Active Power Inc. (ACPW)

Active Power, Inc. designs, manufactures, sells, and services flywheel-based uninterruptible power supply (UPS) products and modular infrastructure solutions. Its products and solutions are designed to deliver continuous conditioned power during short-term power disturbances and outages, including voltage sags and surges; provide ride-through power in the event of a utility failure; and support operations until utility power is restored or a longer term alternative power source, such as a diesel generator is started. The company offers CleanSource UPS and CleanSource HD UPS; CleanSource PowerHouse, an integrated continuous power system with switchboards and automatic transfer switch, monitoring and control systems, fire detection, lighting, security, and air conditioning; and modular IT infrastructure solutions. It also provides customer support services, including deployment; start-up and commissioning; service, support, and monitoring; infrastructure needs assessment; vetting and validation; alignment with business objectives; and system design. The company serves customers in various markets, including data centers, industrial/manufacturing, healthcare, transportation, broadcast, and entertainment facilities through direct sales, manufacturer’s representatives, distributors, original equipment manufacturer partners, and strategic IT partners. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Active Power, Inc. was founded in 1992 and is headquartered in Austin, Texas.

Interessanter Wert wie ich finde. Welche Kursziele sieht Ihr hier?

"Doernbecher Children's Hospital sees on average nearly 300,000 patients in a given year so the slightest power disturbance can have drastic consequences," said Chuck Pratt, utilities electrical coordinator, at OHSU. "We needed a backup power solution that simply will not fail when called upon. We pride ourselves on being Oregon's number one health care facility, providing our patients with the latest technology available. Active Power's flywheel UPS not only protects our operating rooms and diagnostic equipment from electrical disturbances, but does so in an affordable and sustainable way."

"We are excited to be aligned with OHSU and the extraordinary care they offer their patients," said Todd Kiehn, vice president, Marketing and Modular Solutions, at Active Power. "Our flywheel UPS systems are an ideal fit for the specific demands of health care applications, offering superior reliability, higher operating efficiencies and a much lower total cost of ownership than competitive offerings. Our overall value proposition, bolstered by what we believe is the industry's leading total cost of ownership profile, enables hospitals like OHSU to meet and surpass their performance requirements as well as their green initiatives."

MFG
Chali

...und hier merkt es (fast) keiner...!?

ih.advfn.com/p.php?pid=nmona&article=72932779

aus dem IHUB von ash111, der wirklich großartige Recherche betreibt m.M.n.:

We are holding an impressive upside potential stock.debt-Free w/clear NOLs Value. Sharholders could have voted NO but voted YES.the meaning is they believe future value will be much higher than their average investment ( around $1.3 PPS). RELY trading 40 times ACPW and had about 80% more NOLs Value.

investorshub.advfn.com/boards/...msg.aspx?message_id=126636212

langsam, aber stetig nach oben.
Irgendwann in den kommenden Wochen wissen wir, wo die Reise hingeht, und dann: kaboom.
Finde ich grad sowas von entspannt.

einen sehr straigten Plan...und arbeitet da sogar am Wochenende dran !

ir.activepower.com/...65&p=irol-newsArticle&ID=2224736

Active Power Sale Complete to Langley Holdings PLC

AUSTIN, TX -- (Marketwired) -- 11/19/16 -- Active Power (NASDAQ: ACPW), the flywheel energy storage specialist, has completed the sale of its business to Piller Power Systems, Inc. ("Piller") pursuant to the Asset Purchase Agreement ("APA") announced Sept. 30, 2016. The deal was approved at a special meeting of stockholders on Nov. 16, 2016.

With its installed base of more than 5,000 kinetic energy storage units worldwide, Active Power complements Piller's business perfectly. Piller is the leading producer of large rotary uninterruptible power supply (UPS) systems and its own Power Bridge product is for higher capacity applications. Piller is now extremely well positioned in a global kinetic energy UPS market that is forecast to grow annually at nearly 9 percent between 2015 and 2024.1

"We are very pleased to have completed this acquisition," said Piller Group Managing Director - Global Businesses, Andrew Dyke. "The synergies between the two companies are clear and the products complementary, providing a solid platform from which to strengthen and grow Piller's position in the critical power sector by combining the talents, products and services of both organisations."

