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InsuranceDude

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  • 8 Breakout Stocks In Energy Storage [View article]
    Much has changed, much remains the same. Patterns repeat.
    Jan 29 10:31 AM | 1 Like Like |Link to Comment
  • 8 Breakout Stocks In Energy Storage [View article]
    Back to financing--how can you say there is no urgency to raising money before the end of the first quarter. You cherry-picked a watered down paragraph from the latest 10-Q while skipping the "Going Concern" paragraph:

    "The financial resources of the Company will not provide sufficient funds for the Company’s operations beyond March 31, 2013, as those operations currently exist. Subsequent funding will be required to fund the Company’s ongoing operations, working capital, and capital expenditures beyond March 31, 2013. No assurances can be given that the Company will be successful in arranging the further funds needed to continue the execution of its business plan, which includes the development and commercialization of new products, or even if further funding is available, upon what terms. Failure to obtain such funds on terms acceptable to the Company’s management will require management to substantially curtail, if not cease, operations, which will result in a material adverse effect on the financial position and results of operations of the Company"

    It is very plain that they need money to continue beyond March 31st. Those are their own words.

    They added in the RISKS area:

    " RISK FACTORS



    There is an addition to the risk factors disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2011 as follows:



    Our business may not be able to continue as a going concern and we will need to raise additional capital to continue operations beyond March 31. 2013.



    We believe that our current financial resources will support ongoing operations, working capital, and capital expenditures through the first quarter of 2013. However, we will not be able to continue operations beyond March 31, 2013 without raising additional financing"
    Jan 25 10:38 PM | 3 Likes Like |Link to Comment
  • 8 Breakout Stocks In Energy Storage [View article]
    I suggest anyone who is looking at AXPW go through any of the 295 Peterson articles that include AXPW and see for yourself how it has played out. It's all there. You can read about the previous financing and see the same comments you see today. Lather. Rinse. Repeat. You can read the comments below the articles as well. You will see the same questioning>>att... abuse cycle you see now. Do your own due diligence.
    Jan 25 05:12 PM | 3 Likes Like |Link to Comment
  • 8 Breakout Stocks In Energy Storage [View article]
    Exactly--there is great uncertainty surrounding the terms of the financing that is definitely coming. It is a huge unknown. Financings done by companies with penny stock prices can be quite damaging to the stock price. Keep that in mind people.
    Jan 25 02:12 PM | 5 Likes Like |Link to Comment
  • 8 Breakout Stocks In Energy Storage [View article]
    Don't forget the headline about the significant dilution that will happen when they go to raise money. They have 2 more months till they run out of money. They have a 30 cent stock(now). I think the most significant headline wil be how many shares(warrants, converts, or ???) are sold at what price and under what terms. That is what matters most to someone thinking about buying the stock now.
    Jan 25 01:47 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 191: Dec. 26: Latest News [View instapost]
    I can't stand not replying to Mr. Investor. For your information, I posted an exact number of shares I would be selling(106,237) on HT Loves blog the night before I sold them. I also posted that I would be selling them at the open. I also posted when the trade was complete. There is your reality check. Truth hurts tool.
    Dec 28 08:41 AM | 2 Likes Like |Link to Comment
  • AXPW: Intra-Day Trade & Buy:Sell Inflection Point Charting 12/15/2012 [View instapost]
    ...and HTL, could you inform the tools on that concentrator that once again are calling me a liar that I indeed told you I was selling 106,237 shares BEFORE I did it. I know they find it hard to believe, and I am sure the apologies will pour out of their loving pie holes, but nonetheless, I told you last night, I put the order in this morning for all to see, and it sold.
    Dec 27 07:19 PM | 1 Like Like |Link to Comment
  • AXPW: Intra-Day Trade & Buy:Sell Inflection Point Charting 12/15/2012 [View instapost]
    All out with a few spare coins in my pocket.
    Dec 27 09:47 AM | 2 Likes Like |Link to Comment
  • AXPW: Intra-Day Trade & Buy:Sell Inflection Point Charting 12/15/2012 [View instapost]
    No worries HTL. Like I said in the other board, I thought you a decent person. I offered the info so you could tweak the results you are seeing.

