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aseflong

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  • Axion Power: A Battery Manufacturer Charging Forward [View article]
    The only hope that remains is the Chinese company who bought over rights to set up a factory to produce PbC in China. I sure do hope something comes out of this.
    Aug 10, 2015. 12:13 AM | 2 Likes Like |Link to Comment
  • MRI Interventions' (MRIC) CEO Frank Grillo on Q2 2015 Results - Earnings Call Transcript [View article]
    It is tough to be invested in MRIC. It has a great asset in ClearPoint. But it is awfully hard and slow to introduce a groundbreaking technology to the market. But I am still hopeful as long as there isn't excessive dilution before breakeven occurs. So the CEO should be commended upon for bringing down R&D cost and reducing cash burn. Let's hope to hear more positive news in the next and coming quarters.
    Aug 5, 2015. 10:13 PM | Likes Like |Link to Comment
  • MRI Interventions' (MRIC) CEO Frank Grillo on Q1 2015 Results - Earnings Call Transcript [View article]
    If the latest two hospitals using its ClearPoint system is anything to go by, I think MRIC will go places sooner rather than later. Read the quote in the latest news item again: "We performed a successful stereotactic laser ablation on a 22 year old presenting with medically intractable seizures," said Dr. Paul J. Camarata, Associate Professor and Chairman of Vascular and Skull Base Neurosurgery. "Utilizing the ClearPoint System for this amygdalohippocampectomy allowed us to precisely, with sub-millimetric accuracy, provide this life changing treatment to our patient and improve her quality of life. The patient is still seizure free at 3 months," said Dr. Camarata.
    The patient is seizure free for 3 months and counting!!!
    Jun 24, 2015. 10:02 PM | Likes Like |Link to Comment
  • MRI Interventions' (MRIC) CEO Frank Grillo on Q1 2015 Results - Earnings Call Transcript [View article]
    That was a good trade. I am not that good at market timing. Best of luck to you.
    May 9, 2015. 12:31 AM | 1 Like Like |Link to Comment
  • MRI Interventions' (MRIC) CEO Frank Grillo on Q1 2015 Results - Earnings Call Transcript [View article]
    CEO, Rome was not built in a day. Give credit when it is due. The new CEO Grillo is performing well. After a pause in 3q 2014, the disposable products revenue, the best indicator of market acceptance, has resumed 20% qoq growth for the last two quarters. If this growth rate persists throughout this year and next, MRIC will breakeven in the second half of 2016. Then if you have not bought enough of MRIC, don't say you have not been warned "There will be no turning this stock back."
    May 1, 2015. 10:46 PM | 1 Like Like |Link to Comment
  • Axion Power, A Deep Alpha Opportunity With A Clear Timeline [View article]
    John. Judging by the huge volume over the last seven trading days or so, it would appear that people still believe in Axion's PbC battery. But it has been a long time since the company has announced a new commercial sale. Do you think that is due to customers' apprehension about dealing with a company that might go under? Will ePower be placing an order any time soon?
    Apr 27, 2015. 12:58 AM | 2 Likes Like |Link to Comment
  • MRI Interventions: Brain Mapping Of The Future [View article]
    CEO. The q4 2014 disposable product revenue is $704k. Taking $7.3k as the cost of one dp, $704k works out to be 96 procedures per quarter or 32 cases per month. It doesn't seem impossibly difficult to raise the number to 39 cases per month. The new CEO is emphasising on peer to peer marketing. He has planned for a Lunch and Learn session for neurosurgeons to hear it from three of their colleagues. If there no technical reasons for MRIC's ClearPoint to fail, then increasing its adoption rate is a matter of time. Perhaps more people are coming round to that point of view and hence the recent rise in MRIC's share price, perhaps?
    Apr 22, 2015. 11:32 PM | Likes Like |Link to Comment
  • MRI Interventions: Brain Mapping Of The Future [View article]
    The last quarter report shows that disposable products revenue is up 22% qoq. The latest update: http://bit.ly/18FDZyv suggests that ClearPoint is a significant development. If the 20%+ can be sustained in the next several quarters, then MRIC will be on its way to breakeven in 2016. The new CEO came from ISRG, a robotic surgery setup, which derives its main income from appendicitis operations. I think the CEO came in for the ClearPoint platform. At the earnings call he mentioned that his focus is ClearPoint and not ClearTrace which will be many years away.
    Mar 13, 2015. 11:12 PM | Likes Like |Link to Comment
  • MRI Interventions' (MRIC) CEO Kimble Jenkins on Q3 2014 Results - Earnings Call Transcript [View article]
    I can understand the frustration of investors in the slow adoption of the ClearPoint technology. But it is being adopted: http://bit.ly/18FDZyv
    That is the price in investing in a new technology. The gestation period can be long and testing. Look forward to seeing another 20% increase in disposable products revenue in the next quarter.
