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The other scenario is that the Wanx bid is not authorized and therefore then JCI take over the bid. That's the dead line scenario...
I consider you're right! I think we can get some money back if JCI will take over A123, considering the remaining funding will be settled.
We maybe keep in touch.... I'd like you to be Warren buffet and then stick on you. We never know I have a dream too...
Think what Warren Buffett would do, and do it.
Are you stupid?
85 mio$/315 mio~0,25 pps
JCI do not need to because the reaming fund will be approved and settled once the bid won? If Wanx I doubt the USA will pay twice for funding that...
Absolutely, Wanx needs to offer a bid that includes the remainign funds that they will never gets back once the aunction wins.
That will if the judge will vote for the assets, claims and liabilities into bid. That would be a dream for me as well.
Please do not forget the remaining fund that is included into the A123 co if the buy out. The judge will automatically vote for a claim and liability bid instead of just a money bid for assets.
When a buy out, you've to take all the liabilities and ongoing claims. that's the life
Wank has no choice anyway to take liabilities, debts and claims of the company if Wankx buy the A123 systems out. So, that's not a big surprise even if Wanx try to avoid that within the bid made.
That's a good news...but will see on pps. This means the 85 mio$ divided by outstanding share are about 0,25 $...Do you feel that realistic ?
I doubt that the judge does not take the remain fund due 120 mio $ into consideration when JCI bids about 250 mio$. This is to add to the bid made in case of JCI. At the opposite, I do not see USA paying for Wanxiang the remaining due fund.GLTA
Once the auction completed, this will go back on the Nasdaq and we'll get money back so far the market and contracts signed are huge. GLTA
That's also an hypothesis to take into account
That document has a lot of value for us small shareholders. Thank you so much.
A calculation would lead to a 1$ PPS if a bid at that value minor debts and other current claims are resolved. This is too nice to be real. But let say we can only cross fingers at this stage and wait 3 more days...
I see a big gap between buy/sell position along the auction procedure will be starting on Dec 6th. People who sell are not serious now because nothing will come out before Dec 6th and the ones who buy are more playing a good game. That's my feeling.
If Chineese bid is so high, it's only to get the intellectual property and not only to keep the facility in the USA. The Co value is basically due to its know how. A123 Systems can sell the intellectual property to the US army/GM/.... and sell the empty shell to Chineese. The judge will not accept a lower bid for the intellectual property than the money offered by Chineese. That's a good business.
Chineese are behind the scene for ever...Have a look on that article:
http://www.nytimes.com/2012/08/17/business/us-battery-maker-sets-financing-deal-with-chinese-firm.html?ref=a123systemsinc
Last week, Wanxiang America said it wanted to be the lead bidder for all of A123’s assets in the court-supervised auction.
http://finance.yahoo.com/mbview/threadview/?&bn=da6d5f4f-29aa-333e-b824-89c527e23656&tid=1352419066612-fec0a8bf-4db4-4202-bcfa-b6f35b82de25&tls=la%2Cd%2C4
Wanxiang America will lead the bid of ALL the assets. Parts wouldn't be the best choice when other bidders offer to valorize some of the assets. That would be the best for us!
ALL IN ONE BIDDER GLTA
That's also my guess. Have a look on numbers, some are short overhere and might push PPS up as well:
GWBU Security Details
Share Structure
Market Value1 $101,447,595 a/o Jul 05, 2012
Shares Outstanding 349,819,293 a/o May 10, 2012
Float Not Available
Authorized Shares Not Available
Par Value 0.0001
Shareholders
Shareholders of Record 8 a/o Nov 14, 2011
Corporate Actions
Ex. Date Record Date Pay Date
Security Notes
Capital Change=shs increased by 75 for 1 split, payable upon surrender.. Pay date=02/03/2012.
Short Selling Data
Short Interest 1,030,886 (13.1%)
Jun 15, 2012
Significant Failures to Deliver No
Transfer Agent(s)
That might help to reach the moon:
http://www.americanbulls.com/StockPage.asp?CompanyTicker=PTSH&MarketTicker=OTC&TYP=S
Buy confirmed on Americanbulls.com
How far it will go then ?
short selling means buyer are in the obligation to cover lower trends while in the same time the pps should go up with a high buying pressure. Keep it quite and take it as a tremendous opportunity to make lots of $$$$$$$.IMO
GLTA
I assume we touched the bottom line with low volume trading at such bottom pps. Pintar was buying more sh at that pps and that makes me quite confident for a better future. We are all waiting for the merger in the near future. Just wait and see. Keep in touch with hopes...GLTA
I've the same feeling. We should get the NR soon, maybe still this week. I remember someone who talk about end of August. It went to 0.004 just on the rumor basis, when the news will be released, we'll see this so far.
Finally, merger-Alert!
28.07.2010 17:07 28.07.2010 17:07
Endlich ist es PTSH gelungen einen Merger-Partner zu finden. It's finally succeeded PTSH one merger partner to find. Am Dienstag einigte man sich darauf einen Letter of Intent zu verfassen. On Tuesday, it was agreed to write a Letter of Intent. Wir erwarten den LOI in den nächsten Tagen. We expect the LOI in the coming days. Bei dem Merger-Partner handelt es sich um ein Unternehmen aus dem Energie-Sektor, mit 3 Tochtergesellschaften. With the merger partner is a company from the energy sector, with three subsidiaries.
The new board has decided to change of Chairman with a woman who has the confidence of the merger company and the auditors has been changed with the one usually review accounts of the merger company as well. It is my opinion, but it's often like that. In conclusion, I'm very confident that the merger will be a real success. GLTA
Nice to see shares at low pps is drying up. We'll see the big bang when the LOI will be signed. Longs will be rewarded.
The merger company might be IMO in that file:
http://agrilife.jrc.ec.europa.eu/documents/TE_WP1_Annex_FinalReport.pdf
Let's wait for LOI and then cash $$$$$$$$$$$$ in. GLTA
Back to green eod ?
That will be dried up by eod. Nice to see the current report filing (8-K). I can smell $$$$$$$$$
I am quite new over here. Do you have any idea on the pps if the FDA approved the product for medical application ?
This is going to be a reporting co. I assume that might be a good opportunity to meet with green high!. Let's hope that. If numbers are those ones announced by PR this might bounce in one day. GLTA
look at the ask L2!
It's starting up right now! Looking good with $20 millions sales in 2010. It will blast to pps $0,1 when first FR!
Yes indeed! We need to keep in touch with that stock! We have a good co with major projects. We'll go at higher levels while the business and profitability is under construction.
Good luck!
Volumes are quite low for dilution