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Amouna

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  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Madness + luck = Genius

    Got to nail the "luck" part of the equation and voila!
    Sep 15 05:35 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Good luck Nicu! You must be either rich or very confident in Axion at this stage of the cycle. Sadly, I don't have your risk tolerance just yet ;)
    Sep 15 04:01 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Mrholty,

    To do all that I would think they need to hire more people. Do you think it is taken into account in their working capital projections?
    Sep 15 01:41 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    I agree Marshall. The dearth of news is of no comfort to me. This is the very scenario JP was so confident would never happen, but actually is exactly what is happening: the PbC is not - and likely will NOT get much love from the marketplace. Now the reason is to find why? If the VP of sales is not good, replace him. I stand behind every decision DDG would make in radically reshuffling the team if needs to be done.
    Sep 15 01:23 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    What I don't find encouraging is that I didn't see any reference to auto or RR on the prospectus, and this is the type of document you would want Axion to expand on these relationships. It is the second time they (voluntarily) forego mentioning them in an Sec filing. Could it be the these relationships are dying, or were never that strong to begin with and we just got ahead of ourselves for selling them a few batteries and pretending that they would do business with us? I sure was not the only one to sense that!

    Also, the language/style looks a lot more direct - especially on the dilution front- than usual :)
    Sep 15 01:01 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    http://bit.ly/1oQ7tM6

    New Sec filing. Raises a big big concern on dilution in page 10/20. The style is clear and this is not looking good boys. 10 million at a huge cost...
    Sep 15 12:18 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    This stock will be toyed around with for as long as there are no substantial news from the company, uplisting or no up listing...
    Sep 15 09:50 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    What shock ??
    Sep 15 09:43 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 364 Sep. 11 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Thanks for the great, lengthy post Wayne. Much appreciated.

    I am more on the side of "staying cautious for the time being until solid news comes out" as this is my modus operandi going forward. I DID have a leap of faith when I started putting money in Axion back in early 2011, but was overwhelmed by the relentless selling/abuse of the past 3 years to be really frank with you, so I guess I am forgiven for erring on the side of caution now :)

    I feel sorry for TG's health because I do believe he did his best to try get the PbC story some momentum, unfortunately it was just not meant to be. I am still willing to trust in the story - and this is the only reason why I am still invested- because I do believe we have a good product to sell and someone at the helm with good corporate experience whom I think has the skills to properly sell it. I guess time will tell!

    On those words, good night everyone. It's getting late here :)
    Sep 14 06:21 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 364 Sep. 11 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Given the huge financial damage the company has undergone in the past 3 years (thanks TG), I suspect the upper limit for the stock price in this post reverse split situation is somewhere between 60/70 and 100USD. I don't see the stock running up further than that, and to be honest I would happily take this scenario as the best that could happen.

    Of course, if the company gets sold to a larger battery group with strong financials, the PbC could add a LOT to the bottom line of whomever is willing to buy it
    Sep 14 05:16 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 364 Sep. 11 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    iindelco,

    I also don't think we should blame DDG for this mess. He took over at the time when money was running out and his predecessor's strategy to entice investors is clearly not working/providing any negotiation leverage if recent lack of news from New Castle is of any indication. He has to start by wiping the slate clean and starting over. In the meantime, 100 million shares have been printed...

    I sense we will get a very ugly financing, but at least this ship will get properly sailing at long last! The time to start dipping toes in Axion is now.
    Sep 13 05:20 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 364 Sep. 11 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Smart move D-inv. the big positive for me is the change at the top, although wish it were for other reason than illness. Also, I hope DDG is going to heavily scrutinise the performance of VD and others in terms of getting customers and building relationships. Axion is not a charity or a grave where execs who can't cut it somewhere else come to stay and get paid handsomely. You want to build a good company, you have to expect high performance standards from your employees. JMHO.
    Sep 13 02:13 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 364 Sep. 11 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Existing shareholders may have a lot of dry powder left on the side, but catching a falling knife is definitely not a smart move, plus frankly there is nothing that makes Axion a rational investment for the time being...
    Sep 13 12:33 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 364 Sep. 11 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    That's good news for Axion from the NS999 front. Whether it will lead to a more significant commitment from NS to Axion's product and the prospect of much larger sales is still open to question though.
    Sep 12 11:57 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 364 Sep. 11 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    The PbC has up to 30% less lead than a normal PbA battery. The retail may not like the idea of it, but here they have a battery that is "30% less toxic" so to speak, and is very cost effective.

    Although to be honest as long as Axion doesn't share any financial metrics about the PbC, it is difficult for me to take this cost effectiveness hypothesis for granted.
    Sep 12 08:01 AM | 6 Likes Like |Link to Comment
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