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shaggydude4hire

shaggydude4hire
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  • Profire Energy: An Undervalued Opportunity [View article]
    What do you forecast for the short term, as you only provide a medium term view? As you state the price of PFIE is correlated with oil prices, do you feel it will continue to follow oil prices and thus oil prices are up medium term and thus PFIE raises in that timeframe as well? If this is your thesis, could you provide some justification or support for that opinion (with regard to a bounce in oil)?

    Also for your financial analysis below you talk about revenues and sales as they are different, even though they are essentially one and the same to me (note 2014 rev=$35.4 M; 2014 Sales = $35.3 M) why did you make the distinction?
    Financial Analysis

    PFIE has had an impressive last five year, consistently growing revenues and total sales. At the end of 2010, PFIE had $5.9 million in revenues; by 2014, the company had grown revenues to $35.4 million. Sales have also grown, from $16.9 million in sales in 2013 to $35.3 million in 2014.
    Mar 27, 2015. 01:24 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 382: Nov. 22, 2014 [View instapost]
    To me the biggest barrier to sales is competing with the warranty of other manufacturers. For example Samsung Li-ion batteries come with a 10 year warranty. When doing the business case for a utility to utilize those batteries you can model with assurance that the economic life of those batteries is 10 years. Seems to point how instrumental a large partner is towards ensuring such a warranty. Just my thoughts, but anyone know what a warranty would be for AXPW batteries in the freq reg side of things? Thanks-
    Dec 3, 2014. 11:32 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 378 Nov. 1 '14: Axion Up-List Completed; S-1 10/22 Revision;NS-999 In Testing; Axion Nasdaq SPO Page Up; EPower & Axion Present At The Battery Show [View instapost]
    Theoretically there's nothing barring you from exercising these B warrants today. You'd be out of the money yes, but you could still exercise.
    Nov 5, 2014. 10:04 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 375 Oct. 23 '14: S-1 10/22 Revision;NS-999 In Testing; Axion Nasdaq SPO Page Up; EPower & Axion Present At The Battery Show [View instapost]
    Within 2 hours of the open, seems like liquidity is a thing of the past:
    130,000 AXPWW warrants traded already (or 7% of all available) and 115,000 shares of AXPW traded (6M pre-split and with no double count I'm guessing this is the most ever by a wide margin). I'm thinking its bound to slow down, but at this rate we should hit 5% of the float traded for the CS and 20% turn for the warrants.

    Didn't think that people would want to jump out of the CS at this rate. Thinking warrants will stop being snapped up so quickly soon, both as people wanted to unload them have done so, as well as the asking price starting to get a little much.
    Oct 24, 2014. 11:28 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 375 Oct. 23 '14: S-1 10/22 Revision;NS-999 In Testing; Axion Nasdaq SPO Page Up; EPower & Axion Present At The Battery Show [View instapost]
    WIO-First of all this is an option that any investor has available to them, and was something that was simply highlighted by Len, not a pitch.
    Dr Ich - I don't see this as though everyone is blindly selling their CS and keeping their warrants, and thus making for a bad IPO day- I think this will be bore out as keeping a lid/tampering appreciation potential of prices at least for a little while. Personally I won't be deploying this strategy, as I feel fear of a quick drop is somewhat removed with the potential for a floor to be set by the five year warrants and associated premium for the CS.
    Oct 23, 2014. 03:18 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 375 Oct. 23 '14: S-1 10/22 Revision;NS-999 In Testing; Axion Nasdaq SPO Page Up; EPower & Axion Present At The Battery Show [View instapost]
    I'd like to clarify that this isn't being recommended outright by Len as he is confident in AXPW's potential, but was more mentioned as a risk mitigation option for investors to exercise for those who have less risk tolerance. But as I said I feel like several will go that route even though I have nothing to support that feeling.
    Oct 23, 2014. 02:51 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 375 Oct. 23 '14: S-1 10/22 Revision;NS-999 In Testing; Axion Nasdaq SPO Page Up; EPower & Axion Present At The Battery Show [View instapost]
    Len/Nick called me and clarified a couple points.