    Mar 13, 2015. 12:09 AM | Likes Like |Link to Comment
  • MRI Interventions' (MRIC) CEO Kimble Jenkins on Q3 2014 Results - Earnings Call Transcript [View article]
    CEO. Why do you think it is going to be ugly? In the q4 report, it registered a 22% increase in disposable products revenue for q4 over q3. I thought the performance is commendable. If they cam keep this pace up, then MRIC coould breakeven by q1 2016. If the new CEO is what he is made out to be, given his previous background at ISRG, then he should improve on the 22% qoq growth rate.
    Btw, there were about only two analysts at the earnings conference call.
    Mar 8, 2015. 10:37 PM | Likes Like |Link to Comment
  • MRI Interventions' (MRIC) CEO on Frank Grillo Q4 2014 Results -- Earnings Call Transcript [View article]
    It is heartening to note that the disposable products revenue had increased 22% in Q4 from Q3. If this rate of increase is sustained qoq through 2015, then the company will breakeven in Q1 2016. I am happy to note that the new CEO is focusing on increasing the rate of utilization per installation. So the CFO's comment on being cash flow positive in 2015 may come to pass.

    I do hope his "peer to peer" marketing approach that worked well at ISRG will work for ClearPoint. It is important not to be distracted by ClearTrace. MRIC need to stay focused and develop one product at a time. ClearPoint must generate income to finance the marketing of ClearTrace down the road.
    Mar 8, 2015. 12:28 AM | Likes Like |Link to Comment
  • Axion Power: An Extraordinary Nano-Cap Opportunity [View article]
    The downward slide in AXPW shares may have been caused by low crude oil prices. Low crude prices will make solar energy not competitive; hence fewer solar projects will mean fewer PowerCubes. Stop/Start systems based on PbC or Li will not pay off at low gas prices. Even ePower drive trains will have a longer payback period. BUT if you don't think that crude oil price will not stay low for too long and you have spare cash then AXPW is a great long shot. So can crude stay low for long? Unlikely. The economies of many countries need higher crude prices to stay afloat. Not least the major oil exporters like Saudi Arabia, Iran, Russia etc The shale oil industry of US and Canada needs a much higher oil price to survive.
    Jan 28, 2015. 12:11 AM | Likes Like |Link to Comment
  • MRI Interventions' (MRIC) CEO Kimble Jenkins on Q3 2014 Results - Earnings Call Transcript [View article]
    CEO. Your calculations are correct. Prior to the 4q, MRIC had been growing DPR (disposable product revenue) at the rate of 16% qoq. So I guessed that targeting a growth rate of 20 to 25% qoq should be achievable by Grillo who had all this experience in marketing ISRG's Da Vinci system. He should be familiar with the processes and contacts in hospitals. ClearPoint is many times less expensive than Da Vinci; so cost should not be an impediment to adoption of the technology. An easier way of doing the sums would be this: key in 1.2 (representing 20% growth rate) to any calculator x 1.0, then hit the = button. If you hit it (=) six times, you will get 2.98. This means: it takes 6 quarters of 20% growth to triple the value of the DPR.
    Nov 28, 2014. 01:27 AM | Likes Like |Link to Comment
  • Axion Power, A Deep Alpha Opportunity With A Clear Timeline [View article]
    Freya. John Petersen has been doing and continues to do a great job of educating us all on the subject of energy storage in general and of Axion in particular. Axion's PbC is still a great product. What JP can't control is the length of time it takes for Axion to turn a profit. Axion's PowerCubes have already proven themselves to be a commercial proposition in the solar industry. I do hope more solar farms will wise up to that fact. Meanwhile do me a favour: afford JP some slack. We know what we were doing when we bet on AXPW. At the moment it looks very bad. But we can't blame it on JP.
    Nov 26, 2014. 10:54 PM | 9 Likes Like |Link to Comment
  • MRI Interventions' (MRIC) CEO Kimble Jenkins on Q3 2014 Results - Earnings Call Transcript [View article]
    In the 2nd Conference Call, the CEO mentioned that MRIC will breakeven if its disposables product revenue triples from the level then. At that time its DPR was rising at about 16%. So I thought that the least the new CEO could try to achieve was an increase of 20 to 25% per quarter. That would mean a breakeven time at 1q 2016 or Sep 2015. Hence I made the comment of him achieving a 20% increase on $577k per quarter.
    Nov 26, 2014. 12:08 AM | Likes Like |Link to Comment
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