One new way to make hydrogen...and what makes investing at the edge such a problem. That best idea you invested in 2 years ago, just got wiped out by a newer better idea.
Re other ways of making hydrogen (from WP): "Fermentative hydrogen production can be done using direct biophotolysis by green algae, indirect biophotolysis by cyanobacteria, photo-fermentation by anaerobic photosynthetic bacteria and dark fermentation by anaerobic fermentative bacteria. For example studies on hydrogen production using H. salinarium, an anaerobic photosynthetic bacteria, coupled to a hydrogenase donor like E. coli, are reported in literature.
"Biohydrogen can be produced in bioreactors that utilize feedstocks, the most common feedstock being waste streams. The process involves bacteria feeding on hydrocarbons and exhaling hydrogen and CO2. The CO2 can be sequestered successfully by several methods, leaving hydrogen gas. A prototype hydrogen bioreactor using waste as a feedstock is in operation at Welch's grape juice factory in North East, Pennsylvania (U.S.)".
This method, or one similar, is used by FCEL to produce the energy stock for their fuel cells at manufacturing plants using off gassing.
Axion Power Concentrator 239: May 24: Axion Power Reports First Quarter Results For 2013 [View instapost]
HTL-
IMHO we are moving towards an economy that increasingly uses hydrogen in all its variations and forms as fuel. If that is so, investing in the best fuel cell companies is a good idea. There are only a few that are public, and all seem to be moving towards profitability. Each has a niche. The 'hype-curve' fits this segment and the individual companies.
And, once you start following them and the research projects they are involved in, to get around the problem issues they each face, it's pretty amazing.
Re HYSG, I've been impressed by the sales/promotional energy of its leadership, especially the energy of Dave Wilson as well as their patents and partners. Long ago I read that you are better with an A-Team and a B-Product, than an A-Product and a B-Team. I've learned that is true over my years of investing in great ideas that never came to the level of fruition that I'd imagined.
Axion Power Concentrator 239: May 24: Axion Power Reports First Quarter Results For 2013 [View instapost]
Re our price: A lot has to do with what niche is in favor and how a niche is understood and valued. Investors value the niches 'big oil' and 'tech', etc. for instance...Investors do not think of or value a niche known as the 'storage ecosystem'.
Note the action today of all fuel cell companies..fuel cells are being viewed more favorably as being part of the hydrogen alternative energy ecosystem, so the price of the big fuel cell players is up, FCEL up over 30%.
I believe this will happen to AXION also as the 'storage ecosystem' becomes a place to invest and as our battery's place in the 'storage ecosystem' becomes more clear.
We are just way ahead of the game. It is playing out in front of us...enjoy! The fruits of our patience will come.
BTW, if the 'storage ecosystem' is of interest, could we spend some time defining the players in ours, as I believe there are several 'storage ecosystems' defined by different needs. AWAK ours is the niche defined by the need for 'charge acceptance and rapid discharge'.
Apple: Innovative Future Products Following Detroit's Lead? [View article]
These are two great products I hope they produce. If they produce them they will be profitable.
Taking notes that transfer to my computer would be immensely helpful for me and any other professional, or student.
The market for the pen is immense within the educational field, assuming the pen/computer learns your penmanship. Every college professor will make this mandatory. Please do not comment negatively unless you have been faced with a hundred tests that are written by students in a hurry and truly enjoyed trying to decipher what was written and loved that task.
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
In some ways, the Concentrator is our enemy to feeling comfort with the pps...too much thinking about too little going on.
So, I try to stay away. But, am pulled back in because "if something good happens, I want to know".
Realistically, we are long and maybe many long months from any real increase in stock price...then it will likely be plateaued at some intermediate level...I hope above my average price....but at a plateau price, and not likely a price I'm or you are really happy with.
This is not a Telsa...for what ever reason. Look at the Telsa cars..how visceral they are and look at a battery. What excites you? Where is the hype for better batteries that will drive the price b4 something really happens regarding customers and volume of sales.
