1. What will the pps be now that the auction is done, and please give me calculations for how you determine that with all the information necessary to use (Please include how Wanxiang and A123 will tackle the debt when you're doing the equation)
WAX WAS KEY HERE. THEIR OFFER FOR A123 FELL WELL BELOW EXPECTATIONS. SHARE PRICE WILL DROP TO UNDER 5 CENTS. 260MILLION - 350 MILLION = NEGATIVE NUMBER [NOT TO HARD TO COMPREHEND]
2. How much were the government contracts worth that were also sold in the auction?
I POSTED EARLIER THAT THIS IS ONE OF THE FEW OUTS THAT WE HAVE. BUT EVEN THIS IS FARFETCHED...
3. What will happen to the 120 million in the governments $$ that was given to A123?
THAT MONEY IS GONE. USA WILL NOT SUPPORT CHINESE OWNED COMPANY.
4. The 50 million loan Wanxiang gave to A123, what will now be of that, b/c that was not included in the debt so far, will that turn into an active donation or an asset for the company?
WAX IS LOOKING AT THE OVERALL PICTURE, GETTING RID OF SHARE HOLDERS, THE NUISANCE IF YOU WILL, WILL PROVE ALOT MORE PROFITABLE FOR THEM.
5. Why would a someone buy a company when they were already indebted in excess of over $100,000,000 if they didn't have a plan to be able to pay off the debt and quickly? YOU ARE AS THEY SAY WISHY WASHY... NEED I SAY MORE. JUST HOPE YOU DID NOT INVEST THE FARM ON THIS. GOOD LUCK...
I HAVE BEEN FOLLOWING THESE POSTS FOR THE PAST TWO MONTHS AND PRIOR TO THIS NEWS WE WERE ALL IN AGREEMENT THAT WAX WOULD HAVE TO OFFER ATLEAST 350MILLION IN ORDER FOR SHAREHOLDERS TO SEE ANY MONEY. WHY HAS THIS CHANGED NOW THAT WE KNOW THE TRUE NUMBERS?
AI