"The closing of this deal is a significant milestone," said Mark A. Ascolese, who is continuing as president and CEO of the newly named company P10 Industries, Inc. "The financial strength and long-term approach of Langley Holdings PLC, Piller's parent company, will serve as a significant enhancement to the ongoing Active Power business and I am confident will have a stabilizing and positive effect on it. The Active Power board firmly believes the sale of the business was the best alternative available, not only for stockholders, but also for customers, employees, vendors and other stakeholders."

Active Power Changes Name to P10 Industries
Under the terms of the APA, Active Power was required to change its name to something other than "Active Power." Consequently, the company is changing its name to P10 Industries, Inc. The newly named company plans to raise fresh capital and take a new direction. For more information, go to www.p10industries.com.

Intent to Voluntary Delist Common Stock
Active Power/P10 intends to notify NASDAQ of its intention to voluntarily delist its common stock from The NASDAQ Capital Market, as the company no longer meets NASDAQ's continued listing requirements. The company anticipates trading of its common stock will be suspended on The NASDAQ Capital Market on Dec. 1, 2016.

P10 anticipates its common stock will begin trading on the OTC Pink Market, which is operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities, after Dec. 1, 2016. The P10 common stock will trade under its new trading symbol "PIOI." The company intends to issue unaudited financial and operational summaries on a quarterly basis and audited financial statements on an annual basis.

About Piller
Piller Power Systems GmbH is a world leader in power protection technology. The company builds electrical systems for mission critical applications worldwide. Clients include many of the world's central and commercial banks, stock exchanges and other financial institutions, as well as broadcasters, telecommunications networks, airports, government departments and co-location operators. Founded by the German engineer Anton Piller in 1909, more than a century on Piller is still headquartered and produces in Osterode and nearby Bilshausen, although today the company has subsidiaries across Europe, the Americas, Asia and Australia and employs over 800 people worldwide. Piller is a division of the privately owned British engineering and industrial group, Langley Holdings PLC. www.piller.com.

About Langley Holdings PLC
Langley Holdings PLC is a diverse, privately owned engineering and industrial group based in the United Kingdom with principal operating divisions located in Germany and France and more than 80 subsidiaries worldwide. The group's companies produce equipment ranging from electrical systems for data centers, machinery for cement and steel plants to food packaging systems, automotive welding equipment and printing presses. The group was founded in 1975 by the current chairman, Tony Langley, and employs around 4,300 people worldwide. www.langleyholdings.com

Active Power and Driven by Motion are now registered trademarks of Piller Power Systems, Inc. The Active Power logo is now a trademark of Piller Power Systems, Inc.

1 Grand View Research, "Flywheel Energy Storage Market Analysis By Application and Segment Forecasts to 2024," October 2016, www.grandviewresearch.com/...is/flywheel-energy-storage-market

SOURCE: Active Power, Inc.

Source: Active Power

ir.activepower.com/...65&p=irol-newsArticle&ID=2224737

Active Power Begins New Business Model to Support Monetization of Intellectual Property and Create Long-Term Stockholder Value
Company Changes Name to P10 Industries Following Completion of Asset Sale

AUSTIN, TX -- (Marketwired) -- 11/19/16 -- Active Power (NASDAQ: ACPW) today announced it is changing its name to P10 Industries, Inc., following the previously disclosed sale of substantially all of its operating assets and liabilities to Piller Power Systems, Inc. (formerly known as Piller USA, Inc.), a subsidiary of Langley Holdings PLC.

With the disposition now complete, P10 seeks to maximize long-term stockholder value through the monetization of non-core intellectual property assets not purchased by Piller and acquiring well managed, profitable businesses. The company's patent portfolio includes innovative thermal and compressed air storage technology, which can and has been used in critical backup power applications, for example. For more information regarding P10's patent portfolio, visit www.p10industries.com/patent-licensing.

"We are announcing a significant milestone in our evolution today," said Mark A. Ascolese, who is continuing with the company as president and CEO of P10. "With completion of the sale to Langley behind us, we will focus on monetizing our non-core patents and acquiring and operating profitable businesses. We are aiming to raise additional capital to support our ongoing working capital needs and acquisition strategy by the end of 2016. This capital should enable us to strengthen our balance sheet, aggressively market and generate value from our patents and begin acquiring well managed businesses, ultimately leading to greater shareholder value."

