10 Million Dollars Plus the shares of 20% of the stock. Other agreements with other companies will open up. Watch for upgrades and buying by institutions will drive this higher and higher. :Due to the significance of the terms and conditions in the LOI, which are to be incorporated into the final agreements; approvals will be needed from Axion Power shareholders for the potential issuance, upon future fixed-price conversion of the preferred stock and convertible notes, of shares amounting to more than 20 percent of the Company's issued and outstanding shares. Such approvals will be sought, while Axion and LCB are negotiating the final detailed agreements required by the LOI.
No Smart #$%$ answers just intelligent opinions. 32 million traded and it`s up only 10 cents from yesterdays close. . Looks like more selling today than buying. I am long but don`t like the way it traded . I saw one Block of 500,000 sold. I know someone had to buy , but this don`t make sense .Open $1.42 Close at $1.00.
Name change? Oh really ,why? This company has cheated so many people out of money they think by changing their name they will be able to fool people. Same company same management same scam , same High salaries , Same dilution again and again.! Ask the poor people that bought in 2000 when the price was $1,000`s of dollars. You think they are averaging down? A fool and his money soon part.
You all are trying to convince yourselves that you are doing the right thing by averaging down. That`s exactly what the MM`s want you to think. They will lower the hammer again and you guys will average down some more. Keep on doing it , you will have plenty of chances. You can Buy all you want and they will make you believe you are getting the deal of a lifetime!