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Deamiter

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  • Axion Power Concentrator 363 Sep. 07 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    My sock drawer is just as heavy as ever, but I did notice that I seem to have 50 times fewer socks. They're just heavy as depleted uranium (and now my feet are tired AND tingling).
    Sep 8 03:21 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 363 Sep. 07 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    I was doing some math today, and I cringed when I found out my new cost basis was $17. As hard as I might try, emotions still pop up now and again in investing...

    Disclosure: long on AXPW.
    Sep 8 11:47 AM | 8 Likes Like |Link to Comment
  • Three Chart Alarm: The Fed Has Set-Up The Corporate Bond Market For A Big Fall [View article]
    Looks like the worst month in 2009 was $0.31 vs the best in 2008 of $0.38, a one month low of 19% below the previous year's high. The sum of all dividends for 2008 was 94% of the sum of all dividends for 2009.

    I get how yields might drop if there is a rush to the exit, but I don't think it happened with this fund in 2009.

    EDIT: just saw Gary's response below noting the same.
    Aug 6 12:53 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 354 July 31 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    DaveT, I see what you did there...
    Aug 1 04:34 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    SMaturin: Um... good point? :-p
    Jul 29 10:09 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Indeed, it takes 1.4 gallons of ethanol to produce the same energy as gasoline. It's hard to beat fossil fuel at energy density.
    Jul 28 11:21 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 347 July 06 '14: Share Reverse Split And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Edmund,

    After that time period Tom will still be bound by NDA not to disclose confidential and trade secret information. These clauses are designed to prevent employees from being poached to work on a directly competing product.

    However, it would be unreasonable to request an employee never work in the same field again. I know I would never sign a contract that allows my company to prevent me from ever working in my field again if I decide to move or leave the company, and I'm sure with Tom's background in contract negotiations, he'd never sign something like that either!

    In short, he's still bound by contract not to disclose trade secrets, and if he recovers and later finds a job at a different battery company in two years (however unlikely given his broad skill set), I wish him the best!
    Jul 9 08:39 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 344 June 26 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Sorry, didn't mean to set that off!

    I really liked your comment about not feeling any need to be balanced -- that's very fair from my point of view!
    Jun 27 05:04 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 344 June 26 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    I definitely see your point about how solar promoters are "gaming the system" are dead on and even if climate science has demostrated a harm from greenhouse gas emissions, the main reason for the convoluted nature of solar subsidies is political.

    That said, I do think you do readers a disservice by failing to even mention that these subsidies wouldn't exist without widespread concern over greenhouse gas emissions (if not nation-wide, but certainly in the communities that pass many of these laws). That the subsidies are convoluted and easily gamed says a lot about our political system (where a bizarre feed-in tariff is somehow preferable to a carbon tax) but asking the question, "is residential solar more trouble than it's worth" without even touching on what supporters suggest it might be worth seems nearly as unfair as the feed-in tariffs we're discussing!

    I strongly value all your articles, and I'm not suggesting that you jump into climate science, it just seems weird (to me) to claim that "there's a very good argument that residential PV solar is more trouble than it's worth" by highlighting a bunch of reasons why it's trouble and then utterly ignoring what it's worth -- not even claiming that it's worthless, just ignoring half of the equation altogether!
    Jun 27 10:08 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 344 June 26 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    John, you touched on air pollution in the article, and while I know you try to avoid discussion of global warming (and I've got the same inclination on SA) you're ignoring the fact that solar DOES displace sources of electricity -- primarily coal and natural gas that are both dirtier in terms of particulates (coal) and that result in the emission of 10-20 times the greenhouse gasses (as estimated by NREL, weighting gasses by their relative global warming potential).

    I heartily agree on all your points -- subsidies designed to encourage installation of solar raise the cost of traditional sources of electricity by causing many plants to idle on sunny days (reducing emissions more than reducing costs) and feed-in tariffs push the burden of infrastructure to those without solar panels. Certainly these policies are not sustainable and will have to be modified along with billing schemes for electricity if the number of residents installing residential solar panels continues to grow!

    I'm not going to argue here that shifting costs to encourage solar manufacturing and installation toward driving down solar electric costs long-term are a beneficial step toward reducing the acceleration of global warming. I just suggest that you acknowledge the reasoning behind these policies even if you might question both the premise (greenhouse gas emissions are driving global warming) and the subsidy mechanisms in question (particularly feed-in tariffs and tax credits).
    Jun 27 09:04 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 343 June 22 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    It sounds to me like the reporter put two very different numbers together -- the "standard" solar power system and the average savings (including much larger system).

    Of course, he may have just lost a decimal point in there.
    Jun 24 09:39 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 340 June 06 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Edmond, that patent from 2004 has been cited by at least 3 NSC patent applications since then:

    http://bit.ly/SzGt9z

    Based on the very narrow scope of the claims, I'm guessing it's rather easy to design battery systems with vibration reduction that does not infringe on that patent.

    "1. A battery pack assembly, comprising: a plurality of battery cells; a battery rack; and a plurality of isolation containers supportably mounted on and movably engaging the battery rack, each isolation container comprising a plurality of battery cells, wherein each isolation container comprises a vibration resistant clamp engaging at least one surface of a battery cell to substantially maintain shock and vibration levels within predetermined maximum values, said clamp comprising a gas flow channel in fluid communication with at least one gas vent of the battery cells to direct vented gas into the isolation container, wherein the clamp is configured to center each of the battery cells in the isolation container, and wherein each isolation container comprises at least one of the following features: ..."
    Jun 11 02:18 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 340 June 06 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Clearly you've never spent much time on the M6...
    Jun 11 01:49 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 340 June 06 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Albertin -- that's what watertowers are for (providing passive pressurization of water lines when power is interrupted), but unfortunately it takes a LOT of water to generate useful electricity. From Wikipedia (link below) one cubic meter of water at the top of a 100 meter tower can "store" 0.272 kWh of electricity. One of the smaller 1800 MW plants has a reservoir of 1.3 square miles, 110 feet deep, 363 feet above Lake Michigan.

    It'd be awesome to see a square mile of reservoir built over a city, presumably with a glass bottom so residents could still experience sunlight, but I'm guessing there would be permitting problems.

    http://bit.ly/1kOUEmZ
    Jun 11 11:54 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 340 June 06 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    That's a great concept if it's really cheaper than pumped hydro, one of the cheapest forms of energy storage there is! Of course in order to be cheap it needs very high grades, so it's worthless out here in the middle of the country, but it'll be an interesting addition to the niche market of load shifting.

    Small lakes are pretty easy to build, but I wonder if there's some situation where a short rail line might be practical when a lake wouldn't work. Somehow I doubt it since it'd be easier to bury a pipe than a train track, but that might not be true for unventilated tunnels and dead weights which would be quite similar to water pipes. Heck, the "trains" could be designed to fit into large water pipes...

    Interesting, yes, and possibly viable if claims of the cost are accurate (since pumped hydro is absolutely viable) but the requirement of nearby mountains is pretty limiting.
    Jun 11 09:57 AM | 3 Likes Like |Link to Comment
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