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jcrjg

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  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    D,

    I thought about that and I agree it is a possibility. However if they are in contact, the more logical way to do it is to ask NS if Axion can say something. Unless the fact that the two companies are still in contact is confidential there is no reason to phrase it that way. Given it is one of three areas we are focusing on, I certainly hope you are right.

    Thanks.
    Nov 9, 2014. 05:58 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    The shareholder letter had this odd phrasing

    "... and we believe Norfolk Southern when they say in their annual report ..."

    A couple of others commented on this above. It seems to me that the logical conclusion of this is that they are not in communication with NS. Are there other reasonable interpretations of this?
    Nov 7, 2014. 06:55 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 345 June 30 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Al,

    Thanks, that is helpful. I have been trying to answer the question of how much of the stock do I want to own at the current price. I have a small stake (a few percent of my portfolio). The reason that I have not purchased more is that I am concerned that Axion could fail and I would not want to have 10 - 15% of my portfolio go away. I see the upside of the company but I am worried about the downside. It sounds like you are very confident that Axion will succeed but I would be interested to hear how you think about the downside case.

    Once I answer the question of how much I want to own at the current price, I reevaluate as new information (changes in the company or price) comes in. I personally don't try to evaluate the short term effect on stock price because I don't have a good feel for that. I do try to anticipate what effect the next raise will have. For that purpose I assume a higher "cost" of the company than the current market cap of $30M.

    Thanks.
    Jul 1, 2014. 03:21 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 345 June 30 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Al,

    You made a comment on the 343 concentrator about the market cap really being $16M if the next raise is included. That comment makes it sound like next raise makes axion even more of a bargain than it is at $30M, rather than saying you are now buying something for $30 that you will soon be able to buy for $16. I reviewed some of your previous comments (from the 341 concentrator) and given your expectations about the terms of the upcoming raise, it seems like for purposes of calculating potential return and margin of safety you would need to use a much higher number for axion's current value. Am I misinterpreting your comments or were you giving a "worst case" as you see it and saying that even in the that case you expect a 50% return?

    Thanks.
    Jun 30, 2014. 08:12 AM | 2 Likes Like |Link to Comment
  • Current Update From EPower Engine Systems [View instapost]
    Great news, thanks.
    Jun 10, 2014. 09:34 PM | 1 Like Like |Link to Comment
  • Current Update From EPower Engine Systems [View instapost]
    John,

    I haven't followed the concentrators as closely recently so I apologize if you have already mentioned this. Putting aside the issue of whether you think you can do a little better with certain tweaks, are you basically where you need to be in terms of simultaneously getting good fuel milage and performance?

    Thanks.
    Jun 10, 2014. 07:47 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 338: May 29 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed [View instapost]
    jveal,

    Thanks. In regard to your number 4, I did not get the impression from the conference call that those additional orders were imminent, did I miss something? Obviously, that would be great news and the one most likely to be a real catalyst for the stock price.
    May 30, 2014. 12:44 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 338: May 29 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed [View instapost]
    jveal,

    When you refer to "the week of potential news", are you referring to NS or something else?

    Thanks
    May 30, 2014. 11:22 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    in the press release TG said:

    "The four PowerCubes will be part of four individual Solar PV systems that will provide solar power to a commercial entity, employ net metering with the grid, participate in the frequency regulation market and provide backup power to the commercial entity in the event of an emergency. We spoke of our 'model' in a letter to shareholders back in January in which we highlighted the advantages of combining Solar PV with storage. That model was the basis for our original New Jersey order and for the recent four unit follow-on order. The frequency regulation portion of that model, with or without any of the various solar configurations, is what has continued to attract potential market participants."

    Does this mean that if a customer is just interested in net metering and backup power they will not buy the PbC and that the benefit of the PbC is the extra revenue provided by frequency regulation? Presumably a conventional LAB would provide some benefit in frequency regulation. So the economic calculation that the customer will do is comparing the increase in frequency regulation with the extra cost required by PbC.
    May 16, 2014. 08:03 AM | 3 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]
    D-inv,

    I agree about the empower purchase order. I thought it was basically a way of expressing the sentiment that ePower likes the battery and when and if they are ready to purchase more they will purchase from Axion. I thought this was good but it was more confirming something I already knew, that the battery performed well under some set of parameters. The epower purchase order did not tell us about whether or not those parameters represent a useful area for a truck to operate. We still have all of the questions that Rick raised a while back.

    This feels very different. It is another entity confirming the goodness of the batteries. It is a repeat order. In this case it feels like we "know" that the economics of this application are at least good and maybe great. Is this order confirmation of that?

    Thanks.
    May 15, 2014. 07:44 AM | 7 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]
    So now that we know TG was able to deliver, is the stock a better buy at $0.18 then it was yesterday at $0.14 when we did not know about the sale? I bought some at $0.16 and have doubled down in the last few weeks. What I am trying to decide is whether this news warrants another double dow.
    May 14, 2014. 09:37 PM | 5 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]
    In January Axion said:

    "In 2013, PJM's revenue payments per MW averaged more than $18,500.~ net per month after expenses, at a conservative 80%~ participation rate."

    Given today's announcement are we to conclude that a 1 MW system costs ~$550k?
    May 14, 2014. 10:42 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    $400k is outrageous for a company in Axions position and it doesn't matter what he used to make. I don't mind them getting stock options that are priced to the current value but you can't take that much cash out of the business.
    May 11, 2014. 06:11 PM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    So what is his salary?
    May 11, 2014. 05:54 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    In the last concentrator Rick said that TG had received ~$5M over the last ten years. Is this correct? I thought TG salary was in the $200k per year range.
    May 11, 2014. 05:16 PM | 2 Likes Like |Link to Comment
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