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Amouna

Amouna
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  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Rick,

    Nor should they make it their focus! We see clearly by now that their sick attempt at "financial engineering" did not work as expected.

    How about they focus on business and try to get some batteries out the door?

    Also, they would be very wise to start hunting for a permanent CEO. Preferably an ambitious one who is hungry for success.
    Jul 2, 2015. 11:24 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    topcat,

    One thing I believe for sure: AXPW is going NOWHERE with the current people managing it. At best, it stays afloat a couple more years until it transfers IP and technology to it's Chinese counterpart.

    In this life, one can't base an investment strategy based on hope. When facts change, so will my thesis.
    Jul 2, 2015. 11:15 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Mr I,

    Agreed. The end of deluge of stock minting is nowhere in sight yet!
    Jul 2, 2015. 11:02 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    I don't mind the OTC. IN fact, I thought the NASDAQ up-listing was way too premature and smelled like a desperation act to put "lipstick on a p*g". Fundamentals, sooner or later, always catch up with you...
    Jul 2, 2015. 10:53 AM | 1 Like Like |Link to Comment
  • How To Invest In Robotics: The Opportunities By Sector [View article]
    Dear Author,

    I beg to differ on EKSO. The author of that negative piece on SA made it abundantly clear - and I read the article all the way through- that much of the supposed collaborations EKSO mentioned were not confirmed by their counterparts. A big red flag in my opinion.
    Jul 2, 2015. 05:46 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Aviator,

    With all due respect:

    ".....Convenient of you to ignore that former Director Petersen put a million dollars of his own cash into Axion common stock."

    How do you KNOW for sure that he had a million USD in AXPW? Because he TOLD us on this board? Hahaahahahahahaha

    If I had a dollar every time I had listened to what people say I would be rich now...

    I NEVER trust 100% what an anonymous person (or for that matter, a physical person) tells me that can't be verified. The Axion saga just re-confirmed that truth to me.

    Actually, I am thinking about getting it tattooed on my arm, so as NEVER to forget it!
    Jul 2, 2015. 05:42 AM | 5 Likes Like |Link to Comment
  • Shares Of First Majestic Silver Are Becoming Attractive [View article]
    I follow First Majestic and might initiate a position in the next few weeks. First, I believe we will see a large tumble in silver futures prices that will lead to further selling/shorting of the stock. If I can manage to build a nice position around the 3-4$ price, that would be great!

    Nice analysis overall :)

    Thanks
    Jul 1, 2015. 07:11 AM | Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    I think he might have suffered a form of severe ADHD and couldn't focus the company to properly serve ONE market.
    Jun 30, 2015. 06:05 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    I wonder how events would have unfolded differently if he were to receive his package - besides his basic salary- all in shares. I bet he would have actually done productive work, instead of c**pping around for years collecting cash!
    Jun 30, 2015. 06:01 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Virtual,

    What I am certainly saying is that management IS FULL OF IT. They are - no offense- not very savvy to say the least, as they have proven numerous times in the past. They have found in Axion a comfortable retirement house where they can milk reasonable packages (imagine how far 200K a year goes in the New Castle/Pittsburgh area goes!) until they meet their not so glorious fate.

    I want a change to that. I want a team hungry for success, I want someone who will sacrifice for years living on 50K a year (very doable in the region) and build a great company. If that person ends up owning a huge chunk of Axion by the end of it, then so be it, as long as he makes something out of the company.

    What I am against is mediocrity. I hold myself to very high standards and beat myself repeatedly for that, so I am very angry and unwilling to cut slack to some guy who is in it just for himself!
    Jun 30, 2015. 09:50 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Bob,

    I am sorry for that big loss of yours. I lost big on this one too!

    Unlike you, I don't engage in short term trading because I am not good at it. I would also like to ask you, given that you may be a substantial shareholder, what you think of keeping Trego and Baker in place? They clearly failed us and I don't see why they should remain in management.

    On the other hand, I really don't see any talented person with battery/energy storage background wanting to become CEO of Axion without a significant package that includes a boatload of shares with a very favourable vesting schedule, but at least that would be a strategy to contemplate.

    I am curious to hear your thoughts.

    Best,

    A
    Jun 30, 2015. 07:56 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Freya,

    Without a smoking gun (evidence, and preferably written one) we just don't know and the law is unfortunately not on our side in this :(

    Just like you, I am convinced there was a material amount of deception at the top echelons of Axion, but there is no way to prove it!
    Jun 30, 2015. 05:40 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Bob,

    You emphasised a very important point: Axion will be kept on life support just long enough to assist in knowledge and technology transfer to its Chinese/BVI counterparts. After that, the plug gets pulled.

    How is Axion ever going to attract new talent and execute a turn-around in its sales strategy if it wants to be successful in domestic energy storage markets? Clearly we don't have the money for that, and that would also presuppose that some of the senior managers have to go, while there is no indication they will do in the short to medium term.

    This is why, in definitive, I think we legacy shareholders will be reduced to nothing before Axion effectively becomes an empty shell. Whichever way you see it, any scenario is bad for those who invested capital way back 4-5 years ago
    Jun 30, 2015. 05:34 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Rick,

    "We do know he likes to work with shell companies"

    This is EXACTLY the reason why I will not invest in AXPW at this junction. A deal with a shell company in the BVI in my opinion is 10 thousand times worse than Maxim's PIPERS. There is no legal recourse in case of problems, and China being China, I give the IP a couple years max before it is replicated almost to perfection on electrode assembly lines on the mainland!
    Jun 29, 2015. 04:38 PM | 1 Like Like |Link to Comment
  • The Future Of Uranium: 3 Major Takeaways From The 2015 World Nuclear Fuel Market Conference [View article]
    What's your take on Denison Mines or other Canadian producers?

    Thanks for the informative write up!
    Jun 26, 2015. 10:11 AM | 1 Like Like |Link to Comment
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