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  • Axion Power Concentrator 356 August 7 '14: Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved [View instapost]
    I’m in Cincinnati on business this week and yesterday I took a drive over to Florence and spent an hour at ePower headquarters with Jay and the crew. I came away with a much better feeling about my investment in ePower, and consequently also about Axion. I can tell you this; ePower is going to be a very big deal, and they are going nowhere without the PbC.
    I first spent time looking at the big rig. I’ve been building custom cars all of my life and can really appreciate the amount of engineering and fabrication that went into this truck. Everything looks factory. You’d never guess that a couple guys built this in an old warehouse. From the motor mounts to the wiring harness, everything but the battery boxes were made in-house. Those were made by a local welding shop and are nicely made as well.
    Then we looked at the day cab. It’s getting a few upgrades made now to get it ready for the Electric and Hybrid Vehicle Technology Expo next month in Detroit. Again, the workmanship is top-notch.
    Then Jay asked if I wanted a ride. I was as giddy as a schoolboy at a chance at my first ever ride in a big rig. The fact that it is an ePower truck made it that much sweeter. Mario and I hopped in and he started it up. Once the air pressure built up he set the diesel to 1800 RPM and off we went. We had no trailer and I didn’t know what to expect, but I tell you this thing can move. Mario said even with 55,000 pounds in the trailer it still gets to speed faster than a regular truck. I have no basis for comparison, but it seemed very smooth and quieter than I would have thought. We headed out on I75 and cruised along at 70 mph. Again it was very quiet. The automatic transmission shift points were almost unnoticeable. I can see where this truck would make anyone a better driver.
    I would recommend anyone who is an accredited investor to seriously consider getting on the ePower train before it leaves the station. It will be a few years before they really take off, but there is no doubt in my mind that it will happen.
    Aug 7, 2014. 07:49 AM | 51 Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    Jeez. A few changes in the 10-Q and everybody wants to run for the hills. And do you really think that Maxim would only call one guy out of all the shareholders on this board? And an admittedly small one at that? I would hazard that I am perhaps one of the largest shareholders and I received no such call. Wouldn't you think they would reach out to large holders if they were desperate to find buyers? They could easily find my number if they were looking.

    Some of you work so hard to find reasons to worry. Why not try working just as hard to find reasons to be excited about the future? Like ePower, our "unnamed" diesel stop/start partner, NSC, etc.

    I may be blind, but stop for a minute and look at everything that has happened recently that is positive. IMO, until I'm proven wrong the positives greatly outweigh the negatives.

    Aug 14, 2014. 08:43 PM | 25 Likes Like |Link to Comment
  • Axion Power Concentrator 217: Mar. 13: Axion Power And EPower Engine Systems Inaugurate Strategic 18-Wheeler Alliance Using PbC Batteries In Hybrid Drive Trains For Class 8 Trucks [View instapost]
    Jeez. I don't get around to reading the APC for a couple days and the mood really seemed to turn for a few folks. I on the other hand am more excited than ever. After the ePower PR I bought some more. I have a neighbor who runs a hedge fund. I got him interested in Axion a while back and he has been adding here and there. He asked me what I thought about the PR and I told him I was more excited about it than I am about BMW.

    Reason is this; Imagine later this year when a few of their conversions are on the road. Those owners start telling their driver buddies how much less fuel they're using. Those guys tell some other guys and so on. Word of mouth in the truck driver world will be a huge catalyst for future growth, IMO.

    As for delays in PR, etc. I'm not worried at all. I've been an IT project manager for years and nothing ever goes as planned. I'm running a multi-million dollar project now that we are delaying a couple months so we can get it done correctly. No different in the battery world of that I am sure.

    Should be an interesting year without a doubt.
    Mar 13, 2013. 05:32 PM | 22 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    As we get ready to close out 2014, which everyone will agree started with much promise and is ending with much anguish, I've been trying to put things in perspective. As I mentioned above, I've been buying at this level, and I believe the results of that strategy will be known in short order. I'll either have some 10-bagger shares or I'll lose even more money. I believe it will be the former.

    Many people here have been overly critical of Tom Granville, and I will admit that I sometimes wonder what the real story was relating to many things, but here are some facts I considered before partaking in the offering and buying even more shares since.

    Over the last 5 years, someone at Axion has;

    Made a public presentation with BMW and continued to work with them on testing, etc. Even if nothing ever comes of that LOB, it speaks volumes to me.

