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WayneinOregon

WayneinOregon
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  • Axion Power Concentrator 334: May 17 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC [View instapost]
    Anybody else believe Friday’s cc has likely given the pps a pretty solid floor for the time being? ISTM the primary drags on the pps and market cap for the past 2-3 years have been lack of sales, lack of good news, and less than desirable (toxic) financings. I thought a pretty darn credible roadmap was laid out on how these drags will likely start to be alleviated in the coming weeks and months.

    I’ve long thought that Axion’s Mkt Cap would be at least $100M if not for these drags. So I have to believe that if potential investors watching Axion start to believe in this roadmap, then we’ll start heading toward that $100 Mkt Cap. Which would of course lead to over a 100% increase in share price from its current level. BTW, there were over 22K clicks on Axion’s Q1 transcript. — http://bit.ly/1qMoGM8

    In response to the poll about whether it would be trucks, trains or PC developments that will be first to lead to a doubling of the pps, I would say none of the above. I think instead the pps will double as a culmination of events start to occur and more and more investors begin to believe in the entirety of the roadmap. Regarding the RS and uplisting to the NASDAQ: If they happen, I’m of the opinion that they will turn out to be very good moves.

    So at this time, I feel a pretty solid floor is set, and the pps will either trade sideways or go up in the next few weeks/months. I would be awfully surprised if the NS rollout doesn’t take us to at least .20. And I expect a few surprises along the way that will help boost confidence. And if we can get any kind of momentum going, it could likely feed on itself. The higher the pps goes, the less the fear becomes about this fall’s capital raise. And let's not forget the PIPRs are gone!
    May 18 03:33 AM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 334: May 17 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC [View instapost]
    The quotes below are from the interview with CEO Tom Werner of SunPower, from the article linked above by dlmca:

    "I didn't expect to be here for 11 years and counting, but it's been a hell of a ride. In six years we went from roughly $5 million in revenue to over $2 billion. ...... Storage is like where solar was 10 years ago."
    May 17 10:58 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    TG's comments on the toll contract. Interesting how he talks about Axion pulling the plug, and not the other way around. This is something I've been a bit nervous about, but am breathing a bit easier with some of this clarification.
    --
    "It's phasing out in the general sense, but they’ve given us some specialty work to do, and we’re still looking at some of the aspects of that specialty work to see if we want to take that on. We’ve already taken some of it on. It's different than what we’ve been doing. It's a space allocation issue and so it's something we’re direct addressing on an ongoing basis.

    But it was always the plan as I had mentioned before to phase that out and get in to PbC the more profitable mix in what we’re really all about. So, it's something that they’ve been cognizant of that some day we were going to pull the plug. So, we’re jointly addressing that and ramping down appropriately."
    May 16 04:01 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    I thought the last sentence in this paragraph was noteworthy:

    "After the sale of our first unit back in October of 2013, I traveled to New York and met with this group and subsequently identified a dozen buildings from this group’s ownership portfolio that would be good candidates for solar storage and frequency regulation. The four units we’ve sold to them will be installed in four of those 12 sites. This same entity manages numerous other properties that could also be candidates for the same cookiecutter install of 500kw worth of batteries and 500kw to 700kw of solar."
    May 16 03:44 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    My expectations were fairly subdued going into the cc, so perhaps it's not a big surprise that they ended up being surpassed. It was great to hear about NS rolling out in early June.

    But I'm really piqued about the PC potential, which seems almost limitless. Ever since I heard about it's amazing ROI of ~3 years, I kept thinking it would be a great investment (was even wanting one of my own). To hear that investment firms (plural noted) are now interested in it is music to my ears.

    Threat of a PIPE like financing seems off the table. I have to wonder if the pps could actually go up if favorable financing is arranged. --- +20K
    May 16 01:15 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Yes, nice to be be heard! --- I was also encouraged by TG, in his closing statements, thanking investors for sticking with the company, and even extending a few words of "appreciation". AFAIK, this is a first, and certainly appreciated by me.
    May 16 12:11 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    I thought TG saying they were "forced" into the PIPE deal was an interesting choice of words. A lot different from last year when he announced Axion felt "fortunate" to have secured the PIPE financing.
    May 16 11:53 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Thanks FPA, I had enough time to edit it to APH. I would love to know who the real APH is.
    May 15 01:53 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Interesting discussion on the quality of the APC. I myself think it would be awfully hard to find a better balance than what’s been achieved here. Some cringe at what they consider undue and unnecessary “negativity”; others cringe at what they consider unrealistic “pollyannish” perspectives. Sometimes they let each other know how they feel in a less than polite manner. I suspect the respect everybody has for our Axion Power Host is a factor in keeping things as civil as they are. (Thanks APH for your steadfastness in your role as host of this sometimes contentious blog).

