Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
86/SD, I agree that the door was left open. However, there was verbage that was dropped. I think they are done prototyping (unless compensated fully) and have settled into a product that serves their target markets.
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Thanks D/FP. I have limited knowledge in the world of finance and have to get at the story in creative ways. However, my learning burden has been greatly reduced by the APC's - thanks for all...
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
LT, yes and uninterrupted power supply (UPS) which moves the slidder a little closer to the "critical need" as opposed to just a stationary power which may or may not provide uninterrupted service. Data centers come to mind but so does the uniqueness of the Residential Cube...
Edit: And I would do a back-flip (yes I still can) if CAT showed interest. So would DRich (not sure if he still can <smile>)
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
I cheated and used WinMerge to compare the 2011 10-K to the 2012.
There were more changes then I thought there might be but there was a fair amount of grooming. The tone of the document changed from a passive projecting to an active completed sort of tone (from demonstrate to demonstrated). The sort of thing you might expect from an R&D company changing to production. So here are some things I found that have not been mentioned here (or seen by me anyway).
They have put aside the ability to adjust for more energy and less power in their description. I think they clearly see their market in the power side of things now and will focus on their current product (not that they can't come back to this later).
I am noticing the use of Standby Power (UPS) that wasn't there before. Is this just the Residential Cube or is there more. Or perhaps a new term for stationary power?
Military has been added to their focus on specific markets statement.
Prototype Manufacturing statement has been removed. In its place is: “Our R&D focus will now be working with prospective customers on the commercial application of our PbC technology to fit their unique requirements”. I think this goes along with a focus on the current power product.
“Our planned demonstration projects...” section has been removed and the “Commercialization Phase” has been completely rewritten. Again, the tone change from what they are “going to do” to what they are “doing”.
Three more patents but we knew that already.
Some more Prototype and Commercial Production statements removed from the patent section (goes along with the new focus mentioned above).
Another mention of the R&D's new focus “Going forward R&D will be primarily focused working with prospective customers to determine how our PbC technology best fits their unique requirements.”
As of 12/31/2012, they are down from 90 to 80 employees. Including a reduction from 16 to 11 on the scientific and engineering team but growth in the manufacturing from 51-53 people.
More “Future Production” language removed from the risk section. Again, due to the fact that we are in production...
“On October 17, 2012, the Board of Directors amended the Axion Power International, Inc. independent director’s stock option plan to increase the number of shares of common stock available there under from 500,000 shares to 1,000,000 shares.” Does this mean the leadership wants the opportunity to put more skin in the game? Is this a benefit or out of pocket for them?
There were more changes under salaries and other stuff that is beyond my understanding so I will stop here. The wheels are turning and and we are building momentum...
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Tracking MPG per unit. The short answer is every truck on the road knows their fuel economy if they are paying their fuel taxes (IFTA). The tax is collected (per gallon) at the pump and they must report miles traveled in each state. This is how you get miles/gallons. This is not very accurate (miles can be fudged) but will give you a pretty good idea.
The fueling process is pretty automated for the vast majority of the trucks. If the company requires the hub to be entered on each fill-up then the mpg are know immediately and is just about as accurate as it gets. Also, the refer fuel is tracked separately during the fueling process. The hub is also tracked at every service.
So if you are sitting on any of these data sets a simple SELECT statement will give you the answers you seek. And if you can join to the unit table you can produce results based on the year of the unit...
Axion Power Concentrator 220: Mar. 22: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
With the thin margins on the LA batteries, that would be one large pile of batteries would it not? or would the cost of the furnished materials be included in the finished costs?
Axion Power Concentrator 220: Mar. 22: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Bang, I agree... my greatest fear has been that the PbC could not be mass produced. That was great news for me. My second fear was financing and we shall see shortly on that...
Axion Power Concentrator 219: Mar. 20: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Mr I, there has been a lot of movement to install shore power in rest areas and truck stops for truck and RV's. With this comes the all electric on board HVAC systems of which there are several. The leader and provider for the two largest OEM (Freightliner & International) is Bergstrom/Nite.
They just need to work out the voltage curve of the PbC by either conversion or working directly with Bergstrom to produce an HVAC system that operates at a higher and variable voltage. My guess would be that we know the two OEMS and Bergstrom has seen the light. I don't see why this could not be a 2013 event. Indelco? conversion or higher voltage?
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Edit: And I would do a back-flip (yes I still can) if CAT showed interest. So would DRich (not sure if he still can <smile>)
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
There were more changes then I thought there might be but there was a fair amount of grooming. The tone of the document changed from a passive projecting to an active completed sort of tone (from demonstrate to demonstrated). The sort of thing you might expect from an R&D company changing to production. So here are some things I found that have not been mentioned here (or seen by me anyway).
They have put aside the ability to adjust for more energy and less power in their description. I think they clearly see their market in the power side of things now and will focus on their current product (not that they can't come back to this later).
I am noticing the use of Standby Power (UPS) that wasn't there before. Is this just the Residential Cube or is there more. Or perhaps a new term for stationary power?
Military has been added to their focus on specific markets statement.
Prototype Manufacturing statement has been removed. In its place is: “Our R&D focus will now be working with prospective customers on the commercial application of our PbC technology to fit their unique requirements”. I think this goes along with a focus on the current power product.
“Our planned demonstration projects...” section has been removed and the “Commercialization Phase” has been completely rewritten. Again, the tone change from what they are “going to do” to what they are “doing”.
Three more patents but we knew that already.
Some more Prototype and Commercial Production statements removed from the patent section (goes along with the new focus mentioned above).
Another mention of the R&D's new focus “Going forward R&D will be primarily focused working with prospective customers to determine how our PbC technology best fits their unique requirements.”
As of 12/31/2012, they are down from 90 to 80 employees. Including a reduction from 16 to 11 on the scientific and engineering team but growth in the manufacturing from 51-53 people.
More “Future Production” language removed from the risk section. Again, due to the fact that we are in production...
“On October 17, 2012, the Board of Directors amended the Axion Power International, Inc. independent director’s stock option plan to increase the number of shares of common stock available there under from 500,000 shares to 1,000,000 shares.” Does this mean the leadership wants the opportunity to put more skin in the game? Is this a benefit or out of pocket for them?
There were more changes under salaries and other stuff that is beyond my understanding so I will stop here. The wheels are turning and and we are building momentum...
Axion Power Concentrator 220: Mar. 22: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Good one Rick! always thinking...
Axion Power Concentrator 221: Mar. 24: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
The fueling process is pretty automated for the vast majority of the trucks. If the company requires the hub to be entered on each fill-up then the mpg are know immediately and is just about as accurate as it gets. Also, the refer fuel is tracked separately during the fueling process. The hub is also tracked at every service.
So if you are sitting on any of these data sets a simple SELECT statement will give you the answers you seek. And if you can join to the unit table you can produce results based on the year of the unit...
Axion Power Concentrator 220: Mar. 22: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 220: Mar. 22: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 220: Mar. 22: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
Axion Power Concentrator 220: Mar. 22: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
http://bit.ly/ZGAzTg
Axion Power Concentrator 219: Mar. 20: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
http://bit.ly/TS0zXV
They just need to work out the voltage curve of the PbC by either conversion or working directly with Bergstrom to produce an HVAC system that operates at a higher and variable voltage. My guess would be that we know the two OEMS and Bergstrom has seen the light. I don't see why this could not be a 2013 event. Indelco? conversion or higher voltage?