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  • Axion Power Concentrator 236: May 15: Axion Power Releases Quarterly Report For The First Quarter 2013 [View instapost]
    SO what can we expect in the coming months:

    - alternative provider of the final product
    - partner deal with historical industry leader in trucking
    - epower test results
    - ...
    May 16 01:51 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
    People are scared.... but relax... NS is in the pocket. It's just taking time and money to modernize the entire fleet.
    May 14 02:20 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
    It is obvious that a large buyer is active. In the morning the price is pushed down and then the buyer comes in to buy. Look at the chart with al the long legs. I think we can expect some fireworks in the coming days!
    May 14 01:42 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 233: May 5: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    SS and others will benefit from a higher SP. I do think that these investors and Maxim are going to push the price up...
    May 8 12:24 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 233: May 5: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    it´s better than an offering at .20 or even lower. When the sales ramp us, the interest can be paid out of the cash flow so there will be no dilution. It´s a good thing to see the management pouring in 1 million!
    May 8 07:49 AM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 233: May 5: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    okay, money in the bank, lets roll!
    May 8 07:43 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 233: May 5: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    Axion Power Completes Private Placement for $9 Million in Senior Convertible Notes With Warrants and $1 Million in Subordinated Unsecured Notes With Warrants

    NEW CASTLE, Pa., May 8, 2013 /PRNewswire/ -- Axion Power International, Inc. (OTC QB: AXPW), the developer of advanced lead-carbon PbC® batteries and energy storage systems, announced today that it has completed a private placement of $9 million principal amount of senior convertible notes and warrants with institutional investors and an additional $1 million principal amount of subordinated unsecured convertible notes and warrants in an ancillary transaction with directors, officers and one of the original Axion founders. Maxim Group LLC acted as placement agent.

    On the senior convertible notes of $9 million, Axion at closing received approximately $2.6 million in proceeds, net of placement fees and expenses, and will receive nine subsequent monthly tranches. The notes carry an 8% interest rate and have a nine-month amortization schedule with interest beginning at closing and can be paid, at the Company's option, in cash or in discounted registered shares. In addition, the investors are entitled to convert the note, or any portion of the note, into shares, utilizing the 105% 'premium to market' price determined at closing ($.26.4). The investors are also entitled to approximately 50% warrant coverage in 5-year warrants, at a 120% 'premium to market' price ($.30.2), that will not be exercisable for six months after the closing. Any funds received from warrant conversion to common stock would be incremental to the offering.

    On the subordinated unsecured convertible notes of $1 million, Axion at closing received $1.0 million in proceeds as there were no placement fees or expenses. The notes bear accruable interest at the rate of 8% and the principal and interest are both payable at the end of the term, or when certain thresholds have been met, in cash, or in shares, at the option of the lender.

    The full terms of the transaction have been filed in an 8-K dated May 8, 2013 and we encourage investors to read the filing for a better understanding of all terms of the funding.

    This press release does not and shall not constitute an offer to sell, or the solicitation of an offer to buy, any of the securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration under the securities laws of any state or jurisdiction.
    May 8 07:37 AM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 232: May 1: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    two more weeks until the first Q results. What can we expect? It would be nice to see some sales ramping up :)

    But for now, I do think that Axion is working on something BIG, because why else is it taking so long.....
    May 3 08:17 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 232: May 1: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    http://linkd.in/10w6Rxx and http://linkd.in/15dyC75 have an impressive resume. The future looks bright!
    May 3 02:51 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 231: April 27: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    indeed John! I understand many small investor who are choosing the "better safe than sorry" approach, but that is not the case here. TG will come up with the needed financing, it's just takes more time. Maybe, Axion underestimated the market impact of the sentence ... "30 april"
    Apr 29 02:31 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 231: April 27: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    buy when everyone is selling... i bought 100.000 shares today. And now I'm going to call TG to hurry up and get this financing deal signed :)
    Apr 29 02:06 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 229: April 20: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    I think it's time for TG to send out a shareholder letter. This company has such great shareholders, they deserve to be informed on a more regulary basis instead of the shareholders guessing 99% of the time....
    Apr 23 09:20 AM | 16 Likes Like |Link to Comment
  • Axion Power Concentrator 228: April 16: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    http://bit.ly/RXDm9k

    The brochure is looking great! Now it's time for some big house owners to buy one :)
    Apr 16 02:32 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 227: April 11: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    With all the big uglies gone now, new MT contracts and financing to be announced any day now, the moment is there to start an impressive rally to fully reflects the great future of this company. However, I do think MT has to speak more in terms of sales and not in terms of RFP's
    Apr 15 07:36 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 227: April 11: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    congrats Futurist, lets hope Axion gives you a nice present!
    Apr 11 07:45 AM | 4 Likes Like |Link to Comment
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