Axion Power International Inc (AXPWQ)

[mrholty]

I thought last years capital raise was rough.
This one is probably worse even though its with a better firm.

The company supposedly has a bunch of projects with some major outfists but until these test cases turn into sales it will be disappointing.

If I don't see considerable movement with Norfolk Southern by July 1 I'll trim my position in half. If nothing comes to fruition by January and hopefully sooner with BMW I will be done in Jan.

I will expect some good news with ePower in the near future but any revenues there are 18 months out imo.