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Now i think were just waiting to see if we being at the bottom tier or 5th tier get something back. 175k is all in the stock atm i believe, i could be totally wrong. "On May 20, 2013 the Proposed Liquidation Plan was approved by the Bankruptcy Court to be effective in June/July 2013" from the recent sec filling. so basically its a gamble atm IMO. what i have in there atm is not worth at least for me pulling out because even with a little bump could change things for me. im thinking sometime in july we will see action. they said 50m out of 258.6m (DIP loan) was used so that only leaves 208.6m to pay out. if just a million where to trinkle down to use not sure how it would effect us, maybe rise the price just to 5x current price but idk :D Im just taking wild guesses here.
Not sure but hopefully she moves before its all said and done. Of course upward!
whats with the little spike just another pump and dump or some news?
Why has it been trading even??
PennyNK
Anybody left here??
Cancelled soon??
Life??
Who the f knows whats going on??
Ramblings of a broke investor...lol....
so our market capitalization at the moment is only $175525. >.> is this correct? market cap 5,950,000 x psp $0.0295.
Total claims of 600 million USD. Unsecured creditors get about 65% of claims. B456 interests like common stock is among the last classes to get paid out. I have no idea what will happen but I am enjoying the ride.
Unliquidated?
US BANK NATIONAL ASSOC, AS
INDENTURE TRUSTEE
JAMES E MURPHY, VP
100 WALL ST, STE 1600
NEW YORK, NY 10005
12/20/2012
$146,445,312.50 Unsecured
$0.00
Yes
Administrative Yes
$146,445,312.50 Total Asserted Yes
I need a little help. Personally this looks bad to me http://www.loganandco.com/dockets/ASI/ASI_DKT_001846_088931_00135502_e9618eed124bf5c2dfc4be42e531b88.pdf but what does the UNL stand for with the no's and yes's. if its going to stop trading then it is what it is. if we get a little something that would be a amazing.
Likewise, I'm sitting on 50K just to throw some excitement my way. It's not a biggie if it's canned. Although what a cluster f***. What happened to this company. Upper management just pocketed a bunch of cash, or so says most media outlets? How do you people live such boring lives and never question the truth? Just because you can trade level II makes you all severely lazy. I guess it's all in the game huh? Remiss of the immature comments I've made, I'd like to admit my stupidity as a trader. I bless all of you and I love all of you. Just remember though that deep down I hate all of you.
Still sitting on 30,000 who knows what can happen. Either way its not a big deal
Thy Axe shall strike twice before midnight on the secondth day of the fifth hour
Not sure why anyone would buy this stock. Did you not see in black and white on the company website the stock was going to be cancelled? When you guys bought in the .04 .05 range, homeboy was selling out like crazy.
Secret time,
Dissolution of B456 Securities. In accordance with the terms of the Plan, as soon as practicable after the Effective Date, B456 Securities shall be dissolved for all purposes without the necessity for any other or further actions to be taken by or on behalf of the Debtors or payments to be made in connection therewith. The dissolution of B456 Securities shall not have any effect, in any manner, on the Estate Causes of Action that the Liquidation Trustee may assert in accordance with the Plan and the Liquidation Trust Agreement or the Retained Causes of Action that may be asserted by Reorganized B456 or Reorganized Grid Storage.
I agree with you that even after the effective date the stock won't be cancelled. But how will the dissolution take place.
What about the issuing of new equity. in 7.15?
Section 7.15 Issuance of New Equity. The issuance of the New Equity is authorized without the need for any further corporate action or without any further action by a holder of Claims or Interests. On the Effective Date, the New Equity shall be issued to the Wanxiang
Are you just hoping that their will be leftover assets for fifth tier classes (B456 interests AKA shareholders)? If you were to guess the outcome of the reorganization, what are you thinking will happen in a best case scenario for shareholders?
Sorry I don't really think you're a pumper and I agree that I'm not patient. I just don't want to see AONEQ get cancelled and I don't know what to believe anymore.
1. I am not a pumper.
2. You are extremely impatient.
3. Again, you obviously don't know how to trade stocks. This stock has been bouncing in between .02 and .06 cents for the last six months...take advantage of that knowledge....or don't! I could really care less either way.
One thing I know for sure though. This stock will remain trading.
BUYERS BEWARE: Stock still looks to be cancelled soon imo. I think I got scammed by a pumper on this site too. Traders must be careful. This thing is going dark I think. POOOF GONE LOL!
I don't think there is a chance in hell that this stock will rebound. Thanks Secret Time pumper.
Crap this dead cat is not gonna bounce no more. I am trying to get out at the moment. What do you all think?
gosh I can hardly wait...what the hoola is going to happen. Is there any value any intellectual knowledge left to the shareholder anything at all in a once 1.2 billion dollar company? And why oh why is this company going private? Are we all completely poo balled?