P10 anticipates its stock will begin trading on the OTC Pink Market, which is operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities, on Dec. 1, 2016. P10 will trade its common stock under its new trading symbol "PIOI." The company intends to issue unaudited financial and operational summaries on a quarterly basis and audited financial statements on an annual basis.

About P10 Industries, Inc.
P10 Industries is a public company led by proven, experienced business leaders aimed at monetizing highly valued intellectual property assets and acquiring profitable businesses in the commercial and industrial markets to generate profit and positive cash flows, ultimately creating long-term shareholder value. P10's current business commenced on November 19, 2016, following completion of an asset acquisition of its Active Power assets by Piller Power Systems, Inc. (formerly known as Piller USA, Inc.), a subsidiary of Langley Holdings PLC. Active Power changed its name to P10 Industries pursuant to the terms of the acquisition agreement. For more information, visit www.p10industries.com.

The P10 Industries logo is a trademark of P10 Industries.

Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by references to future periods, and include, without limitation, statements we make regarding:

   our ability to create and maximize stockholder value;
   our ability to raise additional capital;
   the timing of any capital raise;
   our ability to identify and acquire profitable businesses at a reasonable price; and
   our ability to monetize our intellectual property assets.

Actual results and the outcomes of future events could differ materially from those expressed or implied by these forward-looking statements because of a number of risks and uncertainties, including: financial results that may vary significantly from quarter to quarter due to our inability to monetize our non-core intellectual property assets or acquire businesses; our ability to obtain sufficient working capital to fund our operations; significant competition; and our ability to raise capital as needed to support the business.

Source: Active Power

DAS nenne ich mal einen Buisiness Plan. Ich denke, das Management weiß genau, was es will.

www.p10industries.com

aufmerksam, wie es scheint:

Nr. 2 im Breakout board (alles auf ihub !)
Nr. 22 most read board (mit der zweithöchsten Veränderung zum Vortag !)
Nr. 18 most posted board und
in der Ticker Buzz Cloud !

Das alles sorgt für hohe Aufmerksamkeit und könnte nächste Wooche zu stark steigenden Kursen führen meiner Meinung nach.

kommt endlich in laufen. Schön.

Das ist gestern wieder gut gekauft worden.
Heute mit Schwung über 30 ct ?
Würde mich jedenfalls nicht wundern.

investorshub.advfn.com/boards/...msg.aspx?message_id=127654912

Attn: Rare Lotto Play on the thread..I typically rarely if ever do lotto plays (OTC non-bio) on the board but I like one that I have been researching for the past few weeks. I typically allow two to three per year if that. They have always been biotech stocks but this is the first non-biotech stock I have allowed & it is awaiting news here shortly. ASH has been doing a lot of DD on the stock. The ticker is $PIOI. That is a LOTTO play on the thread!

DD from ASH111..PIOI Full DD, 01/04/17 : Mid-Long Term holding, main reasons:

PIOI in the process of undertaking the activities and negotiations with investors. it could be done overnight but also in Q1 2017,like any complex transaction.

1) Debt free.
2) 500m+ NOLs
3) >20 patents to monetize
4) $4,1mm tax credit
5) at least $1mm cash
6) insiders ownership 40%
7) some institutionals increased their positions
8) new investors will bring cash
9) ready to acquire profitable businesses
10) insiders accepted to be paid with shares at 1,30$ per share (half 2015 compensation)

Based On RELY's same deal the value is at least $100m. RELY trading almost 40 times PIOI, w/only 80% higher value in NOls :

It's important to note that RELY's acquisition has yet to result in profitable operations which is why their market cap isn't even higher than the current $177.6m. Although it will be difficult for those of us that are already in to hold beyond $1.00/$1.30, a decent patent evaluation and viable acquisition could put this well above that.( No-dough-go comments).

PIOI a $4M cap co. A/o today( w/zero debt) W/$500m+ NOLs,
finance.yahoo.com/news/...r-adopts-tax-benefit-000026095.html

RELY a $200M Company W/ $900M+ NOLs
seekingalpha.com/article/...al-industry-200m-company-900m-nols

In addition, PIOI has 20 registered Patents: on a conservative estimation of only $1m per patent we have an additional value of more $20m. www.p10industries.com/patent-licensing

I think we might see a private placement at around $1.3. shareholders accepted to be paid with shares at $1.3 and exactly those shareholders approved the deal.

