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shaggydude4hire

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  • Axion Power Concentrator 316: Mar. 19 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Rocky Mountain Institute has written up a pretty interesting article on grid defection. Seemingly trying to state how the solar panel and battery technology will remove both commercial and retail customers off the grid much to the dismay of the masses who would be taxed more by their regulated utility. One of the reasons they cite for this momentum (even beyond economics of the PV/battery combo) to get off the grid is tied to DRich's news article on grid resilience in the face of the Metcalf substation attack that spurred all this physical security evaluations by FERC and NERC.

    http://bit.ly/1kKmEpI
    Mar 20 12:37 AM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 313: Mar. 11 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Shouldn't you take it the other way to $250/kwh
    Mar 11 01:05 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 277: Oct. 19 '13: Axion & Norfolk Southern At ASME Rail Conference; John Petersen Joins EPower [View instapost]
    August as well, right? So essentially 5 months out of the 9 (with the true-up for November not included), have been paid off.
    Oct 21 01:31 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 276: Oct. 17 '13: Axion & Norfolk Southern At ASME Rail Conference; John Petersen Joins EPower [View instapost]
    Why is # 3 even plausible at this time? At what capacity are we utilizing the lines currently, and what type of volumes are required for the need to expand production capacity? I feel as though we'd drop the battery contract with East Penn, and move to multiple shifts to produce PbCs previous to an expansion.
    Oct 17 05:42 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 263: August 26: 10Q Filing For Q2; Two Axion Forbes Articles; John Petersen On PIPE Mechanics & Incentives [View instapost]
    Does anyone have a comprehensive list of release dates for new shares? Both in the past and future? I'm hoping to just prepare myself, as well as look at price and volume action from the previous dates. Thanks-
    Aug 29 02:55 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 245: June 19: Axion Power Reports First Quarter Results For 2013 [View instapost]
    I think having them purchase 10% of the remaining float and retaining their new shares would be quite a boost to share price. This does not seem to be the case currently. Further, they are not one entity, with some of them selling while some may even be buying, and thus wouldn't be voting as such.
    Jun 25 01:51 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 245: June 19: Axion Power Reports First Quarter Results For 2013 [View instapost]
    Here is an article from the Detroit News about Obama setting new truck emission rules. For all the heavy duty applications, this seems like it will only enhance the future profitability of the EPower relationship. From the article, "trucks and buses built from 2014 through 2018 will reduce greenhouse gas pollution by approximately 270 million metric tons. Certain combination tractors — commonly known as big-rigs or semi-trucks — will be required to achieve up to approximately 20 percent reduction in fuel consumption and greenhouse gas emissions by model year 2018, saving up to four gallons of fuel for every 100 miles traveled"
    http://bit.ly/11F8bDX
    Jun 25 01:05 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 242: June 8: Axion Power Reports First Quarter Results For 2013 [View instapost]
    John, how do you arrive at 4 million shares issued on Friday? Thanks-
    Jun 11 12:20 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
    Another positive for me, the cash burn rate during the first quarter was $1.25 Million (versus what was previously 2 m, iirc), or would equate to $5 M/year- I know burn rate isn't a static item, but it tells me the extent to what they've been able to stretch their dollars as they move from R&D to a sales focus.

    Cash and cash equivalents – beginning 2,004,391
    Cash and cash equivalents – ending 758,926
    May 16 10:35 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
    I'm curious if the new leadership means a new direction or perhaps a revised timetable for them.
    May 15 10:05 AM | 2 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]
    I purchased some more stock at these levels once the news was released.

    Not counting the 1 M from the insiders, the 9 M would require a total accumulated interest payment of 520k by the end of the 12 monthly tranche payments if no conversion was completed, this does not seem too difficult with the cash injection and our current burn rate.

    Also the 17,281,107 warrants if exercised would bring in another $5.2 million to AXPW, which would only be envied when exercised if this all works out for us.

    From what I calculated, with conversion from accum int (from 8%/12 monthly int) and princ used at the end of the full payment received ($9.52 M) after 1 year, total shares would be 36.1 M. As an optimist, and assuming the warrants are utilized, with warrants for 17.2 M, this would be a haul of $14.2 M for Axion for 53.3 M shares. With current shares of 113 M, this would take us to 166 M shares, and thus "dilute" our shares to 68% of what they once were. I think I'm happy with the deal.
    May 8 10:37 AM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 226: April 8: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
    There was an innovative engine design found in the trash in the book Atlas Shrugged.. sometimes I shudder to think the US of A is headed in that direction.
    Apr 10 02:00 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 225: April 4: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
    John's attitude towards you is a major reason that you have a smaller position in AXPW?

    wow
    Apr 8 10:44 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 209: Feb. 16: Axion Power PbC Batteries Continue To Demonstrate Effectiveness For Railroad Applications Norfolk Southern [View instapost]
    I was talking to my friend who is an application engineer with Freightliner, and he mentioned that they sell hybrid trucks with Eaton Li-Ion batteries. Supposedly they don't sell too many, however, due to the cost of the hybrids. (They actually are seeing a growth in CNG powered vehicles). I'm wondering if it's been flushed out if this Epower project is successful, it would translate into sales to a big company like Freightliner. The economics of having a shorter payoff period would sell itself over the Eaton batteries. Here's a link to the company's hybrid diesel trucks:
    http://bit.ly/YrCBoz?

    Thanks,
    Marc
    Feb 17 08:58 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 206: Feb. 6: Axion Power PbC Batteries Continue To Demonstrate Effectiveness For Railroad Applications Norfolk Southern [View instapost]
    Hello, just started reading some of the SA articles and found the prospects for AXPW fascinating. I posted this on Concentrator 205 after everyone left and I was told to throw it up here so here it is:

    Powergrid projects of the year:

    http://bit.ly/YVnS9Q

    Duke Energy's battery installation at the Rankin Substation in Mount Holly, NC is project of the year for integrating renewable energy into the grid. The installation is completed with zebra batteries from FIAMM. The Rankin Substation consists of a 402-kW/282-kWh sodium nickel chloride battery system which is being used to smooth out large minute-by-minute peaks and valleys in electricity production. Would performance by PbC batteries be better than these zebra batteries? If so, the company should reach out to try and have a relationship with a utility, to make a project that could showcase the performance of the PbC. If mgmt believes in the battery, it should believe that a project's success would get Axion on the radar of utilities like Duke Energy, which seem to be taking the shotgun approach with trying different battery technologies.
    Feb 8 05:37 AM | 5 Likes Like |Link to Comment
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