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Ranma

Ranma
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  • Axion Power Concentrator 365 Sep. 15 '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've been one of the most bullish voices on the APC lately. But the simple fact is that I do not have the resources to move this stock. I am half the age of many participants here, and yet already bought nearly half a million pre-RS shares.

    The truth is that only a few of us large holders can make a difference. No doubt one of the large holders is doing their best by buying at the end of the day each day.

    The small holders cannot be counted on to work together and bid up the price. The large holders can make a huge difference in this low volume environment. Some can double their holdings at 1/10 or even 1/20 of the cost basis, and easily half the dilution we'll face shortly.

    Simply put, we need leadership to take action, or else this ball with never get rolling.
    Sep 17 12:45 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    John, I don't understand - why would you want it to happen at once? NASDAQ uplistings are generally very positive for stock prices. It seems to me a few days delay would be better.
    Sep 17 11:40 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    The election is already over. He was already serving as the city controller before his appointment at Axion. He ousted an incumbent he lambasted as incompetent at best. It would look really bad if he just up and left after that.
    Sep 17 11:26 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    ADMP recently had an offering that went off at 3.40 while the stock price was 2.60s. It had stock + warrant.
    Sep 16 10:58 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    To be fair, all those companies listed mostly bought <100 forklifts. A design with for Axion would be much more batteries.
    Sep 16 07:26 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    "Some have told me they need a 10-15x run to get even. Sheesh."

    The adage of "don't throw good money after bad" no longer applies when it only takes 1/10 to 1/15 of your money to average down!

    I'm underwater like everyone else here now, but I fully expect to be back in the green shortly after this financing is all done.
    Sep 16 05:33 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    Don't sell before the offering is announced. Not only do you depress the offering price, you don't have any guarantees to get into the offering. Moreover you get 3 days to fund your Maxim account if you do get allotted shares. No reason to sell now.
    Sep 16 11:34 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    Great news!
    Sep 16 11:23 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    Thanks HTL. The 8.2k at 4 is the biggest culprit of our low prices now. The 1k chunks are much more digestible.
    Sep 16 10:33 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    Whoever is putting the large ask at 4.20 - raise your offer! That way the close price can be higher and Axion gets a better offering.

    If you want liquidity to sell your large block, wait for the NASDAQ uplisting day. That should help you get out. Until then, you are just worsening your chances by capping the stock price.

    The market makers are getting bold by stepping in front of your ask with sub-4 prices. Because they know you are there to backstop them.
    Sep 16 10:05 AM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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 had one contract agreement written by a lawyer with the most egregious terms - all of the IP of the work would be assigned to me and I was their company's president! Sadly, it was only because the lawyer used auto-swap to edit out names from another contract.
    Sep 15 06:46 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    The warrants imply a doubling of the offering count, not the share count. I know you know, but just wanted to make the wording clear. Another 2.6m shares out is fine by me, if the warrants are in the money, as Axion could still use the cash. Especially if it wards off another offering.
    Sep 15 01:56 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    Only if you threw out a bid!

    I think I'll put on a GTC.
    Sep 15 11:49 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    Looks like some trades went below market at 3.25.
    Sep 15 09:48 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '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]
    The shareholder equity will be above 5 million. There were liabilities related to outstanding warrants. Those were extinguished upon the swap with the PIPErs, and ensure Axion will qualify for NASDAQ uplisting.
    Sep 15 12:23 AM | 7 Likes Like |Link to Comment
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