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  • Axion Power Concentrator 323: Apr. 14 '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]
    Apr 14 07:18 PM | 20 Likes Like |Link to Comment
  • Axion Power Concentrator 323: Apr. 14 '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]
    "Besides, I bought Axion before steady sales so, I obviously have poor impulse control. "

    I suspect you are not entirely alone here in that regard.
    Apr 14 02:04 PM | 15 Likes Like |Link to Comment
  • Axion Power Concentrator 335: May 19 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed [View instapost]
    I decided to bring APH's comment here

    Axion Power Host Comments (395)

    Author’s reply » Two comments have been deleted as they threatened to deteriorate into personal battles deleterious to our purpose here.

    Contrary facts are welcomed and tolerated when due respect is maintained.

    This thread is certainly beyond borderline.

    FYI: Comments of *several* regular participants have been deleted in the past, including JP, HTL, Mayascribe, ...

    Guideline: If you do wish to participate here:
    - What JP does in his articles is his business. Don't drag that stuff here - it' not tolerated well from anybody including him. APH does try to avoid treating folks like children though and this does require some infrequent "laissez faire" in policing these things.

    - Present your "facts", avoid the personal attacks and use of pejorative terms that add nothing to the benefit of the readers.

    - Avoid needless and unproductive repetition of that which has been presented before.

    - APH does not engage in conversations about these things. Deletion may appear arbitrary. APH doesn't care. Color your behavior to suit your priorities and goals in light of this.

    Thanks APH!
    May 22 12:49 AM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 229: April 20: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    Here Here!
    Thanks Maya.
    Thanks to all the Axionistas who post good questions.
    Thanks also to those how post good answers.
    Without the former we would not get the latter and often times I don't know enough to ask the question let alone know the answer.
    Also thanks to those who post bad questions and bad answers.
    If somebody posts it others likely thought it as well. Getting ideas and information straightened out is a multistep process. Over the years, I can now answer some questions, I wouldn't have thought of years ago. Without this place I would still be in the dark on may aspects I now understand.
    Unfortunately there are still mountains of things i have yet to learn so your job isn't done yet.

    So tonight i hope, in your own time, you will join me as I raise a toast to my fellow teachers and students and send good wishes to all the Axionistas.
    Apr 22 09:38 AM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 287: Dec. 05 '13: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    Apparently the electricity thief is a jerk who was trespassing as he had made problems at the school before.

    Police Issue Statement Detailing Why the Electricity Stealing Nissan LEAF Driver Was Arrested (w/video)

    The responding officer located the vehicle in the rear of the building at the kitchen loading dock up against the wall with a cord run to an outlet. The officer spent some time trying to determine whose vehicle it was. It was unlocked and he eventually began looking through the interior after verifying it did not belong to the school system.”

    “The officer, his marked patrol vehicle and the electric vehicle were all in clear view of the tennis courts. Eventually, a man on the courts told the officer that the man playing tennis with him owned the vehicle. The officer went to the courts and interviewed the vehicle owner. The officer’s initial incident report gives a good indication of how difficult and argumentative the individual was to deal with. He made no attempt to apologize or simply say oops and he wouldn’t do it again. Instead he continued being argumentative, acknowledged he did not have permission and then accused the officer of having damaged his car door. The officer told him that was not true and that the vehicle and existing damage was already on his vehicles video camera from when he drove up.”

    “Given the uncooperative attitude and accusations of damage to his vehicle, the officer chose to document the incident on an incident report. The report was listed as misdemeanor theft by taking. The officer had no way of knowing how much power had been consumed, how much it cost nor how long it had been charging.”
    "“The report made its way to Sgt Ford’s desk for a follow up investigation. He contacted the middle school and inquired of several administrative personnel whether the individual had permission to use power. He was advised no. Sgt. Ford showed a photo to the school resource officer who recognized Mr. Kamooneh. Sgt Ford was further advised that Mr. Kamooneh had previously been advised he was not allowed on the school tennis courts without permission from the school . This was apparently due to his interfering with the use of the tennis courts previously during school hours.”
    Dec 5 10:30 PM | 13 Likes Like |Link to Comment
  • Why Tesla Had To Repay Its DOE Loan [View article]
    If you removed attacks on you with no regard to the articles or your comments, the comments would be down at least a quarter.
    I admit I am amazed and appalled at how bad most attempts at defense are.

