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  • Axion Power Concentrator 258: August 7: Two Axion Forbes Articles By Tom Konrad; John Petersen On The PIPE Mechanics And Incentives [View instapost]
    I think it is a classic also JP!
    Aug 11 02:19 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 258: August 7: Two Axion Forbes Articles By Tom Konrad; John Petersen On The PIPE Mechanics And Incentives [View instapost]
    The batteries Axion makes for East Penn were not for the auto market. They were for industrial use.
    Aug 9 01:39 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 258: August 7: Two Axion Forbes Articles By Tom Konrad; John Petersen On The PIPE Mechanics And Incentives [View instapost]
    DRich> If man was meant to fly we would have been born with wings! The Red Bull jumper reached 1,357.64 km/h (843.6 mph)—Mach 1.25. Baumgartner broke the sound barrier on his descent thus becoming the first human to do so without any form of engine power.: Almost no air resistance or drag at his jump point!
    Aug 9 03:46 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 258: August 7: Two Axion Forbes Articles By Tom Konrad; John Petersen On The PIPE Mechanics And Incentives [View instapost]
    What Axion had in Dr. Buiel was a good Technology Evangelist. See definition here: http://bit.ly/11QpOjX It's a common position title in the computer technology field which is where the term was first coined I believe.

    Dr. Buiel made a presentation that drew BMW's and other auto company's initial interest in the PbC. I think TG thought Axion was near a fairly quick hit on several fronts (DOE, BMW, NSC) and didn't allocate any budget after Ed left to continue the effort. Maybe Enders did and did a good job, but I think the volume of presentations, white papers and conference meetings has dropped off to almost nothing I can detect. Maybe I am deaf dumb and blind.

    Ideally you team up a great sales person with a great technology evangelist and they play tag team on any decent prospect. At least that's the way I always managed sales as a non-technical VP of sales within engineering and R&D companies. However, I've never agreed with Axion's business development effort anyway.

    I remember Vani's resume or some write up about him saying he generated $500M in proposals at his last now defunct employer. I am not sure, frankly, if he is one of those guys who throws as much paper up against the wall as possible hoping something sticks, or if he really is a super sales executive. Based on his foot in the mouth boner about NSC's future locomotive buying plans I'd say he is more of a paper pusher and coordinator than a super sales VP. Just spit balling based on impressions that might be entirely undeserved. I haven't even met the guy.

    Having expressed my Axion thoughts for a change I will disappear back into the wood work again and continue "wishing and hoping and etc" for Axion. I want my money back!
    Aug 9 01:10 AM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 258: August 7: Two Axion Forbes Articles By Tom Konrad; John Petersen On The PIPE Mechanics And Incentives [View instapost]
    Totally agree DRich. I was writing my comment as you posted yours and I didn't see it until I finished mine. This issue should be TG's virtual sole focus and he better not be waiting for the phone to ring. He needs to get his frequent flyer card out and burn it up traveling and talking to prospects. I frankly don't know if he has the skill set needed to address this issue successfully. The results, positive or negative, will clarify that question.
    Aug 8 09:12 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 258: August 7: Two Axion Forbes Articles By Tom Konrad; John Petersen On The PIPE Mechanics And Incentives [View instapost]
    I will rejoin the conversation briefly because in my absence from discussion with the APH I have been thinking about Axion's sales impediments. Although not posting I have been a steady reader.

    Two glaring issues to me in terms of sales are that (1) any system that designs in the PbC is also creating (2) a sole source supplier as things currently stand. Obviously ePower wasn't worried about it because without the PbC they essentially didn't have a cost effective system that worked as intended. BMW raised the sole source issue with Axion and said you better fix this.

    I think the sole source issue with companies is a major impediment to selling the PbC. Throw in the financial condition of the company and a 13 cents and change stock price and you create severe problems overcoming sales resistance to buying the PbC.

    Trying to rationalize this problem away is a fool's game to me. I think Axion needs manufacturing partners more than any single other thing if it is going to succeed. The more the merrier. Yeah, there are issues to resolve (not the least of which is resistance from AGM manufacturers who probably hope the PbC goes the way of the dodo bird), but if Axion doesn't entice some companies into partnering with it than I think there is little chance Axion will survive.

    The next conference call is going to be interesting. I won't be participating, but it is time those that are still holding the stock asked hard-ball business questions first versus any technical questions. I hope the conference doesn't end with another unsubstantiated encouraging Granvillism like "we have a extra bounce in our step" bs. It's time for real information and not pablum like that.