It is a company with a seemingly mundane but revolutionary, largely not understood product. Not well understood even to the customers who should understand the product. But, that is changing.
If you feel discouraged, are you focusing on the difference between 'BMW is testing the battery' and 'BMW is telling their battery makers to help bring this product to us in a way we can use it'?
Should that raise the price? Yeah, for us believers. But unless you are a certain type of believer, why buy? You know this will be a long process with ups and downs in the price. Why buy now? No real reason.
To be successful in this type of investing you cannot be a person who spends money they need, nor be a person who spends a lot of time second guessing them selves. It also does not help to be a person who always seems to sell at the wrong time.
If you liked this story when it was a pure hype dream...that is, when you paid what you paid for the shares you bought... what's not to like about where we are today in terms of productivity and applications...and a major who is pushing to use the product.
Think of all the decisions BMW has made regarding designing future product that is expressed in their need to get multiple bases of manufacture for the battery. Look at all the production and legal issues that must be ironed out b4 BMW can use the battery, even if they wanted to now.
I believe we will eventually have a very decent, maybe juicy pps. when big, real customers are telling their battery manufacturers to buy our parts in volume and when we are really profitable...and when people understand that company that makes a part for batteries is a good investment.
Why do battery mfgs resist? First, maybe they aren't resisting. They can't make the battery in volume. We just learned we could make the battery in volume. Second, we will likely make more money on our part than they will make on their entire battery. Wouldn't you resist?
So, I am OK...even happy with where we are. We could still go down the tubes. But, it is much, much less likely than it was last year...much less than when most of us started buying our shares.
Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
Don't get excited.
Just realize that the investment is a good investment.
Remember JP's elephant hunter graph of stock prices?
Now, look at where we are.
It still may not work...so don't get excited.
Just feel OK with your ability to smell out an opportunity, sit tight, keep looking for companies that fit the elephant hunter's graph...and, next time don't buy stock in the company till they are where we are now.
Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
D-inv-
Concretely, you are absolutely correct. Some car mfgs. make lines of cars that don't sell big volume. Typically, these low volume cars are brand leaders.
Try to think like a manager in a big company. Does s/he think, "I'd like to bet the brand on a very small company, with very little mfg. ability, with a revolutionary process of manufacture in one location, a manufacturing process they completed last month, with a revolutionary product that requires completely or largely rejiggering the electrical system in the product the battery will go in to"?
No.
No, or very, very few, mid level managers in a big company think that way.
I'm pushing this perspective because I believe we are incredibly myopic when it comes to risk management in large organizations.
Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
Metro- I've been in their position when on the Board of a bio-medical start-up. Most people just don't have 50-100K$ to invest. The people with $$ invested $$, the workers on the Board put in what was likely serious $$ to them.
I don't understand the lingering downers people are going through. I know we are not out of the woods yet. But, we are so much further along than we thought just several weeks ago.
Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
We've seen other battery mfgs. adding carbon paste, etc to their offerings. From one perspective, they are trying to not work with us. From another perspective, their product doesn't work and they can't work with us because we have been making paper doilies by hand. They couldn't use us if they wanted to, so they went ahead with what was next best for them.
I don't think we've appreciated exactly how the primitiveness of our mfg. process has kept OEMs and other battery manufacturers from working with us. Along the same lines, JB said we can produce 450 products a day...450 a day. That's big $$ for us, but I think a bubkas number for a car manufacturer.
Re multiple sites of manufacture: another major impediment to an OEM and a situation that every really new product that will work with established industries must face.
Maybe things are going much faster than we think. We are only looking at this from the perspective of: Everyone should get it as we get it and just buy it...when there is so much more to this.
We love it because it is a revolutionary battery. Then we forget that it is NOT a drop-in product...it's a battery that takes revolutionary manufacturing to make and revolutionary software/hardware to make use of it.
How long does that take in a mature market? Years and years. We just got a real manufacturing operation going; just putting away the pinking shears. Again, maybe this is going very quickly.
Axion Power Concentrator 239: May 24: Axion Power Reports First Quarter Results For 2013 [View instapost]
One new way to make hydrogen...and what makes investing at the edge such a problem. That best idea you invested in 2 years ago, just got wiped out by a newer better idea.