    Of course I wouldn't like to try arguing with you either. You know too much about too many parts of the industry as well as the obvious credentials. Heck I can't type as fast as you can put together a coherent argument. :)
    Sep 1 07:26 PM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 335: May 19 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed [View instapost]
    I also appreciate the negative posters. However things started getting personal. Attacks were launched on both sides.
    It doesn't matter who started or why or who did the most or is most maligned.
    We have a number of issues going on.
    Many of which are important to the company.
    We; as all humans, think we are right, otherwise we wouldn't have that opinion in the first place.
    (Have you ever met anyone who said "This is my opinion but I think I'm wrong."?)
    I started getting involved on the RS and decided against reading for a few days. A few more people, might be less stressed, if they took a break also.

    If you think I'm talking about you. (Whoever you are) I probably am.
    If you're sure, I'm talking about the other guy, I'm probably talking about you too.

    May 22 09:36 PM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 330: May 08 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    I've always found you well grounded and your basic technical knowledge is far beyond my own. It's been good learning from you. I hope you keep an eye on us and continue to drop by. If not I wish you well.
    May 10 02:57 PM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 326: Apr. 24 '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]
    Thanks to you too for starting this Maya.
    Apr 25 09:26 PM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 212: Feb. 27: Axion Power PbC Batteries Continue To Demonstrate Effectiveness For Railroad Applications Norfolk Southern [View instapost]
    It is pointing to Germany as it's example of doing a good job while other countries are banning Germany's energy dumps.

    Poland And Czech Republic Ban Germany’s Green Energy
    Date: 29/12/12 Daniel Wetzel, Die Welt

    " Germany’s ‘eco-miracle’ simply used the power grids of neighboring countries not only without asking for permission but also without paying for it. Now Poland and the Czech Republic have pulled the plug and are building a huge switch-off at their borders to block the uninvited import of green energy from Germany which is destabalising their grids and is thus risking blackouts."

    Technologically possible and economically feasible are not in the same boat here.
    Mar 1 09:36 AM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 335: May 19 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed [View instapost]
    From the transcript.
    Stephen Moroney - Private Investor

    Okay. And a last question before I let you go. At the end of your, I guess press release you noted that, that you were going to be charging forward in Hawaii and California. Do you guys expect to add somebody to focus primarily on that market?

    Thomas Granville - Chairman and CEO

    I think you want to make that a bodies, yes somebody’s to do that. It's way too hard to try and attempt to do that from New Castle with the travel that would be required and the time zones and everything else. We talked about increasing our sales force in the past and we’re still pursuing that and will be adding to the sales force before the end of this quarter."

    So within 6 weeks.
    May 21 06:18 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 325: Apr. 21 '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]
    BTW about how long it's taking the automotive companies to move.
    Exide who surely knew how the auto companies work signed an exclusive contract with Axion (At least for automotive) that would have ended last year.
    Does anybody think they planned on an exclusive that would end before any serious amounts of batteries were sold?

    Not to mention a month or so later the European announcement of CO2 standards to begin next model year. Which gave the whole project a jump on when Exide was going to introduce Axion to customers by a year or two?
    I don't think Exide had a clue as to how long it would take. Why should Axion have known.

    TG has said (Approximately) If you asked me four years ago if I thought we would still be waiting for an answer I'd have said no we would be either in or out.

    IIRC The deal with Exide said 2 18 month periods of testing after which Exide had to start selling an increasing number of batteries to keep their exclusive deal.

    Here is part of the release:
    According to the terms of the agreement, three consecutive phased purchase- and test-periods will commence immediately, with Axion supplying an escalating number of batteries to Exide on a monthly basis. The first two phases will span 18 months and if successful the parties will move to the final 2 phases of the agreement. The quantity of the products supplied will need to achieve certain defined milestones, commensurate with what the market potentials could be, over the remaining 2.5 year period of the agreement if exclusivity is to be maintained. Shipments delineated under the agreement would begin in Phase I, which is scheduled to last 10 months and would ramp up at each phase point, assuming successful testing. No further details on anticipated shipments and schedules were released.