Possible bearish harami? or shall she end bull engulfy
Bollinger squeezing, boll boll squee squee
Aoneq: Fly or Die Monday!
Yes I hope their is something left for the shareholders, like a fully viable and operating business. Come on man aren't you pissed this company scammed everyones money and is still supplying GM's Volt with batteries. Yes the management screwed it up big time but that means you clear house not screw over the public. I hate Wanxiang Amer Corp if this thing dies like a hot dog on aids
It has been ascertained that A123 and the main business is owned by Wanxiang and not the common shareholders.
The information that everyone is posting about is about A123 (not B456).
The information on A123's website is about A123 not B456.
We do not know what assets/IP B456 still owns?
2: The previous losses have tax benefits and value. So who gets the benefit?
B456 (aoneq) or A123 (Wanxiang)
Do the filings say there is nothing left for common stockholders?
Hey Guys more good news here the link:http://www.autoblog.com/2011/09/20/gm-and-chinese-automaker-saic-sign-ev-deal/
Jimmy Hottiepots Part Deux: As his body recovered from those scantily clad dreams he remembered the foregoing omen...
---****___ Purple Nips +++++++++++ Reverse Splits
---++++
***********Triple cows ___________Dirty bowels
---- IF you dare_______________ You may try
_____ But surely swear______________ not to cry
________Either way------------- and- Be it may
----------the raunchy wealth we may suckel
__________Except you must remember some is Put up____________Your Uncles Rumple!!
Hi Guys new to the site hers a link dont know if its new or old heres the link:http://in.reuters.com/finance/stocks/companyProfile?symbol=AONEQ.PK DREAMS DO COME THRU!!!!
For this beautiful post i give you follower-number 1! (lol)
Erz
I'm hoping Wanxiang America Corp doesn't cancel the stock and within 1 year we see AONEQ return to its former AONE status on the Nasdaq. Many years after we are all rich our grandchildren will talk about the AONEQ legend. Most will say that graphene nanoribbons played a key role in what many described the overnight production of countless 1000 mile EV batteries. Others would talk about how Obama imprinted his intelligence into the company itself, where it still lies dormant. Yet at little Jimmy Hotttiepots awoke from his dream Monday morning and checked his AONEQ. He found that all his money was gone. But just then Jimmy awoke from that dream within the dream and he was rich as boobs.
This stock is for mongoloids im holding 30k... When will the shit hit the fan???
http://ge.ecomagination.com/our-impact/investment-battery-a123systems.html
Has anyone seen this news. If this stock gets cancelled that would be such a shame.
For me I have to hold a powerful stock
Wanxiang Santa Claus complex? For the record I'm trusting Wanxiang America Corporation to not completely screw over the shareholders. But thats just mo.
Great to talk about real stuff, but what is your point?
Here are some snipplets from pending unknowns. Can we talk about real stuff here?
Section 7.08 Dissolution of B456 Securities . As soon as practicable after the Effective Date, B456 Securities will be dissolved
for all purposes without the necessity for any other or further actions to be taken by or on behalf of the Debtors or payments to be made in
connection therewith. Pursuant to Bankruptcy Code Section 1142(b), the Liquidation Trustee shall be authorized to file and shall file with the
official public office for keeping corporate records in B456 Securities’ state of incorporation a certificate of dissolution or equivalent document,
and may take any other action before any state governmental body or court that the Liquidation Trustee deems to be necessary or appropriate to
complete the dissolution and winding-up including, but not limited to, any actions contemplated in Sections 275-283 of the General Corporation
Law of the State of Delaware (the “DGCL”). For purposes of the preceding sentence, this Plan shall constitute a plan of distribution as
contemplated in the DGCL. The certificate of dissolution or equivalent document may be executed by the Liquidation Trustee without need for
any action or approval by the shareholders or Board of Directors of any Debtor. From and after the Effective Date, B456 Securities (a) for all
purposes shall be deemed to have withdrawn its business operations from any state in which it was previously conducting, or is
34
registered or licensed to conduct, its business operations, and shall not be required to file any document, pay any sum or take any other action in
order to effectuate such withdrawal, (b) shall be deemed to have cancelled pursuant to this Plan all Interests, and (c) shall not be liable in any
manner to any taxing authority for franchise, business, license or similar taxes accruing on or after the Effective Date. For the avoidance of
doubt, the dissolution of B456 Securities shall not have any effect, in any manner, on the Estate Causes of Action that the Liquidation Trustee
may assert in accordance with the Plan and the Liquidation Trust Agreement.