"On September 21, 2016, we received a non-binding term sheet from a potential investor in Active Power regarding a proposal for Active Power to acquire an existing profitable operating company".

"On September 26, 2016, our board of directors held a special telephonic meeting. At the meeting, Mr. Ascolese updated our board of directors on the status of the negotiations with Langley and negotiations with three potential investors in Active Power".

slojab
Sunday, 11/20/16 07:19:03 PM
Re: None

Post # of 1550


I received two emails responses from Jay Powers.

On 11/20/2016 10:57 AM, Jay Powers wrote:

Thank you for your comment and support. As our press release indicated we continue in our efforts to raise additional capital to support the working capital and acquisition strategy of the business and we anticipate that this step will be completed before the end of the year. Our objective is to monetize the patents that we retained and to acquire well run and profitable businesses. We do anticipate that this will result in increased shareholder value.

Thank you
Jay Powers
CFO

After I responded to him, he replied again....

As you can see in our 2015 10K filing, our domestic Federal NOL’s at the time were $235.5M. There are stringent IRS regulations essentially prohibiting a company to acquire control of another entity and utilize the NOL’s. The NOL’s can be used by the entity generating the losses including the profits of entities it may acquire.

For clarification, no company will be acquiring the ACPW ticker. The asset purchase agreement with Piller required us to change our name because they will continue to use the Active Power brand. We are changing our name to P10 Industries and therefore required to change our ticker.

Thank you for your interest.

Jay Powers

Bustajoy
Tuesday, 01/03/17 12:48:03 PM
Re: EnricoMania post# 1749

Post # of 1770

Got an email from the president and CEO this time around. Sounds optimistic, and said they are well down the path of implementing the go-forward strategy, and as soon as they have something of substance, they will announce.

"We are looking forward to successfully implementing the strategy, and as you can imagine these transactions take longer than one would expect, and like you I find it hard to be patient in the mean time...".

Looks like they are just trying to put the last pieces together. Hopefully something soon enough. Sounded optimistic and about ready to pop out the pr, just making sure everything is right.


About NOLs:
(EnricoMania Comments):
look here to see how NOLs are used by companies to offset taxes.

globenewswire.com/news-release/2016/12/28/...ted-in-2017.html

"The company’s outstanding year-end results were partially attributable to the stellar performance at its wholly owned subsidiary, Marquis Industries, and partially to other non-cash income realized in connection with the Company’s deferred tax assets. These net operating losses (NOLs) were accumulated prior to Live Ventures becoming a diversified holding company and allow it to defer over $30M in future income. The NOLs provide the company a unique advantage in that it can keep a substantial portion of its income -- which normally would have been expensed at approximately 35 percent for taxes, and redeploy it in other areas such as stock repurchases, retirement of debt, or new acquisitions. Although a portion of this year’s earnings was attributable to its deferred tax assets, management believes the growth factors explained below will offset non-cash income realized during this year".

Das geht aber gen Süden heute:/

ir.activepower.com/...=122065&v=203&d=1&id=2255936

P10 Industries, Inc., formerly Active Power Inc., files for reorganization under Chapter 11, announces new investor, while preserving shareholder value

March 22, 2017
Company introduces 210/P10 Investment, LLC, who will invest $4.654 million in return for a 48% ownership of the company, at $0.215 cents per share

AUSTIN, Texas, March 22, 2017 (GLOBE NEWSWIRE) -- P10 Industries, Inc. (OTC:PIOI), formerly Active Power, Inc., today announced it has filed for re-organization under Chapter 11 of the Federal Bankruptcy Code, using a prepackaged plan of reorganization.  In connection with the filing, the company entered into a Restructuring Support Agreement (the “210 RSA”) with 210/P10 Investment, LLC (“210 Capital”), as well as a Restructuring Support Agreement with Langley Holdings plc, the acquirer of P10’s former operations (“Langley RSA”).  Subject to the terms and conditions of the plan and the 210 RSA, Dallas-based 210 Capital will invest $4.654 million cash in P10 in exchange for shares of the company’s common stock representing approximately 48% of the company.