Re other ways of making hydrogen (from WP): "Fermentative hydrogen production can be done using direct biophotolysis by green algae, indirect biophotolysis by cyanobacteria, photo-fermentation by anaerobic photosynthetic bacteria and dark fermentation by anaerobic fermentative bacteria. For example studies on hydrogen production using H. salinarium, an anaerobic photosynthetic bacteria, coupled to a hydrogenase donor like E. coli, are reported in literature.
"Biohydrogen can be produced in bioreactors that utilize feedstocks, the most common feedstock being waste streams. The process involves bacteria feeding on hydrocarbons and exhaling hydrogen and CO2. The CO2 can be sequestered successfully by several methods, leaving hydrogen gas. A prototype hydrogen bioreactor using waste as a feedstock is in operation at Welch's grape juice factory in North East, Pennsylvania (U.S.)".
This method, or one similar, is used by FCEL to produce the energy stock for their fuel cells at manufacturing plants using off gassing.
Axion Power Concentrator 239: May 24: Axion Power Reports First Quarter Results For 2013 [View instapost]
IMHO we are moving towards an economy that increasingly uses hydrogen in all its variations and forms as fuel. If that is so, investing in the best fuel cell companies is a good idea. There are only a few that are public, and all seem to be moving towards profitability. Each has a niche. The 'hype-curve' fits this segment and the individual companies.
And, once you start following them and the research projects they are involved in, to get around the problem issues they each face, it's pretty amazing.
Re HYSG, I've been impressed by the sales/promotional energy of its leadership, especially the energy of Dave Wilson as well as their patents and partners. Long ago I read that you are better with an A-Team and a B-Product, than an A-Product and a B-Team. I've learned that is true over my years of investing in great ideas that never came to the level of fruition that I'd imagined.
Axion Power Concentrator 239: May 24: Axion Power Reports First Quarter Results For 2013 [View instapost]
Note the action today of all fuel cell companies..fuel cells are being viewed more favorably as being part of the hydrogen alternative energy ecosystem, so the price of the big fuel cell players is up, FCEL up over 30%.
I believe this will happen to AXION also as the 'storage ecosystem' becomes a place to invest and as our battery's place in the 'storage ecosystem' becomes more clear.
We are just way ahead of the game. It is playing out in front of us...enjoy! The fruits of our patience will come.
BTW, if the 'storage ecosystem' is of interest, could we spend some time defining the players in ours, as I believe there are several 'storage ecosystems' defined by different needs. AWAK ours is the niche defined by the need for 'charge acceptance and rapid discharge'.
Apple: Innovative Future Products Following Detroit's Lead? [View article]
Taking notes that transfer to my computer would be immensely helpful for me and any other professional, or student.
The market for the pen is immense within the educational field, assuming the pen/computer learns your penmanship. Every college professor will make this mandatory. Please do not comment negatively unless you have been faced with a hundred tests that are written by students in a hurry and truly enjoyed trying to decipher what was written and loved that task.
Tim Cook's Tipping Point Boosting Apple Shares [View article]
Axion Power Concentrator 238: May 21: Axion Power Reports First Quarter Results For 2013 [View instapost]
G
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
G
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
Maybe I need some help, too.
Is it really dry? I want to believe that. It seems dry...but I'm still waiting for a fly to touch down and get stuck.
OK. It's dry. Let me sit with that for a while.
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
So, I try to stay away. But, am pulled back in because "if something good happens, I want to know".
Realistically, we are long and maybe many long months from any real increase in stock price...then it will likely be plateaued at some intermediate level...I hope above my average price....but at a plateau price, and not likely a price I'm or you are really happy with.
This is not a Telsa...for what ever reason. Look at the Telsa cars..how visceral they are and look at a battery. What excites you? Where is the hype for better batteries that will drive the price b4 something really happens regarding customers and volume of sales.
It is a company with a seemingly mundane but revolutionary, largely not understood product. Not well understood even to the customers who should understand the product. But, that is changing.