    Worked with NSC to rebuild and test the NS999. I've always said this excites me more than other potential wins. To be called an industry partner, how big is that? Again, I believe it speaks volumes both about the PbC and the management team that worked with NSC.

    Convinced Cummins to send a team of engineers to Florence, KY to work with ePower not once, but multiple times. Free of charge. Does anyone really believe that Cummins would do this out of the kindness of their heart just to help a struggling start-up as a favor?

    Convinced the Navy to use the PbC in their zero-emission test location. Yeah, we'd like to hear more about that and other initiatives, but anyone here that has either been in the military or worked in or with any government agency on any type of procurement knows things don't happen over night.

    Worked with BySolar and now the Coatesville initiative and convinced them that the PbC is the best solution. That didn't happen by itself. Someone at Axion spearheaded those.

    There's a few other things in the works so we've been told. I believe DDG is going full-speed ahead on many fronts and I don't believe selling the company is one of them. Within the next few months perhaps one of them will come to fruition. Once tax-loss selling is done, the price should start walking up a bit and it wouldn't take much news for us to avoid the priceless conversion scenario.

    I'm staying long.
    Dec 28, 2014. 10:38 AM | 21 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    I've actually been a buyer here. The reasons that made me buy at .10 have not gone away so .02 seems like a good decision. I do think DDG is doing the things he needs to do and the technology for sure hasn't changed. We just need one catalyst to see a huge gain and I think we'll see it soon. Of course I've been saying that for years but this time I mean it. :-).
    Dec 23, 2014. 01:18 PM | 21 Likes Like |Link to Comment
  • Axion Power Concentrator 322: Apr. 09 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    OMG, how many times does John have to say that he will say something when he is able.
    Apr 10, 2014. 08:18 AM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 317: Mar. 22 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    I'm afraid most of you are reading this all wrong.

    It appears that Mr. Graham was such a good CFO and others know it, that it got him a substantial increase in pay. He would be nuts to turn it down. Nobody here would do so.

    No need to feed into the already excessive negativity around here unless one of you know for a fact that the reason for his departure is something other than stated in the PR.
    Mar 26, 2014. 04:51 PM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 293: Jan. 01 '14: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    Yes, John. I'm also weary of it. I think some people are simply mad at themselves becasue they have lost money so far and a way to make themselves feel better about their decisions is to redirect the blame to others.

    I did a lot of DD before putting a lot of money into Axion. I checked out Tom Granville. One of the criteria I look at when investing in any company is the top guy. I look for a strong horse but I also want a jockey that can take him to the finish line. I believe TG can do that. I think I am probably down about $200K at this point with Axion. Do I wish I had waited? You betcha. Am I mad? Absolutely not. Getting mad doesn't do me any good. Would I change management at Axion? Same answer. No way. They have done nothing to demonstrate to me that they are not doing their best to make the company a success.

    The talk about banding together and trying to do something about management is hilarious. Best laugh I have had in a while. Good luck with that.

    Maybe we should start a new concentrator where we can go back to a discussion about the technology and its possible applications, rather than blathering on about how the management sucks.
    Jan 2, 2014. 12:59 PM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 154: Sep. 25, 2012: APMarshall's Sep 2012 CEDIA Notes & Updated John Petersen Charts [View instapost]
    Hi, My name is Bird and I'm an Axionista. It all started 3 years ago when I heard about Axion and a patent they received for a new kind of battery. First it was 500 shares, then 5000. Then I couldn't stop. It started interfering with my work, then my sleep. I started hiding it from my friends.

    I think I'm all better now. After another 50000 today I'm done. Finished. No more. I swear this time is different. You have to believe me.
    Sep 25, 2012. 12:53 PM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 392: Mar. 14, 2015 [View instapost]
    I have tried avoiding reading the APC, and as I write this I have not read any comments for a few days. It seems to be soul-baring time on the APC and at the risk of being ridiculed for being optimistic, I'm going to explain why I am holding and may actually consider being a buyer in the near future.

    I will readily admit this has been an effing disaster. I'll not place the blame on anyone other than me. I have no clue if TG and the others are incompetent or not. Makes no difference now. Time to get over it. What's done is done.

    However, I'm positive NSC did not name Axion an "industry partner" without doing a fair amount of work with, and investigation of, the company. I have no clue why there has been no news from them, but that doesn't change the fact that somebody there was impressed enough with the technology to move ahead with the second version of the train. Some positive news from that front would do wonders. I'm not counting on that happening in the near future, though.

    BMW? No idea what happened there. Don't care at this point. Maybe it's dead, maybe not. I would like to know of course, but doubt I ever will.

