Seeking Alpha
  • Smart Grid
    Does anybody know why $AXPW.OB is on a constant plunge downward ?
    6/10/13
    Reply (11)
    • bd4uandu: Dilution it's their MO. Many development companies just keep adding shares to finance themselves.
      6/10/13
    • bd4uandu: They might start with an idea. They get grant money from government for start up. Then they run out. Profits aren't there to expand...
      6/10/13
    • bd4uandu: no loan so they issue more shares. Mean while company CEO live high off the hog. See compensation for Axion CEO.
      6/10/13
    • bd4uandu: It's what super low interest rates have done to distort the market. The pol's can borrow for grants at zero %. Sorry for the rant....
      6/10/13
    • bd4uandu: I have been burned by AXPW also. A scorned investor.
      6/10/13
    • bd4uandu: http://bit.ly/16XC2LW
      6/10/13
    • bd4uandu: At the bottom in small print 5) compensation CEO $380,000 and auto allowance of $750 per month. Then look at the profit statement.
      6/10/13
    • bd4uandu: Sorry man, I didn't realize this was your first post. Never mind.
      6/10/13
    • 1980XLS: $XIDEQ could be a factor
      6/10/13
    • bd4uandu: It's been drifting lower for awhile now. Your right they where holding hands for a bit. They were tight with Maxwell $MXWL also until ...
      6/10/13
    • bd4uandu: the accounting irregularities Maxwell was running hot.
      6/10/13