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Wow, I remember this stock, one of the first I ever traded, finally got delisted huh, brings back memories, R.I.P AONE
- The Wiz
It's called a "Poop & Scoop". I also call it a "Bash & Grab".
http://www.investopedia.com/terms/p/poopandscoop.asp
http://www.otclive.com/pump.htm
Did the officers get any prison time for stealing MILLIONS and killing this company?
http://www.bloombergview.com/articles/2014-03-03/sec-can-explain-why-it-s-so-good-at-selling-stocks
I TRIED TO WARN YOU CLOWNS!
I told you baggies to get out a long time ago. Now they lost it all, LMFAO!!!!
Don't they still have tangible assets, intellectual properties and patients with large values associated with them?
That should be criminal. You know the company blew every penny and filled their greedy pockets. Complete waste of investor's hard earned money.
AONEQ - where did all the $$$ go?
All the investment in this company went to complete waste.
I's this stock still alive ? my ameritrade says its at 0.0 ? is this a glitch
I got lucky I made a cool $17 bucks.
Yo man it's gonna run. ;p just like Kodak.
Have you checked this one lately?
ot...saw your pm...I'm a freebie, so am unable to post on that board...but have read some....lol
Very patient indeed. What is next for A123, obviously the stock seems worthless or close to it.? Pre-trial for the main case right? Have any of you figured out what was left after "substantially" all the assets were sold. I still don't see how a company valued at $ 2 billion in 2010 is worth $260 million when they probably have had near $120 million in revenue or more this year alone. And their sales are increasing, plus grid storage is where the lowest hanging fruit lies. This really does baffle me.
Nah - been pissed...just waited this long to let the world know it ...it was a sad situation and I personally cannot figure out why in the world would we sell yet another asset to china when they already own our asses. geesh.
You're a pretty patient human being if you have waited this long to get pissed. Everything about this thing stinks. If you're an American tax payer and an investor in this company you lose twice. The only sliver of good here is the technology and that is gone too.
FYI, from my broker - but I don't know what to make of it:
Haha I still can't believe people!!! We sold it to the emerging Chinese super power. Thanks MIT and A123 employees for giving us a chance to be apart of it, at least some if not most employees kept their jobs too. I wonder why this company failed to miserably. Molycorp is in loads of debt which they accumulated to scale up production and vertically. I just don't see why this stock got bashed so hard. I'm not a green freak at all, I thought the financial world would have a balanced unbiased opinion and see the potential revenue growth in an infant industry. What a joke. There must be crazy awesome alternatives or maybe 3D printing will drastically lower costs, that or nat gas cars?
What do you mean, it's not over yet? The shares were cancelled!
You own nothing.
Opti
It's not over yet ! I'm staying put !
alright its gone now never mind the first comment about it :D ITS GO TIME PEOPLE!
i lost a little bit myself to me it was worth it. lessons learned and only thing the makes me angry is it didnt 0 out just stayed at .03 now my balance is messed up looking. well at least its over nps. maybe it will go to 0 :)
Still a bit shocking to see it actually come about.
I bought and sold this stock several times and followed all the drama. Some posters irritated me so much that I was banned several times just by responding to them. Funny how they all just drift over to the next play.
What a waste.
Opti
Sorry for everyone's loss but anyone still holding shares at this point had it coming. People had been warned that shares would be cancelled since early November and yet that didn't stop numerous pump and dumps from occurring! Makes me sick how new mods and different trading groups would come and go touting this thing as if it would miraculously emerge from BK as a fortune 500 company.
I still can't believe Siemans, NEC, JCI and "the other 20" companies couldn't even top a $250M bid for assets worth in excess of $400M? What were these assholes even doing at the auction if they had no real interest in the assets? Ah well at least this POS is finally dead and gone. Good riddance.
R.I.P. it was bound to happen .,,
Benhor: hope you get a chance to read this:
SECURITY DELETIONS
Updated Symbol Company Name Effective Date Unit of
Trade Comments
08:53 AONEQ A123 Systems, Inc. Common Stock 7/9/2013 100 Plan of Bankruptcy effective. All shares have been cancelled. Deletion time: 8:51:37 **
AONEQ: Plan of Bankruptcy effective. All shares have been cancelled. Deletion time: 8:51:37
http://www.otcbb.com/asp/dailylist_detail.asp?d=07/09/2013&mkt_ctg=NON-OTCBB
~ $AONEQ ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!
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c
Yeah I have a small position with AONEQ. I wanted to invest in American clean energy tech and I was hoping that maybe the grid energy storage part of the business would live on. IMO the bankruptcy plan will not pay out shareholders but hopefully the ammended plan gives mercy to shareholders.
oh, i see what you are saying, all the more reason for me to jump quick,which i will do, thanks for the heads up, are you in this?