    I would desperately like to rebuy Axion stock and recover my 70% or more losses of the past few years. When it was kicking around at .18 I thought to myself let's see where it is late Friday afternoon. It took a couple of Friday's and a tad more to fall back to .13 and change. My intuition was correct. I have no idea what the stock price is going to do from here, but I just don't believe any AXPW stock price means anything until something significant happens on the sales front. I also don't have a clue when that will occur either.

    If Tom Granville keeps up with his past performances I won't have a clue about the future of the company after the conference call either
    Aug 8 09:04 PM | 19 Likes Like |Link to Comment
  • Axion Power Concentrator 255: July 27: Two Axion Forbes Articles By Tom Konrad; John Petersen On The PIPE Mechanics And Incentives [View instapost]
    Although I am keeping my Axion thoughts to myself I would like APC members to know I am still maintaining the APC search engine. It is up to date. Still lurking on the sidelines.
    Jul 29 04:31 AM | 19 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    I'm done guys. Peace and good luck. I won't post again unless Axion hits a home run and that post will be to say I wasn't smart enough to hang in there with Axion in July 2013.
    Jul 12 10:34 PM | 19 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    Why he resigned doesn't matter. It is the probable impact on the stock price that he did resign that matters.
    Jul 12 10:29 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    Many Axionistas have given Axion the benefit of the doubt over the years, Not a single instance of giving Axion the benefit of the doubt has been good for the stockholders. The postponement of the Annual Meeting is just like the lack of information prior to the capital raise. Followed by a TG statement that the financing was done with investors who were inline with Axion's strategic interests. BS, BS and more BS. I lost my butt on Axion and I am angry about many Axionistas who are friends of mine losing even more money than I did.

    They are going to be dead in the water until they get a CFO and he better be credible, However, I worked as a retained search consultant for 15 of my professional years before moving on to sales and marketing management and I wouldn't take on Axion's CFO search for a retainer equal to all the tea in China, Why?

    First off the company's stock chart is a horror show - the first thing any CFO prospect is going to look at. Second, if the public financial image doesn't lose his/her interest the next "fugeddaboutit" is moving to New Castle, PA. Most of my assignments meant a relocation hire. I once had a job to file in Caribou, Maine. My customer jokingly suggested I "check the asylums" for candidates. Do you want to live in New Castle, PA? Third, is TG the kind of CEO, and is Axion the kind of company, a good CFO candidate will be drawn to work for given Axion's track record and TG's prior professional background ? Not in a million years.

    No decent CFO in his right mind would take the position right now. They are going to hire some desperate soul, but his principal role will be either having enough guts, lack of brains, or personal financial desperation to just sign the next quarterly SEC financial statement regardless of what it says.
    Jul 12 10:18 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    Any guesses where Axion will close Monday? My guess is 10.5 to 12.5. The Axionistas on this board have supported Axion for at least two years for zero return. What a cluster........

    TG has been the only consistent source of raised expectations each quarter followed by the total lack of any follow through, CFO's usually resign because they know the ship is sinking, or they can't stand the CEO, or they are being asked to sign a financial report they know is full of bull and they do not want the personal legal liability for signing a financial statement they know is bull hockey.
    Jul 12 07:06 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    Trego didn't do any capital raise deal, That was all TG and the Board's decision. Trego just double checked the numbers for them. Any attempt to blame Trego for the capital raise is pure baloney!
    Jul 12 06:56 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    Phil Baker I think, but he's really a plant manager type guy. Who cares? COO's turn the crank, CFO's and CEO's put their personal gonads on the line when they sign off on the financial statement. Soon Axion is going to be flying blind financially without Trego or a replacement. I also don't think I'd trust the new CFO as much as I did Trego. Trego was no idiot and he strongly objected to Granville's 300% growth statement. The inmates will be running the show without Trego!
    Jul 12 06:45 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    Ranma> "I've no idea what CFO's do mostly". I think you better look into what CFO's do. Far more important role than a COO in a public company in my opinion.
    Jul 12 06:39 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    HT> " I don't see the reason for joy in Muddville here!" Anyone who looks at this as good news is really mistaken! How can they conclude a deal with a strategic partner for BMW without a CFO? Who in the hell with any decent qualifications is going to want to move to New Castle, PA for a position with Axion as the sinkhole under it keeps getting bigger?

    TG held off the bad news until the market closed on Friday, Monday the piper is going to come calling at otcbb,com with the bill. The only thing this capital raise accomplished was enough money for TG and Vani to continue drawing their paychecks until someone turns out the lights.

    Thank God I got out at .16 with my record in tact, namely, that I've never made a penny off Axion. I bought in 2010, 2011, 2012, 2013 and always immediately under water each time!
    Jul 12 06:24 PM | 15 Likes Like |Link to Comment
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