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jveal

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  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Investment groups have begun to approach Axion about purchasing power cubes.
    May 16, 2014. 10:52 AM | 15 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    TG actually reports a date of first week of June for NS 999 to be ready to roll!
    May 16, 2014. 10:20 AM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Axion has for the most part finished work with NSC and is just waiting for NSC to bring NS 999 out of the closet.

    A similar situation with BMW but much more shrouded in secrecy. Last we heard the regular meetings were still taking place between Axion and BMW.
    May 15, 2014. 04:53 PM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Isn't this a change from the 4th quarter?

    We believe that the currently available funds at March 31, 2014, which includes the net remaining amount available in the restricted cash account and funds generated from product sales will provide sufficient resources for our operations, working capital and will fund the sales in our traditional batter business and our anticipated capital expenditures into the third quarter of 2014.

    Another place mentioned Oct 1, 2014.
    May 15, 2014. 04:48 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Gamble, you beat me to it.

    In addition:
    We still feel, as does our strategic partner – more strongly than ever based on our model and past PJM records –this 500kw installation will provide the Owner more than $9,000 per month (net after expense) in frequency regulation revenue. This attractive ROI and IRR are major points of focus in our go forward marketing plan for our PowerCubes. This revenue is in addition to the storage and emergency back- up capability the PowerCube will provide.
    May 15, 2014. 04:40 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Ed, I believe they bought several chargers and they were in an unusual voltage like 72 volts.
    May 15, 2014. 04:20 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    PY, The filing will be big news whether it reveals more projects in the works or sheds no light on any more potential sales.

    I'm hopeful that it will shed a little more light on upcoming projects by giving more detail of how many, what kind, and what size of projects are soon to produce sales. The PowerCubes are the most likely to have these kinds of revelations.
    May 15, 2014. 12:16 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    We'll be getting the big announcement after market today with the filing for first quarter.
    May 15, 2014. 12:04 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Rick, the times I have gotten that kind of message was when I tried to post a thanks to someone using identical words. It won't let you post the exact same message a second time.
    May 15, 2014. 09:25 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    AXIH reported more sales yesterday.

    http://bit.ly/1qDASyY
    May 14, 2014. 03:39 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Remember the rumored end of the PIPE and possibly the battery being used in a 48 volt Kia send the price to .22. I think your estimates are way low.

    If more powercubes and the NS 999 come before the end of June we should be looking at $1 or $2 by the end of June.
    May 14, 2014. 11:37 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    On a very slow morning someone blinked and hit the .1479 bid for 3170 shares.
    May 13, 2014. 11:06 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Axion Power To Present Technical Reports At 14th European Lead Battery Conference and Exhibition

    http://bit.ly/1jcGrjJ

    Same article appears on wsj.com and Yahoo.
    May 13, 2014. 10:34 AM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Rick,

    If the things you appear to have assumed about TG are correct, he would probably need to go.

    I am frustrated by the nature of public companies that have to keep everything behind a wall of secrecy, especially when they are the small fish in the big pond. But I can only make my decisions and judgments based on what I know. I will give management the benefit of the doubt until I clearly know that management is the cause for all the delays.
    May 13, 2014. 09:19 AM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 331: May 11 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Rick, I would think someone who's company had failed due to external forces like yours faced would have a little more understanding towards someone in TG's position.

    TG and his management team have kept Axion alive and in the hands of the shareholders through a tough ten years.

    First of all, most start ups fail.

    Second, they had a terrible start and had to go public to clean up a scam built around the new technology. JP has rehearsed this story recently in the concentrators.

    Third, there was no ready market for the product. The market is still developing and the batteries can't be sold until the customers have new machinery available for the product.

    Fourth, the company has had to withstand a huge market crash and a deep, extended recession.

    Fifth, the company has had to survive the exit of four large investors who normally would not have been candidates to exit.

    Sixth, the company has survived a PIPE financing.

    Seventh, the company has taken a crude technology and developed a process to mass produce it.

    Eighth, the company has two top tier companies who have tested and proclaimed the quality of the battery. At any moment NSC could roll out NS 999. BMW is still meeting with Axion and planning on a regular basis.

    Ninth, ePower has signed an exclusive contract with Axion to supply batteries for their trucks. The truck is about to be on the road in the hands of a real customer.

    Tenth, Axion is working with numerous customers to develop powercubes for grids. One has already been sold and we are told many more, larger ones are about to be unveiled.

    Axion has done well just to survive the many obstacles it has faced. Again, you of all people should realize that from your experience in a failed company.

    Yet Axion has so many possible markets now that any one of those markets could make Axion a viable company.
    May 13, 2014. 08:27 AM | 20 Likes Like |Link to Comment
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