    There are two things that will happen in the near future; ePower and PEV. Either one will improve the perception of Axion in the market.

    As an ePower investor I have a unique perspective related to them. I have met both Jay and John. I have visited the shop and have ridden in the big truck. I know that there will be either good news or bad from them very soon. Within a few months someone will be testing and we'll know if the testing went well or not. For obvious reasons I hope it does and I firmly believe it will. You may not agree, but if by summer a couple trucking firms sign up for rebuilds, there will be a lot of renewed interest in Axion. I'm not going to bet against Jay. Like I said I've met the man and seen the trucks.

    Within a few months PEV will either make a sale or not. Simple as that. There's a whole lot of solar and storage activity going on and maybe they can grab a piece. I know they are hitting the bricks to make it happen. As with ePower, we'll know by mid-summer.

    Yes, we need a CEO. Someone with vision and guts to make this happen. I thought DDG was the man. We'll never know. Now, I'm not being sarcastic when I say this, but I'll ask Rick why he doesn't contact them and offer to take over. Rick, you're obviously very bright, and you have plenty of ideas for what needs to be done, whether it be firing the BOD or selling batteries to anybody who comes calling. I don't know what you are doing now for employment but here's an opportunity to shine.

    Yes, I know we are going to need a reverse split to stay listed. Probably 1 for 20 at least. This time I will not vote for leaving the authorized at 100M, and I will run if the name Maxim is mentioned in relation to financing.

    B warrants? Yep, they suck. It does appear we'll either hit the 100M limit or come close to it. Somewhere around 60M shares have traded since 02/23. I have no clue how many of the B's have been converted but I'm guessing over 50%. Seems to me the big players would have converted and sold quickly. I've seen a lot of offers of 100K shares or more over the last few weeks, and I figure those are shares being dumped upon conversion. I guess we'll know soon after the end of March.

    The odds for all of this happening? Probably slim at best, but IMO we will know in relatively short order what's going to happen either way. We don't have to be profitable this year. Look at PLUG. They aren't profitable yet, but all it took was one big player to step up and they have a $500M market cap. An order or two and we should at least be a $100M company again. We'll know soon enough.
    Mar 21, 2015. 04:57 AM | 16 Likes Like |Link to Comment
  • Axion Power Concentrator 319: Mar. 31 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    OB, if you're a simplton than I am as well. I agree with you 100%. I wish some folks here would start their own concentrator and they can P and M all day and not interfere with constructive discussion regarding Axion.
    Apr 1, 2014. 12:12 PM | 16 Likes Like |Link to Comment
  • Axion Power Concentrator 83: Beginning March 30, 2012, Bangwhiz's Article, Selling The PbC Battery - It's Not Easy Being Green! [View instapost]
    You guys are making me smile this weekend. Yesterday was my last day of work, for at least a while. I think I have said before on this blog that I was forced to retire because my job was outsourced to India by our British owners. At age 54 I consider myself very lucky that due to lots of hard work, long hours and a bit of luck I should be able to live my current lifestyle for the rest of my life and never work again if I choose not. Axion is one of my picks that can make things a whole lot better. I'd be thrilled to hit a couple bucks 5 years from now. Anything more will be extra gravy on my potatoes and allow a better quality scotch on the shelf.
    Mar 31, 2012. 04:43 PM | 16 Likes Like |Link to Comment
  • Axion Power Concentrator 356 August 7 '14: Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved [View instapost]
    Just noticed I said "will be a few years". I should have said "may be a few years" because once word gets out in the trucking community I'm willing to bet things move very rapidly to get these trucks on the road.
    Aug 7, 2014. 07:59 AM | 15 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Great news. Now I am waiting for the complaining to start that the order isn't for 5.
    May 14, 2014. 08:14 AM | 15 Likes Like |Link to Comment
  • Linn Energy: When Will The Pain Stop? [View article]
    @Gene - Maybe you know what you say, maybe you don't. One thing is clear and that is you certainly have a lot of conviction in what you write.

    However, when I see a poster with no bio, very few comments and every single one of them directed against either Linn Energy or Seadrill, I have a hard time taking that poster seriously, especially when a preponderance of Caps are used in said posts.

    You seem very angry at something or someone, and I don't understand why you feel it necessary to apply your rants so vehemently here. If holders of LINE have lost value in their holdings, it is their personal problem, not yours.
    Dec 30, 2014. 04:34 PM | 14 Likes Like |Link to Comment