If you feel discouraged, are you focusing on the difference between 'BMW is testing the battery' and 'BMW is telling their battery makers to help bring this product to us in a way we can use it'?
Should that raise the price? Yeah, for us believers. But unless you are a certain type of believer, why buy? You know this will be a long process with ups and downs in the price. Why buy now? No real reason.
To be successful in this type of investing you cannot be a person who spends money they need, nor be a person who spends a lot of time second guessing them selves. It also does not help to be a person who always seems to sell at the wrong time.
If you liked this story when it was a pure hype dream...that is, when you paid what you paid for the shares you bought... what's not to like about where we are today in terms of productivity and applications...and a major who is pushing to use the product.
Think of all the decisions BMW has made regarding designing future product that is expressed in their need to get multiple bases of manufacture for the battery. Look at all the production and legal issues that must be ironed out b4 BMW can use the battery, even if they wanted to now.
I believe we will eventually have a very decent, maybe juicy pps. when big, real customers are telling their battery manufacturers to buy our parts in volume and when we are really profitable...and when people understand that company that makes a part for batteries is a good investment.
Why do battery mfgs resist? First, maybe they aren't resisting. They can't make the battery in volume. We just learned we could make the battery in volume. Second, we will likely make more money on our part than they will make on their entire battery. Wouldn't you resist?
So, I am OK...even happy with where we are. We could still go down the tubes. But, it is much, much less likely than it was last year...much less than when most of us started buying our shares.
Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
Just realize that the investment is a good investment.
Remember JP's elephant hunter graph of stock prices?
Now, look at where we are.
It still may not work...so don't get excited.
Just feel OK with your ability to smell out an opportunity, sit tight, keep looking for companies that fit the elephant hunter's graph...and, next time don't buy stock in the company till they are where we are now.
Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
Concretely, you are absolutely correct. Some car mfgs. make lines of cars that don't sell big volume. Typically, these low volume cars are brand leaders.
Try to think like a manager in a big company. Does s/he think, "I'd like to bet the brand on a very small company, with very little mfg. ability, with a revolutionary process of manufacture in one location, a manufacturing process they completed last month, with a revolutionary product that requires completely or largely rejiggering the electrical system in the product the battery will go in to"?
No.
No, or very, very few, mid level managers in a big company think that way.
I'm pushing this perspective because I believe we are incredibly myopic when it comes to risk management in large organizations.
Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
I've been in their position when on the Board of a bio-medical start-up. Most people just don't have 50-100K$ to invest. The people with $$ invested $$, the workers on the Board put in what was likely serious $$ to them.
I don't understand the lingering downers people are going through. I know we are not out of the woods yet. But, we are so much further along than we thought just several weeks ago.
Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
I don't think we've appreciated exactly how the primitiveness of our mfg. process has kept OEMs and other battery manufacturers from working with us. Along the same lines, JB said we can produce 450 products a day...450 a day. That's big $$ for us, but I think a bubkas number for a car manufacturer.
Re multiple sites of manufacture: another major impediment to an OEM and a situation that every really new product that will work with established industries must face.
Maybe things are going much faster than we think. We are only looking at this from the perspective of: Everyone should get it as we get it and just buy it...when there is so much more to this.
We love it because it is a revolutionary battery. Then we forget that it is NOT a drop-in product...it's a battery that takes revolutionary manufacturing to make and revolutionary software/hardware to make use of it.
How long does that take in a mature market? Years and years. We just got a real manufacturing operation going; just putting away the pinking shears. Again, maybe this is going very quickly.
Axion Power Concentrator 234: May 8: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
Do you know what their focus is?
Thank you for being here and for answering.
Gordon
Axion Power Concentrator 233: May 5: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
If everyone on the Board simply put up $10,000-20,000.00, I'd be worried. That would be save face money. Here, some insiders put up serious money.
Either, they are being stupid or know something. I'll go with the latter.
The Board knows what is occurring in the pipeline. The amount they put up and the terms they accepted indicate that we can expect good things to come.