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Freya

Freya
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  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]

    "Accounting for the Series B Warrants:

    Pursuant to ASC 815-40, due to the net settlement terms included in the Series B warrants, which requires an increased number of shares to be issued if the price of the Company’s common stock falls, the Company determined that the Series B Warrants were not indexed to the Company’s own stock and must be recognized separately as a derivative liability in the consolidated balance sheet, measured at fair value and marked to market each reporting period."

    How can the B warrants not be indexed to the company's stock but still have the conversion numbers increase based on the price of the common stock?
    Apr 16, 2015. 05:36 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    "I insist"?

    What investor, let alone Management would avoid buying shares of the company if it is expected to be a " 5 to 10 bagger" within 12 months?

    Do you have a link to any Public Press release made by Axion which indicated there were Active NDAs? (Hearsay excluded)
    Apr 15, 2015. 07:13 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    Save your own breath john, you'll need it.

    Everything that was to be known about Axion was included in their Prospectus. Insider purchases could have been made, they weren't.

    They knew what was going to happen and acted accordingly.

    Insider trading services provide this Public data, its the choice of the investor whether to act on it.

    There are no legalities if news is released "a couple of months later".

    btw, I've yet to find a Press Release where Axion indicated there were Active NDAs at any point in time.
    Apr 15, 2015. 06:55 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    When someone states he "knows" a stock is a 5-10 bagger within 12 months, you ought to be wary but may venture in looking for a piece of "pie in the sky".

    But when the same person makes the same comment every 12 months, you run for an exit. Especially when that person makes excuses for management's lack of conviction in their product by refusing to buy their own shares at any price.
    Apr 15, 2015. 11:19 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    I'm 71 and don't like it when someone steers investors down paths I have already been down to my regret.
    Apr 8, 2015. 02:53 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    I was part of a "boiler" room for a while.

    Didn't know it at the time.

    A former President of the AMA was the president of his/this company. He gave us the names and home phone of All doctors with the AMA...... we had a field day.

    He forged sales contracts, hid the the actual number of shares o/s through private sales and kept the proceeds.

    He was so good, I actually bought some personally.

    Needless to say, I don't trust without verification.

    Many of my comments to JP were deleted because I wanted verification, he flagged them because I raised the same questions too many times. He called it hounding and stalking.

    I call his actions Evasion.
    Apr 7, 2015. 05:23 PM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    You still don't understand?

    The Officers/Directors did exactly what any sane group would do when trying to sell a product which was found to be wanting.

    They took cash every year, salaries and bonuses every year since 2010 when the only outright purchase was 8,000 shares by a director for less than $5k.

    BA did an Option Exercise that year for almost 2 million shares essentially doubling while Glenn Patterson, also a Director, did about the same size OE.

    The only Insider buying by the Officers took place in 2005. (if you don't count the Title switching by Patterson and Petersen)
    Apr 7, 2015. 12:28 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    Think about it.

    Anyone receiving the batteries, namely BMW and NS, would have noticed its superiority and would have followed up on same..... they did Not.

    The Naval yard received theirs and did not follow up either.

    Sales personnel would Not have been examining the provided items, their engineers would have, did and found it did Not meet their requirements..... No Sales.

    The obvious answer is that it does not work as being pumped here.

    The Engineers from BMW, Norfolk, the Navy and whomever else they could get to examine the product all said the Same thing, No Thanks.

    Don't blame Management, blame the engineers en mass.
    Apr 7, 2015. 08:59 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    you had to be a Troll :)

    questioning the perfect battery was a no no.

    The Basic problem, however, was the fact that it was never a forum. Forums allow for all views.
    Apr 6, 2015. 03:01 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    don't have to check :) ...... own it.

    DLYT as well.....

    I am a sucker when it comes to tech.
    Apr 6, 2015. 02:54 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    my service provides SEC filings, these are Records and state facts not unverifiable variables.

    I was responding to BA's comment regarding your holdings as an initiator of Axion.
    Apr 6, 2015. 02:36 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    I use J3SG.com to retrieve info relating to Insider trading as filed to the SEC. Its a free subscription service which allows me to receive emails on 25 different companies.

    At one point in time JP sold almost all of the shares he owned,

    Axion Power International... Director – • – 2005-11-11 4 S $2.25 $1,068,750 I/I (475,000) 9,200

    446,000 of these were Option Exercise at $1.00

    He later bought enough shares to get himself up to 756,000 shares but unloaded 425,000 thereafter.

    This covers only the time frame when he was an officer or director say mid-2006.

    I do not have a clue as to what he has now, if anything.
    But then, i can say i own 5 million shares, prove otherwise.
    Apr 4, 2015. 02:59 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 394: Apr. 2, 2015 [View instapost]
    JP was one of the initial founders of this fiasco and was paid until he left Axion first as an officer then as a director or do directors work for free?

    I don't know what Contributors receive from SA but it was in JP's interest to build up his following and he did so.

    "the Founders kept all of their shares" what a crock.
    Apr 3, 2015. 06:56 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 393: Mar. 26, 2015 [View instapost]
    ePower already issued a statement that they will workaround the problem if PbC batteries became unavailable.

    Who knows, they may go to Tesla hat in hand.
    Mar 31, 2015. 05:22 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 393: Mar. 26, 2015 [View instapost]
    "Actions speak louder than words."

    In other words, do what they do not what they say.

    In Axion, the Officers and BOD took cash and cash bonuses intstead of shares.
    Mar 31, 2015. 05:11 PM | 9 Likes Like |Link to Comment
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