axion gets grant
Axion Power was one of 75 companies out of a total of 764 applicants to earn an award in the first phase of the DOE's program. Grant funding is expected to be available to Axion Power by late June of this year and Phase I will conclude 10 months from that date. According to DOE documents, Phase II awards will be granted to approximately 50% of Phase I awardees and will conclude in 12-15 months. Phase III will follow shortly thereafter. >>
You know that John Peterson doesn't have a clue what he is talking about. Only recently he
- said it was hard to criticize Altair when it was trading at $0.70
- he saw potential in Beacon Power
And he was pumping Axion Power when it was trading at $1.60 and they diluted at $0.57.
Can anyone do worse?