Section 7.13 Corporate Authorization . On the Effective Date, all matters provided for under this Plan that would otherwise
require approval of the stockholders, directors, members or managers of one or more of the Debtors shall be deemed to have occurred and shall
be in effect from and after the Effective Date pursuant to Section 303 of the Delaware General Corporation Law or other applicable law of the
states in which the Debtors are organized, without any requirement of further action by the stockholders, directors, members, or managers of the
Debtors. After the Effective Date, to the extent necessary, the Liquidation Trustee shall have all authority to address any and all matters that
would have required the approval of, and to act on behalf of, the stockholders, directors, members or managers of one or more of the Debtors.
From and after the Effective Date, the holders of the New Equity in Reorganized B456 and Reorganized Grid Storage may take any and
all necessary or appropriate actions to appoint directors, officers and/or managers of Reorganized B456 and Reorganized Grid Storage consistent
with the charter, articles of incorporation, operating agreements and/or bylaws of Reorganized B456 and Reorganized Grid Storage, subject to
any limitations in applicable non-bankruptcy law. On the Effective Date, the charter of Reorganized B456 and operating agreement of
Reorganized Grid Storage shall be deemed amended to include a provision prohibiting the issuance of nonvoting equity securities pursuant to
Bankruptcy Code Section 1123(a)(6). The Debtors, Reorganized B456 and Reorganized Grid Storage may prepare, execute and/or file with the
Delaware Secretary of State and other state governmental authorities having jurisdiction over the Debtors such amendments of their respective
charters, articles of incorporation, operating agreements and/or bylaws as may be necessary or appropriate under applicable non-bankruptcy law
to effectuate such amendments.
Section 7.15 Issuance of New Equity . The issuance of the New Equity is authorized without the need for any further corporate
action or without any further action by a holder of Claims or Interests. On the Effective Date, the New Equity shall be issued to the Wanxiang
36
Equity Designee in accordance with the terms of the Asset Disposition Agreement. The New Equity issued pursuant to the Plan shall be duly
authorized, validly issued, fully paid and non-assessable. Reorganized B456 and Reorganized Grid Storage shall not be obligated, and do not
intend, to list the New Equity on a national securities exchange.
Section 7.18 Corporate Existence . Except as otherwise provided herein, Reorganized B456 and Reorganized Grid Storage shall
continue to exist after the Effective Date as separate entities in accordance with the applicable law in the respective jurisdictions in which they
are formed and pursuant to their respective certificates of incorporation (or similar organizational documents) and bylaws in effect before the
Effective Date, except to the extent such certificate of incorporation (or similar organizational documents) and bylaws are amended by the Plan
or otherwise, and to the extent such documents are amended, such documents are deemed to be amended pursuant to the Plan and require no
further action or approval (other than any requisite filings required under applicable state law).
Section 9.02 Estimation of Claims or Interests . Through the Claims/Interests Objection Deadline, the Liquidation Trust may
request that the Bankruptcy Court enter an Estimation Order fixing the value of, pursuant to Bankruptcy Code Section 502(c), any contingent or
unliquidated Claim or Interest, or Equitable Right to Payment, regardless of whether a Debtor has previously objected to such Claim, Interest or
Equitable Right to Payment, provided that a Final Order or unstayed order has not previously been entered by the Bankruptcy Court with respect
to such Claim, Interest or Equitable Right to Payment or any such objection, and the Bankruptcy Court will retain jurisdiction to estimate any
contingent or unliquidated Claim or Interest or Equitable Right to Payment at any time during litigation concerning any objection to any
contingent or unliquidated Claim or Interest or Equitable Right to Payment, including during the pendency of any appeal relating to any such
objection. In the event that the Bankruptcy Court enters an Estimation Order estimating any contingent or unliquidated Claim or Interest or
Equitable Right to Payment, the amount of such estimation will constitute either the Allowed amount of such Claim, Interest or Equitable Right
to Payment or a maximum limitation on such Claim, Interest or Equitable Right to Payment, as determined by the Bankruptcy Court in the
absence of a stay of such order pending appeal. If a Claim has been estimated for an amount less than the Face Amount and the Claim holder
has obtained a stay pending appeal, the Liquidation Trust must reserve for the Face Amount of such Claim pending resolution of such appeal. If
the estimated amount constitutes a maximum limitation on such Claim, Interest or Equitable Right to Payment, the Liquidation Trust may elect
to pursue any supplemental proceedings to object to any ultimate payment on such Claim, Interest or Equitable Right to Payment. All of the
aforementioned Claims, Interests and Equitable Right to Payment objection, estimation and resolution procedures are cumulative and are not
necessarily exclusive of one another. Claims, Interests and Equitable Rights to Payment may be estimated and thereafter resolved by any
mechanism permitted under the Bankruptcy Code or the Plan.
Section 5.09
Class 9: A123 Interests
.