    The agreement will make Exide Axion Power's principal battery original equipment manufacturer (OEM) customer. Axion will still retain the limited ability to market its PbC battery to one other lead-acid battery manufacturer under an existing agreement and Axion will be able to sell all its products to current customers, and into certain large potential markets on which they have chosen to concentrate.

    If sales increase to a point where Axion cannot provide the quantities required, Axion agrees to grant a license and to sell certain materials to Exide to make a co-branded product. Axion expects its capacity to be exceeded, but plans to produce its proprietary carbon electrode for use in the batteries, whether the batteries are manufactured by Axion or Exide. This is in keeping with Axion's long-stated business plan of "providing carbon electrodes to lead-acid battery manufacturers to make their products better."

    A four year exclusive contract that would have ended April 15 last year.
    Exide expected things to go much faster also.
    Apr 25 05:07 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 281: Nov. 07 '13: Axion & Norfolk Southern At ASME Rail Conference; John Petersen Joins EPower [View instapost]
    "Setting up a training class" connotes preparation for startup. Questions iinclude, When would the training start and how long is the training period?"

    3000 Women are now being recruited.
    To have children.
    The children's first phrase will be "Axion inside."
    These children will be specially designed Legos. with PbC stickers on them.
    Growing up they will have unlimited access to Lionel's factory and later the locomotive section of the Henry Ford Museum and Atlanta NSC training center.
    After the successful candidates getting PHD as EEs 5 will be selected as potential instructors.
    For the next generation which will be trained for 10 years to work with the 999 and hybrid locomotives.

    NSC Racing to the future.

    Nov 7 08:28 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 274: Oct. 11 '13: Axion & Norfolk Southern At ASME Rail Conference; John Petersen Joins EPower, APMarshall AGM Notes; 10Q Filing For Q2 [View instapost]
    " He knew exactly what the PIPE deal would do to the stock price and existing shareholders, my opinion of TG has not and will not ever change. "

    You think he is purposefully trying to harm the existing shareholders himself included?

    I find that unlikely, I think you have gone over the top.

    Possibly I am wrong.
    Do you have any evidence that TG knew what was going to happen?
    Has he been involved in such a financing deal before?
    If so, did it turn out this badly?

    Do you have evidence that there was another and better option?

    For a basic defense:
    It was Trago's job to evaluate the financial aspects of the deal. He was TG's adviser. That's why you hire people, to advise you.
    No one knows everything.

    Even JP admits to having made that mistake once.
    A whole lot of companies done same thing.

    It's not like the Big Uglies were much better. Yes they didn't have an incentive to drive the stock down but they did anyway.

    Frankly, I just think you're so angry you are not seeing straight.
    You've made a lifetime decision that TG has purposefully damaged the company and the stockholders including himself.

    "my opinion of TG has not and will not ever change. "

    I'm not arguing the deal is not a bad one.
    So evidence:
    TG knew and purposefully made a bad deal?
    That he is insane enough to do this to himself and us?
    That he had another and better option available at the time?
    Oct 13 05:17 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 248: July 2: Axion Power Receives Order To Supply Class 8 Truck Battery Strings For EPower [View instapost]
    A bit late but before the weekend is over anyway.
    Monthly US plug in sales for June.
    Data Shows 93 Percent of Those Who Obtained an Electric Vehicle in Late 2012 Choose to Lease Rather Than to Buy
    Consumers Reports came out and said Leasing is the way to go with EVs.
    Aside from cheap leases here is another reason
    NADA: Used Plug-In Vehicles Burdened With Highest Depreciation of All Vehicle Segments

    An interesting divergence in guesses as to how many cars Tesla sold leaves us without a clear leader.
    While all sources (Three) agree that Tesla’s sales were down The numbers are in question. The spread is Insideevs is 950 Hybrid cars dashboard says 1,800 Auto data is reported to split the difference around 1450.
    The six month totals of Insideevs and auto data are within a few cars. Hybrid cars dashboard says 10, 650; Insideevs says 9,850 or 800 cars apart.
    As I do not have an explanation from the other two, I will shorten Insideevs thinking without a response from the other two. Essentially Tesla has run through their backlog and the party in the US is over. They will need sales in Europe for more production. (BTW Musk said they are getting 200 reservations a week from Europe. No word on US reservations.) Some production is now going to Europe and all early orders are expected to be filled this year. Some slowdown for tooling for European models will occur. Essentially a race in opening new areas and shallow pools being filled ATM. (Tesla has lowered their reservation amount to 2,500.)"
    You can read the whole thing here.

