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Probably just being manipulated. Most of these companies seem to make more money doing reverse splits and dilution than selling product. I'm holding, hoping for a pump and dump so I can sell on the pump.
They probably hoped for a pop so they could dump shares.
Agree, hardly worth putting out the PR.
Another article mentioning AXPW. Wonder if they are paying for these mentions?
http://www.satprnews.com/2017/02/07/global-ultracapacitor-market-industry-analysis-size-share-growth-trends-and-forecast-to-2022/
Waiting to see what happens with Mr. China before buying more, unless it gets under .01
AXPW must have some real tight security, no leaks about Mr. China's slow boat.
I don't have free cash right now, but if I bought at .011 I wouldn't sell at .013 .
Drifting lower as we wait for that slow boat from China.
That was probably insider buying.
Yes, if Mr. China can get his hall pass from the principal, may get very interesting.
I'm tempted to start a business so I can issue stock for a living.
MannKind ‘aggressively’ moving forward with inhalable epinephrine
By Dan Stanton+, 16-Jan-2017
http://www.in-pharmatechnologist.com/Drug-Delivery/MannKind-aggressively-moving-forward-with-inhalable-epinephrine
I think MLK would have wanted the market to be open today.
That's probably just some bad chili you had last night.
If we can find anyone willing to pay more than .01, this might run.
That was weird. Wasn't bid/ask higher than .00651 when that went through? Let's hope it is a good sign.
Thanks, I didn't know you meant cross trade. I wouldn't mind selling at .02 myself.
I'll show my ignorance - what is Xtrade and why are you hoping for it?
OK, got my .0065s...
Action: Bought
Quantity: 50,000
Symbol: FPVD
Unit Price: $0.0065
That's what you have to do with sub-penny stocks. Good luck.
Cool. That does seem like a support level.
I'm cheap, still trying for .0065 today.
Don't know how you did that today, low is .0066 so far.
Might as well go down to .0065 so I can buy some more.
It was pretty obvious the deal would hit snags (or be a hoax), especially when I saw the last 4 words of this sentence in the LOI news release...
"As a result of the signing of this Letter of Intent, Fengfan will make an initial cash down payment of $250,000 to Axion by December 1, 2016 upon receiving regulatory approvals."
Hopefully, there won't be that many opportunities under .01.
Sold 1/2 around .03, wish I'd sold it all.
Buying again under .01.
New 8K today...
Item 8.01 Other Information
At 7:08 pm, eastern time, yesterday evening (December 21, 2016), Mr. Richard H Bogan, the Chairman & CEO of Axion Power International, Inc. (the “Company”), received a telephone message from Beijing, China from Dr. WJ Gesang of LCB International, Inc. (third party in Axion's Tri-Party prospective arrangement with Fengfan Co. Ltd., Baoding, China). In that message, Dr. Gesang informed Mr. Bogan that Fengfan Executive Management will not be visiting Axion’s New Castle, PA headquarters in early January 2017. The explanation given was the challenge to acquire the necessary Chinese Government travel documents in time to meet the early January 2017 time frame for the previously scheduled January 9, 2017 meeting. There is potential for this visit to Axion Headquarters by Fengfan Executive Management to occur in early to mid-February, 2017.
https://www.sec.gov/Archives/edgar/data/1028153/000161577416009023/s105016_8k.htm
I'll get more @ .018, if necessary.
Feli, I'm holding for that .10 at least.
Recent (12/20) article about AXPW.
Axion Power International, Inc. Runs Up, More To Come?
https://www.insiderfinancial.com/axion-power-international-inc-otcmktsaxpw-is-a-turnaround-stock/118732/
This was the reason they gave...
If our shareholders do not approve the reverse split set forth in the Definitive Schedule 14A filed on October 17, 2016, we will have insufficient shares with which to satisfy our obligations to issue shares upon conversion of the balance of our November 2015 convertible notes, and under the terms of those notes, we will be contractually required to seek further approval from our shareholders to increase our authorized but unissued common shares in order to have sufficient shares to satisfy our obligations under those notes.
New 8-K out yesterday. Interesting.
Item 8.01 Other Information
The Company previously reported that it was to receive a $250,000 deposit on or about December 1, 2016 from its prospective Chinese partner. However, the prospective partner has determined to have its Chairman visit Axion’s principal offices on January 9, 2017, and the Company expects receipt of the deposit thereafter. The Company’s reverse stock split proposal, as set forth in the Definitive Proxy Statement on Schedule 14A, filed with the SEC on October 17, 2016, did not receive the approval of the requisite number of shares to constitute shareholder approval under Delaware law. The Company anticipates again seeking shareholder approval imminently.
http://archive.fast-edgar.com//20161216/AWK2PQ2CJ222LZZZ2M2C2ZZEKNSST222Z282/
Good to see your experimental buy turned out to make you some money.
iHub goes down and AXPW goes up.
I forgot the other scenario that would definitely get AXPW over .02.
That would be if I sold now. You would see .05 in a week.
That's why I'm Mr. Lucky!
Here they go again. How close can we get to .02 without really getting to .02?
Maybe if 9 or 10 more people did what you did it would move up.
That would be around 50K shares, I'm seeing over 100K shares at .019 on the ask (I may not see everything), so may not move it.
Either way, good luck.