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nogoodslacker

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  • Axion Power Concentrator 354 July 31 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    If you own Axion stock, you own a piece of the IP.
    Aug 1 09:11 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 354 July 31 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    There are plenty of things to be concerned about with Axion, but the IP being off the table is NOT one of them. JP's analogy to a mortgage is apt. Having a lien on your house does not prevent you from selling it.
    Aug 1 09:09 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    RA. I think it will come, too--just not for at least another year, maybe two. There will be plenty of time to buy back in below 0.10 (or not much above that) until then. Might as well earn some interest while I wait. If something big happens sooner (though I can't imagine what) I will be very happy for all of you.
    Jul 31 11:05 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 354 July 31 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Even better news would be when it is finished testing and put to work in the real world.
    Jul 31 09:26 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    The short answer is I thought TG's repeated projections of imminent sales could be trusted. Now I know better. You still have not said which tier 1 company is close to giving us a "real design win."

    In any event, I'm glad people like you are keeping the faith. Thanks for buying my shares last week at .135. You saved me a 30% further drop. That money is now in a mix of high-yield bond ETFs and I am sleeping a lot better at night. I will continue to follow Axion and perhaps buy back in after the re-fi and R/S if the sales picture ever becomes clearer.
    Jul 30 05:22 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    "we've never been closer" can be interpreted a lot of ways. We were a million miles a way, now we are 990,000 miles away. Exactly which tier 1 company are you referring to?
    Jul 30 04:22 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    I'm curious why you see the finish line as being close. My personal view is that the finish line is at least another year or two away with current shares representing less than 50% of the company.
    Jul 30 02:59 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Would you not characterize Axion as a weak company? They certainly have their challenges ahead of them.
    Jul 30 02:32 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Will any ePower trucks be on the road hauling freight before then?
    Jul 30 09:13 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    >>In my experience there's very little a public company can do to discretely manage its stock price..<<

    Hmmm. Maybe sell some batteries?
    Jul 30 09:01 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    That was hardly a worst case scenario. But we shall see.
    Jul 29 03:51 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    I was thinking of value of our existing shares being still worth $25M, but, OK, if you want to do some math? Shares today worth 0.11 x 220M shares = $24.2M. $2M per quarter cash burn until December gives ~$21. Now say they raise $10M at a 20%-ish discount to today's price, let's say $0.085. That's another 120M shares added to the float. Not even counting all the commissions, fees, and warrants that will come with the deal, that gives a value of $31M with 340M shares outstanding, putting you at $0.09 per pre-split share. This is assuming the stock price doesn't tank anymore before the R/S and financing, so it could get worse. So, I stick by my opinion that there will be plenty of time to buy below $0.10.

    Now show me some math that makes the outcome in December higher that today's stock price. The only way I see things getting better than what I forecast is if significant and recurring sales materialize between now and then.
    Jul 29 11:39 AM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    RA. From everything I can see, this company will still be worth $25M at the end of the year, but with twice as many shares outstanding. We know they need to raise another $10M or more to keep operations going. We know the share price is pushing down to 0.10. We have heard from TG that the next financing will likely involve issuing more equity at a "minimal" discount to market. So, ask yourself: how much of a discount below 0.10 will it take to attract enough investors to raise $10M? My outlook may be pessimistic, but in any event, I certainly don't see any rocket to the mood happening between now and the end of the year. If I miss out and you all become Axion millionaires, I will be very happy for you.

    negoslav, I will bookmark this post and talk to you in December.
    Jul 29 11:13 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 353 July 27 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Noah, patience may be a virtue with regard to buying more Axion. There will be plenty of opportunity to buy below 0.10, perhaps even as low as 0.05 by the time this whole R/S shakes out and a new tidal wave of shares comes on the market. I may be a buyer again around December, depending on how this all shakes out and if a path to increased sales revenue ever emerges.
    Jul 29 09:16 AM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 352 July 24 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    I was only responding to the speculation of a quiet period being the reason we have not heard anything about sales since the last CC. Not trying to say anything about the pace of sales, just that a quiet period is not a likely reason that we are not hearing about any.
    Jul 28 09:25 AM | 4 Likes Like |Link to Comment
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