I agree but I have not seen follow through with these volume jumps at the end of the week.
i dont really understand your question, but ill try to answer anyway,,i am looking to scalp this, Monday, because i think there will be interest that will push this up early next week,,could be wrong of course,,i think people will see this over the weekend and have their eye on this , by this i mean the volume rush end of day Friday and the chart set up, im not looking to invest in this company im looking to make a quick buck, isee potential in making a couple of dollars, if i see that there will be a continuation of positive trend up then i will reenter for more,this is the most simplified way i can think to explain my position, what is your opinion about this?
Have you been looking at the chart??
Why would you get out early on monday? Will people that actually follow the company/industry post some messages on this board rather than trolls and scalpers!
i took a small piece of this for a scalp today, looking to get out quickly on Monday...should be easy, end of the day was the high of the day so Monday should see a small rise,imo...
IMO their grid energy storage business seems to be growing with ease. I'm hoping that part of the company remains, especially if the utilities forecast is correct. What do you think internet?
.18 would have done me nice, even .15
Gaheez, first loss in months!! Damn n.
PennyNK
Should i just sell nome at a loss??! I can't keep with my holdings!!! Urggghhh.... I'd read that Xian... Is a maverick af reviving such companies and has a great track record at it.
Sounds line this is over??
PennyNK
On May 20, 2013 the Proposed Liquidation Plan was approved by the Bankruptcy Court to be effective in June/July 2013
So wasn't the effective date on June 28th???
Is this thing gonna open on monday?
Wish we could get a exit/settlement date figured out soon. I would still be shocked if they only support the creditors of A123. I bet a lot of people invested in carbon reductive technology. It only made sense to prepare for the inevitable in 2009/2010. Now Americans have all but forgotten disruptive climate change. Poor humans still don't understand the Stefan-Boltzman law. Either way I was hoping Obama could influence or Wanxiang would look out for all interests not just these creditors or whatever. Well glad most of probably made lots of money shorting the stock. Way to take the high road!!!
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A123 Systems, Inc. (Nasdaq: AONE) develops and manufactures advanced Nanophosphate® lithium iron phosphate batteries and energy storage systems that deliver high power and energy density, long life, and excellent safety performance. The company's game-changing technology enables customers to commercialize innovative products for the transportation, electric grid, commercial and government markets.
Founded in 2001, A123's proprietary Nanophosphate technology is built on novel nanoscale materials initially developed at the Massachusetts Institute of Technology. Today, A123 Systems is headquartered in Waltham, Mass. and employs more than 2,400 people worldwide.
With a planned investment of more than $1 billion dedicated to capacity expansion, A123 Systems is committed to continuing the development of its scalable manufacturing model. The company leverages more than 1 million square feet of manufacturing facilities in Asia, Europe and North America to mass-produce advanced battery cells and systems to meet increasing global demand.
A123 Systems is a TS-16949 and ISO9001 certified supplier of advanced lithium ion cells and systems designed to help customers quickly and cost-effectively take engineering breakthroughs from conception to commercialization.
A123 has extensive experience in designing and manufacturing advanced automotive lithium ion battery systems in an efficient package to enable the styling and performance expected from passenger vehicles. We've developed battery systems for electric vehicles (EVs), hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs) that meet and exceed rigorous automotive performance standards of major global automakers.
From custom solutions to off-the-shelf systems, A123 has the proven technology and extensive applications integration expertise to bring your application from conception to commercialization.
A123's breakthrough Nanophosphate® technology delivers high power and energy density combined with excellent safety performance and extensive cycle life. Our products have low capacity loss and impedance growth over time, allowing our systems to meet end-of-life power and energy requirements with minimal pack oversizing. A123's automotive battery systems meet the demanding performance requirements of passenger vehicles while offering lower system lifecycle costs.
Minimal pack oversizing and wide SOC (State of Charge) operating window means you get more from the battery:
Greater battery utilization = Superior price performance
A123's Grid Storage Solution (GSS) is a flexible and fully integrated solution with a grid-ready design that can be rapidly deployed today to enable generators, utilities and grid operators to reduce costs and increase plant efficiency. With High-Rate (HR) and Long-Duration (LD) options ranging from kilowatt-scale to hundreds of megawatts, A123's GSS can be easily configured to meet customers' exact power and energy requirements. The modular design of the GSS system is highly portable, easily placed (easy to site and permit) and can be configured to fit in spaces that cannot accommodate traditional generation assets.
A123's GSS offers a flexible, modular architecture that consists of three key components: the Grid Battery System (GBS), AEROS™ Energy Control System and Power Conversion System, which are fully integrated and grid-ready. The GSS delivers a system-level AC-AC roundtrip efficiency rating of 90 percent*.
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