Hard to say at this point, but through the reorganization process, the common stock could be canceled with no value. Please see our Investor FAQ at www.a123systems.com/about-us-asset-purchase-agreement-and-chapter-11-filing.htm for more information.
Can AONE reverse their bankruptcy intention?
We filed a petition for Chapter 11 bankruptcy protection because we missed two debt payments – that can’t be reversed
What are companies bidding for? What is up for bids?
Johnson controls and others are bidding for assets under reorganization
What influence do the bids have on share price and why?
Impact on common shares depends on the outcome of bankruptcy court
What is the value of the common stock under the various scenarios? High and Low.
I can’t speculate on share price. See also #1 above
What are the key dates going forward? Does risk increase or decrease October 30 and November 9?
Depends on what you think of as key. Bankruptcy court dockets are available at www.loganandco.com/Disclaimer.aspx?Ret=%2fClientSummary.aspx%3fDebtorID%3d381%26DebtorTabID%3d3529 and include hearing dates
What happens when the judge rules on the highest bidder?
There could be multiple bidders for various assets and the bankruptcy court guides the reorganization process
What is the end game for common shares?
See #1
Hebrews 11:6 And without faith it is impossible to please Him, for he who comes to God must believe that He is and that He is a rewarder of those who seek Him.
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