    As to your question, I bought a small position based on preliminary promising info on the technology. I had searched around the battery space for my personal needs for some time. PbC looked like a great idea on paper, and the price was plumbing the lows. I had confidence the price would not drop since JP was cranking out "supportive" articles and comments at a furious pace. I figured that was timed to coincide with some upcoming offering. However, I am now uncomfortable with the whole mess. If I am lucky, I will be out this morning completely.
    Dec 27 08:49 AM | 1 Like Like |Link to Comment
  • AXPW: Intra-Day Trade & Buy:Sell Inflection Point Charting 12/15/2012 [View instapost]
    HTL--let me help you out a bit since it seems you are trying to do a good thing here(disregarding your jabs at my authenticity). I am not sure how you do your buy/sells, but today I sold 125,560 at .29. That 74,500 was part of my sale. If you want the exact trade by trade, I can give you that. Tomorrow after the open, I will have the remaining 106,237 for sale. Maybe knowing these things will give you some more insight into what is actually happening.
    Dec 26 11:29 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 190: Dec. 23: Latest News [View instapost]
    The switchboard at Exide in Georgia is automated. You are given the option to enter the last name of whoever you want to contact. I did that. It rang. He answered. He is not from this country. JP will know exactly who I mean.
    Dec 24 11:35 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 190: Dec. 23: Latest News [View instapost]
    I was referring to the "replace lead negative plates with carbon plates", not the additives. That suggests they have real world experience with PbC. They say the challenge is that it significantly reduces battery capacity and requires a second battery. Oddly, they leave out the section on the graph on cycling(supposedly one of the big positives for PbC).That leads to me to make another contact, but Johnson Controls is closed for the holidays. Before I am called a troll liar, call 414-524-1200 for yourself and listen to the recorded message. I will get to them when they return.
    Dec 24 10:57 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 190: Dec. 23: Latest News [View instapost]
    I'm sure it has been discussed here, but I found this interesting

    http://bit.ly/KqgDwO

    Start on page 70. JCI talks about Lead acid AGM + carbon, especially on page 78/79 where they present the positives and negatives. I wonder if they have changed their tune since 2011?
    Dec 24 10:36 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 190: Dec. 23: Latest News [View instapost]
    Of course you would John. You have already had my post deleted. Why? I schooled you and the investors on dilution. Your "lecture" was something a finance class would point to and laugh at. Your "lecture" should be removed--it is misleading to the uninformed. APH please remove that lecture.
    Dec 24 09:55 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 190: Dec. 23: Latest News [View instapost]
    I started digging some more on Axion on Friday. I started with ePower. Primitive website, no phone number. Bing led me to some articles about a $500,000 grant from the state of Nebraska to set up shop in LaVista. Lots of press, but nothing ever came of it. I can't even find if they took the money or not. Website says they are in Kentucky now. I did find a former employee to speak with, but there was no current useful info. Good guys, good idea, blah blah blah. I don't see much here but a handful of guys with a good idea, but far from anything productive in the near term. I won't hang any hopes for this one.

    I then went to Exide. I spoke with an executive. It was a very guarded conversation. The most I could get was that there are no burned bridges, the technology works great in specific applications, it does take and give a charge quickly, and otherwise I got the sense that it had been some time since they had thought of Axion.

    My goal is to find someone who is independent of Axion, Rosewater, Peterson, etc who will say to me that "yes we have tested these batteries, used them, they rock, we love them......" Next stop for me is Norfolk Southern. Stay tuned.
    Dec 23 10:38 PM | 6 Likes Like |Link to Comment
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45 Comments
23 Likes