    Having been on both sides of this, I’ve come to appreciate literally every comment that’s posted here. I’ve even come to smile and appreciate Johhny Rambo’s contributions (though I have to admit they irritated the hell out of me when I first came across them). The exceptions to posts I appreciate are when they become a little too sharp and a little too personal, which sometimes understandably leads to hard feelings. But I also find it heartening when both sides attempt to patch things up.

    In this regard, I took heart from some exchanges this morning on APC 331 between JP and Rick. [http://bit.ly/1g92hE7] Boy, can they snarl at each other! But it’s clear from their exchanges this morning the great deal of respect they have for each other. I was happy to see that, as I find their posts and exchanges to be very informative and even fascinating.

    If I have any “beef” these days about the APC, it’s about some of the comments being made about dilution resulting from an RS. I find many of them to not only be unclear, but often annoyingly incorrect. But that’s just me. Perhaps this APC blog is not so much about exchanging important information about Axion business and investment possibilities as it is about learning to let others be who they are, and not let slights get out of hand so that mole hills are turned into mountains. — Thanks again APH for all your efforts. I consider this APC to be a gem.
    May 15 01:43 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    OT --- I thought this was some pretty amazing video:

    Cat Saves Little Boy From Being Attacked by Neighbor's Dog

    http://abcn.ws/1oQL5U2

    The ABC News version doesn't show how severe the injuries were. This YouTube version does (at the .44 second mark).

    http://bit.ly/1oskWO1
    May 14 09:17 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Maya, not to put too much stock into what TG says, but I seem to remember him saying NS planned to roll out the 999 in the second quarter. I'm looking forward to hearing an update on this on Thursday.
    May 13 03:30 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    ABCD, welcome to the APC forum. I'm somewhere between you and Ranma on the odds analysis. Just added 5K.
    May 13 01:17 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 329: May 03 '14: Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Norfolk Southern: Low Risk/Big Profits Down The Line

    http://seekingalpha.co...

    Summary

    The current project in the Panama Canal will result in increased revenues for Eastern railroads.

    Manufacturing shifts to the Southeast will increase rail traffic in the region.

    Demographic shifts will serve to fuel railroad profits in the Southeast.
    May 5 01:49 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 329: May 03 '14: Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Two references this morning to the need for additional sales personnel; just makes me want to scream that management doesn’t seem to consider it a priority. $100K was doled out a year ago for bonuses, apparently because they considered it a far higher priority than investing in their sales efforts. I can only assume the second round of these annual bonuses has already been disbursed. Tells me a lot about their priorities, which rankles me. I don’t believe I’m suffering from some kind of Stockholm Syndrome however, although I may be suffering from a "TG Priority Syndrome".

    Regarding the R-S situation, it seems there are shareholders here who are inclined to sell their holdings if the R-S is approved, and those who are inclined to sell if it isn’t. Both sides present compelling reasoning for their cases. Seems the simple solution that would satisfy just about everybody is to go ahead and pro-rate the share authorization totals. Just do it. And do it RIGHT NOW, so that it doesn’t continue to simmer and weigh on shareholder sentiment.

    Regardless of whether this happens, I intend to vote for this R-S authorization. As much as TG’s bonus policy and questionable priorities are a bone of contention for me, it feels like I would be cutting off my nose to spite my face by voting against the R-S. I won’t be doing it for him however, I’ll be doing it for the BOD (who voted unanimously to seek it, and who I trust more than TG), and for Axion shareholders. I believe the odds heavily favor good things happening soon, and that holding up the R-S efforts would be an unnecessary hindrance to that. So I vote Yes (200K).
    May 5 12:57 PM | 13 Likes Like |Link to Comment
  • High Frequency Selling [View article]
    Reagan in 1980 ran on the campaign promise of significantly higher defense spending, lowering of tax rates by 30%, and balancing the budget (described by George Bush as voodoo economics). In short, he was promising something for nothing. Since then, this philosophy (with huge budget deficits) has become pervasive and taken over most political thinking in both parties.

    It was about this time that Wall Street, almost in parallel, went from being an integral part of American economic growth and investment, and became parasitic in nature instead. HFT is just the latest twist on skimming (scamming) the cream off the top of the American economy.
    Apr 7 08:16 PM | 1 Like Like |Link to Comment
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