Earlier in my life I managed a lumber store for a good friend of mine who ran a multi-million dollar lumber business in South Africa and a more modest enterprise in America. His cardinal rule was cash. He showed me everything in his store and said, "You know who owns that? I do." No bank could ever claim any of it or take it away from him. We as shareholders of Axion Power can go to their plant and point at every product, patent and asset they have and say, "You know who owns that? We do."
I am thrilled about the way they have chosen to finance their operations.