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Ranma

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  • 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]
    How do you communicate: "sales are delayed because of a school superintendent's texting scandal"?
    Oct 26, 2014. 03:21 PM | 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]
    Apparently no NDA. The head of the project himself submitted that info, according to the news site. It sounds like negotiations could even be completed, for him to announce it.
    Oct 25, 2014. 03:20 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]
    My scenario is that one investor with 1-2 days volume worth wanted a quick risk free investment. Any larger block could not do this without self-damage. To ensure risk free, he had to get out before the price fell below the 2.40 level (in case others pursue the same strategy). Thus, we saw the price flatline at the level. A normal trading behavior would have seen more peaks and valleys. On the plus side, a lot of shares are being absorbed at 2.40, showing investors see the value.
    Oct 25, 2014. 03:01 PM | 7 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]
    Wayne, just for perspective, would you mind sharing roughly the size of your planned investment with Maxim? I'm not saying how Len reacted was professional, but it does seem like they were not entirely enthused about handling so many retail accounts either. They could easily spend all day on the phones handling all our concerns.
    Oct 25, 2014. 12:56 PM | 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]
    Guys, multiple sources have said that construction is expected to begin before the end of the year. They say that most of the approvals have been gotten. Whether they need batteries right away is not the question - it's whether they will receive a large PO ahead of time to show investors. I think that matches DDG's 3-6 month prediction.
    Oct 25, 2014. 10:58 AM | 7 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]
    CSI approved by school board:

    http://bit.ly/1D9XsQy

    This has already been posted. You must have "missed" it.
    Oct 25, 2014. 01:09 AM | 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 think it's obviously due to flippers. There is a reason the stock chart flatlined around 2.40. At that point, the flippers start losing money.

    They are willing to dump and break even at 2.40 so that they risk a smaller amount of capital. They basically got in on the deal to buy a block of non-tradable B warrants.

    IMO, evidence suggests one latecomer to the deal who is the flipper, and I believe next week should show that to be the case once selling pressure stops.
    Oct 24, 2014. 10:48 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 think I figured out where the selling is coming from. I should have foreseen this earlier, but everything logical in my mind told me that investors should wait to sell their shares.

    Maxim said that the last minute bump to 75% institutions was due to a past investor in AXPW coming back. They wouldn't tell me which investor, but we can now guess which.

    The upshot is that this investor got 75% minus the previous highest reported percentage. So they got $1m - $1.5m in units. That translates to 308k - 461k units.

    If the bulk of the sell side was from this institution, that means they should be out of stock by Monday or Tuesday. It's clear they wanted a quick flip and hang on to the short term warrants.
    Oct 24, 2014. 04:39 PM | 6 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]
    So... if Maxim's info per Maya about the $5M 3-6 month order is true, what do we suppose the $15-20M battery sales in 15 months could be?
    Oct 24, 2014. 04:32 PM | 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]
    Do you have a link, NGS? I couldn't find it on the CSI site.
    Oct 24, 2014. 04:28 PM | 2 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]
    The school is still hooked to the grid. Having redundant amounts of backup power is therefore not the key spec here. I think Keares is more interested in FR and battery life. Do it once and do it right.
    Oct 24, 2014. 02:14 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]
    mrholty, the Coatesville article states that construction is scheduled to start before the end of the year. Optimistic, possibly, but that info comes from Keares.

    We should see a PO ahead of time as well.
    Oct 24, 2014. 01:18 PM | 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]
    Maybe Keares participated in the offering, and this was a way to declare insider info before the offering hit market? If so, that means the sale to Axion is a go.
    Oct 24, 2014. 01:07 PM | 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]
    Seems like the flipping in dying down. Maybe it was just one bad apple.
    Oct 24, 2014. 12:37 PM | 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]
    I received an email from the Coatesville paper. According to them, the article info was submitted by Bob Keares, the owner of Keares Electric. What was also interesting is that he is head of the Coatesville Solar Initiative project. They have been working with Axion for over two years!

    It seems highly likely this will happen, so the thing to do now is just wait out the flippers and ride the positive news after.
    Oct 24, 2014. 12:00 PM | 10 Likes Like |Link to Comment
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