Axion Power International Inc (AXPWQ)

[Ecomike]

IIRC, Thomas is the only guy (or key one) with all the needed experience to put the new tech together, and keep the thing from falling apart for now, the real science guy, IIRC????

I agree with you partly, in that AXPW is not a buy yet (investment or otherwise), and has not been for some time. Until large stock holders that are and have been publicly liquidating shares end the selling or run out of shares, and until they turn the corner from massive cash burning, to at least break even, and until they sell new shares to raise the cash (dilution) they will soon need to feed the cash burn with fresh cash from new investors with enough cash to last for at least another 12-24 months. IMHO, this stock could be in real trouble now. Just look at other DOE funded darlings, Solyndra and BCON (Beacon), that went into BK last year. I sold my shares at the last rally, around $1.25 apx. I think I kept a few shares from my profits, just in case, but they are down about 75% now.

FWIW, even the other battery companies I own stocks in have gotten hammered, including one making record profits. It got hammered because it is in China and has been smeared by short attacks and the China short scares, ABAT. The entire sector is doing very poorly, Even JBI is way down, 40%????.