AXION POWER INTERNATIONAL, INC. (OTCMKTS:AXPW) Files An 8-K Other EventsItem 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.
About AXION POWER INTERNATIONAL, INC. (OTCMKTS:AXPW)
Axion Power International, Inc. is an energy solutions company. The Company has developed carbon/lead batteries, and integrates its batteries into energy storage systems, renewable energy systems, off-grid applications, automotive and other applications. The Company sells batteries, energy storage systems and engineering services as part of its product offerings, and can assist battery end users to adapt its batteries to various applications. The Company’s lead carbon (PbC) batteries and battery components have application in a range of energy storage systems. It focuses on various areas, such as power grid stabilization, micro-hybrid vehicles, hybrid commercial trucks, automated guided vehicles, and off-grid and renewable energy storage. Its PbC battery technology is a hybrid asymmetric energy storage device. The Company manufactures lead-acid batteries for sale under the Axion brand name at its Clover Lane facility in New Castle, Pennsylvania. The Company also offers the PoweCube. AXION POWER INTERNATIONAL, INC. (OTCMKTS:AXPW) Recent Trading Information
AXION POWER INTERNATIONAL, INC. (OTCMKTS:AXPW) closed its last trading session down -0.0052 at 0.0157 with 58,686 shares trading hands.