We believe that the current stock price and market valuation of Axion Power is significantly lower than it would be if the market were taking into account the inherent worth of our technology. We believe that our stock is undervalued based on the technology's potential to save money for our customers in the transportation space by increasing gas mileage and reducing emissions. In the energy storage space, using PbC batteries to decrease payback time for solar photovoltaic farms and other renewable energy projects. We hope that you, our shareholders, will continue to support us and hold steady while we continue to work to fulfill our value proposition over the ensuing months. As we approach the Holiday season, I would like to wish all of you a Wonderful Holiday and Happy New Year. Sincerely, David T. DiGiacinto
AXPW closed Friday (02015.01.23) at $0.41.
[update::02015.01.26] Axion Power lost another 12% of its market value today (02015.01.26). AXPW closed down at $0.36 after hitting a new 52-week low of $0.35.
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