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nogoodslacker

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  • Axion Power Concentrator 381: Nov. 16, 2014 [View instapost]
    @RA. That is exactly the way to play the B-warrants. The lower the price goes, the better they make out. If you are playing the B warrants, you should hope for a lack of buyers.
    Nov 17, 2014. 02:16 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 380: Nov. 11, 2014 [View instapost]
    Does the note come with a lien on the IP? That might be the best way to invest in Axion at this point.
    Nov 14, 2014. 03:43 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 380: Nov. 11, 2014 [View instapost]
    Is there a dial-in number? The webcast is not working.
    EDIT: Never mind, I closed my browser and re-clicked the link and now it is working.
    Nov 14, 2014. 12:09 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    The Lord loves an optimist.
    Nov 13, 2014. 05:56 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 380: Nov. 11, 2014 [View instapost]
    @dance, Going concern paragraph says not enough to fund operations beyond September 30, 2015.
    Nov 13, 2014. 05:51 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    Wow, they were really running on fumes at end of Q3, before the offering added to the tank.
    Nov 13, 2014. 05:18 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 380: Nov. 11, 2014 [View instapost]
    Just for clarity, DDG did not take a pay cut. He is just deferring salary, which will accrue as a liability to the company--same with all the others who deferred salary. That liability will come in front of any shareholders in the event that assets are sold off or Axion goes belly up.
    Nov 13, 2014. 02:16 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    "Comprised of" is one that bugs me. The whole comprises its parts, the parts compose the whole. Nothing is ever comprised of, though it may be composed of.
    Nov 13, 2014. 10:27 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    After further searching the NSC sustainability report, I saw a reference to a new patent on the hybrid electric locomotive technology. So, I found the patent and was happy to see this sentence in the description of the invention:

    "18. The locomotive according to claim 1, wherein each battery in the battery assembly is a lead-carbon battery."

    Very encouraging.
    http://bit.ly/13MOgXL

    Some other quotes (not sure what to make of #23):
    "
    19. The locomotive according to claim 16, wherein the battery management system limits a depth of discharge of each lead-carbon battery at or below approximately 35%.
    20. The locomotive according to claim 16, wherein each of the one or more strings comprises fifty-four serially-connected 12-volt lead-carbon batteries.
    21. The locomotive according to claim 18, wherein the battery assembly comprises thirty-two parallel strings.
    22. The locomotive according to claim 1, wherein the motor control circuitry comprises one chopper circuit module for controlling a current in serially-connected field windings of the plurality of traction motors.
    23. The locomotive according to claim 1, wherein the battery assembly comprises batteries selected from a group consisting of: lead-carbon batteries, zinc-bromine batteries, nickel-zinc batteries, nickel metal hydride (NiMH) batteries, lithium-ion (Li-ion) batteries, lithium polymer (Li-poly) batteries, lithium sulfur (Li—S) batteries, lithium-nickel-mangane... (NMC)."
    Nov 6, 2014. 10:35 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    Annual Reports, as stated in the letter. Although, the sustainability report only mentions Axion in the context of the NS999 rebuild.
    Nov 6, 2014. 10:18 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    Quote from letter: "we believe Norfolk Southern when they say in their annual report that they intend to build more hybrid electric locomotives powered by PbC batteries."

    I just checked NSC's annual reports for 2012 and 2013. In neither of them do they contain any of the following phrases hybrid locomotive, PbC, Axion, or battery. Does anyone have any idea what DDG is referring to?
    Nov 6, 2014. 10:07 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 379: Nov. 5, 2014 [View instapost]
    most interesting part of the letter is that they use bing.com and not google. There's your trouble right there. ;)

    When I searched bing, there were indeed 7,450,000 hits for frequency regulation, but when you put it in quotes, the number drops to only 128,000.
    Nov 6, 2014. 09:49 AM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 378 Nov. 1 '14: Axion Up-List Completed; S-1 10/22 Revision;NS-999 In Testing; Axion Nasdaq SPO Page Up; EPower & Axion Present At The Battery Show [View instapost]
    Rickplano, maybe you don't understand how the warrants work? They give you the right to buy shares from the company for $3.25, so Axion would receive money, not spend money on exercised shares.
    Nov 5, 2014. 04:20 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 378 Nov. 1 '14: Axion Up-List Completed; S-1 10/22 Revision;NS-999 In Testing; Axion Nasdaq SPO Page Up; EPower & Axion Present At The Battery Show [View instapost]
    Once I realized that there is no good news that they are sitting on and the dangers of the b-warrants, there was really nothing left to do but run. Like the saying goes, I don't have to outrun the bear, I just have to outrun you.
    Nov 5, 2014. 02:45 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 378 Nov. 1 '14: Axion Up-List Completed; S-1 10/22 Revision;NS-999 In Testing; Axion Nasdaq SPO Page Up; EPower & Axion Present At The Battery Show [View instapost]
    Patrick. Yes, I lost about $1,100 buying at $2.40 and selling at $1.85. I bought on a thesis that there must be some good news brewing, otherwise they would not have been able to attract institutional investors. Then, when the change to the B-warrants came to light, it was apparent that that was the reason they were able to close the deal, not because of any promising news. So, when my investment thesis proved wrong, I exited my position accordingly to stem my losses. Sorry, but I don''t owe it to you or anyone else to stay in a losing game just to support your stock price. In the words of the immortal Kenny Rogers, "you gotta know when to hold 'em, know when to fold 'em." And, as has been mentioned before, the biggest seller of shares these past two years has been Axion, so maybe you can blame them.
    Nov 5, 2014. 02:01 PM | 12 Likes Like |Link to Comment
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