2015. 06:52 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Edmund, About a million USD at this round. Not much for sure. And if you think about the sum of money called out in this article it looks like the NS 999 was to suffice as the test platform for yard and OTR locos at this time. Certainly not enough funds to build a road unit as well.

    http://bit.ly/1b33uX7

    http://bit.ly/1CXkVDQ
    Apr 14, 2015. 06:12 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Albert, Seems it's wise to be skeptical with all things Axion. Wish that was more apparent to more of us years ago.

    Relative to the OTR locomotive. Why spend more for two test units when you can learn much of what need to know from one unit. Maybe it would have been faster but it sure doesn't appear NSC is in a hurry. That's for sure.

    One other point. Even with this path, the government and NSC have invested quite a bit of money on the concept. And I'm sure, like with any other company, they have more opportunities that they have funds.

    BTW, It would also be interesting to see some results of their Corvus Energy testing with the lithium ion battery for locomotives. I've seen nothing on this portion of the program. But I am cautious because we know what it appears the government thinks about lithium based chemistries vs Pb. <Brings up phlegm from back of throat and spits while saying Pb.>

    All and all it's just an interesting thing to watch since Axion is toast for those not advantaged by the Trego stupidity.
    Apr 14, 2015. 05:07 PM | 4 Likes Like |Link to Comment
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