    Chevrolet Volt: 2,698 best result for 2013 by over 1,000 cars and it may have regained the lead in sales for the year over the Leaf and possibly Tesla. Increasing incentives gave the Volt a boost in sales.
    For the year, GM has now sold 9,855 cars versus 8,817 through the first six months of last year; an increase of about 12%

    Leafs sold 2,225 for June 316% over last June and compared to last year total 2012. A 213% increase. This is the first month the factory in Tennessee has increased the inventory. Which for the 4th month of production puts their output at 2,725 ?

    In June Nissan also finally bucked the trend of losing the battle to keep a consistent inventory level of LEAFs at dealerships across the country. That being said, the victory was marginal at best with about 500 units being added from
    Chevy Spark EV sold 27 in11 days of June.
    SMART ForTwo Electric Drive: 53 were sold. They expect to sell around 60 a month and expect to stay there until a national roll out in Oct. $199 a month total. $80 is for a separate battery lease. (68 miles on a 17.6 kWh battery.)

    Fit EV: Honda slashed the price of its lease cost on the Fit EV. (They don’t sell them.) $389/month to $259 deal. With unlimited miles. June sales were 208 Fit EVs, which is 32 more than they sold in the first 11 months the car was on sale.
    Accord Plug-In: 42 sold in June. They are still trying to make money off the Accords. They need to “price them right” with a huge loss then they will sell.

    Prius Plug-In: 584 sold in June. This is the worst month since it’s first partial month of 21. (Feb 2012) Even with 0 in Jan of 2012 this year is behind last for 6 months and going down.
    YTD total to 4,214, last year 4,347. There is no corporate reason for the lack of sales
    RAV4 EV: sold 44 copies of their all-electric SUV. About half of last months 84. Except of one month with a $10,000 discount and 0% financing the Rav 4 has not breached triple digits. It is a compliance car. On the plus side more are being sold in average months than the end of last year. (When it first came out.)

    Fusion Energi: 390 in June. The Fusion Energi appears to have topped around 400 at present. 365 in April. 416 in May. 390 in June. Time will tell.
    C-Max Energi: 455 in June and appears to have found a level at 450. (between 400 and 500 for the last 4 months.
    Focus Electric: Sales in June came in at 177. It is selling about 160 a month for 5 months.
    Is such regularity a plan? (Not announced as compliance vehicles but Ford says they don't expect sales to be much better going forward.)

    Ford “really committed” to hybrid and electric vehicles. But for the moment Hybrids. They think the battery is too expensive and they weigh too much.

    Fiat 500e: While not technically on sale yet the car has apparently been sold out or nearly so. Here is what Insideevs has to say about it.
    “Fiatsler’s answer to CARB compliance requirements has been slated to go on sale this summer, and in a shock to many, they priced it right. Want proof of that? The company says the car has already approached a near-sold out status for 2013 already. The very capable, and good looking, Fiat EV has a sticker price of $32,500, but more importantly has a lease offer of $199 month, with $999 down.”
    Let me point out the “Right Price” has Fiat taking a stated loss of $10,000 per car. Also the number for sale is not known. Fiat has stated it is a compliance car that will only be sold in California.

    Insideevs estimates as of July 1 there were 120 or so iMevs in the US. After 33 sales last month. I only mention them as 50 were sold to CA municipalities this week.
    Fisker still is getting some sales, probably Coda as well. The point being not every EV is included here but nearly all.

    A global factoid.
    United States Accounts for 70% of Cumulative Global Sales of Plug-In Hybrids and Almost 25% of Pure Electric Vehicles
    Japan has another 25% of the EV market (Since late 2010)

    One other thing: EV fans point to the increase in EV sales YOY.
    there were 6 cars that were reporting sales in June 2012.
    in 2013 there are 13.
    Until Teslas numbers are reported and we find out who was closest, the total highest month was Dec 2012 not in the last 6 months. Most jumps and cars being sold are at large losses on leases. More EVs are selling but it is not, by an impressive amount.
    Jul 7 07:46 PM | 11 Likes Like |Link to Comment