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nogoodslacker

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  • 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]
    Sounds like Leyden just ran out of investors to fund continued product marketing and development without a clear path to sales growth. That could never happen to Axion, though.
    Jul 24 09:17 AM | 9 Likes Like |Link to Comment
  • Detailed Branding Reset Plans Likely To Put Coach On The Road To Repairing Its Brand [View article]
    Don't get me wrong. The made in China thing is just a personal peeve of mine. I realize there will always be the fashion trendy folks that just have to have that famous brand name and logo. COH is certainly not going away any time soon and, while their market share may shrink and their margins may narrow due to competition, I expect they will be profitable for a long time to come.
    Jul 22 01:45 PM | 1 Like Like |Link to Comment
  • Detailed Branding Reset Plans Likely To Put Coach On The Road To Repairing Its Brand [View article]
    To name a few:

    For the young hipster crowd: Chrome. http://bit.ly/UmbteC

    Real McCoy and Corrente for the more erudite: http://bit.ly/Umbwa2
    http://bit.ly/UmbuPF

    Slainte for the more earthy, leather-free crowd: http://etsy.me/Umbwa3
    Jul 22 12:24 PM | Likes Like |Link to Comment
  • Detailed Branding Reset Plans Likely To Put Coach On The Road To Repairing Its Brand [View article]
    Don't worry, Michael Kors and Kate Spade make all their stuff in China, too. So they don't enjoy any advantage via the American-made marketing.

    Personally, I wouldn't buy any of them. I can get a stylish, better quality, made-in-America bag for half the price.
    Jul 22 11:58 AM | Likes Like |Link to Comment
  • Axion Power Concentrator 351 July 20 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Maxwell had 21% YOY revenue growth in 2013. Maybe not exactly mushrooming, but pretty darn good. You can make it look worse by spreading it over 14 years, but they do seem to know how to sell product. I through arguing with you, though. I'm half tempted to browse through the past two years of my comments and come up with all the times you told me I didn't know what I was talking about, and I turned out to be right, but what's the point.
    Jul 22 11:44 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 351 July 20 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    JP. So you agree, I can buy Maxwell products easily, but not so with Axion?
    Jul 22 11:34 AM | 1 Like Like |Link to Comment
  • Detailed Branding Reset Plans Likely To Put Coach On The Road To Repairing Its Brand [View article]
    Most of their products are made in China. That fails the luxury goods test for me.
    Jul 22 11:32 AM | Likes Like |Link to Comment
  • Axion Power Concentrator 351 July 20 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Are you saying it is not true that I can go to a catalog a buy product from the companies that are actually making money, but I cannot as easily buy an Axion battery? I am only comparing companies that are good at selling batteries to one that apparently is not. Maxwell is a good comparison because they have a product that requires new things to be invented to increase sales and they have done a remarkable job in supporting sales growth in new applications like hybrid-electric buses, windmill rotor blade pitch controls systems, pairing with batteries for automotive applications, etc. They have grown in so many segments because their product is accessible. That is my major complaint about Axion--too much trying to control who gets to use their product and in the end the end up picking slow movers and outright losers (Residential HUB anyone?).

    Edmund challenged us "complainers" to propose solutions. OK, here you go: if you want to sell batteries, make your danged product available for sale to anyone and everyone who wants to buy one!

    Lastly, thank you for your investment advice, but I'm pretty sure my investments are doing better than yours.
    Jul 22 10:38 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 351 July 20 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    You just said "battery technology company." Clearly there are companies large and small that are better at promoting and selling their battery technologies than Axion has been. Maxwell mushroomed because you can actually to to a catalog or web page, look up their product, order it, and have it delivered to your location--no NDA required. If that is ever the case with Axion, I might just think about buying back in.
    Jul 22 10:19 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 351 July 20 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Q1 '1 CC Transcript & MP3 Available [View instapost]
    JCI, Maxwell, East Penn...
    Jul 22 09:30 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 350 July 17 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available [View instapost]
    JP. No it doesn't. I sold everything in a single day. I didn't have nearly as many shares as many of you and my total loss on this investment is only about two years worth of capital gains loss write-offs. At least I have that to look forward to. The money I sold my shares for will be buying me a new bicycle and a trip to Alaska for the family--truly worthwhile investments.
    Jul 18 03:42 PM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 350 July 17 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Well fellows. I finally listened to my own advice and have sold all my shares. I'm sure some of you will think good riddance, but I will continue to watch and comment on occasion if I have anything to add. I may buy back in after the split and whatever financing they are able to arrange. I have no doubt that PbC is a wonderful technology, but there is just too much fire left to burn before this phoenix can rise from the ashes.
    Jul 18 02:51 PM | 19 Likes Like |Link to Comment
  • Axion Power Concentrator 350 July 17 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Todi. Yes, that is what I am saying. Put yourself in the place of a financier and knowing only what is publicly known today. PIPErs got half the company for $10M last year, so why wouldn't you demand the same. What incentive would any investor have to pay more unless there was some clear indication of an impending sales ramp. Axion has a couple of months to remedy the situation, but that is where we sit today.
    Jul 18 10:54 AM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 350 July 17 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available [View instapost]
    dlmca: "Bottom line will be are we closer now to the promised land than we were before the PIPE deal."

    I agree with that 100%. That is the heart of the matter. Based on what is public, I can only conclude we are not any closer today than we were last year. Maybe a little farther away, in fact, given that the NS999 is no longer "leading the charge" and that it seems ePower still has a lot of design work, de-bugging, and testing to do before it maybe will prove to be an economically viable trucking solution.

    I think the only real leverage for a deal would be if some other battery company wants to acquire the technology and is willing to pay up for a major stake in Axion. That sort of scenario would be in line with DDG's experience.

    Of course, the usual disclaimer: selling some batteries would help matters immensely.
    Jul 18 10:45 AM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 350 July 17 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available [View instapost]
    I'm trying to imagine myself in the position of a financier or investor who is getting the sales pitch from DDG on why I should put my $10M into his company. I know that DDG cannot give me any information that is non-public, otherwise we would both be liable for insider trading. So, having done my DD and knowing all that is publicly available, I have to make a decision on what kind of deal I would need to make this worth the risk. This is definitely a risky play and I see the kind of deal that the PIPErs got last year. My initial thought is that, absent any change in sales outlook (which there certainly isn't known to be the case, at least publicly), I would want a deal at least as sweet as what the PIPErs got, which would give me at least half the company for my money plus assurances of more if the stock price and trading volume doesn't perform, plus a whole bunch of warrants to make me rich if the stock does perform. Rich one-percenter that I am, I care not a wit about existing stockholders and what is right for them.

    Now who wants to play the part of DDG and sell me on why I should demand anything less for my $10M.
    Jul 18 10:07 AM | 10 Likes Like |Link to Comment
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