Tuesday, February 28, 2017 8:45:47 AM
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.
"A pessimist is an optimist with experience."
Mark Twain
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