$2,148,000 the last reported Quarter the revenue was $2,087,000. Is this all from making AGM and specialty batteries? The PcB is not exactly a best seller...yet.
Well, You'll get no argument from me.
>Actor falls off into a dream state.....begins process of first contract signing for a production carbon based negative electrode lead acid battery. (Sun begins to rise and angelic sounds can be heard ascending with the increased luminescence brought by the new day.)<
"Well that is me, when something is odd I try to figure out why. Like who would pay a person like that to bash AXPW and/or Peterson?
How much does it pay?
Are they hiring? ;-)"
Yeah, I was the same way when I first came here. You live...you learn. As for who would pay, Axion is the result of a reverse shell transaction where the company was formed to keep the patent rights and development for the PbC electrode ongoing in the midst of the original Canadian company filing for bankruptcy and amid lawsuits from another company that was originally contracted to sell the PbC, but was defrauding it's own shareholders in the meantime. If you look back at some of KirkT's old posts you can get the whole story. Needless to say, there is the former owner of that marketing company who isn't happy he doesn't own the rights to the PbC, and some of the original shareholders of his company who got shafted in the process, so there are people who would love to see the PbC crash and burn for spite.
Well that is me, when something is odd I try to figure out why. Like who would pay a person like that to bash AXPW and/or Peterson?
How much does it pay?
Are they hiring? ;-)
"I am sure he does, at something like $20 a share(?? he would know his target better then I). Do you have an argument against the numbers? What is Q3 going to look like with the line up and running for the full quarter?
BTW, what is your motivation? "
Please ignore Sockpuppet in all of his personas. He's a one man boiler room who is paid to bash various stocks including Axion. We're not really sure who's paying him to post his venom here, but you're wasting your time trying to engage him for his motivations, since there's only one...he gets paid to bash Axion and JLP.
It really just came to me, and even if PcB was a bust and AXPW became a sound LA manufacture with a share price of $3 (giving me a nice return) I would no doubt still be disappointed.
I am sure he does, at something like $20 a share(?? he would know his target better then I). Do you have an argument against the numbers? What is Q3 going to look like with the line up and running for the full quarter?
BTW, what is your motivation?
Little doubt part of the investment decision process is understanding the downside risk as well. So maybe there is some value if PBC was a total bust? I just haven't looked at it from that perspective. The lions share of what's going on here is PBC which is what I've focused on. It's the interesting part of the animal but as you suggest not the whole beast.
It's the nice thing about owning your own LA battery plant. Besides having a way to test the production lines for your new electrode, you can sell LA batteries on the side and make some money to help keep the doors open until the Gen2 electrode line gets certified.
The advantage to me is having a production facility with just about unlimited access to build test and prototype samples outside of a lab. A great way to validate the negative electrode assembly in a true production environment. I can't overstate the importance.
Having the facility running other product means they don't have to fully absorb the cost of having the line sit around and come up from a cold start every time they needs PBC units for internal assessment or customer samples. Even worse would be the need to rent time on some other manufacturers facility. Very expensive and time consuming. They may not be making all that much off the sales of the batteries they are selling in the aftermarket but if it offsets the overhead of having line access it's a very big advantage.