(a)
Classification
. Class 9 shall consist of all A123
Interests. Class 9 is Impaired by
the Plan and the holders of A123
Interests are not entitl
ed to vote on the Plan
and are deemed to
reject the Plan.
(b)
Treatment
. A123 Interests are Fifth Tier Cl
aims/Interests under the Plan. All
A123 Interests shall be can
celled as of the Effectiv
e Date. Subject to th
e provisions of Section
5.11 of the Plan, no holder of an A123 Interest sha
ll receive or retain any property under the Plan
or the Liquidation Trust Agreement on
account of such holder’s Interest.
Section 5.10
Class 10: Subsidiary Interests
.
(a)
Classification
. Class 10 shall consist of all Subsidiary Interests. Class 10 is
impaired by the Plan and the holders of Interests in
this Class are not entitled to vote on the Plan
and are deemed to reject the Plan.
(b)
Treatment
. The holders of Subsidiary Intere
sts shall not receive
or retain any
property under the Plan on account
of such Interests.
Section 5.11
Supplemental Treatment in Event of Surplus in Available Cash
. The
treatment provisions of the Plan assume sufficient Available Cash to permit payment in full of
First Tier Claims and partial payment of Seco
nd Tier Claims. If, however, Available Cash
exceeds expectations and a surplus of Available
Cash remains in the LT Distribution Account
after all First Tier Claims and Second Tier Claims
are paid in full or adequately reserved for,
then such surplus Available Cash shall be distributed as follows:
(c)
Fifth Tier Claims/Interests
. If all Third Tier Claims
and Fourth Tier Claims are
paid in full or adequately reserv
ed for and a surplus of Available Cash still remains in the LT
Distribution Account, each holder of an Allowe
d Subordinated Stock Clai
m and each holder of
an Allowed A123 Interest shall be
entitled to receive one or mo
re Distributions of Available
Cash in an amount equal to it
s allocated share of
such remaining Availa
ble Cash as such
allocated share shall be determined by the
Bankruptcy Court upon motion of the Liquidation
Trustee.
- 8 -
“
Estate Causes of Action
” means all Causes of Action that belong to the Estates,
including but not limited to: (a) all Avoidance
Actions; (b) all other cl
aims in avoidance,
recovery, subordination; (c) all
other actions described in th
e Disclosure Statement, the
Schedules and the Plan, including, but not lim
ited to, claims the Debtors may have against
Johnson Controls, Inc. that would result in future
litigation by or on behalf of the Debtors in
connection with activities relating to the Wanxia
ng Sale; and (d) any counterclaims or rights of
setoff against any creditor. For
the avoidance of doubt, the term
Estate Causes of Action does
not include (i) any Cause of Action or Avoida
nce Action acquired by Wanxiang America or the
Wanxiang Designee or that the Debtors have c
ovenanted not to pursue under the terms of the
Wanxiang Asset Purchase Agreement or (ii) a
ny claim, obligation, suit, judgment, damage,
demand, debt, right, cause of action, act, omission
or liability that is
(x) released, waived,
discharged or exculpated pursuant to Secti
ons 12.06 or 12.07 of the Plan, or (y) otherwise
resolved by the Plan or Final Or
der of the Bankruptcy Court.
Checked it and it says sell
This should be cancelled any day.
15. Cancellation of Existing Securities and Agreements . Pursuant to Section 7.04 of the Plan, on the Effective Date, except to the extent otherwise provided in the Plan, all notes, instruments, debentures, certificates and other documents evidencing Claims and Interests in a Debtor or the Debtors including, without limitation, the Senior Notes, the Subordinated Notes, and the B456 Interests, shall, with respect to the Debtors, be canceled and deemed rejected and terminated.
You can't argue with that.
Patient for what? I feel like Wanxiang is going bum bang us because most people don't even know A123 exists. We are probably all completely screwed. I just want this company to hit it out of the park and let their revenue speak for itself. No listing other than OTC pink limited. They just go for gold
Secret time:
I'm trying to be patient too!
Why hasn't it been cancelled yet then?!
Remember this: I have been watching this stock WAY longer than you. Just a week ago it was almost at 7 cents....you're a fool if you don't think it will rebound. Also, I have made plenty of money on this stock in the last 6 months....6 months...that's also the amount of time since the stock was supposed to be "cancelled". Where's the defeat geo? Has this stock been "cancelled" as so many of you claim it will be? If you knew anything, we're trading right in the middle of what this has been trading at for the last 6 months. Why don't you learn how to trade yeah?
You never admit fault secret time. Remember this: Order in at .0435 or miss the boat!
Why not, the website says the stock will be cancelled.
Haha it's not going to be.
When is this stock going to be cancelled? Inquiring minds would like to know.
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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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