In addition, 210 Capital will provide up to ten million dollars of financing to be used for acquisitions (subject to the terms and conditions of the plan and the 210 RSA) as P10 implements its strategy of monetizing its intellectual property and seeking investments in companies that generate profit and positive cash flows, thus creating long-term stockholder value.

Under the plan, the company will also be shedding all of its contingent liabilities, including obligations under the lease of its former headquarters facility in Austin, Texas.

“We are announcing another significant milestone in our evolution today,” said Mark A. Ascolese, President and CEO of P10. “After an extensive search, we have found an investor who shares our vision of the future and is willing to commit capital to help us successfully implement our new strategy.  We believe that we can emerge from protection under the Federal Bankruptcy Code via a pre-packaged plan in a matter of weeks and thus protect and preserve value for current shareholders.”

“210 Capital is very excited to be able to step in and become part of P10’s future by providing capital and access to credit as the company moves forward,” said Robert Alpert, Managing Partner of 210/P10 Investment LLC. “We look forward to working with the company as it implements its strategy of monetizing the company’s intellectual property and acquiring profitable companies.”

The consummation of the plan will be subject to customary conditions and other requirements. The 210 RSA also provides for termination by each party, or by any party, upon the occurrence of certain specified events.  The Langley RSA provides for termination by each party, or by any party, upon the occurrence of certain specified events.

The foregoing descriptions of the RSA and the Plan are qualified by reference to the full text of such documents, copies of which P10 intends to make available on its website on or about Friday, March 24, 2017.

The company filed its voluntary Chapter 11 petition and the Plan in the U.S. Bankruptcy Court for the Western District of Texas in San Antonio.

The information contained in this press release is for informational purposes only and does not constitute an offer to buy, nor a solicitation of an offer to sell, any securities of the company, nor does it constitute a solicitation of consent from any persons with respect to the transactions contemplated hereby and thereby. While the company expects the restructuring will take place in accordance with the plan, there can be no assurance that the company will be successful in completing a restructuring.

Certain statements in this press release are forward-looking and are based upon the company’s current belief as to the outcome and timing of future events. All statements, other than statements of historical facts, that address activities that the company plans, expects, believes, projects, estimates or anticipates will, should or may occur in the future are forward-looking statements.  Important factors that could cause actual results to differ materially from those in the forward-looking statements herein include, but are not limited to, the ability to confirm and consummate a plan of reorganization in accordance with the terms of the Plan; the ability to complete the financing transactions contemplated by the 210 RSA; the ability to complete the transactions contemplated by the Langley RSA; risks attendant to the bankruptcy process, including the effects thereof on the company's business and on the interests of various constituents, the length of time that the company might be required to operate in bankruptcy and the continued availability of operating capital during the pendency of such proceedings; risks associated with third party motions in any bankruptcy case, which may interfere with the ability to confirm and consummate a plan of reorganization in accordance with the terms of the plan; potential adverse effects on the company's liquidity or results of operations; increased costs to execute the reorganization in accordance with the terms of the plan; effects on the market price of the company's common stock and on the company's ability to access the capital markets; and known trends and uncertainties as described in the company's Annual Report on Form 10-K for the year ended December 31, 2016, as filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, the company's actual results and plans could differ materially from those expressed in the forward-looking statements.

About P10 Industries
P10 Industries is a company led by proven, experienced business leaders aimed at monetizing intellectual property assets and acquiring profitable businesses in the commercial and industrial markets to generate profit and positive cash flows, ultimately creating long-term shareholder value. P10’s current business commenced on November 19, 2016, following completion of an asset acquisition of its Active Power assets by Piller Power Systems, Inc. (formerly known as Piller USA, Inc.), a subsidiary of Langley Holdings PLC. Active Power changed its name to P10 Industries pursuant to the terms of the acquisition agreement. For more information, visit www.p10industries.com. P10 Industries stock trades on the OTC Pink Market, which is operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities. P10 Industries stock trades under the symbol “PIOI.”

P10 Press and Investor Contact:
Jay Powers
CFO and Vice President, Finance
(512) 744-9568

aber noch ist P10 extrem günstig m.M.n.