    1. Institutional interest picked up a bit and the result is that they'll make-up 75% of the deal. This has been mentioned before, but I take it to be a positive development.
    2. For the retail side there is a pecking order for the new shares. Somewhat close to full allotment for existing shareholders with much time/money previously invested down to less % allotment for greener shareholders.
    3. Finally, Len mentioned would be illegal for them to dip their toe into the deal. However, with the type of structure of the deal, deep value plays- he stated that they would see 3 or 4 of these deals per year that he likes to promote to his clientelle.
    4. There is a used car salesman stigma that people have mentioned with Maxim, however from what I gather I think it is more fair to consider that they would like to expand your business and accounts with them, and for some time, and therefore have an interest on being fair, truthful and responsible in what they say to their potential customers.
    5. After going over other opportunities similar to the AXPW trade, aka micro-cap stocks with CS/warrants attached, he mentioned the simple trade of selling the CS immediately while holding onto the warrants. Personally i think this will be the play for many investors. Impacts being a cut on the CS price initially, as well as a muted rise on any news at least initially.

    Anyway just my two cents.
    Oct 23, 2014. 02:26 PM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 373 Oct. 12 '14: Axion Nasdaq SPO Page Up; BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014 [View instapost]
    Let's hope it won't be your last dime. You will want to exercise those warrants after all :) .
    Oct 16, 2014. 10:51 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 373 Oct. 12 '14: Axion Nasdaq SPO Page Up; BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014 [View instapost]
    Thanks for the responses wrt my earlier comment. It's unfortunate that we don't seem to have a white paper or something else digestible by mgmt. As really from my understanding, there doesn't seem to be too much awareness of what advanced lead acid even has to offer. It is almost as if for utilities it's a foregone conclusion that Lithium ion is the way to go, and i think that ignorance can be remedied rather easily by Axion.

    On the point of making cuts to extend the runway, all that was offered by Maxim was that the language would be removed, and I extrapolated this to mean due to cuts. To highlight this point, I wanted to bring attention to what I noticed recently where this could be materializing. On the research page of Fidelity, it has AXPW with 83 employees, which probably gets that info from some old 10-K. More recently the S-1 document states how AXPW has only 50 employees currently. Anyway, not sure if that has been mentioned, but to me taking out 40% of your workforce is quite significant.
    Oct 15, 2014. 12:45 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 373 Oct. 12 '14: Axion Nasdaq SPO Page Up; BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014 [View instapost]
    For anyone uneasy due to the shifting timeframe I thought the following was interesting. After talking to Leonard and Nick with Maxim today, they said the Friday closing date is tied to something like 10 business days after the new prospectus is out so that prospective investors have time to digest the document and deal details.
    Another thing I found of interest, they mentioned that current shareholders seem to represent half of the interest in this deal, with subscriptions of interest not being a problem.
    Further, it sounds as if the "going concern" is to be removed with this raise. Meaning that with the initial raise AXPW will have adequate capital beyond 12 months for operational costs. I took this to indicate cash burn rate has been severely cut down with the cuts to support the East Penn relationship (although I always thought Axion made a marginal profit on these, so that doesn't quite make sense to me).
    Finally, beyond the call I was curious if there was some documentation/white paper that was developed by Axion that can demonstrate to a utility trying to evaluate potential companies/technologies the value of a Powercube over lithium ion competitors. To me the Xtreme Power Notrees installation is a black eye to anything branded as "Advanced Lead Acid" batteries, and to remove the stigma and speak to the entirely different battery that AXPW possesses, some eloquent marketing material is needed to be delivered to some decision makers in the utility industry.
    Oct 14, 2014. 01:49 PM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 372 Oct. 08 '14: Axion Nasdaq SPO Page Up; BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014 [View instapost]
    Article on Stop-Start in the Detroit News:

    http://bit.ly/1rWKgeMSV7qCpKw9hkv9wESaDIAQA...
    Oct 8, 2014. 09:55 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 368 Sep. 25 '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]
    It is only a proposal at this stage, but seems pretty impressive. Check out this video which talks through the entire proposal:
    http://bit.ly/1myci0M
    Sep 26, 2014. 11:26 AM | 2 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]
    HTL- that was me again with TradeKing. Perhaps those above me have all or nothing bids in and therefore the market sells fall to me (since they were all small in nature compared to the best bids at the time)?
    Sep 7, 2014. 08:28 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 362 Sep. 01 '14: EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA [View instapost]
    @ HTL- just an fyi I was the purchaser of all 3 trades at 0.0851, two 500 share allotments and one 3000 share purchase through TradeKing.

    @ anyone- what are the terms wrt pricing for shares/warrants for the offering? What is the contact # if interested?
    Sep 3, 2014. 03:40 PM | 4 Likes Like |Link to Comment
  • 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, 2014. 12:37 AM | 7 Likes Like |Link to Comment
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